The blackout is starting to have a financial impact on Reddit, but we must stay dark!

Jessica@lemmy.world to Lemmy.World Announcements@lemmy.world – 1069 points –
Ripples Through Reddit as Advertisers Weather Moderators Strike
adweek.com

If the performance weakness continues for a week or two, the agency would start recommending decreasing spend with Reddit or directing it to other platforms.

After the blackout, we will be closely monitoring user behavior on Reddit and guide clients when we can unpause,” said Freddy Dabaghi, managing director at Stagwell-backed Crispin Porter Bogusky, which has asked clients to stop campaigns, depending on their client goals.

229

You are viewing a single comment

I wish the acronym CPM was defined. Maybe I overlooked it.

Cost per thousand. They don’t define it, because it’s a common metric in advertising.

CPM probably means Clicks Per Minute.

It's the price for a thousand impressions of your ad. So, for every thousand times your ad gets displayed to a user, you pay the CPM amount. CPM is short for cost per mille.