5 Ways To Make Money on Audible: An Easy Guide

Audiobooks have become increasingly popular in recent years, and Audible is one of the leading platforms for listening to them.

While many people use Audible as a convenient way to enjoy books, it can also be a source of income for those who know how to tap into its potential. Whether you’re an author, a narrator, or simply someone with a knack for finding opportunities, there are several ways to earn money through Audible.

In this article, we’ll explore 5 straightforward methods to make money on Audible, allowing you to turn your love for books or your creative talents into a profitable side hustle.

How To Make Money on Audible?

1. Join The Audible Affiliate Program

Do you spend time creating videos, blog posts, or social media content? If so, you can earn extra money by promoting audiobooks through the Audible Affiliate Program.

Audiobooks are digital audio recordings of books that people can listen to on their phones, computers, or other devices. They’re popular because they allow people to enjoy books while doing other activities like driving, exercising, or doing chores.

The Audible Affiliate Program lets you earn commissions by recommending Audible, which is a service that provides audiobooks. Here’s how it works:

1. You sign up for the Affiliate Program and get a special link or code.
2. You share that link or code with your followers or audience, such as by posting it on your website, or social media, or mentioning it in your videos.
3. When someone clicks your link and signs up for Audible, you earn a commission on their purchase.

It’s a simple way to make some extra money by promoting a service that your audience might find useful. And since audiobooks are growing in popularity, recommending them could be a great fit for your content.

2. Become an Audible Narrator

If you have a great speaking voice and enjoy reading out loud, you can make money by narrating audiobooks for Audible. Audible is a really popular service where people can buy and listen to audiobooks on their phones, tablets, or computers.

Authors and publishers use Audible to turn their books into audiobooks that people can listen to. That’s where narrators like you and me come in. Through Audible’s platform called ACX, we can connect directly with authors who need someone to narrate and record their books.

Getting started is pretty straightforward. First, you create a profile on ACX showcasing your voice talents. Think of it like a resume, where you can upload voice samples, list your experience, and show off any accents or character voices you can do. Make this profile look impressive since authors will use it to decide if they want to hire you.

Once your profile is ready, you can browse through all the book listings on ACX that need narrators.

There are books in every genre you can imagine – fiction, non-fiction, romance, mystery, you name it. When you find a book you’re interested in, you can audition for it by submitting a short narration sample to the author. If they like what they hear, you could get hired to narrate the whole book.

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3. Publish Your Own Book Own Audible

Are you an author with stories you’re excited to share with the world? Have you ever thought about turning your books into audiobooks that people can listen to? If so, you should definitely look into publishing your audiobooks on Audible!

Audible is an extremely popular platform where millions of people go to purchase and listen to audiobooks. As an author, it gives you an amazing opportunity to reach a huge new audience of listeners.

And here’s the really great part – you can actually earn money every time someone buys the audiobook version of your story on Audible. How cool is that? You put all that hard work into writing your book, and now there’s a way for you to get paid for it over and over again.

The process is pretty straightforward too. You can either narrate the audiobook yourself by recording your own voice, or you can hire a professional narrator to do it for you. Once the audio files are ready, you submit everything through Audible’s system and make your book available on their site.

Then whenever an Audible member purchases your audiobook, you earn royalty payments directly into your account. It’s an excellent way for authors to create another income stream from the same book.

4. Participate In The ACX Bounty Program

Let me explain the ACX Bounty Program in a simple, straightforward way:

If you’re an author or you own the rights to a book, ACX (Audible’s audiobook creation platform) has a really cool program that can earn you some extra money.

It’s called the Bounty Program, and here’s how it works:

Instead of paying a narrator an upfront fee to record your audiobook, you can opt for a “royalty share” deal. This means the narrator gets a percentage of the royalties every time your audiobook sells, rather than getting paid all at once.

By choosing this royalty share option, ACX will give you a $50 bounty payment as a reward, and thanks for embracing that collaborative model.

But it gets better! The narrator you hire also gets a $25 bounty from ACX just for taking on the royalty share gig.

So in total, that’s $75 in bounties paid out just for you and the narrator partnering up in this royalty-share arrangement for your audiobook.

The idea is that by sharing royalties, you both have an incentive to make the best audiobook possible that really sells well. The more it sells, the more you each earn in royalties over time.

And ACX is so excited about this collaborative model, that they’re willing to pay out those bounties to encourage it!

It’s a really neat way for authors to reduce upfront costs while still working with talented narrators. And those bounties are just a nice extra reward on top of the royalties you could earn from your successful audiobook.

5. Offer Audiobook Production Services

Audiobooks are becoming incredibly popular these days. More and more people are loving the ability to listen to books while commuting, exercising, or doing chores around the house. This massive growth in audiobook listeners has created lots of exciting money-making opportunities for folks with certain production skills.

If you have a knack for narration and reading out loud, you can get paid to be the voice that brings authors’ books to life in audio form. Having a clear, engaging speaking voice is hugely valuable in this line of work.

But narration isn’t the only skill that authors need help with. If you’re good at audio editing, you can make money by cleaning up and polishing the narration files. Things like removing unwanted noises, adjusting volumes, and adding effects. Editing is crucial for creating a smooth, professional-sounding audiobook.

Or maybe sound design and engineering is your forte. Authors are often willing to pay for talented people who can add music, ambient sounds, or special audio elements to their audiobooks to increase the production value.

No matter which of these skills you possess, there is a massive demand from authors and publishers looking for experts to help turn their written stories into amazing audiobook experiences. And they’re willing to pay good money for high-quality work.

How To Sign up For The Audible Creator Program?

To join the Audible Creator Program, follow these steps:

1. Go to the Audible Creator Program website. You can find it by searching online.
2. On the website, look for the “Sign Up” button and click on it.
3. Fill out the form with information about your podcast, your audience, and your content quality.
4. Submit the completed form.
5. Wait for Audible to review your application. If approved, they will email you from AudibleTrial.com with next steps.
6. Once approved, you can start telling your audience about Audible’s free 30-day trial. Share your custom URL so they can sign up using your link. You’ll earn $15 for each person who signs up through your link.

By following these simple steps, you can join the program and earn money by promoting Audible’s free trial to your podcast listeners.

What Are The Different Audible Subscription Plans?

Audible offers several subscription plans with varying benefits and costs:

Audible Plus

• $7.95/month after free 30-day trial
• Unlimited listening to the Plus Catalog of audiobooks, Audible Originals, and podcasts
• No credits included

Audible Premium Plus

• $14.95/month after free 30-day trial for 1 credit per month
• $22.95/month after free 30-day trial for 2 credits per month
• Includes the Plus Catalog
• 1 or 2 credits per month to redeem for any title in the premium selection
• 30% discount on additional premium selection titles

Audible Premium Plus Annual

• $149.50/year for 12 credits
• $229.50/year for 24 credits
• Includes the Plus Catalog
• 12 or 24 credits per year to redeem for any title in the premium selection
• 30% discount on additional premium selection titles

Benefits of Audible For Authors

Audible has some good things for authors:

1. Money from Sales: Audible gives authors a good share of money from audiobook sales. Authors get 40% of the money if they only sell on Audible. If they also sell elsewhere, they get 25% of the money from Audible sales.
2. More People Can Find Your Books: Putting your books on Audible as audiobooks means more people can find and enjoy your work. Some people prefer listening to books instead of reading them.
3. Another Way to Make Money: Audiobooks on Audible give authors a new way to earn money from their writing, in addition to regular book sales.
4. Helping More People Access Books: Audiobooks make it easier for people with reading difficulties or vision problems to enjoy books. This allows authors to reach even more readers.
5. Improving Language Skills: Recording audiobooks can help authors get better at speaking clearly, pronouncing words correctly, and understanding language. This can make them better writers too.

What Are The Requirements To Become an Audiobook Narrator on Audible?

Acting Background

Having some acting experience is very important for audiobook narration. This is because you need to bring characters to life and tell stories, just like an actor does on stage or in movies.

Voice Skills

You must be able to change your voice to sound like different characters. This includes using different accents, and dialects, and making each character sound distinct.

Narration Experience and Home Studio

Before approaching major publishers, you should practice your narration skills and set up a home studio for recording. Some experience in voice-over work or narration is also helpful. You’ll need to learn audio editing techniques.

Industry Knowledge and Networking

Stay up-to-date on the audiobook industry by reading publications like AudioFile. Connect with other voice actors to learn from their experiences. Continuously work on improving your narration abilities.

Technical Requirements

When producing audiobooks for Audible, your audio files must meet specific technical specifications related to file length, audio levels, noise floor, file format, and encoding requirements. Make sure to familiarize yourself with these guidelines.

FAQs About Making Money on Audible

Final Thoughts

Making money on Audible is a great way for people who love to tell stories to earn money. Audible is a big platform that helps people from all over the world find and listen to audiobooks. To make money on Audible, you need to find a topic that many people are interested in and make your audiobooks very good. When you do this, more people will listen to your stories, and they will keep coming back for more.