How Do People
Make Money on Squidoo?
How Does One Get
Paid on Squidoo?
Today
I want to give you a short explanation to the two most-asked questions about
Squidoo.
They are “how do people make
money on Squidoo?” and “how does one get paid on Squidoo?”
Basically,
friends, there are two ways to make money on Squidoo:
# 1 - Lens
Rank
The
first way to earn money on Squidoo is to create unique articles that get lots
of visitors thus giving your article a high lens ranking. Each article is ranked individually on
Squidoo. Your lower ranked work doesn’t
affect higher ranked lenses. Each lens
stands on its own.
Squidoo
assigns lens rank as follows. All
articles (lenses) are ranked each day.
Only lenses that have been
published on Squidoo for the entire month will be considered. Good reason to publish your
article by the last day of the month, instead of the first day of the following
month!
Here
are the Squidoo Payment Tiers:
Tier One
A Tier
One lens is an article which was on Squidoo on the first on the month. It’s one where the monthly average is roughly
in the top 2,000 lenses. Tier One lenses
represent the best or rather most-visited 2,000 lenses on the Squidoo site.
Typically
the monthly payout for a Tier One lens is approximately $40.00.
Tier Two
Tier
Two articles represent the monthly rank averages of roughly lenses 2001 through
rank 10,000.
Typical
monthly payout for Tier Two lenses is around $6.00 each.
Tier Three
Tier
Three represents the next 75,000 lenses—roughly speaking average monthly lens
rank of 10,001 through lens rank 85,000.
Typical
payout for an article in this group is around 40 cents.
Exception to Tier 1 thru 3
There
are times when lenses have that are average ranked numbers 90,000 to 100,000
earn a few cents each month. Typical monthly payout from this group will usually
be only five to ten cents per article.
Revenue here is typically from the lens’ text ads.
Revenue for Tier 1 thru Tier 3
is Made through Advertising
The
income made from advertising such as Google’s Adsense (and others) are pooled
together in Squidoo’s Ad Pool.
Squidoo takes half of the funds.
The rest is pooled out to those lenses with the best average lens rank
each month in a formula broken down by Tier.
The
other source of advertising revenue you can receive is from Text
Ads. An example of text ads can
be seen when you move your mouse over a word in an article that is highlighted
with double green lines. You receive revenue when a reader hovers over
this ad in your article.
Revenue is Traffic-Based
The
payouts I’ve listed are generalizations.
Keep in mind that the funds in Squidoo’s Ad Pool are determined by the
amount of traffic the site’s received for the month of the payout. If traffic goes down, revenue goes down—and the
amount to be shared among the parties will be lower. If traffic surges, ad pool revenues go higher
and everybody wins.
Other Factors that Might
Contribute to Lens Rank
Qualities
that contribute to lens rank include recent traffic to the lens (within the
last two weeks), how recently you updated your article, and click-outs.
Some
people say that recent sales, Squid-likes, and Squid Angel Blessings may play a
role. These are somewhat debatable.
# 2 – Affiliate
Sales / Commissions
The second
way to make money on Squidoo is through product placement and earning sales
commissions from affiliates Amazon and Ebay.
By
adding a sales module to your article, you can highlight related products and
earn commission when your reader decides to purchase from your lens.
Squidoo
will take 50% of your earned commission but Squidoo earns higher commission
rates due to volume. On Amazon,
commission on Squidoo is 8% (which you’ll receive 4%) which is comparable to
what new Amazon associates with no sales history receive on their own.
The Key to
Success
By
now, you’ve noted that you can earn SOME money on Squidoo, but as a reader these
amounts may look a tad pitiful. To make
any sort of income on Squidoo two things have to happen.
First,
you have to build up a large quantity of work where a most articles are capable
of earning at least some revenue.
Second,
you have to give your work time to build up visitors.
If you
have the time available to do both of these steps, you can make money on
Squidoo.
When Is Pay
Day on Squidoo?
You
will receive your Squidoo payout via Paypal two
months AFTER a lens has earned income. That means if you earned income
on a lens in March, you’ll be paid in May.
Pay
Day is on the 15th of each month.
Both Squidoo and Paypal send notifications via email to alert you of a
payment, so you’ll have no reason not to know you’ve been paid.
@SanneCollins
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