Welcome to Feedback Friday’s edition with Pinbooster. One thing’s for sure, if a popular social networking site pops up, someone will find a way to make money from it!
Good? Bad? Not sure, really, but if you’re already on the site, at least make some cash from it, right?
Pinterest is huge. And because of it’s power and social influence, advertisers and brands are trying their best to tap into the market.
Similar to Sponsored Tweets or Staree for your pics, Pinbooster aims to monetize your pins. Pinbooster has been in beta for awhile, but officially started just about a month ago.
HOW DOES IT WORK?
- Sign up and set your price to pin post. They also suggest a price for you, and the default is $1.
- Fill out your profile with tags and a short profile description.
- When an advertiser sends an offer, it’s up to you to decide to re-pin or not!
- You must disclose in your pin that it is being sponsored by adding the #ad hashtag.
- You are able to adjust the description of the pin, but the image the advertiser gives you is required.
WHAT IS YOUR PIN PRICE?
You price depends on a variety of factors:
- Number of followers
- Where you live.(From what I can tell it’s open worldwide)
- Type of pinner you are based on your tags.
- How much you are asking for each pin.
- Just do what you like, i.e. pinning, and nothing else to do until an offer comes your way!
- Payout is $100. That’s a relatively high payout, but again, if you’re pinning anyways and are active on Pinterest it might add up pretty quickly depending on how many offers you get.
When I first joined I immediately got several offers at the $1 price. I didn’t accept them and have since raised my price based on Pinbooster’s suggestion for what my pins are worth. Since I raised the price I haven’t gotten one offer! So, I’m testing it out still, but the feedback has been great from other users.
Ellen from Confessions of an Overworked Mom says,”My price is set at $3. I get a few a week!”
Rita from Mom With A Dot Com says, “They suggested my price to be $5.69. I was getting nothing. So I lowered it to $2.50 and got one.”
Staci from 7 on a Shoestring says, “ I have made $7 from 1 pin. WooHoo!”
Stacie from Simply Stacie says, “I’m up to $31! I have my price per pin at $25.”
According to TechCrunch, one pinner made $1000 for just ONE re-pin! Um, wow!
Thanks SimplyStacie for the heads up!
If you’re ready to sign up, just go here!
Are you on Pinbooster? What has been your experience so far?