It means something was sold. Ad royalties don't show up in the dashboard.

Heath: Weird! Wonder what sold?

And for Travis: SMACK!

Gil: You've got to be kidding. Almost none of the truly TOP lensmasters have high "average lensrank." Surely that's not a good way to decide? Or is it *total* traffic?

Angela

I'm a little confused about what you meant by "how much is determined by their average lensrank." Help?

Angela

From Squidoo's TOS:

Two kinds of earnings: The Squidoo CO-OP divides incoming revenue into two piles. The first pile we call “pooled revenue†. This is revenue that is not directly attributable by Squidoo to a particular Lens. For example, when we sell sponsorship ads on a Search Results page. Or when an affiliate is paying us income based on our overall performance, as opposed to performance of one trackable Lens.

The second pile of earnings we call “attributable revenue.† This, you’ve probably guessed, is revenue that we choose to track directly to a particular Lens.

We use pooled revenue to pay our overhead and then allocate pay it to Lenses based on their LensRank and traffic. We use attributable revenue to pay any remaining overhead and then distribute the CO-OP share (50%) directly to the Lenses that earned it.

That doesn't address the specifics I asked about. It says that pooled revenue is shared, but it doesn't say how.

Angela

well.... I would be happy if my payments actually made it through... I haven't received a payment for the past 2 months even though my lenses have made sales and the totals exceeded the minimum payment threshold.

I think someone at Squidoo is getting rich off of my $2.07... :-)

Ronen, keep in mind that the only months we've paid out so far were April and May. Your lenses did earn money in those months, but in either month it was not enough to meet the minimum threshold. We still have those royalties in our system and they will be included in the next payout (for June). Your lenses earned significantly more money in June and July, which we haven't payed out yet, and which is probably what you're confused about.

As for PayRank, the scale we use to determine royalties from Google ads, it was already covered in as much detail as possible in this post. There is no secret formula. We figure out the average LensRank of a lens throughout the pay period, as well as how much traffic it receives, and distribute a portion of the earnings based on  how that lens compares to other lenses in the system. Then, we add up the lens totals for each lensmaster and include them in the payment.

squidoo_engineer wrote:

Ronen, keep in mind that the only months we've paid out so far were April and May. Your lenses did earn money in those months, but in either month it was not enough to meet the minimum threshold. We still have those royalties in our system and they will be included in the next payout (for June). Your lenses earned significantly more money in June and July, which we haven't payed out yet, and which is probably what you're confused about.

SWEET! I fully intend to buy a Mercedes!!! Bring it on dude!
Drinks on me.

:-)

And we're also in the process of developing better reporting tools and bank-style archived monthly statements. However, the new reporting tools won't be ready until the end of August.

So, it looks like some lensmasters are making money! That's great!! I haven't yet, but I wondered if the payout threshold is for each lens, or if I can get paid when my total from all lens reaches the threshold?

If we have an E-Bay item listed on our Lens, and it sells, do we get some kind of kickback from E-Bay?  If so, does it still count if the listed item was our own?  What about Cafe Press?

Thanks!

Excellent!  Thank you for your response!