Okay, so here is the connection. A while back I read an article in Fast Company magazine, one quote in particular stuck with me, “Across the web, the average sale resulting from a Pinterest user following an image back to its source and then buying the item is $180, according to research from e-commerce firm RichRelevance, compared with $80 for Facebook users and $70 for Twitter users.” This doesn’t surprise me since I have Adblock installed on my browser and don’t see Facebook ads. Considering how much shopping I have done on Pinterest and how I have never clicked on a Facebook ad it makes sense.
But why we pin what we pin is almost 100% based on the picture. That image has to be perfect. We don’t fall in love with the product, we can’t see the product, we fall in love with the picture of the product and then we want that to represent our experiences with the product when we buy it. Being a small business owner it took me a long time to learn this lesson, I learned it through my website actually in the end, brace yourselves, the lesson is, YOU CAN’T DO IT ALL YOURSELF, YOU CAN TRY, BUT IT WON’T BE WORTH IT! To save money, we who are building our businesses want to do everything. But it ends up costing us more than we think. For the first few years of my business I had a custom website that either I built or my friends built for me. Updating it was a huge pain because I didn’t want to bother my friends and if I did it I screwed things up and spent forever fixing them. Finally one year I said enough. I found a template I loved, with an easy to use back-end for uploading images and text and forked over what seemed like crazy money at the time. Within the first month of the website up I sold a print (if you’ve been to my main site Kate Benson Photography, you’ll see it isn’t exactly fine art focused) that paid for the start up fees and first year of service. In my mind when I justified the purchase I thought, “Kate, if you book one extra job this year you’ll pay for it”. I had no idea it would be so quick to work. E-commerce photography is notorious for being done by owners of their small businesses, not professionals. With earning potential like you get on Pinterest, it is more important now than ever to do those photographs justice. You could have the most beautiful product in the world but if you don’t take the right picture you won’t sell it online. I sometimes get a little preachy to new business clients or potential clients about this, when the profit of the product is less than the cost of the photos it should be an easy decision to take great shots of it. Because if that photo helps you sell 10x the product you would sell if you did your own photo then you’ve made a good call.
But it is equally important to make sure that your website can be “pinned”. Speaking from experience on this one, mine cannot and it drives me crazy. If my website company wasn’t so awesome I think I would have switched a long time ago because of this. But they really have the best customer service I’ve ever experienced, (so no worries guys, I’m sticking around till you get rid of me) and I can be pinned from my blog so I’m complacent for now. But just like Facebook when it went publicly traded, Pinterest too could easily loose its luster. But not yet.
A couple other pieces of food for thought, Pinterest is the 3rd largest social networking site (behind Facebook and Twitter), is 90% female users, and commands (as we pointed out before) over double the average sale of any other site like it. Let me know if you need an invite to join as I’m always happy to send some out, but I warn you, it is addicting.