Statistics shared on Spotify gift cards reveal a glimpse into the world of e-gift cards, showing how they are gaining popularity and contributing to revenue growth for music streaming platforms.
A survey conducted by Profit & Cost in 2023 found that 75% of e-gift card users prefer online gift cards, with Spotify gift cards being one of the most popular options. This trend is likely due to the ease of use and convenience offered by digital gift cards.
The revenue generated from Spotify gift cards has been steadily increasing over the years, with a 20% growth in revenue compared to the previous year. This trend suggests that e-gift cards are becoming an increasingly popular alternative to traditional gift cards.
A report from 2023 shows that Spotify has seen a significant increase in its e-gift card sales, with over 10 million users opting for the service. This growth is likely due to the increasing adoption of digital gifts and the convenience offered by online gift cards.
https://profitandcost.com/news/statistics-shared-on-spotify-gift-cards/0321616/