Pinterest Marketing: Business or Pleasure?

I remember when Pinterest was first getting popular and served as one of the biggest distractions when I was trying to study for exams. I liked the humorous posts and fashion boards. A few years later, my friends started getting married and Pinterest was an excellent way to brainstorm ideas for bridal showers and cute DIY projects. As the end user, I can definitely see how Pinterest marketing would be a good outlet to implement a campaign to leverage a product or service. As a business, you might want to know…

5 statistics on Pinterest Marketing to consider for your marketing strategy:

1) Conversion rates for Pinterest traffic are 50% higher than other social media sites:
In other words Pinterest drives more traffic.  The click-through from Pinterest to your website and then ultimately purchasing your product or service, is ultimately what you want.

2) Pinterest buyers spend more money, more often, on more items than any of the other top 5 social media sites.
Which makes sense — you can appeal to the consumer visually, with a convenient link to your website.

3) 47% of U.S. online consumers have made a purchase based on recommendations from Pinterest.
What this means is that your content has the potential to make a major influence if it is repinned often. This is especially true because Pinterest networks are made up of friends — and people trust their friends.

4) Pinterest generates 4x more revenue (per click) than Twitter and 27% more per click than Facebook.
Pinterest has been referred to as a “top of the funnel channel” — this is because it sends more new and potential customers to your site than Twitter and Facebook. Being a strong lead generator, Pinterest has earned its name in the marketing arena for online sellers.

5) 80% of total pinterest pins are repins.
Which means, original content makes up 1/4 the amount of total content on Pinterest. Designing content that is relevant and shareable will increase the likelihood of it being repinned.

(Statistics from: Social Media Today)

What are some examples of excellent Pinterest marketing?

Measure Your Success in 2014

It’s common at the end of each year to reflect upon what happened, what worked, and what we can learn from. In our personal lives, we make resolutions to improve certain areas that aren’t up to par – so why should it be any different for your business? It isn’t good enough to simply resolve to be better if you can’t measure and quantify this success. Learnings are a crucial aspect to improving but only knowing that something went wrong isn’t quite the same as knowing how it went wrong.

Measure this year’s success with the following tools:

1. Website:
A great measuring tool for your web ranking is Alexa Sparky: it provides a global and national ranking for your website in comparison to other sites on the internet. Knowing where you stand against your competitors is a great way to measure site appeal. Google Analytics is another great way to measure website successes: this tool breaks down the traffic for each page and subpage of your website.

2. Social Media:
Buffer, Instafollow, and Sprout Social are all great ways to measure followers, demographics, and behaviour on your social media accounts. Sprouts Social even allows for you to generate white label reports on your statistics.

3. Blog:
Wordpress Jetpack Site Stats is a great plug-in to add to your blog so that you can measure the likeability of each post and compare the success of them to other posts you’ve written.

4. Internal:
Create a spreadsheet that clearly lists quantifiable goals such as, “50 new clients/month” or “website refresh by February 1, 2014”. It’s great to set goals but if you have no way to measure the successes, then it is impossible to put things into perspective.

There are a plethora of tools available to measure the goals you’ve set out to achieve this year.

What are some of the tools that you use to measure success? We’d love to hear your thoughts!

Success: Work Smarter, and Harder

I was once told by a friend that success is to “work smarter, not harder” — what she meant by this, was that it isn’t impressive to be the last person to leave the office if it’s because it takes you 12 hours to complete a task that might only take 5 hours for someone else to do. We get caught up in the details, paralyzed by fear of making mistakes if we work faster. We might feel a little unmotivated at times because our position isn’t a challenging one. And if it is an overly-challenging position, we might even feel burnt out and too overwhelmed to do better. So what to do?

Here are some ways to work smarter, AND harder for success:

1. Show up, Sit Down, Get it Done
This point seems like common sense, but it’s surprisingly not. A lot of people shy away from the opportunity to own a project or job task. The way I see it, don’t make excuses or create hurdles for yourself — just show up, sit down, and get it done.

2. Reputation, no matter the industry, follows you
We think that the things that we do may not come back to haunt us, but what we might be forgetting is how small this world actually is (especially with social media). Impressions (first, second, and one hundredth) are extremely important. All it takes sometimes is one bad review to cancel out all of your great achievements when trying to land your next gig.

3. Flexibility and fun breeds innovation
It’s important to have structure in your workflow but not necessarily in your workplace. If you find that you’re much more productive in a coffee shop or with headphones in, then do what works for you. Oh, and have some fun while doing it.

4. Breathe. Don’t let the nerves get to you.
We all have moments at work when things seem to be a bit overwhelming – a deadline, a boss, a co-worker, all of the above, etc. The key to success here, is to breathe. Things aren’t as bad as they seem. If you can keep calm and divide and conquer, I promise things will be easier.

5. Be the hardest worker.
Contrary to what my friend told me, I think it’s important to be the hardest worker as well as a smart worker. Being smart isn’t enough if you’re lazy or doing your work without intention. The trouble with choosing one over the other is that you think that they aren’t two separate entities that need to work together in order to achieve success. Work smarter, AND harder.

What advice do you have to be a smarter and harder worker to achieve success?

2013’s Most Innovative Companies

Innovation can be defined in many ways. You can deliver innovative design or an innovative user experience. In any scenario, innovation stems from the desire to either create something unique and original that has never existed before, or to take an existing product or service and make it even better. Here at 3H, we thrive on the being innovative and thus, put together a list of some of the companies we thought were the most innovative companies of 2013:

2013’s Most Innovative Companies:

1. Burberry: The company’s cutting-edge vision of creating a new user experience brought the runway to the physical stores — through the mirrors. Using RFID chips, which can be read by screens and mirrors, when a customer is trying on clothes, the mirrors can respond by showing images of how it was worn on the catwalk or details of the garment’s construction.

2. Sephora: It’s exceedingly frustrating to choose a foundation when your skin tone keeps changing with the seasons. Without an endless cycle of trial and error, finding the right colour can be a tedious task. Thankfully, Sephora has a handheld device, whose technology is based on that used in graphic design, which holds over 1,000 SKUs of colour to determine an exact match for customers.

3. Flipp App: This is an app that aggregates information from users and retailers to provide the ability to search flyers by interest and your location. Magazines have gone digital, why wouldn’t flyers? This is considered one of 2013’s most innovative companies because they identified a need: making a necessary part of everyday life more convenient, while being environmentally friendly.

4. Crate & Barrel: The retailer’s 3D Room Designer gives customers the ability to ‘try on’ a piece of furniture in their rooms before buying it. Users simply upload a photo of the room they would like to furnish to Crate and Barrel’s online platform and provide their room’s dimensions. The photo is the wiped clean of its furniture, enabling shoppers to substitute pieces from the retailer’s online catalog and visualize them as they would appear in the room. Shoppers can then email the modified photo of their room to the nearest Crate and Barrel and schedule a personal design appointment with an associate.

5. Uniqlo: The Japanese clothing giant has made “fast fashion actually fashionable” (a distinction that some other fast-fashion retailers might disagree with), citing its collaborations with such designers as Jil Sander and Rei Kawakubo.

What examples of innovative companies weren’t mentioned here? We’d love to hear your comments!