Everything Our Paid Team Learned From Attempting a Reddit Advertising Strategy

 With a ranking as one of the top ten most popular sites on the internet, Reddit is undoubtedly an intriguing channel for advertising purposes.

However, the site can often seem intimidating, and perhaps even too random to create a cohesive advertising strategy. Plus, since its primary purpose is to expose viewers to the top-trending content of the moment, Reddit users are notoriously anti-marketing.

Regardless of its challenges, its potential advantages proved too good an opportunity to pass up. At HubSpot, we decided to implement a strategy to see for ourselves whether Reddit can serve as a promising channel for the future.

Here, learn what our team figured out about advertising on Reddit, and whether it's worth the attempt for your own company. Plus, we've provided a step-by-step tutorial on how you can advertise on Reddit if you determine it's a valuable option for your own company. 

The Strategy Behind Reddit Advertising

1. Identify subreddit topics which are well-aligned with your target audience.

To investigate the benefits of advertising on Reddit, I first spoke with Josh Chang, a Senior Marketing Manager at HubSpot. He told me HubSpot's initial strategy on Reddit involved highly targeted campaigns on specific subreddits, including r/entrepreneur and r/sales.

"The goal of the campaign," Chang explained, "was to drive awareness and conversion for our products. In terms of results, we saw cost-per-acquisition similar to what we've achieved on Facebook in North America, although we did notice a lower activation rate from Reddit -- suggesting lower-quality conversions."

If you're interested in testing out a campaign for yourself, then, you'll want to start by identifying subreddits which can likely help foster genuine connections between your brand and your ideal audience. Consider topics your target audience is most interested in, and make a list. Then, narrow your list by investigating how many subscribers each subreddit topic has, whether it's relatively active, and whether self-promotion or sharing content is allowed on the subreddit topic.

Chang told me, "One of the main things we learned was targeting subreddits specifically was much more effective than broader interest targeting. However, this strategy requires a lot of research, and getting to know which subreddits are most relevant to your audience."


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