Home » Jazz News » Trends

22

Bandcamp Rings up $1 Million in December Sales. New Stats Prove Direct-to Fan's Potential

Source:

View read count
New numbers from Bandcamp show that in December alone artists using the site grossed more than $1 million in music and merch sales, bringing the total to-date to $12.6 million. But the most promising insight from Bandcamp is proof that more and more fans are paying for music that they probably set out to get for free.

A few months ago, Bandcamp began tracking the starting point of every sale that happens on the site and shre share these examples of free-to-paid conversions:

“this morning someone paid $10 for an album after Googling “lelia broussard torrent."

“a $15 sale came in from the search “maimouna youssef the blooming hulkshare."

“a fan made a $12 purchase after clicking a link on music torrent tracker What.CD.

“someone spent $10 after following a link on The Pirate Bay, next to the plea: They sell their album as a download on their website. You can even choose your format (mp3, ogg, flac, etc). Cmon, support this awesome band!"

Some more impressive Bandcamp stats:

22% of those sales happened because of Bandcamp, driven by things like tags, the home page, recommendations, and search.

40% of the time, fans pay more than the asking price for name-your-price albums.

53% of all purchases are made by fans located outside the U.S.

Mainstream music sales will never return to their formal levels, but growing direct-to-fan sales offer real hope for the emerging musical middle class. As Bandcamp's Ethan Diamond concludes, “Fortunately, it appears there's still a thriving community of fans who understand that the best way to support the artists they love is by handing them money."

Continue Reading...

Tags



Comments

News

Popular

Get more of a good thing!

Our weekly newsletter highlights our top stories, our special offers, and upcoming jazz events near you.

Install All About Jazz

iOS Instructions:

To install this app, follow these steps:

All About Jazz would like to send you notifications

Notifications include timely alerts to content of interest, such as articles, reviews, new features, and more. These can be configured in Settings.