Is Pinterest on your radar?

Pinterest to soon become the fourth largest referrer of traffic?

In February 2012 I shared data suggesting the potential of marketing using Pinterest to increase awareness and sales for companies. Shareaholic have now updated their referral report and this coincides with some interesting developments in Pinterest and our new Smarter Guide to Pinterest Marketing.

New Pinterest developments

These are the recent changes to the Pinterest platform to be aware of which are aimed at encouraging further adoption of Pinterest.


June 2012 referral report

The latest data from Shareaholic shows that Pinterest referral traffic will soon overtake Yahoo! organic traffic and Pinterest will become the fourth largest traffic source in the world after Google, Direct traffic and Facebook, although significantly lower than these.

The data source for this referral data is based on a sharing widget used by than 200,000 publishers who reach more than 270 million people each month.  So it’s worth remembering that it isn’t representative of commercial sites with many publishers actively using Pinterest. We think it also underestimates the importance of Twitter and LinkedIn, particularly for B2B sites. We find our Twitter traffic is five times greater than Pinterest and LinkedIn is 3 times greater than Pinterest, although Pinterest does refer more visits than Google. So treat this data with caution, review the use of Pinterest by businesses and consumers in your sector.

Since we like to take a balanced view, we also took a look at the Google AdPlanner data; this tells a different story with the hockey stick growth ending around April, so as always with digital marketing it will be a question of watching further adoption.

The Adplanner data certainly shows engaged users compared with many sites and it’s worth remembering that Pinterest also helps sharing via other social sites and creating new backlinks.

January 2012 referral report

According to aggregated data from Shareaholic, Pinterest has had meteoric growth, accounting for only 0.17% of referral traffic in July last year, whereas today it’s 3.6% of referral traffic. Similar to Twitter, not great considering its comparative age. Of course, Facebook heads the pack on 26.4% (4.3% via mobile!).

What is Pinterest?

Pinterest is a 2 year old social bookmarking site, it enables users to collect and then share things that they like or find useful, it’s driving increasingly significant amounts of traffic to retailers’ websites – which begs the question, should it be on your radar?

Users create “pinboards” to collect and shares thing’s they’re interested in. Members can use Pinterest’s “Pin It” bookmarklet tool and iPhone app to save things they see online and offline, and explore and repin the images their friends collect via their personal newsfeeds.

www.pinterest.com

Which brands will win on Pinterest?

It’s hard to say at the minute, though as a consumer brand that targets women you’d have to be figuring out how to get involved. Women account for 58% of Pinterest’s traffic, according to Hitwise.

The popular categories are home decor, food and wedding inspiration – at least those are the kind of popular areas for users at the minute (and yet it still drives that much referral traffic!). You can only imagine that it’ll grow much wider.

What are your views on Pinterest? Have you used it as an end-user or for business?

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  • Barbara

    I’ve used Pinterest as an end user and love it! It can be really addicting and easy to spend hours and hours poking around and pinning things.

  • http://pinterest.com/musicademy/ Marie

    Well done for flagging this Danyl. Pinterest has become pretty difficult to ignore recently. Would be good to see a post discussing how marketers can use it without breaking etiquette rules and just appearing very salesy.

    I’m experimenting myself at the moment but not at all sure I’ve got the approach right.

    • http://www.smartinsights.com Danyl Bosomworth

      Interesting you mention that Marie – I’m researching that for next week and will share some ideas, be good to hear what you think.

  • James Abbott

    Pinterest from what we have seen is definitely growing quickly, is attracting a lot of attention from marketers whilst providing the challenge, especially for eCommerce sites on how to utilise it without being self promotional (as mentioned) but also making sure by being social, you are not driving traffic to competitors.

    Look forward to reading some further ideas on how to use it.

    • http://www.smartinsights.com/ Dave Chaffey

      Hi James, thanks for your thoughts.

      It definitely deserves attention, but maybe not too much attention compared to other activities.
      As well as our Ebook we’ll publish some ideas next week looking at how companies are using it.
      Dave

  • James Abbott

    Look forward to seeing the eBook.

    One approach that I have seen on a few Facebook pages now that seems to help obtain interaction is the development of a Pinterest app on Facebook (provided the app is one of the main 4). Seems to be quite effective especially since the Timeline developments.

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