I thought this blog post is a little over due and it was a long time coming.
I wanted to quickly rant and write about this for a while but I never really knew how to express or articulate it.
However, recently, something inspired me to discuss this topic briefly.
Pinterest killed off allowing its users to put and have affiliate links under their pins. This hurt a lot of people. A lot of people like, fashion bloggers, relied on this as a source of income.
A part of me feels sorry for those users who were doing this for a while, making some decent money, and now it’s all gone.
Another part of me thinks that these people should have known better. It was a gravy train that we all knew wouldn’t last.
The bigger issue here and the thing I want to talk about is that the real error here, was that these people pursued a money making method and not building an online business.
Putting affiliate links under your pins is not a business. Creating a blog and excellent content for it, have affiliate links in your blog and pinning that to Pinterest, is a business and a much more sustainable business model as long as you don’t rely entirely on Pinterest for traffic.
This is an interesting lesson and case study that goes to show that firstly, you can’t put all your eggs in one basket and secondly, you should be looking to build a business and give people a lot of value.
This is a trap I see a lot of people and newbies fall into, time and time again. I’m willing to bet that a majority of the Pinterest users doing this were very new to making money online.
It’s not that I don’t have any sympathy or feel as though these people deserved it. Of course not. It’s not like what they were doing was illegal or even all that annoying/bothersome. It was just lazy.
I get a lot of emails from people, all the time, asking me “what is the easiest/best way to make money online?”. These people are looking for and chasing money making schemes and methods. This is their first mistake.
There are a TON of methods and ways to make money online. You can spam Facebook with affiliate links if you wanted. It might work, you might get a few conversions. But even if you made $100 today, is that even worth it? It’s not a sustainable thing. It won’t last. You’ll probably get shut down in a few days, and even if you don’t, it won’t be consistent enough. Your conversions will taper off.
Wouldn’t you rather build something that will make you money and open up opportunities for years to come? Not to mention, helps hundreds, if not, thousands of people?
You’re much better off creating a blog, podcast or YouTube channel in a niche you have a lot of knowledge in or can add a lot of value to, become or be seen as the authority in that niche, create amazing content, build a readership, build a list and then worry about how to monetize it.
So you’re probably thinking “that won’t make me money right away!”. You’re right, it won’t. That will take a long time to build and grow.
In the meantime, you can freelance. If you’re desperate or unemployed, the easiest and best way to make money is to trade your time for it. Whether you’re a graphic designer, web designer, artist, writer, singer, virtual assistant, whatever. Figure out what you can sell your time to do (you don’t need to be an expert in it, just better than 60% of the population at it) and do that on the side while you grow your business.
I hope this helps.
Comment below and let me know what you guys think about this whole Pinterest fiasco and if you agree with me or not.