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>> PINTEREST Latest News

JAN 31, 2013 - Business Insider

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Pinterest Needs To Hurry Up And Monetize Before Its Competitors Get Any Bigger

At 28 million Pinterest's traffic is monumental, but it is taking it's sweet time to explain how it plans to make money from the huge number of people who share images they find interesting on the site. Entrepreneurs like Deena Varshavskaya of Wanelo see an opportunity in that. In particular, Pinterest's upstart rivals are attacking Pinterest's weakness: It doesn't distinguish for users which items out of billions are available for purchase. The opportunity is sometimes called "discovery commerce": sites and apps that offer things you didn't realize you wanted to buy until you see them. ... Read More

Tags: Pinterest Needs To Hurry Up And Monetize Before Its Competitors Get Any Bigger,  Pinterest Latest News