My experience with Reddit ads (years ago now) wasn't that subreddit-level targeting was bad—there's a reason sponsored content is such a big marketing channel, after all—but rather that the ads platform just never worked very well.
And by "never worked very well," I don't just mean "We ran ads without good results." The whole experience was just sort of confusing and underwhelming, especially when compared to other channels like FB or Google. We suspected that the majority of our clicks were bots, based on our own analytics. The targeting always felt unreliable. Support interactions were weird. In general, the platform always just felt kind of... janky.
Don't know if that's still the case now, but at least as of a year or so ago, I knew a lot of people working in digital marketing who felt the same about the platform.
So the targeting wasn't just you choosing to run ads on /r/coffee and /r/programming? In my head the ads should be so easy to sell with how niche it is. But I also believe reddit could screw it up.
And by "never worked very well," I don't just mean "We ran ads without good results." The whole experience was just sort of confusing and underwhelming, especially when compared to other channels like FB or Google. We suspected that the majority of our clicks were bots, based on our own analytics. The targeting always felt unreliable. Support interactions were weird. In general, the platform always just felt kind of... janky.
Don't know if that's still the case now, but at least as of a year or so ago, I knew a lot of people working in digital marketing who felt the same about the platform.