Make Money with Squidoo
The most common question I see about Squidoo is how to make money on the site. There are so many ways to profit on this Web 2.0 site, but I wanted to go over the primary ones for you today.
The first thing you have to understand about making money on Squidoo is that your content counts the most. For a brick-and-mortar store, it’s all about location, location, location. Your Squidoo lens has one primary purpose: to educate your visitor.
A side effect of their visit, it you may earn money in one of the following ways:
1. Squidoo ad revenue — Squidoo has implemented a system where they get to keep the site free free you and still earn money at the same time, allowing you to profit in the process. At first, everyone rebelled against the Google ads and other advertising methods that were placed on their lenses. What I have found is that I make a bit of that money, but it’s not the bulk of my profitability on Squidoo.
2. Affiliate marketing money — 1 of the best perks of placing your content on Squidoo is that they openly allow you to have affiliate links. I despise the way hub pages cracks down on how many links you can have going to which site. I feel that should be a decision the creator of the page makes. Squidoo doesn’t care if you link to ClickBank, Share a Sale, PayDotCom or any other affiliate program. You can even make lenses that do nothing but review existing products.
3. Direct product sales — have you written your own e-book? Do you have private-label writes articles to sell? Are you selling items on eBay, or your own website? Then Squidoo can help you amp up your direct product sales. One of the first things I do what I have a new e-book or articles that ready for my PLR Mini Mart is create a lens about it. I get indexed quickly and Google, and I start to see that my lens is being found for important keywords.
4. Freelance service cash — know how I got my start on Squidoo? I was actually showcasing my ghostwriting skills to prospective clients. When I hit the $10,000 mark, I realized there was a lot of profit potential in the site for other means, not just freelance advertising.
5. Sell space on your lens — lenses on Squidoo have their own page rank in Google, which is very important. If you have a lens that has a page rank of four or above, you may be able to sell a spot on your lens to offer a back link to a hungry marketer in your niche.
6. Sell off your lens for cold, hard cash — in my book Flip That Lens, I teach people how to create Squidoo lenses for hungry niche marketers, and then flip them for immediate profits.
There are many ways to profit from Squidoo — but first you have to learn how to use the system. If you don’t yet have it, I highly suggest you invest in a resource that teaches you the Squidoo ropes. Squidoo now has an Answer Deck, which is a user compiled page that lists all of the helpful lenses for new lensmasters.
However, most of the lensmasters are not in the same type of marketing realm that you are. They may be happy with the money they make on Squidoo, but it may not be a full-time job to them, or they may despise marketing altogether.
In my book, Social Networking on Squidoo, you’ll learn exactly how to set up a Squidoo lens from scratch, along with the strategic elements that you need to know to help perform to its best ability in your niche.
Have questions about Squidoo? Ask me and I’ll answer them here!
Tiff 
Written by tiffadmin on July 27th, 2008 with 1 comment.
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