is it because of the credit crunch?

Discussion in 'ClickBank' started by cri8bat, Jan 17, 2009.

  1. #1
    Hi all,

    I am a bum marketer, I used to write 2/3 articles a day and submite to ezine articles.

    I also found a converting rate, for each 5 articles I submit I generaly got 1 sale.

    Last week I dicided to published 15 articles at once, so it means I got at lelast 3 sales.

    the articles got approaved withing 3 days (all of them). And I got 0 sales :mad:

    so my questions is is bum marketing dying? or is it the credit crunch?
    or simply bad luck :mad:
     
    cri8bat, Jan 17, 2009 IP
  2. shand0

    shand0 Well-Known Member

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    #2
    Yes credit crunch, and also bad luck as there are huge number of people still using credit cards.
     
    shand0, Jan 17, 2009 IP
  3. bl4ckmaN^

    bl4ckmaN^ Well-Known Member

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    #3
    No, it's not the credit cruch. Don't get baffled by that crap.

    It could be your niche, your product or any other factors.
     
    bl4ckmaN^, Jan 17, 2009 IP
  4. ScoTech

    ScoTech Peon

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    #4
    The news media is not in sync with reality in regards to their reporting on the economy. I think things will miraculously improve after the "one" is inaugurated, at least according to the media. They reported economic disaster every year for 7 years with Bush, even though things were great, now they will try to do the opposite with Obama, reporting everything is great, when it isn't, after he is Pres.
     
    ScoTech, Jan 17, 2009 IP
  5. snakeair

    snakeair Notable Member

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    #5
    I'm going with the credit crunch. The USA economy is not getting better and lot of american's are waiting for the new prez. to do something. Lot's of business (not online ones) are suffering bad and people are loosing there jobs and not spending money on things they would normally do. I expect things to get better in the next few month's.

    All us marketers have to adapt to what's happening in the economy. If people don't have extra money to spend, they will look for free offer's or cheap offer's since they don't have a lot of people to spend or invest. Just hang in there and things should get better. (Notice i said should) The key thing is.... don't give up and keep going.
     
    snakeair, Jan 17, 2009 IP
  6. antantnz

    antantnz Member

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    #6
    i'm going that it's not credit crunch ... i've read a number of posts and i think the fact is that article marketing to places like ezine is no longer as effective as it once was ... the way forward appears to be unique content on your own site, with the occassional article on ezine and such mainly just for backlinks
     
    antantnz, Jan 17, 2009 IP
  7. karabas

    karabas Well-Known Member

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    #7
    Given your low overall article and sales volume I don't think that your data is statistically stable and reliable.
    Just give it some more time or articles.
     
    karabas, Jan 17, 2009 IP
  8. Knight Publications

    Knight Publications Peon

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    #8
    I hope it isn't the credit crunch because if that is te case things are going to get a lot worse before they get better. I think the US is still going to have a lot of hard times ahead of it. Don't believe all the reports you hear on the news. They will either tell you what you want to hear or try to scare you.

    I think that the credit crunch hasn't had that much of an effect on online business yet. Perhaps you should try hitting different niches.
     
    Knight Publications, Jan 17, 2009 IP
  9. karabas

    karabas Well-Known Member

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    #9
    It's a bit of an off-topic but I believe that at least 50% of the financial crisis is because of consumer panic caused by sensationalist mass media.

    Unfortunately no celeb has got him/her-self into real trouble lately so MM keeps the population glued to the screen by scaring them with "crisis"
     
    karabas, Jan 17, 2009 IP
  10. Aldouspi

    Aldouspi Peon

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    #10
    I suspect it is the credit crunch - Ouch!

    Look into your clickbank analytics - are you getting the same number of hops for the products you promote?

    Personally, I am getting about the same number of hops, but sales have been way off. This tells me that the customer is interested, gets to the sales page and then sees the price and says something like, "Oh, well, I just can't manage $29.95 (or whatever) right now. Maybe later..."

    Same thing is happening for my Amazon account, plenty of clicks to products, but lower purchase rate than "normal."

    The world is going through a transition, where it is asking itself to A) Be more efficient and B) Buy what you actually need.

    Generally, Clickbank items are not in the high priority need category, for most customers. Hopefully, things will loosen up soon.
     
    Aldouspi, Jan 17, 2009 IP
  11. Knight Publications

    Knight Publications Peon

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    #11
    I like part B of your reply Aldouspi. Its gives me hope that you can still make good sales in bad times you just have to be a bit more creative with your marketing. Find as many reasons as you can for why the customer NEEDS the prod.
     
    Knight Publications, Jan 18, 2009 IP