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The BFCM Index: three years of Black Friday performance, broken down by channel.

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ACQUISITION + MEASUREMENT · MEAL DELIVERY (D2C SUBSCRIPTION)

Macros & Soulara

Turning a subscription-only meal brand into a shopping powerhouse

30%+

Average monthly incremental reach

2

Sister brands run as one programme

New

Acquisition channel activated

EngagementJuly 2024 - 2025
IndustryFood-beverage
DisciplinesPaid Social, Paid Search, Shopping & PMax, Incrementality, CRM

Channel performance

Where the spend actually moved.

Meta

30%+ monthly avg

Incremental reach

Google Shopping / PMax

New acquisition channel

Enabled through gateway product

Criteo

Retargeting evaluated

Paused after weak incremental return

Overview

Macros (macro-counted meals) and Soulara (plant-based meals) are sister D2C brands under v2food. Both run on a subscription model, which meant neither could be advertised directly through Google Shopping or Performance Max. Elephant Room ran one combined acquisition and measurement programme across both brands, built around a gateway product strategy that opened up channels the subscription model had locked out.

THE CHALLENGE

Macros and Soulara are subscription-only meal delivery brands, which meant neither could be advertised directly through Google Shopping or Performance Max: those surfaces are built for one-time purchases, not recurring subscriptions. Macros in particular was running limited, brand-only search campaigns with no shopping feed and no path to scale beyond its existing audience.

Strategy room — where the next quarter gets argued through

THE APPROACH

How the engagement was structured.

We built a one-time-purchase gateway product for Macros so the brand could enter Shopping and Performance Max without advertising the subscription directly, turning a structural limitation into a new acquisition channel. The same team ran a combined Meta, Google and CRM programme across both Macros and Soulara, sharing measurement infrastructure and reporting since both brands sit under the same v2food marketing team. Retargeting through Criteo was tested and then paused when returns did not hold up, keeping spend concentrated on the channels that were working.

Friday demo wall — what shipped, what moved the dashboard

THE OUTCOME

Both brands sustained strong upper-funnel performance, with monthly incremental reach averaging over 30% from December 2024 to February 2025, above the 25-30% range typically taken as a healthy benchmark for that stage of the funnel. The gateway product strategy gave Macros a functioning Shopping and Performance Max presence where none had existed before, opening a growth channel the subscription model had otherwise locked out.

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50+brands
$750M+GMV
10+years