Volvo and Pinterest: Re-branding Through Customer-Driven Social Media
The Challenge: As we mentioned earlier this year, Pinterest has been captivating online users with its emphasis on engagement, content, and personalization. Now Volvo is taking to the Pinterest boards with a consumer-driven campaign designed to re-establish the company’s image. But can their campaign succeed in an unproven community-based social medium like Pinterest?
A study conducted with Pinterest users earlier this year provided several insights into user habits:
|•||Over Over 20% of users purchase items they "pin" on their boards.|
|•||Purchasers visit Pinterest 2.7 times more often and pin 3.1 times as many items as non-purchasers.|
|•||The 3 most popular words purchasers use to describe Pinterest are "friendly," "community," and "genuine."|
The statistics demonstrate that not only does Pinterest usage drive sales, but that those sales are achieved almost entirely through user interaction. RJ Metrics correlated this by showing over 80% of images “pinned” on Pinterest bulletin boards are re-pinned from other users.
Can companies penetrate such a tight-knit buying community without appearing intrusive?
Teresa Caro of iMediaConnection.com maintains that they can, if they create “a balance between...genuine brand story and…content that inspires and compels action.”
One example of this formula in action is Volvo’s new Pinterest campaign. Joe Barbagallo, their Social Media Manager, says the company is “rebranding [them]selves...through design. Pinterest being focused around photos and being driven by consumers is really what attracted us to establish a presence [there] .”
Volvo is basing the direction of the campaign on past social media successes such as their “You Inside” Facebook campaign, which allows customers to create and relate their own experiences.
Volvo re-uses this formula on Pinterest, inviting users to describe their ideal “joyride” by pinning images of the new Volvo S60 T5 and discussing their perfect road trip stories. And their commitment to customer interaction is getting them results.
KEY TAKEAWAYS FOR MARKETERS
1. Understand the nature of Pinterest before marketing.
As an inherently visual social medium, it requires a means to generate strong visuals, as well as time to create relationships and generate strong customer engagement.
2. Give customers the ability to share their experiences the way they want to, not the way you want them to.
As Mr. Barbagallo says, “we want these people to experience the product on their own terms and speak about it as naturally and organically as they can.” Customers respond best when they’re allowed to give feedback their way.
3. Let your customers feel relevant.
Engaging customers, sharing your story with them, and inviting them to do the same lets them know that they are important to you. And that lays the foundation for all good customer relationships.