Showing posts with label Pinterest Web Analytics. Show all posts
Showing posts with label Pinterest Web Analytics. Show all posts

Tuesday, August 6, 2013

3 Unique Ways to Use Pinterest for Business

#1: Increase Your Brand Authority

Do you want to establish authority in your field? This is a common goal for many businesses on Pinterest.
Middle Sister Wines positions itself on Pinterest as an authority in the wine industry by creating several Pinterest boards that provide useful and educational informationto their followers while promoting their products in fun ways.
middle sister wines on pinterest
Middle Sister Wines.
You don’t have to create all the content that you pin on Pinterest. To help position yourself as an authority in your field, share from a carefully vetted combination of sources to ensure your boards contain the most accurate and useful information available.
Middle Sister’s Wine Tips and Tricks board contains videos from their YouTube account, alongside resources from other industry experts. The board addresses topics such as how to pair wine with food and what type of glass should be used to serve different kinds of wine.
Follow Middle Sister Wines’ lead and pin relevant and helpful resources. Your followers will come to think of your account as the go-to place for reliable information about your subject. And as you increase your authority, you’ll continue to build trust, which could lead to increased customer loyalty and referrals from brand advocates.

#2: Expand Your Reach

Do you want to expand your reach and grow the size of your audience? Consider leveraging the community on Pinterest.
Use Group Boards and collaborate with popular pinners who have a large following to expose your brand and content to more people.
While Better Homes and Gardens (BHG) has a strong standing in traditional media, the average BHG Pinterest board had fewer than 200,000 followers.
One of BHG’s latest Pinners of the Month is Jennifer Chong. Jennifer pins content from BHG’s website to the Pinterest-owned board which exposes all of Jennifer’s 2 million followers to BHG’s content and to the BHG Pinterest account. As Jennifer’s audience follows the board, BHG’s follower numbers grow.
bhg board with jennifer chong
Better Homes and Gardens strategically collaborates with popular pinners to boost following.
Using group boards, BHG has grown its overall follower numbers to over 379,000.
bhg on pinterest
Better Homes and Gardens has developed group board strategies to grow their Pinterest following.
Use This Approach Thoughtfully
Your followers will see what your contributors pin, and what they pin will reflect on your business, so trust between parties is important.
The collaborative partnership should benefit both parties. In the example above, Jennifer received recognition and exposure from a renowned magazine and Better Homes and Gardens increased exposure and following of their Pinterest account.
A poorly conceived partnership built around content that isn’t relevant to your existing audience could lead to a loss of followers. Collaborate with someone outside of your niche and your followers will be confused. The collaboration must make sense.
With careful thought this is a great way to get in front of a wider audience.

#3: Drive Traffic to Your Site

Are you interested in getting more traffic to your site? Then consider using Pinterest. Beth Hayden, author of Pinfluence, revealed that Pinterest drives more referral traffic than LinkedIn, Google+ and YouTube combined.
In order to take advantage of this, Pinterest users first have to be attracted to your pins and repin them to their boards.
The most successful pins on Pinterest have some traits in common. They combine great images with content to solve a problem, inspire, offer something desirable or appeal to interest in a hobby or activity.
This doesn’t have to be difficult or expensive. For example, take this image from Gwen Wilson at Simply Healthy Family sharing a quick and easy way to shred chicken.
pin from gwen wilson
Pins don't necessarily have to be taken by a professional photographer to be popular.

Monday, March 18, 2013

Pinterest Banks on Web Analytics


is bitcoin ushering in an era of elctronic currency
Social pinboarding phenomenon Pinterest has announced the release of a new set of tools to help brands analyze the effectiveness of their content marketing and social engagement on the platform. Known simply as Pinterest Web Analytics, product manager Cat Lee, in an interview with Reuters, is quoted as saying, "The goal is really to help websites understand what content is resonating with people on Pinterest.”
This is potentially big news, as businesses and marketers try to figure out the best way to approach the fast-growing social network. At a time when marketers are scrambling to improve social conversion rates by offering personalized user content, Pinterest Web Analytics should be well received.
As the lion’s share of marketers wake up to the utility of personalized content marketing implementation, many organizations are still figuring out how they can efficiently (read cost-effectively) do so. According to data from Adobe/eConsultancy’s latest Quarterly Digital Intelligence Briefing, purchase history is only leveraged by 21% of marketing organizations, even though 77% of those say it has a “high impact on ROI;” moreover, behavioral data is employed by only 20%, while fully 68% acknowledge it is tied to strong ROI.
Back to Pinterest. For retailers especially, anecdotal evidence suggests there is a correlation between on-site content offerings and user spending levels. For example, data from e-commerce consultant RichRelevance shows that Pinterest shoppers, on average, spend roughly $170 per browsing session, a huge increase over that of Facebook ($95) and Twitter ($70) users.
The very layout and structure of the Pinterest site lends to its sales action-ability. A recent article from Reuters confirms this notion by quoting Kyla Brennan, chief executive of a Santa Monica-based company that analyzes Pinterest usage habits, as saying, "It's a huge window-shopping platform… it helps people find what they really like. Does it encourage people to be a little impulsive? Of course."
The secret to Pinterest’s rampant success- and the key to its inherent value for businesses and marketers- can be found somewhere along the intersection of user affinity and sales action-ability. People want two things from brands: affinity, or likeability, and action-ability. To get consumers to purchase a product or service, businesses must first give them a reason to buy, and then provide an easy way to do it.
Pinterest offers brands a unique platform to accomplish both of these.
To this point, a different Reuters article quotes the perspective of an average Pinterest user, 26 year-old Becca Bijoch from Minneapolis- young, female, well-educated, with disposable income.
For Becca, and countless others like her, Pinterest more than just a social platform, it is a way of life.
To the extent Pinterest Web Analytics allows this pinning zeitgeist to be tapped into, analyzed, quantified, and replicated, it can be worth a lot of money for retailers and other businesses. Importantly, it may also provide an ad-free monetization strategy to Pinterest. Such a strategy would likely go a long way in preserving the natural and structural integrity of the site - a novel feat among the social networks.

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