Reference no: EM13732077
MARKETERS FIND A NEW COMMUNICATION TOOL WITH PINTEREST
For marketers adept at recognizing new opportunities, the online bulletin board Pinterest can provide their companies with a competitive advantage. Pinterest is used to share photos and other images among Internet users. Users communicate mostly through images that they pin to their boards. Other users can repin these images to their boards, follow each other, like images and make comments. Links to websites can be added to the images to move more traffic to company websites, turning Pinterest into an effective digital marketing tool.
Larger companies such as Dell and Whole Foods are more involved on Pinterest, but some smaller businesses are using it as well. The Pinterest community is dominated by the female demographic, so companies that target women have the opportunity to reach them in innovative ways. Companies are marketing their products by posting images that evoke an emotional response representing their brand. For example, Whole Foods has topic boards on Pinterest featuring recipes farm scenes, and more. One image features a Nicaraguan who received a small loan to buy materials for her business to support herself. This reinforces Whole Foods' philanthropic program of providing small loans to entrepreneurs in developing countries.
Pinterest also serves as a customer relationship management tool because the images people pin to their boards reflect interests and aspirations thus allowing marketers to interact with users on a more personal level. Marketers can inspire an emotional response among potential customers with the way they organize their boards. The effectiveness of this marketing can be monitored by how many repins, likes and comments are posted. Marketers are reporting increased web traffic and sales because of Pinterest.
Questions:
1. Describe how marketers can use Pinterest to enhance their marketing communications.
2. Why might it be better to post an image that conveys an emotional response rather than a simple advertisement?
3. Now does Pinterest act as a customer relationship management tool?
Tattoos in the workplace
: A Harris poll released February 23, 2012, found that one in five adults (21 percent) has at least one tattoo. It also found that those with tattoos and those without tattoos have different impressions of people with body art.
|
What is the company statement about sustainability
: What is the company's statement about sustainability? Is it part of their mission statement or strategic plan and Is there any evidence of publicity regarding their performance on Corporate Social Responsibility issues
|
Analyze the goals product price and promotion
: From the scenario, analyze the goals, product, price, and promotion for the new product launch in each stage of the product life cycle
|
How a swot analysis can help reposition selected product
: Prepare a brief proposal of 400-500 words that illustrates how a SWOT analysis can help reposition your selected product. Perform a SWOT analysis on your company and brand. Write a positioning strategy for your brand
|
Describe how marketers can use pinterest
: Describe how marketers can use Pinterest to enhance their marketing communications. Now does Pinterest act as a customer relationship management tool
|
Explain how foreign direct investment would cause
: Explain how Foreign Direct Investment (FDI) would cause an increase in the BRIC (Brazil, Russia, India, and China) countries' Gross Domestic Product (GDP).
|
Describe the market share for the organization
: First, find a real-world organization or product that you want to assess in terms of the current situation analysis. In other words, ask yourself: Is the industry growing? What is the market share for the organization that they represent
|
Describe and explain the performance trends
: Describe and explain the performance trends and research and discuss Government's measures to achieve the economic performance
|
Describe mission vision values and core business practices
: Describe the mission, vision, values and core business practices of each of the companies you selected. Use at least four (4) academic quality resources in this assignment. Note: Wikipedia does not qualify as an academic resource
|