Tag Archive for: pinterest advertising

A Guide To Pinterest Advertising

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There’s a continuous growth pattern of different social media platforms you can choose to advertise on, and a fairly new platform entering the mix is Pinterest. Pinterest is the social media platform that doesn’t get quite as much traffic as giants like Facebook and Twitter, however it is very influential when it comes to purchasing decisions. Though Pinterest only has 200 million users, they actually beat out Instagram and have a larger influence on social media users making purchasing decisions in the U.S. The experts at Onimod Global have the inside scoop on different ads to use and what you need to know about using this platform.

Types of Ads

Promoted Pins

There are several options here, and the most basic they have is a Promoted Pin. It is their standard ad they offer that will drive traffic by simply paying for a Pin to have more consumers see it. From there, anyone that repins it or saves  your pin is considered organic traffic. If any other user sees the pin on a personal page, the promoted label won’t be included and the extra traffic you would receive doesn’t cost a thing.

Promoted Video Pins

If you’re looking to increase engagement in an awareness campaign, a great option to go with would be a Promoted Video Campaign. These will for sure stand out among other pins and capture lots of attention while scrolling through a variety of pins.

One-Tap Pins

Another option would be a One-Tap Promoted Pin, which are unique and take you straight to a landing page. Most pins require two-clicks to get to a landing page and click-through to a site, that’s where these come in handy. You will see much higher click-through rates (CTR) with these types of Promoted Pins, however it could potentially lead to higher bounce rates and also may waste money.

Promoted App Pins

You can also advertise for an app on Pinterest where you can add an app simply by clicking an “install” in the ad copy. This is extremely helpful and unique because rather than redirecting you to the app store, you can download an app without ever leaving Pinterest’s site.

Cinematic Pins

These advertisements are very similar to the Video Pins in terms of animation, however the cinematic pins move only when the user scrolls. The pin will stop moving when the user stops scrolling, and from there the user can click on the pin and watch the full video from there.

 

This is a phenomenal platform to use, especially if a demographic your business targets contains either U.S. Baby Boomers and moms. As of right now, the ads are only available in United States, Canada, the United Kingdom, Ireland, Australia, and New Zealand, but more markets should be available soon. According to Marketing Land, 61 percent of Pinners make purchases after seeing a brand’s content on Pinterest. With these odds, it’s absolutely worth it to look into and see if this platform works for your business’s marketing strategy.

More From Onimod Global

For more information on the industry of digital marketing, please visit the Onimod Global News Page. Our content creation specialists are constantly producing new and engaging articles that keep you informed of the latest and greatest trends within the digital marketing world. Enjoy!

How Pinterest Expects to Increase Revenue by $200 Million This Year

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Pinterest is quite new to the world of advertising. 2017 marks the third full year that Pinterest has offered their Promoted Pins to advertisers. Such pins allow advertisers to promote their products and services alongside of a user’s normal featured pins.

Revenues On The Rise

These sponsored pins began in 2015, and generated $100 million in revenue by the end of the year. Last year, Pinterest was able to capture a total of $300 million in revenue, according to recode.

The trend isn’t stopping there. In its current fiscal year, it has been reported by recode that Pinterest is on track to bring in at least 200 million additional dollars by the end of this year.

So how is Pinterest driving all of this incredible advertising success you may ask? The answer lies in the company’s recent ventures into digital innovation.

Pinterest Sections

A recent article by Techcrunch released information on a brand new Pinterest feature called Sections.

This new tool will give users the ability to divide and categorize their board into several sub-groups that all coincide with the main board topic. For example, if the main board were titled “Entrees”, then sub-groups could include titles like “Vegetarian”, “Casseroles”, or “Seafood”.

According to Pinterest CEO and co-founder Ben Silbermann, “It’s been a really popular feature request for years.”

Sections is still making its way through the beta testing process. The new feature has not been released to all users yet, but will hopefully be appearing to the masses soon!

Ad Targeting

As Pinterest’s consumer base continues to grow, now up to an estimated 200+ million users, the company is searching for ways in which it can utilize this incredible resource.

Last year, Pinterest purchased a startup mobile ad-tech company called URX. Jack Chou, Pinterest’s head of product, explained the buyout by saying, “We can now accelerate our efforts with the URX team, who are leaders in mobile content understanding, recommendations, monetization and discovery.”

These efforts have materialized into 5,000 interest categories that advertisers can now use to help properly position their products in front of the perfect Pinterest users. For instance, many consumers are interested in the outdoors, but what about those specifically interested in hiking across the Appalachians?

Much like the new Sections feature, these interest categories will enable Pinterest users to refine their account into exactly what they want. This provides an enormous benefit to digital marketers and advertisers as they are able to easily reach out to the most specific area of their target audience.

Pin Collective

Pinterest has also been continually promoting their service called Pin Collective to advertisers. Pin Collective is described by Pinterest as, “an external network of world-class content creators including photographers, designers, illustrators, art directors and more who are experts in creating content for Pinterest.”

Pinterest has come together with Popular Pays to build this platform. Pin Collective provides advertisers with the best of the best to ensure the creation of flawless ads.

Adidas and essie are two companies that have experienced this service first-hand. Essie utilized Pin Collective to get an edge on the nude nails trend. The results were very impressive. The top pin of the Pin Collective campaign was saved 4 times more than any previous Pinterest campaign launched by essie.

Ending Thoughts

There is no slowing down for Pinterest. The platform continues to outdo itself every year with better ideas and innovations, both for their users and their advertisers. Here at Onimod Global, we can’t wait to see what they come up with next!