Understanding Squidoo

Squidoo is a shared revenue website that lets its members create pages and earn revenue from the traffic these pages bring to the website. As a beginner on Squidoo, it may be a bit difficult at first to find your way around the website so the first thing you need to do is familiarise yourself with the language spoken at Squidoo. Before you dive in and start lensmastering with the best of squids, here is an explanation of some of the most common terms you will come across when using Squidoo.

A Squidoo lens, or lens, is a page on Squidoo that you can create on any topic that you like; it can be about a hobby, a celebrity, an event or even a website that you want to bring traffic to by using Squidoo. The best thing about lenses is that they are free and easy to create and anyone can create as many lenses as they like. Some members have just one lens while others have hundreds.

A lensmaster is a person that creates at least one Squidoo lens. Of course you may find that creating lenses and experimenting on Squidoo is so much fun that you might become a Squidaholic, as Squidoo can get quite addictive; making lenses and earning revenue on Squidoo is a great way to pass the time.

Lensrank as its name suggests is the rank obtained by a lens and also the basis on which the revenue earned by each Squidoo lens is decided. It is always best to aim for a low lensrank as lower ranking lenses are the ones that earn the most revenue from Squidoo. The algorithm on which Squidoo lensrank is calculated is a secret a lot of lensmasters would love to get their hands on but in most cases, high quality lenses that are original and attract high traffic are the ones that are rewarded with a lower lensrank.

Modules are what Squidoo lenses are made of; they can be described as paragraphs but they are much more than that as lensmasters can select a whole array of modules to add to their lenses. Even though a Squidoo page can be simply made out of articles, Squidoo has a selection of text, photos, video, polls, affiliate modules and much more to choose from that make Squidoo lenses look original and attractive.

Royalties are the revenue earned each month by lensmasters. Squidoo is a shared revenue website, which means that the total money earned by all the lenses is fairly divided between all lensmasters; Squidoo uses adsense and its affiliate modules to monetize its website. Some of the money is given to charity and the rest is divided between Squidoo and the lensmasters. Lenses with a low lensrank earn more than lenses with a high lensrank and lenses that earn revenue from sales made through affiliate modules regardless of lensrank keep a portion of that revenue too as royalties.

People all over the internet are raving about web 2.0 websites and Squidoo is one of the best web 2.0 platforms that can be used not only for getting traffic to a website or blog but also as a very smart way to earn revenue online. As far as shared revenue websites go, Squidoo is one of the most rewarding ways with which people can earn revenue online and it is difficult to find a website that is more fun to be a part of and also very fair to its members.