Bandcamp waived their fees for the second time last Friday, May 1, to financially help bands and record labels. The first time Bandcamp tried this on March 20, people spent $4.3 million on music and merchandise. This time around people spent nearly twice as much.
Bandcamp reports there was $7.1 million in sales last Friday during the promotion, where they waved all service fees. Bandcamp pointed out that the initial $4.3 million was roughly 15 times what they normally see in traffic on any given Friday. That makes the $7.1 million all that much more impressive!
Bandcamp will waive fees once again on the first Fridays of the next two months, June 5 and July 3. The site also provided a handy guide for both musicians and fans for the next two Bandcamp Days on their blog.
Update on last Friday's campaign: Fans paid artists $7.1 million in just 24 hours ($2.8m more than March 20th). Thank you for supporting artists impacted by Covid-19, and mark your calendars for the next #BandcampFriday on June 5th! https://t.co/hPhgm7WBR4
— bandcamp (@Bandcamp) May 4, 2020