I'll get straight to the point. YES you can make money on Squidoo. I know because I've done it. I may not be earning enough to be able to maybe think of making it a full-time income but it's good money. And what's great about it is that it's passive income. As long as you don't delete your Squidoo lenses, they will be making you money in the months and years to come. In this article, I am going to talk about the things I did on Squidoo that worked very well for me. Squidoo and other revenue-sharing sites like HubPages and InfoBarrel have a lot of similarities but they are totally different from each other. For instance, the strategies for success here in InfoBarrel don't necessarily apply on Squidoo.
Before anything else, I'm going to discuss the different ways on how you can make money on Squidoo. Squidoo is a revenue-sharing site. Just like InfoBarrel, Squidoo gives you a cut of the revenues that your lenses generate. The revenue-sharing is 50/50. But it's a little bit more complicated than that. Let's take a look into these Squidoo money-making strategies.
- Earn from Amazon and eBay. When building a Squidoo lens, you can include Amazon and eBay modules in it. These are very similar to the Amazon and eBay modules here in HubPages. When somebody buys something via the modules in your lenses, you get 50% of the revenue. You don't have to enter your Amazon or eBay ID's in your Squidoo account. There's no need because Squidoo tracks all your sales and you get paid via PayPal at the end of every month provided that you reach the minimum amount for payouts. Don't worry, the payout minimum is really low and what's good about it is that you set your own payout minimum. You can set it at $1 if you want.
- Earn from Adsense, Chitika, and Infolinks. This is where Squidoo differs from other revenue-sharing sites. In most revenue-sharing sites, you get a cut from the revenue based on a percentage. On Squidoo, the system is different. 50% of the revenue generated by the ads on the lenses are sent to what they call an “ad pool”. The revenue accumulated in the “ad pool” will then be distributed to lensmasters based on the ranks of their lenses. The higher the ranks of your lenses are, the larger your share in the revenue becomes.
- Earn from your own affiliate links. You can use your own affiliate links on your lenses as long as you don't violate any of Squidoo's TOS. You can place Amazon affiliate links within the content of your lens and when somebody buys something from Amazon via your link, you get to keep the whole commission. Squidoo doesn't get a cut from it.
Amazon Price: Buy Now
(price as of Sep 6, 2013)
Here are my tips on how you can increase your chances of making money on Squidoo:
- Focus on quality over quantity. Always remember that you get paid based on the rankings of your lenses. One lens that has a high lensrank will earn much more than a dozen of lenses with very low lensranks. It's as simple as that.
- Keep on updating your lenses. This is one of the biggest criteria that Squidoo uses in determining lensranks. Lenses that get updated often tend to rank faster and higher than static lenses.
- Write lenses about evergreen topics. Evergreen topics are ones that get searches no matter what time of the year. For example, “Christmas movies” is not an evergreen topic. “Funny movies” is an evergreen topic. You get the idea?
- Build backlinks towards your lenses. This needs no explanation. This is basic SEO.
- Promote your lenses whenever you can. Post them on your Facebook wall. Tweet them on Twitter. Bookmark them on Digg or Delicious. Make them your forum signatures. Just do what you gotta do to get them out there in front of readers.
That's it. These are basically everything you need to know about making money on Squidoo. Always keep them in mind and good luck.