In case you haven’t heard, last night TechCrunch announced that Pinterest hit 11.7 million UMVs, becoming the fastest standalone site ever to surpass 10 million monthly uniques. This presents a huge opportunity for brands, as you might have already read about here.
The #1 driver of consumer purchases is word of mouth recommendations from friends, and Pinterest holds the power to drive authentic “word of eye” recommendations in a way that is changing the landscape of social commerce.
How? The landing page for Pinterest is an endless visual stream of subtle product recommendations from the very people who influence your purchasing decisions – friends and strangers with good taste. This means that there is an endless opportunity for your brand and its products to be seen by Pinterest’s 11.7 million unique monthly users as endorsements from friends in the form of repins.
Currently available stats show the average Pinterest user spends 98 minutes per month on the site, compared to 2.5 hours on Tumblr, and 7 hours on Facebook. Pinterest is most popular in North Eastern states, among females (estimates range from 58% to 70% female), and with people ages 25-44 (59% of visitors).