Thanks to my dear friend Aaron Strout, aka Citizen Marketer, for posting my thoughts on businesses and Pinterest on his blog! Appreciate! Link here, and full blog post from me below: http://blog.stroutmeister.com/2012/03/reluctantly-pinning-my-way-around-another-social-world/
Reluctantly Pinning My Way Around Another Social World.
Last month, I finally broke down and joined Pinterest. I didn’t want to. I held off for as long as I could, for a few reasons: I have a hard enough time keeping up with Facebook and Twitter, my two social means of choice; I heard Pinterest is a time sink hole, hours suddenly vanish and you are still pinning away; and I heard Pinterest is for housewives with lots of time on their hands: that cannot be me!
But you see, it is exactly my customer. Now at nearly 1.4 million users DAILY, Pinterest users are nearly 70% women, 50% with kids, most in that coveted 25-35 year old age bracket, and most with upper middle class or above household incomes.
THAT is exactly my customer, my target. You see, not only am I personally almost exactly that demographic (thought aged out now at 40), but this is who I market my business to. I couldn’t afford to miss Pinterest, for my brand, especially now with the opportunity to get in and “get pinning,” while it is still evolving.
My business, stripedshirt.com, focuses on fan-wear for women, kids and babies. Two color combination striped shirts to support a team, school, cause, organization. Women, aged 25-35, with kids and with disposable income are my ideal target. Pinterest gathers them all for me. OH AND my product is extremely visual – multi color shirts. Pinterest is built for beauty, color, great images, physical goods, pretty products, designs.
I’ve been on Facebook and Twitter for my business since day one, simultaneously setting up these business table stakes while getting my URL and building a website. But, I had not yet taken the Pinterest leap as of a month ago, honestly, out of fear that I’d get personally sucked in and lose more precious hours of my already-too-short days to yet another online social time suck.
I was intrigued, of course, especially by the recent “tipping point” for Pinterest. See, Pinterest is hardly new. It started Thanksgiving 2009. It’s been around over two years now. But this one is a strange one: it took off very slowly, plodding along really until something magical happened that other startups would likely kill to replicate. Somewhere around September 2011, Pinterest started taking off like a rocket ship. (Was it truly the power of PR? Pinterest was included in a Time Magazine Top 50 Best Websites of 2011 list in August. Who knows. Again, if the magic trigger could be identified, oh, how others would jump on board!)
Per Wikipedia, in January 2012, comScore reported Pinterest had 11.7 million unique users, making it the fastest site in history to break through the 10 million unique visitor mark. And founder Ben is now a beloved name and face to thousands of Mommy Bloggers and average middle aged American women. I heard he was mobbed, rockstar-style, when speaking at the AltSummit conference in January.
Somehow, refreshingly, Pinterest ignored the latest start up mantra of “Fail Quickly” and stuck with it until that magic moment when it went viral about six months ago. Shouldn’t be a surprise, Pinterest was BUILT to be viral – pinning and repinning is all about the “network effect” and, like Twitter, you don’t have to be friends to follow, or like, or pin. Also like Twitter, search in Pinterest is great (unlike Facebook), to find what you like, dig into topics of interest, find other inspirations.
And, a bit like Etsy, Pinterest is super easy, and all-inclusive about “selling” – simply add a dollar sign ($) to your image description and it beautifully tags the image as something for purchase. And you can post and pin your own stuff with ease, pimp your own goods! (Please, Pinterest, take your time in monetizing this feature, I know you will, but for the poor start ups out there, take your time!)
For all these reasons, I broke down and personally joined Pinterest, to be able to promote stripedshirt, my ecommerce business, THROUGH my own personal account. That’s deliberate. I do believe there will be strict rules for businesses on Pinterest, soon, regarding ecommerce and affiliate programs, percentages of sales to Pinterest and others. And I know soon we’ll be hearing a lot more about trademark and copyright rules with images. The big guys, and brands killing it on Pinterest like Real Simple and Martha Stewart Living can roll with those punches. Little startup me wanted to be more cautious.
For now, I’m one of the 12 million pinning away in Pinterest, and my business images, my products to shill, are clearly featured on my own boards, with information, URLs, pricing details indicating they are products for purchase, easy clicks to transactions. My friends are repinning my stuff and the images are starting to spread beyond my personal network to the wider Pinterest world.
Have I gotten a sale yet directly from Pinterest? Not that I can tell. But brand building and visibility is king. And again, if I’m a brand that cares most about Moms with kids, it would be dangerous to dismiss the power of Pinterest and be absent from it. It’s where my customers are, it’s where I need to be.
How about you? Have you also reluctantly pinned your way into a new social corner?