Steve Huffman and Alexis Ohanian, with Aaron Swartz, the two roommates of the University of Virginia founded Reddit in 2005 which was later on acquired by the media company named Condé Nast Publications in 2006. This blog deals with the SWOT analysis of Reddit, but before going there first learn about the company and its objectives.
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This all can be possible today with the help of digital marketing, if you want to know more about digital marketing and its role then register for our Free Digital Marketing Masterclass by Karan Shah, who is also the founder and CEO of IIDE – The Digital School. And, in this modern world or we can say that the world of digitalization, it is necessary to maintain the image of any brand and be viewed by everyone. Reddit is a widely used platform for content rating but how it has achieved its target? The answer is quite simple, their strong strategy and uniqueness helped them to achieve this target.
In 2021, Reddit is ranked as the 19th most visited website in the world and 7th in the U.S. This platform is for the people and by the people. It is the platform where people can share their views with the help of texts, images and videos. One of the most used web content rating and discussion websites – Reddit widely used to rate the web content by voting up and down by its members. Now, in this article, we will go through the detailed SWOT analysis of Reddit.
In the previous article, we had already discussed the extensive SWOT analysis of the most used platform for asking questions and discussing topics, Quora.
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