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How To Make Money on Pinterest (From Day 1)

March 2, 2021/in Blogging /by Wallet Squirrel

If you are looking to generate serious side cash, look no further. What if I told you that people are making more money on Pinterest per month than at their day job? Welcome modern side-hustler! If you are looking to generate serious side cash, look no further. What if I told you that people are making more money on Pinterest per month than at their day job? That’s right, just by dedicating a portion of their free time! It’s more than possible to make anywhere from $20-$200 a day to upwards of 10k a month, with or without a blog and with absolutely no experience.

I know you’re thinking, “But I don’t have a following. I’ve only used Pinterest for inspiration and DIY projects, how do I reach potential followers?”

Create content about your passions! The beauty of Pinterest is that it’s a search engine for images and a platform for creating boards and pins about what you love. So like Kevin Cosner in Field of Dreams, “If you build it, [they] will come.” Beginners find applications like Canva or Stencil useful when creating pins.

You can start a blog, sell handmade items, become a virtual assistant, teach, promote brands and companies and so much more. Even if you don’t want to start a blog, build an audience of a few thousand followers with your boards and pins and marketers will start to reach out.

How to Make Money on Pinterest With A Blog

First things first, start a blog! You’re much more likely to make money by starting a self-hosting blog with a web hosting company that isn’t free. People are less likely to take you seriously if you work through WordPress or any other free blogging platform. Find a cheap web hosting company that suits your needs and budget and choose a domain name.

Set up your page and start writing content for your blog. You’re going to want to write at least 5-10 helpful posts about your niche to introduce yourself to your audience. If you are unsure what you want to write about, use a market demand guidance application like SEMrush to see what people are searching for. Make sure that you pick a niche that you are love learning/writing about as you are going to be dedicating a bit of your free time to it.

Now, sign up for a Pinterest business account and create pins. Join at least 10-15 group boards and make as many boards as you can about your niche. This is also an optimal time to vitalize your profile and add useful keywords that will drive more Pinterest traffic to you.

As soon as you are running your blog and Pinterest account, you can get paid to display ads on your blog. The more traffic your blog receives, the more you will make. Google Adsense is a great place to start. They pay very little, but they do not require a minimum number of page views to get paid. When you have more views you can apply to other ad networks that pay higher and better relate to your niche.

You can also make money through affiliate links and products. These companies will reward you with a small commission when a sale is made through your blog. Be sure to link the affiliate product or URL on your blog and attach your pin and boards to your blog link. This will drive traffic to your blog and links, but not spam Pinterest users with them.

how-to-make-money-pinterest

How To Make Money On Pinterest Without a Blog

On Pinterest, you can sell your handmade crafts and items as well as promote other products and companies. Remember to be careful when selling your products and be mindful of Pinterest’s sell policies as they may change. Describe your products using accurate, simple keywords.

If you don’t want to write a blog or creating a product isn’t quite right for you, there are other ways to make money on Pinterest. You could become a virtual assistant to help bloggers and influencers optimize their accounts.

Pinterest Virtual Assistants typically create pins, automate the pinning process, complete keyword research, and work with ad networks for their clients. Some even dabble in scheduling and managing other social media for clients as well. You can easily cash in around $500 per month per client you work with, or more if you take on more duties for them.

Once you learn how to optimize Pinterest and gain a following, you can charge people to promote their brands and products. You can do this with or without a blog and start making some passive income just by creating pins and boards about them. This can be done through the creation of pins, posting on your account, creating boards, and sharing information about them with your followers.

You can even make money teaching your successful strategies to others. If you have connected to other companies and brands, others are going to want to know how you did it. Keep growing and learning more to keep gaining followers and share your knowledge. You can monetize on this with courses, coaching, ebooks, and more.

Once your following is growing, you can promote affiliate links through your pins to earn a commission through different companies. The company of your choice will give you your own personal link to add to your pins, and when someone makes a purchase using that link you reap the rewards. Be sure to read your contracts thoroughly as some companies do not want their affiliate links posted on Pinterest and some do not allow you to take pictures of their product from the website, which can make creating pins difficult.

At the end of your pin, use a #affiliate or #affiliatelink hashtag to disclose your relationship with that company. This is an FTC requirement. You should always try to be as transparent with your following as possible.

In the recent past, Pinterest has changed their stance on affiliate marketing. First no longer allowing it because some pinners felt they were being spammed by the way the links were being used, and more recently allowing it again while requiring a higher level of transparency. This is a valid point to add because a policy change could result in the change or loss of your side income.

Some companies pay pinners to drive traffic to their site or product by posting about it. This is one of the simplest ways to create a passive income because as long as they are receiving traffic, you get paid whether or not someone makes a purchase. A really easy way to do this is to create promoted pins, which look like normal pins but are actually ads. They are similar to Facebook ads in that you pay to promote them and they are platform-based. You can use keywords to promote these ads even further and reach more pinners.

Stand Out

There are a few tools you can use to make your pins more eye-catching and drive more traffic to you. When you are trying to make money, you need to make sure that your pins look organized and professional. If your account is a mess, it will be near impossible to gain a following. This is best done by keeping images relevant and easy to look at. The simpler, the better.

You can use digital image tools like Canva or Stencil to create and refine your images. These tools can also be used to create flyers and business cards which can come in handy if you are operating a blog or affiliate/ad business.

The way you describe your pins also plays a large role in how much traffic you drive to your account. Make sure you are describing your pins using easily searchable keywords. The more simple and to the point they are, the better. Start by searching keywords in your search bar that are related to your niche. You’ll quickly find what keywords do and don’t work for you. You can also use marketing research programs to see what people are searching for.

To really immerse yourself in the Pinterest world, engage with other pinners and join group boards. Make your mark by pinning others’ pins, following others, and participating in the social media side of Pinterest and your followers. Remember to post helpful and relevant content, which can change with the platform environment or if there are any changes to anything about your niche.

Make sure that you keep up with policy changes as well. It can spell disaster if you are monetizing on Pinterest or any other platform in a way that has been specifically banned. Keep learning and gaining knowledge about the platform as you go, and be aware of practicing good business hygiene.

With so many ways to monetize your efforts with Pinterest, it’s no wonder why so many bloggers and affiliate businesses love the platform. From managing your blog to driving traffic to yourself, to promoting affiliates and products and selling handmade products, there is truly is something for everyone. Find your passion and dedicate a bit of your free time and you too can make thousands of passive income dollars a month.

Wallet Squirrel

Wallet Squirrel is a personal finance blog by best friends Andrew & Adam on how money works, building side-hustles, and the benefits of cleverly investing the profits. Featured on MSN Money, AOL Finance, and more!

www.walletsquirrel.com/
Blogging vs Vlogging

Blogging VS Vlogging: Which is Better for Making Money Fast

June 23, 2020/0 Comments/in Blogging, Guest Post /by Jimmy Olsen

Blogging or Vlogging. Which is better? Today's guest post walks us through which is better. Come see which is better for you. #blogging #vlogging #sidehustle

Today is a guest post from Wendy Dessler, a finance writer and collaborator with Today with Jay. 

Finding new ways to make money is something most people are passionate about. Using the power of the Internet to increase the amount of revenue you generate is a wise move. While there are a number of ways to make money online, nothing quite compares to vlogging and blogging. Deciding which one of the mediums to use to build your wealth can be difficult.

Making the right decision can help you start generating revenue in no time. Are you trying to figure out whether vlogging or blogging will provide you with the fastest profit? If so, check out the helpful information below.

Making Money As a Blogger is Not Easy

Each year, over 500 million blogs are published online many start with easy How To Start A Blog tutorials like this. With all of this content, new bloggers have a hard time breaking through the noise and making an impact. Instead of throwing in the towel before you really get started, take the time to figure out how to make your blog more engaging and successful. Achieving blogging success is no easy process and will require a lot of hard work.

As you start to drive more traffic to your website, you will be able to figure out the best route for monetization. Figuring out what type of blogs actually make money can help you avoid sinking money into a website that won’t be profitable. Websites like Wallet Squirrel and Today With Jay provide up and coming bloggers with advice and strategies regarding how to monetize a blog. Below, we will discuss the types of blogs that actually generate revenue consistently.

Selling Digital Products on Your Blog

Modern consumers are hungry for information. If you are well-versed in things like digital or social media marketing, you can make a hefty profit by selling digital products on your website. These products will typically include things like printable graphs, checklists, and eBooks. The key to making money with these digital products is showcasing your skills in your chosen industry.

The only drawback to creating and selling these digital items is the time it takes. Unless you have an unlimited amount of time to focus on writing and editing a new eBook, you will struggle to get one completed in a timely manner. Outsourcing this work to a content marketing professional can be helpful. If you can contract out these services for cheap, you can still turn a profit from the sale of your digital products.

Blogging vs Vlogging

Selling Display Ads Can Be Lucrative

Monetizing your blog is a multi-step process. The first step in the blog monetization process is increasing the amount of traffic your website gets. As you start to grow your audience, you will be able to take advantage of a number of monetization methods. Selling display ads is one of the most common and lucrative ways to monetize a blog. Businesses will pay good money to have their ads featured on a popular blogging website.

Programs like Google’s AdSense (Google AdSense Review) is designed to make finding ad opportunities easy. Rather than trying to learn and master the AdSense system on your own, you need to think about hiring professionals to lend you a hand. Most experienced marketing professionals will have no problem setting up and maintaining the ads on your blog website. The money paid to a marketing company for their help will be worth it considering the revenue they can help you generate.

Selling Memberships to Consumers  

If you have a blog in place that provides useful information to the general public on an ongoing basis, selling memberships may be a good idea. Most consumers would rather pay a one-time fee for the content on a website rather than buying eBook after eBook. Building a following for your website is imperative when trying to drum up some buzz about your membership offerings.

Before you start offering these memberships to your website, do some market research. If you have competitors offering memberships, take a look at what it includes. Looking at this information can help you figure out how to make your membership offering more enticing to consumers. With a simple Google search, you should be able to find all of the information you need about the current membership market.

Blogging vs Vlogging

There is Power in Vlogging

Now that you have an understanding of how to monetize a blog, we will move onto the power of vlogging. In the past few years, video-sharing platforms like YouTube have seen substantial growth. These days, there are vloggers making millions of dollars each year with the help of ads and product endorsements.

However, the vlogging space is littered with competition. This is why you can’t copy the recipe other vloggers are using to make content. Your goal needs to be producing content that is both original and engaging. While this may sound relatively easy, it is anything but. Achieving vlogging success is possible if you follow some of the tips mentioned here.

 

 

Vloggers Commonly Use Affiliate Marketing

There are a number of well-known brands that use affiliate marketing to sell products/services. Many vloggers direct traffic to popular websites in the hopes of one of their followers making a purchase.

When these purchases are made with the affiliate link from a vlogger’s page, they are compensated. Generally, companies that use affiliate marketing will not pay huge sums for one sale. You have to focus on providing a consistent flow of quality leads if you want to make money with this method.

Sponsorships and Endorsements

Another way to make money as a vlogger is with the help of endorsements and sponsorships. Many product manufacturers use influencers to advertise the benefits of their items. If your channel is popular and family-friendly, you may be able to land one of these endorsements. Generally, it will take both time and a lot of followers to get lucrative sponsorships and endorsements.

Blogging vs Vlogging

 

The Bottom Line

If you are trying to generate income in a hurry, blogging is probably your best bet. It is easier to gain a foothold with written content and you can always add a video to your website later on if you want to pursue your passion for vlogging.

Google AdSense Review: How Much Are Bloggers Making With Website Ads

June 9, 2020/0 Comments/in Blogging, Earn Extra Money /by Wallet Squirrel

Our Google Adsense Review walks you through on how to use Google Adsense as well as some awesome alternatives. #bloggingtips #blogging #earnextramoney #sidehustle You’re probably familiar with the concept of “website ads”. They are often little graphics on the side of a website or embedded in an online article. While a bit annoying, they drastically help blog owners earn an income while sharing their content for free. One of the most popular ad services to bloggers is Google’s AdSense. Here on Wallet Squirrel, we’re particularly familiar with Google AdSense since we’ve been using it for the past 5 years. So we feel qualified to share a Google AdSense Review and share how much we’ve made over the years.

Google AdSense Review – What Is Google AdSense

Google AdSense is an online advertising network, meaning they allow bloggers/websites to post a small snippet of “code” on their blog sidebar (or wherever) and Google AdSense automatically populates that space with advertisements.

Google AdSense Review - Type Of Ads

Choose an Ad

There are different types of ads that you can display on your blog, each with a different purpose and intention.

  • Display Ads – These are your standard graphic banners. We use this as our Sidebar Ad as an example.
  • In-Feed Ads – Think those “Sponsored” ads you see in your Facebook feed.
  • In-Article Ads – These are inside your article. They often look like they are a part of the article, but usually just a little off to designate them as an ad. We should have an example in this article for you to see.
  • Link Ads – These are less popular, but usually involve text-based ad. These often confuse your visitors to think it’s a website hyperlink rather than an ad. It’s tricky, and I personally don’t like them.

Google Automatically Populates Those Ads

Google can tell based on your website’s content and each unique website visitor, what advertisements are best for that visitor. This is based on complex algorithms, constantly changing and pointless to dive into. As a blogger, you simply choose one of these Ad Types and copy the code onto your website. Here is what our WordPress Widget looks like with the Google AdSense code.

Google AdSense Review - What Code Looks Like On WordPress

Blog Owners Get Paid

From a blogger standpoint, that’s all you need to do. It runs automatically (takes a day or two to load) and you as the blog owner will start making money. You will make a small amount of money every time someone sees your ad, and a little more every time someone clicks it.

As a blogger, you have no say in what ads are used on your site through Google AdSense (nothing adult, etc.), but not always related to your blog. It usually depends on your visitor’s past history.

You won’t actually receive any money until you reach Google AdSense’s $100 minimum payout. Once that is reached you can get paid by check, direct deposit, or quite a few additional ways. All you need to do is complete your tax information before they’ll send you money.

Google AdSense Review - Your Earnings

What Happens Behind The Scenes

What’s actually happening on the back end is companies from all over the world are turning to Google to help them get their ads “out there”. These companies will give Google the advertisement they want to be shown, a detailed profile of their ideal audience and money.

The amount of money companies pay Google for ad space varies.

  • The Length of the Ad Shown – The longer you want the ad shown, the more it will cost.
  • Saturation of the Ad Market – If Company A is trying to sell costumes during Halloween. There are likely lots of other companies trying to do the same. Those advertisements can get very costly because you will need to outbid other companies for the same ad space. The more popular keywords you’re targeting, the more expensive those ad spaces will be.
  • Quality of the Ad – Google prefers good looking ads that match their keywords. So if Company A has a terrible looking ad and generic keywords, Google punishes them by increasing the cost of their ads.

After the ad space is bought and paid for, Google will use its trillions of data points to locate Company A’s ideal audience. Then whenever those people come across a website within Google’s Ad Network (that’s your blog if it has Google AdSense), they’ll see an ad from Company A.

That’s how Google AdSense works!

 

 

Does Google AdSense Pay Bloggers Well?

If you ask the internet, the answer is no. However, I think for this Google AdSense Review answer is a bit more difficult because there are additional considerations.

Google AdSense Is The Easiest Option For New Bloggers

One of the best qualities of Google AdSense is it’s super easy to use (as I mentioned above), and you don’t need a minimum amount of visitors on your website. Even if you only have 20 people visit your website a month, you can still get a Google AdSense account. This is why it’s one of the most popular options. Most people get Google AdSense when their blog is first starting out and stick with it as their blog grows.

How Much Have We Made On Google AdSense

We are one of those people that have been using Google AdSense since day one and this likely makes us one of the most qualified bloggers to share the earning potential for a Google AdSense Review. If you want a breakdown of how much we’ve earned every month, feel free to check out our monthly Income Reports where we include every dime we make on Wallet Squirrel. However here is the full amount we’ve earned on Google AdSense since day 1, back in 2015.

Google AdSense Review - 5 Year Earnings

We’ve had well over 325,000 visitors to WalletSquirrel.com and made $500 through Google AdSense. Cool Right! Actually, it’s not that impressive. That’s $0.001 per visitor (1/10 of a cent) since our website hatched.

While Google AdSense is one of the most popular Ad Networks out there, and one of the easiest for new bloggers. It is not one of the best paying.

Alternative Ad Networks For Bloggers

There are a number of Ad Networks out there for bloggers to choose from. In fact, we’ve started to look at a few of these to replace our current Google AdSense website ads. Writing our own Google AdSense Review has given us lots of reasons to look into other options.

Each one has its own set of requirements ranging from a minimum number of visitors to a minimum number of sessions. You just need to find the right one for your current blog size.

If you’re starting off, I definitely recommend Google AdSense. However, if you’ve grown a little, here are some additional options.

  • AdThrive (minimum 100,000 visitors/month)
  • MediaVine (minimum 25,000 sessions/month)
  • Monumetric (minimum 10,000 visitors/month)

 

 

The Wrap Up

Basically I loved Google AdSense as I built this personal finance blog. It was super easy to get approved, set up, and earn passive income (all the ways we earn passive income). However, it’s not a forever solution. It simply doesn’t pay as well as other Ad Networks. It’s like training wheels for new bloggers. A great stepping stone to building a blog empire.

Let me know if you have any specific questions about our Google AdSense Review in the comments below. Plus if you’re on our email list, we’ll be sharing new details when we move to a new ad network.

Wallet Squirrel

Wallet Squirrel is a personal finance blog by best friends Andrew & Adam on how money works, building side-hustles, and the benefits of cleverly investing the profits. Featured on MSN Money, AOL Finance, and more!

www.walletsquirrel.com/

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