A while back I read an article detailing the benefits of earning money by running ads on Reddit. Here’s a blurb from the article:
As sole proprietor of a small bootstrapped business, I’m constantly looking for affordable opportunities to grow sales. Therefore, I was pleasantly surprised to learn I could run ads on Reddit for as little as $5. To date I’ve run about 30 ads on Reddit, spending about $400 and making over $2,200 in sales.
The article is an excellent read, and touches on a few great points you will find useful in your own market research. Ryan’s blueprint of how he made his first $1,000 on Reddit stems from using the “PIMP” method.
Plan for profit by finding your target subreddits.
Implement quickly by running $5-$10 ads in targeted.
Measure the ROI of each ad.
Plus up sales by investing more dollars in high ROI ads.
These same tips apply to any ad campaign you choose to run, whether through Reddit, Facebook Ads, print or television media.
- Plan for profit by finding your target audience.
- Implement quickly by running targeted ads.
- Measure the Return of Investment of each ad. How much $ did you earn?
- Plus up sales by investing more attention/dollars/focus in high ROI ads.
Do you have any tips to share? Comment below or tweet me @ajros02 to continue this chat online!
~ Viva