I was wondering: does pay-per-click get higher as hubs age? My average has increased. Is it just a coincidence?
It's hard to tell. The earnings per click for your account price according to how well your clicks convert. So if your clickers are buying or signing up or giving their emails, then you EPC should go up. If you're traffic clicks and does nothing it'll go down.
The amount you earn per click is not related to it directly, but as Nelle said, if a company has success they may invest more in their bidding.
The amount you earn per click is down to the amount advertisers bid, not the age of a hub.
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