The tools in Spotify Ad Studio seem intended to complement the Spotify for Artists dashboard. The company, announcing the new metrics on its Spotify for Artists blog, dubbed the Ad Studio “another channel for promotional campaigns.” Spotify also said that it plans to offer conversion metrics for its future launches in advertising tools.
Spotify used a promotion by music marketing agency for performer Rich the Kid as a case study. For that advertisement, 38% of people who heard it then listened to the artist, and almost 20% of those listeners streamed Rich the Kid’s music for the first time that month.