Wednesday, October 17, 2012

Facebook "Collections" Wannabe Pinterest Feature???



I came across a few articles in the past couple of days that draw attention to Facebook’s new tools associated with their “Collections” feature. When taking a closer look at these new potential features, I can’t help but see an eerily similar functionality as to what Pinterest offers its users…but hey maybe that’s just me! I don’t blame Facebook for “looking up” to the newest fad in social media, but major platforms like Facebook and Twitter should take notice that Pinterest has the potential to be a social media GIANT. Either way, Facebook’s new tools seem pretty neat.

The new buttons “want” and “collect” are part of Facebook’s new “Collections” feature. These new buttons essentially allow a brand or business to promote their products through a Facebook link on their own homepages/websites. Users will also have the option to purchase these items directly from participating retailers through Facebook’s platform.

The “Collections” feature also allows users to place items/products to one of three types of “wish lists”; apparently there are three pre-determined boards: General, Home and Fashion. “Collections” posts can be discovered in news feeds and users will be able to share their collections among other users as well. Does this sound like Pinterest to anyone??? Instead of using the words “Pinning” and “Board” the idea is essentially exactly the same but with a lot less personalization.

After doing some research I was able to find out that the following companies are participating in this first round or “testing” stage:

Pottery Barn, Wayfair, Victoria’s Secret, Michael Kors, Neiman Marcus, Smith Optics and Fab.com

My take away from all of this?? I've always thought that Pinterest had the right idea in marketing and promoting items/products/services with a visual strategy, when people see something they want they have a stronger urge to engage/interact/purchase that item right away. I know that my “for the home” purchases increased DRAMATICALLY since I've joined and engaged with the social media platform. I actually blame Pinterest because my closet is overflowing with clothes!  When someone HEARS about a product the first thing they do is ask their friends about it or conduct additional research about the product online (reviews etc.) From a marketer’s perspective, the new feature that Facebook is implementing offers businesses a way to appeal to its customers who might not want to take the time to immerse themselves into a whole new social media platform. I think that this feature is absolutely something that all businesses should take part in. It’s a great way for business pages to build up their fan base while their consumers use the feature to collect, share and explore their products.

Found original article here:

No comments:

Post a Comment