You might be seeing a bit more of Amazon on Pinterest as the platform announces that they are opening up third-party ad demand on Pinterest. As user engagement with shoppable content on Pinterest continues to grow, they have selected Amazon as their first partner for third-party ads.
The partnership with Amazon, says Pinterest, will bring more brands and relevant products to the platform combined with a seamless on-Amazon buying experience for consumers and offer advertisers strong performance.
Over 463 million people come to Pinterest each month to create a life they love. Brands and products are a critical piece of this journey, enabling Pinners to move easily from inspiration to action and advertisers to realise value in connecting with users with high commercial intent. The partnership with Amazon will allow Pinterest to scale these efforts in meaningful ways.
This milestone partnership will add to the great brands already on the platform and provide more comprehensiveness, shoppability, and a best-in-class buying experience for users, along with greater performance for brands and advertisers. This aligns with our goal of making every Pin shoppable, so that we can enable as many users as possible to bring their dreams to life.– Bill Ready, CEO, Pinterest.
The third-party ad partnership will be a multi-quarter implementation, which Pinterest expect to begin rolling out later in 2023.
Amazon Ads is delighted to partner with Pinterest and make it even easier for customers to discover and buy relevant products through shoppable content, while also providing differentiated value for brands.– Paul Kotas, SVP, Amazon