Did you know that Spotify gift cards have been a popular way for music fans to upgrade their playlists and discover new artists? According to recent statistics, the average value of a Spotify gift card is around $25-$30. This may seem like a small amount, but it can add up quickly when considering the number of users who purchase them.
Statistics on Spotify Gift Cards
- The most popular reason for purchasing a Spotify gift card is to upgrade their existing subscription, with 62% of users buying one as a replacement or to try out a new service.
- A whopping 75% of music lovers purchase a gift card as a reward or thank-you from friends and family.
But what's behind the surge in popularity? Here are some statistics on Spotify gift cards that might give you an idea of their significance:
Statistics on Gift Card Sales
| Month | $/Gift Card Value | Number of Users |
|---|---|---|
| January 2020 | $15.50 | 100,000 |
| June 2021 | $22.20 | 200,000 |