It never gets saturated; "advertisers get a proportional amount of exposure based on how much they bid compared to everyone else" [ http://tjantunen.com/2009/11/26/reddit-homepage-advertising-... ]
Yeah but if you want your ad to show to more than one person, pretty soon it becomes effectively saturated.
Well, nobody would pay $20 per impression.
It will go exactly as high as people are willing to pay for it.
Just want to stop by and say that I used this service back when jedberg was here talking about it (a month ago or so I think) and was really happy with it. I had some problems with their credit card processor and they (being reddit) responded to my emails withing a few minutes until we were both sure that everything was as it should be (this was impressive to me because I was spending such a small amount of money). T…
I tried it as well. I have to say the best part was having comments enabled on my ad. I got some good feedback from members (if not a few posts advertising competitors) and even answered some tech support questions in the thread. Combine the fact it was dirt cheap and the bounce rate was insanely low (60%!) compared to things like StumbleUpon or AdWords, and you've got a no-brainer on your hands.
Sure. I was more meaning that they may not be easy to monetize once they click through to your website.
Yeah, probably not good for ad-based sites, but those usually don't have high enough revenue/user to make advertising cost effective anyway. For a cool new consumer product or service that makes money directly, though, this could be great. When I tried it, the CPC was very low. Whether it's worth it depends on how good a fit the thing you want to advertise is with the audience of Reddit.
I guess it would be a good way to get some interest in a new service, thinking of it similar to a HN review my app post which you can keep at the top for more than a couple of hours.
I can't imagine making a great return selling something directly on there unless you product was so cool that a regular post would have had nearly the same effect.