Tag: pinterest
Pinterest Users Can Now Shop Directly On The Site With Buyable Pins

Pinterest Users Can Now Shop Directly On The Site With Buyable Pins

By Tracey Lien and Andrea Chang, Los Angeles Times (TNS)

Happy pinning is turning into happy shopping.

Pinterest, the 5-year-old digital pinboard startup, is getting into the e-commerce game by providing a way for users to directly buy items pinned on the site.

Co-founder and Chief Executive Ben Silbermann announced the long-awaited move Tuesday at Pinterest’s headquarters in San Francisco.

“What’s next for Pinterest?” he asked. “Whenever we have to face that question we talk to pinners. People want to buy things on Pinterest.”

Buyable Pins, he said, are a “simple and secure way to buy the products you love from within Pinterest.”

Users will soon begin to see small blue price tags on certain pins as they scroll through their Pinterest feeds.

Tapping on the pin will bring up the price, color options and a product description, as well as the ability to swipe through additional images. Tapping on a button in the top right will allow the user to purchase the product, which can be done with a credit card or Apple Pay.

The order and payment are securely forwarded to the retailer, which will send the customer a confirmation and deliver the product. There’s no fee for the pinner or for the merchant.

Previously, users were only able to view the images.

There will be 2 million buyable products at launch, slated for the end of the month. Macy’s, Nordstrom, Neiman Marcus and Kate Spade are among the launch partners.

The commerce feature could be an enormous hit given how many pins — 50 billion across 1 billion boards — there are on Pinterest, and how devoted many users are to the fast-growing site. Pinterest currently has 70 million monthly active users, and the total number of pins on the site is growing 75 percent year over year.

Another advantage is most Pinterest boards are aspirational, so many boards already double as wish lists. So Pinterest is removing some of the friction between coveting something and actually buying it.

The company, citing data from research firm Millward Brown, said 93 percent of active pinners said they use Pinterest to plan for purchases and 87 percent said they’ve purchased something because of Pinterest.

For now, the feature will be available on mobile only and will launch on the iPhone and iPad. Other operating systems and platforms will come later. Pinterest said 80 percent of its users access Pinterest through a mobile device.

Silbermann said that every part of the experience, from the way users tap different options or scroll through images, has been optimized for mobile.

Photo: If you have a problem with online shopping, beware. via Wikimedia

Photo-Sharing Website Pinterest Hitting Home With Startups

Photo-Sharing Website Pinterest Hitting Home With Startups

By Deborah M. Todd, Pittsburgh Post-Gazette

PITTSBURGH — For Shawn Wall, the 35-year-old reigning champion of Pittsburgh Pinterest users, hopping onto the site’s bandwagon in 2012 was low on a list of priorities.

At the time, the 3-year-old San Francisco-based social media upstart where users save photos, block quotes and other digital images onto boards shared with friends had built a somewhat frilly reputation.

“I saw a lot of recipes, hairstyles, clothes, things like that. I thought it was a female-driven site,” said Wall.

But once the mobile developer began sharing screen shots of new iOS apps, modern architecture, contemporary furniture and the ongoing renovation of his vacation home, a spike in followers that eclipsed 1.7 million in less than two years proved Pinterest had a reach far beyond what might have seemed possible at first glance.

In an age where using the Internet and social media has become essential to businesses, Pinterest is hitting home nationwide with entrepreneurs as a potential source for targeted advertising.

And Pinterest has responded to the need in kind, with business accounts featuring analytics showing small businesses how many people pin from a website or click on items for sale.

The company also provides a “Pinning Principles” breakdown telling businesses to assess followers’ desires for pins, to design targeted boards, to share pins posted by other companies, and to show off the inspiration behind products for sale. In October, the company began allowing companies to use “promoted pins,” an option to pay high-profile pinners to pin certain images — an option that Wall briefly exercised.

Add to that an email marketing plan that Pinterest claims helps retailers gain thousands of new followers, and the site gives small businesses the potential to promote their brand to new customers without using direct advertising. The only real cost is the investment of time.

“Marketing on Pinterest isn’t about interrupting people or blasting out brand messages. It’s about identifying how your business fits in with a person’s interests and becoming part of how they participate and pursue that interest,” said Pinterest representative Mithya Srinivasan.

It’s about time specialty retailers and bloggers got the message, said Danny Maloney, CEO and co-founder of Oklahoma City-based Pinterest analytics firm Tailwind.

“Pinterest is different from other social networks because on Facebook and Twitter a lot of it is about volume of content, doing things like contests and sweepstakes. In the Pinterest community, the conversation is much more geared toward quality, and about finding and creating high-quality content that speaks to your followers,” Maloney said.

Although Wall hasn’t used his swelling of Pinterest traffic to gain business for his mobile development company TwoTap Labs, Maloney said the mobile developer is in a perfect position to do so.

Noting that Pittsburgh’s second-most-followed account — “How Sweet Eats” by food blogger Jessica Merchant — beat out both the Andy Warhol Museum and American Eagle Outfitters by at least 75,000 followers, Maloney noted that it’s also a great way for small businesses to get out the shadow of their corporate counterparts.

“It would be pretty hard for a business like How Sweet Eats to reach 160,000 loyal followers on an ongoing basis on another site, but they’re able to accomplish that on Pinterest,” he said.

For Merchant, who said she opened the How Sweet Eats business page after starting with Pinterest for personal use, the road to new followers was paved with conversation. Pinning 20 to 30 times a day about subjects ranging from last night’s meal to ’80s and ’90s fashion, she said people gravitated toward her page because they were passionate about what she was passionate about.

“I really think you have to love everything you pin. Readers come to you because they can relate to you,” she said.

Alycia Palmer, whose 19,196 Pinterest followers have increased traffic to her online wedding and baby planning business Before the I Do’s, tenfold since joining in 2012, said diversifying the types of pins shown has drawn more users, but being consistent has kept them.

Now a daily Pinner who said the process has become “addictive,” Palmer advises novices to hit the ground running to promote their businesses.

“If you’re new to Pinterest, it’s important to get out there, to hit some boards and get some pins up. Don’t think you’re going to have a strong turnaround if you have 10 boards and maybe two or three pins per board,” she said.

“Whatever your interest is or your brand is, get that out there.”

Photo via Wikimedia