Pinterest Launches Enhanced Shopping Tags
and businesses to connect with their audience. In a bid to strengthen its e-commerce capabilities, Pinterest has launched enhanced shopping features aimed at boosting user engagement and improving merchants’ ability to showcase their products. These new updates, including product tagging, video in catalogs, and more, reflect the platform’s continued commitment to social commerce. Let’s dive into the key features of Pinterest’s enhanced shopping tags and explore how they’re changing the Pinterest shopping experience.
Product Tagging on Pins
One of the most notable updates in Pinterest’s shopping strategy is the introduction of product tagging on Pins. This new feature enables merchants to tag products directly within their Pins, making them shoppable. These product tags allow users to easily view product details and make purchases without leaving the platform. Early tests of the Pinterest shopping tags showed a remarkable increase in purchase intent, with tagged product Pins showing a 70% higher intent to purchase compared to standalone product photos. This is a significant step for Pinterest as it aims to streamline the Pinterest shopping experience and help businesses drive sales directly through Pins.
Video in Product Catalogs
Another exciting addition to the platform is the ability for sellers to incorporate video formats in their product catalogs. With video content becoming increasingly popular across all digital platforms, Pinterest is tapping into the power of video to showcase products in new and engaging ways. Videos allow customers to see products from multiple angles and better understand their features. According to Pinterest, videos have proven to increase click-through rates by 158% and help reduce acquisition costs, ultimately making products more appealing to potential buyers. This is a valuable tool for merchants looking to create more dynamic, interactive product listings that increase conversion rates.
Shop Tab on Business Profiles
Pinterest has also introduced a dedicated “Shop” tab for business profiles, which allows merchants to display their products prominently. The Shop tab gives businesses an easy way to organize and highlight their best-selling or featured items. According to Pinterest’s early testing, this feature has contributed to 30% of first attributed sales, proving that a well-placed, accessible shopping feature can lead to increased sales and visibility. This update also emphasizes the importance of optimizing a business’s profile to showcase shoppable products effectively.
Pinterest API for Shopping
The Pinterest API for shopping is another key development that makes it easier for merchants to manage their product catalogs. The API improves catalog metadata management and ensures that product listings are accurate, with a 97% accuracy rate. This tool helps businesses keep their product information updated and organized, offering users a seamless shopping experience. With accurate listings, Pinterest users can trust the platform to provide them with relevant and up-to-date products, enhancing overall shopping satisfaction.
Pinterest’s Focus on Social Commerce
These new shopping features are part of Pinterest’s broader focus on social commerce. Social commerce has seen rapid growth over the past few years, with 215% more Pinners engaging with shopping surfaces since 2021. Pinterest’s continued push into e-commerce positions it as a leader in the social shopping space. By making it easier for businesses to reach consumers and providing users with a more interactive and engaging shopping experience, Pinterest is proving that social commerce is not just a trend but a driving force behind e-commerce success.
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