I was stunned by seeing this: 9 clicks --> $0.06 ??? Does this mean my sites are smart priced or something? This is the worst pay per click rate I have ever seen!!! Is there some remedy? Any advice would be appreciated.
taht's not smart price. I think what happen is that the same Dude clicks on your ads and google algorithm thinks that is a click fraud and adjust accordingly.
I implemented a new layout and have seen very high CTR rate i.e. ~1X. It used to be o.k before but today it is the lowest ever. What if I stop displaying ads for sometime and restart again? Does anyone have experience overcoming problems like this using this?
This happen sometime. Remember advertisers will pull their ads sometimes and relist. When the high rollers pull their ads then it is only the small advertiser left. So sometime you will get good paying ads and sometime you will get low ones. If you get this every day then you have to worry.
Maybe you are right about the click fraud but also depends on the niche. For example sites about celebrities had very low cost click 0.01. Also sometimes google don't charge a click so next day you will see money on your account.