Pinterest is moving ahead with the next expansion of its ad business, with brands in Mexico now able to launch paid promotions via Pin.
The announcement marks Pinterest’s latest expansion through Latin America, which began with the launch of Pinterest ads in Brazil last month. Pinterest says that it currently serves more than 23 million monthly active Mexican users.
Pinterest’s Managing Director for Latin America André Loureiro shared this statement:
“Brands play a fundamental role in the platform, making it easier for users to find the inspiration to create the life they love, and we are very excited that now they can do so through ads in Mexico”
Pinterest has seen significant expansion in international markets of late, with the platform’s active audience outside the US growing by 37% year-over-year throughout 2020, in contrast to 9% growth of its North American audience.
In Mexico specifically, Pinterest still has a way to go to gain significant market traction, coming in at seventh on the top social media apps listing. But it is seeing increased engagement, particularly in regards to search activity. According to Pinterest, on-platform searches by Mexican users rose by 93% year-over-year throughout 2020.
That could open up a range of new marketing opportunities, while the broader expansion of its ad offerings will also help Pinterest boost its business and revenue programs, and maximize its earnings potential.
As noted, the announcement marks the next stage of Pinterest’s Latin American expansion, with Argentina, Colombia and Chile next in line to get access to promoted Pins. Pinterest has seen particularly strong growth in the latter two regions, and its expanded ad offerings will also open up new options for brands looking to reach these markets.
Pinterest is projecting significant growth in earnings in 2021, though it has warned of slowing usage increases as we move beyond the pandemic mitigation efforts.
Ahead of World Cup, influencer ‘Mr Q’ lifts veil on Qatar
Khalifa Al Haroon, known to his followers as Mr Q, has become a social media hit by partially lifting the veil on World Cup host Qatar – Copyright AFP KARIM JAAFAR
At a time when prickly questions are being asked about Qatar and its hosting of the World Cup, Khalifa Al Haroon offers a smile, a sigh and a shrug as he seeks to explain its mysteries.
Known to his growing number of followers as Mr Q, the 38-year-old has become a social media hit by partially lifting the veil over the tiny but mega-rich Gulf state that describes itself as a “conservative” Islamic country.
The first World Cup in an Arab nation has put a spotlight on Qatar’s treatment of foreign workers, gender rights and even the use of air conditioning in stadiums.
Haroon’s cheerful #QTip videos broach everything from saying “Hello” in Arabic to the right way for men to wear the flowing ghutra headdress. There is also an edition on labour rights.
With less than 60 days to the November 20 start of the tournament, he now has more than 100,000 followers on Instagram and more than 115,000 on YouTube. And the numbers keep growing.
Qatar has dozens of online influencers on topics ranging from “modest” but expensive fashion, to the latest sports car being imported into what is now one of the world’s wealthiest nations.
Haroon carved out his niche by elucidating Qatar’s unknowns to its growing expat community — and now the hordes of football fans expected for the World Cup.
Haroon — who was born to a Qatari father and British mother and spent 16 years in Bahrain — said he was first confronted by global stereotypes about Qatar and the Middle East while studying for a law degree in Britain.
He had wanted to become an actor, but instead launched his social media presence in 2008 with a blog.
“I was in the perfect position because I was a Qatari who has never lived properly in Qatar,” he said.
– ‘Trust your own eyes’ –
“In essence, I was like a foreigner in my own country and so I had the same questions that foreigners did, and so it just made it easy for me to start putting together information.”
Haroon said there has to be a distinction between “negative news” and misinformation about his country.
“When it comes to fake news, obviously, I think everybody understands that it’s not true and so the only thing that I could do is show people videos and pictures and show them what we’re really like because you can trust your own eyes.”
Some people, he said, have told him they decided to move to Qatar after watching his videos.
Haroon, who is now a consultant to the Qatar Football Association and an eSports entrepreneur, said he is excited about the World Cup “because people can now come here and experience it for themselves and make their own judgements instead of just believing what’s written”.
His main grouse is how outsiders see something negative about Qatar and then believe that all Qataris “accept it or we all agree with it”.
Many supporters of the 31 foreign countries who will play in Qatar have raised concerns, however, about the welcome awaiting them. Can they drink? And what will happen to same-sex couples in a country where homosexuality is illegal?
The government has insisted that beer, normally restricted, will be available and that everyone is welcome. Haroon wants outsiders to experience “real Qatari hospitality”, with its food and coffee culture.
“Of course there are going to be certain social norms,” said Haroon. “What we are asking for is just respect the country. And of course the country will definitely be respecting everyone that comes.”
“Some people might make mistakes because they don’t know what the rules are and that’s OK,” he added.
“The point is our culture is all about intention, our religion is about intention, so as long as you have good intentions and you want to do the right thing, you have nothing to worry about.”
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