Tips on Monetizing Pinterest with Luvocracy

Just in time for Valentine's Day we have something you'll really love, Luvocracy

There are often questions on how to monetize Pinterest and how to generate the most income from this burgeoning social media platform.  Once you have signed up for Pinterest Analytics and have your boards search ready, organized in a way that is meaningful for your customers and have created pins that cause viewers to pin and visit your site thereby indirectly monetizing Pinterest you are ready to directly monetize Pinterest with Luvocracy. Luvocracy hasn’t been around very long but these common sense tips on monetizing with Luvocracy could help you squeeze extra income from Pinterest. 

How does Luvocracy Monetize Pinterest

Luvocracy is basically  a personal shopping site where tastemakers  ( that would be you) select items for sale from across the web and add them to your wall.  In this way Luvocracy is very much like Pinterest in that you find Items you love ( or fit with the theme of your blog) and collect them in one location.  You can create categories, just like pinterest boards, where like items will be grouped together.  Unlike Pinterest, Luvocracy compensates you when someone purchases an item you recommended.  The Compensation rate can vary from 2-10% .
What makes this concept even more interesting is that your readers will inevitably sign up for Luvocracy themselves, and recommend products to their friends who will invariably buy them.  You’ll also earn income on this as well.  Pinterest does NOT currently strip affiliate data from Luvocracy pins ( probably due to the structure of the link) , so unlike Amazon’s affiliate program you can directly PIN from your Luvocracy page to Pinterest and keep your affiliate information.

How to Monetize Pinterest with Luvocracy

Monetizing Pinterest with Luvocracy is actually simple.  First create categories that coincide with your successful Pinterest boards. Add Items that make sense for that category .  For example if you have a recipe blog you might consider making boards for  Kitchen Tools, Spices, Gourmet Foods etc..Be sure the image associated with the item is attractive.  Just like Pinterest the looks of your PIns or Luvocracy recommendations matter.
Keep your suggestions reasonably priced.  You can always create a special board for those astronomically priced items.  However, if you routinely promote items that are not affordable then people will tune you out.

Keep your Pinterest Boards and your Luvocracy categories similar .  Remember you are mostly targeting your Pinterest and website followers.  Putting a lot of out of left field boards will just confuse your followers. Take into account who your audience is via your analytics and recommend accordingly.

Remember that just like any program Luvocracy will have to be promoted to your followers on your blog Twitter , Facebook, Stumbleupon and other Social Media.  Fortunately Luvocracy has tools to help with that promotion and a high value $10 coupon to encourage sign ups.  When you find something interesting to your audience be sure to LUV it then pin .  You can share your Pin and be compensated twice with an increase in Pinterest followers and, if they buy, a commission from Luvocracy.

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