The Next Big Thing In Social Media

The Next Big Thing In Social Media

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Move over Facebook, Twitter and Google+. Another social media site is stepping up as a valuable marketing tool for businesses.

Pinterest, an online bulletin board for your favourite images was launched in 2010 and has experienced wild growth ever since. By 2011 the site was driving more traffic to company websites and blogs than YouTube, Google+ and LinkedIn combined.

So why should you care? To answer that, you first have to understand how consumers are using the site. Pinterest allows you to organise images – maybe pretty sunrises or wines you’ve tasted – into boards for specific categories. When you ‘pin’ something new, your followers will see it. They can like, comment or re-pin it to their boards. Like Facebook content, your Pinterest pins can go viral.

Brides-to-be can pin pictures of different wedding dresses to review, and people shopping for a new car can pin images of their options. The possibilities are unlimited.

Here’s a look at why some business owners – particularly retailers – might want to seriously consider starting a business profile on Pinterest now.

How it’s being used

Perhaps the most powerful business application is the ability to post images of your company’s products on your Pinterest board and link them back to your website. It works as a sort of virtual store catalogue.

 

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But remember that this is social media. If you simply display images of your products without contributing other content or sharing other users’ pins, you’ll likely find that people don’t pay much attention.

After all, no one likes a self-absorbed blowhard. But savvy social media users know not to get too promotional. You want to pin images that make you laugh, make you think, or offer real advice or ideas to your customers.

Driving sales

Since launch, Pinterest has driven buyers to some websites. In the US, the retail deal site ideeli.com saw a 446% increase in web traffic from Pinterest in just six months, and sales resulting from those visits increased five-fold. According to ideeli.com, they continued the Pinterest conversation with their members by following their pins, and gave feedback outside of the shopping category — whether that meant commenting on a great recipe or giving a heart next to their favourite pet pics. Ultimately, they viewed Pinterest as a growing resource to better understand their members and the larger retail landscape.

Is Pinterest right for your business?

The site does have some drawbacks for businesses. If your product or service isn’t particularly visual, your images may not tie directly back to your brand. Pinterest also doesn’t offer business-oriented features, and its search function prioritises pin and board subjects ahead of ‘people’, the category that brands would fall into.

The best way to determine if Pinterest could attract buyers is simply to give it a shot. Set up an account and start pinning things that are relevant to your business but not too promotional.

If you run a lawn-care centre, for instance, pin pictures of landscaping you find online or snap in your community. If you’re a brick-and-mortar store, pin shots of the interesting sites and people around your neighbourhood and photos you take at community events. You can also search through Pinterest’s categories and add some inspirational, funny or beautiful images you find.

Then, follow interesting boards and individuals who post images that inspire you. Once you’ve done some pinning of other people’s content for a week or so and attracted a few followers, create a new board of your products. Add descriptions and perhaps the price to the images. Make sure they link back to your website and start tracking pinterest.com as a referral source in your website analytics.

Next, try creating an image of a special deal or coupon just for your Pinterest followers. Upload it to a new board for deals. Perhaps offer a prize to the person who gets the most likes or comments on a re-pin of the coupon, and then see who shares it the most.

Don’t fret about creating multiple boards. People who follow you will see them all. In a month or two, see if you’re getting referral traffic or sales. Depending on the results, you may need to tweak your boards with new images and words.

One thing is clear, whether you’re on Pinterest for personal or business reasons: The best images – be they funny, beautiful or thought provoking – attract the most attention and followers.

 

Jason Falls
Jason Falls is an author, speaker and CEO of Louisville, Ky.-based Social Media Explorer, a social media marketing, digital marketing and public relations consulting service.