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Are you   interest-ED



           Social Media Marketing @Convonix
What Wikipedia thinks it is


    Pinterest is a pinboard-
       style social photo
 sharing website that allows
  users to create and manage
theme-based image collections
   such as events, interests,
       hobbies and more
What bloggers think it is




It‟s a social networking and publishing site based on photos
What WE think it is
What Pinterest thinks it is



     Pinterest lets you
   organize and share all
  the beautiful things you
      find on the web
What it actually is
It’s an addictive online
       scrapbook
What is Pinterest all about?


• It‟s About Discovery, Not Search
• The Content is the Navigation
• It‟s About Interests, Not Friends
• It Creates Persistent Content
• It Doesn‟t Seem Commercial (Yet!)
The origin of Pinterest
•   The Pinterest project began in December 2009 with former Google
    display advertising designer Ben Silbermann at the head, supported by
    Paul Sciarra of Radius Ventures and Evan Sharp, former Facebook product
    designer



•   Pinterest started operation under closed beta status in March 2010



•   Although the ability to expand Pinterest's membership was somewhat
    limited with the invite-only clause, its growth was alarmingly exponential

•   While in its beta stage, Pinterest accumulated over 1.5 million users with
    approximately 3.8 million views per day
How to use it
                           Invitation request

           Use Facebook                   Use individual login details




                             Create boards

             Your own                        Or choose from available




                                Pinning

  Upload a new pin/linking/comment     Follow people/boards and re-pin
What is a pin?
  A pin is added to Pinterest. A pin can be added from a website using the
  „Pin it‟ button or you can upload images from your computer. Each pin
  added using „Pin it‟ button links back to the site it came from.
What is a board?
  A board is a set of pins. A board can be created on any topic, such as
  Cool Posters, Recipes For Dinner, or Wishlist. You can add as many pins
  to a board as you want
Pricing Function
Linking Back

               Add URL in
Pin directly   description
   from
  website


            Link the
            board to
          the website




  TRAFFIC
Why all the Interest in Pinterest?
• January 2012, Pinterest had 11.7 million
 unique users



• It‟s the fastest site in history to reach 10
 million unique visitors per month



• 3rd most visited social media site in the US



• Average time spent on website by a
 visitor from Pinterest is higher in
 comparison to other social platforms
Why did this happen?
•   Visual appeal

•   Invite-only

•   Strong word of mouth

•   Something new is exciting

•   Design

•   Action buttons are hidden

•   Limited comments

•   Images are center stage

•   It's easy & it‟s a fun experience

•   It‟s like shopping
industries that should use Pinterest
 •   E-commerce

 •   Beauty

 •   Apparel

 •   Tourism

 •   Education

 •   Wedding planning

 •   Interior decoration

 •   Designing

 •   Photographers

 •   Hotels and Food Chains
• Drive traffic

• Index boards

• Build links and back-links

• Searching Images

• Analyzing Traffic

• Buttons to Pin
• Make sure to repin and follow other pins and
  users from the same industry
• Infographs are big on Pinterest
• Fill out the “About You” section that appears
  under your photo so that your followers know
  about you
• Link the pinned photo back to your site
• If you‟re selling something, add the price to your
  pin
• Get creative with the board names
• Feel free to pin videos!
• Always add a description to your pins
• Make sure to change the descriptions written by
  others to make your pins unique
• Repin everything to your Twitter and Facebook
  profiles by default
• Create boards strictly for your own business
• Use your brand‟s Pinterest account for personal
  pinning
• Use Pinterest if it can‟t be a part of your over-
  all social media strategy
related: http://pinterest.com/
Lover.ly
• Completely visual inspiration engine and cloud scrapbook for all your
 wedding favorites
• Plan a wedding, create your dream wedding, collect ideas for your wedding,
 etc.
• Have various color schemes to help you narrow down searches or to find
 what your looking for
pinspire



• Same layout as
  Pinterest
• The top search
  query is “Pinterest
  clone”
gentlemint

             • “Manly website”
             • Still invite based
             • The core of Gentlemint
               was actually built in a day
What to measure?




               Social Media Marketing @Convonix
How to measure the Metrics


Pinterest lets     Google             Pinpuff lets       Provides
you monitor        Analytics lets     you measure        analytics and
the pins and       you measure        Pinfluence -       graphs
repins that are    referral traffic   popularity,
done from your     coming from        influence,
website            Pinterest          activity, reach    You can
                                      on a scale of      measure
                                      100                profile, board
Adding,            You can also                          and pin level
„source/yourwe     measure                               insights
bsite‟ after       conversions,       You can
pinterest.com/     last interaction   measure the
will let you see   conversions,       value of pins &    Lets you
the total          assisted           referral traffic   measure the
number of pins     conversions                           popularity and
from your                                                reach of your
website                                                  boards and
                                                         pins
A FEW SUCCESSFUL CASE
       STUDIES
CONNECT WITH YOUR
                               TARGET AUDIENCE

•   Etsy‟s pinboards really take to heart what its brand stands for


•   The company is humanizing its brand and forming deeper
    connections with its target audience.


•   Etsy representative Adam Brown said that "Pinterest is a growing
    source of traffic for Etsy" and that they consider it "terrific for our
    members because it's another way for shoppers to discover all of the
    amazing things that Etsy sellers create."
• In 2011, Perpetual Kid began to gain
                      organic exposure on Pinterest as
                      customers pinned pictures of Perpetual
                      Kid‟s products, as well as pictures that
DRIVE WEB TRAFFIC     had been drawn on shipping boxes by
                      the staff



                    • In the summer of 2011, Pinterest was
 GENERATE LEADS
                      driving only 0.20% of Perpetual Kid‟s
                      total traffic; by January 2012, it was up
                      to 2.63%

 CONVERT SALES
                    • For Perpetual Kid, Pinterest traffic
                      converts to a sale at more than twice
                      the rate of Facebook traffic
Social media traffic: perpetual kid
Indian Brands
•   Niraj Shah, CEO Wayfair (the 2nd largest home goods retailer by
    revenue) says that shoppers referred by Pinterest are 10% more
    likely to make a purchase than visitors who arrive from other social
    networks, including Facebook and Twitter



•   "Pinterest is a huge source from a referral standpoint, even beating
    out referrals from Facebook in the month of October," said Shannon
    King, GM of digital for Real Simple magazine



•   When Lionsgate introduced video content to its Pinterest profile,
    Lionsgate BeFit‟s YouTube activity doubled, from 200,000 to
    400,000 views
what’s behind the Pinterest
      phenomenon?

               Critical
                mass

          Lower barriers to
           building reach


Pinterest is reportedly monetizing the
 site by making money as an affiliate
Are you Pinterest - Ed?

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Are you Pinterest - Ed?

  • 1. Are you interest-ED Social Media Marketing @Convonix
  • 2. What Wikipedia thinks it is Pinterest is a pinboard- style social photo sharing website that allows users to create and manage theme-based image collections such as events, interests, hobbies and more
  • 3. What bloggers think it is It‟s a social networking and publishing site based on photos
  • 5. What Pinterest thinks it is Pinterest lets you organize and share all the beautiful things you find on the web
  • 7. It’s an addictive online scrapbook
  • 8. What is Pinterest all about? • It‟s About Discovery, Not Search • The Content is the Navigation • It‟s About Interests, Not Friends • It Creates Persistent Content • It Doesn‟t Seem Commercial (Yet!)
  • 9. The origin of Pinterest • The Pinterest project began in December 2009 with former Google display advertising designer Ben Silbermann at the head, supported by Paul Sciarra of Radius Ventures and Evan Sharp, former Facebook product designer • Pinterest started operation under closed beta status in March 2010 • Although the ability to expand Pinterest's membership was somewhat limited with the invite-only clause, its growth was alarmingly exponential • While in its beta stage, Pinterest accumulated over 1.5 million users with approximately 3.8 million views per day
  • 10. How to use it Invitation request Use Facebook Use individual login details Create boards Your own Or choose from available Pinning Upload a new pin/linking/comment Follow people/boards and re-pin
  • 11. What is a pin? A pin is added to Pinterest. A pin can be added from a website using the „Pin it‟ button or you can upload images from your computer. Each pin added using „Pin it‟ button links back to the site it came from.
  • 12. What is a board? A board is a set of pins. A board can be created on any topic, such as Cool Posters, Recipes For Dinner, or Wishlist. You can add as many pins to a board as you want
  • 14. Linking Back Add URL in Pin directly description from website Link the board to the website TRAFFIC
  • 15. Why all the Interest in Pinterest? • January 2012, Pinterest had 11.7 million unique users • It‟s the fastest site in history to reach 10 million unique visitors per month • 3rd most visited social media site in the US • Average time spent on website by a visitor from Pinterest is higher in comparison to other social platforms
  • 16.
  • 17. Why did this happen? • Visual appeal • Invite-only • Strong word of mouth • Something new is exciting • Design • Action buttons are hidden • Limited comments • Images are center stage • It's easy & it‟s a fun experience • It‟s like shopping
  • 18. industries that should use Pinterest • E-commerce • Beauty • Apparel • Tourism • Education • Wedding planning • Interior decoration • Designing • Photographers • Hotels and Food Chains
  • 19. • Drive traffic • Index boards • Build links and back-links • Searching Images • Analyzing Traffic • Buttons to Pin
  • 20.
  • 21. • Make sure to repin and follow other pins and users from the same industry • Infographs are big on Pinterest • Fill out the “About You” section that appears under your photo so that your followers know about you • Link the pinned photo back to your site • If you‟re selling something, add the price to your pin • Get creative with the board names • Feel free to pin videos! • Always add a description to your pins • Make sure to change the descriptions written by others to make your pins unique
  • 22. • Repin everything to your Twitter and Facebook profiles by default • Create boards strictly for your own business • Use your brand‟s Pinterest account for personal pinning • Use Pinterest if it can‟t be a part of your over- all social media strategy
  • 24. Lover.ly • Completely visual inspiration engine and cloud scrapbook for all your wedding favorites • Plan a wedding, create your dream wedding, collect ideas for your wedding, etc. • Have various color schemes to help you narrow down searches or to find what your looking for
  • 25. pinspire • Same layout as Pinterest • The top search query is “Pinterest clone”
  • 26. gentlemint • “Manly website” • Still invite based • The core of Gentlemint was actually built in a day
  • 27. What to measure? Social Media Marketing @Convonix
  • 28. How to measure the Metrics Pinterest lets Google Pinpuff lets Provides you monitor Analytics lets you measure analytics and the pins and you measure Pinfluence - graphs repins that are referral traffic popularity, done from your coming from influence, website Pinterest activity, reach You can on a scale of measure 100 profile, board Adding, You can also and pin level „source/yourwe measure insights bsite‟ after conversions, You can pinterest.com/ last interaction measure the will let you see conversions, value of pins & Lets you the total assisted referral traffic measure the number of pins conversions popularity and from your reach of your website boards and pins
  • 29. A FEW SUCCESSFUL CASE STUDIES
  • 30. CONNECT WITH YOUR TARGET AUDIENCE • Etsy‟s pinboards really take to heart what its brand stands for • The company is humanizing its brand and forming deeper connections with its target audience. • Etsy representative Adam Brown said that "Pinterest is a growing source of traffic for Etsy" and that they consider it "terrific for our members because it's another way for shoppers to discover all of the amazing things that Etsy sellers create."
  • 31.
  • 32.
  • 33. • In 2011, Perpetual Kid began to gain organic exposure on Pinterest as customers pinned pictures of Perpetual Kid‟s products, as well as pictures that DRIVE WEB TRAFFIC had been drawn on shipping boxes by the staff • In the summer of 2011, Pinterest was GENERATE LEADS driving only 0.20% of Perpetual Kid‟s total traffic; by January 2012, it was up to 2.63% CONVERT SALES • For Perpetual Kid, Pinterest traffic converts to a sale at more than twice the rate of Facebook traffic
  • 34. Social media traffic: perpetual kid
  • 36.
  • 37.
  • 38. Niraj Shah, CEO Wayfair (the 2nd largest home goods retailer by revenue) says that shoppers referred by Pinterest are 10% more likely to make a purchase than visitors who arrive from other social networks, including Facebook and Twitter • "Pinterest is a huge source from a referral standpoint, even beating out referrals from Facebook in the month of October," said Shannon King, GM of digital for Real Simple magazine • When Lionsgate introduced video content to its Pinterest profile, Lionsgate BeFit‟s YouTube activity doubled, from 200,000 to 400,000 views
  • 39. what’s behind the Pinterest phenomenon? Critical mass Lower barriers to building reach Pinterest is reportedly monetizing the site by making money as an affiliate