Home Ad Exchange News It’s Pin A Long Time Comin’: Pinterest Adds Search Advertising

It’s Pin A Long Time Comin’: Pinterest Adds Search Advertising

SHARE:

pinterest-search-imgPinterest introduced its first search ad offering Wednesday, almost seven years after the company launched.

“Now we believe we’re at a place where we understand how people are leveraging the platform and using it to plan their lives,” said Michael Akkerman, head of Pinterest’s marketing partners program.

The new search functionality comes via Kenshoo, an advertising vendor in Pinterest’s marketing partner program. It’s sold for three KPIs: impressions, clicks on promoted or buyable pins and engagement, which on Pinterest means someone saving a pin to their own board.

“A big reason I came to Pinterest was that there’s something unique in the way people use the platform,” said Akkerman, who Pinterest hired from Kenshoo in 2015.

For Pinterest, which logs more than 2 billion user queries per month, a key selling point for brands is its organic visual search, Akkerman said.

On Google, a search for “red sweater” returns text … and a carousel of images a brand can buy its way into. But on Pinterest, its natural query response is a mosaic of images, about 75% of which are created by brands.

Pinterest’s search has been built from the ground up to process visual search, with algorithms built to scan and understand what’s in an image. Akkerman says that nicely positions Pinterest for mobile-first search budgets.

“Looking at voice search and what’s coming in the future, I really see visual search being a big part of what’s to come,” he said.

A search algorithm can find a sweater it thinks suits your tastes, but it can’t necessarily show it to you in an organic way.

“I came from traditional text-based search,” Akkerman said. “And it’s true what people say: We eat with our eyes.”

Must Read

Google in the antitrust crosshairs (Law concept. Single line draw design. Full length animation illustration. High quality 4k footage)

Google And The DOJ Recap Their Cases In The Countdown To Closing Arguments

If you’re trying to read more than 1,000 pages of legal documents about the US v. Google ad tech antitrust case on Election Day, you’ve come to the right place.

NYT’s Ad And Subscription Revenue Surge As WaPo Flails

While WaPo recently lost 250,000 subscribers due to concerns over its journalistic independence, NYT added 260,000 subscriptions in Q3 thanks largely to the popularity of its non-news offerings.

Mark Proulx, global director of media quality & responsibility, Kenvue

How Kenvue Avoided $3 Million In Wasted Media Spend

Stop thinking about brand safety verification as “insurance” – a way to avoid undesirable content – and start thinking about it as an opportunity to build positive brand associations, says Kenvue’s Mark Proulx.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Lunch Is Searched

Based On Its Q3 Earnings, Maybe AIphabet Should Just Change Its Name To AI-phabet

Google hit some impressive revenue benchmarks in Q3. But investors seemed to only have eyes for AI.

Reddit’s Ads Biz Exploded In Q3, Albeit From A Small Base

Ad revenue grew 56% YOY even without some of Reddit’s shiny new ad products, including generative AI creative tools and in-comment ads, being fully integrated into its platform.

Freestar Is Taking The ‘Baby Carrot’ Approach To Curation

Freestar adopted a new approach to curation developed by Audigent that gives buyers a priority lane to publisher inventory with higher viewability and attention scores than most open-auction inventory.