Jewellery & Retail · D2C Performance Case Study

A Steady 5.1x ROAS — Not Just a Lucky Peak

Chandi Silver Co. had run catalog ads that spiked around festivals and sagged the rest of the year. Here's how catalog discipline and gifting-calendar retention flows turned that rollercoaster into a dependable, repeatable number.

★★★★★5.0/5 8-month engagement Catalog ads + lifecycle flows
5.1x
steady ROAS held across catalog campaigns
+42%
lift in repeat purchase rate
6
gifting-occasion flows running year-round
Jewellery & Retail
Catalog Ads
Lifecycle & Retention
Client

Chandi Silver Co.

D2C silver jewellery brand, online-only

Starting point

Feast-or-famine ROAS

Static catalog, festival-only spikes, no repeat-purchase strategy

Engagement window

8 months

Ongoing performance + retention retainer

Services

Catalog Ads + CRM Flows

Feed rotation, gifting-calendar automation

The challenge

Great Festival Weeks, Forgettable Everything Else

Chandi Silver Co. had a genuinely good product and a catalog feed that hadn't changed in months — the same 40 hero SKUs shown to every audience, every week, all year. Around Rakhi or Diwali, ROAS would briefly touch 6x or 7x on the strength of pure seasonal intent, then collapse back toward break-even the moment the festival passed. Worse, first-time buyers rarely came back: there was no system reminding a customer who'd bought a gift for their sister at Rakhi that a birthday or anniversary was coming up next. Every month felt like starting from zero, and the brand had no way to tell whether its ad account was actually improving or simply riding the calendar.

2.8x avg non-festival ROAS,
before catalog and retention work began
01 — What we did

The Catalog Discipline & Retention Playbook We Ran

1Week 1–2

Catalog Audit & Segmentation

Split the feed into occasion-based sets — daily-wear, gifting, bridal-adjacent — instead of one static hero collection shown to everyone.

2Week 2–5

Weekly Catalog Rotation Testing

Rotated which SKU sets led each ad set on a weekly cycle, retiring underperformers and promoting winners based on ROAS, not gut feel.

3Month 2–3

Gifting-Calendar Mapping

Built a customer-level gifting calendar — Rakhi, anniversaries, birthdays, Diwali — using purchase history and self-reported relationship data.

4Month 3–4

Automated Retention Flows

Email and WhatsApp flows triggered ahead of each upcoming gifting date, surfacing relevant catalog sets before the customer started searching elsewhere.

5Month 4–6

Audience & Bid Structure Cleanup

Consolidated overlapping ad sets and rebuilt lookalike audiences off actual repeat buyers rather than first-time purchasers.

6Month 6–8

Steady-State Monitoring

Shifted reporting from "did this week spike" to rolling 4-week ROAS and repeat-rate trend lines, catching drift before it became a problem.

i

Consistency compounds; spikes don't. A steady 5.1x every month, month after month, delivers more predictable revenue than an 8x festival week followed by three flat ones — and it's far easier to plan inventory and cash flow around.

02 — Results

From Festival Spikes to a Dependable Number

Ad Efficiency
5.1x
steady ROAS held month over month

Catalog discipline and continuous rotation testing turned a feast-or-famine average of 2.8x into a dependable 5.1x, sustained across festival and non-festival months alike.

Retention
+42%
lift in repeat purchase rate

Gifting-calendar flows brought first-time buyers back for the next occasion in their life, instead of losing them after a single purchase.

Programme Scale
6
gifting-occasion flows live year-round

Rakhi, birthdays, anniversaries, Diwali, Karva Chauth and a general "just because" flow now run continuously, not just at festival time.

ROAS & Repeat Rate Trend
8 mo
Steady ROAS
5.1x
Repeat rate lift
+42%
Active flows
6
Catalog Set Performance
Live
Catalog setROAS
Everyday minimal silver3.4x 5.6x
Gifting & occasion sets4.0x 6.2x
Rakhi & sibling gifting4.6x 6.8x
Anniversary pairs2.9x 4.7x
Bridal-adjacent silver2.2x 3.9x
03 — In their words

What the Founder Says

★★★★★

"Anyone can show me a great week. What I actually needed was a number I could plan a business around. The steady 5.1x ROAS is the number that changed things for us — not a one-off spike we couldn't explain, but a result we could see holding month after month, festival or no festival. That's when I finally trusted the ad account enough to increase our budget."

MI
Meghna Iyer
Founder, Chandi Silver Co.
Methodology

ROAS is calculated as tracked ad platform revenue divided by ad spend, reconciled monthly against Shopify order data. Repeat purchase rate compares customers who ordered again within 12 months against a pre-engagement 12-month baseline. Figures reflect a rolling 4-week average rather than any single peak week.

Next Step

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