12 December, 2012
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Is Pinterest winning the social media race?
Is Pinterest winning the social media race?
Apparently it is, as far as
connecting brands to their customers in concerned. Pinfluencer, the Pinterest
analytics and marketing company, recently reported that brands such as Martha Stewart,
Gilt and Shape Magazine were able to increase their follower acquisition rates
by a massive 156% while boosting pins per day by an equally large 125% after
running promotions on its platform. According to Jonathan Goldmann, head of
JetSetter’s social media, a scavenger hunt initiated by the firm even managed
to have its pins posted as much as seven million times.
Rising to the top
On the other hand, Facebook
seems to be struggling in terms of marketing. Having lost an advertiser as
important as General Motors at the beginning of the year, it still seems to be
having a hard time in terms of holding its nerves together when dealing with
things such as the number of brand messages that would be appreciated by users
rather than annoy them, as well as the monetary charges that companies should
be subjected to for making use of the privilege. It has also been in hot waters
with the famous American business tycoon Mark Cuban who publicly announced his
disdain for the said social network for charging ridiculously and still not
being able to properly deliver his Dallas Mavericks posts to the Mavs fans and
followers.
In the wake of Facebook
facing such crisis, Pinterest has jumped at the opportunity to further
strengthen its position as the ideal platform for advertisers. Pinfluencer
plays a vital role in promoting Pinterest as the perfect choice for companies
by demonstrating how they can effectively engage with followers and
successfully conduct viral marketing, eventually leading to increased sales.
Pinterest provides different forms of promotional opportunities ranging from
pinning and repining products or posts to creating scavenger hunts or rewarding
competitions and contests particularly for users pinning your product. If
used wisely, these options can serve as effective promotional tools, according
to Pinfluencer’s chief executive Sharad Verma.
Doing things the
Pinterest way
Verma claims that marketing
efforts through Pinterest are extremely fun and creative and never demand users
to indulge in something which does not interest them. All Pinterest requires
users to do is simply pin products from websites which in turn leads to a large
number of views, further resulting in hits and clickthroughs, and eventually
sales. Users do not have to go through the whole hassle of conversations that
are a Facebook norm. Pinfluencer even offers a solution for marketers who have
invested heavily in Facebook as they can now have their contests hosted on a
Pinfluencer powered Facebook tab which turns their Facebook followers into
Pinterest pinners. To cut a long story short, Pinterest has been seen to
perform increasingly well in terms of generating revenue for companies. Not
only that, it also offers companies the privilege of making use of this useful
platform while retaining followers that they have previously acquired through
investing in other social media like Facebook, facilitating these advertisers
to the fullest. What else can we possibly ask for?
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