Saturday, February 25, 2012

The rising interest - Pinterest!


We have heard so many things about Facebook and Twitter. There’s just no doubt that these two sites are the top social networking sites. But, we need to know that there are other good sites too! They might even get better than FB and Twitter in a few days!  This blog is about one such site which has already started proving the big potential it has for marketing brands and consumers. For those who have started wondering, this is about an emerging social networking site - Pinterest.

Pinterest is a photo sharing website. It takes social networking to the next level. You’re not gonna do it with just 140 characters or a status update anymore! If you see a photo that you like on the web, or if you have one in your desktop, you can upload it on to Pinterest.  These photos are called ‘Pins’. You can create a bulletin board full of photos that you like, which is called a Board.

Once a photo is pinned, it can soon be re-pinned by the other Pinterest users. This is how a photo or an idea gets spread virally on the network.  Just like the other networking sites, what appears on your home page is determined by the people you choose to follow. The interesting thing here is, you can pick and choose what all boards of a user you want to follow rather than following all the boards of one user.

The other significant feature of Pinterest is that, you can add photos from other websites if you have bookmarked Pinterest on your web browser. Let’s say, you find an interesting picture on Amazon.com. You can create a Pin for this image on Pinterest just by clicking on the bookmark. This will also create a link to Amazon.com, where people can find out a lot more information about it. And, when you add price to an image like this, it will automatically create a banner for that image.

Pinterest can also be used for collaboration, in a way. You can choose to let your friends post something on your board. This is particularly useful when you have had a trip with some of your friends. It is only natural that you have some photos and your friends have some other photos of the same trip. So, when you have created a board for the trip and when you are done posting your photos on the board, you can add your friend’s name as a contributor to the board. He will now be able to pin his set of photos to the board.

Pinterest is one site which has tremendous potential. It has been around only for two years but the number of users on this site has jumped from a few thousands to over 10 million in the last few months. This provides an excellent platform for marketing brands and advertising. We are now in the era of Google Ads and Facebook Ads. But, there will soon come a time, when we will start designing a campaign for Pin-ads! One Metric that can be used to measure the success in Pinterest is the number of times an image gets re-pinned. It would be more valuable than the number of impressions (on Google Ads), as these images get spread by the users themselves.





Remember Sun-Moon-Star?






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