Pinterest Launches Visual Search Ads for Performance Advertising
At its 'Pinterest Presents' event, Pinterest introduced Visual Search Ads, a new ad format for search results and Pin close-ups, targeting high-intent purchase moments and leveraging Pinterest Intelligence. The Performance+ suite expanded with Priority Products and self-serve A/B testing, while App Promotion went into global beta, showing an 85% improvement in cost per install. CEO Bill Ready highlighted Pinterest's evolution into a full-funnel performance platform, driven by AI. Additional updates include Restyle, an AI home-reimagining tool, and enhanced creator integrations with Amazon. Pinterest also noted its tvScientific acquisition for CTV expansion and reported Q2 revenue growth of 18% to $1.18 billion. The platform now serves 640 million monthly users and over 80 billion searches, more than half purchase-oriented, with a strong Gen Z presence.
- •Pinterest unveiled Visual Search Ads in beta, allowing brands to advertise in search results and Pin close-ups, targeting high-intent purchase moments.
- •Performance+ expanded with Priority Products and self-serve A/B testing; App Promotion is in global beta with 85% lower cost per install.
- •Pinterest reported 640 million monthly active users and over 80 billion monthly searches, over half for purchase intent, with more than half being Gen Z.
