The news: Reddit and WPP Media found that users increasingly turn to the platform for product research and buying guidance, per research shared exclusively with EMARKETER.
Why it matters: The research indicates that users increasingly rely on Reddit for purchase decisions and trust the insights they find there, reflecting that Reddit’s recent moves to monetize intent may be paying off:
Implications for marketers: Brands that meaningfully invest ad budgets in Reddit stand to benefit from access to contextually relevant communities that are more likely to turn into buyers.
With these communities driving up to 16 times higher purchase intent than keyword-based targeting alone and Redditors 30% more likely to engage with ads that appear in relevant subreddits compared with elsewhere, the findings suggest Reddit is particularly well-positioned to help marketers reach consumers during the consideration phase, when purchase intent is still being shaped.
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