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Entrepreneurship

3 Surprising Ways to Make Money on Audible

Nexlevelbusiness
Last updated: 2024/09/28 at 9:26 PM
Nexlevelbusiness
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Audible, over the span of nearly three decades, has emerged as a prominent name in the online audiobook arena. Listen to any podcasts lately? You’ll likely hear the familiar tune of an Audible endorsement.

Contents
Understanding AudibleThree Effective Strategies to Profit from Audible1. Venture into the Audible Affiliate Realm2. Craft Your Personal Audiobook3. Embark as an Audiobook NarratorWrap Up

It’s not just coincidence or preference – it’s a lucrative opportunity. Numerous online platforms are leveraging Audible’s popularity to their advantage, and there’s potential for you to do the same. This article will uncover ways you can earn from Audible and highlight why it’s a prospective avenue for additional income.

Understanding Audible

Audible stands as a digital library, offering an extensive collection of audiobooks for the passionate reader. Founded in 1995, its offerings have broadened to not only encompass a plethora of audiobooks but also an array of podcasts.

Subscription to Audible is tier-based. Depending on the plan, subscribers receive a designated number of credits, renewable either monthly or annually. These credits can be swapped for audiobooks. Once you’ve made your pick, simply tune in through the Audible app on your smart device, and you’re good to go.

A notable mention: If you’re an Amazon Prime member, you automatically get perks related to Audible!

Three Effective Strategies to Profit from Audible

1. Venture into the Audible Affiliate Realm

Affiliate marketing with Audible can be a beneficial venture, particularly for those who have a substantial online following. Ever noticed your favorite digital creators pushing for Audible? There’s a strategy in play, and you can emulate that.

Begin by joining the Audible Creator Program, essentially Audible’s Affiliate initiative. Post-registration, you can broadcast your unique URL, encouraging your audience to opt for Audible’s 30-day trial. The perks? Your audience receives a complimentary audiobook for trying Audible, while you pocket a $15 commission for every successful trial registration.

If you’re already affiliated with Amazon Associate Program, you can effortlessly promote Audible. Each successful free trial fetches you $5, and a Gold Digital Membership sign-up grants you $10. Plus, for individual audiobook purchases, you earn 50 cents per book.

2. Craft Your Personal Audiobook

If you’ve harbored aspirations of releasing your own book, why not in audio form? Should you have an original story or even a self-published book, offering an audio rendition can be a game-changer.

Transitioning from print to audio is straightforward, courtesy of the ACX platform, a joint venture of Audible and Amazon. ACX, short for Audiobook Creation Exchange, connects authors, narrators, and publishers, fostering the creation of audiobooks.

Handy Hint: Not inclined to pen down your story? Engage a freelance author to do the heavy lifting. Your primary task? Zero in on a compelling topic.

For those who have an audio rendition ready, ACX simplifies the process of making it available across leading platforms like Audible, Amazon, and iTunes. Depending on your preference, ACX presents diverse earnings and pricing structures. Moreover, they extend resources to aid in promoting your audiobooks post-launch.

3. Embark as an Audiobook Narrator

Blessed with a captivating voice? Capitalize on it by becoming an audiobook narrator. Initial essentials include a superior microphone, a reliable computer, and a serene recording environment. A noteworthy platform to commence your vocal journey is ACX.

Apart from catering to authors and publishers, ACX is a treasure trove for aspiring voice artists. Currently, ACX showcases close to 800 titles, awaiting voice talents. There are alternative platforms like Voices.com and even Fiverr to further your voice career.

If you find auditions challenging, consider lending your voice to public domain books. Though monetary gains might be slim, the experience is invaluable. It helps acquaint you with the nitty-gritty of audiobook production, and you walk away with voice samples for future auditions. LibriVox is an ideal platform to embark on this route.

Wrap Up

In wrapping up, Audible presents a multitude of opportunities for those willing to dive deep. Whether you’re a creator, an influencer, or someone with a mellifluous voice, there’s potential for everyone. All it takes is the right strategy and a sprinkle of determination.

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Nexlevelbusiness
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TAGGED: Audible, Audiobooks, Making Money, Top Methods

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