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He also presents his math, related to cost per user in terms of revenue and reddits proposed API cost is 20x average reveneue per user in any similar business m
by Arkhaine_kupo 3y ago
He also presents his math, related to cost per user in terms of revenue and reddits proposed API cost is 20x average reveneue per user in any similar business model plan.
Now I get not every platform users spend the same, and notoriously Apple users can be charged more (see doordash and uber being caught with charging more to those users). I however doubt that reddit users, notoriously hard to monetise, are somehow 20x more valuable than any other user in any other social media that is ad revenue based...
Whether you believe the apollo cretaor on his imgur pricing, or you beieve him or not on any other part of his post. The numbers very much point towards malicious pricing. And they are, in so far as they are presented, indefensible.
- riku_iki 3y ago> He also presents his math, related to cost per user in terms of revenue and reddits proposed API cost is 20x average reveneue per user in any similar business model plan. he gets traffic and potential Ads views from reddit, and can't monetize it well enough. Sounds also not like reddit's problem. > The numbers very much point towards malicious pricing. And they are, in so far as they are presented, indefensible. this is pure handwaving without any supporting evidence. Counter-example has been provided: imgur charges similar price on standard plans.
- Arkhaine_kupo 3y agoReddit makes 12c per user per month and are asking for about 2.5$ per user per month for 3rd parties. > Counter-example has been provided: imgur charges similar price on standard plans. Imgur presents 1/4 of the price for a more expensive hosting option. Even if you refuse to ignore his own quoted price, Reddit still comes off insanely overpriced.
- riku_iki 3y ago> Reddit makes 12c per user per month and are asking for about 2.5$ per user per month for 3rd parties. How did you arrive to 12c and $2.5? Also, is it expensive? Okta for example charges $2 just for sign in: https://www.okta.com/pricing/ https://www.okta.com/pricing/ > more expensive hosting option. this is again your speculations without any evidence. Reddit is much more complicated product with img and video hosting.
- Arkhaine_kupo 3y ago> How did you arrive to 12c and $2.5? You could just read the link of what was sent to you, idk might help with having an actual conversation. here is the relevant text. > the average Apollo user uses 344 requests per day, which would cost $2.50 per month > https://www.cnbc.com/2019/02/11/reddit-users-are-the-least-valuable-of-any-social-network.html https://www.cnbc.com/2019/02/11/reddit-users-are-the-least-v... > So at generous estimates of $600M and 430M monthly active users, that's $1.40 per user per year, or $0.12 monthly. These own numbers they've given are also seemingly inline with industry estimates as well In other words the expected price for reddit per user is 12 cents but their pricing model for APIs is retaliatory at 20x that price. > Also, is it expensive? Charging 20x what you make yourself, and again 4 times more than a similar offering? > Reddit is much more complicated product with img and video hosting. No it fucking isn't. 90% of reddit is text by volume and most of it is super short tokens too. Reddit is so uncomplicated you can make it a 1st year uni proyect to make a backend and front end with nested comments and a text post saved in a db. it is so uncomplicated most of its work behind the scenes for the apst 6 years has been on monetisation, such as the new ads, the nfts, the reddit premium, the reddit awards etc. thats where all dev time has gone, because the actual website itself is uncomplicated
- riku_iki 3y ago> the average Apollo user uses 344 requests per day, which would cost $2.50 per month I think you comparing very different users: power users with 344 reqs per day, many of who are moderator, and some monthly user who visited reddit once a month. Internet says reddit has 50m daily users, I think you should compare that number. Also, for 344 reqs we would need to trust apollo dev words, which I don't from obvious reasons. > No it fucking isn't. sorry, dont want to comment your unsupported claims anymore.
- nemothekid 3y ago>Also, for 344 reqs we would need to trust apollo dev words, which I don't from obvious reasons. That number was corroborated by Reddit themselves.[1] There is no reason to assume malice on the side of Apollo. Regardless, $2/user is still a ridiculous ask for a social media site. That is $24/year/user. If you divide Facebook's entire expenditure for 2022 (where they pissed away billions on metaverse), and divide that by their MAU, you get a cost of $21/year/user. You really think Reddit's cost per user is higher than Facebook+Instagram+Whatsapp+Metaverse combined? The number just isn't realistic. [1] https://old.reddit.com/r/modnews/comments/13wshdp/api_update_continued_access_to_our_api_for/jmddl3u/ https://old.reddit.com/r/modnews/comments/13wshdp/api_update...