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Pinterest Business Overview
1.
Nina Zhang (ninazh)
2.
Problem “To help people
collect the things they are passionate about online and find inspiration that they can apply to their own lives”
3.
Products Home Feed Lens
4.
Products Visual Search
5.
Finances v Is Pinterest
profitable? -not yet v Big increase in net loss in 2019 is associated with going public
6.
Active Users
7.
Revenue from Domestic
vs. InternationalUsers
8.
Promoted Pins Product
Pins Business Model: Advertisements
9.
History August2012March2010 Pinterest launched iPhone app Pinterest
first launched website, invite based Website open to public March2011
10.
History April2019October 2012 Pinterest began charging advertisers
for product promotion Launch of business accounts on Pinterest Company went public 2014
11.
Leadership Ben Silbermann Co-founder and
CEO Evan Sharp Co-founder, Chief Design & Creative Officer Paul Sciarra Co-founder, Advisor
12.
SecretSauce v Visual discovery
and search v Focus on personal growth and planning v Positive energy
13.
What’s Hot Group Boards
14.
Competition Visual Search LikePosts Saveposts
Stories Pinterest Instagram Facebook Snapchat Limited to group boards Private to user Private to user
15.
Success Prediction v Growing user
base and revenue v Push to better monetize international users v Making content more personalized
16.
References ● https://newsroom.pinterest.com/en-gb/products ● https://blog.hootsuite.com/pinterest-statistics-for-business/ ●
https://www.searchenginejournal.com/infographic-how-users-interact-with-pinterest/58071/ ● https://finance.yahoo.com/quote/PINS/financials?p=PINS ● https://www.statista.com/chart/17642/monthly-active-users-of-pinterest/ ● https://www.businessinsider.com/pinterest-growing-popularity-overseas-2019-5 ● https://fourweekmba.com/how-does-pinterest-work-make-money/ ● https://www.investopedia.com/articles/personal-finance/022415/how-pinterest-makes- money.asp ● https://qz.com/1730456/how-pinterest-became-the-only-app-where-people-want-ads/ ● https://beebom.com/evolution-of-pinterest-from-2010-to-2012-pics/ ● https://www.nytimes.com/2019/04/18/technology/pinterest-stock.html ● https://www.startupgrind.com/blog/exclusive-pinterest-co-founder-paul-sciarra-is-leaving-the- company/ ● https://www.dailymail.co.uk/sciencetech/article-6282739/Can-Pinterest-succeed-slow-growth- strategy.html ● https://newsroom.pinterest.com/en/post/new-group-board-features-for-more-collaborating ● https://socialmediaweek.org/blog/2017/06/the-future-of-pinterest/
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