The interview: Reddit is transforming its platform with two major initiatives: expanding its commerce capabilities and redefining social media engagement through a “seeking, not scrolling” approach, according to a recent EMARKETER interview with CMO Roxy Young and Jim Squires, executive vice president of business marketing and growth.
Platform strategy: Reddit is embracing its dual roles of empowering intent-driven users seeking specific information and fostering communities for ongoing discussions.
Behavior and commerce: Reddit's value proposition for advertisers centers on authentic consumer conversations that span the entire shopping journey.
Our take: Reddit's distinctive approach combines commerce and community engagement in a way that sets it apart from some other social platforms' endless scroll model. As Young describes, the platform facilitates "deep conversations [where users are] evangelizing and endorsing their purchase decisions" while serving as "an incredibly valuable tool for people to find real human perspectives.”
Those authentic conversations could provide advertisers with valuable opportunities to connect with users when they’re most receptive to highly relevant contextual ads.
Go further: Read what Young and Squires had to say about Reddit's global expansion.
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