Pinmo and IBM Watson

Pinmo is a performance-based marketing platform powered by IBM’s Watson.  As an intelligent marketing platform, Pinmo creates Ads that Learn.

IBM Watson

Watson is a system developed by IBM that has multiple functions compiled with business data collected over several years. Watson is able to ingest, enrich, and normalize a wide variety of data types without any additional integration. This allows us to leverage data from a vast range of sources easily.

Because Watson is on the IBM Cloud, Pinmo maintains ownership of our data, insights, training, and IP. In addition, Watson also offers persistent data stores, robust data science tools, and a multitude of other features.

As Watson is able to processing mass amounts of data, it’s able to understand the language of digital marketing and social media to tap into a deeper domain of knowledge – helping to make more informed decisions faster and more accurately.                       

Pinmo and IBM Watson

Today’s marketers have little to go on in terms of credibility and verifying their vision. With Pinmo, this will no longer be an issue. The Pinmo System will have several key technological features that help provide an elevated level of quality assurance to advertisers.

By integrating our AI with IBM’s Watson AI system, we establish authentication as well as user filtration. Pinmo filters each user via their profile created through AI and selects the users with the highest affinity to each ad, pushes ads to those users, and then performs optimizations with the returned data. We can then isolate each channel the ad has been distributed to and compare their effectiveness for analysis and optimization.

Why IBM Watson?

IBM Watson provides Pinmo with distinct advantages:

1. Accelerated Research and Discovery

With accelerated research and discovery, Pinmo can spend less time looking for the information we need, and more time acting on it. Watson easily processes millions of data points to ensure that what’s most important is worked on first.

2. Enriched Interactions

Watson enriches interactions by reducing response times, increasing the number of transactions, and making every interaction meaningful and productive.

3. Anticipated and Pre-empted Disruptions

Watson uses AI to constantly monitor the condition of systems that power Pinmo – ensuring that any problems won’t disrupt our work.

4. Scaled Expertise and Learning

Watson combines everyone’s expertise with the industry’s latest learning.

5. Detected Liabilities and Mitigated Risks

Watson trains systems to understand and keep up with constantly changing regulations and privacy obligations.

Personality Insights

One of Watson’s services consists of Personality Insights. With Personality Insights, Pinmo is able to predict personality characteristics, needs, and values through written text. With this, Pinmo will be able to understand users’ habits and preferences on an individual level, and at scale. Additionally, we will be able to get detailed personality portraits of our users, understand their consumption preferences, and tailor the customer experience for them.

With Pinmo powered by IBM’s Watson, we’ve created Ads that Learn. Experience Pinmo for yourself and join the digital marketing revolution.

Why Traditional Influencer Marketing Doesn’t Work

Traditional Influencer Marketing

If you are on social media (I mean, who isn’t!), then you are probably already familiar with the influencer marketing model. Influencer marketing takes the concept of celebrity endorsement and places it into a modern-day content-driven marketing campaign – creating a collaboration between the brand and influencer. These influencers help promote and sell products and/or services through their capacity to have an effect on the character of a brand. Influencers can affect the character, development, or behaviour of someone or something through their established level of influence with their given community.

However, contrary to popular belief, influencers don’t need to be celebrities – they can be anywhere and anyone as long as they have a large following on the web and/or social media.

The Rise of Social Media

With the introduction and rise of social media came the rise of influencer marketing. Social media lowered the barrier to reach an audience and transferred power and influence from companies to the individual because it didn’t require extravagant budgets to reach these audiences. This shifted the focus towards influencer marketing.

While social media provides quantitative metrics like followers, likes, and comments, to measure results, that metric is only one dimension in measuring a given influencer’s effectiveness. Realistically, influencer marketing is no longer considered to be an effective means of marketing, especially with its often expensive costs and controversy of purchased users who are often bots.

In 2016, businesses spent an estimated $570 million on sponsored Instagram posts alone, which is a substantial amount of money being thrown around to influencers for brand promotion. Sadly, most of the money given to these influencers reaps no actual ROI and there are no effective methods to validate these metrics and results.

So, why exactly doesn’t influencer marketing work?

1. Influencer marketing relies on someone who can effectively sell someone else’s product

Influencers who sell a brand’s product need to be able to use it, decide that it would benefit their audience, believe in it enough to promote it, and do a good enough job of promoting it that others would want to buy it. Throughout any of these steps, the sale could break down at any point. Because the product they are selling isn’t theirs, that leaves the door open for miscommunication and a lack of sincere care for the brand and/or its product.

2. People value personal relationships

Influencer marketing attempts to emulate the relationship and trust created by online reviews, friends, family, and colleagues – but fails. These people are the ones that we have personal connections with and trust the most. By engaging in influencer marketing, brands attempt to replicate that relationship by reflecting that they are more relatable and trustworthy. However, in actuality, for the audience this blurs the line between advertisement and authenticity – making influencer marketing seem unauthentic.  

3. What do numbers of followers really mean?

Today, controversies surrounding bought likes and followers are no stranger to the public eye. Social media monetizes people – encouraging them to pay for their content to be seen and to gain followers, likes, and views. Most users briefly scroll through posts without paying any attention to the content they are liking, thus proving that these users are not as beneficial as people think. Quality and “real” followers who are genuinely interested are more expensive to get (in terms of how much effort you have to give and maintain to keep them) and require you to work harder on your content to make it better and more interesting. Having thousands, and even millions, of followers reaps no value when the engagement rate is below 3%. Because quality followers are much more expensive and rare, an influencer with thousands of followers may not be as “successful” as you think and may not bring any significant ROI.

So, while influencer marketing sounds promising, in actuality, it isn’t worth it and doesn’t provide the concrete results and ROI that businesses are looking for when they invest in influencers. Instead, influencer marketing only increase awareness and doesn’t provide any substantial ROI.

FlyOver Canada and Pinmo

Pinmo Advertising

As we’ve established in previous blogs, Pinmo is a performance-based marketing platform designed to make an advertiser’s content spread farther, engage better, and perform better return on investments. For FlyOver Canada, Pinmo provided nothing less than promised.

FlyOver Canada is a local Vancouver tourist attraction that invites you to experience the feeling of suspension with your feet dangling before a 20-metre spherical film screen on an exhilarating journey across Canada, from East to West. Conveniently located by Waterfront in downtown, FlyOver Canada wanted to attract more guests to their one-of-a-kind experience, especially among the Asian-Chinese community.

FlyOver Canada, Marketing, Pinmo, Vancouver, Case Study

In early 2018, Pinmo created an advertising campaign for FlyOver Canada that helped them accomplish their goal of receiving more attention and provided direct access to the Chinese and Asian community during Chinese Lunar New Year. For Lunar New Year, FlyOver Canada launched a special short film feature called “The Flight of Dragon” that was promoted on Pinmo.

The Pinmo campaign showcased “The Flight of Dragon” and was live from January 18th to February 18th. During this time, a limited promotion was offered and highlighted where guests were able to see two films with one single pass.

FlyOver Canada, Pinmo, Case Study, Marketing, Vancouver

Pinmo Campaign + Results

Pinmo’s campaign for FlyOver Canada proved to be successful and prosperous for their extended reach into the Asian and Chinese community, and helped achieve their intended goals. FlyOver Canada’s campaign received 12936 unique total impressions and 1370 unique total clicks. The landing page was viewed for an average of 18.52 seconds.

Marketing, Advertising, FlyOver Canada, Pinmo, Vancouver

For FlyOver Canada, Pinmo re-invented the relationship between advertiser and the average social media user, so that real-world value metrics were brought – with outstanding unique impressions and clicks. As a result of the campaigns, FlyOver Canada achieved their goals and increased their reach and traffic in the Asian community – making their sale more efficient. Overall, collaborating with Pinmo proved to be a successful advancement for FlyOver Canada’s reach into the Asian-Chinese community for their Lunar New Year Special Attraction.

What Is Pinmo?

Welcome to the World of Pinmo!

Maybe you’ve stumbled upon this website wondering what is all this? What is Pinmo? Why should I care about Pinmo? Well, I’m here to answer any and all of your questions.

But before we get started with what Pinmo is, let’s talk a little bit about the social media landscape in order to have a better understanding of it.

The Social Media Landscape

Today, odds are your customers are on social media. Out of 7.5 billion people in the world, 2.62 billion of these people are using social media platforms. Now, while 2.62 billion may not be as many as 7.5 billion, it is still an incredibly large sum.

If you had asked anyone a few years ago whether these services were free, many people would probably say yes. However, times have changed. Today, many users are aware that these networking services aren’t exactly free – they pay in their data. And because of this, we at Pinmo have come up with a new model that allows your customers to use their data to help YOU as businesses. How? Well, let’s find out.​

Hello Pinmo!

Pinmo is a performance-based marketing platform designed to make your advertising content spread farther, engage better, and perform more call-to-action. For your business, Pinmo relieves the confusion and ambiguity of deciphering where and which demographics your content should be delivered to in order for it to be the most successful. Pinmo offers your customers a way to liberate their social media outlets and democratize it – it’s like a win-win situation for both of you!

Pinmo’s Advertising Model

For businesses, the conventional model of social media advertising focuses on businesses and social media sites benefiting from the virality of everyday users’ shared content. However, this conventional model disregards users whose online actions influence the potential of virality. With Pinmo, the advertising model rewards “everyday” users for sharing content, while keeping track of every click and share. Unlike the conventional model of advertising, Pinmo’s model rewards the actions businesses want and incentivizes the users who are willing to perform them.

By transforming the relationship between sharer and content producer, we’ve created a new hybrid form of content that is paid but appears as organically generated content. For the audience, this creates a new relationship with the ad content as it comes from a trusted source that has a personal relationship with the viewer.

Your customers are already using social media platforms and sharing content with their connections, so why not incentivize them instead? With Pinmo, your business will be able to have their content spread farther, engage better, and perform more call-to-action in an accurate way that will better lead to actual conversions.