How to make money on Audible Today in 7 Easy Steps - Dr Think Smart

How to make money on Audible Today in 7 Easy Steps

Do you want to earn a passive income?

Are you confused about how to make money on Audible? Then you are in the right place.

I will give you a step-by-step guide with actionable strategies to generate passive income and also to maximize your earnings on this Audible platform.

This is possible even if you are an affiliate marketer, an aspiring narrator, or an author looking to monetize your voice.

But before we go into the details of the Audible platform, let me ask you a question:

Do you know that Audible offers a wide range of opportunities for individuals to make money? 

It is not limited to affiliate marketing or narrating audiobooks or publishing your own books. Generally, people find it difficult to spend time to read books. Here is the role of audible books.

Since you have a variety of books from short stories to thriller mysteries and also a vast library of categories it is easy to promote Audible and make money.

This Audible platform is available both for consumers and also for creators.

How to Setup Amazon Audible Account:

Audible offers a 30-day free trial when you first sign up which has a large collection of audiobooks. You can sign up for an account by entering your basic details. If you already have an Amazon account then you can sign in with the same account
  1. If you have a website,          then you can Sign Up here https://affiliate-program.amazon.com/ and enter your website information.
  2. If you do not have a website, but you have social media  then you can sign up here >> https://affiliate-program.amazon.com /influencers
  3. After signing up you can check all your links, banners and images to promote the Audible platform here >> https://affiliate-program.amazon.com/ microsite/ offers

Audible Creator Program:

If you have a website or social media following or if you are a podcaster then you have to join the Audible Creator Program. As an affiliate, you will get paid whenever somebody signs up for the free Audible trial with your affiliate link every time through the Audible Creator Program and Amazon Associates.

How can you Promote the Audible Creator Affiliate Program?

You can promote this Audible Creator Program by just offering your readers a free audiobook and a free trial to the Audible membership.

When your reader signs up with your link you make $15 easily.

If you have a social media following, then just share some free audiobooks suitable for your readers and ask them to sign up for a one-month free trial.

If you are on YouTube or podcaster, then create content on this platform and give your viewers a free offer, so they can sign up for free.

Become an Audible narrator through the ACX platform

Can you read aloud clearly and have good narration skills to hold the reader’s attention?

You don’t have to write a book to be a narrator.

You can make money on the Audible ACX (Audiobook Creation Exchange) platform by reading aloud books and recording it. 

This is similar to voice acting, and narrating a book in a comfortable.

You have to share a part of the royalties of your Audible sales with the book’s author. 

How to Become an Audible Narrator?

You need a good microphone, a calm environment, and basic editing and recording software.

Amazon ACX is the best platform to find authors and narrators to connect with easily.

Create your profile as a narrator, then add samples of your voice and impress your authors. Your profile has to showcase your unique voice, talent, and versatility as a narrator.

Select different book genres and bring characters to life by including samples of different characters and voices.

Later you have to record high-quality audio samples.

Now you can submit your voice at https://www.acx.com/ts

If an author is interested in your voice, they will connect and start narrating.

Publish audiobooks on the Audible platform.

If you publish your own audiobook on Audible, you’ll earn money on sales. You will also have the option of earning more by converting your listeners to Audible subscribers. Yes. As we have seen above you can narrate a book as a narrator and if you can publish a book then it’s awesome.  You can narrate your own book which you have written.

How to earn money on Audible ACX?

  1. If you can narrate your book then earn all your money, if not you can also hire a narrator for your book and share your royalties.
  2. Don’t think you can write a book? No problem. Just have a ghostwriter it for you.
  3. You can also join the ACX Bounty Referral program after publishing your first audiobook.
  • Note:  1. You have to include relevant keywords in the metadata of your audiobook. 
  • This can be like the author’s name, genre, and narrator’s name. 
  • This is because it helps you to increase the traffic for your audiobook.

Publish your Podcast on Audible

This is where you can have your podcast published in Audible. You may think now how to make money on audible by podcasting.

You can submit your original podcasting and if Audible selects your podcast, they will even offer $10000 award to develop your idea.

By following these tips and consistent efforts, you’ll be able to make it big by making money on Audible Affiliate Program!

How to money on the Audible Affiliate Program

This is another way to monetize on Audible through the Audible affiliate program. As an affiliate, you can earn commissions just by promoting Audible free memberships and even free audiobooks to your audience. Let me explain to you how it works:

First Sign up for the Audible affiliate program through the official website.

Then create a unique affiliate link or banners for you to share with your audience.

Also promote and embed these links or banners in your website, blog, or social media platforms.

Now start making money by referral commissions, when your reader signs up for Audible through your affiliate link or sometimes even purchases an audiobook using your link.

How to make money on Audible as an Affiliate?

  1. When your reader signs up for a free 30-day subscription plan then you will get paid $5.
  2. If your reader subscribes to any premium membership through your link then you will get paid $10.
  3. If your reader purchases any audible audiobook then you will get paid $ 50.

Audible ACX Bounty Programs

The Audible Bounty Program generally helps the authors to make additional money.

When you enroll in this ACX Bounty Program, you can earn a bounty for each new Audible member who signs up for a free trial and listens to your audiobook.

You can divert new readers to your audiobook and ask them to try Audible.

Later just by participating in the Bounty Programs, you can significantly boost your audiobook royalties and also increase your overall profit from audiobooks.

This Audible ACX Bounty program is another affiliate program by which authors of the audiobook can earn a commission by promoting their audiobooks on their website.

This audible ACX program enables the audiobook authors to make money from audible by converting their subscribers.

When your readers buy your Audible book from your link, you earn a commission.

You can also make money on Audible by becoming a narrator and by sharing the royalty of about $50.

Audible Author Central

Audible Author Central is a complete dashboard in which you can manage your account as an audiobook author.

It also allows you to create and customize your author profile, add photos and biographies, and also helps to engage with your audience through Q&A sessions.

With this dashboard you can also track your sales and review your performance and access your valuable insights about your audiobook’s success.

Also this tool is so powerful that you can even strengthen your brand, connect with your readers, and also maximize your earnings on Audible.

Conclusion

My final words on making money on Audible is that it is possible for authors and narrators if you can invest time and effort.

By investing time in creating a compelling narration portfolio, auditioning for audiobook projects, and also taking advantage of the Audible affiliate program, you can make a stable income as a narrator.

Remember, creating a great audiobook is only the beginning. 

By actively marketing and promoting your audiobook on Audible through eye-catching cover art, social media engagement, and targeted advertising, you can generate buzz and drive sales, increasing your passive income and overall earnings.

Lastly, use features such as Whispersync, ACX Bounty Programs, and also Audible Author Central to improve the opportunities to engage with your audience and earn revenue from them.

So why wait? Start your journey on Audible today and tap into the financial opportunities and potential for generating passive income that await you on this popular audiobook platform.

FAQs on How To Make Money on Audible

Yes, anyone can make money on Audible. when you are a narrator or an author you can monetize your audiobooks. You don’t need to be a publisher or a narrator to earn money on Audible. You can make a commission even by affiliate marketing.

Audiobook royalties on Audible are generally based on a percentage of total sales. They also vary depending on the pricing and also distribution options you choose.

You have to become an Audible narrator to monetize your voice on Audible. You have to create a narrator profile in different categories and genres. Try to explore your narrating skill make an income out of it.

You can create and publish audiobooks on Audible in two ways. Either if you can publish your own work then well and good. Or you can hire a ghost writer to do it for you. Its a one time investment and optimize your audiobook description and keywords for discoverability.

No, there is no cost to publish audiobooks on ACX Audible. It’s a free platform which allow authors and narrators to collaborate and create audiobooks.

The commission rate varies based on the product or service you promote, but it can range from 5% to 10%.

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You’ll usually find me constantly learning new things and reading a lot! I quit my 9-5 job to pursue my passion in blogging and turn this journey into a full -time creator. Now  I help creators to build their way. I am just a normal mompreneur who is more obsessed about building her own place online. Travel with me to grow your online business journey.  

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