Writing for Your Wealth

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Make Money and Build Passive Income with Squidoo

August 11th, 2008 · 7 Comments

SquidooAs frequent readers already know, I make a living by writing content for my sites, but when I started this blog, I decided I would explore other ways to make money and build passive income through writing. After all, one of the keys to lasting success is to keep learning!

Squidoo is one way writers are earning money online. You can create pages (they call them “lenses”) on any subject you want, and then insert affiliate links and advertising to turn them into passive sources of income. Essentially, it works the same way building a blog does, but you get to take advantage of the fact that Squidoo is already a big, popular authority site that’s well liked by the search engines. It doesn’t take as long to start getting traffic as it does with a brand new website.

Of course, for providing this free platform for you, Squidoo is going to take its cut, but the company and its lensmasters donate thousands of dollars annually to various charities, so there’s no evil empire aspect about it.

Some money-making methods I’m content to simply learn a bit about, but others I’m excited to try first hand, and Squidoo definitely falls into that second category for me. Alas, I’m a newbie over there, so I decided to find someone with more experience to give you the real scoop.

Interview with Stay-at-Home Mom and Squidoo Pro

With less than 100 lenses (at the time of this interview anyway), “Janet21″ is already making hundreds a month from the program. She was kind enough to answer some questions and explain how exactly she makes money with Squidoo:

Janet, I’ve read your “Are You a Stay at Home Mom (or Dad)…” lens, so I know a bit about your story, but for my readers would you mind sharing what brought you to Squidoo and making money online?

I was posting on a Webmaster forum while trying to promote my image hosting website when someone brought up the topic of Squidoo. I initially set up an account on Squidoo to help drive traffic to my hosting site, but I soon realized there was so much more I could do with this free platform. Having been a stay at home mom for over 8 years, I was more than ready to begin earning an income and contributing to the household expenses. And since my image hosting site did not take off as planned, Squidoo came at just the right time.

My site is all about empowering writers to increase their wealth using their words–is Squidoo a good opportunity for those who enjoy writing?

Most definitely! Squidoo enables lensmasters to write about topics they enjoy or share information they are passionate about and they can earn money in the process.

How exactly do you earn money from Squidoo?

There are four ways to earn money on Squidoo:

1. Ad revenue (Google and Glam ads). This revenue is shared with lensmasters based on the performance of their lenses.

2. Affiliate sales from Squidoo money making modules. (Amazon, eBay, Cafepress, etc.)

3. Inserting your own affiliate links through Commission Junction, Shareasale, Linkshare, etc.

4. Squidoo helps you drive traffic to your own personal websites and this can increase your sales and earn you money as well.

Do you have to put a lot of work into promoting your lenses or does a lot of the traffic come naturally through search engines?

Honestly, I do not spend a lot of time promoting my lenses. After I create a lens, I submit it to a few Squidoo groups and directories. I occasionally digg a lens if I feel it is a hot topic. And, that is about it.

I receive traffic from many different sources including: search engines (naturally), Squidoo directories, my blog, social networking sites, word of mouth, cross traffic from my other lenses on a similar topic, traffic from within Squidoo, etc. I like the diversity of my lens traffic. For the most part, traffic for each of my lenses comes from a different mix of sources, which in my opinion is better than receiving too much of your traffic from one source.

I’m guessing that for all the people creating lenses on Squidoo, only a few are making decent money. Do you have any suggestions for those who want to be successful?

Always write about topics that interest you and create a group of lenses around each topic/niche you decide to cover. The more specific and focused your lens is, the better chance it has of becoming successful. That is very important.

Also, be sure to include some money making modules within each of your lenses to promote products that relate to the topic you are discussing.

Lastly, but most importantly, get involved in the community. Squidoo is a social networking site afterall and lensmasters that are the most active in the community tend to achieve the best results.

  • Join the SquidU forums
  • Visit other lenses and leave a thoughtful comment
  • Submit your lenses to Squidoo groups
  • Join lensmaster fan clubs and send out Squidcasts when you have something interesting to share
  • Use the lensroll feature to spotlight other lenmasters work that you like
  • Most of all, have fun!

See more of Janet’s work by visiting her Squidoo lensmaster home page at Janet21.

Tags: Interviews

7 responses so far ↓

  • 1 Scott @ The Passive Dad // Aug 12, 2008 at 3:34 pm

    What an amazing story about Janet’s work on Squidoo. I too would love to earn some passive income off my Squidoo lenses, but have only earned a few dollars so far. I think the key is to be more active on Squidoo. Great interview and post!

  • 2 Hunter Nuttall // Aug 12, 2008 at 7:12 pm

    This is interesting, but I wonder if it’s worth taking time away from your other income sources.

    Janet21 is making hundreds of dollars a month with less than 100 lenses. Which is great, but in the time it took to create those 100 or so lenses, she could have written hundreds of blog posts instead, or maybe some ebooks.

    What are your thoughts on how to allocate your time between different income streams?

  • 3 Lindsay // Aug 13, 2008 at 3:32 pm

    Hunter, I was actually thinking it’d be worth devoting a blog post to focusing on your own sites versus making money from sites such as Squidoo, eHow, Associated Content, etc.

    Personally, I don’t like sharing the revenue cut, but then I’ve already put in the years to build up a big blog of my own. If I were starting today, I might be tempted to start my own blog but also devote some time to piggybacking off the success of these authority sites to start bringing in money a little more quickly. Most blogs probably aren’t going to be that profitable after six months, but you could definitely have some lenses making money in that time (especially if you work on getting outside links).

    Also, it’s going to be a bit on what appeals to people. Some folks don’t want to write ebooks and create their own products. And some folks would rather have multiple projects than post to the same blog several times a day. The community aspect of belonging to sites such as AC and Squidoo will appeal to some people too.

    I actually ignored Squidoo and AC for a long time, and then when I started this blog, I realized a lot of the people I wanted to reach, who I thought would benefit from reading this blog, are hanging out in those places. I’ve gotten quite a few visitors here just from links placed in my profiles there.

    So, to answer your question not-so-briefly, I’ll always recommend putting the focus on your own sites first, but there’s no reason not to explore other options as well (and there may be good reasons to).

  • 4 Robin // Aug 16, 2008 at 4:37 am

    Hi there Lindsay - Can I ask you a question?

    If you have a blog and you start doing lenses on Squidoo, is it the idea that you create different content - if you just put in your blog posts, would Google penalise you for duplicate content, even if you alter it slightly?

    Thanks - Robin

  • 5 What to Do with Old Blog Posts - Tip#8 Squidoo!! // Aug 16, 2008 at 10:06 am

    [...] This post was inspired by businessandblogging reader Lindsay, Writing for Your Wealth, and her article Make Money and Build Passive Income with Squidoo [...]

  • 6 Lindsay // Aug 16, 2008 at 1:11 pm

    Robin, I’d take the same research and write two different pieces for the two different places, maybe with a bit of a different angle.

    Don’t worry so much about being penalized by Google but about wanting to give your readers good information. Let’s say they find your Squidoo lens and then click through to your blog post. If it’s the exact same information, they’ll just leave because they’ve already read it. But if it goes into more depth on what you wrote at Squidoo, they’ll be glad they checked out your blog, and maybe they’ll add it to their news reader and come back again and again. :)

  • 7 maria // Sep 2, 2008 at 9:06 am

    Hello Lindsay,

    I found your interesting blog through Squidoo.
    Glad I did. Lots of excellent advice here. Thanks.

    Maria

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