I am curious. If you were a Chief officer or VP or something. What kind of changes would you do to make it profitable? Reduce server count? Roll back old.reddit? Just cut overhead? Get rid of Spez? How can they possibly make it profitable given where they are now?
That’s why I said given where they are now, how would it even be possible. What can they do outside of raise prices of reddit stickers or ad-free reddit.
If reddit allowed third party apps again that would probably be enough to get me back. Maybe in another 5 years it won’t but right now Lemmy only wins cause the reddit app experience is bad enough to drive me away.
Yeah, turned out I was actually more loyal to the app I was using than I was to the platform. Though I was also pretty good to the platform, I contributed and interacted daily and often spent money buying gold. I tend to take the attitude that if I’m getting a lot of use out of something I don’t mind spending a little to support it. That’s all in the past now and I wonder how many other paying users they burned.
VIP posts which you have to subscribe to a user to view. Reddit takes a cut of the subscription fee. With the sheer amount of OnlyFans models who astroturf the fuck out of the NSFW subs, it feels beyond stupid that Spez isn’t cutting out the middle man and competing with the likes of OF, Fansly, Patreon and Subscribestar.
Add more incentives to subscribe to Reddit Premium, i.e. enhanced search functionality, the ability to time travel back to the frontpage from a previous date.
Improve the official Reddit app to the point where it’s on-par with previous third party offerings.
Bring back RPAN as a fully-fledged livestreaming platform with fewer restrictions. Introduce ads (Premium users get ad-free viewing) and revenue sharing for partnered creators.
Change content and moderator guidelines to curb power users.
Pivot towards short-form video content as a separate section of the site to compete with the likes of TikTok.
I am curious. If you were a Chief officer or VP or something. What kind of changes would you do to make it profitable? Reduce server count? Roll back old.reddit? Just cut overhead? Get rid of Spez? How can they possibly make it profitable given where they are now?
The premise of the question is flawed in my opinion. It only needs to be profitable because they put themselves in that situation by going public.
A social platform run by users should only need to break even. I have no idea why a web forum needs to be on the stock market.
Now it’s another example of Enshittification of the internet.
That’s why I said given where they are now, how would it even be possible. What can they do outside of raise prices of reddit stickers or ad-free reddit.
Yeah that’s fair.
Merchandising is the only palatable idea I can think of.
More likely to happen:
Twitter’s verified user subscription strategy
More ad posts with paid-priority (priority hidden from users)
Layoffs with AI as miracle cure
Selling user data for AI training (check)
Paid API access (check)
But it’s really hard to ignore that its function isn’t really designed for profit and it’s wacky that we have to humor the idea.
Ironically, if they charged moderators to be moderators, theyd probably pay for it. Some of those people were nuts.
If reddit allowed third party apps again that would probably be enough to get me back. Maybe in another 5 years it won’t but right now Lemmy only wins cause the reddit app experience is bad enough to drive me away.
Yeah, turned out I was actually more loyal to the app I was using than I was to the platform. Though I was also pretty good to the platform, I contributed and interacted daily and often spent money buying gold. I tend to take the attitude that if I’m getting a lot of use out of something I don’t mind spending a little to support it. That’s all in the past now and I wonder how many other paying users they burned.
Reddits app was always bad. Even with all the hurdles and shitty stuff they do on mobile browser I still chose to be on browser
This seems tricky. If you see any ads in a 3rd party app, they’re going to support the developer instead of Reddit.
Cut my salary to only a silly amount like $200k/year.
Create paid accounts for like $5/year
Allow people to purchase annoyances/chaos like force non-members to use light mode only for a day.
Include bill-through services to grab a cut of any apps making money off the site.
Here’s what I’d do:
VIP posts which you have to subscribe to a user to view. Reddit takes a cut of the subscription fee. With the sheer amount of OnlyFans models who astroturf the fuck out of the NSFW subs, it feels beyond stupid that Spez isn’t cutting out the middle man and competing with the likes of OF, Fansly, Patreon and Subscribestar.
Add more incentives to subscribe to Reddit Premium, i.e. enhanced search functionality, the ability to time travel back to the frontpage from a previous date.
Improve the official Reddit app to the point where it’s on-par with previous third party offerings.
Bring back RPAN as a fully-fledged livestreaming platform with fewer restrictions. Introduce ads (Premium users get ad-free viewing) and revenue sharing for partnered creators.
Change content and moderator guidelines to curb power users.
Pivot towards short-form video content as a separate section of the site to compete with the likes of TikTok.
You are now hired as the post-IPO CEO
Make mods actually pay for the privilege of modding.
Charge $1 month per account, $2 for access to NSFW subs.
We’ve all seen the news about spez salary, to yeah, fuck him and check if others are also getting such salaries.