Tuesday, April 24, 2012

Monetize your Pinterest pins with PinDollars

Are you spending a lot of time on Pinterest, sharing a lot of images, too? A start-up named PinDollars could help you turn all that time into some extra cash.

You probably use the Pinterest bookmarket to post your items. PinDollars has its own bookmarklet. When you click it, just like Pinterest, it will show a montage of images on a page and let you choose which one to pin. However, it modifies the URLs to include affiliate link code pointing back to PinDollars.

These affiliate links are managed by Skimlinks, which Pinterest experimented with for a short while, initially without disclosure to users. Of course, in that case, the money would have gone to Pinterest; PinDollars delivers most of the funds to the end users.

Skimlinks retains about 30 percent. PinDollars creator Chris Hedgecock said that he hasn’t talked to Pinterest yet about what the service; because of that he's unclear as to how long he will keep it going.

He currently has 100 users after a weekend launch, including us. However, there are a couple of things in the Pinterest Terms of Service that could cause issues:

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A ban against "Use the Service for any commercial purpose or the benefit of any third party, except as otherwise explicitly permitted for you by Pinterest or in any manner not permitted by the Terms;"

and a ban against being able to "upload content to, or create new links, reposts, or referrals in the Service through the use of any engine, software, tool, agent, device or mechanism (including automated scripts, spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by Pinterest or other generally available third party web browsers" (which could exclude this bookmarklet).

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