That was scary. Thought Lemmy had ads already!!
this post was submitted on 02 Jul 2023
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I’m fine with ads. It costs money to run servers and build out the platform.
I’m not fine with the absolutely sleezy way spez handled the api changes and the ridiculous price. Utterly disrespectful to the mods, third party app devs, and Reddit users.
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I though I've had left.. and then spez tracked me down. Scary stuff indeed.
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Step 1: Announce very unpopular changes Step 2: Ignore backlash, go through with the plan Step 3: Predictably, lose users and advertisers Step 4: ???? Step 5: Why advertise on reddit?
Them: yes
Lemmy users: No
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Lol would love to see Lemmy ads on Reddit
NGL the random Sync for Lemmy that landed on my front page might as well have been an ad for Lemmy. I don't even use Sync but it led me here.
Ah nice it’s already happening then, welcome aboard!
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Lol you know a website is running out of advertisement because they start promote their own website 😂 lol
It's like that billboard in the middle of nowhere that ISN'T advertising lions den or pecan shops. Nobody is advertising here because nobody knows it exists!
I logged in to reddit on my computer the day after rif went dark, and there were noticeably fewer posts on the front page. I think only 8 or so posts were above 10k upvotes. I wouldn't be surprised if advertisers are pulling their ads in response.
I wvisited to see what it's like, but I didn't log in. Pretty boring place, mostly links from like, CNN, The Guardian, etc. Different subs trending, often with very boring political opinion stuff and sports.
Advertisers may not notice a difference, sad to say. The people wso stayed are exactly the people they want.
I've been wondering what is like over there, I hope it's apocalyptic
Honestly? As another user noted, it's just boring. Not nearly as much is getting posted, and the comments are reminiscent of the days when we'd scramble to write "FIRST" in the comment section. It doesn't feel conversational, if that makes sense. Like people are talking at each other, not with them. Also lots of "lol nothing changed, why was everyone making such a big deal?" But then the front page is mostly politics, shitposting, and recycled ask reddit questions. Not a monumental change, but definitely lower in quality, imo.
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Wait… Reddit has ads?
Hats off, that's both an argument for the use of third party apps and for eliminating third party apps at the same time...
Reddit gold ran the platform. Going for profit killed the API.
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Ya. That is a large part (not the only reason) of why Huffman gambled and lost on killing 3rd party apps. People using Apollo, or any other app that wasn't the trash official app, weren't getting ads at all or were giving their ad dollars to a third party. By killing third party apps, that forces anyone who actually wants to use Reddit to use the official suck ass app or the garbage desktop site which also had alt options that used the API. When users are funneled into only using official Reddit products, that means they're only consuming ads that Reddit makes a profit from.
I used Bacon Reader for almost ten years. It didn't have ads for half a decade and when ads did come, it was a non intrusive banner ad at the bottom. The Reddit app is riddled with obstructive ads. So is the website unless using an ad blocker. Reddit when used the way the admins want, is just one ass blast of shitty ads.
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I saw that on my few last days on Reddit. I was wondering about their rates b/c I was wondering what it would cost to take out an ad calling spez a complete twat.
I hope my username irks him continuously
Somebody on here snagged the username "spez" and that brings me great joy as well
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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.
Well few days ago their valuation by I think Fidelity got cut from 10b to 5.5b. That should tell you something
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]
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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."
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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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I keep seeing this as well. Probably the most frequent ad I've seen.
Ran out of advertisers, Why? Because we made some really "great" decisions at reddit!
Having tried to use Reddit advertising for business (a national company), it really wasn’t very good. They had very poor targeting and algorithms.
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!
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I can confirm: the audience is not there
I though I was going crazy for a second and I thought I went back in time and I was on Reddit via Apollo
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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)
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