Quick Answer: How Do Authors Make Money From Audible?

Do Audiobooks make money?

Audiobooks are a profitable industry.

According to a recent study conducted by Pew Research, almost 20 percent of Americans listen to audiobooks.

Because the cost to convert a book into an audiobook is low, the profit margin for audiobooks is on the higher side..

Can you make money on audible?

Depending on the distribution rights granted to Audible, authors, publishers, and other Rights Holders, as well as narrators, studio professionals, and other Producers can earn royalties of up to 40%.

How much should I charge for an audiobook?

It’s no surprise that an audiobook version of a book title costs much more than its ebook edition. In most cases, it’s also more expensive than a paperback or even hardcover. The usual price of an audiobook edition is between $20 and $30. It’s twice as much as the cost of a Kindle or paperback edition.

How do you audition for audible?

If you’re interested in becoming an audiobook narrator, please email readers@audible.com and include: Two-minute MP3 clip of your audiobook narration (i.e., not commercials or radio demos) List of books you’ve narrated, if any. Indicate which, if any, are being sold on Audible.com.

How much profit do authors make per book?

On average, traditional publishers pay authors around $1.25 per book in royalties. So if your book sells for $20, you earn just over a buck. You don’t have to be a mathematician to know that you have to sell a ton of books to actually make decent revenues with a traditional publisher.

How do you make money from audiobooks?

There are a couple ways you can get paid as a freelance audiobook narrator. You could you get paid a flat rate or hourly to narrate other people’s books. You could also make money through royalty shares. “If the title is 10 hours long, you get paid an hourly rate based on the finished hours.

How long does it take to narrate an audiobook?

How Long Does it Take to Narrate an Audiobook? It takes between five and ten minutes to record 1,000 words, depending on how fast you speak. And expect to spend at least an hour recording and/or editing for every 15 minutes of audio.

How do I become an audiobook narrator?

How To Become An Audiobook NarratorPractice reading out loud, but make it sound as if you are NOT reading.Make a recording of your voice.Learn to breathe from your diaphragm instead of your chest.Try small parts acting in skits while staying in character.Take acting lessons or voice lessons.More items…•

How can I earn through Internet?

Here are a few online platforms, websites and tools that can help you earn money online.Freelancing. … Starting your own website. … Affiliate marketing. … Surveys, searches and reviews. … Virtual assistantship. … Language translating. … Online tutoring. … Social media management, strategy.More items…•

Making audiobooks is never illegal. The legality factor enters when you make them available to the public (i.e., publish them), whether you sell them or give them away for free. … This legislation is fairly complex and varies from one country to the next; it’s your responsibility as publisher to make sure you comply.

How much money do audible narrators make?

IT PAYS WELL. Even for newcomers, narrating audiobooks is a lucrative line of work. According to Business Insider, voiceover artists just starting out can expect to earn $100 for each hour of finished audio. For industry veterans, those figures can reach up to $500 for a completed hour.

Can you self publish on audible?

Self-published authors can create their own audiobooks with the help of a growing community at Audiobook Creation Exchange. … If you want to join the program, you can find all the information at the ACX author page. The process begins when you confirm your book through Audible.

Who is the best audiobook narrator?

21 Incredible (and Prolific) Audiobook NarratorsMacLeod Andrews. One of my favorite things about audiobooks is the way a good narrator can create a voice for a character that I never would have imagined myself. … Cassandra Campbell. … Orlagh Cassidy. … Kevin R. … Dion Graham. … Holter Graham. … Jennifer Ikeda. … JD Jackson.More items…•

Do audiobook narrators get royalties?

A. Most Audiobook Narrators Opt for Full-Buyout Over Royalties. Most audiobooks are structured as a ‘full-buyout,’ which means that you wholly own the rights to the recording and as such, are not required to pay the narrator royalties derived from future sales.