Reddit, is no follow then they won't help you too pass link juice but Reddit is a platform where you can generate good traffic and sales and think If you will make sales through reddit then this is good for us.
guess subjective come sales? Reddit folks mostly don't like IM stuffs. Next is quite tricky to post in sub reddit to avoid get ban or your post remove.
I see a few links from Reddit in the google search console but I don't think they carry too much weight. However Reddit can work for traffic sometimes you just need to keep the Karma up, and the only way to do that is to be an active and productive reddit community member, The problem with getting more traffic from Reddit is what you actually need to do is pick a subreddit then write something that will work for that community. You can do it quite often if you use the right strategy in theory what you would have to do is Pick about 5 subreddits within a common interest area such as Cats Create a few good CAT posts in the community and build your subreddit reputation When the community sees you are an active and productive member they will vote you up and make your posts more visible in the community Write or Create some content focused on that communities topic and post it and you have your Reddit traffic.
But, we can try to join another community, we don't need to band...we need to try grow traffic to our website when people will come to our website then our traffic will increase.
Reddit can be useful for SEO as this is a very popular platform and any traffic or links that would come from here, would be considered extremely valuable. It's not something that will bring you instant results and something that will have a direct impact on improving your ranking, but looking from an overall perspective, it can help you get on higher position so be active as much as you can there. On the other hand, be careful and read their TOS and don't use it in inappropriate way, as you could get banned and ruin your previous efforts.
Reddit is perfect source to get free traffic for your website. As mentioned by @AndroidST create a subreddit and share your content in it & according to your targeted audience.
Reddit may be a powerful tool for attracting increasingly tailored traffic. Reddit is one of the greatest channels with a lot of SEO value, so it's worth thinking about it for your SEO plan.