Study: The consumers luxury brands care about the most are on Pinterest

21 February 2024

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Today, Pinterest launched an international, high-concept campaign to promote a full suite of products for advertisers looking to convert users into buyers on the fast-growing, Gen Z-favored platform where nearly half a billion people go to search, save and shop every month.1

Featuring action-packed minimovies, “The P is for Performance” campaign demonstrates how ads on Pinterest don’t just raise awareness about brands—they drive results.

“Inspired by the aesthetic of iconic action movies, we wanted to tell our performance advertising story in a way only Pinterest can—with elevated style and an element of the unexpected,” said Xanthe Wells, VP of Global Creative at Pinterest. “We took a moviemaking approach and tapped exceptional talent from the film industry to craft a high-action story that breaks through the conventions of B2B marketing.”

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Corey Burton, one of Hollywood’s most in-demand voice actors whose voice has been heard in Quentin Tarantino’s “Once Upon a Time…in Hollywood” and as “Star Wars’” Count Dooku, among other credits, introduces each minifilm by intoning, “High Action! Lower Funnel!” as film titles designed by Kurt Volk of Grindhouse fame fill the screen.

People come to Pinterest to discover new brands and products, an ethos that made Pinterest a leading platform for advertisers seeking to raise awareness of their brands—the “upper funnel” of a marketing campaign. The new-era Pinterest also is a “lower funnel” champion for advertisers—boosting conversion, growing traffic and measuring results. This full-funnel approach makes ads on Pinterest more relevant and effective.

“The P is for Performance” campaign reveals that Pinterest is seeing as much as 28% increase in conversions and up to a 96% increase in traffic for its advertisers.2,3

  • Mobile deep links, which allow merchants to direct people to a specific page on their app to buy their products or take other actions via mobile devices,
  • Direct links create a more seamless handoff for advertisers by taking users to an advertiser's product page in just one click, significantly reducing friction and improving the ability to take action.
  • The Pinterest API for Conversions enables advertisers to send conversions directly to Pinterest via a secure server-to-server connection to provide better reporting visibility.
  • Shopping ads, which help brands engage with their customers while those users are still looking for inspiration on Pinterest,

The campaign follows Pinterest’s first earnings call of the year, where the company highlighted progress in its goal to become a meaningful performance player. The percentage of revenue from advertisers who adopted at least three of Pinterest’s suite of performance tools increased from 2% at the beginning of 2023 to 23% by the end of the year.4

Read more about the new and improved suite of performance products on Pinterest here and watch the campaign spots below.

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2024 Ernie