WeÌýknow you love Pinterest asÌýaÌýway toÌýdiscover theÌýlatest recipes andÌýguides forÌýyour favorite hobbies. But have you ever considered making money onÌýPinterest? Some (very misguided) people out there have theÌýimpression that Pinterest isÌýforÌýbored housewives, moms, andÌýmillennial crafters.
But theÌýreality isÌýthat Pinterest isÌýanÌýideal mill forÌýalmost anyÌýsector, industry, subject matter, orÌýtype ofÌýproject that you want toÌýcreate. ItÌýisÌýaÌýpowerful tool forÌýindividuals andÌýbusinesses alike.
What isÌýPinterest, Really?
Have you ever clicked aÌýlink inÌýyour search engine, only toÌýbeÌýtaken into aÌýflood ofÌýimages? That isÌýPinterest, where everything isÌýsaved andÌýquickly scanned through theÌýuse ofÌýpinned images sorted into categories.
Pinterest isÌýaÌýunique social media platform. ItÌýisÌýnow theÌý social network inÌýtheÌýUnited States. Data shows that Pinterest users spend than competitor sites, such asÌýInstagram orÌýFacebook (which hold theÌýtop spots inÌýtheÌýUS). Moreover, 90% orÌýmore ofÌýPinterest buyers are
Pinterest isÌývery popular within theÌýUS. Data source: ºÚÁÏÃÅ insights
According toÌýits CEO, Pinterest isÌýsupposed toÌýbeÌýtheÌý
Typically, Pinterest’s strategy isÌýworking nicely.
InÌý2023Ìýalone, Pinterest generated $3Ìýbillion inÌýrevenue, which was aÌý9%Ìýincrease over theÌýprevious year.
How This Works forÌýUsers
Almost everyone has anÌýimage inÌýtheir mind ofÌýtheÌýproduct they’re looking for, but itÌýcan beÌýreally hard toÌýdescribe it. Finding such things through traditional searches isÌýjust about impossible. Pinterest makes itÌýeasy because its search engine filters through pins with anÌýimage rather than aÌýrandom list ofÌýlinks.
Users can create boards that allow categorization forÌýeasier search andÌýretrieval. You can use theÌýhighly intuitive search engine toÌýnarrow down your results byÌýusing common related tags. Users can pin toÌýboards from other public orÌýshared boards through Pinterest, orÌýthey can pin from external sites entirely.
People who use Pinterest are there forÌýideas. WeÌýknow this because theÌýplatform reported thatÌý AsÌýpeople find examples ofÌýwhat they have envisioned, they click over toÌýtheÌýpinned sites toÌýbuy what they need toÌýmake itÌýhappen.
How Pinterest works forÌýbusinesses
Signing upÌýforÌýaÌýbusiness account isÌýeasy andÌýdoesn’t come with anÌýupfront cost. You only pay forÌýtheÌýservices you need orÌýwant, which include aÌýhost ofÌýtools designed toÌýhelp you interact with customers across Pinterest, your website, andÌýother sales funnels.
Once you have aÌýbusiness account, you can start posting andÌýsharing pins. Using tags, catalogs, andÌýsome free features we’ll get into later, you can get your images inÌýfront ofÌýpotential buyers.
Those buyers are 3Ìýtimes more likely toÌýclick over toÌýyour site than other social media platforms since they are looking forÌýtheÌýidea, not aÌýproduct orÌýcompany. And that’s just one ofÌýtheÌýreasons you should beÌýselling onÌýPinterest.
More reasons toÌýsell onÌýPinterest
Because Pinterest isÌýanÌýidea mill, people already want toÌýbuy your product byÌýtheÌýtime they click through toÌýyour site. They’ve searched forÌýaÌýsolution that met their vision toÌýmake aÌýpurchase decision.
IfÌýyou are targeting millennials orÌýmoms, you can’t goÌýwrong with Pinterest. Over 80% ofÌýmillennials andÌý80% ofÌýmoms inÌýtheÌýUnited States are . Half ofÌýall users routinely shop onÌýtheÌýplatform.
Here are aÌýfew more important stats toÌýconsider:
- The number ofÌýPinterest shoppers grew byÌý50% inÌýtheÌýfirst half ofÌý2020Ìýalone.
- Currently, Pinterest has 498Ìýmillion monthly active users, placing itÌý15th inÌýtheÌýranks ofÌýtheÌýworld’s most “active” social media platforms.
- The total number ofÌýpeople who use Pinterest each month increased byÌýroughly 13Ìýmillion (+2.9%) inÌýtheÌýthree months leading upÌýtoÌýApril 2023. These latest figures indicate that roughly 5.8% ofÌýall theÌýpeople onÌýEarth use Pinterest today.
- Pinterest’s audience isÌýyoung, with theÌýmajority ofÌýits audience falling into theÌý
25-34 Ìýage category. Coming upÌýclose behind isÌýtheÌý18-24 Ìýcategory, followed less closely byÌýtheÌý35-44 Ìýage range. - InÌýJanuary 2023, Pinterest was most popular inÌýtheÌýUnited States, with roughly 29.4% ofÌýpeople active users. Pinterest byÌýsurvey isÌýalso theÌýmost popular platform inÌýtheÌýUS.
- 75% ofÌýweekly Pinterest users say they’re always shopping. About 85% ofÌýusers have bought products based onÌýideas from pins published byÌýbrands.
- According toÌýtheÌýplatform’s own data, Pinterest ads are 2.3x more efficient
cost-per-conversion than ads onÌýsocial media. Pinterest ads also see aÌý2xÌýhigher return onÌýadÌýspend (ROAS) - According toÌýPinterest, their ads also offer better returns than competing social media networks, claiming advertisers see 2xÌýhigher ROAS when using theÌýplatform.
Now that we’ve convinced you that you need toÌýsell onÌýPinterest, let’s make sure your brand, website, andÌýproducts are ready toÌýgo.
Prepare forÌýYour Pinterest Product Launch
Before weÌýjump into how toÌýmake money onÌýPinterest, let’s cover where you need toÌýbeÌýtoÌýstart that process. Whether you are selling many items orÌýjust aÌýfew, you’re going toÌýneed toÌýtake some preliminary steps toÌýmake money onÌýPinterest andÌýabide byÌýtheir community rules. Here are aÌýfew things toÌýconsider.
Develop aÌýbuyer’s persona
You probably know your target audience pretty well, but doÌýyou know how toÌýdefine that audience byÌýtheÌýterms used byÌýPinterest? Pinterest allows you toÌýnarrow your target audience with theÌýfollowing filters:
- Gender
- Age range
- General orÌýspecific location
- Primary language
- Primary type ofÌýdevice (85% ofÌýusers are onÌýmobile devices)
The platform also makes itÌývery easy toÌýtarget theÌýright audience intuitively using
Create branding consistent with your website andÌýother social media
There are aÌýlot ofÌýfakers out there, andÌýyou want toÌýbeÌýcertain that your customers know that they are looking atÌýyour authentic pins. That usually means using theÌýsame profile pictures, logos, andÌýbanners onÌýall ofÌýtheÌýsites andÌýsocial media where you attract customers, fill orders orÌýprovide service.
Create aÌýPinterest business account
IfÌýyou have just aÌýfew products onÌýPinterest, itÌýcan beÌýtempting toÌýjust use your personal account toÌýpublish pins toÌýyour shopping site. This isÌýaÌýmistake because aÌýlot ofÌýuseful tools come with aÌýfree business account. Setting upÌýaÌýbusiness account also helps you stay compliant with theÌýPinterest terms ofÌýservice.
How toÌýset upÌýaÌýbusiness account onÌýPinterest
The steps forÌýcreating aÌýbusiness account are similar whether orÌýnot you already have aÌýpersonal account. IfÌýyou are starting fresh with aÌýPinterest business account, follow these steps:
- Start from theÌý.
- Follow theÌýprompts toÌýenter your email address, password, andÌýage.
- Create your business profile:
- Add aÌýprofile picture
- Enter business details like name, website, location, andÌýlanguage.
- Select your business focus from theÌý
drop-down menu. - Select your type ofÌýbusiness. Individual sellers are okay!
- You can opt toÌýset upÌýads right away, but it’s aÌýgood idea toÌýwait until you get aÌýfeel forÌýtheÌýplatform.
IfÌýyou are starting from aÌýpersonal account, you will start inÌýaccount settings instead.
From there, you will choose toÌýGet Started andÌýthen choose Linked Business Account from theÌý
Use your business account toÌýclaim your websites
Everyone remembers toÌýlink their website toÌýtheir business account, but many forget toÌýclaim theÌýsite, andÌýthat’s theÌýmost important part! IfÌýyou don’t claim theÌýsite, you won’t have access toÌýtheÌýPinterest analytics forÌýpins published directly from your online store.
You can claim more than one site, soÌýifÌýyou also want toÌýuse your business account toÌýpost
IfÌýyou want toÌýmake money passively, create asÌýmany themed sites asÌýyou like andÌýpopulate them with
How toÌýclaim your site soÌýyou can publish pins directly
You have 3Ìýdifferent options toÌýclaim your site orÌýonline stores.
- Add anÌýHTML tag toÌýyour website. This isÌýtheÌýeasiest, just aÌýquick copy/paste job.
- Upload theÌýHTML file toÌýyour site. Check your host first forÌýrules.
- Add aÌýDNS TXT record toÌýyour domain host. This isÌýforÌýadvanced users andÌýshould beÌýavoided, but Pinterest does offer some assistance inÌýits help section.
- How toÌýUse Pinterest toÌýSell Online
Pinterest offers some great features forÌýfree toÌýall business users. AÌýlot ofÌýtheÌýbusiness features aren’t going toÌýapply toÌýindividuals orÌývery small operations, but there are some that are very useful when you need toÌýunload some product quickly.
Create stunning visuals
Pinterest isÌý
Use tags andÌýkeywords naturally toÌýboost visibility inÌýtheÌýsearch
Keep inÌýmind when choosing keywords forÌýyour published orÌýpromoted pins that people search forÌýideas, not products orÌýbrands. Ditch traditional ideas ofÌýwhat meta tags should beÌýandÌýembrace aÌýwholly different set ofÌýkeywords.
Use product tags andÌýaffiliate links
- Product tags: inÌýyour Pins makes itÌýeasier forÌýpeople toÌýshop your picks. Using theÌý“product” sticker, you can tag anyÌýproduct you’re featuring inÌýyour content orÌýwant toÌýrecommend toÌýyour audience with aÌýkeyword search orÌýaÌýproduct link.
- Affiliate links: You can also tag Pins using affiliate links soÌýyou can earn aÌýcommission when people click through andÌýshop. You’ll first need toÌýjoin anÌýaffiliate program before using theÌýtags. Pinterest isn’t part ofÌýtheÌýaffiliate agreements, soÌýyour commission will depend onÌýtheÌýterms you’ve set upÌýwith external merchants orÌýprograms.
Use promoted pins toÌýyour advantage
Promoted pins are aÌýcheap alternative toÌýads forÌýindividuals orÌýsmall operations. IfÌýaÌýclient falls through onÌýanÌýalready customized product inÌýaÌýspecific niche, you can use promoted pins toÌýget inÌýfront ofÌýyour target audience. You’ll only pay forÌýtheÌýdirect clicks from your pin, not from shares.
Take advantage ofÌýRich Pins
Rich Pins are published items that contain additional information, orÌýmetadata, such asÌýaÌýtitle, description, orÌýalternate text, toÌýname aÌýfew. Pinterest makes itÌýreally easy toÌýadd this information, andÌýtaking theÌýtime toÌýdoÌýsoÌýwill target andÌýdrive traffic toÌýyour pinned product.
More Ways toÌýEarn Money onÌýPinterest
- Brand partnerships: Collaborate with brands that align with your content.
- Drive traffic: Use Pinterest toÌýdrive traffic toÌýyour website orÌýecommerce site.
- Creator Inclusion Fund: Explore opportunities through .
- Become aÌýPinterest virtual assistant: Offer services related toÌýPinterest.
- Start aÌýblog: Use Pinterest toÌýdrive traffic toÌýyour blog.
- Gain aÌýskill from Pinterest andÌýmonetize it: Learn aÌýskill andÌýoffer itÌýasÌýaÌýservice.
How Long Does All ofÌýThis Take?
Getting aÌýPinterest store set upÌýisÌýpretty easy, but don’t rush theÌýprocess. Give yourself aÌýweek toÌýset upÌýyour business account andÌýtweak your profile. Allow another one toÌýtwo weeks, depending onÌýyour time investment, toÌýexperiment with different types ofÌýpins, Rich Pins, andÌýpromoted pins.
All inÌýall, most people can start toÌýsee some results between one andÌýthree months in, conservatively.
How long will itÌýtake you? Stop procrastinating andÌýget started now that you know how toÌýmake money onÌýPinterest.
Ìý
- How ToÌýUse Pinterest For Ecommerce andÌýWhy
- 5ÌýPinterest Strategies That Can Increase Your Sales
- Pinterest forÌý
E-commerce Sellers - How toÌýUse Pinterest toÌýUnderstand Your Niche
- How toÌýBoost Your Sales with Pinterest
- How toÌýAdvertise onÌýPinterest
- How toÌýMake Money onÌýPinterest with Your Free Site
- How toÌýLog Out ofÌýPinterest (Mobile &ÌýDesktop) aÌýQuick Guide
- How toÌýClaim aÌýWebsite onÌýPinterest
- How toÌýPrint Boards andÌýPins from Pinterest
- How toÌýExclude Pinterest From aÌýGoogle Search