Audible is a popular audiobook and podcast platform that is owned by Amazon. Audible allows users to listen to a wide range of audiobooks, podcasts, and other audio content on their devices. The platform has over 200 million active users as of 2021, making it one of the most popular audio platforms in the world.
But did you know that you can also make money with Audible?
In this blog post, we will take a detailed look at the different ways that you can earn money on the Audible platform, including through Audible royalties, audiobook production, and podcasting.
3 Easy Ways To Make Money with Audible
One of the primary ways that authors and content creators can make money with Audible is through royalties. Whenever a user listens to an audiobook or podcast on Audible, the creator of the content is entitled to a small royalty payment. These payments are collected by Audible and distributed to the rights holders of the content, which can include the author, narrator, and publisher.
The exact amount of the royalty payment depends on several factors, including the length of the audiobook, the country where the audiobook is listened to, and the type of subscription the user has (free or premium). On average, an author or narrator can earn between $0.004 and $0.006 per minute of audio listened to on Audible, which can add up to a significant amount over time.
To earn royalties on Audible, authors and narrators must first sign up for an Audible account. This account allows authors and narrators to track their royalty payments, view their listening data, and promote their content to Audible users. It also allows authors and narrators to earn royalties on Audible if they release their content on the platform.
In addition to earning royalties on their own content, authors and narrators can also make money with Audible through audiobook production. Many authors and publishers choose to create audiobooks of their written works, which allows them to reach a wider audience and generate additional income.
Audible offers a range of services to help authors and narrators produce their audiobooks, including narration, editing, and distribution. These services are typically paid for by the author or publisher and can provide Audible with a significant source of revenue.
To create an audiobook on Audible, authors and narrators must first sign up for an Audible account and submit their content for review. If the content is approved, the author or narrator can then work with Audible to produce the audiobook and make it available for purchase on the platform.
In addition to audiobooks, Audible also offers a platform for podcasts. Podcasts are audio programs that are typically focused on a specific topic or genre and are available for download or streaming on platforms such as Audible. Podcasts can be a popular and engaging format for content creators and can provide a significant source of income.
Audible offers a range of services to help podcast creators produce and distribute their content, including hosting, editing, and promotion. These services are typically paid for by the podcast creator and can provide Audible with additional revenue.
To create a podcast on Audible, content creators must first sign up for an Audible account and submit their podcast for review. If the podcast is approved, the creator can then work with Audible to produce and distribute the podcast on the platform.
In conclusion, there are many ways to make money with Audible, including through royalties, audiobook production, and podcasting. Whether you are an author or narrator looking to earn income from your written or spoken content, or a content creator looking to produce and distribute podcasts on the Audible platform, there are opportunities to make money with Audible. By signing up for an Audible account and using the platform to promote and distribute your content, you can earn money from your passion for storytelling and help to support your career in the content creation industry.