A Money Making Equivalent To Blogs
Here is a free blog type website which takes all the hassle out of the setup.
Heres how it works.
The organisation has setup a website where you can create your own “lens”. A one page website essentially. The layout has Ads already built into it. The revenue from the ads is shared with the “lens” owners. See notes below taken straight from their FAQ.
You can create as many lens as you like.
Here are the notes from the FAQ.
“For a while (as with most startups) we expect our overhead will be greater than our income stream. We still need to pay our fixed costs (like servers and tools and staff salaries) or else we can’t keep running and building the service. So, all revenue that comes in goes first to our overhead. Then we honor our 5% charity commitment.
Then, we divide it among lensmasters as follows:
AdSense revenue (these are the Google ads you see on every lens): This money goes into a pool, so as to avoide clickfraud. Half of the pool distributes out to lensmasters, on a PayRank scale that is based on a lensmaster’s average LensRank and traffic.
Affiliate revenue (ie, referral income–like Amazon and eBay and CafePress and SuperStore sales). This is directly attributable to the lens that generated the revenue, and is not pooled with the whole co-op. The lensmaster gets a straight 50%.
So, once we are at scale and overhead is being covered, if your lens sells 1 book and Amazon pays us $1.05 in affiliate income, we send a nickel to charity and fifty cents to you.
Every quarter, we’ll publish all our numbers so you can see exactly how much money was distributed to lensmasters and to charity.
We will also show your estimated earnings on your MyLenses page. This number will be updated daily.
We will also make an educated (we hope) guess as to what the maximum deduction for overhead is, and even if we’re wrong–even if our overhead is higher than we thought or our income is lower than he hoped–we’ll stick with our guess and take a hit. So you never have to worry about getting less than promised from your affiliate links.
If you’ve got suggestions for how to improve this plan, or how to explain it more clearly, please drop us a line here. ”
Looks like a good way to go if your getting started. No hassle setup and good ads with good placement already built in. Downside is you only get a share of the profits.
Heres the link http://www.squidoo.com/
Filed under: Net Marketing • Resources
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