Spotify's Gift Card Sales Soar Amid COVID-19 Pandemic
In a recent survey, Spotify reported that gift card sales increased by 25% in Q2 2023 compared to the same period last year.
Key Findings:
- Gift card sales reached $1.4 billion, up from $1.1 billion in Q2 2022
- Gift card holders spent an average of $70 per gift card
- 47% of respondents planned to purchase more gifts using their Spotify gift cards this holiday season
Market Trends:
https://walkthebiz.com/news/statistics-shared-on-spotify-gift-cards/0321616/