top 5 pinterest boards businesses should have
TRANSCRIPT
The Top 5 Pinterest Boards that Delaware Businesses Should Have
Charlie Vincent, Esq.President, Innovincent
June 9, 2015
Delaware Small Business Chamber
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Presenter: Charlie Vincent, Esq.
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• Owner of Innovincent LLC– Wilmington, DE based strategic management
consulting firm – Clients: nonprofits and businesses (primarily DE)– Areas of practice: fundraising, governance, event
planning, strategic planning and marketing• Prior to Innovincent:– Delaware attorney specializing in corporate
governance and corporate litigation matters (2007-2014)
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Keeping Things Pinteresting
• Overview: Who Uses Pinterest and Why Pinterest
• Pinterest for Business• Things to Pin on Pinterest• 5 Pinterest Boards for Delaware Businesses
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Overview: Initial Assumptions
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• Assumption 1: Your business has a website and is selling a product or service
• Assumption 2: Your website includes a blog and has a business presence on one or more social networking sites (Facebook, LinkedIn, Google+, Instagram, Pinterest, Twitter)
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Overview: Initial Assumptions
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• Assumption 3: Your business has some social media and SEO strategy that aims to increase awareness and sales
• Assumption 4: You’ve heard of Pinterest and want to learn more.
Even if one or all of these assumptions are wrong, Pinterest is sufficiently large enough that it should be on your business’s radar.
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Keeping Things Pinteresting
• Overview: Who Uses Pinterest and Why Pinterest
• Pinterest for Business• Things to Pin on Pinterest• 5 Pinterest Boards for Delaware Businesses
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Overview: Who Uses Pinterest
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• Pinterest is among the top 2 or 3 social networking sites used by all online adults – Facebook (71%), Pinterest (28%), LinkedIn (28%),
Instagram (26%), Twitter (23%)Pew Internet Social Media Update 2014 (Jan. 2015)
• Gender use of Pinterest from all online adults– Female (42%) (up from 33% in 2013)– Male (13%) (up from 8% in 2013)
Pew Internet Social Media Update 2014 (Jan. 2015)
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Overview: Who Uses Pinterest
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• Latest data suggests that Pinterest users are 70% female, 30% male
JP Mangalindan, Pinterest's Evan Sharp: Guys are on here, too, Mashable (Apr. 29, 2015), mashable.com/2015/04/29/pinterest-evan-sharp-users/
• Male user base grew 73% from March 2014 to March 2015, outpacing all other Pinterest growth
Jordan Novet, 80 percent of Pinterest’s traffic comes from mobile devices, Venture Beat (March 31, 2015), http://venturebeat.com/2015/03/31/80-percent-of-
pinterests-traffic-comes-from-mobile-devices/
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Overview: Who Uses Pinterest
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• Age Demographic of Pinterest Users– 18-29 (34%) (up 7% from 27% in 2013)– 30-49 (28%) (up 4% from 24% in 2013)– 50-64 (27%) (up 13% from 14% in 2013)– 65+ (17%) (up 8% from 9% in 2013)
• Compare with Facebook:– 18-29 (87%)– 30-49 (73%)– 50-64 (63%)– 65+ (56%) <- largest growth (11%) from 2013-2014
Pew Internet Social Media Update 2014 (Jan. 2015)
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Overview: Who Uses Pinterest
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• Income Demographic of Pinterest Users– Less than $30,000/year (22%) (up 7% from 15% in
2013)– $30,000-$49,999 (28%) (up 7% from 21% in 2013)– $50,000-$74,999 (30%) (up 9% from 21% in 2013)– $75,000+ (34%) (up 7% from 27% in 2013)
Pew Internet Social Media Update 2014 (Jan. 2015)
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Overview: Who Uses Pinterest
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• Among the fastest growing social platforms – Fastest increase in active users year over year
(111% growth from 2013)Rex Santus, Tumblr and Pinterest now fastest growing social platforms
(Mashable Nov. 26, 2014), mashable.com/2014/11/26/tumblr-pinterest-fast-growing
– 2nd largest growth in all online adult users behind Instagram in 2014
Pew Internet Social Media Update 2014 (Jan. 2015)
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Overview: Who Uses Pinterest
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• Pinterest is small relative to Facebook, Google+, but comparable to Instagram, LinkedIn and Twitter
• Estimated ~50 million active users/month– 72.8 million users in March 2015 (25% increase from 2014)
JP Mangalindan, Pinterest's Evan Sharp: Guys are on here, too, Mashable (Apr. 29, 2015), mashable.com/2015/04/29/pinterest-evan-sharp-users/
– Ahology study (June 2014): Pinterest has 53 million monthly active U.S. users compared with Twitter’s 57 million (including Canada)
– eMarketer predicted Twitter has 48.2 million monthly active users and Pinterest has 40 million
Jeff Bercovici, Still More Data Shows Pinterest Passing Twitter in Popularity, Forbes (June 24, 2014) www.forbes.com/sites/jeffbercovici/2014/06/24/still-more-data-shows-pinterest-
passing-twitter-in-popularity
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Overview: Why Pinterest?
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• Answer: Mobile Internet– Mobile accounts for 25% of global web usage
Mary Meeker, Internet Trends 2015 Code Conference, KPCB, May 27, 2015, http://www.kpcb.com/internet-trends
– In the U.S. in 2014, mobile (smartphones and tablets) accounts for 60% of total digital media time used (up from 50% in 2013)
Andrew Lipsman, Major Mobile Milestones in May: Apps Now Drive Half of All Time Spent on Digital, Comscore (June 25, 2014),
http://www.comscore.com/Insights/Blog/Major-Mobile-Milestones-in-May-Apps-Now-Drive-Half-of-All-Time-Spent-on-Digital
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Overview: Why Pinterest?
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• Answer: Mobile Traffic & E-Commerce– Thanksgiving 2014: For the first time, online traffic from
mobile devices (smartphone browsing) exceeded traditional PCs, accounting for more than half (52.1%) of all online traffic
IBM Digital Analytics Benchmark (Nov. 29, 2014), www-01.ibm.com/software/marketing-solutions/benchmark-hub/alert.html
– 70% of consumers claim to have made a purchase with their smartphones in 2014 (up from 59% in 2013) and 41% say they plan to make even more smartphone purchases in 2015
CFI Group, Holiday Report (Nov. 2014), http://cfigroup.com/downloads/CFI_eBay-ent_holiday_mobile_on_rise_2014.pdf
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Overview: Why Pinterest?
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• Pinterest drives 7% of web traffic sites receive, second only to Facebook
Jillian D’Onfro, This Chart Shows Why Pinterest is Way More Important than Twitter or Reddit for Traffic Referals, Business Insider (Apr. 21, 2014), http://www.businessinsider.com/pinterest-advertising-big-deal-2014-4#ixzz2zf57lo5H
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Overview: Why Pinterest?
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• Pinterest drives 7% of web traffic sites receive, second only to Facebook
Jillian D’Onfro, This Chart Shows Why Pinterest is Way More Important than Twitter or Reddit for Traffic Referals, Business Insider (Apr. 21, 2014), http://www.businessinsider.com/pinterest-advertising-big-deal-2014-4#ixzz2zf57lo5H
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Overview: Why Pinterest?
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• Answer: Pinterest is the most mobile social network– 64% of Pinterest’s referred traffic comes from
mobile browsers (ahead of Facebook)Adobe Digital Index, U.S. Mobile Benchmark Report (2014),
http://www.cmo.com/content/dam/CMO_Other/ADI/ADI_Mobile_Report_2014/2014_US_Mobile_Benchmark_Report.pdf
– More than 80% of Pinterest usage is on smartphones and tablets
Jordan Novet, 80 percent of Pinterest’s traffic comes from mobile devices, Venture Beat (March 31, 2015), http://venturebeat.com/2015/03/31/80-percent-of-pinterests-
traffic-comes-from-mobile-devices
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Overview: Why Pinterest?
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• Answer: Pinterest leads Facebook in driving brand loyalty and sales– Content sharing on Pinterest is up 131% in 2014
from 2013 (Facebook down 42.6%)Adobe Digital Index, U.S. Mobile Benchmark Report (2014),
http://www.cmo.com/content/dam/CMO_Other/ADI/ADI_Mobile_Report_2014/2014_US_Mobile_Benchmark_Report.pdf
– Pinterest referrals average $105.75 per order (Facebook referrals average $101.38 per order)
IBM Digital Analytics Benchmark (Jan. 5, 2015), http://www-01.ibm.com/software/marketing-solutions/benchmark-hub/alert.html
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Keeping Things Pinteresting
• Overview: Who Uses Pinterest and Why Pinterest
• Pinterest for Business• Things to Pin on Pinterest• 5 Pinterest Boards for Delaware Businesses
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Pinterest for Business
• business.pinterest.com• Business account advantages– Promote your business and website / push
content– Analytics– Others besides you individually can post
• Use to research and promote relevant market competitors or ideas
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Pinterest for Business
• Business account advantages– Promote your business and website / push content– 2/3 of all the content people Pin is from a business’
website (Source: Novet, 80 percent of Pinterest’s traffic comes from mobile devices)
– Analytics– Others besides you individually can post
• Can link/post to other social media accounts (Facebook, Twitter) – but NOT Facebook business page
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Pinterest for Business
• Analytics• Lots of potentially valuable information for
your business
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Keeping Things Pinteresting
• Overview: Who Uses Pinterest and Why Pinterest
• Pinterest for Business• Things to Pin on Pinterest• 5 Pinterest Boards for Delaware Businesses
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Things to Pin on Pinterest
• Think about what your clients are interested in• Think about what potential clients may be
interested in – Financial institution potential clients probably
won’t pin a lot of tips about interest rates but sharing home décor and DIY ideas for newlyweds may trigger a positive association once they start shopping for a mortgage
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Things to Pin on Pinterest
• Think about points of market entry– E.g., consumer is planning a wedding, home
remodel, prepping for holidays• Create boards that use key words that you
want Google to find (SEO)
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Things to Pin on Pinterest
• Think about what people are looking for on Pinterest
• Most pinned categories– Food & Drink– DIY & Crafts– Home Décor– Holidays and Events
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Things to Pin on Pinterest
• Most frequently browsed Pinterest categories– Weddings– Kids– Science & Nature– Education– Technology– Tattoos– Video
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Things to Pin on Pinterest
• Also think about trends & changing demographics– Technology, Sports, Videos, etc.
• Largest growth for men using Pinterest– Car & Motorcycle Pins +118% – Men’s Fashion Pins +96%
Mary Meeker, Internet Trends 2015 Code Conference, KPCB, May 27, 2015, http://www.kpcb.com/internet-trends
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Keeping Things Pinteresting
• Overview: Who Uses Pinterest and Why Pinterest
• Pinterest for Business• Things to Pin on Pinterest• 5 Pinterest Boards for Delaware Businesses
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5 Pinterest Boards for Businesses
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• Board 1: Website Board• Board 2: Blog Board• Board 3: Video Board• Board 4: Collaborative Board• Board 5: Trending Topics Board(s)
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Board #1: Website Board
• Think of it like an “About Our Business” page• Can repin content to other more specific
boards• Should have 10 or more pins– Ideas: Office pictures, awards/plaques, etc.– Office opening, moving, etc. – behind the scenes
pictures are sometimes compelling also
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Board #2: Blog Board
• SEO: Every blog or article you write should have some sort of image along with it.– Catchy graphics, infographics, product images
• Pin from your blog, browser, on through Pinterest
• Can repin the post to other boards if you want• Cross-promote from Twitter, Facebook,
Instagram and other social media accounts
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Board #3: Video Board
• Video content marketing is only getting bigger • YouTube and Vimeo still underutilized
platforms for businesses• Pinterest allows you to pin video and audio
(podcasts, YouTube, etc.)• Be sure to control your content for ROI and
analytic purposes
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Board #4: Collaborative Board
• Collaborative/Group Boards allow multiple users to post to one board
• Allows for increased engagement and exposure
• Increased followers and influence• You can join a board or invite others to join
your board
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Board #5: Trending Topics
• Examples: Special events and holidays (Christmas, Easter, Valentine’s Day) – could have a different board a month
• Examples: Seasonal – recipes, exercise, places to visit (local or destination)
• Example: Local areas of interest: restaurants, real estate
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Other Considerations for Another Day
• Rich Pins and Promoted Pins (drive sales)• Pin to Win Contests (use sparingly, but
potentially good for developing followers)• Pinning/re-pinning/liking/commenting
strategy – many experts suggest 10-15 pins/day, with 5-10% being original content
• Employee engagement strategies
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Thank you!
[email protected]/innovincent
Tweet @innovincentFacebook.com/innovincentdelaware
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