If you want to make money on Pinterest following are a couple of effective ways you can use given the visual feature of the website and the broad audience it has.
1. Affiliate Marketing:
One common way of making money on Pinterest is affiliate marketing.
What you need to do is create a pin that links to a product or service, using a link with your own individual affiliate code.
In return for each sale made via your links, you will get a percentage commission from your referral. To get started:
A) Try to become a member of affiliate programs such as Amazon Associates or ShareASale.
B) Create attractive pins according to your audience.
C) Try to “sleep in” with the platform you advertise and offer it – great quality trumps quantity in this field.
D) Make use of SEO. Try to fill your pins with as many appropriate keywords as possible since Pinterest SEO can impact the visibility of your pins.
2. Sponsored Content
Submit sponsored posts created in collaboration with brands.
When you promote their products through your pins idea pins or regular pins, the brands pay you in that case. To maximize this method:
A) Identify and tag sponsored content through Pinterest paid partnership tool
B) Better Engagement if your audience fall under targeted market of the brand
3. Selling Products
If you are selling, either digital or physical, it becomes an independent channel & does very well.
You’re able to:
Promote and sell products such as eBooks, printables or merch.
Image and product rich pins that link straight to your online store
4. Traffic Generation to Your Blog or Website
Drive traffic to your blog/website: if you have a blog or website, then Pinterest can be used to divert the traffic there. This can mean more ad money and bigger sales of digital goods.
Then you can start utilizing Pinterest toCreate engaging pins → Board for the same → Stick pin board | with your posts. Use SEO techniques to make your content more searchable
5. Creating Group Boards
You can also join of create group boards in particular niches which can help increase your reach. You can:
A) Offer invites to these boards, and let others pin their content.
B) Over the years you can offer promotion services: pin other’s products to these boards, using their following so both of you win.
6. Utilizing Idea Pins
Idea Pins let you produce interactive content and can include video and multiple images.
In its current state, it is not supporting for any direct linking but the day is might never far away when you can easily (and effectively) monetize your shortlinks spending zero.
Tips for Success
Create a Business Account: This will give you analytics as well as idea pins and product catalogs.
Create Great Quality Content: Make sure you are putting out pins(Everyday 30 Pins) that are good enough to be saved and shared.
Use Keywords For SEO: Include keywords in your pin descriptions and titles for better searchability.
This will help you turn your Pinterest presence into a passive income stream and in-turn earn sustainable money.