this post was submitted on 06 Jul 2023
2114 points (98.5% liked)

Reddit

17443 readers
2 users here now

News and Discussions about Reddit

Welcome to !reddit. This is a community for all news and discussions about Reddit.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules


Rule 1- No brigading.

**You may not encourage brigading any communities or subreddits in any way. **

YSKs are about self-improvement on how to do things.



Rule 2- No illegal or NSFW or gore content.

**No illegal or NSFW or gore content. **



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts.

Provided it is about the community itself, you may post non-Reddit posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you vocally harass or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



:::spoiler Rule 10- Majority of bots aren't allowed to participate here.

founded 1 year ago
MODERATORS
 

SimilarWeb has just released traffic estimates for June. According to these estimates, Reddit's traffic has seen a 3.36% month-over-month decrease.

For comparison, here's how traffic has changed for other popular social networking websites:

  • Discord.com: +0.51%
  • Twitter.com: -1.65%
  • Instagram.com: -1.35%
  • Facebook.com: -3.18%
  • TikTok.com: +0.77%
  • Pinterest.com: -2.27%
  • Youtube.com: -2.02%

Source: https://www.similarweb.com/website/reddit.com/#overview

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 22 points 1 year ago (4 children)

no company wants to say they’ve lost 3% of their customers

Reddit doesn't see users as customers.
They are the product. A number that you can sell to advertisers and shareholders.

[–] [email protected] 18 points 1 year ago

That model started with literal radio. It's not a new thing. We are the consumers and the advertisers are the customers. It's kinda like how children are the consumers of toys but the parents are the customers. It actually makes business much harder because you have to keep two groups satisfied. The product is still airtime(radio), and nobody likes ads but they are sharing the space and funding the transmitter.

Don't forget to donate to your local independent stations, folks. Radio is not free! Neither is Lemmy.

[–] [email protected] 7 points 1 year ago

No company wants to say they've lost 30% of their top development, marketing and QA personnel.

They can still sell the raw product numbers, for as long as advertisers and shareholders don't realize the product has turned to shit.

[–] [email protected] 4 points 1 year ago (1 children)

I think this an overly simplistic way to look at the dynamic. Users are the primary customer, and they don't provide any direct revenue to the company. Their value is in attracting the secondary customers though, who directly pay the company to access the users. Bring a primary customer implies that the company still needs to treat you as a customer and at least not openly antagonize you. They can't take you for granted as a product. There is no secondary customer without you.

It's like bars that advertise free drinks for women on certain nights. The women aren't directly paying the bar, but the men who come to the bar because of them makes it a net profit. I'm sure there's other examples of this primary/secondary customer dynamic. Anything cheap for kids that sells expensive stuff to parents for instance.

[–] [email protected] 2 points 1 year ago (1 children)

overly simplistic way

It was hyperbolic of course. But really,

Users are the primary customer, and they don’t provide any direct revenue

How can someone who doesn't provide revenue be the primary customer of a profit oriented company? Ahead of others who actually do, like advertisers?

[–] [email protected] 3 points 1 year ago (1 children)

It might be better if the terms are swapped. I'm only calling them primary because they have to come first before the secondary, and they're the foundation for everything. There's probably a better way to term them.

[–] [email protected] 1 points 1 year ago

Oh, I'm not denying that the users are the foundation for the business model but when Reddit makes business decisions, they first listen to those who pay them.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

They also don't want to lose 3% of their product.