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- Pinterest teams up with Amazon (and maybe even Google)
Pinterest teams up with Amazon (and maybe even Google)
Pinterest's collabs are paying off after their partnership with Amazon Ads, launched in 2023.
Imagine browsing Pinterest for recipe inspiration, then clicking on an ingredient and being brought to Amazon to buy it.
30% of Pinterest's search ads now feature Amazon products, making its mark on the platform. Analysts predict this could bring Pinterest an extra $120 million in revenue.
But Pinterest isn't stopping there. They've got their sights set on a potential partnership with Google, too.
Recent findings by Piper Sandler suggest Google ad units might be popping up on the Pinterest app in the US. This could be a big win for Pinterest, especially internationally.
Currently, 80% of their users are outside the US, but only generate 20% of revenue. A Google partnership could boost revenue per user in those markets.
50% of Pinterest's active users are also shoppers, and many of them also shop on Amazon. This means there's a huge audience hungry for a easy shopping across platforms.
Pinterest is also making big strides on its own. They recently launched a "collage" feature that lets users get creative and add shoppable products to their digital mood boards.
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