Monetization project | Nestasia - Nestasia | GrowthX
Monetization project | Nestasia
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Monetization project | Nestasia

What does Nestasia do?

Nestasia is a modern home and lifestyle brand that helps urban Indian consumers create beautiful, expressive spaces through thoughtfully designed, globally inspired products. Founded in 2019, the brand offers over 7,000 curated SKUs across categories like home décor, kitchenware, serveware, storage, and gifting.

What sets Nestasia apart is its focus on design-led curation, quality, emotional resonance, and accessibility. It caters to a growing segment of style-conscious, digitally active consumers, primarily women in metro cities


Core Offerings

Nestasia designs, curates, and retails a wide range of home and lifestyle products across:

  • Home décor (vases, trays, centerpieces, wall art etc.)
  • Serveware & kitchenware (ceramic dinner sets, platters, glassware etc.)
  • Storage & organization (baskets, boxes, drawer solutions etc.)
  • Soft Furnishings (throw,cushion, bed linen, rugs)
  • Gifting (pre-curated boxes for weddings, housewarmings, Diwali, etc.)
  • Newly Introduced Categories ( Bags, Jewellery, Car accessories , scarves )


Key Product Attributes

  • Design-Driven: Every product is crafted with a strong focus on aesthetics and global design sensibilities.
  • Category Breadth: Over 7,000 SKUs across decor, dining, kitchenware, and gifting.
  • Curated Experience: Collections are curated thoughtfully to match evolving lifestyles, trends, and occasions.
  • Gifting-Ready: Products are designed to be perfect for self-use and thoughtful gifting.
  • Premium Look & Feel, Accessible Pricing: Sophisticated design and high-quality finish without the heavy price tag.



What Problem are they solving

Urban Indian consumers, especially women in their 20s to 40s, want homes that reflect their evolving taste, lifestyle, and identity.


  • Lack of unique, design-led home products:
    Most mass-market options are generic, purely functional, and lack emotional or visual appeal.
  • Home decor is often expensive and inaccessible:
    Premium design brands price out a large section of aspirational, style-conscious buyers.
  • Evolving consumer taste not reflected in local markets:
    Urban Indians are influenced by global design trends but have limited access to products that match their aspirations in their budget.


In context of ICP's

Mani values her home deeply and takes pride in keeping it welcoming and presentable. But

  • Products feel uninspiring: Local markets are filled with mass-produced or overly traditional decor that lacks taste or modern appeal.
  • Quality vs. price : She wants products that are worth gifting and using during festivals, but premium brands feel too indulgent.
  • Overwhelmed by online options: Browsing online marketplaces is confusing — too many choices, zero styling help.


Priya is setting up a new life and home, emotionally invested, visually inspired, and socially influenced. But

  • Struggles to bring vision to life: Loves Pinterest and Instagram inspiration, but can’t find products that match her taste and budget.
  • Busy lifestyle: She doesn’t have time to curate every corner herself, she wants easy-to-style products.
  • Wants to show her personality through her space, but doesn’t want to splurge just to impress.


What Solution are they providing


  • Thoughtfully designed, globally inspired products that combine form, function, and emotion.
  • Bridging the gap between premium aesthetics and affordability.
  • Curated collections that reflect global trends but are adapted to Indian needs and occasions (Diwali, weddings, gifting moments).
  • Making home styling and gifting easy, emotional, and aspirational, without overwhelming price points.


In context of ICP's

For Mani:

  • Elegant products that feel premium enough for festivals or gifting, but still practical for everyday use.
  • Pre-curated collections that save her time and decision fatigue — whether she’s shopping for Diwali, a dinner party, or a gift for a wedding.
  • Emotional storytelling and thoughtful packaging that make her feel like she's giving something with meaning, not just buying a product.


For Priya:

  • Modern, globally inspired styles that match the taste she sees online — boho, minimal, warm, muted, aesthetic.
  • Affordable luxury — stylish decor without luxury pricing.
  • Quick styling wins: curated bundles, room ideas, and gifting sets so she can make her house look beautiful without stress or interior knowledge.



TLDR:

Nestasia solves for the modern Indian who wants to live (and gift) beautifully without paying luxury premiums or settling for dull, mass-market products.


Core Value Proposition

For modern Indian consumers who want to create aesthetically pleasing, meaningful, and high-quality home spaces, Nestasia is a home and lifestyle brand that offers thoughtfully designed, durable, and globally inspired products that elevate everyday living, bridging the gap between premium design and accessible pricing.


Understanding Nestasia's ICP


Criteria

ICP 1

ICP 2

ICP 3

ICP 4

ICP 5

Name

Mani

Priya

Namrata

Arjun

Prachi

Age

45

27

38

32

25

Gender

Female

Female

Female

Male

Female

Marital Status

Married

Recently Married

Married

Single

Single

Have Kids?

Yes

No

Yes

No

No

Monthly Income

1.5 lakh (Household)

90,000/month

80,000+/month

2 Lakh/month

60,000/month

Location

Delhi (Tier 1)

Banglore (Tier 1)

Jaipur (Tier 2)

Banglore (Tier 1)

Mumbai (Tier 1)

Occupation

Homemaker

IT Consultant

Boutique Owner

Interior Designer

Visual Designer

Interests & Hobbies

Cooking, Workout, Jogging, Gardening, Reading

Travel, Online Shopping, Home styling,

Hosting, festival planning, shopping, crafts

Art, Photography, Travel, Reading, Workout

Photography, Traveling , Workout, Going Out

Most Used Apps

Blinkit, Insta ,Youtube , Whatsapp,

Insta, Blinkit, Zomato, Spotify, Whatsapp, Gmail, Nykaa

Instagram, WhatsApp, Amazon, Nykaa

Instagram, Pinterest, Zomato,

Pinterest, Instagram, Youtube, Snapchat, Chatgpt, Swiggy, Meesho, OLA

Primary Shopping Categories

Grocery, Clothing , Home Accessories, Cosmetics

Cosmetics, Home Accessories, Clothing

decor, trays, hampers, dining accessories, Clothing

Centerpieces, vases, organizers, office decor

Clothing, Accessories, Cosmetics/Skincare, Grocery, Home Decor, Lightings, Planters, Flowers

Pages Followed on Instagram

ElleDecor, LBB, IKEA India, FabIndia, Bollywood Actresses ,GoodEarth

Home styling pages, Fashion Inspiration pages, Travel Pages, Makeup and skincare brands

Designer Fashion Brands, Fashion Designers, Bollywood Celebrities, Craftmanship Videos

Interior Styling and Trends, Music Artists, Photography Pages, Home furnishing brands, Fitness influencers

Animal Videos , Memes, Home Styling , Personal Styling

Shopping Device

Mobile

Mobile & Laptop

Mobile

Mobile, Ipad & Laptop

Mobile

Aesthetic Sensibility

Above Average

Medium

Above Average

High

High

Home Ownership/Renting

Owned

Rented

Owned

Owned

Rented

Content Consumption Style

Reels, Blogs, Series, Stories

Reels , Stories, Carousels

Reels, Youtube, Stories,

Reels, Blogs , Youtube + shorts, Static Posts-

Reels, Youtube , Blogs

Outside Purchase Approver/Influencer

Husband, Children

Husband, Friends

Husband

None

Friends, Flatmates

Need

Enhancing comfort & aesthetics at home

Set up a beautiful yet functional rented home

Celebrate festivals with elegant, expressive home setups

Find well-designed, unique products for personal

Style her rental space with trendy, vibey decor on a budget

Pain Point

Limited availability of high-utility + aesthetic products in one place

Low trust in quality of aesthetic yet affordable decor

Difficulty finding locally relevant, festive decor that's unique

Limited discovery of aesthetic

Trendy items are mostly expensive

Websites other than Nestasia for Home Decor shopping

Pepperfry, Urban Ladder, Home Centre

The June Shop, Amazon, IKEA, Home Centre, Flipkart

Pepperfry, Amazon, Local Boutiques

IKEA, Elementry, Local Designer Studios,

IKEA, Meesho, Amazon, Flipkart

Frequency of use case

Every 6–8 weeks

Every 4–6 weeks

Every 16–18 weeks

Every 6–8 weeks

Every 6–8 weeks


Most important ICPs

ICP 1 – Mani (Homemaker, 45, Tier 1 City like Delhi)

About Mani

Mani is a 45-year-old homemaker from a Tier 1 city like Delhi. She manages her household with care and attention, often making purchasing decisions for the entire family. With a strong appreciation for quality and tasteful design, Mani values products that are both functional and elegant. Her aesthetic sensibility is shaped by brands like GoodEarth and FabIndia, and she finds inspiration from YouTube, blogs, and WhatsApp recommendations. Though she’s not active online, she deeply trusts what she sees and hears within her close-knit circles. Mani doesn’t shop frequently, but when she does, she makes thoughtful, high-ticket purchases—especially around festive seasons, weddings, or when upgrading her home. She is a loyal customer type who seeks lasting value, and her decisions are often influenced by her husband and children.


High Adoption Rate

She relates instantly to home decor.

High Appetite to Pay

Likely has household budget control and prefers quality.

Moderate Frequency

Doesn’t shop every week, but makes repeat purchases for home/family.

Moderate Distribution Potential

May not post online, but recommends within her circle.

High TAM

Large, mature buyer segment with strong intent.

Strategic Role: Revenue driver – big-ticket purchases, high AOV, and loyalty.


ICP 2 – Priya (Newly Married, Urban Working Woman)

About Priya

Priya is a 27-year-old IT consultant from Bangalore, recently married and in the exciting phase of setting up her first home. She actively browses Pinterest, Instagram Reels, and styling pages, always on the lookout for ways to make her space more personal and aesthetically appealing. With a moderate income and a growing appetite for tasteful, functional decor, Priya is a frequent shopper who balances style with affordability. She loves discovering and sharing products online, often influencing her friends and flatmates with her finds. Her shopping journey starts on Instagram, continues through reviews and stories, and often ends with a saved product becoming a real purchase. For brands, Priya is a powerful reach driver, a digitally native consumer who helps spread brand love through every room she styles and every story she posts.


High Adoption Rate

She’s in the homemaking/setup phase.

Moderate Appetite to Pay

Cautious, but will spend for aesthetics + function.

High Frequency

Regular browsing and buying behavior.

High Distribution Potential

Active on Instagram, shares finds, influences peers.

Moderate TAM

Small today, but high growth potential.

Strategic Role: Reach driver – builds brand love, influences her tribe, shares her purchases.























Monetization Campaigns for Nestasia

Focus: Upsell + Cross-sell


Experiment 1


Upsell Campaign

Goal: Upgrade from entry products to higher-value variants / sets


Examples:

-User adds single jar (349) -- Prompt Set of 3 with airtight lids (899)

-User adds basic ceramic planter (499) -- Suggest designer embossed variant (799)

-User adds cotton table mat (299) -- Suggest woven jute + cotton set of 4 (1099)

-User adds 1 cushion cover (299) -- Suggest combo set of 2 (699)


Target Users:

-Cart value under 1500

-Users who add single units


User Journey

Stage

Touchpoint

Message + Hook

PDP

Below product price

“Most people buy the 3-piece set for better value . Just 399 more”

Variant Dropdown

Highlight upgraded version

“Upgrade to premium finish”

Cart Page

Inline prompt with image comparison

“Get the full look with this upgraded set (Save 10%)”

Checkout Page

Visual before final payment

“Upgrade this item to unlock 150 cashback”

Post-Purchase Email

If base version purchased

“Your pick was great, want to swap for the bestseller? Here’s 10% off.”

Messaging Framework

Theme

Messaging

Product Value

“Smart shoppers choose sets better design, better savings.”

Trust Building

“Loved by 15,000+ homes our upgraded sets are customer favorites.”

Differentiation

“Not just more pieces. a more elevated experience.”

Emotional Hook

“Your home reflects your taste. Make it truly yours with the better version.”

FOMO Trigger

“This upgraded version sells out every 10 days. Don’t miss it.”

Experiment 2


Cross-Sell Campaign

Goal: Encourage customers to add complementary products from other categories to complete a room, corner, or occasion look.


Examples:

-User adds planter (599) -- Suggest boho macramé hanger (499) or decorative wall hook (399)

-User adds glass dinner set (1499) -- Recommend cutlery set (799) + runner (599) for a dining table look

-User adds bathroom storage basket (699) -- Suggest soap dispenser (499) + matching toothbrush holder (399)

-User adds diffuser (999) -- Recommend tray (699) + faux plant (499) to complete a calming decor setup


Target Users:

-Cart value under 1000 - 3000

-Browsing across multiple categories

-High-intent users


User Journey

StageTouchpointMessage + Hook

PDP

“Complete the Look” widget below product

“Style this corner right , pair it with our bestselling hooks & faux plants.”

Cart Page

Visual recommendation row

“Add these 2 favorites to complete your table setup , just 1099 extra.”

Checkout Page

Cross-sell nudges + limited-time label

“Popular combo! Add these for a complete look & get 200 off your next order.”

Post-Purchase Email

Triggered 3 days after order

“Your setup looks stunning! Want to complete the look? Take 10% off your add-ons.”

WhatsApp Reminder

Sent 5 days after delivery

“Customers who bought this also loved these pairings. Tap to shop the set ”

Messaging Framework

ThemeMessaging

Product Value

“Don’t just buy. Style it right with handpicked pairings that elevate your space.”

Trust Building

“Join 100,000+ Indian homes styling their spaces with curated combos.”

Differentiation

“Not just matching. Thoughtfully styled to create aesthetic harmony.”

Emotional Hook

“Your corner deserves attention. Make it Pinterest-worthy.”

FOMO Trigger

“These look combos sell out quickly, don’t miss styling your space right.”


Experiment 3


Upsell Campaign

Goal: Encourage users who add single-use / small utility items to upgrade to value sets or multi-packs, boosting AOV while aligning with frugal yet style-conscious buyer behavior.


Examples:

-User adds 1 oil dispenser (349) -- Suggest set of 2 (699) or glass + ceramic combo (999)

-User adds 1 spice jar (199) -- Recommend set of 6 in a bamboo tray (1099)

-User adds 1 storage basket (499) -- Suggest set of 3 nesting baskets (1,299)

-User adds 1 kitchen towel (249) -- Upsell to set of 3 with mixed prints (599)

-User adds 1 organiser box (399) -- Prompt for buy 2, get 10% off combo


Target Users:

-Cart value under 2000

-Users purchasing organisational or utility categories


User Journey

StageTouchpointMessage + Hook

PDP

Below product price

“Why buy one? Get 2 & save 100, perfect for everyday use.”

Cart Page

Visual set upgrade prompt

“Customers usually buy the full set of 6 , save 15%."

Checkout Page

Last-minute upsell bar

“Add 299 more for the full set , unlock free delivery & save more.”

Post-Purchase Email

If user bought single utility item

“Loved it? Get the full set at 10% off while it lasts.”

Messaging Framework

ThemeMessaging

Product Value

“Get more. Use more. Spend less, with full sets made for everyday living.”

Trust Building

“20,000+ customers choose our value packs to simplify their homes beautifully.”

Differentiation

“Functional never looked this good,designed to work harder and look better.”

Emotional Hook

“You’re building a home. we make sure it feels complete.”

FOMO Trigger

“Our value sets sell out quickly, restocks take 3 weeks.”



















































Substitute Pricing


Here’s how Nestasia compares to substitutes in the home decor / home gifting space:


Brand

Visual Appeal

Ready-to-Gift

Avg. Pricing ( estimate )

Range Flexibility

Core Users

Trust / Quality

Category Breadth

Category Depth

Nestasia

High

Yes

₹500–₹2,500

Medium–High

Urban women (25–40), gift-focused buyers

High

Medium–High

Medium

Vaaree

Medium–High

Yes (select SKUs)

₹300–₹2,000

Medium

Young homeowners, urban online shoppers

Medium

High

Medium

IKEA (India)

Medium–High

No

₹200–₹3,000+

High

Function-first buyers, urban families

High (global trust)

Very High

High

The Decor Kart

High

Yes

₹800–₹3,500+

Low–Medium

Boutique decor lovers, aesthetic-first buyers

Medium

Low-Medium

Medium

Chumbak

High (quirky)

Yes

₹500–₹2,000

Medium

Gen Z / Millennial urban users

Medium–High (for design)

Medium

Low

Home Centre

Medium–High

Yes (bundles)

₹500–₹3,000

High

Upper Middle-income families

High

Medium–High

High

Meesho

Low

No

₹100–₹800

Very High

Budget-first, value hunters

Low (inconsistent) (marketplace)

Very High

Medium

Whispering Homes

High

Yes (luxury focus)

₹1,500–₹5,000+

Low

Premium home styling, luxury decor buyers

High

Low-Medium

Medium

West Elm / Pottery Barn

High

Yes (select SKUs)

₹2,000–₹5,000+

Low

High-income lifestyle buyers

High (global trust) (High perceived value)

Medium

Low

Amazon Basics / Flipkart

Low

No

₹300–₹1,000

High

Mass market, utility

Low-Medium (inconsistent) (marketplace)

Very High

Very High

Pepperfry Decor

Medium

No

₹800–₹3,000

Medium

Urban professionals/homeowners

Medium–High

High

High

Local Market

Low-Medium

No

₹200–₹800

Low

Budget shoppers

Low / inconsistent

Medium

Medium


What are your customers paying for?

Nestasia customers are paying for:


1.Aesthetic Design & Styling

-Products that look “Pinterest-worthy” without being overpriced

-Unique color palettes, shapes, and finishes not easily found in local markets or on Amazon

-A well-styled home, room, or gifting setup that looks cohesive


2.Curated Collection

-Products are often bundled, coordinated, and styled in collections

-Takes the guesswork out of mixing and matching. saving effort and time

-Gifting options that come pre-combined, packaged, and seasonally themed


3.Trust in Quality & Brand

-Visual consistency, materials that match expectation, and reduced risk of “what I got vs. what I saw” disappointment

-Branded packaging, shipping experience, and return assurance adds perceived value


4.Mid-Premium Affordability

-Customers feel they’re getting “a boutique look” at a reasonable price

-Emotionally satisfying purchases without the guilt of spending too much



How does your product stand out?


Feature

Why It Matters

Aesthetic / visual appeal

Core emotional trigger; buyers pay for looks

Curated bundles

Save time & styling effort

Gift readiness

Users value beautiful packaging / combo logic

Consistency in quality

vs. hit-or-miss of local markets or Amazon

Gifting inspiration

Social proof & gifting confidence


How do you position your product?


Positioning Dimension

Nestasia’s Positioning Statement

Rationale

Category

Design-led home & lifestyle brand focused on everyday utility and gifting

Not just decor. but functional items with a strong visual identity

Core Value Proposition

Aesthetic everyday products that make your home and gifts look premium, without the premium price

Mass-premium positioning: stylish but not intimidating, thoughtful but not costly

Target Customer

Urban women (25–40), young homeowners, gifting buyers, decor-conscious couples

High visual taste, mid-high income, often purchasing for both self and others

Emotional Positioning

“Make everyday beautiful”

you deserve a home that reflects your taste and effort

Empowers pride in hosting, gifting, and personal space, everyday design made easy

Price Positioning

Mid-premium, above Amazon/pepperfry/Ikea/meesho, below The Decor Kart/West Elm, Similar to Homecentre

Encourages perception of value-for-money while feeling boutique

Functional Differentiator

Curated sets, gifting combos, “complete-the-look” styling ideas

Easier to buy, easier to style , adds convenience and confidence at point-of-sale

Experience Differentiator

Consistent photography, packaging, and delivery feel

Creates trust and repeatability,superior to unbranded or unstructured alternatives

Competitive Edge

Combines design + trust + gifting-readiness in a single platform

Most brands offer 1–2 of these, rarely all three in an accessible format

Brand Personality

Stylish, warm, trustworthy, thoughtful

Feels like a friend who has great taste and helps you express yours





















Monetization design


Casual/Core/Power Segmentation


CategoryCasual UserCore UserPower User

Natural Frequency of purchase

Bi Annually

Quarterly

Monthly

last time visited the site?

Within last 3 months

Within last month

In the last 7 days

How many purchases made?

1 time or impulse

2–4 purchases

5+ purchases, across categories

Wishlist/Add-to-Cart usage

Rarely uses cart

Saves items during sale events or occasions

Regularly adds to cart, uses wishlist actively

Time spent per session

less than 2 min, browses few SKUs

5–10 min, explores multiple categories

10+ min, dives deep into collections and videos

Monthly budget for decor/gifting

500k–1500k

1500k–4000k

4000k

Preferred Use Case

Essentials/gifting

New home setup, styling flat

Seasonally updates decor, gift planner

Engagement with features

Rarely watches videos or reads guides

Uses “Shop by Video”, browses bestsellers

Engages with videos, follows brand pages, joins newsletters

Pain Point

Pricing, shipping time, trust

Gifting clarity, curation, designs

Desire for personalization, Curated collection, Designs

Primary Categories Explored

Essentials Furnishings

Gifting, Everyday Living

Everyday Living, Decorative categories, Gifting

Average Order Value

less than 1k

1k to 3k

more than 3k


Why RFM? RFM segmentation helps identify which users are most ready to be monetized based on

  • Recency: How recently they engaged with the platform
  • Frequency: How often they purchase
  • Monetary: How much they spend


Who to Monetize (and Why)


Segment

% of Users ( estimated )

Days Since Last Purchase

Purchase Frequency/year

Avg. Spend/Month

Ad Engagement

Why / Why Not

Champions

10%

1–7 days

6–10

5,000+

High (click & convert)

Highest LTV. Monetize with exclusive drops, credits, style club, early access, and gifting tiers

Loyal Customers

15%

8–14 days

3–5

3,000–5,000

Moderate

Habitual buyers who are upsell-ready. Offer subscriptions, styling kits, loyalty incentives

Potential Loyalists

20%

15–21 days

2–4

2,000–4,000

Moderate

Still developing loyalty. Convert with bundle discounts, gifting nudges, FOMO-based drop

New Users

10%

1–7 days (new)

0–1

300–1,000

High

Needs nurturing via storytelling, gifting guides, and post-purchase triggers

Promising

15%

8–14 days

1-2

1,000–2,000

Low

Still unfamiliar with brand. Prioritize brand onboarding over pricing

Needs Attention

10%

15–30 days

1-2

500–1,000

Low

Mild churn risk. Focus on reactivation via personalized bundles and visuals

Can’t Lose Them

5%

15–30 days (high AOV)

1-2

3,000+

High

Price may push them further away. Try soft reactivation (lookbooks, credit incentives)

At Risk

5%

60–90 days

0–1

0–500

Very Low

High churn risk. Do not charge. Use personalization, reactivation bundles, early loyalty revival

Hibernating

5%

90+ days

0–1

0–500

None

Not worth monetizing now. Try display remarketing, gifting retargeting, festive comeback offers

About to Sleep

5%

120+ days

0–1

0–500

None

Test FOMO-based nudges or price drop alerts. Not ideal for monetization yet


Monetize the Top 3 Segments


Segment

Why Monetize?

Champions

High recency, frequency, and spend. Power users who shop monthly or seasonally.

Loyal Customers

Strong engagement and repeat orders (quarterly/festive). Trust already built.

Potential Loyalists

On the verge of loyalty. Strong response to bundles, sales, and curated drops.

These users are least likely to churn and most willing to pay for value-added experiences.






What Creates Value for Nestasia Users?


Goal Priority

Goal Type

JTBD

ICP 1 - Mani



Primary

Personal Goal

Elevate the aesthetic appeal of her home to reflect her sense of taste and feel proud of her space.

Secondary

Functional Goal

Buy durable, coordinated home accessories for her new rented flat, without spending too much time or effort.

ICP 2 - Priya



Primary

Functional Goal

Buy well priced, aesthetic products for her new rented apartment setup that feel cohesive and stylish.

Secondary

Personal Goal

Build a space that feels like ‘her own’ as she begins a new chapter post marriage

Personal Value Propositions

User Benefit

Aesthetic uplift for home

Helps users feel proud of their home space; aligns with self-expression and taste

Emotional gifting experience

Makes the giver feel thoughtful, stylish, and socially appreciated

Social recognition

Products are “Instagrammable” and get compliments from guests/friends

Lifestyle alignment

Users feel they’re living a better, more organized, or elevated lifestyle

Visual satisfaction

Users derive daily happiness from how good their space looks (micro joy moments)

Pride of curation

Users feel smart/savvy when they find well-designed items at accessible prices

Functional Value Propositions

User Benefit

Curation

Saves time, Easy browsing

One-stop shop

Don't need to browse 5 sites to find matching decor or gifting options

Easy gifting

Pre-packed, ready-to-gift combos = less effort

Quality assurance/ Product Predictability

Trusted packaging & finish = no surprises like random sellers

Multi-category depth

Allows users to shop across decor, serveware, storage, kitchen, and gifting without switching platforms

Value Across the User Journey


Stage

Aha Moment

Customer ScenarioPerceived Value Gained

Perceived Value vs Price

When to Charge

First Unboxing

“This looks exactly like the photos!”

First-time buyer opens package and sees quality, finish, and visual accuracy

Trust in brand, confidence to repurchase, “what I saw is what I got”

High PV > PP

Post first delivery

Effortless Gifting

"Wow, This was a very convenient gifting option" or "I found a great gifting option for 1000"

Gifter buys a product that looks premium and is appreciated by the recipient

Easy, classy gifting = social win without effort

High PV > PP

After first successful gifting experience

Multi-Category Use

“My home/gifting is evolving through this one brand”

Buys from multiple verticals & experiences visual harmony across spaces

rust that any category from Nestasia will be consistent in quality, style, and delivery. Saves effort across occasions, spaces, and needs.

High PV > PP

After the user completes purchases across 2+ categories

Styling Use

“It matched my Pinterest moodboard”

Buyer styles a shelf or table, and it looks exactly like visual inspiration

Boosts styling confidence

High PV > PP

Offer curated room drops, premium styling access

Budget Win

“Even at 499 it feels expensive”

Entry-level buyer orders something small but is surprised by finish & feel

Trust that even low priced items are not cheap quality, and a high quality standard is maintained throughout range

High PV > PP

Light nudges for next purchase



Conclusion: When to Charge?

Charge when:

-Users have seen how your product beautifies their life/living

-They've experienced at least one 'happy moment'

-They believe they’d have to spend more time/money/effort to achieve the same result elsewhere











Core Value Proposition

For modern Indian consumers who want to create aesthetically pleasing, meaningful, and high-quality home spaces, Nestasia is a home and lifestyle brand that offers thoughtfully designed, durable, and globally inspired products that elevate everyday living, bridging the gap between premium design and accessible pricing.


Value ElementWhy It Matters

Design + Curation

Users love how Nestasia products look cohesive, aesthetic, and thoughtfully styled

Effortless Gifting

Convenience of ready-to-gift products that look premium and are well packaged

Taste Simplification

Users feel confident that they’re choosing items that “work together”

Trust + Predictability

Unlike marketplaces, what users see is what they get ,no disappointment

What Should Nestasia Charge For?

Based on perceived value and use-case behavior, Nestasia should not just charge for a product, but for the role it plays in styling, gifting, and simplifying decisions.


Which Pricing Model Works for Nestasia?


ModelFit for Nestasia?Why

Time

Not relevant

-

Output

Yes

Core model, users pay per product they buy (decor, utility, gifting)

Access

Yes (for premium)

Charge for access to curated styling collections, early launches, gifting concierge

Shareability

Not relevant

-

Final Strategy for Nestasia


What You're Charging ForWhy Users Would PayCurrency TypeHow to Monetize It

Beautiful, high-quality products

Functional + aesthetic payoff (looks great, works well) ,the product is the value

Output - Primary

Per product pricing (core model)

Tasteful gifting that’s effortless

Removes friction, looks premium, earns compliments

Output

Slight premium on gifting SKUs (100–200 over base product for packaging + tagging)

Visual trust + predictability

People pay to not be disappointed. In decor, this is rare

Output

Reflect this in product pricing ,don’t discount heavily, preserve perceived quality

Time-saving curation for festivals / events

Users don’t want to browse endlessly, especially during Diwali, weddings, or new home setups

Output/Access

Offer limited-time Festive Styling Packs ,access curated themes for a price

More personal gifting

When Nestasia products feel more “seen” and desirable, it creates willingness to pay for presentation

Output

Premium packaging add-ons (99–149), optional gifting note cards













Strategy 1

Effort-Saving Value Pricing

Based on “value of time/mental effort saved” (like gifting without thinking)


Assumption

-Estimated value of 30 mins saved: 500 (for working professionals)

-Willingness to pay = 1/10th --rs50

-Add perceived product value (900 aesthetic perception)

Example:

Metric

Value

COGS

350

Perceived value saved

500–900

Suggested price (rounded)

999

Gross Margin

(999–350)/999 =

65%

Pros:

  • Good for ready-to-gift SKUs and first-time shoppers
  • Balanced price: not too cheap, not premium
  • Can be scaled for festive packs and curated combos


Strategy 2

Lifestyle Value Pricing

Based on perceived emotional, social, and visual value


Assumption

-Perceived emotional value = 2,000+

-Product feels like a 3K item (e.g. looks like a West Elm or Nicobar product)

-Customer willing to pay 1,699–2,499

Example:

Metric

Value


COGS

350–500

Target price

1,699–2,499

Gross Margin

72–80%

Pros:

  • High perceived value at low COGS = great margin
  • Use for hero products, limited editions, influencer-driven launches


Strategy 2

Occasion-Based Pricing Strategy

Charge based on occasion urgency + emotional context - not just product


Customers buy Nestasia during emotionally charged occasions , Diwali, birthdays, weddings, housewarmings.
You charge more because:

-Customers are more willing to spend without overthinking

-They prioritize aesthetic impact + convenience over price

You’re not pricing the jar or candle , you’re pricing the “perfect Diwali-ready gift” or the “no-brainer housewarming hero.”


Example:

Product

COGS

Occasion Premium Add-on

Final Price

Margin

Serveware Gift Set (Festive)

500

400 (curation + packaging)

1,499

67%

Candle Combo (Wedding)

300

200

999

70%

Home Styling Set (New Home)

800

700

2,499

68%

Pros:

  • Creates urgency = users less price sensitive
  • Drives higher AOV without feeling pushy
  • Emotion = high perceived value = higher margin accepted



Conclusion

Core Product Pricing Should Follow These 3 Strategies:


StrategyWhat You're Charging ForWhen to UsePrice Range

Effort-Saving Value

The mental load saved from gifting/styling decisions

First-time buyers, gifting combos, curated essentials

699 –1,499

Lifestyle Perception

The emotional and visual payoff, how it makes the space look and the user feel

Signature decor SKUs, Instagrammable, influencer pieces

1,299 – 2,499

Occasion-Based Premium

The emotional urgency

and “event-fit” for gifting, celebrations, home makeovers

Diwali, weddings, new home, birthdays, seasonal campaigns

999 – 2,999



























Pricing Page

(Understand the existing user discovery flow for pricing and try to understand why things are being done they are currently)


Pricing Page Design

(Step 1 - Analyze the existing pricing page objectively)

(Step 2 -Re-design the Pricing Page)

(Step 3- Add reasoning for the same)


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