Advertising
Advertising

7 Effective Ways To Make Money With Pinterest

7 Effective Ways To Make Money With Pinterest

Looking for ways to make money with Pinterest? Rather than looking at Pinterest as a simple photo-sharing network, consider it your own global bulletin board. In November of 2013, Pinterest had 70 million users, 80 per cent of them women, and received 2.5 billion page views per month.

There are many ways to make money with Pinterest, and as the network continues to grow, your opportunities will grow too.

Let’s look at some effective ways in which you can make money with Pinterest.

1. Follow your passion, build an audience and sell to them.

What are you passionate about? If people are spending money in an area you love, you can make money.

Advertising

Let’s say you’re a fitness junkie. You love being fit, and staying fit. You choose a target audience: women in their twenties who want to be fit and attractive. Create a Pinterest account and boards that attract this audience.

Get followers to your boards, and create a mailing list. Some keen Pinterest users have a million followers and more. You don’t need that many followers to your account to sell to your audience. If you don’t know what to sell, don’t worry. Once you have a few thousand followers, marketers will approach you with offers.

2. Choose a company to promote, and ask for sponsorship.

Target a group, and build your Pinterest followers as we discussed above. Then select companies offering products that appeal to your audience. Staying with our “fitness” audience, you could approach companies that sell gym machines, or sports drinks.

Share your Pinterest account’s statistics with the companies you approach, and ask for sponsorship. Offer them a deal: they can use their branding on your account for a year.

Advertising

3. Promote affiliate products.

Many companies want affiliates who will promote their products for a small commission on the sales that result. Find companies that sell products you can promote, and sign up as an affiliate. Then promote the products on your boards, using your affiliate links.

Tip: use an URL-shortening service like Bitly to manage your links. You’ll be able to track your pins and boards for the number of clicks.

Regarding spamming. Periodically Pinterest takes action against affiliate marketing spammers. If you get caught up in this, link your pins to your own website, where you can use affiliate links.

4. Use search engine optimization (SEO) strategies to get found on Pinterest.

If you want to make money on Pinterest, people have to be able to find your pins and boards, so use SEO strategies. Not only will you be found on Pinterest, you’ll also be found via the major search engines, like Google.

Advertising

Make the most of your “About” profile. You’ve got 200 characters (around 50 words.) Be clear and descriptive, using the keywords you expect searchers to use.

Also, use SEO strategies on your pins. Each pin allows you 500 characters (around 100 words) of description, so make the most of it by adding keywords and links. Include keywords naturally, rather than in a spammy way.

5. Create contests on Pinterest to sell your own products.

Perhaps you want to sell your own products on Pinterest. Consider creating contests. They’re popular, and can help you to make money.

However, keep Pinterest’s guidelines in mind:

Advertising

Contests are a common tactic businesses use to get people to engage with their brand, and we’ve learned a lot about how they work on Pinterest. Done well, they can be a trigger to help people think about and talk about your brand. But they can also motivate people to add Pins they aren’t truly interested in, which is why Pins from contests can often feel irrelevant and even spammy.

Pinterest guards its users’ experience. This is wonderful because it ensures that the network will continue to grow.

6. Re-pin others’ pins to win an audience and make money.

Pinterest is a social network, so the easiest way to get people to re-pin your pins is to be active. Pin others’ pins, particularly those people in your target audience. They will notice you, and may even start following your boards.

7. Make money by teaching Pinterest strategies to others.

As Pinterest continues to grow, a small industry has developed around it, with people developing tools to help Pinterest users.

After you’ve been using Pinterest successfully for a while, consider making money by teaching your strategies to others. Create e-books and courses teaching what you’ve learned.

So there you have it: seven effective ways to make money with Pinterest. You’ll also develop further strategies of your own when you become active on the network.

More by this author

I Have 14 Ideas to Make Money on YouTube. Do You Have 3 Minutes? 7 Effective Ways To Make Money With Pinterest PicMonkey image editor The 10 Best Photoshop Alternatives You Need To Know Read This If You Want To Have A Better Yoga Experience Google search 12 Google Search Shortcuts That Make Searching Even More Handy

Trending in Money

1 How to Use Credit Cards While Staying Out of Debt 2 How to Use Debt Snowball to Get out from a Financial Avalanche 3 How Personal Finance Software Helps You Get More Out of Your Money 4 The Best Ways to Save Money Even Impulsive Spenders Can Get Behind 5 How to Answer the Tough Question: What are Your Salary Requirements?

Read Next

Advertising
Advertising
Advertising

Last Updated on March 4, 2019

How to Use Credit Cards While Staying Out of Debt

How to Use Credit Cards While Staying Out of Debt

Many people will suggest that the best thing to do with your credit cards during these tough economic times is to cut them up with a pair of scissors. Indeed, if you are already in huge debt, you probably should stop using them and begin a payback strategy immediately. However, if you are not currently in trouble with your credit cards, there are wise ways to use them.

I happen to really love my credit cards so I will share with you my approach to how I use mine without getting into deep financial trouble.

Ever since about 1983 when I got my first Visa card, I continue to charge as many of my purchases as possible on credit. Everything from gas, groceries and monthly payments for services like my cable and home security monitoring are charged on credit. Despite my heavy usage, I have maintained the joy of never paying any interest fees at all on any of my credit cards.

Advertising

Here are some tips on how best to use your credit cards without falling into the trap of paying those nasty double-digit interest fees.

Do Not Treat Credit Cards as Your Funding Sources

Too many people treat their credit cards as funding sources for major purchases. Do not do this if you want to stay out of trouble. I use my credit cards as convenient financial instruments so I do not have to carry around much cash. In fact, I hate carrying cash, especially coins. When you buy things on credit, the purchases are clean and you will not get annoying coins back as change.

I do not rely on my Visa, MasterCard or American Express to fund any of my purchases, large or small. This brings me to my golden rule when it comes to whether I will pull out any of my credit cards either at a retail or online store.

Advertising

I never purchase anything with my credit cards if I do not have the actual cash on hand in my bank account.

If I really cannot pay for the item or service with cash that I already have at the bank, then I simply will not make the purchase. Remember, my credit cards are not used as funding sources. They are just convenient alternatives to actual cash in my pocket.

Make Sure to Always Pay Off Balances in Full Each Month

The next very important part of my overall strategy is to make absolutely sure that I pay the balances in full each and every month no matter how large they are. This should never be a problem if the cash has been budgeted for my purchases and secured in the bank. I have always paid my full balances each month ever since my very first credit card and this is why I never pay interest charges.

Advertising

Using Credit Cards with Rewards

Most of my credit cards are of the “no annual fees” type, including one MasterCard on a separate account I keep at home as a spare in case I lose my wallet or incur any fraudulent charges. However, I do use a main Visa card which does have an annual fee because all purchases on that card reward me with airline frequent flyer points. For me, the annual fee is worth it since I do travel and I get enough points to redeem many free flights.

You have to decide for yourself if you will charge enough purchases on credit each year without paying interest charges to warrant a credit card that rewards you with airline points (or other rewards). In my case, the answer is “yes” but that might not be the case for you.

I occasionally use a MasterCard or American Express card on small purchases just to keep those accounts active. Also, I have been to the odd retailer that accepted only a certain type of credit card, so I find that having one from each major company is quite handy. Aside from my main Visa card which earns the airline points, the rest of my cards are of the “no annual fees” variety.

Advertising

So this is how I use my credit cards without getting into any financial trouble with them. This strategy is recommended only if you are not in debt, of course. In fact, it is worth keeping in mind once you’re out of debt so that you can keep your credit cards active and treat them responsibly.

What are your credit card usage strategies? Let me know in the comments — I’d love to hear what methods you use.

Featured photo credit: Artem Bali via unsplash.com

Read Next