Showing posts with label pins. Show all posts
Showing posts with label pins. Show all posts

Thursday, 4 June 2015

Coming Soon: More Ads On Instagram, And A 'Buy' Feature On Pinterest

Pinterest will soon allow users to buy products they find directly through the app. The company says users have been asking for that feature for a while.
Pinterest will soon allow users to buy products they find directly through the app. The company says users have been asking for that feature for a while.
Pinterest
Both social apps have the announcements in posts to their respective blogs. Instagram says its new ad strategy will bring "new formats, increased relevance, and broader [ad] availability." Pinterest is more direct; the title of its post is "Coming soon: Buyable Pins!" Here's a breakdown.
Instagram
Instagram says it's going to experiment with several new methods of "direct response" in ads on the app. In its post, the company says that soon "people will be able to learn about a product or service and then take action directly from an ad to sign up on a website, buy a product, or download an app." Instagram says it will start testing those features in the coming days.
The company also announces that it will begin using demographic data from Facebook to better target Instagram users. (Facebook bought Instagram in 2012.) "Working with Facebook, we will enable advertisers to reach people on Instagram based on demographics and interests, as well as information businesses have about their own customers," Instagram's post says. "We will also improve the feedback mechanisms within Instagram to give people greater control and improve the relevance of the ads they see." Ad Age also reports that Instagram will "add the ability to target its ads based on what accounts people follow on Instagram."
Instagram also plans to open up it its Ads API, as well as Facebook's ad buying interfaces, to select "marketing partners" in the next few months.
Pinterest
Pinterest will introduce "buyable Pins" in the coming weeks. "When you spot a Pin with a blue price, you'll know you can buy it right from the app," the company says. The buyable pins will also have a price filter, options to choose different colors of products, and the availability to purchase items through Apple Pay or a credit card.
In a post to its business blog, Pinterest says it won't take a cut from sales, and businesses will handle their own shipping and customer service "the way you always have." Pinterest says the buyable pins will be available on Apple products first, then Android in future releases.
Differing Responses
So far, Pinterest's announcement has been getting a more positive response than Instagram's. Pinterest says its users have actually been begging for a "buy" button for some time. Business Insider says the move sets the company up to become "one of the largest e-commerce platforms." It points out a survey of Pinterest users that found almost a third bought something in a store after seeing it on Pinterest.
Instagram is a different story. Ad Age says the app is about to get "More Facebook-y," which might not be a compliment. And eMarketer's Debra Aho Williamson told the New York Times, "It's not necessarily going to be the beautiful imagery that fans are used to."
http://www.npr.org/sections/alltechconsidered/2015/06/02/411569265/coming-soon-more-ads-on-instagram-and-a-buy-feature-on-pinterest

Tuesday, 17 February 2015

Are You Ready for Pinterest's Buy It Now Button


We All heard the news that No more Affiliate links will be allowed on Pinterest BUT dint expect it to turn into A Buy IT Now PIN…..


Move over, Pinning. Here comes buying.
Pinterest, the digital scrapbooking service, is laying the groundwork for an e-commerce offering with a “Buy” button that could launch in as little as three to six months, according to multiple sources. One of the people cautioned Pinterest may wait longer to roll it out, while another said the shopping feature would likely start as a limited test.
The Buy button would allow Pinterest users to order and pay for some of the products they discover on Pinterest without leaving the company’s website or app, these people said. Currently, Pinterest’s 70 million monthly visitors use the service to save and share images of things like recipes, furniture, food and clothing. But since Pinterest burst onto the scene several years ago, industry observers, analysts and users have been waiting for the day that it would transform itself from a digital corkboard into a digital mall.
The company has focused its near-term strategy on advertising, introducing Promoted Pins in May with a handful of big brands, and also recently introduced an “Install” buttonthat lets users download iPhone and iPad apps from within Pinterest. But a big part of what has excited some marketers about Pinterest is its potential to become a spectacular e-commerce platform. For example, it’s logical to assume people are signaling some interest — if not clear purchase intent — in a product when they Pin an image. By adding a Buy button, Pinterest is aiming to shrink the time between wanting something and buying it.
A spokeswoman for Pinterest* declined to comment on the company’s e-commerce strategy. Instead, the company responded: “Part of our strategy to help people discover new things, save them, and do these things in real life has always been to make Pins more useful.”
To handle the payments processing, Pinterest is close to an agreement with Stripe, a young payments company that has similar arrangements with Facebook and Twitter, according to industry sources. A Stripe spokeswoman declined to comment.
It’s not clear whether Pinterest’s advertising and commerce products will be integrated. But one could imagine a scenario in which retailers that incorporate Pinterest’s Buy button could also pay Pinterest to promote those images on the platform, similar to how some brands pay brick-and-mortar retailers to position their products more prominently than competitors’ in stores.
Pinterest’s e-commerce plans come as other social platforms such as Facebook and Twitter begin to experiment with their own Buy buttons. These tests, coupled with the rise of discovery-driven commerce apps such as Fancy, Wish and Wanelo, may have forced Pinterest’s hand in introducing a shopping function sooner than it had originally planned.
We All heard the News that Affiliate Links will be banned from Pinterest but are ready to start buying directly from Pinterest …..

Despite coming late to the game, Pinterest has an advantage over Facebook and Twitter because its users are already coming to the site to find new products. Its user base is also larger than any of the startup apps mentioned above. The challenge will be managing its users’ expectations, as it probably won’t hold any inventory of the products being sold. That means Pinterest won’t control the shipping process, which could make the shopping experience uneven for users. Pinterest will be counting on the sellers to do a good job with order fulfillment, while users may still blame Pinterest if something goes wrong.
The company will also find itself competing against Amazon, which has dabbled with Pinterest-like layouts in the past, as well as eBay, which has unabashedly taken cues from Pinterest’s grid format in its new homepage design and its iPad app. Then there’s Google, which is contemplating adding Buy buttons to some of the ads it shows next to search results, according to a recent report.
As the field has become more crowded, this was a plunge Pinterest had to take. Not only to live up to its hype and valuation — currently $5 billion after raising more than $750 million — but because the opportunity is too big to pass up. Last year, eMarketer estimated that the global e-commerce market would surpass $1.7 trillion in sales in 2015.


* Pinterest executive Joanne Bradford is an independent board member of Re/code’sparent company Revere Digital and has no involvement in our editorial process.

Friday, 13 February 2015

Why Pinterest Ads Are Going to Be Great

Pinterest has already proven successful in driving sales for online retailers, particularly for women. The mostly (80%) female social network has a really smooth flow to a point of sale, which makes it uniquely valuable to marketers. In the new year, Pinterest announced its intention to roll out their advertising platform to the public, and all indications would suggest it will be a great success.
Firstly, as I said, Pinterest boards already convert well to sales. Ads will therefore feel very similar to users. Although there will likely be a design element identifying promoted pins, the interaction with images linked to sites will be very similar. If you think about how starkly ads and posts on Facebook differ, this is a non-trivial difference.
Secondly, Pinterest is a platform where people post about their aspirations, including things they would like to buy. A comparison that I think is on point is: if you've bought a new piece of clothing, you Instagram it; if you see something online that you love, you Pin it. This information is incredibly valuable to marketers, making it possible to target an audience that has actively expressed an interest in purchasing their product. No other platform is this powerful: Facebook, for example, can at best offer an audience of people interested in your product, which does not necessarily mean they want to buy it.
Finally, among women Pinterest has reached a percentage of the US market that outshines all but Facebook, with 42% of online adult women using the platform. That is more than Twitter, Linkedin, or Instagram. The platform is growing faster than most, too, with an increase from 21% to 28% of online adults on it from 2013 to 2014 (only Instagram did slightly better).
Pinterest is a large and growing platform with exciting prospects for marketers. However, the high ROI of their ads is doomed to decay. To steal a piece of wisdom from Andrew Chen, "over time, all marketing strategies result in shitty clickthrough rates", meaning that as a certain marketing channel is used more and more, its effectiveness decreases. Email marketing open rates, for example, decreased from 14% to 11.3% between 2007 and 2009.
Fortunately, there are ways to fight this law, and one such solution suggested by Andrew is to "discover the next untapped marketing channel". That is where Pinterest comes in. Given all I have said above I believe Pinterest ads will consistently be more valuable than other social ads, but the best results will come to those first out of the gate.

Wednesday, 11 February 2015

Pinterest: how to market your business with the social media site

pinterest

Think Pinterest is just for people to post pictures of lovely lounges, crocheted owls or ice cream? Think again. While it can be lovely – not to mention incredibly distracting – to spend an hour browsing through “pins” of log cabins (I did warn you), the site also has numerous benefits for a small business.
The social media site, which was founded in 2010, has more than 70m usersworldwide and is planning to turn some of the vast amounts of behavioural data it’s been collecting into advertising opportunities.
Pinterest launched its Promoted Pins service in December 2014, which allows advertisers to target messages to users. In the coming year this should become a lot more streamlined and detailed, so if you’re promoting your business and developing brand awareness, Pinterest has a ready and willing audience of users (mainly female) prepared to look at what you’ve got.
Dani Booth, a digital marketing specialist at Jelf Group, plc, says businesses that don’t pin are missing out. “Pinterest is one of life’s great equalisers. In varying degrees, everyone from Baby Boomers to Millennials is pinning,” he explains. “The online world is an increasingly visual environment so if your brand is a good fit and currently isn’t using Pinterest, then you’re potentially missing a huge opportunity.”
Attention spans online are short, adds Booth, but “with such a strong mobile/device interface, it’s essentially your brand in their pocket”.
Some brands fit readily into Pinterest’s visual mould. Chefs use it successfully and for travel companies it’s an obvious choice. “These are brands than have designed an approach that is slap-bang in the middle of the Venn diagram of ‘building brand awareness’ and ‘satisfying customer desire’,” says Booth.
“Retailers, for example, use Pinterest to seed their product images into search results, placing them alongside maybe more famous brands and generating traffic to their site.”
He’s right. Search for a simple term such as ‘brogues’ and you’ll be presented with hundreds of portals to different shops selling the product of your dreams. This approach, says Booth, “coupled with an engaging approach to communicating with your customers/followers and nurturing the popularity of your pins, will set you on the road for success”.
Sue Westwood-Ruttledge runs animal photography business, Horse Photographer UK. She began using Pinterest in 2012 to put inspiration boards together for forthcoming shoots.
Westwood-Ruttledge has 348 followers and says that though it doesn’t seem much, it’s not her main source of promotion. It is, however, a valuable productivity tool: “I use it to collaborate with the stylist and hair/make up girls to make sure we know what look we are going for.”
“Secret boards are a way of connecting people in businesses and making sure they are all on the same page with any project,” Westwood-Ruttledge adds. “Also, using tags, web addresses and watermarks to identify the source of an image is really helpful. There’s nothing worse than liking something but you can’t find where it originates from.” She also displays her work on the site and, for example, if you’re a horse-lover and you type in the words “black, Welsh stallion” to the Pinterest search bar, up pops one of her pictures with a link to her business. This sort of exposure is not to be whinnied at.
Pinterest has its uses as an administrative device. Hayley Brown runs Edinburgh-based GlamCandy, a hair and makeup school.
“I have been on Pinterest for a while, using it for photoshoots, fashion and home decor inspiration. I used it a couple of times to show students, photographers, stylists and artists my research,” she says. “It then occurred to me that it was the perfect accessible app for makeup artists and students to get inspiration and research old and new trends. So in January 2014 it was introduced into GlamCandy as our students’ homework and research tracker.”
The company also uses Pinterest with its partners to research promotional shoots. Brown explains: “We recently used it as part of our photoshoot brief for our 2015 bridal campaign and we shared a private board with our team so they could combine ideas and inspiration.” Brown is now developing some (currently top secret) ideas about how the company will monetise its Pinterest site in the coming year.
She could take some tips from London-based estate and lettings agencyParamount. Like everyone else, they started using Twitter a couple of years ago but last December started looking into ways they could use Pinterest to boost business.
Marketing manager Carla Bradman says: “It’s been a very successful medium for us in two ways. Firstly, it’s fantastic for us as an estate agency because we can share and repin home and lifestyle-related images.” Even better, in December the company launched its #WhampPlanet campaign, using the new Pinterest map feature.
Bradman explains: “The #WhampPlanet campaign involved distributing tote bags with an illustrated West Hampstead map on them throughout the local area. Bag holders were then encouraged to take a little bit of West Hampstead with them around the world, sending us photos of the bag in iconic locations to upload to our Pinterest map.”
To date the #WhampPlanet bag has been to the South Pole, the Great Wall of China, the Galápagos Islands, the Super Bowl final and Machu Picchu – and many other places. The campaign has earned the company “increased engagement with our target audience and a driver of consistent new visitors to our website”. In fact, she says, “visitors that stay on our website longer from Pinterest than from any other social network,” says Bradman.

Pin yourself successful

• Pinterest has two sets of terms—one for people and one for businesses. If you’re using Pinterest for business purposes you should sign up for a (free) business account and agree to the Business Terms of Service.
• Foodporn alone does not make a successful business. The key to a popular Pinterest account is finding a niche or unique approach. Dani Booth says: “Curate both your own and others pinners’ images that appeal to your brand without transforming Pinterest boards into billboards.”
• Consider niche boards to garner more interest (for example, rather than “20th century furniture” have “mid-century Danish furniture”).
• Like other social media sites, success is in how collaborative you are. Get involved in other people’s “pins” (liking and commenting) – don’t just post blatant adverts to your own products, but follow related companies.

Saturday, 31 January 2015

Pinterest Brings Ads To Users’ Home Feeds


More users will be seeing ads on Pinterest, the company announced on Tuesday, detailing an expanded test of its advertising product which will now place ads in the form of “Promoted Pins” directly in users’ home feeds. Because the home feed is the first thing you see when landing on Pinterest’s site, this will make the advertisements more visible to users of the social bookmarking service, which only last month said it was opening up access to “Promoted Pins” to all U.S.-based partners.
At that time, the company offered some insights around Promoted Pins performance, noting that the ads perform as well as, or, in some cases, better than organic Pins. Brand advertisers were seeing a 30 percent bump in earned impressions, said Pinterest, and the Pins continued to perform (seeing an extra 5 percent bump in earned media) after campaigns ended.
Pinterest has been slowly testing Promoted Pins on its service over the past year, having first debuted the Promoted Pin ad product with select brands in May 2014. Initially, these Pins were only available in search and in category feeds, which is where it made sense to first target users given that the service would be able to match ads with the category or search terms a consumer was interested in.
With the launch of ads on the Pinterest home feed, the bigger challenge now is to make sure the Pins shown are still relevant to users’ interests. To help it achieve a better understanding of this, the company has been building recommendation and personalization technologies, and acquiring companies that can aid it in more automated ways. For instance, the company acquired image recognition and visual search startup VisualGraph last year, and just this month, announced the acquisition of machine learning and recommendation engine Kosei.
With these technologies enhancing Pinterest’s own search, filtering and recommendation capabilities, the service can better personalize itself to end users – and can help brands better target the right users, too.
Now it’s time to see how well these systems are working – after all, with ads now appearing in the home feed, users may be more sensitive to those they feel don’t match their interests or those they just generally don’t like.
Pinterest says that it will allow users to hide individual ads, however, and offer feedback as to why in order to help the company improve its ads in the future. These Promoted Pins will also continue to be labeled as such, so it’s clear to users which Pins are ads versus not.
In addition, Pinterest is making sure home feed ads are of a high-caliber before being shown.
“An ad will be shown in a home feed if it meets certain performance metrics, ensuring that only high quality Promoted Pins will be shown in the home feed,” a company spokesperson explains. “An advertiser cannot specifically target the home feed only, they will target a category related to their Promoted Pins and we will show the ads to people we think may be interested in the category,” they note.
Because of this additional quality bar, there will be fewer home feed ads than those shown in search and category feeds.
Earlier reports in 2014 stated that Pinterest’s advertising was expensive at launch, with the company asking for $1 million and more for ad buys and CPMs between $30 and $40. But later, self-serve, performance-based offerings were aimed at bringing those costs down for other, smaller businesses.
The company declined to say how many advertisers it works with today, or how many are testing home feed ads. However, those that will be shown in the home feed include previous advertisers like Kraft, Target, General Mills and Ziploc, to name a few.
These ads will be priced at the same fixed CPM that’s charged for targeting the category feed, Pinterest tells us.

Thursday, 11 December 2014

The Pinterest 100: What to eat, make and try in 2015

image
There are all kinds of recaps and best-ofs this time of year, but Pinterest is all about getting creative and planning ahead. While we love a good 2014 rehash as much as anyone, it’s even more fun to start hatching plans for 2015.
To jump-start our planning, we came up with 100 Pin predictions for the year ahead. We looked at trending Pins in popular categories, Pins from our most influential Pinners and even a few hand-picked by Pinterest employees. Here are ten teasers:
1. Cauliflower is the new kale in Food & Drink
The Pinterest 100: Food & drink.  Cauliflower crust pizza recipe.The Pinterest 100: Food & drink. Cauliflower crust pizza recipe.676PinterestThe Pinterest 100
The Pinterest 100: DIY.  DIY tree slab table.The Pinterest 100: DIY. DIY tree slab table.678PinterestThe Pinterest 100
The Pinterest 100: Fashion.  Everlane's Lookbook.The Pinterest 100: Fashion. Everlane's Lookbook.86PinterestThe Pinterest 100
4. Rug stencils hit Home
The Pinterest 100: Home.  Use as a "rug" stenciled particle board strand.The Pinterest 100: Home. Use as a "rug" stenciled particle board strand.121PinterestThe Pinterest 100
5. The juice craze continues in Fitness & Health
The Pinterest 100: Fitness & Health.   LEAF.tv's magical allergy reliever juice video recipe.The Pinterest 100: Fitness & Health. LEAF.tv's magical allergy reliever juice video recipe.by LEAF7PinterestThe Pinterest 100
6. There’s a beard for every lumbersexual in Grooming & Beauty
The Pinterest 100: Grooming & Beauty.  Mashable's best beard for your face.The Pinterest 100: Grooming & Beauty. Mashable's best beard for your face.64PinterestThe Pinterest 100
The Pinterest 100: Tech.   Apple Watch Compared other wearables.The Pinterest 100: Tech. Apple Watch Compared other wearables.96PinterestThe Pinterest 100
The Pinterest 100: Art & Design.  Double exposure by Michael O'Neal.The Pinterest 100: Art & Design. Double exposure by Michael O'Neal.2210PinterestThe Pinterest 100
9. Iceland stays hot in Travel
The Pinterest 100: Travel.  Where You Want To Go: San Franciscans' Most Coveted Travel Destinations by 7x7.The Pinterest 100: Travel. Where You Want To Go: San Franciscans' Most Coveted Travel Destinations by 7x7.124PinterestThe Pinterest 100
10. Greens go vertical in Gardening
The Pinterest 100: Gardening.  Vertical gardening is all the rage.The Pinterest 100: Gardening. Vertical gardening is all the rage.579PinterestThe Pinterest 100
There are lots more (90 to be exact) ideas to try on our Pinterest 100 board.
Here’s to getting creative in 2015!