Beyond Wedding Planning and Recipes: for Organizations Social Media Alliance of Chattanooga Adrienne Royer February 23, 2012
Pinterest Basics• Pinterest is a digital bookmarking network designed to "connecteveryone in the world through the things they find interesting.“• Started in 2008• Launched in 2010• Valued at $200 million by Andreessen Horowitz in October 2011.• Secured $37 million in venture capital in 2011• Employs 16 people, including founders Ben Silbermann & EvanSharp
Pinterest Stats•10.4 million members• 9 million are connected to Facebook• 11.7 million unique visits in Jan. 2012 compared to 1.2 million in Sept.• Fastest site in history to break the 10 million unique visits mark• Growth has been organic and largely ignored by Silicon Valley and themedia until the past two months
Pinterest vs. Facebook• 1.5 million visits a day• Average user spends 14+minutes a day• 500 million visits a day• Average user spends 23 minutes a day
Pinterest DemographicsDriven by womenKey users are 25-54Source: Ignite Social Media
Pinterest DemographicsUsers are educatedUsers are middle class Source: Ignite Social Media
Why Are Women Important?• 9 out of 10 women are the primary shopper for their family• Women buy or influence 85% of all consumer purchases• American women spend about $5 trillion annually, which is more than half of the U.S. GDP• 22% shop online at least once a day• 92% pass along information about deals or finds to others• 171: average number of contacts in their e-mail or mobile lists• 78% want to be part of a special or select panel• 58% would toss a TV if they had to get rid of one digital device (only 11% would ditchtheir laptops)• 51% are moms Source: She-Economy.com
What Do Women Think?• 59% of women feel misunderstood by food marketers• 66% feel misunderstood by health care marketers• 74% feel misunderstood by automotive marketers• 84% feel misunderstood by investment marketers•91% of women in one survey said that advertisers don’t understandthem•70% of new businesses are started by women Source: She-Economy.com
Why is Pinterest Successful?“Pinterest is how a woman’s brain operates.”-Valerie RoyerPinterest is the hottest new social-networking tool. And it’s digital crack forwomen.”-Petula Dvorak, Washington Post
Why is Pinterest Successful?• Pinterest breaks down the silos of creative, lifestyle and mommyblogs• Allows research to be informative, social and FUN!• Saves & bookmarks “I might need that one day” information in avisually appealing and simplistic order
Design Balanced with Function• Masonry style allows images to be different sizes, yet balanced andvisually appealing• Background images are muted and peaceful colors are used• Infinite scrolling• Create unlimited number of themed boards• Switch between pin & board views• Social aspect allows you to follow friends, re-pin (based on re-tweet)and comment• Roll out and beta phases were slow• Built a core group of fans with creative thought and industry leaders
Benefits of Pinterest1. Drives more referral traffic than Google Plus, LinkedIn& Youtube combined
Benefits of Pinterest2. Increased salesIdeeli reported a 446% increase in traffic from Pinterest & salesresulting from visits have increased by a factor of five.
Benefits of Pinterest3. Improves SEO• Linking account to Facebook & keeps activity going that isindexed by Google• Pin descriptions use keywords and hashtags• Adding “pin it” buttons to sites, connects the two & encouragesvisitors to capture links to your site• Pinterest information in Google Analytics is more descriptive
Who is on Pinterest?Top 10 Brands According to Mashable1. Perfect Palette 244,163 Followers 113 Boards 6,925 Pins2. Real Simple 34,995 Followers 50 Boards 1,795 Pins3. The Beauty Department 29,706 Followers 24 Boards 255 Pins4. HGTV 18,122 Followers 16 Boards 539 Pins5. Apartment Therapy 17,066 Followers 3 Boards 266 Pins6. Kate Spade New York 16,847 Followers 9 Boards 1,526 Pins7. Better Homes and Gardens 15,859 Followers 59 Boards 1,111 Pins8. Whole Foods 15,650 Followers 23 Boards 678 Pins9. West Elm 11,828 Followers 31 Boards 1,064 Pins10. Mashable 11,546 Followers 13 Boards 264 Pins
How to Use Pinterest?1. Understand the Environment!• Pinterest is not about sales or marketing• Pinterest is about information, aspiration and inspirations**Always use a social network or tool for 2-3 months in your personal lifebefore adding it to your professional communications mix.
How to Use Pinterest?2. Pin Regularly• Unlike Facebook and Twitter, it’s acceptable to pin in burststhroughout the day.*Be careful if your Twitter and Facebook accounts are linked to yourfeeds. • Try to pin at least once a day to keep your boards fresh. • Always link back to the original source of a pin for attribution. •Always click through the link before re-pinning to make sure the link is correct and works.
How to Use Pinterest?2. Use Smart SEO• Always use descriptive content for each pin. • 500 character limit• Like Twitter, you can use hashtags to emphasize keywords• Connect with other pinners by using the @username like Twitter• Adding the $ to pins, automatically categorizes them as gifts• Make sure to add a description and category to each of your boards• Be mindful of links. Make sure pin goes back to a webpage and notjust a graphic• If you have Flash on your website, make sure you have some graphics.Can pin videos and graphics but not pins
How to Use Pinterest?3. Build Relationships• Pinterest is a 2-way communications method•Follow people back! Following is voluntary.Your followers are brand ambassadors.•Re-pin and like other people and brand’s pins. Don’t pin in a vacuum.• Comment on other pins• Track who is re-pinning you and follow back!• Make your pins sound like a real person wrote them. Don’t wrote in PressRelease!• Use other networks to build followers from Facebook, Twitter and email• Add “pin this” and “Follow us on Pinterest” buttons to your site
How to Use Pinterest?4. Use Personality• Authenticity is key. You need to be genuine and develop a voice for your brand.• Don’t “sell” stuff. Drive relationships and traffic through information and visualelements that identify your organizations.•Have fun!•Not everything is about the bottom line. Social media won’t drive sales but it canassist them.•Pin things that aren’t necessarily attached to your brand or organizations butrelate to your identity.
Further ReadingPinterest Designhttp://designshack.net/articles/business-articles/addictive-ux-why-pinterest-is-so-dang-amazing/Pinterest Demographicshttp://www.ignitesocialmedia.com/social-networks/pinterest-demographic-data/How Brands Can Use Pinteresthttp://www.location3.com/how-brands-can-use-pinterest/Problems with Pinterest for Brandshttp://techcrunch.com/2012/01/29/7-reasons-why-pinterest-isnt-yet-ready-for-tech-brands/What Pinterest needs to addhttp://theblogfrog.com/1020999/forum/148432/10-things-we-wish-pinterest-could-do.html
Beyond Wedding Planning and Recipes: for Organizations Questions? Contact me at email@example.com or @AdrienneRoyerFollow me on Pinterest! www.pinterest.com/AdrienneRoyer