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It should be noted that Reddit also loses a large amount of money each year. Reddit has never not lost money. Reddit is not an example of a successful ad solut
by billmalarky 13y ago
It should be noted that Reddit also loses a large amount of money each year. Reddit has never not lost money.
Reddit is not an example of a successful ad solution because their ads are so out of the way and "classy" that they don't even bring in enough revenue to come close to covering their costs.
It still remains to be seen if reddit can ever build a sustainable business.
- MitziMoto 13y agoAs an advertiser, Reddit's problem is their ad platform. It is the most awful thing I have ever had the displeasure of losing money with.
- billmalarky 13y agoTheir other issue, is a userbase that is completely militant against advertising. The only way to successfully advertise on reddit is through guerrilla marketing. Which of course reddit doesn't see a penny of.