Squidoo Payday FAQ
It never fails, every month on payday the same questions are being asked in the SquidU forum. Most of them by new lensmasters, but surprisingly, there's also quite a bit of confusion among some who have been around for a while.
Figuring out how the payout works was one of the first things I wanted to learn as a new lensmaster. I asked a lot of questions in the forum, and I asked some to Squidoo HQ directly. I've been around for a while now, and I'm just about certain I have it straight. ;)
I always help answer questions in SquidU, and thought it was time I wrote out everything here in one place. Hopefully you find it helpful.
What is the minimum payout?
Can I change the default?
$1.00 is the minimum amount required to receive a PayPal deposit from Squidoo.
You can select the amount you want to reach before you get paid. Start by going to your dashboard. Select the My Profile tab. Scroll down to your Payment Settings. One of the options there is Cash Payout Threshold:. Click on the Change link next to it. You will be able to choose from $1, $5, $10, $15, $20, or $50.
I always suggest setting your threshold to $1.00. You only see your individual lens pay stats when you reach your threshold and get your PayPal deposit. If you want to wait for a higher sum you can leave it in your PayPal account before transferring it to your bank account.
If you do not reach your Cash Payout Threshold your earnings are held in your "Reserve Hopper" until the next month, or as many months as it takes to reach it.
*** Update: Starting with the July 2014 payout, HQ is changing the cash payout threshold to $25. ***
When will I see my first payout?
How long until I start earning money with Squidoo?
If you have sold an item through your lens right away your first payday will be 2 months after you published your first lens. Squidoo's payout schedule has a two month delay. Money you earn in January, for example, will be paid out to you in March.
If you haven't made any sales yet through a money maker module, your first payday will come the following month (3 months after publish).
After their first month lenses start to earn a portion of Squidoo's AdSense revenue, so even if sales are few and far between you will typically see a payout every month after that.
One reason you wouldn't is if the lens is a WIP lens, a Work In Progress. If your lens has a
symbol on your dashboard it's WIP.
What day of the month do we get paid?
When is pay day?
According to Squidoo, expect it on the 15th of the month, and if it comes before that it's early. They really just say that incase they run into a snag. Payday is usually well before the 15th. Update: It's now usually very close to the 15th.
2014 payout dates:
2013 payout dates:
2012 payout dates:
2011 payout dates:
2010 payout dates:
2009 payout dates:
2008 payout dates:
2007 payout dates:
How is AdSense paid out to lensmasters?
What are the payout tiers?
AdSense and Glam Ad revenue is not paid out based on clicks from your lens. The amount generated by all of Squidoo's lenses is added together and divvied up based on a Tier system.
There are usually 3 Tiers, I've seen a 4th reported on rare occasions. The "best" (read: worth the most $) is to have a lens in the first tier. The average lensrank, per lens, per month, is used in determining which Tier your lens falls in for payday.
The lenrsanks posted below are rough guidelines. Lens averages might be off by mere decimals from one another. After your lensranks are averaged they are then reordered based on the calculated ave. of all other lenses.
Tier 1 is for lenses with an overall lensrank of 1 up to 2,000.
Tier 2 is for lenses with an overall LR of 2,001 up to and including 10,000.
Tier 3 is for lenses with a LR of 10,001 up to 85,000.
Each month the amount each Tier receives varies depending on sitewide traffic and Ad click-throughs.
As an example, on the December 2008 payday:
Tier One got 25% of the ad pool
Tier Two got 17% of the ad pool
Tier Three got 8% of the ad pool
These are all of the previous tier payouts since this system was implemented:
2007 Ad Pool
July 6, 2007
August 6, 2007
September 7, 2007
October 10, 2007
November 7, 2007
December 12, 2007
2008 Ad Pool
January 8, 2008
February 7, 2008
March 8, 2008
April 8, 2008
May 7, 2008
June 4, 2008
July 10, 2008
August 7, 2008
September 8, 2008
October 6, 2008
November 10, 2008
December 11, 2008
2009 Ad Pool
January 9, 2009
February 10, 2009
March 11, 2009
April 7, 2009
May 14, 2009
June 10, 2009
July 10, 2009
August 13, 2009
September 15, 2009
October 8, 2009
November 5, 2009
December 15, 2009
2010 Ad Pool
January 12, 2010