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Pinterest the “Next” New Thing
Farris Timimi, MD
Medical Director, Mayo Clinic Center for Social Media
April, 2013
Agenda

• What is Pinterest
• Why is it an important health care social media
  tool
• Discussion
What is Pinterest?
• Pinterest is a “pinboard” style social photo sharing
  website
• It allows users to create and manage themed image
  collections that focus on anything that might catch
  their eye
How is a bulletin board social?
• Users can browse other pinboards for ideas
• The social interactions focus on “re-pinning” or
  “liking” images
• Pins can be shared on Twitter and Facebook
• Over 80% of pins are re-pins
Development
• Pinterest started December 2009
• Initially launched as closed beta in March 2010
• Co-founder Ben Silbermann personally wrote
  the first 5,000 users, offering them his personal
  phone number to trouble shoot any problems
Growth
• December 2010-10,000 users.
• January 2012-11.7 million unique U.S. visitors,
  making it the fastest site ever to break the 10
  million unique visitor ceiling
• That month, Pinterest drove more retail referral
  traffic than LinkedIn, YouTube, and Google+
• March 2012, it passed LinkedIn to become the 3rd
  largest social network in the US.
Growth
• No PR
• No marketing
• Initially invitation only, open to all August 2012
All of this new!
•   2001:   Wikipedia
•   2003:   MySpace
•   2004:   Facebook, flickr
•   2005:   YouTube
•   2006:   Twitter
•   2007:   tumblr.
•   2009:   foursquare
•   2011:   Pinterest
Social Media Greats at the age of 2
• Facebook:    6 million members
• Twitter:     3 million members
• Pinterest:   10.4 million members
New Account
• You can open a new account by e-mail, or with a
  Facebook or Twitter profile
• When you pin or re-pin an image to your board,
  you have the option of sharing the pin with your
  Facebook and Twitter followers
Structure
• On the main page, pin feed appears, displaying
  activity from boards you follow.
• Currently main sections to browse: everything,
  popular and gifts.
• The most popular pins are food & drink, DIY &
  crafts, and women's apparel.
• When you browse new boards and pins, you can
  visit a "Tastemakers" page that recommend
  pinboards with content similar to your pins.
How do they make money?
• Pinterest replaces affiliate tracking code with their
  code; payment is passed to Pinterest instead of
  the original affiliate
• In other words, Pinterest gets a portion of the sale
  when you buy an item as it links you to
  commercial sites
• This may not not add up to a lot of money, as the
  majority of posts originate from Tumblr and
  Facebook, and are not commercial products
How do they make money?
• The real profit may be in affinity data, highlighting
  the relationships between consumer behavior and
  products, which could be collected and sold as
  marketing analysis.
Who is on Pinterest?
• Nearly a third of users have an annual household
  income of $100,000 or more
• 80% are female
• The largest age demographic represented on the
  site are people between 25-34
• 50% have kids
• This is the demographic most valuable to mobile
  advertisers -- young, upper-middle class and
  female
Who is on Pinterest?
• This is also our target demographic-the health
  care decision makers in families
Who is on Pinterest?
Terminology
• Pin:     An image added to your Pinterest
  board
  • It can be a link to a site, or an uploaded
    image
  • You can add captions or hashtags
• Adding a hashtag makes it easier to Tweet
  and optimizes search
Terminology
• Repin: Once someone has pinned
  something, other users can repin it
  • Most pins are repins
• Board: Where your pins live-you can have
  different pin boards for different topics
• Pinmarklet:    “Once installed in your
  browser, the “Pin It” button lets you grab an
  image from any website and add it to one of
  your pinboards.”
How to repin
• If you see something you want to share, hover
  your mouse over the content-you can…..
  • Comment, Like or Repin it
How to repin
• When you click repin, a window will open with
  your background still visible
How to repin
• Select from the drop down menu which board
  you want to pin to. Add a description and
  check the box if you want to share the pin on
  Facebook/Twitter
• Click repin and done!
How to Pin


Pimarklet
How to Pin
How to Pin
Remember the 80s
• 80% of pins are repins-1.4% of tweets are
  retweets
• Pinterest 80% female, Twitter-55%, Facebook
  55%
• 80% of female general population trust Pinterest,
  67% Facebook, 73% Twitter
• Women account for 80% of all household
  purchase
To start..
•   Open a Pinterest account
•   Install the Pinmarklet on your browser
•   Set up your boards, with brief descriptions
•   Pin, repin and explore!
•   Be wary of Pinsanity!
For Further Interaction:
• http://pinterest.com/farristimimi/

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Pinterest and Health Care Social Media

  • 1. Pinterest the “Next” New Thing Farris Timimi, MD Medical Director, Mayo Clinic Center for Social Media April, 2013
  • 2. Agenda • What is Pinterest • Why is it an important health care social media tool • Discussion
  • 3. What is Pinterest? • Pinterest is a “pinboard” style social photo sharing website • It allows users to create and manage themed image collections that focus on anything that might catch their eye
  • 4. How is a bulletin board social? • Users can browse other pinboards for ideas • The social interactions focus on “re-pinning” or “liking” images • Pins can be shared on Twitter and Facebook • Over 80% of pins are re-pins
  • 5. Development • Pinterest started December 2009 • Initially launched as closed beta in March 2010 • Co-founder Ben Silbermann personally wrote the first 5,000 users, offering them his personal phone number to trouble shoot any problems
  • 6. Growth • December 2010-10,000 users. • January 2012-11.7 million unique U.S. visitors, making it the fastest site ever to break the 10 million unique visitor ceiling • That month, Pinterest drove more retail referral traffic than LinkedIn, YouTube, and Google+ • March 2012, it passed LinkedIn to become the 3rd largest social network in the US.
  • 7. Growth • No PR • No marketing • Initially invitation only, open to all August 2012
  • 8. All of this new! • 2001: Wikipedia • 2003: MySpace • 2004: Facebook, flickr • 2005: YouTube • 2006: Twitter • 2007: tumblr. • 2009: foursquare • 2011: Pinterest
  • 9. Social Media Greats at the age of 2 • Facebook: 6 million members • Twitter: 3 million members • Pinterest: 10.4 million members
  • 10. New Account • You can open a new account by e-mail, or with a Facebook or Twitter profile • When you pin or re-pin an image to your board, you have the option of sharing the pin with your Facebook and Twitter followers
  • 11. Structure • On the main page, pin feed appears, displaying activity from boards you follow. • Currently main sections to browse: everything, popular and gifts. • The most popular pins are food & drink, DIY & crafts, and women's apparel. • When you browse new boards and pins, you can visit a "Tastemakers" page that recommend pinboards with content similar to your pins.
  • 12. How do they make money? • Pinterest replaces affiliate tracking code with their code; payment is passed to Pinterest instead of the original affiliate • In other words, Pinterest gets a portion of the sale when you buy an item as it links you to commercial sites • This may not not add up to a lot of money, as the majority of posts originate from Tumblr and Facebook, and are not commercial products
  • 13. How do they make money? • The real profit may be in affinity data, highlighting the relationships between consumer behavior and products, which could be collected and sold as marketing analysis.
  • 14. Who is on Pinterest? • Nearly a third of users have an annual household income of $100,000 or more • 80% are female • The largest age demographic represented on the site are people between 25-34 • 50% have kids • This is the demographic most valuable to mobile advertisers -- young, upper-middle class and female
  • 15. Who is on Pinterest? • This is also our target demographic-the health care decision makers in families
  • 16. Who is on Pinterest?
  • 17. Terminology • Pin: An image added to your Pinterest board • It can be a link to a site, or an uploaded image • You can add captions or hashtags • Adding a hashtag makes it easier to Tweet and optimizes search
  • 18. Terminology • Repin: Once someone has pinned something, other users can repin it • Most pins are repins • Board: Where your pins live-you can have different pin boards for different topics • Pinmarklet: “Once installed in your browser, the “Pin It” button lets you grab an image from any website and add it to one of your pinboards.”
  • 19. How to repin • If you see something you want to share, hover your mouse over the content-you can….. • Comment, Like or Repin it
  • 20. How to repin • When you click repin, a window will open with your background still visible
  • 21. How to repin • Select from the drop down menu which board you want to pin to. Add a description and check the box if you want to share the pin on Facebook/Twitter • Click repin and done!
  • 25. Remember the 80s • 80% of pins are repins-1.4% of tweets are retweets • Pinterest 80% female, Twitter-55%, Facebook 55% • 80% of female general population trust Pinterest, 67% Facebook, 73% Twitter • Women account for 80% of all household purchase
  • 26. To start.. • Open a Pinterest account • Install the Pinmarklet on your browser • Set up your boards, with brief descriptions • Pin, repin and explore! • Be wary of Pinsanity!
  • 27. For Further Interaction: • http://pinterest.com/farristimimi/