How You Make Money On Squidoo
Squidoo is a fantastic place to be. Not only do you get a soap box to stand on, while you tell people about things that interests you – get help to be found by Google and the other major search engines – and doing so on an easy to use, intuitive platform. Squidoo also pays you!
Squidoo pays its authors mainly/directly in 2 different ways:
- The co-op pool (shared income for all lenses with a lens rank of 1-100,000)
- Shared affiliate commissions (derived from sales made through “money making modules” on your lens)
The latter one will, in the long run, be a bigger source of income for you. What happens is that Squidoo shares their commissions 50/50 with you, when a sale is made from a money making module (i.e. the Amazon module).
Let’s say you make a lens about your favorite Digital SLR camera, and someone goes on to buy one through the Amazon module on your lens. If we assume the camera cost $500.00, Amazon will pay Squidoo a commission of $25.00 which Squidoo will share with you, making you $12.50.
On the same lens, Squidoo will place a number of advertising links and banners. The money generated from these goes into the co-op pool, which is shared every month with the best ranking lenses. Lenses with a lens rank below 100,000 gets a share, with the top lenses getting a bigger cut because more work has gone into building them.
Most lens masters will get around $0.07 a month this way – which admittedly isn’t a huge amount – but if you manage to publish 100 decent quality lenses, that’s $7.00 a month. Again – not a huge amount – but you need to focus on what you can do with those money, rather than on the amount.
Add to this that the money making modules on these lenses will make you 5-10 sales a month or more, and you could be earning around $100.00 extra a month ongoing every month, from some work you once spent a couple of months doing. Not bad at all.
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