Sponsorships, on the other hand, are direct endorsements of your brand or content. You’re paid a lump sum, ranging from a few hundred to a few thousand dollars, regardless if you generate traffic and revenue for the company. Because of this, sponsorship deals are typically only offered to established blogs who can provide a decent amount traffic to the company endorsing them. This makes affiliate marketing a much better income source for new and smaller blogs.
Create an Engaged Community – An engaged community, that comment on, like, and share your posts is key to becoming a successful influencer. To create this type of community you will need to put in the work – constantly and consistently post high-quality images that interest and inspire your audience, ask questions, respond to comments, and become a well-known figure within your niche.
When you do use affiliate links on a page, be transparent about it. This isn’t a choice if you’re in the United States, by the way. The Federal Trade Commission, or FTC, requires you to provide a clear disclosure when receiving money in exchange for promoting a product. Providing a disclosure is as simple as inserting the following message at the top of every post and page that contains an affiliate link:
“All types of posts have affiliate potential,” says Formaro. “On Amanda’s Cookin’, we match appropriate cookware and even ingredients in some cases to the recipes we create and post. On my Crafts by Amanda site, we match crafting products to our do-it-yourself kids’ crafts and home decor projects. These affiliate links add value to readers and are great ways to monetize recipes and how-to projects.”
Hi Peter, I personally have never tried promoted pins on Pinterest but it’s on my to-do list. I’ve heard mixed reviews (they made some changes back in June or July on ads that seem to favour bigger companies). I have heard however that if you promote a pin, your whole account gets a bit of a lift. I would definitely recommend giving it a go with a small dollar amount to see if it works, I think I will try too and will report back!