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Pinterest launches new ads called Promoted Pins

Pinterest rolls out new Promoted Pins advertising form a group of select retailers as a test for a broader roll out through the year.

@ShaneMcGlaun
Published Tue, May 13 2014 6:03 AM CDT   |   Updated Tue, Nov 3 2020 12:17 PM CST

Pinterest announced last year that it would be rolling out a new form of advertising for the site called Promoted Pins. These pins would be placements from select retailers and other businesses that could be pinned on the site. This week the company has begun rolling out a test of these Promoted Pins.

Pinterest launches new ads called Promoted Pins | TweakTown.com

Pinterest says that the ads will only show up in the search and category feeds on the site. Brands and companies that are participating in the test are limited to a small group to start. Participating companies include ABC Family, Banana Republic, Expedia, GAP, General Mills, Kraft, lululemon athletica, Nestle (select brands), Old Navy, Target, Walt Disney Parks and Resorts and Ziploc.

A small group of advertisers allows Pinterest to collect feedback on the new ads before rolling the service out to all advertisers during the year. These advertisers were reportedly asked to spend between $1 million and $2 million on advertising. The CPM rate for the ads is in the $30 to $40 range. The Promoted Pins look like all other pins, but do say that they are sponsored.

NEWS SOURCE:techcrunch.com

Shane is a long time technology writer who has been writing full time for over a decade. Shane will cover all sorts of news for TweakTown including tech and other topics. When not writing about all things geeky, he can be found at the track teaching noobs how to race cars.

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