Comment on Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
ferralcat@monyet.cc 10 months agoLots of companies spend more on ads than they make. It’s a growth strategy.
Comment on Reddit Falls Short of Ad Growth Targets Ahead of Likely 2024 IPO
ferralcat@monyet.cc 10 months agoLots of companies spend more on ads than they make. It’s a growth strategy.
jaschen@lemmynsfw.com 10 months ago
Ya, the ROIs are terrible and when we stop our spend on reddit, our sales don’t decrease when we cut spend. At least for enterprise level SaaS products, it’s basically a donation to their company with no gains.