Pinterest shares algorithm insights as it shifts focus to non-engagement signals
Investor's Business Daily
by Nicola Agius
2w ago
Pinterest provided insights into how its algorithm works while warning of the risks of overreliance on user engagement. The platform emphasized that excessive reliance on engagement to rank content can result in a negative user experience, and proposed non-engagement signals as a solution. To encourage other companies to follow suit and contribute to “building a more inspired Internet,” Pinterest published a new document titled ‘Field Guide to Non-Engagement Signals’. Why we care. By having a better understanding of how Pinterest’s algorithm works, brands can identify what metrics they should ..read more
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Pinterest launches cooking series with shoppable experience
Investor's Business Daily
by Nicola Agius
1M ago
Pinterest is launching its first-ever streaming show with an actionable and shoppable experience. Inspired by Pinterest trends, Deliciously Entertaining is a six part cooking series that will premiere on the Tastemade streaming channel on February 23. Why video matters. 93% of consumers say video is helpful when making an online purchase, according to video creator Animoto. Why we care. Showcasing products on streaming shows is a chance for brands to expand their reach and engage with a highly-engaged audience. Considering the persuasive impact of video on consumer purchasing decisions, this o ..read more
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Pinterest announces major ad partnership with Google
Investor's Business Daily
by Nicola Agius
2M ago
Pinterest announced a new ad partnership with Google designed to boost its ad revenue. This marks Google as the second third-party ad partner for Pinterest, following its multi-year collaboration with Amazon that was unveiled last year. Why we care. This collaboration provides an opportunity for brands running campaigns with Google Ads to not only broaden their reach but also engage with an active, high-value consumer base. This engagement has the potential to lead to stronger return on investment (ROI) and increased conversions. How it works. The integration will enable ads to be served on Pi ..read more
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Pinterest revenue rises 12% as monthly active users reach all-time high
Investor's Business Daily
by Nicola Agius
2M ago
Pinterest’s revenue jumped 12% to $981 million in Q4, 2023. Ad earnings surged as the platform’s global monthly active users increased 11% year-on-year to reach an all-time high of 498 million. The company credited its success in part to launching a record number of ad solutions that have been utilized by brands to enhance campaign performance. Why we care. For advertisers looking to diversify their ad spend, Pinterest emerges as a promising investment option, showcasing better-than-expected performance. The notable surge in global monthly active users indicates the platform’s substantial pote ..read more
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PPC 2023 in review: UA sunsets, Google antitrust trial, X’s downfall and more
Investor's Business Daily
by Nicola Agius
3M ago
The PPC community had a rollercoaster year in 2023. Google stirred things up by shaking cushions and discreetly adjusting ad prices, and the entire industry faced a major shift with the sunset of Universal Analytics, forcing everyone to transition to Google Analytics 4. It’s fair to say that GA4 did not receive the warmest welcome. As we approach the end of 2023, let’s reflect on some of the most headline-worthy, controversial, and impactful changes that significantly influenced the PPC world over the past 12 months. Google antitrust trial Google spent 10 weeks on trial for allegedly using und ..read more
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Pinterest rolls out AI body type filter to improve search inclusivity and engagement
Investor's Business Daily
by Nicola Agius
4M ago
Pinterest has started testing an AI “body type” filter to make search more inclusive. The new consumer tool, which is rolling out on women’s fashion and wedding ideas, will enable users to filter their product search results based on different body types. Pinterest execs claim the feature has potential not just to improve search diversity, but also engagement for brands. Why we care. Enabling customers see how clothes fit their unique body shape has the potential to strongly influence their decision to buy, which could possibly lead to higher conversions. Roll out. The AI “body type” filter is ..read more
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Pinterest revenue rises 11%, delivering better than expected results for advertisers
Investor's Business Daily
by Nicola Agius
6M ago
Pinterest’s third-quarter revenue jumped 11% to $763 million in Q3, 2023. Ad earnings surged as the platform’s global monthly active users increased by 8% year-on-year to 482 million. The company credited its success in part to “Its ability to attract and retain advertisers and effectively measure advertising campaigns.” Why we care. Advertisers interested in diversifying their ad spend may want to consider Pinterest as a potential investment, given its better-than-expected performance for advertisers. Its significant increase in global monthly active users also suggests the platform has a l ..read more
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Survey: Marketers reducing ad platform investments
Investor's Business Daily
by Chris Elwell
6M ago
Marketers plan to invest in fewer advertising platforms over the next 12 months than at the beginning of the year, according to an ongoing survey of Search Engine Land readers. Of the 16 ad platforms we asked about, fewer respondents said they expect to invest on 12 in the third quarter of this year compared to the first quarter of this year. Only Meta, Microsoft, and Microsoft’s LinkedIn will get more investment from advertisers, according to the survey. The number planning to invest with TikTok will be flat. Search engines. More advertisers plan to invest dollars with Microsoft properties ..read more
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8 new and updated Pinterest products for advertisers
Investor's Business Daily
by Nicola Agius
7M ago
Pinterest just rolled out a bunch of fresh and upgraded ad products. The platform says its new features cover “the complete user experience” on the platform, from discovery to decision to action, helping advertisers to better connect with the Pinterest audience. Here’s a roundup of the platform’s key ad product announcements you need to know about. 1. Product Spotlight Premiere Spotlight allows brands to exclusively own premium ad placements on Pinterest, ensuring their campaigns get maximum exposure. In a new development, Pinterest is now expanding Premiere Spotlight beyond just search. Now ..read more
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Pinterest and Amazon team up for multi-year ads partnership
Investor's Business Daily
by Nicole Farley
1y ago
Pinterest just announced a significant advertising partnership with Amazon. How it works. When Pinterest users encounter an Amazon ad, they will be directed to Amazon’s website to complete their purchase. Timeline. The integration of Amazon ads will be rolled out over several quarters, with no specific details on ad placement or short-term revenue forecasts. Pinterest does not expect any significant impact on its revenue until next year. The multi-year collaboration will make Amazon the first-ever third-party advertising partner on Pinterest, according to a blog post released with the company ..read more
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