Spotify is running a R120 for a whole year promotion exclusive to South Africa. Well, exclusive to South African accounts is more like it. There are a lot of Zimbabweans who got tired of waiting for Spotify to come to Zimbabwe and just opened South African accounts.
They would probably have felt a bit angry when Spotify did come to Zimbabwe and started charging a very affordable $2.99 per month while they had to pay a whole R59.99 per month. That’s almost 50% more each month for practically the same content.
How to take advantage of the offer
Now here is the tricky part, remember this deal is exclusive to South Africans and the only site selling gift card you can use is eGifts24. Unlike other stores, this one is pretty good at figuring when you are accessing the site from outside South Africa. Like Netflix kind of good so you will need a VPN or you can temporarily use Hola unblocker- just make sure you uninstall it after you are done with the purchase.
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- Go to the promo landing page
- Add the coupon code and checkout
- Pay using EFT, Visa or MasterCard
- The code will be sent to your email
- Go to https://www.spotify.com/redeem
- Enter the card’s code
- Your Spotify account will now get 12 months premium.
Spotify is going the Netflix way when it comes to pricing
Most businesses have already figured out that the developing world doesn’t have much money to spend on things like streaming. Traditionally companies have charged an almost similar price across all countries but this is changing. Netflix has flirted with lower prices in places like India and now Spotify is following its footsteps.
Why is this happening? Are the companies making losses by charging lower prices in these places? Probably not. There are many reasons why streaming companies are going down this route beside the obvious desire to get more signs ups:
- Technically Spotify already charges this price in developed nations for example Family and Student packages so they are familiar with the pricing process behind the lower prices
- It is probable that they will make more profits even with those lower prices as they may be using marginal costing to arrive at the price. The concept of marginal costing is something people don’t get but basically, it means if you have already covered your fixed costs, you can afford to get other customers even if said customers are paying you less as long as what they are paying exceeds the costs of providing the service to them.
- Like Microsoft and it’s Windows and Office software, they want to in-calculate a habit and get us hooked on their products so that even when they start charging more we would have gotten used to Spotify instead of its alternatives.
The last one is one reason why I think Netflix will probably not crack on password sharing either. Typically people who mooch on other people’s accounts aren’t the sort who go out to get their own account. I know certain individuals who never buy their own beer and are always borrowing other people’s PlayStation controllers. Those people will probably not be paying for Netflix. However, getting them hooked will mean that everybody gets used to the Spotify and Netflix way.
Eventually, that might pay off or not. Microsoft is an apt example. Look at how people are desperate to get a working copy of Windows on their laptops instead of using free alternatives. Microsoft has built an ecosystem that is hard to break out of. Everyone expects you to be using Office, their format is universal etc.
The same will happen with Spotify. Artists will flock to it, people will create and share playlists on it. There will be streaming parties using Party mode with people listening to the same songs by a DJ instead of traditional radio. Podcasts will be uploaded there instead of, say iTunes. Spotify will become the Facebook of music even your granny will sign up. Just you wait.
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7 thoughts on “Spotify running a US$8 for a whole year promotion”
Hi! this would be great but I tried accessing the store. with the unblocker but the blocker didn’t work on the egift24
Yeah, eGift is pretty good at figuring out when you are not in South Africa. That’s their whole deal. Hopefully the Gift cards will start selling on other SA sites which are not so good. I will update you if that happens. In the meantime you can try to get someone in SA to buy the Gift card for you.
How I can’t find the offer on Gift Cards?
See the link in the article.
Did you verify it? I found out that it’s R720 and there’s a R120 discount only to make it R600.
Going for R600 not R120. Used to be R720 but now it’s R600, saving you R120.
That’s what I also found out. The R120 is what you save.