Pinterest was the breakout social network of 2012.
It might feel like you blinked and missed this one, but clearly a lot of food lovers didn’t— 90% of online recipe sharing is happening on Pinterest.
Two year-old Pinterest flew under the tech radar for much of its early life. Silicon Valley found it easy to ignore the start-up of yet another social media channel, and especially one that lacked technological innovation and was founded by a Valley outsider with a humanities background. But it struck a chord with home cooks.
Mom’s old recipe cards meet food porn.
The Pinterest combination of social sharing plus a visual scrapbook feels right at home in the kitchen. Home cooks have been clipping and swapping recipes forever, and now they’re taking them to Pinterest’s web-based pinboards where food fans trump all other interest groups. Food is by far the fastest-growing, most popular, most re-pinned category on the site.
The top spot on Pinterest is no small potatoes.
Pinterest is now the third largest social network behind only Facebook and Twitter, and is closing in on number two. The site has around 30 million monthly visitors and is the third-largest source of referral traffic on the Internet. 70% of Pinterest users cite recipes as their most pinned items.
Pinterest has staying power.
Pinterest is the rare social network that seems to have cracked the code for monetization. Pinned images are like glowing recommendations for products that convert Pinterest browsers into shoppers at astounding rates. According to PriceGrabber 21% of users have purchased something they saw on the site and foodies again led the way, accounting for a third of those purchases. The site collects affiliate fees by attaching links that take you from a pin you like to the store that sells the item, and last month Pinterest launched its business accounts that will surely lead to advertising and other revenue.
Learn to love Pinterest.
There’s never been a shortage of places to go for pretty pictures of food and stuff to buy. And does anybody really need another online social network? But if it’s where the food is, it’s where we’ll want to be.
I’m trying: http://pinterest.com/gigabiting/