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This is an accepted version of this page This is the latest accepted revision, reviewed on 18 September 2024. American social media platform Pinterest, Inc. Logo used since 2017 Screenshot The default page shown to logged-out users (the background montage images are variable) Type of business Public Type of site Social media service Traded as NYSE: PINS (Class A) Russell 1000 component Founded ...
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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
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Pinterest also notes that there are now 60 million Buyable Pins on the site. [76] [77] [78] 2015: November 8: Product: Pinterest begins rolling out a visual search tool that allows users to select part of an image and find similar Pins. [79] [80] 2015: December: Product: Pinterest launches a new way for users to monitor price drops on buyable pins.
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