Placenta smoothies can be a great option for the first 48 hours postpartum. They can give an infusion of energy and vitality to the new mother. After 48 hours postpartum, it is best, according to Traditional Chinese Medicine, to consume the placenta is encapsulated form.
Please see previous post about the Raw vs. Traditional methods of encapsulating here:
To make a placenta smoothie, save a small chunk (about 2" to 3" in diameter). It should be placed in a blender with the other ingredients you wish to use. You can use virtually any other ingredients you wish, there are no right and wrong ways to make a placenta smoothie. Many women prefer fruit, and if you use strawberries, it will mask the color of the placenta (if so much red makes you feel a little squeamish). Blend until smooth and enjoy immediately.
It is good to be aware that having the smoothie will provide immediate benefits, however, it will also decrease the amount of capsules available in the postpartum weeks. In my experience, it decreases the capsules by about 20-25 capsules. That is about 1/5 of the capsules a typical full term placenta yields.