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Have you ever thought to make money on Pinterest?
The internet is full of opportunities to make money online. But then there are some opportunities we aren’t really cashing out on:
“The SOCIAL MEDIA.”
Social media has really evolved over the years making it very easy for users to start their own business and make earn online.
One of the best social media marketing platforms to make money would be Pinterest. Most people aren’t aware of the powers of this social media platform. For many Pinterest is just a virtual pin board
However it’s just not a place to share your favorite images, it’s much more than that. Most of you might not know, but many bloggers and entrepreneurs leverage their Pinterest profiles to earn a solid income.
Pinterest has more than 175 million active users and 85% of them are women. The best part is 87% of pinner’s have actually purchased a product because of Pinterest and 72% of the pinner’s use Pinterest to decide what to buy.
So Pinterest has a big influence on its subscribers and you cannot afford to ignore this platform.
My today’s focus would be on showing you 10 effective ways you could use to make money on Pinterest.
Before I start, I would love it if you could follow me on Pinterest
Also before we jump in to on how to make money on Pinterest, you need to make sure your Pinterest account is up to standard.
You cannot randomly just start earning on Pinterest or any other platform, you need to make a base, a following and a strategy.
Here are the Best Pinterest Strategies you would need to setup an amazing Pinterest account and drive insane traffic to your website as well.
I would also recommend you to read Carly Campbells Pinteresting Strategies; she has developed an effective strategy for Pinterest that will help you increase your website traffic tremendously.
So without further ado, let’s get on to our topic under discussion
How to make money on Pinterest?
Well there are 10 different ways to make money on Pinterest
1. Make money on Pinterest by Offering a Physical Product
If you have a physical product that you are selling, then Pinterest is the best place to market it. Think of Pinterest as a source of lead generation. Pinterest will help you grow your customer base in the most cost effective manner. Think about it, you already have the products; you just need a place to promote them and attract customers.
All you need to do is take professional pictures of the finished product or the product being used, create an amazing pin and share it on your Pinterest business page, linking it with your sales page. And then let the magic happen.
Your pin will start getting liked, pinned, clicked and discussed, all leading to sales.
2. Make money on Pinterest by Offering Services
Some of you might have a service based business offering your clients various services like logo designing, website management, web designing, digital content, customer relationship etc. Mostly people in the service business opt for websites like Fiverr, Freelancer, Upwork etc. however Pinterest would be an excellent place to get legitimate clients and make money offering services.
Start by sharing your portfolio, testimonials, DIY, even tips and tricks that can help you build rapport. You basically need to show your services worth to you client in order to draw them towards you, yes its self- promotion and it would help you make money.
3. Make money on Pinterest by selling a Digital Product
Even if you don’t have a physical product to offer, you don’t need to be disappointed. You can create and sell your own digital products.
Digital products are in a lot of demand and its growing with time. Many people, especially bloggers are making tons of money selling digital products like eBooks, online courses, printable’s, stock images, files, themes etc. so if you have an expertise on a certain topic, it doesn’t matter what, look at how others are cashing it out and follow their lines and introduce your own products. Then promote this product on Pinterest with eye catching pins.
4. Make money on Pinterest by Becoming an Affiliate
You can make money on Pinterest by posting affiliate links directly on to your Pinterest boards.
What is affiliate marketing?
Affiliate marketing is a marketing arrangement where the retailer pays the referrer a sum of commission for the sales generated from its referral. So basically all you need to do is become an affiliate for a product you like, get a referral code, link it with visually appealing images on Pinterest and promote to catch people’s attention.
For Example, if you are a travel blogger, all you need to do is link your favorite resort picture with link that leads the reader directly to holiday booking website. Though this concept seems simple and pretty easy however it’s a very deep subject but with very rewarding.
I would suggest you to take an online course by Michelle “Making Sense of Affiliate Marketing”. She earns an average of $50000/ MONTH! I took her course and let me tell you, it really covers everything you need to know about making money online. Her Strategies are amazing and simple to apply, so if you are looking to invest in yourself, this is the best way.
5. Become a Pinterest Virtual Assistant
For those who are aspiring to be self- employed the best course of action I can suggest is to be a virtual assistant. A virtual assistant is a person who remotely offers administrative, technical or creative services for small businesses. And the best place to start your VA journey is on Pinterest.
I am sure you all would be aware about the powers of Pinterest in building an audience; however it takes a lot of time and effort. But many people don’t have the time or the patience to pin regularly, or don’t have the creative sense to draw in audience towards their pins.
This is where a virtual assistant comes to help. Many people are looking to hire VA to manage their Pinterest accounts.
You can offer three types of services:
This service would compromise of analyzing the customers existing Pinterest profile, looking for rooms for improvement and implementing strategies to meet their growth aspirations.
Being a manager you would be responsible for every aspect of Pinterest; i.e.
- Creating attractive pins
- Promoting pins on Pinterest
- Auditing existing profile and making improvements
- Identifying and Implementing growth strategies
- Increasing brand presence
Pinterest Ads Manager
What are Pinterest promoted pins? Promoted pins are just like regular pins. The only difference is you are paying for them so that the target market that meets your brand requirements can see them in their search results, home feed and category feeds.
Running a social media ad campaign is no easy task. Yes there are several tutorials available over the internet that facilitate you, however in order to maximize your return you would need an expert.
So why not cash on this opportunity and become a Pinterest ads manager. Its not that simple, but its not that hard either. You would need to take a few tutorials and you are on your way.
Then we have an option of offer assistance service to our customers. You basically continue on with the existing customers Pinterest strategy and focus only on the following:
- Creating attractive Pinterest graphics
- Scheduling pins on tailwind or boardbooster
- Finding and joining active Pinterest group boards
- Manual pinning
6. Ask for Sponsorship’s
This is a great chance to earn money and get free products. All you need to do is find a niche which excites you and build your following on Pinterest. You would need to create and share content with your audience on a regular basis to keep your followers engaged and attract even more followers. Once your stats have improved and you have built a strong audience then reach out to sponsors.
This is where you need to sell yourself to them, explain them the benefit they will get from giving you a free product to test or giving you money for sharing their product.
7. Become a Pinterest Professional
Once you have mastered Pinterest yourself and have seen profound results, consider teaching those strategies to make money. Though Pinterest seems easy to use as a beginner, however if you really want to maximize its potential then there is a lot to learn.
Some of the things you can teach to your followers/ students could be the following:
- Using Pinterest analytics
- Building engagement
- Getting clicks on your pins
- Increasing traffic to your website
- Search engine optimization
You can teach through online courses on teachable or by creating your own e-book.
8. Increase Website Traffic
One of the keys to a successful any online business is traffic. The more traffic you get the more money you will make. So traffic and income both go hand in hand. One of the most effective ways to drive traffic to your online business is Pinterest. Try to build an audience on this social network, share eye catching content and try to engage your customers as much as you can. This would draw them to your website resulting in money.
9. Grow your Email list
One other way to grow your business is through email list. If you are in the blogging business you would know the importance of an engaged email list to make money online.
However remember, not everyone is willing to give their email address so easily. Due to the increase in spam and obnoxious emails, users are hesitant to share their email address.
So the question is how to draw in readers to provide their email address? One for sure way is to give out a freebie to your audience.
10. Sell Amazon products on Pinterest
Are you an Amazon associate? If you are then Pinterest is a great way to boost your affiliate sales. Amazon associates are one of the top affiliate programs on the interest, offering its users commission in return of sales.
Here is their commission rate according to products.
While I was writing this article I was amazed to know that many people aren’t aware of the fact that you can sell Amazon products on Pinterest.
Though to be fair it’s not explicitly mentioned on amazons US home page. However upon enquiry I found out it is possible
But there are certain rules you have to follow.
- You cannot create an Amazon associate account just to promote it on Pinterest
- You need to have a blog or a website where you promote Amazon products.
- Name of your website and pitnerest.com, both should be added in the “site List” on Amazon associate program
However if you are an Amazon associate outside US and in the EU or UK, they have explicitly mentioned on their website https://amazon-affiliate.eu/en/affiliate-links-allowed-Pinterest/ that’s its ok to use Amazon affiliate links on Pinterest.
So there you have it folks, 10 effective ways to make money on Pinterest. If you are aware of more ways please do share them in the comment section.