Pinterest has begun removing affiliate systems, stripping bloggers of a way to make money.
The blogging platform's affiliate links, redirects and trackers are now being removed, as reported by VentureBeat. This means that bloggers who used to earn commission from affiliate networks will no longer receive sales cuts if viewers click through and make a purchase.
An email forwarded to the publication said these links are currently being removed, specifically targeting "power pinners" who use affiliate networks RewardStyle and Hello Society. Select users who received the news were told "if you've participated in either of these affiliate networks, all your past Pins will show up normally and still be clickable."
In other words, no pins will be deleted from the social network -- but you can say goodbye to your paycheck.
The move comes as Pinterest turns its gaze towards monetizing in other ways. Promoted Pins, for example, is a recent scheme launched by the firm to lure advertisers to the fold. Marketers can promote pin sets to appear in search results, set up a target audience and only pay the firm when there is a click through to the promoter's website.
In addition, Pinterest is working with online payment provider Stripe to introduce a "Buy" button to allow users to order and pay for showcased and pinned items without leaving the website.
Pinterest caters for approximately 70 million monthly visitors. The social media platform allows users to 'pin' web pages and images of interest ranging from clothing to food, sports to furniture. Monetizing in-house makes sense, especially as so much product-based content is generated by users. If Pinterest can secure the necessary partnerships and affiliate deals, the possibilities could be endless.
When it comes to users who have just lost earnings, the social media platform suggests they "participate in paid social media marketing involving Pinterest, be paid to curate a board or be paid to create original content for a business."
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