More details about Pinterest's Buy Button: <a href="http://techcrunch.com/2015/06/02/pinterest-unveils-buyable-pins-a-way-to-purchase-things-directly-from-pinterest/" rel="nofollow">http://techcrunch.com/2015/06/02/pinterest-unveils-buyable-p...</a><p><i>"There is no fee for buyers and merchants .. Users can pay with a credit card or with Apple Pay."</i><p>Yesterday's article: <a href="http://techcrunch.com/2015/06/01/pinterest-buy-button/" rel="nofollow">http://techcrunch.com/2015/06/01/pinterest-buy-button/</a><p><i>"big brands pass [Pinterest] pieces of data such as price that are shown on their Pins of products which they hope users will repin ... partners could soon push more data into the API, which could “enable pretty sophisticated experiences” like multi-product Buy buttons ..<p>.. With a single tap, you could buy all [recipe] ingredients at once, have them delivered, and start cooking what you discovered on Pinterest 45 minutes later ... you could find a lamp on Pinterest and instantly add it to your Amazon Wish List thanks to a “Wish List” button powered by data Amazon sends to the Pinterest API.</i>"
Between stuff like this and the juggernaught that is Amazon, it's hard for me to see how traditional retailers are going to survive outside of certain small niche markets.
I'm surprised there isn't more talk about how Pinterest stopped allowing any links with affiliate codes and started treating anyone that used them like a spammer.<p>This new integration is cool, it's what they need, but the attack on people using affiliate links is pretty lame.
Any more info beside "enter your email" about how this will work?<p>Especially how delivery information is collected? How are refunds handled? how is product information displayed (i am dubious that people would buy anything by just looking at a picture)?
If the "buy" button takes the user to sellers' whatever e-commerce solution then it is a win..and I dont mind giving % to a pinner. We use Shopify for our products and Shopify is also powered by Stripe.
Etsy moves to buy Pinterest in the next week. This would seriously undercut their market.<p>Though how will this handle people pinning other people's products? Does the pinner get a cut if someone buys someone else's product through their pin? How do you verify legitimate retailers?