Tag Archive for: Pinterest shopping

Pinterest Launches 4 New Features To Promote Products and Online Stores

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Pinterest is angling to make itself the leading social network for e-commerce activity with a slew of new features and advancements for shopping. 

As the announcement for the updates explains, Pinterest has seen a surge in the number of merchants listing their products on the platform (up 87% in Q1 of 2022 alone).

Now, the company is hoping to double down on this with a new Pinterest API for Shopping, Product Tagging for Pins, Videos in Shopping Catalogs, and the introduction of a Shop Tab on Business Profiles:

“At Pinterest, our goal is to turn inspiration into action, and our vision for shopping is to make it possible to buy anything Pinners are inspired by on the platform. In 2021, the number of Pinners engaging with shopping surfaces on Pinterest grew over 215%, and 89% of weekly Pinners use Pinterest for inspiration in their path to purchase. The new shopping features such as the API for Shopping allows brands and retailers to reach high-intent Pinners during the earliest stage of their shopping journey with the most updated catalog data.”

Pinterest API for Shopping

Pinterest wants to make it easy to manage your products no matter how large your inventory is. With the new API for Shopping, you can more accurately manage metadata for your products with early tests showing the tool was 97% accurate.

Product Tagging for Pins

Though the social network is leaning more heavily into the world of shopping, the main focus is still on Pins that users and brands share. With Product Tagging, you can make your pins a seamless part of your sales process. Once you have tagged your products in pins, shoppers can easily click on the tags to be immediately taken to a sales page.

Video in Catalog

The typically image-based social network is gradually integrating video. The latest move in this direction is the ability to use video assets in product catalogs to showcase your products in motion.

Shop Tab on Business Profiles

Make your online store a more prominent part of your business profile with a new tab dedicated to your shop. According to early tests, approximately 30% of Shopify merchants said they got their first attributed checkout directly from this high-intent shopping feature.

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Pinterest introduces new shopping tools for retailers and consumers

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Pinterest is making it easier for brands and consumers to connect with a number of new tools aimed at getting more products in front of interested viewers.

“Shop a Brand”

The company announced a slew of new updates designed to improve personalized results for users and make browsing products and brands better than ever.

“These updates help retailers get in front of customers who are looking for related products, and Pinners to see items that match their unique style and taste,” the company said in its announcement. 

Personalized Recommendations

Here’s the quick breakdown of all the new features:

  • Shop a brand: “A new dedicated section from retailers is starting to roll out beneath Product Pins. You’ll soon be able to dive into a brand’s catalog by clicking ‘more from [brand]’.”
  • Personalized shopping recommendations: “Alongside style, home, beauty and DIY boards, you’ll see in-stock ideas related to what you’ve been saving, to match your style. Just click ‘more ideas’ then the shopping tag to start shopping ideas picked for you. Tap + to quickly add the Pin to your board, or click the Pin to go straight to checkout on the retailer’s site. “
  • Catalogs: “Brands can now upload their full catalog to Pinterest and easily turn their products into dynamic Product Pins, which means more shoppable Pins across Pinterest. A new dashboard allows businesses to organize their feed so their products can be discovered and purchased by Pinners.”
  • Shopping Ads: “We’re making Shopping Ads available to all businesses through our self-serve tool Ads Manager. Once products are on Pinterest, brands can easily promote items from their existing product feed with Shopping Ads.”
  • Shopping search: “With more in-stock Product Pins, there are more products to search. Just search for a product like ‘midi skirt’, ‘men’s watches’ or ‘outdoor furniture’ and shopping results appear on the top of home feed. To start shopping, click ‘see more’.”
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Pinterest Now Alerts You When Pinned Items Go On Sale

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Pinterest Sticker Icon by DesignBoltPinterest is quickly gaining popularity. Over the last five months, its user base has grown 43.7 percent, reaching over 70 million users. Not only is it one of the most popular social media platforms around currently, it is also generates the most revenue and draws in the highest rate of active consumers. Pinterest users aren’t there just to look, they are there to spend money.

While Pinterest has normally shied away from being a direct commerce site, they have recently begun to make shopping through their platform easier over the past year. Now, Marketing Land reports that last week when they announced they have introduced price-drop notifications on pinned items. Now, when an item pinned by a user goes on sale, the user will get an e-mail notifying them.

This builds on the previous introduction of “rich” product pins. At first, Pinterest wanted to be a social site, but now it is trying to “turn pinners into shoppers” and it appears they are going to be very successful.

There will be no fee associated with these price alerts or the rich product pins, however it seems very likely Pinterest could turn to some sort of “promoted pin” offer in the near future, as they try to woo consumers and marketers alike.

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