As Mashable reports, Pinterest drives more traffic than Google+, YouTube, and LinkedIn combined. Not only is it capturing amazing stats, but the site is a new form of social media that we haven’t seen before– and it is both smart and pretty. Instead of links, we have photos/images. Instead of categorizing items in a list, we have virtual boards. And when you view someone’s profile, you see a beautifully organized, image-based representation of that person’s interests. While Chris Brogan argues that Pinterest catches more of the female demographic than the male sector, I am tempted to say that 1) I doubt that will hold true for too long and 2) who cares?! It still works as a social media outlet that helps marketers on all sides. In fact, in addition to the aesthetic pictorial representation on the site, I’m also fascinated by the multifaceted marketing dynamic.
There is the product. When I say ‘product’ I’m referring to the photo that the user loves enough to pin on one of their boards. This can be anything from a blouse you see on J.Crew or a book you want to read/have read to a poster print you have hanging in your office or want to hang in your office. When the user pins this to the board, that person become personally connected to the brand of that product. The brand then benefits from this pinning because any one of the the user’s followers who sees the pin, and says, wow…I really like that blouse, too…and proceeds to click on it gets directed to the J.Crew website. While this is great for the brand/company on the other side of the pin, it also creates more design demand. You’ve got to have a strong design element to your website if you want to be on Pinterest.
Then, there is the brand that gets on Pinterest as a user. When J.Crew gets on Pinterest, what do they pin? While they are not currently on Pinterest as a user (you’ll see their clothes pinned everywhere–no surprise there), what would be smart to pin from a marketer’s perspective? Sure, why not put more of their clothes on the site, but they could also show those products coming from companies they’ve partnered with like New Balance, Timex, Sperry, Ray Ban, etc. Or, how about from an institution/school like the University of Virginia: what do they like? They could pin their paraphernalia, published faculty books, images from events, football games, the surrounding town, restaurants– all of these things bring students to the UVa website. Not many companies/institutes/brands have hopped on Pinterest to create a profile yet, but I think it would be a smart thing to do. Not only do you create a diversified portfolio of the products and personality of the brand itself, but you create a personal following– your fans do not just ‘like’ your company, they follow you and pin your products on their walls. The marketer can even see what specific products are getting the most visual attention.
What do you think about Pinterest?