When you think of Pinterest users, most automatically imagine the same general audience – a woman in her 20’s or 30’s. That is slowly changing, however, as a new report from the network shows its users are getting more diverse than ever.
According to the company’s latest quarterly revenue report [PDF], Pinterest’s average monthly active users (MAUs) around the globe has risen 37%, largely driven by increasing popularity with new audiences like men, Millennials, and Gen Z.
Pinterest Rivals Snapchat and TikTok
To put the growth experienced by Pinterest in context, the number of monthly active users puts Pinterest in the same ranks as Snapchat and TikTok – two of the hottest platforms for younger users.
In Q4 of 2020, Pinterest say 98 million monthly active users in the US, while TikTok reported approximately 100 million MAUs. Meanwhile, Snapchat claimed 108 million active U.S. users just last month.
The biggest difference is that although Snapchat and TikTok shot to extreme popularity over relatively short periods of time, Pinterest has consistently been growing for much of its existence. It was only a matter of time before it started to challenge some of the other most popular platforms.
Who Are Pinterest’s New Users?
According to Pinterest, three groups are driving the majority of the company’s growth in recent history – men, Gen Z, and Millennials. As the company stated in a post from July 31, 2020:
“Gen Z and Millennials are driving much of our growth, with the number of men on Pinterest also jumping nearly 50% year on year, too.”
Notably, it seems each demographic is creating their own unique trends on the platform, motivated by their unique needs at their varying stages of life.
For example, Gen Z pinners have inspired a wave of beauty trends focused on ethically expressing themselves, including trending keywords like “Indie beauty” and “Rainbrows.”
On the other hand, Millennials are participating more in trends like “More door” which help make them make the most of their homes.
As for men, it seems a lot of the attraction is the popularity of food and DIY projects.
As Pinterest’s users and trends continue to diversify, it only makes sense that the company has been expanding the tools and features available to make it easier to target specific audiences across the platform. If this pattern continues, it is possible Pinterest could be the sleeper hit which one day could be as widely used as Instagram, Twitter, or even Facebook.