Tuesday, January 22, 2008

How to Make Money Flipping Squidoo Lenses

How to Make Money Flipping Squidoo Lenses
Since you are reading this article, I know you are looking
for a way to make money. I figure you would prefer
something that doesn't already have 8 billion people doing
it and with a little effort, you have a realistic chance to
make money. I am about to introduce you to what you are
looking for plus it's relatively new and it's in high
demand (aka a hungry market).

Before I get into the details here's my prediction. 2008
will be the year flippers make a lot of money -- it's a hot
and growing market with a ton a demand.

You might be wondering what is flipping and also what is
Squidoo. If so, I will give you a brief overview of each.

Squidoo

Squidoo is a Web 2.0 social site that allows user to create
their own content. This in itself is no big deal but the
real attraction to Squidoo is both the user base is growing
dramatically and Google loves Squidoo pages. I get front
page Google results quite often with a good Squidoo lens.
This all leads to explosive opportunity for high volume
traffic. Of course, traffic or even the potential for
traffic has tremendous value to buyers.

Flipping

Flipping a Squidoo lens is the same concept as flipping a
house. You simply build a great lens and then sell it for
profit. Like picking a good location is important to
flipping a house, you need to pick the right niche,
keywords and content to maximize your sales price with a
lens.

So how do you do this flipping stuff?

First, you head on over to Squidoo and set-up a lens so it
is optimized for sale. This includes picking a niche along
with selecting the best keywords related to the niche. You
want to select a topic where there is a hungry market. If
you are not sure where to start for topics, you can head
over to Amazon and look over the non-fiction best seller
list to see if you can come up with ideas. There are many
other ways to find niches but I will save that for another
article.

Once you have your lens set-up, you are ready to add
content and further tweak it. The content you add can make
or break you -- so it is important you add quality content.
The nice thing about a lens is you do not need to add a
lot of content. Usually one or two 300-500 word articles
is sufficient. You will want to add affiliate links for
products that target your niche. You can also use polls to
generate affiliate revenue.

The last step is to carefully review your lens for
perfection. Just like you would wash, vacuum and wax your
car before selling it -- do the same with your lens. Make
sure it shines. Review it for typos, add images where
appropriate and confirm the layout is good.

The next step is to promote your lens. The more you can
promote it the more traffic you will get. Naturally,
traffic will lead to affiliate sales. With both traffic
and sales, you will have driven up the value of your lens.
Keep in mind, you do not have to have traffic and sales to
sell your lens but you will get a better price and more
buyers if you do.

You can promote your lens in a lot of different ways. Add
it to social bookmarking sites like Stumble and Digg. Write
articles and submit it to directories like
Ezinearticle.com, Goarticles.com and SearchWarp.com. You
can visit relevant forums and be part of the community
there. Add your lens in the signature of your forum posts.
The more promotion the better.

Ok, so now you have both built and promoted your lens. Now
you are ready to sell it. There are numerous sites for
selling including eBay, Sitepoint, forums and many other
locations.

This article is a starting point for flipping a lens. I
hope you have found this interesting and useful. Now go
flip!


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The author Tyler Monesy is an expert in Internet Marketing.
For the complete details on flipping a Squidoo Lens head
on over to http://www.flip-that-lens.com and can grab his
free cheatsheet for selling a lens here:
http://www.flip-that-lens.com/freereport

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