Pinterest today made it that much easier for consumers to explore specific interests, and agency execs are already looking toward its potential advertising uses.
Previously, Pinterest curated pins around broad categories such as “outdoors.” Now, when users click on “Outdoors,” they’ll be able to find pins curated to interests as narrow as “ultralight backpacking” and “saltwater fishing.”
Pinterest is in the midst of introducing ads to its platform, but a Pinterest spokesperson said there are no immediate plans to allow advertisers to target users based upon the interest pages they chose to follow. But this being a platform whose only revenue source is advertising, it’s fair to assume that, if interest pages catch on with users, ads will be sold against them.
At least agency execs, always looking to target consumers based upon their interests, hope so.
“All we’re trying to do is go deeper based upon targeting people on interest. The ability to hit them in that context makes a lot of sense,” Jordan Bitterman, chief strategy officer at media agency Mindshare, said.
Pinterest’s 32 categories — such “travel,” “animals” and “kids” — were too broad to serve finely tuned ads, according to Jill Sherman, group director of social and content strategy at Digitas. Agency execs routinely describe Pinterest image as a visual search engine. Adding interest collections — essentially more-nuanced tags — can only enrich that database.
“It was basically a collection of boards. Now it’s much more: a very deep directory of interest,” Chris Bowler, Razorfish’s global vice president of social media, said.
Interest pages are also a way for Pinterest to broaden its appeal, or at the very least, prevent it from losing users. Pinterest’s user-base still skews female despite its incredible popularity, Providing more pinpointed collections could attract even more users.
“This is where the entire social world is going; niche communities that have much higher receptivity than your broad-based Facebook and Twitter platforms,” Chris Bowler, Razorfish’s global vice president of social media, said. “This is Pinterest’s way of serving a community of rock climbers versus someone creating another online community around rock climbing.”
Bitterman added that the tool would also likely increase the amount of time Pinterest users stay on the platform in a given session, another selling point for Pinterest as it ramps up ad selling efforts. The prediction speaks to the power of catering to people’s interests: it makes Pinterest more appealing to consumers, and more alluring to ad buyers.
Join John and Pinterest’s head of partnerships at the Digiday Platform Summit in Half Moon Bay, California from August 13-15 as they discuss how the platform is creating new opportunities for brands as part of its push to become a visual search engine.
Inside the NFL’s youth-focused social strategy
As part of the NFL Content Creator Network, the league is engaging with fans in new, innovative ways via gaming or just through creative social media activations.
Publishers test personalizing newsletters with varying degrees of success
Publishers are testing personalizing newsletter content based on readers’ interests - but it doesn't always work.
Indie agency Known beats out incumbents to land AMC Networks’ media business
In essence, Known is helping AMC Networks become more of a direct-to-consumer client as the programmer expands into more streaming options on top of its linear foothold.
SponsoredHow FAST channels are redefining primetime opportunities for advertisers
How agencies adapt as bots evolve
Social media bots may represent just a sliver of an app's total users, but it turns out they may be generating more content than we were previously aware. The challenge is separating the good ones from the bad.
Publishers feel the crunch of cookieless browsers like Apple’s Safari
Bid enrichment provides publishers the means of sprucing up their cookieless impressions to improve their value in advertisers’ eyes.