Apr 1, 201408:39 AMThe Web Chef's Cafe
with Paul Gibler
Pinterest: Developing your business strategy
(page 1 of 2)
It’s time for a refresher and some additional insights on how to use Pinterest as part of your social media marketing mix. Since I wrote a blog post titled “Pinterest — visual asset accelerator” a couple of years ago, Pinterest has continued to grow and offer marketing benefits for sharing visual media assets with a wide array of Pinterest users. On its fourth birthday this March, Pinterest claimed to have 70 million active users, with a growing number of them located overseas.
For Pinterest, the name of the game has become how to monetize its millions of users without turning them off to the scrapbooking site’s appeal. According to The Wall Street Journal, four years after its launch, Pinterest is readying the introduction of Promoted Pins. The article notes that Pinterest has been experimenting with a beta group of advertisers — including home décor site Wayfair, hotel chain Four Seasons, and Unilever brands’ TRESemmé and Hellmann’s — with all of them reporting positive results. This has led Pinterest to announce the launch of Promoted Pins later this spring. The ads will be sold on either a CPM (cost-per-thousand impressions) or CPC (cost-per-click) basis, depending on advertisers’ objectives, and will reportedly be initially limited to large-scale consumer advertisers.
The Promoted Pin ads will show up in relevant search results and in higher positions on trending topics on Pinterest and clearly be labeled with a Promoted Pin tag.
As I was writing this blog post, Pinterest was accepting inquiries about Promoted Pins but did not have any specific information about the program on its Pinterest for Business resource pages.
Outside of Promoted Pins, Pinterest offers a number of benefits for marketers. To capitalize on these benefits, your organization needs to take action. Among the first steps: Be sure that your Pinterest account is a business account. If you have a Pinterest account that isn’t a business account, you can convert it here. If your business doesn’t have a Pinterest account, it can create one here. Once you have a business account, be sure to verify your site with Pinterest.
Your visual assets
To maximize the value of your Pinterest account, make sure that your website is effectively using visual images as part of your content strategy and that you have facilitated the sharing of these visual assets through a Pin It social sharing plug-in.
Some examples of visual content assets you could promote through Pinterest are the following:
- The cover of a whitepaper or “how-to” guide that your company has created
- Photos of products or services you are promoting
- An infographic detailing steps in a process or background information on some facet of your industry, company, product, or service
- Photos of socially responsible activities your organization supports or is involved with
- An educational video or replay of a webinar that your company has hosted
- Behind-the-scenes photos or videos
- Historical photos of products, plants, storefronts, etc.
- Pictures of employees and executives
- Photos of customer events
- Digital images of print ads, shareable video ads, logos
The opportunities are endless and will vary based on the nature of your business and your marketing objectives. The key is to think visual!