People who still are there kinda deserves it.
this post was submitted on 14 Mar 2024
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They have been trying SO hard lately. A featured section on After Midnight, absolutely riveting, totally 100 percent factual posts being discussed by very real unpaid people on Tiktok and Instagram.
Real glad I'm here instead.
Hot garbage site does hot garbage stuff. Reddit makes it too easy to take dumps on itself.
Edit: I misread the post to be 28% CTR, you can ignore my comment.
There's absolutely no fucking way CTR for those is 28%.
I do not believe that.
Posts don't even have a CTR that high, that would mean the average user goes no further than 4 ads before clicking one.
Now I wish I bought some stock so I could get in on a shareholder lawsuit about them cooking the books on this shit.
Edit: for context, it's 0.9% on FB, 1.9% on Google.
What's more likely, someone at reddit fucked up an analysis, or these ads are 14x better than Google or 31x better than FB?
I think maybe a re-read is in order. They’re claiming the new format outperforms the (presumably) old format by 28%, not that the CTR is 28%.
What’s more likely, someone at reddit fucked up an analysis, or these ads are 14x better than Google or 31x better than FB?
What's most likely is that you misread or misinterpreted what was stated. It says the new format outperforms other types of ads by 28%, not that they get 28% CTR.
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I replied to you you elsewhere in this thread, but they never claimed to be getting 28% CTR. They only claimed that this format performs 28% better than alternatives.
If a different ad format was getting 1% CTR, then a 28% improvement is still only a total 1.28% CTR.
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I mean, generally I'm all for shitting on reddit, but there's also a third option: Reader's not understanding what 28% better than other ad types means.
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Didn't they already have that?
Definitely. Except companies just did it themselves.
'Course they do
We should start a viral campaign promising to boycott anything advertised on Reddit just before the IPO
[Caveat lector: Irish Cream-fuelled comment]
There's a sad future out there where the "Fediverse forums" thrives not because they're good, but because Reddit became so fucking bad that even your typical redditor - as in, braindead trash - left for the fediverse.
Earlier I was wanking for no reason, but now I get to showcase my c*m to investors - yaay
- CEO Steve F*ckman
anyone have a good estimate for how long it will take for these ads to become more numerous than actual posts, at least in terms of visibility. I've got to imagine the impact is going to be spectacular since they are doing this desperate IPO as their fall from grace accelerates.
Is this something that uBO can detect?