How to Make Money on Audible: 7 Proven Methods for Authors, Narrators, and Affiliate Marketers

    Audible is a popular platform for audiobook lovers. With its extensive library of audiobooks, it has become a go-to platform for book enthusiasts who prefer listening to reading. But did you know that Audible can also be a source of income? In this article, we will discuss various ways to make money on Audible.

1. Create Audiobooks on ACX

ACX is an Amazon-owned platform that connects audiobook narrators, producers, and authors with each other. If you have a book that you want to convert into an audiobook, you can use ACX to find a narrator and producer. Once the audiobook is produced, it can be sold on Audible and other platforms, and you can earn royalties on each sale.

To create an audiobook on ACX, you need to sign up as an author or a narrator. If you are an author, you can upload your book on ACX and start looking for a narrator and producer. If you are a narrator, you can audition for available projects and get hired by authors. ACX offers two royalty options for authors: exclusive and non-exclusive. With the exclusive option, you can earn up to 40% royalties on each sale, while with the non-exclusive option, you can earn up to 25% royalties.

2. Monetize Your Podcast on Audible

If you have a podcast, you can monetize it on Audible by using the Audible Affiliate Program. This program allows you to earn commissions on each sale of Audible audiobooks that are recommended by you. To participate in this program, you need to sign up as an Audible Affiliate and promote Audible audiobooks on your podcast.

Audible offers a commission of up to 10% on each sale made through your affiliate link. To maximize your earnings, you can recommend audiobooks that are relevant to your podcast topic and audience. You can also feature Audible in your podcast episodes and encourage your listeners to sign up for Audible.

3. Sell Audiobook Narration Services

If you have a good voice and narration skills, you can sell your services as a narrator on Audible. Many authors and publishers are looking for talented narrators to produce their audiobooks. You can use platforms like Fiverr and Upwork to find audiobook narration gigs.

Once you have produced an audiobook, you can sell it on Audible and other platforms and earn royalties. You can also promote your audiobook narration services on social media and freelance marketplaces to attract more clients.

4. Promote Your Brand on Audible

If you have a business or a personal brand, you can promote it on Audible by creating audiobooks related to your niche. For example, if you are a marketing consultant, you can create an audiobook on marketing tips and strategies. This will not only help you establish yourself as an authority in your niche but also drive traffic to your website and social media profiles.

You can also use Audible to promote your existing products and services. For example, if you have an online course, you can create an audiobook version of it and sell it on Audible. This will help you reach a new audience and generate more revenue.

5. Write Book Reviews on Audible

If you love reading audiobooks, you can earn money by writing book reviews on Audible. Audible has a program called the Audible Bounty Program that pays you for writing reviews of audiobooks. For each review that meets the program requirements, you can earn $1 or more.

To participate in the Audible Bounty Program, you need to sign up as an Audible member and opt-in to the program. Once you have opted in, you can browse the list of eligible audiobooks and choose the ones you want to review. After listening to the audiobook, you need to write a review that meets the program guidelines and submit it for approval.

The Audible Bounty Program is a great way to earn money while indulging in your love for audiobooks. It also helps other listeners make informed decisions about the audiobooks they want to purchase.

6. Participate in the Audible Narrator Referral Program

The Audible Narrator Referral Program is a program that rewards current narrators for referring new narrators to Audible. If you are a current narrator on Audible, you can earn up to $1000 for referring new narrators who sign up and produce audiobooks on Audible.

To participate in the program, you need to fill out a referral form and submit it to Audible. If the referred narrator is accepted and produces an audiobook on Audible, you will receive a referral bonus.

7. Promote Audible Membership

Audible offers a membership program that allows members to access a wide selection of audiobooks at discounted prices. As an Audible member, you can earn money by promoting Audible membership to your audience. You can use social media, email marketing, and other channels to promote Audible membership and earn commissions on each sign-up.

Audible offers a commission of up to $15 for each sign-up made through your affiliate link. To maximize your earnings, you can create content that promotes Audible membership, such as reviews of popular audiobooks and recommendations for new listeners.

Also read : How to Withdraw Your Audible Royalties

Conclusion

Audible offers a variety of ways to make money, from creating audiobooks to promoting Audible membership. By leveraging the platform's features and programs, you can earn royalties, commissions, and referral bonuses. Whether you are an author, narrator, podcaster, or business owner, Audible can be a valuable source of income and exposure. So, start exploring the possibilities and see how you can make money on Audible.