Nowadays, everybody knows Audible, the world’s largest selection of audiobooks and podcasts; many of us use it daily as a customer. But when we talk about making money on Aubile, you might wonder how. That is the point we want to talk about today because many writers, bloggers, and influencers are trying to develop their brands or use other great opportunities on Audible to make money. If you think this could be an amazing opportunity for you and your business, don’t waste your time and go deeper to find the best and most effective way to make money.
How Does Audible Work?
If you wish to make money on Audible, some essential points will help you be more successful, such as:
- You can make money through the ACX platform as a narrator with an attractive voice.
- You can publish your audiobook about the audience and earn money for the sale.
- You should turn your listeners into audible subscribers to make more money.
While you have all these points in mind, it is good to have a little more information about ACX (Audiobook Creation Exchange) as a bridge between aspiring authors, publishers, and talented narrators. If you want to make money on Audible, the first point you should consider is that ACX is a dynamic and innovative platform that offers a unique market for audiobook makers who want to work together and tell fascinating stories through the power of narrative and make money. This platform offers different services, like:
- Matching services for writers and narrators
- Quality control and verification of sound quality before sale
- Delivery of the book to the audible store, Amazon and Apple
- Calculate and pay for the book’s rights
And always remember this point the amount of money you make through this way will seriously depend on the amount of work and how to plan and implement your strategy.
How to make money on audible? (4 Ways)
When you search for ways to make money on Audible, you will find more than four ways, but not all are great. So, we have searched a lot and chosen the below four methods as the best options. And you can read the details of each one in this paragraph.
The first and the most obvious way is to create your audiobook if you are a creative person with an artistic mind. No matter what subject you choose, from stories to non-fiction. And be sure that you will be successful so long as there is a market for it. There are two ways to reach this goal; in the first place, you have a lot of money and no time, so you hire someone to do the job professionally for you. On the other hand, you might be among people who have time and no money, so they have to make the content, record, and edit audio files by themselves. Finally, if you decide to create your audiobook and sell it for about $15 to $25, follow the below steps:
- Search for a profitable keyword:
The most helpful tip at this level is to find something that users are interested in learning about and has a decent number of searches. So, spend as much time as you need at this level and be sure it will secure your success.
- Hire a professional writer:
If you are a writer and want to write your book alone, this point is not for you. But if you are among that group who has money, not the writing talent, you can think about outsourcing the work and ask for help from Ghostwriters or websites like Fiverr, Upwork, and ProBlogger.
- Make an interesting cover:
If you don’t have any experience in graphic design and have a challenge at this level, it is not a big deal because you can simply hire a freelancer from the above-mentioned sites, and they will create your book cover as you wish for a few dollars.
- Find a Narrator:
Some people may want to do this themselves, but others might not be sure that their voice is perfect for this goal, so they can hire a narrator to do this level. Amazon makes it easy through ACX, where you can choose your favorite person among a large number of experienced narrators.
- Publish it in audible and advertise:
Finally, it is time to publish your product on Audible and promote it as you can. For example, ACX offers you 50 promotional codes to give your friends and family so that they can load your book for free. Also, you can introduce your book to others through various ways, like using your blog, YouTube channel, podcast, social media pages, and email.
Affiliate Marketing is one of the most trend and easiest ways to make money in today’s world. In this strategy, you promote the products or services of other people to your audience anywhere you can like your blogs, social media, email, and more, and get your commission if it results in a sale. If you are interested in this money-making method, simply go to Audible’s website and sign up as an affiliate. Then, you will receive a dependent link to add to your content. And the below tips help you become more successful in this field:
- Provide the best value to your listeners:
Audible is the digital book leading provider and a perfect sponsor that could offer what matches your listeners’ interests. So, spend a few moments and find the best option for your listeners among millions of books.
- Offer a free trial to your audiences:
We all like to get things free, so you can use your free 30-day trial membership and provide more relevant books to readers. And don’t forget to add your affiliate link when you write articles on your blog or mention a book on Youtube.
Sell the audible products and services:
Before, we talked about selling your audiobook, but that’s not all. You can also sell Audible products and services, like the audio versions of books, eBooks, or other products and services on the platform. The biggest advantage of this method, compared to selling your books, is that there is no need to upgrade anything. Create your account, record your voice, upload it to the operating system, and receive a commission for each sale.
Become a Narrator:
If you have an interesting voice and like to read books, the best way to earn money on Audible is to sign up on ACX, make a profile, and start offering your talent for reading out loud. Based on statistics, more than 2,700 books are published every day, so you can be sure that always there are authors who need narrators to record their audiobooks. As a narrator, you should know that there are three ways to make money:
- For each hour (PFH): Get a flat fee for the entire book.
- Copyright Share: Divide the rights with the book right holder or author.
- Royalty Share Plus: It is a mix of PFH and Royalty Share.
If you want to know about the average salary of an Audible narrator, you should know that it will be between $500 to $5,000 per month based on the topic and length of the book and your performance as a narrator.
If you are a fan of books, you know about Audible, and previously, we explained all about how you can make money through your interest and this famous audiobook platform, like narrating a book, doing affiliate marketing, selling your audio products even if they are not books, and creating professional audiobooks. Also, we have mentioned some details like the average salary of these jobs and helpful tricks to become more successful. But if you read them all and still have a question not answered, you can check the Audible official site and contact their support team. Also, we will be happy to read your experiences below.
- How Do I Get Paid to Read Audiobooks?
There are different ways to get paid to read books aloud, and one of the most popular ones is Audiobook Creative Exchange (ACX). But there are other options, like Voices, Spoken Realms, Voice Jungle, VO Planet, and more.
- How Much Do Audible Narrators Get Paid?
It would be different based on various points, like the way you choose to be paid, but as a general example, beginners would earn about $ 50 to $ 100 PFH, while seasonal narrators can expect between $ 200 and $ 400 PFH.