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> But how do they make money without these measures? By inserting ads every few posts in the feeds, letting users pay for bonus features and letting users pay
by boomlinde 4y ago
> But how do they make money without these measures?
By inserting ads every few posts in the feeds, letting users pay for bonus features and letting users pay for bonus features for others as a show of approval.
People don't generally go to Reddit to read one single thing that was linked from another site, so the kind of "engagement" platforms like Medium are struggling to achieve through incessant nagging happens a little more naturally. It doesn't have to dedicate a third of the screen area to links and thumbnails of totally unrelated articles, because I'm already in e.g. /r/StarWars where people voluntarily organize exactly what I was interested in reading about when I went there.
You also don't have to be as wary of the hustle because unlike Medium, as there's really no straight forward way to make money off of "engagement" with your Reddit posts and replies. You aren't there arguing about some detail in Star Trek TNG S03E14 with /u/dickmonger in order to boost your LinkedIn profile either. Even at its worst—a bunch of idiots dropping vulgar and/or trite oneliners in response to some banal news article experienced entirely through the headline because the article itself is paywalled—it has a sense of honesty and realness that you don't get when people are deliberately trying to culture profitable personas and turning every semblance of original thought into revenue streams.
> Also Reddit has never been a huge moneymaker,
Is Medium? I don't know that either of these companies make their profit public, but I have a hard time believing that Reddit performs worse than Medium. As someone who ends up reading an article here and there on Medium very occasionally, the changes I see between the visits tell of a company desperately struggling to keep investors happy.
- wkat4242 4y ago> Even at its worst—a bunch of idiots dropping vulgar and/or trite oneliners in response to some banal news article experienced entirely through the headline because the article itself is paywalled A lot of communities are not like this though. There's a lot of good ones too.