How To Make Money on Pinterest For Beginners? Step By Step In (2023)

How to Make Money on Pinterest with Affiliate Links, Blogs or Without a Blog?

Why Pinterest is So Popular & Good for Business?

The reason why making money using Pinterest is so effective is because Pinterest is like a search engine. And search engine traffic is the best for you to find Buyers for your product online. Some Interesting facts about Pinterest:

• Nearly 50% of people with an income of $100,000 in the US are on Pinterest.

• The platform is untapped and has the highest conversion rates for businesses.

• 77 are females and 14% Male, with the rest unknown.

• The Majority of Users are from the US, Germany, France, and the UK

• As per these statistics, we understand that, if your pin is discovered through searches done by users, you are going to get some high conversion.

Since Pinterest uses High-quality Images and graphics, people are likely to click on your website attached to that post. If your website has a great display of what you have to offer, the conversions are really high.

Pinterest has recently updated the Pin formats to attractive GIFs, short videos, and animated graphics. These have increased the engagements of the users which gives a lot of spike in the ROI for many businesses.

One of the craziest things about Pinterest marketing is that, if your pin is great with attractive content it’s likely to go viral using Tailwind Tribes. We will discuss more Tailwind and Tailwind tribes in the later part of this blog.

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Starting a Blog or a website For Beginners:

Starting a Blog or having a website is required for you to do Pinterest marketing and Make Money on Pinterest. The platform doesn’t allow spamming of links originating from redirect links or any other unknown referral sites.

Blogging has become the most popular form for making money online, whether it is through articles or using the YouTube platform. If you want to start building a new website or start a blog you need few steps to do it.

Select a Profitable niche:

Selecting a niche that you are familiar with and passionate about is the most important part of starting a blog or website. You also need to see how profitable that niche will be for you in the long run. This is important because if you choose what you love, you will have the motivation to keep on going in your blogging journey.

Choose an attractive domain name:

To start the blog with your niche, you need to choose an attractive domain name. Most people prefer to choose a domain name related to the product or service they are into. This is attractive but not necessary. However, make sure you choose a very easy-to-remember and short domain name.

Buy a hosting account:

Based on the traffic you will receive and the data you store in your blog or website choose the hosting account. I suggest you just start with the basic and cheaper hosting account. Always go for WordPress hosting, which has a tremendous advantage for you in SEO and ranking that blog in the search engine. Go for the Blue Host Webs Hosting & Domains, which is the number 1 recommended platform by WordPress.

Put out content consistently:

Here come the most difficult and the most important part of blogging, which is putting out high-quality content very consistently. You have always heard that ‘content is king’ which is really true. In the long run, if you put out high-quality content that people are looking for, it will build trust and authority for your site.

That will eventually skyrocket your ROI because people buy from those they trust. Before we further continue our study on How to make money on Pinterest make sure to check out the Top 10 Most powerful Tools to Succeed in Making Money Online.

7 Ways To Make Money on Pinterest (2023):

To make money on Pinterest you first need to learn how the Pinterest platform works. Pinterest marketing is the most popular form of online marketing these days, more popular than Facebook and Twitter. The reason why Pinterest marketing works so well is that; Pinterest is a search engine with many rich Media, pictures, and videos.

The most converting website traffic is the search engine traffic and YouTube traffic. So Pinterest is both a search engine and also videos can be included in the pins, with the new updated features on Pinterest. Now let’s see some of the easy ways on How to make money on Pinterest in 2021.

1. Make Money on Pinterest with a Blog:

Before you start driving traffic to your blog or website using Pinterest, you need to properly set up your account and Pinterest Boards properly. Even if you have an eCommerce store with Etsy or Shopify you can drive traffic using Pinterest and make money, by leveraging the search traffic.

90% of people buy a product online after seeing Pinterest Pin within the platform. One great way to make money using this traffic is through ad monetization with Google or another platform. Make sure you watch the video on How to Drive Traffic to your Blog or Website using Pinterest?

2. Making Money on Pinterest with Affiliate Links:

Affiliate Marketing is the most common form of marketing by which people make money online, whether it is Pinterest, Facebook, or YouTube. Even though Pinterest marketers make money by driving traffic to the blogs they still prefer affiliate marketing to make money on Pinterest.

This is because the commission they get through sales and conversions from affiliate campaigns is much larger than those of ad sense commissions.

However, when you do affiliate marketing to make money on Pinterest, there are still some dos and don’t you need to remember. The platform may not allow certain affiliate links or a shortened links when you post your pin to promote that product.

So I strongly suggest you build a Funnel with – Grove Funnels. It is the best practice and the most effective way to drive that traffic to the sales funnel first.

To get started making money on Pinterest with affiliate marketing first join a reputable affiliate marketing platform. Some of the most reputable and trusted affiliate marketplace are Shareasale, OfferVault, MaxBounty, ClickBank, and JVJoo.

To get started with affiliate marketing, Check out our post on – What is Affiliate Marketing and How to Make Money Online?

3. Becoming a virtual assistant with Pinterest:

Becoming a Pinterest Virtual assistant might sound like a difficult task especially when you are a beginner. But with proper training and knowledge, you can make money on Pinterest with the Pinterest VA jobs. So you might be asking;

What is Pinterest VA (virtual assistance)?

Pinterest Virtual assistance AKA Pinterest Manager, helps business owners, bloggers, entrepreneurs, and corporates to grow their social presence using the platform – Pinterest.com. The jobs may vary from client to client and you need consistent assistance in these particular assignments.

Every day there are 1000s of businesses that are looking to make money on Pinterest by growing and advertising their brands. You can earn anywhere from $500 - $1000 per month as a Pinterest Virtual assistance for each client.

The task may include creating their pins, managing boards, and collecting data using Pinterest. If you decide to work full-time as a Pinterest VA, you can easily manage 5-10 clients every month. Since Pinterest gives good conversions and sales the project you get from brands will be for the long term. You can register yourself as a Pinterest Manager on websites like Freelancer, Peopleperhour, or Upwork.

4. Make Money on Pinterest by Selling:

Selling your own products and services online is also another great way on How to Make Money on Pinterest. However, it’s might be a big confusion to many new beginners as Pinterest appears to be a partly social and partly marketplace.

It is no new thing that Businesses are getting much higher conversion on Pinterest than any other platform. In order for you to make money on Pinterest by selling your own product line, you need few steps to set it up.

Creating an Online Store:

Creating an eCommerce online store or a website that contains your product and services takes a few steps to set it up. You can go to platforms like Shopify, Square Online, and big commerce for setting up your online store. If you are not familiar with how to set up an online store you can hire a freelancer from Fiverr.com or Freelancer.com.

Creating a Business Account on Pinterest:

Setting up a Pinterest Business account is very simple and easy. If you have already done setting up a personal account you can switch it to a business account with just a few clicks. The reason why you need a business account is that it is easier for you to get the analytics and monitoring of your visitor activities.

Linking your online store to Pinterest account:

You can link your website, blogs, or online store with your Pinterest account. After adding your website to your profile setup you need to claim your website and make it clickable when people visit your profile. In order for you to set up and link your website – follow these steps on How to claim your website on Pinterest?

Creating Pinterest Boards & Pins:

As we have discussed at the beginning of the blog on How to create a Pinterest Pin and Boards, we will make this short. Creating High-quality attractive pins for every post you put in or the products is very important.

People are going to click on your website after seeing your pins and what you are trying to display. Make sure you use an attractive heading related to your niche and know what people are looking for.

Promoting Your Pins:

This is one of the most important parts of our discussion about how to make money on Pinterest by selling your own products and services. You need to target proper keywords before you start promoting your Pins on the platform.

Pinterest itself is a huge search engine so if you properly optimize the pins with Keywords and short SEO content, your pin will be found by others. Whereas you can choose to promote your pin using paid ads. The ads on this platform are extremely useful and high converting. Make sure you start here – for Pinterest ads.

5. Earn By Teaching Pinterest Strategy For Business:

This is another simple strategy on how to make money on Pinterest using your knowledge and skills. You can offer Pinterest consulting services by offering hourly or maybe weekly, monthly fees on platforms like Fiverr and Freelancer.

People who use Pinterest are mostly addicted to it because of the attractive graphics and the easy-to-use platform. Hence the demand for Pinterest marketing is really high and you can take advantage by offering your skills to people who are looking to promote on the platform.

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But to offer this type of service you need to build a reputation for yourself with a quality service. You can also create Pinterest marketing courses and sell them in the form of audio or video training on websites like Udemy. YouTube is also another great platform to promote your Pinterest marketing services.

6. Promote a Business with Pinterest & Ask for Sponsorship:

This can be a long-term contract and if your profile is niche targeted with high engagement you might get better deals from big companies. For this, you should build your Pinterest followers base keeping a targeted niche in mind.

Once your profile is becoming highly engaged and responsive you can pitch and approach many brands related to your niche. For example, your audience is built on health and fitness, you can approach a bigger company offering weight loss products.

It’s much similar to those in YouTube and other platforms where you put out content and letting people know you have paid promotions. Many companies are eagerly looking for social media Influencers and especially in a highly responsive platform like Pinterest you can make a good income.

7. Learn a Skill & Monetize it on Pinterest:

This idea may sound somewhat new and unfamiliar but it works. Rather than always focusing on how to make money on Pinterest, you can think somewhat differently. You can use Pinterest as a huge library of knowledge from millions of people pinning new things every single day.

So based on the niche you are in look for new ideas that you can explore and learn every day while you are using the platform. Let’s say you teach people how to lose weight, there will always be a group of people who wants to know how to maintain good health after losing that weight.

So this is something like getting deeper into what you can do with your skills. It’s like Upselling and giving more value than what you normally offer. At the same time keep educating yourself and learn more every day and keep building your followers with trust.

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