Thursday, August 7, 2008

Squidoo Experiment Update #2

I just received my Squidoo payment for the month of June and was pleasantly surprised. I got $50, up from the $23 last month!!! I did have quite a few more lenses in June than in May, but the payout tier #'s were pretty much on course. I don't think I described the Squidoo payout system in my earlier post, so I'll do that now, or make my best attempt at an explanation.

Squidoo pays out on a tier system made up of 3 "tiers." The tiers are broken down by lens rank with the top tier having the highest lens ranking and so on. There is some debate regarding how Squidoo determines what a certain lens' lens rank is when it sets the payment tiers. I always assumed the lens rank was the average ranking the lens had for the month, but things couldn't be that easy......No, Squidoo apparently feels the need to be somewhat secretive about whether they use lens rank averages or just "randomly" choose one day of the month and take a snapshot of the true lens ranking when making determinations on tiers. I have more to say on this, but will save it for another day....

Here is the breakdown in tiers for the month of June:

Tier 1 - $7.78
Tier 2 - $1.32
Tier 3 - $0.07

I had 4 lenses in the top tier, compared to just 2 in May, so I am pleased with that ratio. I did have quite a few more total lenses in June than I did in May so my payday could have been a LOT better if I had been able to squeeze a few more of those into the second tier, but I'm not going to complain about almost doubling my payment from month 1 to month 2. I can't wait to see the payout for month 3!!!!

You can see my post from last month HERE Sphere: Related Content

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