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The ROI of Pinterest? | Real Estate Virtual Assistant Advice

September 17, 2014

What is the ROI of Pinterest?

300px Facepalm What is the ROI of Pinterest?

Facepalm - Image via Wikipedia

“How do I leverage Pinterest for my real estate business?”

The title of this post, as well as the above question is starting to get asked a lot around the real estate marketing circles and social networks I follow. And I must tell you, it makes me cringe to hear it. Many agents are joining this relatively new network, looking increase their marketing reach and hoping it’s the holy grail of lead generation. Frankly I think they are missing the point and purpose of Pinterest, and may be sorely disappointed in the lack of “ROI”.

Just what is Pinterest, some of you may you be asking? Pinterest is an new-ish social network where users can Pin images, putting together a visual collection of things they love, their interests and inspiration, etc., on pin boards users create in their accounts. These pin boards can be related to anything from food to crafts, fashion to home decor. The possibilities are endless.

Personally, I LOVE Pinterest. For me it is a great source of creative inspiration, craft and DIY project ideas, home decor ideas, recipe ideas, and a place that I can daydream by pining images of my dream home or dream vacation spots. For me Pinterest has been a place I found fun and and inspirational.

Where I believe that people are really going wrong, especially those that want to “leverage Pinterest for their business,” is that marketing and self promotion is not in the spirit of what Pinterest was designed for. Just simply  look at #3 on their list of the Pinterest etiquette guidelines:

Avoid Self Promotion

Pinterest is designed to curate and share things you love. If there is a photo or project you’re proud of, pin away! However, try not to use Pinterest purely as a tool for self-promotion.

When embarking on any new social networks, Pinterest or otherwise, my advice is to first explore it and really observe. Get an idea of what this community really is about. Observe how other users are utilizing the network. Then go have fun with it. On Pinterest, you may find that you can create new connections and meet like minded people you never knew before. But don’t have high expectations that it will be a magical source of lead generation.

If you are looking into to Pinterest purely as a way to promote yourselves, your listings and generate business, then frankly I think you should move along. Pinterest is not exactly the place for you, and I think you will find very little ROI, if that is your main goal. Your time may be best spent elsewhere.

PinterestHomeDaydreams 300x177 What is the ROI of Pinterest?

There are certainly ways to use Pinterest and relate it to your real estate business, and you can do so without shameless self promotion. Coming up in a follow-up post, I will show you come creative ways to use Pinterest as it relates to real estate, and show you some examples of those in the real estate industry who are doing it right.  Stay tuned!

 

And if you want to follow me on Pinterest, find me here. You will see that I am definitely not all business all the time.

 

 What is the ROI of Pinterest?

 What is the ROI of Pinterest?Megan Barber is a Real Estate Virtual Assistant, and owner of Barber Virtual Assisting Solutions. With over 12 years of experience working within the real estate industry, Megan provides top notch real estate support services such as marketing, lead follow-up, social media, WordPress websites, and more. She is also author of VA Mommy and Co-Founder of REVA Academy, a Real Estate VA Training program.

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  1. [...] of it’s users. Now agents are trying to figure out a way to use Pinterest for real estate. Like I mentioned in my previous post, Pinterest is not a tool for self promotion or a magic lead generating solution. That being said, [...]

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