Reddit has evolved from its 2005 origins into a digital powerhouse, proving itself as an invaluable territory for marketers.
While the platform maintains its core strength in community engagement and authentic discussion, it’s transformed into a sophisticated marketing channel that offers unique advantages over traditional social networks like Facebook or Instagram.
In this post, I’ll share some fresh stats to understand better how Reddit became a marketing haven.
In recent years, Reddit has solidified its position as a platform with staying power, and a marketing essential by expanding its advertising ecosystem and enhancing its multimedia capabilities.
The platform’s significance is amplified by its dominant presence among Gen-Z and millennial users, who now represent a prime consumer demographic with substantial purchasing power.
These users increasingly rely on Reddit for product research, recommendations, and purchasing decisions, making it a crucial touchpoint in the customer journey.
Successful brands are now integrating Reddit into their core marketing strategies through various approaches, from sophisticated AMAs (Ask Me Anything sessions) to branded subreddits that have become powerful hubs for customer engagement and community nurturing.
But enough of that introduction, let’s get into the numbers.
To keep you informed and help you make strategic social media decisions, here’s a list of fresh, helpful, and intriguing Reddit stats related to the company, its user base, and what it takes to engage audiences on the platform.
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If you’re a marketer in a field related to consumer products, especially technology, you might not want to count out Reddit just yet. As the stats above show, young people, especially Gen Z, are using and trusting the platform as a source for product research.
If your company has a lot of excellent video content, you may want to incorporate Reddit into your next marketing strategy. Remember, Reddit users consumed more than 1.4 billion videos monthly in 2018.
And if you want to share thought leadership content, consider having your marketing team open an AMA, or host videos from them on the platform, too.
Online video, especially in a mobile format, is being embraced much more heavily than in the past. Because of this, it might be worth exploring the idea of a Reddit video strategy if you ever have extra time or resources available.
Editor’s note: This article was originally published in November 2019 and has since been updated for comprehensiveness.
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