mix & match
Post on 19-Oct-2014
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DESCRIPTION
Analysis of applications: Foursquare, Pinterest and Instagram Visit: instabloggers.wordpress.comTRANSCRIPT
GROUP MEMBERSTahina Aid
Megan CabreraEmily ChangJerry Cheng
Framitt ChungBlake Coffin
Diana ColgroveKévin DelmotteJordan Elliston
Emmanuel ScharschAmélie WisniakJing (Emma) Yue
MIX AND MATCHINTERNET MARKETING
I - Applications Overview
II - Pinterest & Instagram
III - Pinterest & Foursquare
IV - Foursquare & Instagram
V - Campaign
AGENDA
APPLICATIONS
I.OVERVIEW
Consume Yes Yes Yes
Create Yes Yes No
Control Yes Yes/No* Yes
Connect Yes Yes Yes
Social Media Purposes
*No privacy settings
Gender Female Female Female
Age 25-35 25-34 35-44
Income $29-49K N/A $25-49K
Location 33% USA 45.3% USA 23.7% USA
I- APPLICATIONS OVERVIEWUser Demographics
Source: Alexa.com
Android iPhone iPad/Tablet Desktop
Yes Yes No No
No Yes Coming Soon Yes
Yes Yes No Limited
Platforms
I- APPLICATIONS OVERVIEW
Facebook Twitter Tumblr Foursquare Pinterest
Yes Yes Yes Yes No
Yes Yes No No Yes
Yes Yes No Yes No
Sharing Capabilities
Game Location Photo Video
No Yes Yes No
No No Yes Yes
Yes Yes Yes Only with 3rd party app
Type of Application
I- APPLICATIONS OVERVIEW
Revenue Models
not currently monetizing
Only income is from the $1 billion Facebook buyout Potential revenue: from additional filter charge?
modify users’ affiliate links to commercial sites – replaces the original affiliate tracking code with Pinterests’ words
Receive a portion of the sale when a user purchases an item
Tool for online referrals for retail companies (partnership)
revenue sharing
Foursquare informs users where there are daily deals for checking in (receive a cut when purchased)
Partnering with major sponsors such as American Express
PINTERESTINSTAGRA
M
&II.
II- PINTEREST & INSTAGRAM
Similarities
Photo based applications
Both allow you to search by category
Pinterest Search (can set as defaults)
Instagram Hashtag
II- PINTEREST & INSTAGRAM
Similarities
Photo based applications
Both allow you to search by category
No clear revenue sources from sites such as advertisements
Both have a mobile application that allows photos to be taken and posted to boards and social media including Facebook and Twitter
II- PINTEREST & INSTAGRAM
Similarities
Photo based applications
Both allow you to search by category
No clear revenue sources from sites such as advertisements
Both have a mobile application that allows photos to be taken and posted to boards and social media including Facebook and Twitter
Cookies - personalization
II- PINTEREST & INSTAGRAM
Differences
Allows you to see the content of users who are not in your friends list and allows you to re-pin that content to your own board
Only shows your friends’ photos on your home page
Originally based as a desktop application
Originally designed as a mobile application
vs
II- PINTEREST & INSTAGRAM
Marketing Uses
The ability to show products and brands in a new and exciting way with different filters (automobiles, homes, furniture, etc.)
Very similar to Instagram where products, categories, or companies can be searched and all of the photos relating to that company are displayed.
Instagram users will share photos and post on Pinterest.
II- PINTEREST & INSTAGRAM
Real World Examples
IDEA
All Ford vehicle photos with hashtag #ford from Instagram are displayed on a Pinterest Board.
Pinterest offers the ability to click on a link showing where the picture is from.
This link then takes you to the proper Internet page.
II- PINTEREST & INSTAGRAM
Real World Examples
IDEA
Currently existed without the Instagram integration until Pinstagram.com, (Pingram.com) which is an integration of all photos from Instagram on a pin type wall.
http://mashable.com/2012/05/02/pinstagramhttp://mashable.com/2012/03/06/pingram-pinterest-instagram
FOURSQUARE&PINTERESTIII.
III- PINTEREST & FOURSQUARE
Similarities
Both can link to your Facebook and Twitter accounts
Share photo and comment on Facebook and Twitter
You can browse content by category
Both applications can be used to help customers guide their purchasing
Differences
Not based on geolocation Based on geolocation and finding business nearby
No reward system Reward system consisting of earning badges and mayorships (Game)
Business Model based on Affiliation
Business Model based on development of Customer Loyalty
Users are 83% women, showing creative and artistic interests
Mainly targeted at tech-savvy males
vs
III- PINTEREST & FOURSQUARE
Marketing Uses
Company can pin its product/brand on a pin board and include its resource link on Foursquare.
The photo will automatically post to Facebook and Twitter to gain more awareness and greater exposure.
III- PINTEREST & FOURSQUARE
FOURSQUAREIV.
Similarities
Check-in capabilities
Location
Followers/Friends
Recommendations (difference in types)
Privacy Settings
Commenting abilities
Ease of use
IV- FOURSQUARE & INSTAGRAM
Differences
No photo filters 17 photo filters
Recommendations of locations
Recommendations for photos
Check-ins more accurateRewarded for multiple check-ins
No rewards (maybe will change with campaign)
Desktop capabilities/options
Not based on a desktop application
Foursquare cannot share to Instagram
Instagram can share to Foursquare
Cannot send Foursquare check-ins to all social applications
True social integration for Instagram
vs
IV- FOURSQUARE & INSTAGRAM
Marketing Uses
Brands use Instagram to engage with customers, create awareness/display products
Companies can use Instagram to create a personality/personal connection/ambient intimacy for the company (e.g. in-direct ads, mini ads)
IV- FOURSQUARE & INSTAGRAM
Attract new customers Develop customer loyalty Learn about customers Learn about competitors Go viral
Marketing Uses
Create a reward system not only for frequency of check-ins, but for posting integrated pictures from Instagram.
Ex. Mayor of AGSM, Best Photographer at AGSM – voted on by users
TOGETHER
Visibility increases by using both applications, Instagram has more users than Foursquare.
More details provided about the deals, creating more intimacy. Brand image improves based on beautiful pictures.
IV- FOURSQUARE & INSTAGRAM
CAMPAIGN
V.
V- CAMPAIGN
For a Travel Agency/Airline
Users travel to beautiful places and check-in
V- CAMPAIGN
For a Travel Agency/Airline
Users take a photo through Instagram…
... check-in on Foursquare...
... and upload the photo through
Foursquare
V- CAMPAIGN
For a Travel Agency/Airline
The Travel Agency can pick one overall winner with the “Best Photo.”
Metrics could be number of likes, or simply attractiveness of the photo.
Winner receives a gift card or free trip.
V- CAMPAIGN
For a Travel Agency/Airline
In addition, users can create Travel Pinboards on Pinterest. The board with the most overall re-pins could win a smaller
prize (because this does not involve checking in).
V- CAMPAIGN
For a Travel Agency/Airline
If Pinterest could pull all Foursquare pictures (and know that the user checked in at a certain location), Pinterest pinboards could be made with the Instagram photos and the contest could be based on the best pinboard made of Instagram photos.
This would create a streamlined process: users could easily upload the Instagram photo on Foursquare when they check-in, and it would automatically upload to their contest pinboard.
In the process, the check-in information would be maintained, to ensure that users are checking in before they can upload a photo/board to be entered in the contest.
CONCLUSIONInstagram, Pinterest, and Foursquare are all in the growth stage
The opportunities to mash up these applications for marketing purposes are vast
QUESTIONS?