The page everyone linked to didn't exist
A content site noticed a steady trickle of referral traffic bouncing at 100% from a handful of external blogs. They assumed the audiences just didn't fit.
The clue was in the landing-pages report sorted by bounce. Those referrals all pointed at one URL — a popular guide they'd moved during a redesign without a redirect. Visitors hit a soft 404 styled like the homepage, so it never looked like an error in the numbers. About 2,800 referred visits a month died there.
They added a 301 from the old URL to the new guide.
Bounce on that path fell from 100% to 38%, and those referrals started converting to email signups at 5%, recovering an audience they'd accidentally been throwing away for months.
The lesson: 100% bounce from quality referrers usually means a broken landing page, not a bad audience. Check the URL before you blame the visitor.
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The page everyone linked to didn't exist
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