Pinterest is making a significant play in the influencer marketing space with the launch of the “Pin Collective,” a curated group of top creators aimed at connecting brands with the right influencers. Complemented by their existing “Pin Factory” and the absence of a minimum ad budget, Pinterest is positioning itself as a versatile platform for marketers. While 2017 promises increased investment in influencer marketing, whether Pinterest will emerge as the preferred platform remains to be seen.
Published On: November 25, 2016
Creating an influencer marketplace, connecting brands to the right kind of influencers can be a make or break task for social media platforms.
Throwing their hats into the ring are Pinterest. Last month Pinterest launched, the “Pin Collective”- a group of expert Pinterest creators. The aim of this new branch is to connect brands with the top content creators on Pinterest.
This adds to last year’s offering where Pinterest created the “Pin Factory” an in-house studio which helps brands source influencers, scope out concepts and create ads on the platform. Over the past year it has been reported that over 600 brands have utilised the Factory. This combined with the Pin Collective outlines that for Pinterest, influencer marketing will be key to their offering over the next couple of years and creating a marketplace that works for both influencer and brand is key.
As well as this, on Pinterest, unlike many other social media platforms, there is no minimum ad budget required. With this Pinterest is aiming to encourage marketers to pick it as the platform to experiment it’s influencer marketing activities on. This combined with the fact that unlike many inbound platforms (Instagram, SnapChat) Pinterest also allows outbound links and direct traffic, means that it’s offering will increasingly look very appealing to marketers.
This year, 59% of marketers increased their influencer marketing budget and demand for the art is only set to increase in 2017. By creating all these tools Pinterest is prioritising marketeers by giving them the ability to easily experiment and find the right type of influencers for them. That said, whether Pinterest becomes the go-to destination for influencer marketing is yet to be decided.
Keep informed with the latest trends, reports, and case studies from the world of influencer marketing.
Both influencer marketing and traditional advertising can achieve broad reach and foster trust—yet they do so with different strengths and challenges. Influencer marketing builds trust through personal, authentic endorsements that resonate with targeted audiences, often leading to higher engagement and a sense of community. Traditional advertising, on the other hand, leverages the credibility of established platforms and can quickly raise brand awareness across a wide audience.
Stay up to date with the latest industry trends and topics
Discover how WeArisma can help you harness the power in influence, grow your brand’s presence, and achieve measurable success.
WeArisma is a specialist in precision earned media and influencer marketing trusted by leading brands and agencies globally. We leverage cutting-edge AI and unparalleled global data and insights to predict creative strategies that drive brand influence, grow communities, and optimize business results—removing guesswork, reducing risk, and ultimately driving real business growth.
