Case Study

$50M in Ad Spend as a Solo CEO

Click Then Convert2015 to 2024Closed (pivoted to GTMVP)

$50M+

Lifetime Spend

3.2x

Avg ROAS

100+

Clients

40%

Avg CPA Reduction

The Story

Steve Kaplan ran Click Then Convert as a solo founder and CEO for 10 years. No partners. No investors. No employees for most of the run. One person managing the entire client portfolio, from strategy to execution to reporting.

$50M+ in lifetime managed ad spend. Peak months over $2M. 100+ clients across D2C brands, B2B SaaS, and B2B services. 3.2x average ROAS and 40% average CPA reduction. Google Partner, Facebook Blueprint Certified, Klaviyo Partner.

What Made It Work

Solo operator model

No account managers. No junior staff learning on client budgets. Every client got Steve directly. This is the same model GTMVP runs today.

Attribution obsession

Every dollar of spend was connected to a revenue outcome. Not impressions. Not engagement. Revenue. This discipline at 100+ clients over 10 years built the instinct Steve brings to every audit.

CPA reduction first

Most agencies optimize for ROAS alone. Steve optimized for CPA reduction first, making ROAS improvements sustainable. The 40% average was the median, not a cherry-picked stat.

Platform diversity early

By 2020 most clients ran Meta + Google + Klaviyo as an integrated stack. When iOS 14.5 broke attribution, Steve's clients were less exposed because they had diversified spend and server-side tracking.

Why It Closed

Steve did not shut down because of failure. He shut down because the market changed. AI and automation became the higher-leverage play. Running ads manually for 100 clients was the old model. Building systems that run themselves is the new one. GTMVP Inc is the evolution.

The Evolution

Click Then ConvertGTMVP
Run ads for clientsBuild the systems that run ads
Optimize CPA manuallyAutomate optimization loops
Monthly reportingReal-time executive dashboards
Solo operator, direct deliverySolo operator, AI-augmented delivery
100+ clients over 10 years10 retainers at $25K MRR

Same instinct. New model.

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