Reddit is always hitting itself. Cause if they turn back the changes now, they’ll still have lost the trust of mods and users (it’s too late for it now, we’re past that point)
Yeo, sunken cost fallacy.
This is embarrassing.
What a weak revenue stream. Imagine being a business, investing in a subreddit, only for the subreddit to be inundated by bots.
Reddit is going the way of Twitter and it’s astounding to watch.
Reddit post reading limit, when?
When the surviving 3rd party app users hit their limit for API calls you will absolutely get this message and probably an option to upgrade for $$$ too.
The Narhwal dev said this is how he’s approaching it. You get so many calls with a subscription and then have to top off with more if you hit it. So Prepaid mobile plans are coming to your favorite 3rd party apps for a website that’s free! People are desperate to give Reddit money even after all this.
Lol so spez found a (short term) way to get mods to not just work for free, but to pay him for the privilege of becoming his slaves! Truly genius.
Holy ducking shit! So you’re not just paying a sub to use Reddit, you’re paying rate limit charges as well?
Having tried to use Reddit advertising for business (a national company), it really wasn’t very good. They had very poor targeting and algorithms.
I took a pitch from a Reddit ad sales rep in May, and he admitted to not really using the site.
I have a family member that runs their company digital advertising strategy. Said the same thing… and that it was hard to track conversions. They ended up pulling their ads.
I work in the digital advertising industry…reddit is pushing hard to grow it’s advertising business and are being helped by major players in the industry.
I’ve been tracking it for a while, because I know it was foreshadowing the decline of reddit as I knew it
Plus they have this unique position of being able to serve niche ads right in the place where that niche happens. You don’t really need to be a genius to make that work, even if you have shit algorithms, the targetting is done for free by just selecting the right subreddits. It is one of the rare places where actually useful advertising could happen, that’s a market that’s currently being served by nobody.
Yup. That was our experience too! My boss and I were both Redditors and we thought it would be cool.
Narrator: It wasn’t.
Reddit has attempted, multiple times, to reach out to Andrew Tate to partner with him on advertisements, including twice while he was imprisoned.
I know this because their numbskull marketing folks can’t proofread the email address they’re sending outreach to, and I received the outreach emails as a result. Thanks, Reddit!
Can you post them? Name and shame.
You need to leak those emails, screw Reddit and u/spez.
Oof. That’s disgusting. Another reason to feel good moving here
Given how they screwed up new.reddit and can’t make a decent app, this doesn’t surprise me.
A quote that always stuck with me was: “‘Your ad here’ signs are proof that the ad spot doesn’t work well, otherwise someone would have put their ad there.”
Somehow your comment reminded me of
C’mon now.
No reason to get personal
https://upload.wikimedia.org/wikipedia/commons/3/3d/Caution_Last_Burgerville_for_24,800_Miles.jpg
On that note, how do you post images inline?
is how I’ve been doing it.Testing yours:
Hope that helps.
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We should all club together and get some ads for the fediverse on there.
The best ad I saw for Reddit (back before the grand Digg migration) was one day, everyone agreed to stop posting direct links to articles and instead post the links to the Reddit discussions for said articles.
Suddenly, one day, the entire Digg feed was links to Reddit.
We should do the same thing (on say 8/1) to give time for the different federated instances to get accustomed to the higher traffic, more activity on the feed, and more people to welcome the future Reddit refuges, just like Redditors once welcomed us during the Digg 4.0 exodus.
It would be funny and I’d love to see it but you KNOW spez and his butthurt bootlicking simps are petty enough to block/ban any link that goes to any address that’s associated with a Lemmy instance AND instantly “permanently suspend” any account that participates.
Reddit admins even ejected their favorite agitator powermod, u/awkwardthepanda, for posting a John Oliver picture.
They are truly prepared to burn every bridge.
…
But maybe that’s the point. Maybe they should be FORCED to burn every bridge and annihilate themselves in the inferno.
Streisand effect. It would just increase the Lemmy advertisement.
Links could be shortened and wouldn’t show it points to Lemmy.
And give money to Reddit? Hell no. Let’s see how much time they take to refill those ad slots by themselves.
Honestly? If it’s a way to siphon users away from Reddit and towards Lemmy, we all need to look at this sort of thing as an investment. Sure, it gives Reddit some cash up front… but it also siphons away their primary value proposition to advertisers: the user base.
Running subreddit-specific ads pushing lemmy/fediverse-hosted alternative for a couple months will do WONDERS in the long term.
And yes, it’s distasteful to give Steve money, but at the same time, giving him a comparatively small amount of cash now will ultimately end up taking a far, FAR more significant amount of money away from him later, in the form of audience count he can offer to his advertisers.
I don’t know, I really don’t believe ads can do that much wonders. I mean, apparently they do because otherwise we wouldn’t have the whole internet plastered with them, but I personally don’t think I’ve ever actually clicked on an ad in my entire life.
Well you see, people like you and me, who are borderline obsessive about our refusal to interact - or even be presented - with ads, are unfortunately very definitely outliers in terms of user archetypes on the modern internet.
Most sources I’ve seen claim that 42% of internet users use Adblockers, and the percentage obviously goes up as the age goes down. Considering the average Reddit user’s age, the adblocking users might as well be the majority, so if you count in the people who don’t block them but don’t click on them either I don’t think it’s going to make that much of an impact.
And honestly I’m not even that obsessive about my ad experience, it’s more that they rarely have anything I would be remotely interested about.
I’m in. Anyone got a catchy idea?
What’s wrong with a good old fashioned “fuck spez”?
It would be funny to buy an ad that said that if it didn’t involve giving him money
*fuck u/spez
Pronouncing the u just makes it better
- Tired of ads like this? Try Lemmy!
- If you were federated, you’d be home now.
- Reddit wants to show you ads.
- Consume. Or federate.
Hmm. So how about: “Tired of ads? Reddit wants to show them to you. Come to Lemmy, we are friendly and you are welcome!” I am willing to commit 100 euro if anyone can make that happen.
You forgot to mention that Lemmy has cookies. Reddit only has stale, decade-old bread.
If you’re talking about tracking cookies, I’m sure Reddit has plenty of them.
Dude, don’t waste money on that. Wanna help? Donate it to your instance 😉.
I’ll do it if we get enough people to pitch in.
Number 2 is a work of art, bravo
Thanks! I don’t have the energy to but an ad, but I hereby grant these words to anyone to use for that purpose.
“Barbie”, only in theaters July 21st.
Maybe something like, “Your ad could be here or if you’re sick to the back fucking teeth of ads you should come to lemmy”
Is there anything stopping an instance from adding in their own ads?
Choice. If an instance starts adding in ads, people will move to another instance. If they find a way to be invasive enough to be seen by users in other instances, they would probably be defederated.
Or they accept it as a way to pay for that instance. The servers aren’t free at the end of the day.
I’d have no issue with paying a small fee to have no ads tbh.
The choice is the thing, I think. It’s what made the whole Reddit thing a bit bizarre for me. Like they could’ve just passed the ads through the API and used personal API keys in 3rd party apps. Those content to take the ads take them and those who prefer to pay a fee can do so.
“We need to pay for this shit, it’s up to you how we do it” is a much easier sell IMO than “you’ll use our app and you’ll fucking like it”
The choice is the thing, I think. It’s what made the whole Reddit thing a bit bizarre for me. Like they could’ve just passed the ads through the API and used personal API keys in 3rd party apps. Those content to take the ads take them and those who prefer to pay a fee can do so.
“We need to pay for this shit, it’s up to you how we do it” is a much easier sell IMO than “you’ll use our app and you’ll fucking like it”
To a non profit or volunteer org, sure. To make spez rich, I’ll pass.
Perhaps, but I think the nature of Lemmy discourages the brute force aggressive ads that you can see elsewhere.
Compatibility of the ads with other software.
Choice. If an instance starts adding in ads, people will move to another instance. If they find a way to be invasive enough to be seen by users in other instances, they would probably be defederated.
Am I wrong in thinking this is sad as hell? Like seeing an old faded billboard with the same “your ad here!” text that’s been there for ages.
Sad, but I ain’t mad. This is the bed that Wish.com “Elon” made for Reddit
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Great Value Elon!
Elon: 4 letters
Spez: 4 letters
Coincidence?
…
Almost definitely but still I love how comparing someone to Elon has become an insult so I’m having a good time anyway :3
It’s really sad for me to see a social media platform like reddit crumble. I spent years there.
I spent more time at Reddit then I did in the K-12 education system. I have a lot of good memories and learned a lot from both, but I have no desire to return to either.
I worked there once upon a time. This whole thing has felt like seeing an old friend succumb to addiction and wind up derelict.
That’s exactly what I said elsewhere in the thread. This is billboard company behavior.
It’s sad, but hard to feel bad for doing it to himself.
It’s like meeting your ex who has now become a homeless meth-addict.
I will never feel sorry for advertisers or the people who work with them.
:^)
What is it supposed to mean?
It means “Yes, that is the correct question to ask. Really think it through because we don’t have an answer for you.”
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For a second I thought there’s an ad on Lemmy and that made me so confused lol
I wonder if advertisers have been leaving Reddit and if so, how many? I’ve honestly never seen a social media website/company ask for advertisers like this tbh.
I’m not a lot on social media to begin with, so I’m not sure.
I don’t see social media companies do this, I see billboard companies do this. On billboards that stay “please advertise on our billboard” for years.
There’s a difference though as a billboard is a physical spot that they are actively losing money on when not filled vs a random spot in your feed.
It’s still a spot that could be used by an actual ad. Of course, they have millions of those spots
Well few days ago their valuation by I think Fidelity got cut from 10b to 5.5b. That should tell you something
Major woof if true. u/spez is a true big brain business man.
That was before the whole clown show. The valuation cut was dated May 31st
Even better.
Steve Huffman just following the footsteps of Elon Musk, during a recent interview Spez said he liked what Musk was doing with Twitter.
Twitter has lost 59% of their advertisement sales since Musk bought it.[1](https://www.nytimes.com/2023/06/05/technology/twitter-ad-sales-musk.html)
[1] ↩︎
When Musk said he wanted twitter to be the town square he was clearly meaning a medieval town square with people throwing their chamber pots out the windows and the streets running with effluent and the wells tainted with cholera.
Yay Poppin!
PoppinKREAM!!! In the fediverse!! Oh hell yeah!
I need context lol, who’s Poppincream?
Reddit User who would show up with cited sources debunking bullshit other people would ardently defend in lieu of educating themselves.
The cut was multi-staged and started middle of last year. The most recent cut was relatively small (10-15% iirc). As others have pointed out, that reduction doors not take into account the recent self-inflicted wounds.
It’s down almost 50% since they bought in in 2021 lmao
I’ve heard unsubstantiated claims that traffic to the advertiser portal has dropped ~40% since the protests started
I personally reached out to about a dozen advertisers, urging them to reconsider their marketing efforts on Reddit. After privatizing the subreddit I had moderated for 12 years, it seemed like the next logical step.
You’re a good man, Charlie Brown.
Damn that’s commitment, I respect the effort
This kind of actions give hope, and their impact shouldn’t be underestimated! Writing a personal message is one of those things that trigger the ‘authenticity’ all these marketeers have been conditioned to chase (and by chasing it can’t ever hope to hit)!
First post, good vibes!
That’s brilliant, props to you!
Great idea! I haven’t seen any others mentioning this in all the protest discussions I saw. Hopefully others did similarly, that seems like something that could really help.
Why advertise on reddit?
Yes.
And they wonder why they don’t have any advertiser support…
Get out, get out!
I keep seeing this ad on Facebook. I don’t even buy ads. They must be desperate.
Yesn’t
They really thought that meme was appropriate.
But here it is, being posted, so maybe it worked?
Sure more people know about it. Does it make people do what they want? That’s another question.
God this sucks…
