The Intersection of Community, Education, and Inspiration: On Deck and Pinterest

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Aug 23, 2023

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The Intersection of Community, Education, and Inspiration: On Deck and Pinterest

Introduction:
In today's rapidly evolving world, individuals are seeking meaningful connections, personal growth, and inspiration. Traditional institutions like organized religion and higher education are no longer the sole providers of these needs. Instead, people are turning to online communities and platforms that offer a sense of belonging, learning opportunities, and creative inspiration. This article explores the commonalities between On Deck, a community-driven platform, and Pinterest, a visual discovery engine. Both platforms have tapped into the changing landscape of human needs and leveraged technology to provide unique experiences for their users.

On Deck: Building Communities and Fostering Growth
On Deck is reimagining the concept of community in the digital age. Recognizing the decline of organized religion and the ongoing search for meaning, identity, and community, On Deck offers a diverse range of programs that cater to these needs. By identifying specific demands within their network, On Deck creates tailored programs, such as founders, angels, and talent fellowships, that intertwine community with learning. The platform's success lies in its ability to provide exceptional experiences, which, in turn, builds its reputation and drives new member demand. On Deck's approach of "re-bundling" community with curriculum sets it apart from the first generation of "ed-tech" platforms that failed to live up to the hype. By focusing on peer-to-peer education and personal connections, On Deck creates a rewarding learning environment that keeps participants engaged and coming back for more.

Pinterest: Inspiring Discovery and Enabling Commerce
Pinterest, on the other hand, has tapped into the innate human desire for inspiration and creativity. With over 460 million monthly active users and a revenue growth of 76% year over year, Pinterest has become a go-to platform for visual discovery. Unlike other services where ads are seen as distractions, Pinterest has successfully integrated ads into the user experience. This is because people come to Pinterest with the intent to buy, whether it's for home remodeling or fashion choices. By providing relevant and inspiring content, Pinterest enhances the user experience and offers advertisers a unique opportunity to connect with potential consumers. The platform's investments in video and shopping have paid off, as evidenced by the significant uptick in video views and uploads, as well as the growth of its international business.

Connecting the Dots: Common Points and Insights
On Deck and Pinterest share several common points that highlight the evolving needs and behaviors of modern society. Both platforms recognize the importance of community and the desire for meaningful connections. On Deck's focus on building communities that foster growth and learning aligns with Pinterest's emphasis on inspiring content and the power of visual discovery. Additionally, both platforms have leveraged technology to create unique experiences. On Deck's use of technology enables the seamless integration of community and curriculum, while Pinterest's visual discovery engine harnesses the power of imagery to inspire and enable commerce.

Furthermore, both On Deck and Pinterest have identified pain points within their respective industries and are actively working towards addressing them. On Deck's commitment to providing agency tools and granular permission access showcases their dedication to meeting the needs of their users, particularly agencies and businesses. Similarly, Pinterest's focus on improving agency tools and onboarding processes for new merchants demonstrates their commitment to creating a seamless experience for advertisers and content creators.

Three Actionable Advice:

  1. Embrace the power of community: Whether you're building a platform or shaping a personal brand, recognizing the importance of community is crucial. Foster connections, provide opportunities for growth and learning, and create a sense of belonging.

  2. Invest in personalized experiences: Tailor your offerings to meet the specific demands within your network. By providing exceptional experiences, you can build reputation and drive new member demand. Incorporate peer-to-peer education and create a rewarding learning environment.

  3. Understand and address pain points: Identify the pain points within your industry and actively work towards addressing them. This could involve improving agency tools, enhancing onboarding processes, or providing granular permission access. By addressing these pain points, you can better serve your users and create a competitive advantage.

Conclusion:
On Deck and Pinterest represent the changing landscape of human needs and behaviors in the digital age. By tapping into the desire for community, learning, inspiration, and commerce, these platforms have successfully carved out their spaces in their respective industries. The key takeaway is to recognize the evolving needs of your target audience and adapt your offerings accordingly. Embrace community, invest in personalized experiences, and strive to address pain points within your industry. By doing so, you can create a compelling platform that meets the ever-changing demands of today's users.

Sources

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