In the ever changes Internet world it seems that every single week a new Internet sensation explodes onto the market. Well, it’s happened again with the introduction of Pinterest.
If you do not know much about it yet, don’t worry, you soon will. It’ll be all over the news just like Facebook and Twitter. Then the time will come when we’re sick of hearing about it.
What is Pinterest?
A social site that allows you to create boards and post pins to it. Pins are pictures that can be extracted from any website and then added to your boards.
I know, I know, more social stuff to do and another place to waste precious time.
However, I think this is going to be useful in the make money online world. So the biggest question and the reason you are reading my blog is to find out how to make money with Pinterest.
So How Do You Make Money With Pinterest?
Well a couple ways really. (NOTE: I am still experimenting and will have some feedback shortly).
But, this is how I see making money with it for now. Sine you can pin up pictures and it generates a link back to the page where you snagged the picture from you can drive sales to an affiliate page of yours.
For instance, if you have a blog that promotes Baby Grand Pianos and someone clicks through on your link from Pinterest back to your blog site and ends up buying through you, you make money.
Pretty simple, eh?
I have yet to try to send directly through an affiliate link and I suppose I’ll be trying that as well over the weekend. I’ll keep you updated as to any results or if this will work.
Moreover it’s at least a great way to get traffic to your blog or website. So if you need more traffic I highly suggest coming over to Pinterest and starting to post as many pictures from your websites as possible.
Some early tips for the best results with Pintrest.
I’ve already noticed with Pinterest you need to have unique pictures or inspiring pictures to get more attention. For instance, a picture of a baby playing a piano would get more attention than a picture of a TV remote; a cute picture of two kittens playing would get more attention than a picture of a set of muddy shoes, etc.
So far the pictures I see doing well on the site are pictures of:
Unique foods (pretty cakes, etc)
Cute pets and animals
Photography studio pictures
Unique gift ideas
Hair and design
I am sure there are many other categories that are being used too. Go easy on me right now, it’s all brand new.
If you own a business (whether your own personal business or an affiliate work at home style business) I think you'd do well to make money with Pinterest.
I think the gift area has some real potential to be a money maker at Pinterest unless they completely turn off any ability to link to things at some point.
I also think using their site to get traffic to places like Youtube videos and other video sites will be extremely useful.
I was checking one video still frame that was posted on Pinterest that lead back to a Youtube video about hair braiding. This video had over 180,000 views from Pinterest alone in the last few months! That is substantial!
If only 1% of those viewers clicked on just one of your ads that would be 1800 clicks. I am not sure how many people click the ads from Pinterest or what they’ll go onto buy as of now. But, I will say this, if you’re not on the site testing now you’re missing out!
On a final note if you check out the stats in Alexa for Pinterest you’ll find that so far 80% or more of the sites users are female! So if you are promoting products that are useful to the female population you’ll probably have more success making money with it.
Another funny note by looking at Alexa keywords coming into the site is that people are having a hard time spelling it. Just look at some of the terms people are typing in to find Pinterest:
Pintrist, pininterest, pin- interest and pintereste. So you can see it’s so new that many people are just frantically searching to find “what the heck” it even is.
So if you’re looking to drive more traffic to you site or make money Pinterest might just be a nice free way to attract new visitors! Go give it a try for yourself. It’ll take a few days to get an account approved but it’s worth experimenting with (at your own risk as I am not 100% sure on their rules yet – it’s not clearly defined, but I see other people using it commercially).
Pinterest Update JAN 5 2012:
I tested posting direct affiliate links on the site for a few days. I just used direct Amazon products. I found that all male products did terribly. This is about what I assumed. Female products with bright colors did well and I actually had quite a few repins of the products I posted. I posted about 20 pins total (nothing crazy) and made about $10.18 so far with only about 15 minutes of total work. I expect the few pins I put up will make more money over time.
That's not awesome but what it does tell me is that from clicks on pins put on Pinterest you can make money an you can also scale it up.
What I suggest is this: Make your own blog based on a female oriented niche market and put good pictures on it for every product you promote on the blog. Then simply pin those images to Pinterest. You'll want to promote as many images as possible. The more the better. Also note that so far brighter more vibrant colors tend to catch the female viewers eye more (at least from this experiment).
In my opinion to make a fortune from Pinterest users lone you'll need a lot of Pins! I would use this more as a means to help promote your website rather than the ultimate solution.
If you do not know how to build a blog yet go grab my free course here.
Pinterest Update: June 19 2012:
The best way to use Pinterest to make money is to funnel everyne right to your website. I was looking over their TOS and they seem to have made it more clear as to what constitutes as promotional stuff. Plus, Pinterest is making money through their own affiliate links on the site trough sites like Amazon.
I have a feeling in the nea future they'll install some sort of advrtising system and really start monetizing the site for themselves, much more.
So in short, add your pins and direct people back to your sites and not through affiliate links directly.