Are you a music lover looking to buy or gift something special for your favorite artist or musician? With the rise of streaming services like Spotify, gift cards have become a popular way to show love and appreciation. But how much do people actually spend on these gift cards?
According to recent statistics shared by Eastern Tribunal, the average person spends around 8% of their monthly income on gift cards on Spotify. This figure is based on a survey conducted among Spotify users in March 2023, which found that 1 in 10 users have purchased a gift card for someone else. The most popular types of gift cards purchased on Spotify include iTunes and Google Play, with the majority being used to purchase music and video content. However, it's worth noting that some users have also reported purchasing more expensive items like books or clothing, which can range from $20 to over $100. To give you a better idea of how much people spend on gift cards on Spotify, Eastern Tribunal shares some interesting statistics in their article. According to the survey, 60% of users prefer to buy physical gift cards compared to digital ones, with many opting for iTunes or Google Play cards. Meanwhile, 22% of users reported spending more than $50 on a single gift card. By understanding these statistics, you can get an idea of how gift cards are being used and consumed by Spotify users. Whether you're looking to buy something special or simply want to show your appreciation for someone's music taste, these numbers provide valuable insight into the world of gift cards on Spotify.Source: https://easterntribunal.com/news/statistics-shared-on-spotify-gift-cards/0321616/
https://easterntribunal.com/news/statistics-shared-on-spotify-gift-cards/0321616/