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Making Money With
Squidoo
Brought to You by Buy-Ebooks-Software
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However, the reader should understand that the information provided does not
constitute legal, medical or professional advice of any kind
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All warranties, express or implied, are hereby disclaimed
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If you do not agree with this policy,
you are not permitted to use or distribute this product
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Use at your own risk
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com
Squid Who?
Before we go into the actual ways to make money with Squidoo, let's go over what
Squidoo is and how it differs from other sites
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A lens is a way of looking at some topic that
the writer is passionate about that makes it come alive for the reader
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Squidoo comes with a user community, called “SquidU,” that helps newbie Squidoo
users to learn the ropes
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According to
Squidoo
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Since these all have to be
done manually by someone, usually referred to as a lensmaster, it's an amazing
achievement
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com every
day
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Squidoo
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In some
unusual cases, people have made $10,000 per year; however, it's possible you may only
make $40 per year, depending on the quality of your lenses and how many people they
attract to them
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It is based on an algorithm that can
include the lensmaster's reputation, how many ratings and how high they are, the
number of inbound and outbound links, and the actual traffic coming to the lens
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Unlike other sites
that pay more to people based on a rating system that grants more privileges to older
users, this one re-rates the lens every two weeks to keep the rankings fresh
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The more traffic you get to your lens, the more opportunity you have to make income
from the lens
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You
have to attract eyeballs to the lens to get visitors to create actions that bring in income
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Other income might come from affiliate
offers you have linked to your lens
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Finally, there is a way to create a Squidoo co-op page that
essentially partners you with others who will take a share of the royalties for that type of
exposure
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com
Earning Money With AdSense
It may come as no surprise to seasoned marketers that you can earn money with
AdSense from Squidoo
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Monies
are collected from Google and then distributed via a formula that rewards top
lensmasters and popular lenses more
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However, just because you have a lens doesn't necessarily mean you'll make
any money from Google AdSense
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For Squidoo, it follows a revenue sharing model that provides 50% of the revenues
generated by the lensmaster to go directly to them
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There are several tiers to the system,
where higher ranked lensmasters can make more from their lenses than others
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This is all taken care of by Squidoo
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If you earn more than $600 from Squidoo, they will want some
form of tax identification, but otherwise, you will have to report it to the IRS, however
your accountant sees fit
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However, so is content
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If you don't know much about
keywords, you can find a useful keyword tool online to help you generate content around
keywords that attract more visitors
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Typically, a 1% to
2% ratio of keyword to total word count is recommended for any one keyword that you
use in your content
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Many of the same strategies that marketers use to generate income from AdSense on
their own blogs and websites can be used with Squidoo pages
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In fact, you can avoid Google Ads altogether
and instead focus on different ways to earn money
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com
The Money Maker Lens & Modules
Google AdWords income may be automatic, for the most part, but the rest of the ways to
make money will take a little more forethought and planning
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Some of these modules help you to make money, and others are
merely informational
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It might not include everything you need to make money, but it
will give you a good start on how to make the lens that is targeted for income
opportunities
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Squidoo isn't just a place to
sell things, but is a place where lenses can be created to make money
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Other times, they are just to
promote some other type of information on the Web, like a video
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All of these work with modules as the basic component to creating a lens
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That's perfectly normal since not all lenses are about making money
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Or you can use this
report to help you pinpoint some of the major modules that make money
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Different Ways To Make Money
Realize, however, that you can make money in other ways too, not just by creating a
lens with the right modules
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We'll
discuss those as well
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Just
like you would look for programs that give you money based on getting others to sign up,
Squidoo offers the same type of incentive
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If you are making money from advertisements on a blog, for instance, you can
drive traffic to the blog from a Squidoo page
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Making Money With Squidoo - Page 4
Buy-Ebooks-Software
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That's not always the case
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That's because you can make money using the CafePress
and eBay modules too, where your own products and services are being sold
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One of these is Amazon
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Selling Your Own Offers
If you are an Internet marketer who's been around for a while, you may indeed have a
CafePress or eBay store
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A CafePress store won't cost anything to set up, but it takes a bit of time to get
one up and running
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Anything you publish may be copyrighted, and thus, protected
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EBay stores usually require that you've sold things on eBay before in order to qualify to
have a store
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All of this is required just to
run your eBay business, and you still have to learn the ins and outs of the actual eBay
site
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If you
already are in it, though, Squidoo provides a quick and easy way to add your eBay store
to your lenses with SquidBids
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They
don't have to learn about another site and their policies
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Best of all, they don't have to
ship anything just to make a commission on it
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The main difference between selling your own or someone else's products is that you
stand to make more money per sale on your own stuff
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So, it's up to you on which way you want to go when
selling with affiliate offers
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com
It's All About Good Marketing
Before we go into some of the modules that will help you to create a lens, it's very
important to understand that a moneymaking lens is not just a collection of things to buy
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It's up to the lensmaster who wants to
make money to bring in his/her skills with Internet marketing to write a lens that makes
people want to buy
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Create Good Content
Good content is entertaining, it is fun, and it is informative! It's not just a list of things or
repeating what someone else has said! Be creative, be warm, be approachable, and be
an expert! That's what Squidoo was originally about: Bringing out the expert in everyone!
Concentrate on eye-grabbing headlines and subheadings
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Tell them why they will want to buy your products and ask
them for the sale
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Benefits are the triggers that will
make someone buy your product or click on a link
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An example of this is when they might lose out for not taking up on your offer
at that very minute!
Network With Others On Squidoo
Since your LensRank is going to take into account how many people rate it and how
high they rate it, you want people to rate your lens to get it to pay out more
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Start to join in on the community and ask them to rate your lens
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Once you start to be more recognized, people will want to
read and rate your lenses
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The tier
your lens is in is dependent on your LensRank
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Network, network, network to get that popularity up
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com
The eBay Module
Why would anyone use a module on Squidoo to sell something they're already selling on
eBay? It means a tad less money, doesn't it, since now they have to share their profits
with Squidoo too? If they're already making money with eBay, it may seem
counterintuitive, but it does work to increase profits through increasing the exposure the
auction items get
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More bids mean
more sales and a higher selling price
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Better Have Your Store Up And Running
Before you can even use this module, you have to have your eBay store up and running
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If you don't have one, it won't
work
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The
whole thing is run with the SquidBids module
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It's not used to create an auction within
Squidoo
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It's used to link to an existing eBay store and to
facilitate bidding within Squidoo
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It's An Auction, But It Isn't
Here is where it gets tricky
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It's an auction, but technically, it isn't
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Don't limit yourself to just the eBay module on one lens
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Add entertaining information as well!
How To Sell Using The eBay Module
Use other modules to add pictures to your lens for the items you are selling
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They don't
actively sell anything, but they help you promote what you're selling
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Add your feedback rating to entice buyers to
trust you
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Add other relevant modules to get more income, like combining an eBay module with an
Amazon module for a different aspect of the niche you are marketing
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Making Money With Squidoo - Page 7
Buy-Ebooks-Software
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However, Amazon
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You
can make quite a bit of money, not just by offering affiliate offers for books, but also for
electronics, housewares, and more – all through the Amazon module on your lens
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It's all set up by Squidoo, making it an ideal way for a newbie
lensmasters to start making money without much effort on their part
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When You Sell Books Online
The nice thing about selling books with the Amazon module is that they go with every
lens
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It may be that the books you pick don't discuss the same topics as
your lens, but are used to complement the topic
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Then you add an Amazon module that talks about starting a home business or
homesteading, along with books on brewing
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If they're all about homebrewing, they'll read a
few titles and skip the entire module if they're not interested, leaving you without a sale
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Selling Other Items Online With The Amazon Module
If your topic is parenting toddlers, you can opt to sell toddler items online with the
Amazon module, as well as books that discuss the psychology of a toddler or how to
make your kid super smart
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You will want to have a good range
of prices so that visitors who read your lens will find something that fits into their budget
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Better one low-end sale than no sale at all
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Also add a few high-end things on the chance
that someone will be persuaded to buy one of them, resulting in you making a higher
commission
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com
The CafePress Module
This module is the best of both worlds
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They sell promotional items like cups, tshirts, mouse pads, and other imprinted material
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Either way, you can use this module to create
income from a Squidoo lens
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It Has An Automatic Pick Option
If you don't want to spend too much time setting up a CafePress module, you have the
option to “Let CafePress Pick” the items you'll be showcasing in your lens via a keyword
match
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It's not an incredibly sophisticated search engine, so you may be limited to
just a few short words
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You earn a
commission for the products that sell, even when they're not your own
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When You Sell Your Own Items
Making a CafePress store is very easy
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You can set
up a sample store with some t-shirts or mugs and then use these items to market on
your Squidoo lens
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If you want to
add individual items, you'll have to enter the URL for each individual product on
CafePress and enter it into the CafePress module
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Match The Niche
The whole purpose of this exercise is not just to throw up products that are in your store;
you want to match or complement the niche topic on your lens
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If you go way out in left field, people just will not understand what you're trying
to offer them and will walk away
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Don't
offer them the T-shirt that says “Party on!” because that's just jarring
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Check to see what your lens displays to keep
things like that from happening
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com
Money From Referrals
Squidoo has a referral program to get people to sign up other writers who want to create
Squidoo lenses
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Just keep in mind that referral income works either as a sign-up bonus, a commissionbased bonus, or both
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Squidoo's Referral Program
As a referral program, it's not that glamorous
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It's a simple sign-up
bonus, and there is a requirement that limits the payout of that sign-up
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In terms of income, it's not a very strong program when compared to
other affiliate program referrals
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Other Affiliate Referral Programs
If you have joined numerous affiliate programs, you know that there are some rich
referral programs out there that have juicy sign-up bonuses and great commissions from
just one tier of your immediate referral
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Those are the best programs to target
and promote on your Squidoo lens
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If you have to wait for your referrals to make a large
amount of money to get paid, it's not worth it
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Niche Them
Just like you are collecting different affiliate programs to promote on your Squidoo lens,
you should be aware of what niches they can serve and then promote the referral
program for that program on your lens
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Be as specific and as
targeted as you are with selecting products for stores
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Making Money With Squidoo - Page 10
Buy-Ebooks-Software
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As a community that rates itself, it is
continuously improving, and Google tends to rank lens highly
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However, you can't just rely on traffic from Google to market your lenses
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”
Methods To Attract Traffic To Your Lens
The same methods that people use to attract traffic across the Internet work here
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You can even promote it on social networks
and ask people to rate it so that you can improve your skills as a lensmaster
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When relevant, they add the
link to their lens to increase its exposure
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You can index your pages and submit them to various search engines, like
Yahoo!, to get wider exposure
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Create
a fun video and draw YouTube watchers back to your Squidoo lens via that link
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Due to the
way Squidoo rates the freshest content higher, you will want to constantly add a
few updates to each of your lenses
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You can even just add a few
paragraphs or modify a few sentences to make your content fresher
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com and other link archives
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Twitter, in particular, is a fantastic place to add a single link a few times
a day or a week to create more income
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Making Money With Squidoo - Page 11
Buy-Ebooks-Software
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There are a variety of other methods that space limitations didn't allow us to get into
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