From Break-Even to 10×+ ROAS A three-year performance transformation — US triathlon apparel brand
10.5× ROAS PEAKS TO 15.5×
~2.9× REVENUE GROWTH
3 Yrs PARTNERSHIP & ONGOING
The Pink Moon is a premium clothing brand based in Bangalore, India. They specialize in offering high quality western wear for modern, fashion-forward women. With a focus on catering to the needs of plus-size customers, The Pink Moon aims to provide stylish and inclusive clothing options.
Overview
A US-based sports apparel brand specializing in triathlon gear — wetsuits, swim skins, and tri suits built for swimming, cycling, and running — partnered with Gohnd to turn an underperforming Google Ads account into a profitable, predictable growth engine.
When the partnership began, the account was barely breaking even on ad spend. Three years later, it runs at a consistent 10×+ return, has nearly tripled annual revenue, and continues to scale profitably into its third year — a relationship that’s still going strong today.
This is a story about sustainable, efficient growth rather than a one-month spike: steady returns, rising order value, and a brand that moved upmarket while keeping acquisition costs low.
The Challenge
The brand operates in a highly seasonal, highly competitive category. Triathlon and open-water swim gear sells hardest in the spring and summer build-up to race season, then cools sharply in the off-months. That seasonality made consistent, profitable performance difficult to achieve.
At the start of the engagement, the account faced three core problems:
- Spend was outpacing return. The account was running close to break-even — every dollar in was returning only a little more than a dollar out. There was no real profit margin in the advertising.
- High cost to acquire each customer. Acquisition costs were steep relative to order value, squeezing what little margin existed.
- No structure for seasonal demand. Without a framework to scale up into peak race season and pull back efficiently in the off-season, budget was being spent inefficiently year-round.
The brand needed an agency that would treat the ad account like a profit-and-loss line, not a vanity-metrics dashboard.
The Approach
Gohnd rebuilt the account around one principle: profitable return first, scale second. The work happened in deliberate phases.
1. Rebuilt the account foundation. Restructured campaigns around the products that actually drove revenue, cleaned up wasted spend, and established clean conversion tracking tied to real purchase value— so every decision afterward was based on profit, not clicks.
2. Prioritized high-intent search and shopping. Concentrated budget on the buyers actively searching for triathlon and open-water swim gear, where purchase intent — and return — is highest. This was the lever that moved the account from break-even into strong profitability.
3. Layered in Performance Max and retargeting. Once the core was profitable, expanded reach through Performance Max and structured retargeting to capture demand across the full buying journey, without diluting the account’s efficiency.
4. Built a seasonal scaling rhythm. Established a repeatable framework to lean into spend during the peak race-season build-up and tighten efficiency through the off-season — so the account stays profitable across the entire calendar, not just in the busy months.
5. Optimized for order value, not just order count. As the account matured, shifted focus toward attracting higher-value customers — supporting the brand’s move upmarket and lifting revenue even as the category got more competitive.
The Results
The transformation shows up clearly in the numbers — and the partnership’s longevity (now into its third year) is itself the strongest proof that the results are real and sustained.
Consistent, profitable returns
- After the first-year turnaround, the account has sustained a 10×+ ROAS, with peak months reaching 15.5×.
- Through peak race seasons, the account consistently delivers 8–15× returns — exceptional for a competitive ecommerce category.
Revenue growth, year after year
- Revenue has climbed every single year of the partnership.
- Comparing the most recent year against the first year, annual revenue grew approximately 2.9× — from roughly $125K to nearly $359K — while returns improved alongside it.
- Order volume nearly doubled over the same period (from ~800 to ~1,540 annually), so the growth came from selling more and selling smarter.
A more valuable customer
- Average order value has risen as the brand moved upmarket — up roughly 48% since the start of the partnership ($157 to $233).
- Higher-value orders at scale are what drive the revenue growth: more customers and a bigger average basket, at a stronger return.
Improving efficiency
- The account went from a near-break-even 3.68× ROAS in year one to a sustained 10×+ return today — nearly tripling the return on every dollar spent.
- Returns have held in the double digits even as spend scaled, proving the model holds up under growth rather than breaking as budgets rise.
Three Years of Transformation
The clearest way to see the impact is to compare the first full year against the most recent year:
The pattern tells the real story: this isn’t a one-time win. It’s an account that was turned around early, then held at a high level of efficiency for years — growing revenue and order value steadily while sustaining returns most brands never reach once, let alone consistently.
The Takeaway
Strong, sustained performance is harder than a single good month — and far more valuable. This brand’s account proves what efficient, disciplined performance marketing looks like over the long term: profitable returns held steady for years, revenue growing every year, and a customer base that’s become more valuable over time.
It’s also why the partnership is still going. Clients don’t stay three years unless the numbers keep working.
Results, Not Promises
If you’re spending on Google Ads and want returns like these — without the vanity metrics — let’s talk.
From The Clients
“Hemang is one of the smartest Paid Ads expert I have worked with. He not only achieves the targets in a fraction of a time, but is also always curious and eager to find new ways to automate and improve existing methods. He is a great asset for any team, project or brand !.”
We took Hemang’s help about a year ago to help us with Google Adwords, later on, we saw the potential we hired him to manage our complete digital marketing and he helped us to achieve about 200% growth, we strongly recommend Hemang for Digital Marketing
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