Conversion rate optimization

So I'm planning on opening a store selling handbags or any product targeting women but not clothes or shoes.

Here are my expected spending and expected results:

Ad spend per day: $7.5

Channels: Instagram and Facebook

Expected visitors per day: 300 visits, targeting 1000 visits per day.

Expected sales: 3 conversions (1% conversion rate)

Targeting: High class women in need of classy, luxurious and quality handbags.

So here's my question, is it possible to achieve 3 sales per day with 300 visits or using $7.5 in ad spend each day?

Or I'm I too ambitious?

Please advise – thanks!

submitted by /u/Acclaimedwriter07
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