Tuesday, April 3, 2012

Pin it to Win it


Businesses are beginning to get in on the Pinterest action, according to AdAge 

But, what’s the appeal? Several factors come into play:
  • Traffic. Time Inc’s Real Simple magazine site saw more traffic from Pinterest last October than it did from Facebook.
  • Purchases. Brands are counting on Pinterest’s ability to influence purchase decisions. During the holidays Land’s End even kicked off a contest focused on the site called “Pin it to Win it.”
  • Engagement. Nordstrom, which created a Pinterest page last March, uses the site as a way to learn about the community and engage with customers.
Pinterest currently has no formal policy regarding business involvement on the site, though it does decry blatant self-promotion. As with the early, pre-business page days of Google+, brands are finding ways to take advantage of what the site has to offer and connect with a well-defined user demographic (Women between the ages of 25 and 44, which comprise 59% of its readership, cites Mashable.).
A post at Read Write Web – How Businesses Are Using Pinterest – lists three ideas for brands considering establishing a presence on the site:
  1. Share ideas on how to use a company’s products. Whole Foods is doing this by creating “food porn” inboards that encourage use of its products.
  2. Host contests. RWW said Land’s End contest resulted in 10 Pinterest users receiving $250 gift cards for creating “inboards” of their favorite Land’s End products.
  3. Make products accessible. Users are posting images of their dream product – perfect last meal, over-the-top wedding or dream vacation – and companies are responding with images of their own.




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