Tag: Shopping

How Pinterest is Helping Retailers Through Enhanced Discovery and New Ad Options

While COVID-19 may have closed brick and mortar stores, it also has proven the efficiency in e-commerce when it comes to scaling sales and setting up shop and platforms are finding their role in the shift. Pinterest, most recently introduced including a new storefront profile, faster Catalogs feed ingestion, collections as a shopping ad format, video for collections, automatic bidding, conversion insights and analysis, and an improved product tagging test. This follows a new finding, that is, the number of Pinners engaging with shopping surfaces on Pinterest has grown over 85 percent in the past six months.

Here’s a recap of the latest updates and how you can put them to work for your bramd.

Transforming Shop Tabs to Storefronts

In the absence of the physical in-store browsing experience, discovery is everything. Pinterest is supporting merchants in this regard by giving the storefront profile an overhaul complete with “featured in-stock products organized by category, featured product groups and dynamically-created recommendations.”

With more ways to present their products on the tab, the goal is to encourage more online shopping behavior that nods to the in-store experience. Pinterest is also working on a product tagging option which would allow retailers to tag their products in scene images further instilling a sense of inspiration users of the platform notoriously crave. Finally, when searching for shopping-related ideas users will be shown recommended merchants based on the particular category. For instance, if you search ‘wool coat’ an option for Bluxome would appearch in addition to the product description including a link to purchase and the retail price.

Catalogs feed ingestion and video

Pinterest is also improving its catalog ingestion process. For brands, having an intuitive way to connect their product listings directly to their Pins is tablestakes and the platform is eager to streamline this to take the hassle out of uploading catalogs and shorten the time required to activate shopping ads. Further, merchants will have the option to designate a main asset and a corresponding product image in their uploads to create a multi-image ad unit.

Beyond these more basic updates, the company is also using this opportunity to lean into video, a format that continues to be top of mind. With this feature, brands have the option to apply video as a hero in a Collections ad unit to share their store in more innovative and compelling ways that drive inspiration to action.

As part of its Q2 update, Pinterest revealed that catalog ingestion had grown 10x in the first half of 2020. Chances are this will increase even further as merchants look to add more shoppable Pins to augment sales on the platform and capitalize on the rise of e-commerce.

Automatic bidding & conversion analysis

A primary concern for marketers is ensuring their ad bids align with their objectives.At a high level, automatic bidding taps into internal insights including key metrics to map campaigns to the right users based on their interests, habits, and history.

Pinterest specifically introduced automatic budding for shopping aimed at maximizing sales for brands on the platform in an easy, automatic, and effective way. Advertisers keep control over an ad group’s bid and can adjust as necessary to aim for the maximum number of results while promotions are geared towards users with a history of buying or displaying purchase intent.

“On average, advertisers who tested Automatic Bidding for Catalog Sales saw 28 percent more conversions when optimizing for the ‘Conversion’ event and nearly 29 percent more clicks when optimizing for ‘Click’ event for the same budget,” the company shared.

Lastly, in today’s environment adaptability and a willingness to experiment is a core element of any strategy small or large. To help brands test and see how their campaigns are performing across different objectives Pinterest rolled out a series of new “Conversation Analysis” visualization tools that illustrate how a consumer is completing their path to purchase. By having these fundamental pieces of information presented in a familiar funnel, marketers not only gain a clearer picture of future expectations but immediate new ways to prove impact including comparison of multiple attribution views.

Shoppable Product Pins has increased by 44 percent in 2020, while the number of Pinners engaging within shopping surfaces across the app has grown over 85 percent in the past six months. At 416 million monthly active users, Pinterest’s reach is also expanding. It’s worth a look, and these new tools could further enhance its offering.

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The post How Pinterest is Helping Retailers Through Enhanced Discovery and New Ad Options appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/11/how-pinterest-is-helping-retailers-through-enhanced-discovery-and-new-ad-options/

How TikTok and Shopify are Fueling Shoppable Videos

Earlier this year, TikTok announced a $200 million creator fund with a goal of helping more leading creators in its community sustain themselves financially solely through TikTok. More recently, the platform announced a partnership with Teespring allowing creators to sell merchandise they design and create directly to fans via the app itself.

As social commerce continues to proliferate, brands and retailers are recognizing that to rise above the noise they must tap emerging spaces with highly creative and engaged audiences. In this spirit, TikTok and Shopfiy announced a global partnership geared to help more than one million merchants reach highly engaged audiences and drive sales by tapping into TikTok’s global scale.

Helping Shopify Merchants Engage TikTok Users

“The TikTok channel means Shopify merchants—even those without a strong TikTok following of their own yet—can connect with these new audiences using content that feels authentic and genuine to the TikTok experience,” said Satish Kanwar, Vice President of Product at Shopify, in a statement about the new partnership.

At a high level, the partnership enables merchants access to TikTok’s key business features and software as part of its Business Ads manager including the ability to designate which product they want to spotlight. They can also access a variety of TikTok’s ready-made templates to help customize their campaign with their brands’ images, and videos. The tools are already designed for commerce and compatible for “merchants of any size,” so any heavy lifting is removed from the equation.

As a perk, they can claim a $300 ad credit to put toward their first TikTok campaign. Beyond launching ads, merchants can use the software to target specific audiences and track ad performance so they can more easily track for what they’re doing well versus what they can improve on in their next ad.

#ShopBlack Challenge

Prior to its latest push, TikTok had toyed with allowing users to drop e-commerce inks in their bios, launched ‘Shop Now’ buttons for brands to incorporate into their videos, and introduced shoppable components to hashtags with Hashtag Challenge Plus, it’s e-commerce feature.

Along the vein of hashtags as a commerce function, as part of the partnership TikTok and Shopify are hosting a co-branded #ShopBlack challenge scheduled to run from November 10 to November 15. The effort will feature products from over 40 merchants in a powerful testament to the responsibility and meaningful opportunity for today’s social platforms to support the notion that societal issues like racial equality and business growth are connected efforts. Specifically, by serving as an outlet through which Black entrepreneurs can share their stories and inspiration as business owners within the larger TikTok community.

Separately, Shopify released its own Black Business Directory through which users can discover and buy from Black Shopify merchants. The platform also recently announced its partnership with Operation Hope to create one million Black-owned businesses by 2030.

Simplifying social commerce

This partnership is just one example that speaks to the growing social commerce movement, a trend that has been accelerated by the coronavirus. As the physical stores closed in 2020 and sent massive traffic to online destinations, platforms spanning Facebook, Instagram, and Pinterest rushed to update their shopping features. Mobile-apps are the shopping malls of the internet.

Content can be moved more cheaply and quickly than ever before and there are new ways to make it to ensure it stands out above the crowd. The influx of social channels as retail avenues doesn’t come without its own challenges, however.

“One of the concerns brands have with [the] growth of e-commerce across social, retailers and their own .com is that it requires managing multiple retail streams,” shared Jess Richards, EVP and Managing Director of Commerce at Havas Media Group. “The connectivity with Shopify for Merchants can simplify the approach.”

In an era of empowered consumers, experiences should be the primary focus for brands — and these have to be easy-to-navigate, streamlined, and delivered in hyper-relevant formats that match the space and flow of communication. Video is one of these expanding areas worth watching.

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The post How TikTok and Shopify are Fueling Shoppable Videos appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/10/how-tiktok-and-shopify-are-fueling-shoppable-videos/

Instagram is Making it Easier to Kickstart your Small Business

With eCommerce sales rising amid the COVID-19 lockdown, platforms are working every angle to make their interface friendly to brands and businesses looking to build a digital presence in the absence of a traditional brick-and-mortar experience. Leading in the space is Instagram and its parent company Facebook.

Specifically, Instagram has recently introduced a number of ways it’s committing to achieve this underlined by themes of discovery, monetization, and driving conversations around specific products and services.

Making Content Discoverable via the “Shops Tab”

Originally introduced in May as part of a larger announcement of Facebook and Instagram Shops, more users can now expect to see the new “Shop” tab within their bottom navigation bar. At a high-level, users who use the tab will be driven to the current shopping experience in the app which consists of a list of postings with Shopping Tags attached. They can filter by specific categories, including Beauty, Clothing & Accessories, Home, and Travel, much the same way they’re able to via Instagram Explore. Ultimately, additional purchase options will be added as parent company Facebook onboards more companies and introduces more selling options.

Per TechCrunch, the new tab will be indicated with a “Shop” icon that will replace the heart icon (Activity) in the app’s main navigation though the Activity feed will still be available either by toggling to an icon in the top right corner, beside the icon of a ‘Direct’ paper plane, or by going to their profile and tapping the heart icon. For more general insights into set up a Facebook shop, check out this new Blueprint education course the platform recently unveiled.

Maximizing Your IGTV Efforts

Earlier this Spring Instagram shared several key changes to its IGTV app including an important cross-promotional update whereby the first 15 seconds of the video will play with the rest of the content available via a ‘swipe up’ link, as opposed to a freeze-frame from the clip. In addition to this, the platform introduced a broader overhaul of the IGTV display options within the Discover tab. The intent was primarily to highlight top creators but, more importantly, allow users to have more specific control over what they see as opposed to limiting search options solely based on content they’ve already engaged with.

In this vein of ‘control,’ more recently Instagram introduced additional options allowing creators and brands to edit the preview images and thumbnails of their IGTV videos that are displayed in the feed. The app is also unveiling capability for IGTV creators to cross-post to Facebook Watch, serving to increase the exposure of their uploads. With the roll-out of IGTV monetization including ads and Bages through which users can donate to their favorite broadcasters, this is a significant incentivizing factor for companies looking to double down on e-commerce efforts amidst the global pandemic and boost their digital presence.

Put differently, marketers want a reason to put resources against yet another digital app. With further options to generate income from IGTV, they’ll naturally find more reasons to make it a consistent focus. For context into just how much live-stream viewership has increased in recent months, Instagram reported a 70 percent uptick between February and March alone.

Pinning Post Comments

Following a test in May, Instagram is announcing that users can now pin up to three comments within a comment thread. To do this, swipe to the left and tap on the icon resembling a thumbtack. Each of the three posts you designate to pin will appear underneath your photo with a “Pinned” label beneath.

Per Instagram’s VP of Product Vishal Shah, the option is designed to enable brands and users to control the tone of conversations. “By highlighting positive comments, you can better manage the tone of the conversation,” he shared on Twitter. From an e-commerce standpoint, this stands to be a useful way for those building their e-commerce presence to promote great reviews of their product and learn more about new purchasing behaviors by boosting relevant questions and feedback.

Though still up for debate, many experts in space anticipate that such trends will hold beyond the pandemic. Why? As more consumers experiment with online buying options and recognize the convenience and efficiencies of shopping from the comfort of their home, they won’t go back. This will ultimately exacerbate the current growth in e-commerce. Pivoting, in this case, is not necessarily only about a change in direction, but much more directly correlated with moving the needle of a business.

The post Instagram is Making it Easier to Kickstart your Small Business appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/07/instagram-is-making-it-easier-to-kickstart-your-small-business/

#PositiveCoronavirusNews for Shoppers as Rishi Sunak plans emergency cut in VAT to rescue ailing economy #FinancialNews

Rishi Sunak plans emergency cut in VAT to rescue ailing economy

https://www.thetimes.co.uk/article/rishi-sunak-plans-emergency-cut-in-vat-to-rescue-ailing-economy-l6glk27rp

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

How to Prepare Your Brand for the Not So Distant Future: 2.22.22

Where will the world be on February 2, 2022? What can we expect the business landscape to look like? What brands will see success and which ones won’t? What will be important to consumers?

All of these are important questions that are top of mind for marketers and will continue to be in the months and years ahead. During #SMWONE Suzy CEO Matt Britton tapped into up to the minute research from his team to play the role of futurist and paint a broad picture of the world we will be living in on the other side of COVID-19.

Here are the primary insights and takeaways:

  • Consumers want variety; not quantity when it comes to their purchases
  • Secondary and tertiary cities are on the path to become the new “hot spots”
  • People are ultimately more fascinating than brands and influencers will be behind the brands that take off

Living: the “accordion effect”

According to Britton, the global pandemic will result in an “accordion effect” in which people will gravitate away from the big cities like New York or San Francisco. Meanwhile, secondary and tertiary cities like Columbus, Ohio, Denver, Colorado, and Denton, Texas are on the path to become the new “hot spots.” “Suburban sprawl simply is not that appealing to the millennial generation,” he added.

What are the tangential effects of this transition? Appreciation is these lower-tiered markets and home prices in areas like New York or San Francisco leveling off. With this, we may see a trickle-down effect whereby there is a resurgence in automobile purchases. This potential increase in demand for consumers buying cars, however, could result in reduced demand in the long-term, for ride-sharing companies like Lyft and Uber preferred for their ubiquity.

Buying: consumers want variety

Consumers want variety; not quantity when it comes to apparel. One may assume this would open the window of opportunity for retailers but in a down market, this isn’t the case. Britton elaborated with several examples including J.Crew recently filing for bankruptcy and Gap claiming some of its stories will never reopen.

“These companies surely lean too heavily into a brick and mortar layout and did not pivot nearly fast enough to an e-commerce model,” Britton explained.

He pointed to Rent the Runway (RTR) and Ipsy, recently announcing it surpassed $5M in revenue, as prime examples of business models that will continue to be sustainable because the trends of consumers wearing garments less and less or wanting the convenience of beauty products sent to their home is not going to reverse.

Another important retail trend: companies will increasingly look to take over control of their own consumer experience. Nike, for instance, pulled its products off of Amazon this past November. This also holds for the CPG space. In a world of Amazon Prime, companies including Million Dollar Shave Clubface increased pressure to establish a more scalable e-commerce strategy.

“If I’m the CPGs, I’m trying to form a coalition where there are prime benefits where Costco, with traditional CPGs, can compete against Amazon, and maybe P&G one day will make the same decision that Nike made,” explained Britton.

The growing role of influencers

Surfacing headlines are posing the common question: could the coronavirus kill the influencer culture? Per Britton, “influencer culture is just begging and it is here to stay.”

Something Navy fashion blogger cracked a deal with Nordstrom and started to sell her own clothing. In this wavelength, he also mentioned Danielle Berstein who with her “We Wore What” blog is building a bigger audience through socially responsible posts across content and supporting small businesses with her efforts. IN turn, she’s seeing tremendous success via launching new products with numerous retailers.

“People are ultimately more fascinating than brands and influencers will be behind the brands that take off.”

Look no further than the TV space for prime examples of this idea, specifically the story of Oprah Winfrey’s rise to fame as she became a brand in her own right. The same trend will likely take form within the fashion space, per Britton. Influential people who have the right audiences and are built from the ground up will be able to create sustainable, digitally-native businesses that evolve into the new Gaps and the new Nordstroms of the future.

Brands as “ingredient” or “helping” brands

Years ago Home Depot coined the tagline “You can do it. We can help.” As consumers realize they can no longer rely on the services that they once did in a pre-crisis environment, they are now resorting to their own devices. 43 percent of dog owners, for instance, claim they will switch to DIY grooming.

Mattel Playroom, as another example, is using this time to encourage families and children to come up with their own toys in its “Play is Never Cancelled” — this concept of taking what you bought from us and make it bigger and better. Finally, Eva Longoria shocked the Internet when she took to dying her own hair in a L’Oreal ad she filmed herself from her house.

Whether these new habits actually take hold post-COVID, there is a powerful meaning behind brands taking an uncertain time and empowering consumers by giving them the raw ingredients to push forward — a role Britton referred to as “helping brands.”

This is also the case for the food and beverage industry as food preparation has come back into the home. Seventy-five percent of consumers believe they’re more skilled in the kitchen now and over 50 percent believe they will continue to cook more after the crisis. “This will create a substantial shift where these companies who have relied on their packaging and merchandise for years now have to reinvent themselves in a world where their products will be bought digitally, and more consumers are cooking at home on a regular basis,” said Britton.

Entertainment: redefining fun

In the absence of live events, platforms like TikTok and Houseparty are allowing the ability for brands and influencers to collaborate in meaningful and compelling ways. Houseparty specifically saw 17.2M total downloads in March with users carrying out virtual dinner parties, celebrating birthdays, and playing trivia and Pictionary to pass the time at home.

Gaming is also taking off with users engaging with one another on Animal Crossing esports and newcomer apps like Squad. In terms of music, platforms Fortnite and Instagram have become central and taken over the role of “concert venue.” Travis Scott did an entire performance in the form of an avatar on the Fortnite platform that drew in over 12M concurrent viewers. DJs too are using this moment of time to redefine their personal brands, DJ DNice rising to the top for his daily quarantine sets performed on Instagram that draw celebrities like Jennifer Lopez to the crowd.

Work and travel: a slow return

Britton believes travel will come back in full force much like the hospitality space, but it won’t be immediate. As companies struggle with budget cuts and want to avoid the liability of returning to work at the office too quickly, many are taking it upon themselves to postpone major events and issue work from home mandates into 2021.

Similarly to dining out, however, there is an inherent desire to travel and it will return. What is likely to be more apparent in the near future is people opting to travel by car when they’re not as ready to jump on a plane right away. Enter the C2C models of businesses like Airbnb who, despite recently laying off thousands of employees, have a likelihood of finding success for cash strapped homeowners looking for more income and individuals who want quick getaways that are safer than returning to air travel.

Regarding the future of the workplace, businesses are taking serious consideration that not every person across every department needs to be working from the office in order to collaborate and giving employees flexibility as to where they live can boost morale. In short, Britton believes companies will reevaluate their spaces.

Learning

While many workers thrive from home, students are struggling to prosper in a remote learning environment, according to Britton.

For younger generations, school is a place for building friendships, escaping from the house, learning responsibility, and seeing their friends and building core communication and interpersonal skills. 54 percent of parents with students engaged in a remote learning situation due to COVID-19 say it’s a daily struggle to support career and parenting during the day per recent findings from Suzy.

When assessing the 20 skills most in demand today, they are very trade and skill-based including items such as cloud computing, SEO, UX design, and video production, all of which aren’t traditionally taught in a liberal arts environment. The major takeaway: the technology companies are where the jobs are, where GDP is expanding and this is not likely to change. For this reason, it’s unlikely students not want to incur debt for a system that doesn’t prepare them to succeed in this capacity. “There are so many skills in demand that aren’t skills where you’re a jack of all trade or a master of none. I expect us to see a reverberation of demand for skills-based learning and skills-based schools versus generalist schools,” said Britton.

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The post How to Prepare Your Brand for the Not So Distant Future: 2.22.22 appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/06/how-to-prepare-your-brand-for-the-not-so-distant-future-2-22-22/

Here’s How Facebook and Pinterest are Making Shoppable Content Easier to Navigate

The number of Pinners who engaged with shoppable product pins has increased nearly half (44%) year-over-year. During a time when browsing the aisles of a favorite store just isn’t possible, the platform has doubled down on its exploration of ways to improve product discovery and customize listings with a focus on facilitating purchase behavior and mimic that IRL storefront look and feel.

Last month, the platform unveiled features allowing users to shop in-stock products inspired by their own Pins. It also introduced a new Shop tab that functions as a personal shopping list. Fast forward to today, Pinterest is making an even bigger push for shoppable content with a new feature, “Shopping Spotlights,” that centers on purchases driven by curations from guest editors, including influencers and publishers.

Shopping Spotlights

In a statement to WWD, Amy Vener, Head of Retail Strategy and Marketing at Pinterest explained the impetus follows an 18-month theme in product development around bridging the gap between people finding inspiration and enabling them to take action. “Putting [Pinterest] users in the hands of these experts based on trends that are timely, and connecting them to the products they can buy, was a key reason why we launched the Shopping Spotlights feature.”

Shopping Spotlights is accessible via a feed of highlighted panels along the top of the “Search” tab. Content is hand-picked by guest experts and fashion leaders including author Elaine Welteroth, fashion blogger Blair Eadie, and interior designer Sarah Sherman Samuel. Per the official announcement, they will soon be joined by top fashion and lifestyle publishing partners Refinery29, Domino, Who What Wear, InStyle, Nylon, and Harper’s Bazaar. Beyond editors’ picks of influential fashion, publisher, and home tastemaker content, users are able to more seamlessly shop curated ideas based on the most relevant Pinterest trends of the moment.

How does it work? Simply tap through on any Spotlight to see themed collections including products linking directly to in-stock pages where you can make your purchase. In some cases you’ll encounter items from brands who are directly contributing to notable causes such as COVID-19 relief. The platform reports that over the past few weeks, searches for “help small businesses” and “support small businesses” have increased by more than 350 percent.

Facebook “Shops”

Similarly to Pinterest, Facebook is making its own moves to enhance its platform for the purpose of bringing people the joy of shopping as well as help businesses in their pivot to e-commerce.

The platform currently has its Marketplace while Instagram offers the capability to buy products featured in posts and ads. Its latest efforts, however, go even further. Called “Shops” the latest update makes it possible for businesses to turn their Facebook and Instagram pages into digital storefronts. Announced via a live stream, CEO Mark Zuckerberg explained that expanded e-commerce is vital to rebuilding the nation’s economy. “We’re seeing a lot of small businesses that never had online businesses get online for the first time,” he said.

Each business can select the products they want to feature and then design the shop to their liking including picking a coverage image and accent colors that showcase their brand. Beyond the brand’s Facebook page and Instagram profile, products will appear in stories or in promoted content.

In-app and Live integrations

As the update develops, Facebook is working towards purchases made directly from a chat within WhatsApp, Messenger or Instagram Direct. It also plans to integrate loyalty programs with shops and give users the chance to shop while they engage in a live stream. In this scenario, brands can tag items from their catalogs so they appear at the bottom of their Live.

Finally, Instagram Shop is slated to launch this summer where users can browse items in Instagram Explore. There they can find inspiration from collections from their favorite brands on the @shop account. Later in the year, it plans to add a dedicated shopping tab to its navigation bar.

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The post Here’s How Facebook and Pinterest are Making Shoppable Content Easier to Navigate appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/05/heres-how-facebook-and-pinterest-are-making-shoppable-content-easier-to-navigate/

Mum shares tricks for saving money on grocery shopping during coronavirus lockdown

Morgan Prangnell, who’s a mum to an eight-year-old, shares how she saves money on her grocery shopping (Picture: Morgan Prangnell)Found yourself …

Mum shares tricks for saving money on grocery shopping during coronavirus lockdown

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Supermarket opening hours on Easter Monday for Tesco, Asda, Morrisons, Sainsbury’s, Aldi, Lidl and Co-op

With most stores closed yesterday, some people may need to retire today to pick up some more essential items, so we’ve rounded up the supermarket’s …

Supermarket opening hours on Easter Monday for Tesco, Asda, Morrisons, Sainsbury’s, Aldi, Lidl and Co-op

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Supermarket opening hours on Easter Monday for Tesco, Asda, Morrisons, Sainsbury’s, Aldi, Lidl and Co-op

With most stores closed yesterday, some people may need to retire today to pick up some more essential items, so we’ve rounded up the supermarket’s …

Supermarket opening hours on Easter Monday for Tesco, Asda, Morrisons, Sainsbury’s, Aldi, Lidl and Co-op

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Why Pinterest’s Verified Merchant Program Will Help You Reach New Audiences

For years Pinterest has served as a popular source of inspiration and creativity. As we continue to navigate through the unprecedented challenges of COVID-19, and people around the globe continue to practice social distancing, even more are turning to the platform as a primary destination for shopping and discovery.

More specifically, over the past two weeks, Pinterest observed a significant uptick in the interest of areas spanning home, self-care, and kid-friendly food and activities. Keywords being used the most include “home organization” (+43%), “spa day at home” (+19%), makeup tutorial for beginners (+180%), and “kid-friendly recipes” (+64%)

In response to the increase in traffic and what the company is referring to as an “unprecedented change in modern retail,” Pinterest is offering retailers the opportunity to reach their audiences in the places where they’re most interested to shop.

THE VERIFIED MERCHANT PROGRAM

The Verified Merchant Program is officially open to all U.S. businesses but was introduced with a select group of retailers including Quay Australia, Ruggable, Filson, Coyuchi, and Lotuff Leather who were manually vetted against Pinterest’s criteria for high-quality customer service experiences.

Aside from earning a fancy blue checkmark on their profiles, verified merchants have the capability to connect their catalog directly to the platform triggering a ‘Shop’ tab, through which they can amplify all of their shoppable products in one convenient spot. In addition, these products will be displayed within dedicated shopping experiences like when users are browsing related products.

From a measurement standpoint, merchants will gain early access to Pinterest’s new Conversion Insights tool that encompasses both organic and paid conversion sights enabling you to measure the impact of your brand across site visits, checkouts, and sales over multiple attribution windows.

With background into the program laid out, the next question becomes, ‘how do I get my brand verified?’

  • To begin, upload your product feed to Catalogs. This is the quickest way to get your products on to the platform and generate Product Pins which will tell users key information such as price, availability, a brief description as to what the product is,
  • Next, install the Pinterest tag. An important benefit of tags is that they help streamline the tracking process regarding actions coming from potential customers. If you don’t wish to use Pinterest’s tag, you can opt to use a compatible tag manager.
  • Meet Pinterest’s Merchant Guidelines. At a high-level, these requirements emphasize accuracy, transparency, and high-level details usable for both Pinners and customer service providers.

PROGRAM PERKS & THE FUTURE OF E-COMMERCE

While each brand should do their due diligence of accessing the fit and viability of the program against their specific goals, there seems to be reasonable pay-off across the board. Pinterest receives more accurate, informative Pins, brands get a boost in exposure, and users can engage with personalized and targeted experiences compatible with their interests and needs as they quarantine.

“As consumers shift their spending to online channels, brands should inspire Pinners and create a shopping experience that feels more like ‘real life,’ bringing a sense of normalcy and delight to challenging times,” Pinterest reiterated in its blog. With the length of ‘stay at home’ orders still up in the air, this shift will continue to grow the longer we’re confined.

For more information on the program including how to apply, you can check out this page. Pinterest’s Head of Global Retail Strategy, Amy Vener, will also lead a global webinar next Tuesday, April 7 (2pm ET) with special guests to unpack insights surrounding the evolution of retail we’re currently experiencing.

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The post Why Pinterest’s Verified Merchant Program Will Help You Reach New Audiences appeared first on Social Media Week.

http://socialmediaweek.org/blog/2020/03/why-pinterests-verified-merchant-program-will-help-you-reach-new-audiences/

All new rules and opening hours for Tesco, Sainsbury’s, Lidl, Aldi and Asda

Supermarkets across the UK have introduced a number of new rules and opening hours in response to the UK blockade. Supermarkets are only a handful of…

All new rules and opening hours for Tesco, Sainsbury’s, Lidl, Aldi and Asda

Breaking Business News / Coronavirus News

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Coronavirus: Supermarkets limit shoppers as rules tighten

Shops have brought in a host of measures following the introduction of strict new government curbs.

Coronavirus: Supermarkets limit shoppers as rules tighten

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me

Tesco stops sale of skimmed milk and multibuy offers to meet demand for other products

Queues outside a Tesco store in Shropshire (Picture: PA Wire )Tesco will no longer sell skimmed milk and scrap multi-pack offers to allow suppliers …

Tesco stops sale of skimmed milk and multibuy offers to meet demand for other products

Business and Sports News from Mike Armstrong – See http://mikearmstrong.me