Anveshan Achieves 13X WhatsApp ROI with Netcore's AI Propensity Model
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SUCCESS STORY Ecommerce

How Anveshan Achieved a 13X WhatsApp ROI with Netcore's AI Propensity Model

13X
WhatsApp ROI
vs. 7X from manual campaigns
+94%
Conversion Rate Uplift
0.62% vs 0.32%
+103%
Revenue per Click
Propensity vs legacy
3.5X
Revenue per Send
More profitable per message

Anveshan is a premium D2C brand in the health and nutrition space, running high-frequency WhatsApp marketing campaigns to drive conversions across its customer base. WhatsApp had already established itself as a high-performing channel for the brand but growth had reached a ceiling, and the traditional segmentation approach offered no clear path to push past it.

In March 2026, Netcore deployed its AI-powered Propensity Model across four targeted WhatsApp campaigns. By scoring users on predicted behaviour and targeting only those with the highest likelihood of engaging and converting, the model broke through the 7X ROI ceiling delivering a historic 13X ROI across just four campaigns, benchmarked against 1,117 legacy campaigns run over the previous 12 months.

The core shift: from broad send volumes to surgical, intent-driven targeting; turning WhatsApp’s high cost into a high-efficiency advantage.

About Anveshan

Anveshan is a fast-growing D2C brand focused on pure, traditionally processed foods and health nutrition products – ghee, honey, cold-pressed oils, and more. Built on a commitment to quality and transparency, the brand has cultivated a loyal customer base that responds strongly to direct communication channels.

WhatsApp sits at the centre of Anveshan’s marketing mix. It is the brand’s highest-converting channel – but also its most expensive to operate. Every message carries a direct cost, making it critical that sends reach users who are genuinely ready to engage and purchase, not just those who are on the list.

Business Context

  • Premium D2C brand in health and nutrition – ghee, honey, cold-pressed oils
  • Loyal, engaged customer base with strong affinity for the brand’s values
  • WhatsApp as the primary direct marketing and conversion channel
  • High send frequency – 1,117 campaigns sent in the 12 months prior to this rollout
Marketing Challenge Context

  • ROI had plateaued at 7X despite consistent send volumes and good engagement
  • No predictive layer to distinguish high-intent users from passive list members
  • WhatsApp cost structure means every low-intent send is a tangible budget loss
  • Goal: identify the ceiling and build a model to push past it

Industry Context

Anveshan operates in India’s fast-growing D2C health-and-nutrition category, where consumers are increasingly moving away from mass-market packaged staples toward brands built on traceable sourcing and minimal processing – ghee, honey, and cold-pressed oils among them. This segment competes less on price and more on trust, which makes direct, high-affinity channels like WhatsApp disproportionately important: it is where these brands can reinforce provenance and quality story with an already-engaged audience. As the category matures, the brands pulling ahead are the ones that combine that trust-led positioning with more precise, data-driven engagement rather than simply increasing send volumes.

Anveshan had built strong WhatsApp marketing momentum – high volumes, consistent engagement, and a 7X ROI that outperformed most channels. But the ceiling was real and visible, and the existing approach offered no mechanism to break through it.

The ROI Ceiling

  • Seven times return on investment is a strong result by any benchmark – but Anveshan’s team could see that performance had stabilised and was not trending upward
  • With traditional audience segmentation, all users on the list received the same message regardless of their current intent or readiness to purchase
  • There was no way to distinguish a user who was about to buy from one who had simply not opted out – both received the same spend

The WhatsApp Cost Problem

  • WhatsApp is one of the highest-converting channels available – but it is also one of the most expensive to run, with a direct cost attached to every message sent
  • Broad sends to the full audience meant a significant portion of budget was spent on users who would not open, click, or convert
  • Unlike email, where the marginal cost of an extra send is near-zero, WhatsApp makes every low-intent send a real and measurable cost to the business
  • The challenge was not volume – it was precision: how to concentrate spend only where it would generate a return

Netcore deployed its AI-powered Propensity Model – a machine-learning system that scores every user in the audience on their predicted behaviour before a single message is sent. Rather than broadcasting to the full list, the model identifies a high-intent cohort: users with the highest combined probability of engaging and converting.

The Two Predictive Signals

Likely to Open

  • Identifies users with the highest brand affinity and engagement history
  • Ideal for re-activating loyal customers and brand enthusiasts
  • Campaign #1315 achieved a 67.20% open rate using this signal – the highest engagement result of the entire rollout
Likely to Click

  • Identifies users with active purchase intent and peak readiness to act
  • Targets those most likely to move from message to transaction
  • Campaign #1326 achieved a 7.12% click-through rate and generated the highest revenue of the four campaigns

The Two-Phase Rollout

The model was deployed in two deliberate phases to validate performance before scaling:

Phase 1 – Proof of Concept (March 12)

Campaigns #1315 and #1316 launched as an initial test. An unexpected Meta platform issue limited the total reach, but the targeting precision was so high that the constrained send still delivered strong immediate ROI – validating the model immediately and prompting the client to request a rapid second phase.

Phase 2 – Rapid Scale (March 13)

Campaigns #1326 and #1327 targeted a fresh batch of untapped users (Phase 1 audience excluded to ensure new reach). With the Meta issue resolved, the model scaled successfully – multiplying revenue exponentially and confirming that the Phase 1 result was not an anomaly but a repeatable outcome.

Four campaigns. 0.33% of annual send volume. Benchmarked against 1,117 legacy campaigns sent over the previous 12 months.

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The Propensity Model delivered a 13X return on investment – a milestone figure that had never been achieved in Anveshan’s prior marketing history. Broken down by targeting signal:

13X

Combined ROI across all four propensity campaigns

16X

ROI from Likely to Click campaigns (#1316, #1326)

10X

ROI from Likely to Open campaigns (#1315, #1327)

For context: Anveshan’s legacy manual segmentation campaigns delivered a 7X ROI. The propensity model delivered approximately 1.8X higher return – while using a fraction of the send volume.

Full Performance Benchmarking vs Legacy

When benchmarked against 1,117 legacy BAU campaigns sent over the previous 12 months, the Propensity Model demonstrated significant improvement across every metric in the funnel:

MetricLegacy BAU
(1,117 campaigns)
Propensity Model
(4 campaigns)
Improvement
Delivery Rate48.76%64.99%+33.28%
Open Rate59.39%60.83%+2.42%
Click-Through Rate4.71%6.05%+28.45%
Conversion Rate0.32%0.62%+93.75%
Avg. Order ValueBaselineHigher+37.04%
Revenue per ClickBaselineHigher+103.39%
Revenue per SendBaseline3.5X3.5X more profitable

 

The most significant delta is at the bottom of the funnel. The Propensity Model does not just improve engagement – it fundamentally changes the quality of users who convert, and how much they spend when they do.

This means Anveshan can now achieve more revenue with fewer sends – reducing cost while increasing return. The ceiling that existed under the legacy approach is not just broken. It has been replaced with a fundamentally better model.

The WhatsApp Cost Question – Answered

The revenue-per-send metric directly addresses the cost challenge that made the status quo unsustainable:

  • Legacy strategy: 4.42 revenue units generated per message sent
  • Propensity Model: 15.79 revenue units generated per message sent
  • Result: the model is 3.5X more profitable on a per-message basis – transforming WhatsApp from a high-cost channel into a demonstrably high-efficiency one

Campaigns that stood out

Campaign #1326 – Predictive Click, Scaled: The blockbuster performer of the rollout. Highest click rate of the cohort at 7.12% and the single highest revenue contribution across all four campaigns. Demonstrated that the model scales without losing precision.

Campaign #1315 – Predictive Open, Initial: Achieved the highest open rate of the cohort at 67.20% – effectively re-engaging Anveshan’s most loyal brand followers. Even under Phase 1 constraints, it validated the targeting signal immediately.

Campaign #1316 – Predictive Click, Initial: Secured an elite conversion rate of 0.65% – the strongest conversion result in the cohort. Demonstrated the quality of the click-intent signal even in the proof-of-concept phase.

Campaign #1327 – Predictive Open, Scaled: Overcame a delivery challenge (56.10% delivery rate) to still generate significant revenue – demonstrating that even partial reach from a precision cohort outperforms broad reach from a generic list.

The March 2026 rollout established a new baseline for what Anveshan’s WhatsApp channel can deliver. The propensity model is not a one-time intervention – it is a repeatable, scalable framework that improves as more data is added. The roadmap ahead:

Near-Term

  • Expand propensity model deployment across Anveshan’s full WhatsApp campaign calendar, not just targeted rollouts
  • Add the Purchase Propensity signal (28-day conversion probability) as a third targeting layer alongside Open and Click
  • Build tighter audience exclusion logic to prevent overlap between cohorts and maximise fresh reach per phase

Strategic Horizon

  • Direct revenue attribution – connecting every propensity-driven send to a measurable revenue outcome to build a full ROI model
  • Extend the predictive framework to other high-cost channels where precision targeting would deliver similar efficiency gains
  • Combine propensity signals with product affinity data to personalise message content, not just audience selection

The Anveshan story is not about sending less. It’s about sending smarter.

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