The long-term goal of nearly every online entrepreneur is to make passive income. The type of income that requires little upkeep is essentially hands-off, and only requires the initial development of a product and a bit of marketing.
All of this lines right up with Pinterest.
But, there are few ways to increase your passive income using Pinterest, and they don’t all revolve around building a ‘mini-product.’
Here are the top four ways to make (and increase) passive income using Pinterest:
Did you know that you can market your affiliate links on Pinterest? Of course, only if the program itself allows it (check your terms and conditions).
The best ways to do this is by either creating a pin marketing your affiliate with a direct affiliate link OR by creating a landing page solely for the affiliate.
*Please make sure you identify your link as an affiliate link in the pin description.
Every online marketer will stress the importance of building an email list – I’m no different. You don’t own your socials, but you do own your email list!
Email lists are also amazing at generating leads and sales for your affiliates, digital products, courses, and more. It’s only natural that marketing your lead magnet on Pinterest help increase your passive income.
In fact, I even include marketing your lead magnet in my Post-it to Pin-it: 30 Days of Pinterest Content Kit!
I know I mentioned that we wouldn’t be relying on digital products for passive income – but were not, they’re just one piece of the passive income puzzle!
Either way, we’re looking only at ‘Mini’ products or small offers. The digital products that require no thinking for the buy – typically, these are items that are less than $27.
If you’re running your blog and only offering a few products, but your main goal is to really monetize passively, website ads might be just what you need. Quality ads require lots of traffic and I highly suggest using a premium company such as Mediavine rather than something like Adsense.
What does this have to do with Pinterest? Well, Pinterest is known for consistently driving high amounts of traffic to your website when used right! More traffic = more money! It also means you’ll qualify for premium companies quicker and earn more!
Need more Pinterest tips and tricks? Follow my account @TheCommaMamaCo!