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Had a call with Reddit to discuss pricing

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Re: Had a call with Reddit to discuss pricing

#521

Someone should invest in Apollo, build a reddit clone and just let the app run on that. Screw the “actual” reddit. The Apollo app has a huge install base anyway. Problem is only, how long will this all take?

A lot of time, money, and effort. It is fairly infeasible.

And even if you build it, it will start out empty.

Re: Had a call with Reddit to discuss pricing

#522

Earlier quoted context omitted.

If you make more money it's hardly BS. There are supply and demand graphs and you can reasonably calculate how many customers you lose/gain from a price increase/decrease.

It can be rational and still be BS.

It's only BS because you have to pay more.

Re: Had a call with Reddit to discuss pricing

#524
post #7

Wow, that price is insane. To me, that's pretty clearly a shot at any competitor apps for Reddit. Purely anti-competitive behavior here, which to me is silly. Let other apps pop up to better serve your users. At the end of the day, they are still your users and you might learn things from the other apps. Who ever came up with that price is looking for short-term profits over user happiness and long-term growth.

> Purely anti-competitive behavior here

An app that uses reddit is not a competitor to reddit, it's a client of reddit. No definition of "anti-competitive" applies here.

Re: Had a call with Reddit to discuss pricing

#525
post #360

Earlier quoted context omitted.

in my opinion, a good middle ground would be to make third-party apps only usable if you're subscribed to Reddit Premium. That way you don't give the data freely, you could make each API keys provided to the user with limits that won't impact normal navigation but would cripple automated data capture, and you'd solve the issue where third-party apps aren't fed ads by sustaining the platform through subscription.

I remain shocked this wasn't Musk's approach with Twitter; make API access part of Twitter Blue.

My guess is that keeping API access behind a paywall is a money maker for a few specific client sets; the ones that immediately come to mind are Trading Companies (both traditional and crypto,) marketing companies (analyze trends/etc,) as well as large orgs with some form of reputation to uphold (i.e. large enough where just one person manning the account is not feasible.)

Re: Had a call with Reddit to discuss pricing

#526

Reddit is getting destroyed by tiktok for casual news/random videos etc. I was a huge reddit user over the years, but now I only go there for a handful of very specific subreddits. That's really it's only use anymore. It's great for that, but they are probably seeing massive decline in usage. And the moment they basically kill 3rd party reddit apps is the day I barely touch it again.

I can't really agree. The curation on reddit just far, far better outside of the super generic frontpage subreddits. Tik tok is 99% garbage content.

The main problem with Reddit is the moderation. It all hit the wall when Trump was elected and the Reddit directors decided to run around like chickens and clamp down on half the community. The website has become a far-left US-centric mass market echochamber.

Re: Had a call with Reddit to discuss pricing

#527

Earlier quoted context omitted.

> One can only hope there'll be a watershed moment like the one that killed Digg. I think a critical part of the Digg exodus was that most people already saw Reddit as a clear #2 in the space. When Digg fucked up, there was an obvious place for everyone to migrate to. I don't see that right now. Facebook isn't cool anymore, Twitter has a large number of people who won't use it because of Elon, Mastodon isn't mature e…

Discord seems the most likely, it matches the subreddit model and a lot of Reddit communities already have a discord. Obviously Discord is chat focused so not a one-to-one replacement but I am not sure that the younger generations will care. Plus there is the possibility of discord adding a Reddit/forum like feature, since they already have the mindshare.

Please god no. So much info is already getting dumped to discord and nowhere else making searching or archiving impossible, we don't need more of that.

Re: Had a call with Reddit to discuss pricing

#528
post #513

The reality is that Apollo doesn't serve intrusive ads, and thus, every user using Apollo instead of their own first party apps is lost revenue. Unfortunately, reddit is in that late stage monetization step where they need to prove they are capable of big revenue to justify a high IPO share price. One can only hope there'll be a watershed moment like the one that killed Digg. So far, reddit has been very careful rais…

> every user using Apollo instead of their own first party apps is lost revenue That's maybe true as a first-order effect. But, for the ads that everyone else sees to be worth anything, the site has to be worth visiting at all. If your most dedicated/prolific users mainly post/comment using third party apps, then making their experience worse will reduce the quality of the site overall (even if you start getting reve…

Short-sighted is presumably what they want: pump and dump onto the public market so early investors and founders get their payday and ride off into the sunset on bags of money while "the market" eats the losses and the slow (or maybe fast and painful) demise carries on for the next 3-10 years.

Re: Had a call with Reddit to discuss pricing

#529

The reality is that Apollo doesn't serve intrusive ads, and thus, every user using Apollo instead of their own first party apps is lost revenue. Unfortunately, reddit is in that late stage monetization step where they need to prove they are capable of big revenue to justify a high IPO share price. One can only hope there'll be a watershed moment like the one that killed Digg. So far, reddit has been very careful rais…

Is the math that the dev did broadly accurate? If it is, it seems they could safely charge 10-19x less and get more revenue per-user than they do from ads alone... assuming that even a 10x lower cost would be affordable for third-party clients, which isn't a given.

Those users might be worth 10x as much as the average user though.
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