Pinterest has introduced a brand new partnership with affiliate procuring platform LTK, which is able to see the best-performing picture posts from LTK mechanically cross-posted to Pinterest as effectively.
LTK (which is acronym for “wish to know”) supplies a platform for influencers to showcase affiliate merchandise, by way of shoppable posts, much like social media updates.
So, actually, it’s fairly much like Pinterest’s listings anyway, although LTK is extra centered on tutorials and demonstration-style clips, in addition to native trend discovery, hosted by a variety of name ambassadors and creators.
The brand new partnership will solely relate to picture posts at current.
As reported by The Verge:
“When an LTK put up is shared to Pinterest, a hyperlink to the influencer’s profile and their tagged merchandise will comply with. The hope, at the very least for content material creators, is that getting pushed to Pinterest’s thousands and thousands of customers will end in extra affiliate earnings.”
LTK presently serves 40 million month-to-month customers, with customers capable of search via merchandise from over one million manufacturers.
Pinterest, in the meantime, is now as much as 570 million month-to-month actives, with the overwhelming majority of these customers coming to the app in a procuring mindset. A lot-removed from its social media roots, Pinterest is now predominantly centered on procuring discovery, which makes this partnership an apparent match.
Although I’m undecided why they don’t simply merge as a substitute. I imply, I perceive that every firm has its personal motivations and technique, however they appear like fairly intently aligned choices, and if Pinterest simply bought LTK and built-in its discovery instruments as a substitute, that will seemingly be a extra logical partnership.
Although additionally a extra expensive one, and this will likely effectively accomplish related strategic targets both approach, enabling LTK to proceed to develop, whereas additionally providing expanded attain to Pinterest’s viewers.
And if it catches on, perhaps the 2 will look to increase their partnership in future.
Pinterest now has variations of direct itemizing partnerships with Amazon, Shopify, and WooCommerce, enabling prospects of those third-party platforms to increase their promotions and profiles to Pinterest as effectively.
LTK provides one other one to the listing, which expands Pinterest’s potential catalog even additional, enhancing its procuring capability.
