If you are savvy about social networking, you know that Pinterest is all the rage lately. But, do we really know what Pinterest is? According to its website, the social media site is a “Virtual Pinboard” that “lets you organize and share all the beautiful things you find on the web.” The About page talks of using the service to plan weddings, redecorate your home and organize recipes–a far cry from a platform that contemplated a business use down the road. However, as with everyone on the Web today, if it’s free and you can create a community around your product, service or industry, businesses flock there trying to push their wares. Pinterest has struggled to manage the change, but certain business users have stuck with it as the platform addresses these missing functionalities for marketing purposes. I’m going to try to contextualize what makes Pinterest so appealing to people, what I see as a challenge for Pinterest’s growth, and then what aspects of the service are positive for Small Business retailers on Pinterest. From there, you can make your decision whether investing in Pinterest is right for you and your business.