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JewelleryDuration 2 monthsCase study

Jewellery case study: ₹10,000–₹20,000 to ₹16,290 monthly revenue in 2 months

Numbers modelled on 10 Monastic Media ad accounts

Case study

Week by week

Revenue by week
WeekPhaseAd spendRevenueROASPurchasesCost per purchase
Start––₹10,000–₹20,000–––
Week 1Learning₹2,017₹3,7661.87x1₹2,017
Week 2Learning₹2,010₹3,8481.91x1₹2,010
Week 3Learning₹2,010₹3,8521.92x1₹2,010
Week 4Learning₹1,891₹3,6101.91x1₹1,891
Week 5Scaling₹2,079₹3,8911.87x1₹2,079
Week 6Scaling₹2,120₹3,9821.88x1₹2,120
Week 7Scaling₹2,162₹4,0551.88x1₹2,162
Week 8Scaling₹2,160₹4,1341.91x1₹2,160
Week 9Scaling₹2,125₹4,1191.94x1₹2,125
Total₹18,574₹35,2571.90x9₹2,064
Ad spend₹18,574
Revenue₹35,257
Blended ROAS1.9x
Orders9
Revenue, the last 4 weeks₹16,290
ROAS, the last 4 weeks1.9x
Cost / purchase, the last 4 weeks₹2,142
Avg order value, the last 4 weeks₹4,072
Conversion, the last 4 weeks0.69%
Period covered9 weeks
Milestone₹3L–₹5L a month

Funnel

Funnel, first view to purchase the last 4 weeks

  1. Impressions35,044
  2. Link clicks736
    2.1% of impressions
  3. Landing-page views578
    78.53% of link clicks1.649% of impressions
  4. Added to cart24
    4.15% of landing-page views0.068% of impressions
  5. Checkout started8
    33.33% of added to cart0.023% of impressions
  6. Purchases4
    50% of checkout started0.011% of impressions

0.011% of impressions became purchases

Mix

Where the budget goes the last 4 weeks

SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram₹6,27673.3%31.92x₹2,092
Facebook₹2,29126.7%11.86x₹2,291
SegmentAd spendShare of spendPurchasesROASCost per purchase
Instagram Reels₹4,14648.4%21.90x₹2,073
Facebook Feed₹2,29126.7%11.86x₹2,291
Instagram Feed₹2,13024.9%11.95x₹2,130
SegmentAd spendShare of spendPurchasesROASCost per purchase
Prospecting (cold audiences)₹7,79391.0%31.89x₹2,598
Retargeting (warm audiences)₹7749.0%11.97x₹774

Creatives

Creative mix the last 4 weeks

New ads per month

Video4 a month
Catalogue (dynamic product ads)1 a month
Moderate1.90xblended ROAS 2 creative types₹8,567 spend
Creative typeTierAd spendPurchasesROASCost per purchase
Catalogue (dynamic product ads)Moderate₹1,55311.96x₹1,553
VideoModerate₹7,01431.89x₹2,338

How we run it

How we run it, why, and how it works

  1. Research & offer Week 1 to 2

    What we do

    We focus the first week on turning visits into orders, the brand’s main problem, on a smaller base. We get the store ready for paid traffic first: reviews and trust pointers on product pages, a visible return window, an about page and a reason to pay upfront. We lead with craft: handcrafted or made-to-order positioning, with personalised pieces up front.

    Why

    In this case study, a smaller jewellery brand grows monthly revenue in 2 months, from ₹10,000–₹20,000 to ₹3L–₹5L (26.7x). Fewer than one in ten of our measured accounts grew that fast in the same time, so the case study follows the pace of that top tenth rather than forcing the number. The main problem in this scenario is turning visits into orders. Conversion rate caps what any ad budget can return. Jewellery buyers decide on the piece and the story behind it.

    How it works

    Fixes are listed and handed over early, so later budget lands on a store that converts. Personalised pieces open the prospecting ads.

  2. Measurement & reviews Week 1 to 9

    What we do

    We set the path from ₹10,000–₹20,000 to ₹3L–₹5L as written weekly numbers, and read every review against the week so far. We track ad-platform revenue beside store orders in a shared daily sheet. We raise budget in a week only while return holds; where it starts to slip too far, we hold it.

    Why

    No starting return on ad spend was given; the starting return is what measured jewellery stores of that size hold. A shortfall is caught in the week it happens, not at the end. Platform attribution over-counts, so budget decisions sit on the store-side number.

    How it works

    Written monthly numbers make each scaling decision explicit. Budget decisions are read off store numbers, not the ad platform alone. Where return starts to slip too far, the week keeps last week's budget.

  3. Creative testing Week 1 to 4

    What we do

    We lead the testing layer with video and catalogue ads, building to a handful of new ads a month by the last four weeks, with no format far behind the account's return. We show the piece: product-only singles and carousels, swapped the moment they stop converting. We make trust the subject of the video: creator reels, customer feedback and founder-led clips. We test static images beside video.

    Why

    Jewellery buyers decide on the piece, and fatigue sets in fast. In most accounts we measured, video that carried trust held its return. Among the jewellery accounts we measured, static image was the format most often in the top creative tier.

    How it works

    Creatives are rotated on conversion, not on a calendar. Low-quality UGC is pulled and founder-led video takes its place. Statics are added after a video wins. The number of new ads grows with spend; video makes up the largest part and catalogue ads the next.

  4. Scaling Week 5 to 9

    What we do

    We scale through Week 5 to Week 9 toward ₹3L–₹5L as the budget rises gently while return holds, with Instagram Reels taking the largest share of spend and Facebook Feed the next. We recover abandoned checkouts with WhatsApp messages as traffic grows. We scale into the festive and wedding calendar with seasonal collection campaigns.

    Why

    Across Week 5 to Week 9, the budget rises gently, while return on spend holds. Four of these weeks stop their budget step where return starts to slip too far. In one of these weeks budget holds, because return is below the level where more budget pays. Each budget step here is sized so that return stays close to where it was. WhatsApp is cheaper than paid retargeting for buyers who already reached checkout.

    How it works

    WhatsApp recovery runs alongside paid retargeting, not instead of it. Budget moves between regions as the calendar turns. Most of the last four weeks's spend sits on Instagram Reels, then Facebook Feed. Prospecting to new buyers takes the bulk of spend, while retargeting returns more for each rupee.

Milestones

Milestones by week

  1. Week 1

    First, the set-up: the first ads run on a small daily budget while tracking is checked against store orders. Store fixes go live: reviews, trust pointers and the prepaid offer. Store orders and ad-platform revenue are checked side by side.

    • Revenue ₹3,766
    • ROAS 1.87x
    • Ad spend ₹2,017
  2. Week 2

    The first read of the ads is in, and the ones that do not convert stop. Spend holds, and return holds.

    • Revenue ₹3,848
    • ROAS 1.91x
    • Ad spend ₹2,010
  3. Week 3

    Offers and store fixes switch on as the first orders confirm. More budget does not pay at this return, so spend holds, and return holds.

    • Revenue ₹3,852
    • ROAS 1.92x
    • Ad spend ₹2,010
  4. Week 4

    The learning phase ends with a buyer identified and a winning ad chosen. Spend holds, and return holds.

    • Revenue ₹3,610
    • ROAS 1.91x
    • Ad spend ₹1,891
  5. Week 5

    Scaling begins: abandoned checkouts get WhatsApp follow-ups. Budget goes up only as far as return can carry it: spend holds, and return holds.

    • Revenue ₹3,891
    • ROAS 1.87x
    • Ad spend ₹2,079
  6. Week 6

    Customer-feedback and creator videos are refreshed.

    • Revenue ₹3,982
    • ROAS 1.88x
    • Ad spend ₹2,120
  7. Week 7

    The seasonal collection campaign leads this period's spend mix.

    • Revenue ₹4,055
    • ROAS 1.88x
    • Ad spend ₹2,162
  8. Week 8

    Static images are tested beside the winning video. More budget does not pay at this return, so spend holds, and return holds.

    • Revenue ₹4,134
    • ROAS 1.91x
    • Ad spend ₹2,160
  9. Week 9

    Product-only creatives that stop converting are swapped. Budget goes up only as far as return can carry it: spend holds, and return holds. The case study finishes short of ₹3L–₹5L: budget stops rising where return starts to slip. Cost per purchase ends higher than in the learning phase.

    • Revenue ₹4,119
    • ROAS 1.94x
    • Ad spend ₹2,125

Learnings

Learnings from Jewellery brands we measured

  1. We recover abandoned checkouts and lift repeat orders with WhatsApp messages.

  2. Run creator, customer-feedback and founder-led video; replace low-quality UGC with founder-led video when sales soften.

  3. Positioned as handcrafted and made to order; led with personalised pieces

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