What Are Promoted Pins
When you have important visual pins
that will drive business for you, Pinterest gives you the option of paying for
Promoted Pins which is the advertising modality within Pinterest.
When you scroll down your personal feed
you will read the term: Promoted By on pins which designate promoted pins the
way Google Adwords have ‘Ad’ on them.
Any pin that is public can be promoted in this way.
Essentially as a first step you need to
think critically about the thing that is central to what your business does. In
other words what is your ‘core’ business? Within any area you will be able to
see the level of activity within Pinterest as measured by the number of people
that follow that area.
Mobile Friendly Video Pins
Pinterest have now also confirmed that
you can now also incorporate Promoted Video Pins that are at this stage at
least, being targeted exclusively to mobile users that as we know make up the
vast majority of Pinterest users with over 80% of use happening on a mobile
device. These video pins are viewed on the mobile screen as an animated
GIF and when selected direct the viewer to the full video.
As an added incentive those businesses
that use these new video pins will be able to at no cost, add six free pins
below the video. These complimentary pins show as a carousel under the video,
and are used to provide additional content regarding the product being marketed.
Currently the videos are on third-party
video players like YouTube but Pinterest is developing its own video system so
it is just a matter of time until it replaces the current system and users will
upload video content directly the Pinterest system.
Using Promoted
Pins
The key
benefit with the use of Promoted Pins is that you can effectively target
defined groups where you create an ad
campaigns based on three main business goals: Namely: Awareness, Engagement
and Traffic.
Brand awareness campaigns allow you to
promote your pin to your target market using a Pay per Impression (PPI) model
of 1000 impressions. Whilst with engagement ads, the Pay per
Click (PPC) system is used where you pay each time someone clicks and enlarges
your pin, repins your pin, saves your pin, or clicks and your pin.With traffic campaigns, the business
pays for each click-through on your pin.
Personally as with Adwords which is
also PPC I have always preferred the value that PPC ads provide.
Budgeting for
a Promoted Pin Campaign
Pinterest will provide you with a CPC
budget estimate based on the keywords and interests you are targeting. Typically
it will be around a dollar plus per click so it is more expensive potentially
than a Google Adword but I believe a good complement to it.
For brand awareness campaigns, you will
be looking at around 3 to 5 dollars per click.
Industry reports say that around 5% of
all pins are promoted pins.
Buyable pins are also now available as promoted
pins represent a change where when you buy you no longer need to be transferred
to the seller’s site.
So until next time, Good luck and good marketing.
Regards,
Daniele.
No comments:
Post a Comment
Please feel free to add a comment, suggestion or any feedback you'd like to share with other marketers,brand managers and marketing enthusiasts.