As part of the continued development of its ad business, Reddit has today announced the initial partner platforms that have been accepted into its Ads API program, which will see these providers given advanced access to Reddit’s ad tools, for a range of new integrations.
As explained by Reddit:
“VidMob, Sprinklr, adMixt, and PMG will join us as foundational partners in the development of our Ads API, part of our wider Marketing API offering. These partnerships will empower our advertisers to measure creative efficacy as well as automate, scale and optimize their campaigns to drive increased usability, efficiency, and functionality of their Reddit Ads.”
Through these new partnerships, advertisers will be able to access additional Reddit ad creation and analytics functionality, with each covering different elements.
In future, these partnerships will continue to expand, giving more businesses more access to advanced Reddit ad options, which will facilitate advanced targeting, analytics, placement and more.
Reddit says that its Ads API remains in development, with these initial partners set to help the platform build and evolve its ad tools, with a view to providing more tools and options for all marketing partners moving forward.
As noted, Reddit has been working to evolve its ad platform in recent times, first by removing some of its most controversial, and potentially risky subreddits, then through the development of its ad tools and options, providing more capacity to connect with the engaged users in the app.
And with over 50 million daily active users, across 100k engaged communities, Reddit could offer significant potential for the right brands, with the right targeting in place.
With this in mind, these new integrations could be a big step, and it may well be worth exploring Reddit for conversations and communities related to your niche.
Source: www.socialmediatoday.com, originally published on 2022-10-27 18:47:40
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