What to Do When Your Funnel Stops Working and Revenue Drops Step by Step

What to Do When Your Funnel Stops Working and Revenue Drops Step by Step

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Author: Jeremy Haynes | founder of Megalodon Marketing.

Table of Contents

Earnings Disclaimer: You have a .1% probability of hitting million-dollar months according to the US Bureau of Labor Statistics. As stated by law, we can not and do not make any guarantees about your own ability to get results or earn any money with our ideas, information, programs, or strategies. We don’t know you, and besides, your results in life are up to you. We’re here to help by giving you our greatest strategies to move you forward, faster. However, nothing on this page or any of our websites or emails is a promise or guarantee of future earnings. Any financial numbers referenced here, or on any of our sites or emails, are simply estimates or projections or past results, and should not be considered exact, actual, or as a promise of potential earnings – all numbers are illustrative only.

One thing that is highly probable to occur on your journey to cracking million-dollar months or adding that next million month is that you are going to have a funnel that stalls or stops working.

Here we’re going to cover all the short-term solutions that you can immediately start to turn around and test in order to solve that problem and get the revenue cracking again.

My name is Jeremy Haynes. All we talk about around here is cracking million-dollar months. Whether it’s the first million a month or the next million month, we got you.

We do not in any way, shape, or form make any income claims. There are no in any way, shape, or form earning potential that you have from consuming free content.

All we’re doing around here is handing down lessons from people that have been there, done that, and passing them down to you.

The US Bureau of Labor Statistics, they claim that there’s a 0.1% probability of ever cracking $10 million a year, let alone the even smaller probability you ever crack million-dollar months.

There’s no earnings claims. There’s no earning potential. We’re just sitting here talking about what works.

If your business is already generating $100k+ per month, My Inner Circle is where you break through to the next level. Inside, I’ll help you identify and solve the bottlenecks holding you back so you can scale faster and with more clarity.

All right, so let’s jump into it.

Why You Should Go Back to What Already Worked Before Testing New Things

First things first, you had a funnel that was working. It’s no longer working. It could be something as simple as just needing to repeat successful actions.

This is actually a very common issue that occurs. Repeating success is usually something that’s easy to steer clear from because you deterred too many steps away from what was originally working.

If you’re on a path, as an example, and you take one simple left and you forget that you took that left and that left turn led you into a bad place, it’s literally as simple as just turning right back around and then taking a different direction again.

Instead, what most people choose to do is they decide to take another left and then another left and then another left and then another left and then maybe a right and then another left and all of a sudden they’re way off from where they were.

They have no idea where they originally were at, where they were originally getting all the success from and everything just ends up terrible because of that logic.

Every time you take an action, you have to be mindful of whether it’s something that actually worked or not. So if it didn’t work, you can undo it.

Getting back to the baseline is one of the most important things that you can initially consider when trying to crack million-dollar months and you start to see some cracks in the wall.

You understand? You need to just take one step backwards, try to originate the success again of whatever actions were working prior, even if they weren’t the best.

Let’s use the example you were at a 2x ROAS. You tried to take an action to improve it. It lowers your ROAS down to like a 1.3.

It should be as simple as you stop taking that action that took you down to a 1.3 and go back to the action that was making you two. And then you take a new action when you’re back at two again to try to get it to go up higher.

Instead, just to give you a literal example that I’m saying, you were at the 2x ROAS. You took an action, it lowered to 1.3.

Instead of undoing that action, you take another action, now you’re down to 1.2. You take another action, now you’re down to 1.1.

And you’re like, what was I originally doing that was getting me to two?

You see, this is one perspective that you want to maintain if you’re going through this right now. Sometimes it’s genuinely as simple as that.

How to Do Bottleneck Analysis to Find Which Stat Is Killing Your Funnel

Here’s the other thing that you need to do. We have entire pieces on my site dedicated to this exact topic. We call it bottleneck analysis.

So whenever somebody hits me up and they say, “Hey man, I’m having a hard time. I was getting success and all of a sudden I’m not having success. What do I do?”

I just ask them. I’m like, “Well, what’s the bottleneck analysis? Shoot me over the stats.”

And people really mess this up. It’s literally this simple.

If something was working and it no longer is working in the context of paid ads or marketing or scaled sales lessons, it’s because a specific statistic within the process is currently contracted. Research shows that the average sales funnel conversion rate is approximately 2.35%, with companies experiencing conversion rate variations that signal specific bottlenecks requiring targeted fixes rather than blanket changes.

It’s not random, dude. There’s a specific statistic, one stat or maybe a combination of a few stats that are shaved off a couple points that are currently hurting you.

Not to turn this entire piece into a bottleneck analysis, but let me just give you an example in the context of paid ads.

You would do something like check your CPMs. You would then check your link click-through rate and you would see if that’s getting cooked.

As an example of this, by the way, right now, just in these two statistics alone, there’s currently a glitch happening where you’ll get infinite bot traffic to start hitting your page. Nothing will convert.

Your link click-through rate will be through the roof and your CPMs will be like single digits.

That’s not normal. That shows that there’s a glitch.

By the way, I can’t believe I’m even telling you this for free, but the way you would solve that is to ideally exclude reels as a placement. But you know, that’s one of the many paid things that we try to keep for the people who pay us.

But nonetheless, I’ll give it to you here.

CPMs, link click-through rate. Let’s use the example you’re running a call funnel. You maybe have an opt-in page.

Hopefully you don’t, because if you consume my content, you know that we really dislike opt-in pages, especially for rich people. So it’s an unnecessary point of friction unless you’re attempting to actively add friction for exclusivity, but that’s a different lesson that we covered in another piece on this site.

CPMs, link click-through rate, the opt-in rate. Then you would look at things like the application rate. You would look at the application completion rate to how many of those people then go and schedule a call.

You then have things like your show rate, you have your close rate, or if you’re doing a two call close, you’d have your second call show rate, your second call booking rate, etc.

You’d have your close rate, you’d have the average order value.

So just as an example, in a single call funnel, you likely have some stats that look like this.

Now, are there stats that make up some of these stats that you could also track? Yeah, but you don’t need to be that detailed when you’re doing a bottleneck analysis.

You only want to be that detailed when one of the stats is specifically messed up.

Why You Should Only Fix the Broken Metric Not Test Everything at Once

So let me give you a great example of this. Let’s say my application rate all of a sudden chopped in half.

Let’s say I’m using a tool like Type Form that gives me the opportunity to see the summary analytics for each individual question’s drop off rate.

Let’s use the example that one of those specific questions has the higher drop off rate. Now that’s really simple to solve for, dude.

All I’m going to do in that example is just change that question up. That’s where the bottleneck was.

I don’t care about the question by question drop off rate until my application rate is the bottleneck.

You understand? I don’t care about the play rate on the video or the engagement rate on the video until the problem is my page.

You understand? I like my stats to be good. And I know that when my stats can be better, I want to be testing to make them better.

But again, in the context of the bottleneck analysis, all the smaller stats don’t mean anything unless that specific bigger stat is what is hurting and choked.

You get what I’m saying?

Back to my point. Once you do a basic bottleneck analysis and you compare it to the stats when you were successful versus the stats when you are now experiencing the problems, you’re going to see a difference every single time. 

Studies show that businesses failing to adapt their marketing approach experience an average 23% drop in sales revenue, making regular performance monitoring and bottleneck identification critical for recovery.

It’s never random.

Again, there is never an instance where your stats get worse and these stats are all the exact same as when things were good. That’s never the case.

So here’s what you then do. You take your attention and you’re going to laser focus it on the specific stat that is hurting.

You understand?

So as an example, let’s say that your link click-through rate is all of a sudden cooked. No problem.

You’re going to go follow the Andromeda best practices. You’re going to follow messaging best practices.

You’re going to use some amplifiers inside of your messaging, like maybe pain as an example, and you’re going to come up with some fresh creatives.

Maybe it’s something as simple as you’re dealing with ad fatigue and you just need to deploy ad fatigue protocol. Industry data shows that showing an ad more than three times to the same audience within a short period can result in ad fatigue, causing click-through rates and engagement to decline significantly.

The point I’m trying to make is whichever stat is specifically messed up, all you have to do is just take your attention concentrated on that stat and open it up.

Test that specific area exclusively.

Where most people really take the wrong action is when they just say, “Oh my goodness, my stats are all of a sudden messed up.”

They get all anxious and reactive and they just start doing random things in an uncalculated way.

That’s how you end up in that first scenario that I broke down for you where you take a bunch of random actions that leads you way far away from what was originally working.

And you also take actions that you didn’t even need to take.

The bottleneck analysis reveals to you exactly what needs to be improved upon. And that is all that deserves to have an action taken.

I will give you a slightly more complex scenario though just to appease your interest and also reveal to you that yeah, things can sometimes be more complex than that.

Here it is.

What to Do When All Your Funnel Stats Tank at the Same Time

Sometimes all your stats get hurt at once, right? And sometimes rather than just one specific stat, every stat when you do a bottleneck analysis looks worse.

What do you do then? Right?

Generally, who you attract can change every stat.

So let me be clear on this. Who you attract can determine every stat.

Let’s use the example. I’m selling hyperbaric chambers that are like $50,000 to $80,000 a pop.

And I’m using something like a lead form on Facebook, an AI tool, plus one of those blue sending text services.

I’m getting my AI bot to talk to people via text message, warm people up, and then three-way group chat intro them to me, the owner.

And then I start the process of selling that after they’re already teed up and had some of their questions answered and everything’s going swimmingly well.

I’m making a significant amount of money. I’m selling a lot of hyperbaric chambers and again, we’re rocking and rolling.

Then all of a sudden, every stat at once gets nuked.

My cost per lead flies. My CPM goes through the roof. The quality of lead dramatically drops.

So therefore, my connection rate drops. The quantity of people getting handed off from my AI setter to me in those group chats drops off.

Every single stat beyond that drops off. Obviously, the connection rate, the response rate, show rates, close rates, average order values, significantly more people who do buy are doing payment plans.

When something like that occurs, this is very important you understand this.

You likely all of a sudden are in the wrong pocket of people.

We have an incredible piece on my site as it relates to some Meta Andromeda best practices where we essentially go in depth on the concept of messaging and I talk about it like oil fields or like aquifers under the ground.

Why You Run Out of Audience and How to Know When You’ve Milked an Audience Dry

I describe it like when you have a specific pocket audience that’s working really well, you’re going to exploit it until it’s no longer there to exploit.

There are oil fields where it’s technically a non-renewable resource where once that pocket of oil is gone, it’s gone. It’s not going to replenish.

Whereas an aquifer, if you drill a well or an extraction mechanism into an aquifer and the aquifer has a spring that’s feeding it, you can extract at the pace that the aquifer is replenishing.

So as an example, sometimes you have a really good pocket audience of people that is technically still filling up with new people every day.

But as you scale more and more and more, you’re actually going to diminish the overall supply of who’s available in that audience to extract.

And as a result of that, you eventually also milk the aquifer dry.

The spring water only has so much that it replenishes per day. And your rate of taking out water, aka removing people from the market in this metaphor, is too fast.

And so you have to learn from a messaging perspective when you have milked an audience dry and whether it’s replenishing itself and therefore you can maintain it at a certain level of spend for your extraction efforts or whether you’re going to have to abandon it completely and go to something new.

Both scenarios are feasible and both scenarios can actively happen when all of a sudden every single stat nukes.

That’s generally the clearest sign that you can look for that you have run out of a specific audience type that a current set of messaging and funnels were converting well.

And so in that scenario, the if-this-then-that logic that you must deploy is you must deploy new messaging.

When to Test New Messaging or New Funnel Types After You Exhaust an Audience

In some instances, you don’t necessarily have to change the messaging. You can deploy a new funnel type or conversion mechanism.

So let’s use the example, you’ve been milking the daylights out of a call funnel at scale for a while now.

You finally grew some confidence and you’ve been scaling it hard and things have been going well for a while and then bang, all of a sudden everything’s cooked.

You’re getting nothing from it. Everything starts to just go wrong.

In that example, you have to test new messaging. Or you could test instead of a call funnel, maybe do a webinar funnel. Maybe introduce a challenge funnel. Maybe start testing low ticket to high ticket.

Every funnel generally has a ceiling. Every set of messaging generally has a ceiling.

So when all your stats get cooked at one time, ideally you just look at those two scenarios for what you can specifically attack.

You understand this? It’s pretty simple.

Of course, per usual, there’s a tremendous amount more I could sit here and talk at you about when it comes to improving the performance of a specific funnel when things stop working.

But I always tell you, I withhold a good 80% to 90% of what I could otherwise sit here and talk to you about for all my paid programs.

Check out Jeremy’s Inner Circle. It’s available. You can also check out my Master Internet Marketing course.

Jeremy’s Inner Circle, perfect for rich people trying to get significantly richer.

Master Internet Marketing is an incredible program under our education company where we put you or your staff through 7 weeks of extensive training on all technical and tactical and strategies related to digital marketing.

There’s also a lot of great tools and softwares we cover in there.

Whichever one’s better for you, I’d encourage you actually take the action.

My site’s full of content that’ll help you earn a little bit of house money to get to the point where you can pay for one of my paid offers with some of the money that you go out there and hopefully earn based on what you can do with all the free stuff I’ve put out.

I can’t stress enough and this is very important you understand this.

There’s so much more to this, but this should still help you with your problems to be able to overcome it and give you more than enough to do to turn this around and get your momentum back.

Why Momentum Is a Real Force You Need to Stop Before It Accumulates Against You

Remember, momentum is a universal law. It’s as real as gravity.

If I chose to step off the edge of a balcony right now, which way am I going? Am I going to go up? Am I going to go sideways? Or am I going to go down?

Right? As obvious as that answer is, a lot of you guys treat momentum like it’s not just as real.

Momentum is an incredible force where you actively have to try to mess it up in order for it to start to play against you.

And when it starts to play against you, may goodness help you because you are going to have to stop that force and stop it accumulating more power as it goes.

You want to keep momentum in your favor.

When these kind of things crop up, do not be tolerable of it. You need to attack these kind of things aggressively.

Don’t sit around and just wait and hope it gets better. That is the worst case scenario.

Why Hope Is Not a Strategy When Your Funnel Stops Working

I’ll leave you with this one last tip.

Hope is not a strategy. Research shows that businesses taking proactive measures to address revenue decline recover 40% faster than those who wait passively for improvement, making immediate action on performance problems essential for business survival.

Again, hope is not a strategy.

You will be absolutely hurting if you just sit on your hands here and just wait and act like things are all of a sudden going to improve.

If circumstances are as bad as they are for you to seek a piece out like this, or maybe you’re just sitting here trying to be smart and prepare for if situations happen like this.

I sure hope that you don’t deploy hope as the tactic.

You understand?

All right, go out there and get richer.

Talk soon.


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About the author:
Owner and CEO of Megalodon Marketing

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.

Jeremy Haynes is the founder of Megalodon Marketing. He is considered one of the top digital marketers and has the results to back it up. Jeremy has consistently demonstrated his expertise whether it be through his content advertising “propaganda” strategies that are originated by him, as well as his funnel and direct response marketing strategies. He’s trusted by the biggest names in the industries his agency works in and by over 4,000+ paid students that learn how to become better digital marketers and agency owners through his education products.