10K Collective e-Commerce Podcast

Reddit and Quora for Ecommerce Traffic with Davis Nguyen


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Reddit and Quora for Ecommerce traffic are not yet widely used by marketers. You can have a great advantage once you know how to wield these platforms.





Reddit

Why Reddit is a great marketing platform in general



There are people looking up the stuff you’re trying to buy



There are self-forming communities



If Davis was buying supplements, 2 years ago, he would type in “product name” plus Reddit



They can’t do affiliate links there

But you can put an ad in there.

None of the big headphone companies was on the subreddit and there were 100K people there!



Reddit results in Google searches

Try typing in a product name on Google



You’ll get Reddit results



A lot of times to get reviews, Davis will search on Reddit



It’s moderated so if it seems like you’re an affiliate, you get unbiased reviews

Reddit ads costs



Costs depend on the Subreddit and competition level

Reddit can. be as low as $1-2 to get CPM (1000 views) of people who have

Compared to Facebook CPM $30-50



Trust is there - there are companies that have representatives on subreddits



(Eg Wendy’s the fast-food chain)



More and more brands are going on this. The chief brand officer of Reddit is pushing hard for this too.



This is similar to the trend with Facebook. It was also just users to start with - now it’s the bigger brands.



That’s the trend with Reddit too.

How does Reddit compare to Facebook?

Firstly, always put strategy before tactics



Think about where your audience is before you worry about shiny object

Facebook vs Reddit mindset

FaceBook is Baby boomer territory



People share photos etc.



Whereas on Reddit, people are in the highly specialist mode



Davis goes into wrestling subreddits for example.



He gets hit with an ad for wrestling belts - ads have been there for 2 years.

Quora

What is Quora?



It’s a Q & A platform



Like Google but has the Q and A aspect of Reddit:



Like: “What’s the best noise-cancelling headphones?”



Also, “What’s the best workout bench for my studio?”



Eg: “What’s the best brand for vitamins?”

Why Quora is great for marketing

It’s very public-facing - people put their FaceBook profile is



Not for everyone - if your product solves as an issue



Some kind of differentiated products.



“Everything I do that my competition chooses not to is a competitive advantage”



Quora is not yet widely used by marketers.

3 ways to hit the audience on Quora



Answer a question.

You can advertise.

Retarget them.



How to answer a question on Quora

First of all, be a user of the platform



See what irks people

How would a Quora user perceive it?

If you’re selling a closet-hanger, it’s not the platform for you



Avoid being salesy!



Software companies do this well.



If anyone mentions your brand, you can click the ad and end up back at your site.
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10K Collective e-Commerce PodcastBy Michael Veazey

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