Bandcamp Launches ‘For Fans’, User Spending Jumps 40%
Direct to fan platform Bandcamp has launched a set of
music discovery features that allow fans to showcase their Bandcamp music collections on a dedicated page, follow artists, explore music of like-minded fans and add to
wishlists. "In developing these features," said Bandcamp in a blog post, "we’ve been guided by one overriding objective: grow revenue for artists while keeping the core Bandcamp experience as simple and clean as possible". If the site's beta tests are any indicator, it's working.
High Friction Sharing Drives Spending Increase
There's a lot of buzz about the concept of “frictionless sharing”: play music and the activity is automatically shared with friends. Bandcamp For Fans is the opposite: a social music discovery system based on the high-friction concept of ownership. "If someone is passionate enough about a record to spend money on it – to actually support the artist who made it, and perhaps even write a bit about why they love it," says the startup, "- that makes me much more likely listen to that record, and perhaps add it to my collection as well."
Bandcamp says that high-friction sharing works: "During our beta, fans who created accounts increased their spending by 40% on average, and the small test group now drives as many sales to artists as all Twitter traffic to all Bandcamp sites combined."
To become part of Bandcamp For Fans, users must purcahse. If they’ve already made purchases through the site: http://bandcamp.com/fans and follow the instructions.
Great article! Small typo in last paragraph: “To become part of Bandcamp For Fans, users must purcahse.”
Always a fan of the way Bandcamp has done things. This is so on the right track.
Im a huge fan of Bandcamp. I think Bandcamp is a great product with a lot of potential, plus they really help artists get their music out to fans who want to support them.
Im not sure on the 40% number, because it seems as though 30 day earnings have been in decline recently.
Bandcamp is really beginning to push itself to the head of the proverbial pack. A hugely important tool for artists and at the same time, I’ve found some of my current favorite artists and producers there.
I enjoy visiting Bandcamp page. It keeps me updated with what’s new in the music scene. Plus, users are able to interact with fellow music fans. Cool!
I’ve been looking forward for a new added feature in Bandcamp, and here it is now. I’m glad that fans like are able to share with other fans. This is so cool!