People are complaining that they don't make so much money with their clickbank sites as they did before. Sales in some niches are completely down.
It happened to me too. I have clickbank website that made at least $3500 per month. Sales went down dramatically and I hardly make $150 per month with that same website. I have to tell you that website still has almost same amount of visitors like before. The problem was that those visitors just do not buy my product from that website.
First I blamed recession. I thought that people don't buy my product because of recession. Actually, the problem was somehow connected with bad economy times. What happened?
After a closer look at my website and after I did some research online, I figured out where the problem is. New competitor with new website showed up. Not just any competitor, but person who knew his business. On his website he sell almost the same product as me. His approach was much better than mine. His offer included five additional bonuses and his salesletter was better than mine. He was selling his product at lower price. My product costs $67 and he sell almost same product for only $37. When people have to decide which product they will buy... my competitor`s product was much better option for them.
Today people don't buy every product that shows up in the market.
Before most of them didn't care about what to buy. They just pulled out their credit card if product was interested enough. In those for economy bad times people are searching for the best product for as low price as possible. If they find three similar products they buy (if) the one which offers solution for their problem at the lowest price.
Here is what I did to improve my website sales.
1.) I created five powerful bonuses and add them to my website - It took me one afternoon to create and publish all of them.
a) I created three simple five-page reports.
b) I created two 5 minutes videos with few tips
After that I just made great cover images and all together uploaded to my website.
2.) I improved my salesletter. All I did was added my bonus images and change my headline. Nothing more.
3.) I sacrificed some profit. Before I was selling my product for $67. Now I reduced price to $27. That was still $10 cheaper than my competitor`s product.
With these simple changes I sell 5-7 products from my website each and every day. I tested it for two weeks and there were never less than 5 sales daily. If everything continues this way I will make even more money with my website than before.
It is not always a problem in recession when your sales stop. If you offer good product at a great price, recession will not stop you from success.