Pinterest
Introduction 
 Pinterest is a Pin Board style Social Photo and Video 
Sharing site launched in 2009 by Cold Brew Labs Inc. 
Pinterest is the “Fastest growing Social Networking 
Service in the World.” 
 Pinterest is a visually focused images sharing site, 
centered on interest, lifestyles, and planning. 
 It is a social network that allows users to visually 
share, curate, and discover new interests by posting, 
also known as ‘pinning,’ images or videos to their own 
or others’ pinboards (i.e. a collection of ‘pins,’ usually 
with a common theme). 
 Pinterest allows users to create and manage image 
collections according to related theme. It allows users 
to browse other’s Pin Boards for Re-Pin for their
History 
 The evolution of Pinterest is based on the shared interest 
of its users and relies on its members to produce the 
content. The most popular categories, as of March 2012, 
were home, arts and crafts, style/fashion, and food. 
 Development of Pinterest began in December 2009, and 
the site launched as a closed beta in March 2010. The site 
proceeded to operate in invitation-only open beta. 
 Founded by Ben Silbermann, Paul Sciarra, and Evan 
Sharp to create community of “Pinners” who can easily 
share their interests and ideas with each other. 
 Silbermann said he personally wrote to the site's first 5,000 
users offering his personal phone number and even 
meeting with some of its users. 
 Nine months after the launch the website had 10,000 
users. Silbermann and a few programmers operated the 
site out of a small apartment until the summer of 2011.
About CEO 
 Ben Silbermann is an 
American Internet 
entrepreneur who co-founded 
Pinterest, a 
virtual pinboard which 
lets users organize 
images, links, recipes 
and other things. 
 His Nationality is 
America. 
 His Spouse is Divya 
Bhaskaran. 
 His net woth is $100 
million
Home Page
Things can be done on Pinterest 
 Pin: An image posted to 
Pinterest 
 Pinning: The act of 
visually sharing content 
 Pin Board: A set of 
theme-based pins. 
 Repin: Reposting 
somebody else’s pin 
 Pin It Button: Button 
that can be place on 
websites 
 Pinner: The person who 
does the sharing
Success 
 After the launch of an iPhone app in early March 2011, brought in 
a more than expected number of downloads. 
 In December 2011, the site became one of the top 10 
largest social network services, according to Hitwise data, with 
11 million total visits per week. 
 In January 2012, comScore reported the site had 11.7 million 
unique users, making it the fastest site in history to break 
through the 10 million unique visitor mark. 
 According to Experian Hitwise, the site became the third largest 
social network in the United States in March 2012, behind 
Facebook and Twitter. 
 The Co-founder Paul Sciarra left his position at Pinterest in April 
2012 for a consulting job as entrepreneur in 
residence at Andreessen Horowitz. 
 On 10 August 2012, Pinterest no longer required a request or an 
invitation to join the site. In addition, the Pinterest app 
for Android and iPad was also launched on August 14, 2012.
Success 
 On September 20, 2012 Pinterest announced the hiring of its 
new head of engineering, Jon Jenkins. Jenkins came 
from Amazon, where he spent eight years as an engineering 
lead and was also a director of develop tools, platform analysis 
and website platform. 
 In October 2012, Pinterest announced a new feature that would 
allow users to report others for negative and offensive activity or 
block other users if they do not want to view their content. 
Pinterest said they want to keep their community "positive and 
respectful."Also in October, Pinterest launched business 
accounts allowing businesses to either convert their existing 
personal accounts into business accounts, or start from scratch. 
 In March 2013, Pinterest acquired Livestar. Terms were not 
disclosed. 
 In October 2013, Pinterest acquired Hackermeter. The 
company’s co-founders, Lucas Baker and Frost Li, joined 
Pinterest as engineers.
Success 
 According to Alexa Traffic Ranks 
Global Rank is 26. 
Country Percent of Visitors Rank in Country 
United States 44.9% 12 
India 9.1% 17 
United Kingdom3.9% 19 
Canada 3.1% 14 
France 2.4% 35
Awards 
 Pinterest won the Best 
New Startup of 2011 at 
the TechCrunch 
Crunchies Awards . 
 At the 2012 Webby 
Awards, Pinterest won 
best social media app 
and people's voice 
award for best 
functioning visual design.
Business pages 
 Pinterest also allows businesses to create pages aimed at 
promoting their companies online.Such pages can serve 
as a "virtual storefront/" In one case study of a fashion 
website, users visiting from Pinterest spent $180 
compared to $85 spent from users coming from Facebook. 
These users spent less time on the company's website, 
choosing instead to browse from the company's pinboard. 
 Further brand studies have continued to show Pinterest is 
more effective at driving sales than other forms of social 
media. 
 In 2013, Pinterest introduced a new tool called 'Rich Pins', 
to enhance the customer experience when browsing 
through pins made by companies. Business pages can 
include various data, topics and information such as prices 
of products, ratings of movies or ingredients for recipes.
Is Pinterest Important for your 
Business? 
 Pinterest is growing very fast, daily unique visitors of 
Pinterest is nearly 1.5 million and spending an around 15 
minutes a day on the website. 
 In January 2012, Pinterest drive greater traffic to websites 
than combined Google Plus, Youtube, LinkedIn and Reddit 
traffic. So, Pinterest offers opportunity to Businesses and 
Internet Marketers to grow their business. 
 You can tag other Pinterest user in your pins it will help to 
grow your network, you can use @username to tag. 
 You can pin interesting and informative videos on 
Pinterest. You can share videos from youtube and other 
videos sharing websites easily. You can create your own 
videos to share on Pinterest
Branding your business on 
Pinterest 
 Set-up A New Business Account 
 http://business.pinterest.com
Create Business Account
Next Step….. 
 Follow 5 Boards then…
Verify your Business Account
Interesting thing about 
Pinterest 
 Pinterest is now the third most popular social network 
 Pinterest was the fastest social network to hit the 10 
million visitor mark 
 Pinterest referrals spend 70% more money than 
visitors referred from non-social channels 
 Call-to-action pins increase Pinterest engagement by 
80% 
 Pinterest has 85 million unique visitors each month 
 80% of Pinterest users are women, while 50% of all 
Pinterest users have children 
 Total unique visitors to Pinterest has increased by 
2,702.2% since May 2011
Interesting thing about Pinterest 
 Over 80% of Pins are Repins 
 Pinterest reached 10 million users in 1/3 of the time it 
took Twitter to do the same 
 25% of Fortune Global 100 companies are on 
Pinterest 
 Over 1/5 of Facebook users are on Pinterest 
 Pinterest attracts 1,090 visitors per minute 
 Users spend 4.5 more time on Pinterest than Linkedin 
 Pinterest drives more revenue per click for 
eCommerce sites than Facebook or Twitter.
Growing Market in Social 
Networking 
In October 2013, 
 Facebook, which raised $2.33 billion. 
 Twitter which has raised $1.16 billion. 
 Pinterest won a $225 million round of equity funding 
that valued the website at $3.8 billion. 
In May 2014, 
 The company said it raised a $200 million 
investment that values it at $5 billion, making 
Pinterest one of the most valuable venture-capital 
backed startups in the world.
Pinterest is universal 
 Pinterest appeals to a wide variety of 
audiences
Pinterest ppt

Pinterest ppt

  • 1.
  • 2.
    Introduction  Pinterestis a Pin Board style Social Photo and Video Sharing site launched in 2009 by Cold Brew Labs Inc. Pinterest is the “Fastest growing Social Networking Service in the World.”  Pinterest is a visually focused images sharing site, centered on interest, lifestyles, and planning.  It is a social network that allows users to visually share, curate, and discover new interests by posting, also known as ‘pinning,’ images or videos to their own or others’ pinboards (i.e. a collection of ‘pins,’ usually with a common theme).  Pinterest allows users to create and manage image collections according to related theme. It allows users to browse other’s Pin Boards for Re-Pin for their
  • 3.
    History  Theevolution of Pinterest is based on the shared interest of its users and relies on its members to produce the content. The most popular categories, as of March 2012, were home, arts and crafts, style/fashion, and food.  Development of Pinterest began in December 2009, and the site launched as a closed beta in March 2010. The site proceeded to operate in invitation-only open beta.  Founded by Ben Silbermann, Paul Sciarra, and Evan Sharp to create community of “Pinners” who can easily share their interests and ideas with each other.  Silbermann said he personally wrote to the site's first 5,000 users offering his personal phone number and even meeting with some of its users.  Nine months after the launch the website had 10,000 users. Silbermann and a few programmers operated the site out of a small apartment until the summer of 2011.
  • 4.
    About CEO Ben Silbermann is an American Internet entrepreneur who co-founded Pinterest, a virtual pinboard which lets users organize images, links, recipes and other things.  His Nationality is America.  His Spouse is Divya Bhaskaran.  His net woth is $100 million
  • 5.
  • 6.
    Things can bedone on Pinterest  Pin: An image posted to Pinterest  Pinning: The act of visually sharing content  Pin Board: A set of theme-based pins.  Repin: Reposting somebody else’s pin  Pin It Button: Button that can be place on websites  Pinner: The person who does the sharing
  • 7.
    Success  Afterthe launch of an iPhone app in early March 2011, brought in a more than expected number of downloads.  In December 2011, the site became one of the top 10 largest social network services, according to Hitwise data, with 11 million total visits per week.  In January 2012, comScore reported the site had 11.7 million unique users, making it the fastest site in history to break through the 10 million unique visitor mark.  According to Experian Hitwise, the site became the third largest social network in the United States in March 2012, behind Facebook and Twitter.  The Co-founder Paul Sciarra left his position at Pinterest in April 2012 for a consulting job as entrepreneur in residence at Andreessen Horowitz.  On 10 August 2012, Pinterest no longer required a request or an invitation to join the site. In addition, the Pinterest app for Android and iPad was also launched on August 14, 2012.
  • 8.
    Success  OnSeptember 20, 2012 Pinterest announced the hiring of its new head of engineering, Jon Jenkins. Jenkins came from Amazon, where he spent eight years as an engineering lead and was also a director of develop tools, platform analysis and website platform.  In October 2012, Pinterest announced a new feature that would allow users to report others for negative and offensive activity or block other users if they do not want to view their content. Pinterest said they want to keep their community "positive and respectful."Also in October, Pinterest launched business accounts allowing businesses to either convert their existing personal accounts into business accounts, or start from scratch.  In March 2013, Pinterest acquired Livestar. Terms were not disclosed.  In October 2013, Pinterest acquired Hackermeter. The company’s co-founders, Lucas Baker and Frost Li, joined Pinterest as engineers.
  • 9.
    Success  Accordingto Alexa Traffic Ranks Global Rank is 26. Country Percent of Visitors Rank in Country United States 44.9% 12 India 9.1% 17 United Kingdom3.9% 19 Canada 3.1% 14 France 2.4% 35
  • 10.
    Awards  Pinterestwon the Best New Startup of 2011 at the TechCrunch Crunchies Awards .  At the 2012 Webby Awards, Pinterest won best social media app and people's voice award for best functioning visual design.
  • 11.
    Business pages Pinterest also allows businesses to create pages aimed at promoting their companies online.Such pages can serve as a "virtual storefront/" In one case study of a fashion website, users visiting from Pinterest spent $180 compared to $85 spent from users coming from Facebook. These users spent less time on the company's website, choosing instead to browse from the company's pinboard.  Further brand studies have continued to show Pinterest is more effective at driving sales than other forms of social media.  In 2013, Pinterest introduced a new tool called 'Rich Pins', to enhance the customer experience when browsing through pins made by companies. Business pages can include various data, topics and information such as prices of products, ratings of movies or ingredients for recipes.
  • 12.
    Is Pinterest Importantfor your Business?  Pinterest is growing very fast, daily unique visitors of Pinterest is nearly 1.5 million and spending an around 15 minutes a day on the website.  In January 2012, Pinterest drive greater traffic to websites than combined Google Plus, Youtube, LinkedIn and Reddit traffic. So, Pinterest offers opportunity to Businesses and Internet Marketers to grow their business.  You can tag other Pinterest user in your pins it will help to grow your network, you can use @username to tag.  You can pin interesting and informative videos on Pinterest. You can share videos from youtube and other videos sharing websites easily. You can create your own videos to share on Pinterest
  • 13.
    Branding your businesson Pinterest  Set-up A New Business Account  http://business.pinterest.com
  • 14.
  • 15.
    Next Step….. Follow 5 Boards then…
  • 16.
  • 17.
    Interesting thing about Pinterest  Pinterest is now the third most popular social network  Pinterest was the fastest social network to hit the 10 million visitor mark  Pinterest referrals spend 70% more money than visitors referred from non-social channels  Call-to-action pins increase Pinterest engagement by 80%  Pinterest has 85 million unique visitors each month  80% of Pinterest users are women, while 50% of all Pinterest users have children  Total unique visitors to Pinterest has increased by 2,702.2% since May 2011
  • 18.
    Interesting thing aboutPinterest  Over 80% of Pins are Repins  Pinterest reached 10 million users in 1/3 of the time it took Twitter to do the same  25% of Fortune Global 100 companies are on Pinterest  Over 1/5 of Facebook users are on Pinterest  Pinterest attracts 1,090 visitors per minute  Users spend 4.5 more time on Pinterest than Linkedin  Pinterest drives more revenue per click for eCommerce sites than Facebook or Twitter.
  • 19.
    Growing Market inSocial Networking In October 2013,  Facebook, which raised $2.33 billion.  Twitter which has raised $1.16 billion.  Pinterest won a $225 million round of equity funding that valued the website at $3.8 billion. In May 2014,  The company said it raised a $200 million investment that values it at $5 billion, making Pinterest one of the most valuable venture-capital backed startups in the world.
  • 23.
    Pinterest is universal  Pinterest appeals to a wide variety of audiences

Editor's Notes

  • #25 Ben Silbermann, Paul Sciarra and Evan Sharp founded pinterest and launched it in March of 2010 as an invite only beta meaning one had to be invited through email by an existing user. After a successful trial run the full website opened to the public in August 2012 and now anyone can join. Hyperlink to Pinterests About Page