Startup Idea #94 (Part 3): Bandcamp

I just discovered Bandcamp and was pleasantly surprised that we have a Topspinmedia competitor in the making. I think this just the beginning of a trend. Soon, we will see startups that provide such tools in many different industries.

What I hope to see is Bandcamp taking the concept further and putting it on the mobile. I see this channel as offering more interaction potential between bands and fans. For example, I can foresee that fans will like a Twitter like streaming of their bands' daily activites.

Mobile is also a media where there are already in-built payment mechanisms. This makes mp3 commerce more viable. In addition, ringtones and ringbacks are already proven business models. So, why not start with that and allow your fans to purchase this immediately?

I definitely like BandCamp as business concept. I think there are a lot of opportunities for other startups to pursue.

Related:
Startup Idea #94 (Part 1): Helping independents to earn a living
Startup Idea #94 (Part 2): Helping independents to earn a living