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Sprinklr and Reddit Expand Strategic Partnership to Help Connect Enterprises with Redditors

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
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partnership
Rhea-AI Summary

Sprinklr (NYSE: CXM) and Reddit have expanded their strategic partnership to include both Reddit's Data API and Advertising API. Sprinklr is the first official partner for Reddit's Ads API, enabling enterprise customers to integrate Reddit into their brand and marketing strategies seamlessly. This partnership allows Sprinklr customers to access real-time public conversations on Reddit, providing enhanced feedback, sentiment analysis, trends, and competitive insights. Additionally, Sprinklr users can now optimize and tailor their advertising campaigns on Reddit for better reach and engagement.

Positive
  • Sprinklr gains exclusive early access as Reddit’s first Ads API partner, enhancing its service offerings.
  • Integration with Reddit's Data API allows real-time access to public conversations, offering valuable insights.
  • Sprinklr’s comprehensive platform now supports Reddit, providing a unified approach to manage organic and paid content.
  • Partnership strengthens Sprinklr’s position as a leader in customer experience management.
  • Enhanced advertising tools on Reddit via Sprinklr can lead to improved ROI for enterprise customers.
Negative
  • No specific financial gains from the partnership have been disclosed, leaving potential revenue impacts unclear.
  • The success of this partnership heavily relies on Reddit's user base continuing to grow and engage.
  • Integration complexity might pose challenges for some enterprise customers.

Insights

Market Research Analyst: This expanded partnership between Sprinklr and Reddit opens up significant opportunities for enterprise brands to harness valuable customer insights. Sprinklr's integration with Reddit's Data API and Advertising API offers a unique advantage—access to Reddit’s rich, contextually-driven community discussions. This can substantially enhance brands' understanding of consumer sentiments, trends and emerging needs, especially in niche interest groups.

For brands, this means a deeper dive into real-time consumer feedback and competitive analysis, which can be pivotal in refining product offerings and marketing strategies. The context-driven engagement on Reddit lends itself to more authentic and valuable customer interactions. In the evolving landscape of data privacy, leveraging Reddit’s specific, interest-based communities can offer tailored ad targeting without the pitfalls of overstepping privacy boundaries.

Short-term, we might see an uptick in Sprinklr’s service adoption by brands keen on exploiting this new channel for consumer insights. Long-term, if Sprinklr can maintain this unique data advantage, it could solidify its position as a leader in unified customer experience management.

Tech Expert: Sprinklr's integration with Reddit’s APIs showcases advanced data processing capabilities and highlights technical prowess. The Data API integration allows enterprises to pull near real-time data from the vast trove of Reddit discussions, a significant technical feat given Reddit's large and varied user base. This can provide brands with actionable insights in a constantly evolving market environment.

The Advertising API partnership is equally notable, allowing Sprinklr customers to seamlessly incorporate Reddit’s ad suite into their marketing strategies. This integration leverages Sprinklr’s analytics to optimize ad placements on Reddit, ensuring brands reach their target audience more effectively. The ability to combine organic and paid content strategies within a unified platform is a significant technological advantage.

This partnership also positions Sprinklr as a front-runner in integrating social media data analytics with advertising technology, offering a comprehensive solution for enterprise-level marketing needs.

Reddit’s Ads API officially launches with Sprinklr as first up-and-running partner, and a partnership spanning both Reddit’s Data API and Advertising API ecosystems

NEW YORK--(BUSINESS WIRE)-- Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, and Reddit today announced an expanded strategic partnership. The partnership spans both Reddit’s Data API as well as its Advertising API, which is now open with Sprinklr as the first official partner.

Sprinklr works with many of the largest brands in the world to bring together teams, tools, and data for every customer facing team on one unified platform. Deep partnerships with social and digital channels help Sprinklr customers monitor and understand brand-relevant conversations, optimize brand content for maximum reach and engagement, and tailor advertising for maximum effectiveness and ROI.

“Reddit’s differentiated approach to interest-based communities allows for contextually rich engagement and a different approach to advertising. This is a compelling formula for Sprinklr enterprise customers and especially important as the privacy landscape continues to evolve," said Sprinklr VP of Global Partnerships, Jim Tomanchek. "Sprinklr is the only platform offering enterprise brands a unified approach to manage every aspect of their brand on Reddit. This integration will help our enterprise customers integrate Reddit as a core pillar of their brand and marketing strategies.”

“It’s getting harder for businesses to drive growth – there are fewer new places to reach, understand, and meaningfully engage with audiences online,” said Reddit’s VP of Business Development, Jonathan Flesher. “We’re excited to partner with Sprinklr because we know the deep value of Reddit’s contextually-rich discussions as a means for businesses to learn what people think, spot trends, test ideas, and participate in informed discussions. Our partnership with Sprinklr will connect their customers to the most relevant, engaged, and real conversations on the internet, and set them up for success.”

Sprinklr and Reddit Data API Integration
The Reddit Data API provides Sprinklr customers direct access to near real-time public conversations on Reddit. This social listening partnership will show relevant Reddit posts and comments in Sprinklr’s interactive customer dashboard. By combining Sprinklr’s best-in-class analytics with Reddit’s unmatched archive of constantly-updated human conversation, brands and businesses now have access to enhanced feedback and sentiment, trends, and competitive insights to better understand their customers, brand reputation, and power business growth.

Sprinklr and Reddit Advertising API Integration
As Reddit’s first advertising API partner, Sprinklr customers can access the full Reddit advertising suite and easily integrate Reddit into their enterprise advertising strategies and campaigns. Enhanced data and insights via the Sprinklr Data API integration can also help inform advertising strategies to reach intended audiences on Reddit.

Sprinklr is the only Reddit partner that provides brands with the ability to combine insights, organic content, and paid content on a unified platform. For more information on enhancing your brand presence on Reddit with Sprinklr, contact your Sprinklr team or visit, www.sprinklr.com.

About Sprinklr
Sprinklr is a leading enterprise software company for all customer-facing functions. With advanced AI, Sprinklr's unified customer experience management (Unified-CXM) platform helps companies deliver human experiences to every customer, every time, across any modern channel. Headquartered in New York City with employees around the world, Sprinklr works with more than 1,700 valuable enterprises — global brands like Microsoft, P&G, Samsung and more than 60% of the Fortune 100. Sprinklr's value to the enterprise is simple: We un-silo teams to make customers happier.

About Reddit
Reddit is a community of communities. It is built on shared interests, passion, and trust and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and approximately 82+ million daily active unique visitors, Reddit is one of the internet's largest sources of information. For more information, visit redditinc.com.

Press

Austin DeArman

pr@sprinklr.com

Source: Sprinklr

FAQ

What is the significance of the partnership between Sprinklr and Reddit for CXM?

This partnership allows Sprinklr to integrate Reddit's Data API and Ads API, providing enterprise customers with enhanced insights and advertising capabilities.

How does the new partnership between Sprinklr and Reddit benefit enterprise customers?

Enterprise customers can access real-time Reddit conversations, optimizing brand content and advertising strategies for better engagement and ROI.

What new capabilities does Sprinklr offer with the Reddit Ads API integration?

Sprinklr users can now integrate Reddit’s full advertising suite into their campaigns, enhancing reach and effectiveness.

How does the Reddit Data API integration with Sprinklr improve customer experience management?

It provides real-time insights into public conversations, helping brands understand customer sentiment and trends better.

Why is Sprinklr's partnership with Reddit important for businesses?

It connects businesses to relevant, engaged conversations on Reddit, facilitating informed decision-making and strategy optimization.

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