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Revenue dropped. Is it the creative, the algorithm, or what

By Ryan Richardson · Published 8 October 2026

Check the instrument before the story: a deployment, tracking change or expired credential first. Then walk the chain in fixed order (traffic composition, page behaviour, checkout, order value, delivery) and stop at the first link that moved, rather than naming creative fatigue or an algorithm change as the cause before checking.

What this step is

Diagnosing properly when a number moves is step 58 (Part IX), marked hard difficulty, almost nobody does this. Most people get diagnosis wrong by skipping the procedure entirely, not by lacking information.

The fixed diagnostic order

Instrument first: a deployment, a tracking change, or an expired credential. Then the chain in fixed order: traffic composition, page behaviour, checkout, order value, delivery. Stop at the first link that moved. When everything downstream looks broken at once, the likely cause is the instrument, not the business, and the first check is any recent deployment or tracking change. When spend flatlines or drops to zero, the likely cause is billing, not creative; check for a declined card or a paused payment method first. When revenue drops but traffic looks normal, the problem sits further down the chain: page, then checkout, then order value, then delivery, in that order.

How much data the question actually needs

Whether something happened at all needs almost no data. Whether a rate has genuinely changed needs real numbers, usually dozens of conversions. Waiting for a big-enough sample to answer the first, easier question is expensive, and more common than it should be. With zero events in n sessions, the 95% upper bound on the true rate is about 3 divided by n, which is often enough on its own to stop a bad idea without waiting for a larger sample.

Working the gap in dollars, not plausibility

Size the gap in dollars, name three or more candidate causes with the share of the gap each could explain, and rule out by number rather than by which explanation sounds most plausible. Check the change log before theorising: more entries in it than there have been weeks is itself the finding. Change one thing at a time; changing four and watching the number recover teaches nothing, because next time all four get changed again and it's still not clear which one mattered.

Where it breaks

Naming a single cause (creative fatigue, an algorithm change) before checking the instrument, which is the satisfying explanation and usually the wrong one. Chasing a revenue drop that was a broken tag, which can cost a fortnight optimising a funnel that was fine the whole time.

The numbers
ClaimValueSource
Fixed diagnostic orderinstrument first (deployment, tracking change, expired credential), then traffic, page, checkout, order value, delivery, in that orderMeasured in Real Money, Field Manual
Rule of three for zero-event sampleswith zero events in n sessions, the 95% upper bound on the true rate is about 3/nMeasured in Real Money, Field Manual
Sample size needed to confirm a rate changeusually dozens of conversionsThe Sixty Steps manuscript
Matrix status for this stepHard difficulty, almost nobody does this, automated toolingThe Sixty Steps matrix
Go deeper

This page covers one step. The full method is in the book.

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