5 ways to make money on Squidoo
Making Money on Squidoo is not as difficult as it may seem to many people and it is similar to all your online ventures
. It will take hardwork and persistence. You will need to have a blend of both quantity and quality lenses on Squidoo to create a good portfolio of lenses that will generate a steady stream of passive income for you. Here are 5 different ways to make money on Squidoo.
Ad Pool sharing: This is perhaps the most easiest ways to make money on Squidoo however it does require a significant amount of traffic and clickthroughs to move your lens to the top tier so that you could have more meaningful payouts. The last payout at the time of this article was for November 2009, which was approximately $14 per lens in Tier 1, $3 for Tier 2 and $0.15 Tier 3. Infolinks sharing: This was a relatively new stream of revenue added in late 2009. You have the option to turn this off, but if your main idea is to earn money from Squidoo, then I do not see a reason why you would turn it off. It has turned out to be a decent chunk of change is the payout for the top tier was approximately $3. Amazon: This is perhaps one of the significant revenue earners for many Squidoo lensmasters but earning money from Product or Amazon Specific lenses is an art that needs to be learnt and refined. Squidoo has definitely made it much easy with Amazon modules that can be incorporated in your lens with the click of a button, but you will not make money from Amazon by simply slapping on a few of these. You will need to cultivate and decorate your lens with helpful ideas, suggestions and reviews and gently coax your readers to convince them of the benefits of the product. Hard sell may hardly sell. Subtlety is the key. Ebay: Although there has been a fair bit of debate of late with EBay introducing quality click pricing and not providing sufficient data for Squidoo to track its lensmasters payments, this is also a stream of income that must carefully evaluated and incorporated by lensmasters in their lenses. Affiliate Products: The other way of course if you to create lenses which target specific affiliate products on either Clickbank, Commission Junction or other such sites. You need to be a bit careful, since Squidoo is cranking down on spammy lenses and there are certain taboo topics which are now not permitted on Squidoo. There is also a restriction of 9 links per lens to a single domain. So you will need to be creative in designing your lens and making optimum use of placing your affiliate links.
These are just some of the basic ways of making money on Squidoo. You can ofcourse use Squidoo to promote your other websites or blogs or even your offline business. It is much easier and faster to set up than a traditional webpage and has quite a few bells and whistles to help you generate a beautiful webpage in a short time. Making Squidoo lenses is however an art that will get better and better as you create more lenses. As you create 10, 50, 100 lenses, I can assure you that you will then have no trouble making money on Squidoo.
5 ways to make money on Squidoo
By: Lloyd Pinto
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