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The company did say it won't charge any of the initial testers,
since the stated intent is to test the product. Their pins will
show up in search results and category feeds that surface trending
pins about topics like "health and fitness" and "home decor," but
not in users' streams at this stage.
The post also took care to emphasize that ads will be "tasteful"
and not disruptive to the site's user experience. In light of the
high population
of ex-Facebookers who work at Pinterest, the desire to make
that point clear makes sense. However, Pinterest may be less
vulnerable to the perception that it's become too commercial, since
many of its users already visit the site with commercial intent,
looking for wedding dresses or tablecloths they eventually intend
to buy.
"I know some of you may be thinking, 'Oh great...here come the
banner ads,'" Mr. Silbermann wrote. "But we're determined to not
let that happen."
The announcement that Pinterest is developing ads may surprise
some users but won't shock anyone who's kept an eye on the
company's product and hiring moves. In May, it introduced "rich
pins," which let brands automatically attach information like
pricing and availability to content pinned from their sites and
presumably make Pinterest an even more alluring marketing channel
to retailers. And in June it hired John Yi to run partnerships with
marketing developers; Mr. Yi had held a similar role at Facebook
and worked closely with the companies that sell Facebook ads via
its API.
Even without formal ad products, Pinterest has been popular with
brands since it exploded in popularity in late 2011. Publishers, in
particular,
were among the first to rush to the service. Retailers are
another avid category. J. Crew last month debuted its fall
line on its Pinterest page before revealing the same line in
printed catalogs. And Nordstrom is drawing attention
to its most frequently pinned items in some stores by marking
them with a "P" logo.
Pinterest currently doesn't generate any revenue, though it
once tested
affiliate links. It partnered with a company called Skimlinks,
which identifies links to e-commerce sites with affiliate programs
and then shares revenue passed on from completed purchases with the
traffic referrers.