*By Conor White* Giphy, the internet's largest search engine for gifs, is turning its attention to advertising ー and it has a simple strategy. "We need to make ads that don't suck," said Adam Leibsohn, the company's COO. "We always say, you should entertain, not advertise." Giphy has worked on six- and seven-figure deals with major brands like [Absolut Vodka](https://giphy.com/absolutvodka) and [Dunkin' Donuts](https://giphy.com/dunkindonuts), as well as a campaign for the film ["Sorry to Bother You"](https://giphy.com/sorry2botheryou). Leibsohn said Monday in an interview on Cheddar the advertising angle is a natural approach for Giphy. "Paid search is our revenue model," he said. "So, you can basically place content in relevant searches, so that your content comes back as the first result, and then people use it a lot more." With 300 million daily active users who serve up 5 billion gifs, Leibsohn said, the platform is looking to turn a profit for the first time in its five-year history. "People really love to use \[gifs\], in messaging, in communication, in social," Leibsohn said. "What we've been starting to do is work with brands to help them get involved in those conversations." Though the company isn't openly discussing its revenue goals, Leibsohn said he expects significant growth, thanks to the new partnerships ー and he doesn't expect the public to get sick of the medium any time soon. "It's not really fatigue because every day a different piece of culture, a different piece of content is what's driving the conversation, so as long as culture remains moving, gifs remain popular." For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjE5OTQ=).

Share:
More In Technology
Need2Know: Ukraine Updates, Disney Walkout & NASA spacewalk
Catching you up on what you Need to Know on March 16, 2022, with updates on Ukraine and Russia, a container ship gets stuck in the Chesapeake Bay, Disney employees stage a walkout over the "Don't Say Gay" law in Florida, and NASA completes its first spacewalk of 2022.
Breaking Down the Digital Divide in the Metaverse
Janet Balis, EY Marketing Practice Leader, joins Cheddar News at South by Southwest to break down what exactly the metaverse is, how brands can start to break into this experience, and why to keep the digital divide in mind as the metaverse grows.
Artsy Sees NFT Marketplace as Exciting Opportunity
Dustyn Kim, Chief Revenue Officer at Artsy, joins Cheddar News' Closing Bell, where she says increasing demand helped push the online art marketplace to NFTs and outlines how her company is helping educate investors looking to learn more about digital assets.
Food Technology Company Tender Food Raises $12 Million to Make Alternative Meats With Authentic Texture
Food technology startup Tender Food raised $12 million in a seed round led by Chris Sacca's Lowercarbon Capital. Tender says it specializes in creating alternative meats with an authentic texture and is on a mission to make alternative meats so delicious, nutritious, and affordable, that eating meat from animals will no longer make sense. Christophe Chantre, co-founder & CEO of Tender Food, joins Cheddar News' Closing Bell to discuss.
Load More