Core Insights - Instacart and Pinterest are collaborating to enhance advertising campaigns by utilizing first-party data to connect brands with high-intent audiences [1][2] - The partnership will allow Pinterest ads to become directly shoppable via Instacart, enabling users to purchase products quickly [3][4] Group 1: Partnership Details - The initial phase of the partnership will enable select brands to target Instacart's first-party audience segments based on real-world retail purchase behavior [2] - A future phase will introduce closed-loop measurement to link Pinterest ads to actual product sales across Instacart's marketplace of over 1,800 retailers [2] Group 2: Advertising Capabilities - Brands will be able to leverage Instacart's retail media data to reach Pinterest users at the moment of intent, transforming ads into shoppable experiences [4][5] - This collaboration aims to bridge the gap between inspiration and action for millions of Pinterest users, allowing for quick purchases [4][5] Group 3: Instacart's Ecosystem - Instacart operates with over 7,000 active brands and 1,800 retail partners, simplifying advertising strategies across fragmented retail networks [6] - The Instacart advertising ecosystem includes various platforms where consumers make shopping decisions, enhancing the overall shopping experience [5][6] Group 4: Company Backgrounds - Instacart partners with nearly 100,000 stores across North America, facilitating online shopping, delivery, and pickup services [7] - Pinterest is a visual search and discovery platform with over half a billion monthly active users, focusing on inspiration and shopping [9]
Instacart and Pinterest to Launch New Retail Media Collaboration