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Re:Y Combinator Top Companies List 2019 by cm2012 on Wednesday October 02, 2019 @11:33AM (#21137549)
Reddit traffic converts much worse than FB traffic for advertisers at scale. This is because besides certain subreddits (which are very low scale relatively) the targeting is very weak. Unlike on FB where you can profitably target all sorts of sub groups.
Re:Y Combinator Top Companies List 2019 by tuvan on Wednesday October 02, 2019 @11:55AM (#21137829)
How so? Reddits whole thing is having subreddits for relatively small communities formed of people that have a very specific interest. ie. what better platform is there for a pencil company to advertise than /r/calligraphy
Re:Y Combinator Top Companies List 2019 by mitchdoogle on Wednesday October 02, 2019 @12:30PM (#21138283)
A clever company or marketing agency can just disguise advertisements as genuine posts. If I'm a pencil company, I'll just create my own username and visit those subreddits on the downlow and casually mention my products. There's no need to ever pay Reddit.
Re:Y Combinator Top Companies List 2019 by pmorais on Wednesday October 02, 2019 @04:53PM (#21140630)
You realize you have to pay an employee to do that right? Odds are it’s still more cost effective to just buy ads.
Re:Y Combinator Top Companies List 2019 by Phillipharryt on Wednesday October 02, 2019 @05:11PM (#21140777)
"Organic" advertising though, the current big thing. It's the word-of-mouth from internet strangers. Supposedly converts better.
Re:Y Combinator Top Companies List 2019 by xxxtentachyon on Wednesday October 02, 2019 @06:23PM (#21141412)
How do you go about trying to track the conversion rate on organic advertising-cum-Reddit post? It seems like it'd be impossible without the consent of Reddit.
Re:Y Combinator Top Companies List 2019 by Phillipharryt on Wednesday October 02, 2019 @07:45PM (#21142007)
You would use different metrics. It costs nothing to make the post so you can just pump them out, you don't need to use impressions as a metric anymore because you're not paying for impressions. Instead you get good at curating titles, images and articles that gain traction on the site. This isn't a wild idea, it's all over the reddit frontpage every day.
Re:Y Combinator Top Companies List 2019 by mitchdoogle on Thursday October 03, 2019 @05:18PM (#21152327)
I don't understand the meaning of saying an employee is paid to do that. You might also pay a marketing agency to do it. The point is, Reddit doesn't get paid. As someone who uses Reddit everyday, I never see their ads, but I do notice posts that mention specific brands, websites, companies, etc.
Re:Y Combinator Top Companies List 2019 by jypepin on Wednesday October 02, 2019 @03:48PM (#21140106)
the same can be said for instagram. it's called social media presence and it different than advertising.
Re:Y Combinator Top Companies List 2019 by wh0knows on Wednesday October 02, 2019 @04:56PM (#21140662)
On Instagram the poster matters, on Reddit the poster does not. This means it's completely different. A random made-up user on Instagram will have no audience, a random made-up user on Reddit will. Additionally, Instagram has an opportunity to form a relationship with the popular users and can control their accounts in specific if it wishes.
Re:Y Combinator Top Companies List 2019 by dominotw on Wednesday October 02, 2019 @12:12PM (#21138048)
> what better platform is there for a pencil company to advertise than /r/calligraphy

aren't only hardcore pencil users are on /r/calligraphy and weak targets for persuasion via advertising.

I would rather target dabblers not hardcore users who already know which pencil is the best.

Re:Y Combinator Top Companies List 2019 by cm2012 on Wednesday October 02, 2019 @01:22PM (#21138759)
The issue is the audience for calligraphy and every other niche subreddit is tiiiny if you're a serious advertiser.
Re:Y Combinator Top Companies List 2019 by marcinzm on Wednesday October 02, 2019 @07:07PM (#21141743)
Facebook allows you to target anyone who has shown interest in calligraphy and not just those who follow a subreddit. I’ve played with it and Facebook targeting is both disturbingly detailed and disturbingly large in coverage.