How To Make Money With Amazon Audible (Complete Guide)

Making $1000 of dollars with Audible might sound like a dream but many people are making a fortune doing it! So how to make money with Amazon Audible and what is the best way to make money and is the question on everyones lips, what can we do to take part in the thousands of dollars out there and get us a profitable side hustle? Lets find out in this article!

As some of you know who follow my blog, I focus alot on making books for Amazon KDP and it is going really well but every day that passes I notice that it is getting harder and harder but Amazon Audible still feels like it haven’t been discovered by as many yet!

So how to make money with Amazon Audible, what are the main ways to make money?

Become an Audible narrator
Publish your own audiobooks
Affiliate marketing
Podcasting
Sponsored content

In this article I am going to explain everything you need to know so you can start your journey making money on Audible today so continue reading!

What is Amazon Audible?

Amazon Audible is a service offered by Amazon that allows users to purchase and listen to audiobooks. most users can purchase individual audiobooks or sign up for a subscription service that allows them to listen to a certain number of books per month and one of the best tings is taht audible audiobooks can be played on a variety of devices, including smartphones, tablets, and personal computers.

How To Become an Audiobook Narrator?

There is no specific education or background required to become an audiobook narrator, but having relevant training or experience can help and that is why I want to tell you about a few things you can study or tell you about different backgrounds that can be helpful for becoming an audiobook narrator:

Voice acting – Taking classes or workshops on voice acting or public speaking can help you develop the skills you need to narrate audiobooks.
Acting – Having an acting background can help you bring characters and stories to life in a more authentic way.
Audio production – Learning about audio production can help you understand the technical side of audiobook narration, such as how to set up and use recording equipment and how to edit audio.
Linguistics, literature, or storytelling – Having a background in linguistics, literature, or storytelling can help you understand the structure and meaning of the texts you’ll be narrating, and how to convey that meaning to the listener.
Communication or language – If you are good at communication or language it can help you understand the nuances of how language is used, and how to convey meaning through your voice.
Other related fields – Having experience in fields such as radio or podcasting, or a background in music or performing arts, can also be beneficial for becoming an audiobook narrator.

It’s worth noting that, although having a background or training in these fields can be helpful, it is not a requirement to become an audiobook narrator and one of the most important thing is to have a good speaking voice and the willingness to develop your skills and improve your craft.
With times to success you know!

What Skills Do You Need to Become an Audiobook Narrator?

So lets talk about what different skills you need to become an audiobook narrator, or not particularly what you need but what skills are good to have or know, and lets face it if we dont have the best voice or we have practiced our speach we wont be able to deliver good audio right?

Voice acting skills
As an audiobook narrator, you’ll need to be able to read and interpret the written word in a way that is engaging and easy to listen to but you also need to be able to convey emotion, character, and meaning through your voice.
Audio production skills
You’ll need to be able to record and edit your audiobook recordings to a high standard because this includes setting up your recording equipment, ensuring good sound quality, and editing out any mistakes or background noise.
Acting skills
You’ll need to be able to bring a book to life by giving voice to the characters and bringing out the emotions in the story.
Time management and attention to detail
Audiobook narration is a time-consuming process, you need to be able to manage your time effectively and pay attention to detail to ensure that your recordings are of the highest quality.
Self-motivation and discipline
Audiobook narration can be a self-employed job, you will be working on your own, so you’ll need to be self-motivated and disciplined to stay on track and meet deadlines.
Flexibility
Audiobook narration requires a lot of flexibility, you will be narrating different types of books, genres, and styles, and you’ll need to adjust your voice and performance accordingly.
Technical skills
You’ll need to be familiar with the equipment and software used in audio production, such as microphones, audio editing software, and the guidelines and best practices of the industry.

Having all these skills is not necessary but having a good number of them and continuous improvement will give you an edge in the industry, and will increase your chances of succeding on the battlefield!

Can You Make Money From Audible?

So you want to know, can you make money from Audible and is it possible?

When visitors to your site click on a link to Audible and make a purchase or sign up for a membership, you will earn a fixed advertising fee (bounty) and the program is free to join and offers detailed reporting to help you monitor and improve your earnings over time. It’s important to note that, as an affiliate you will be paid only for the eligible purchases made by the customers you refer, and you must comply with the terms and conditions set by Amazon Associates Program Operating Agreement.

Calculation Example:

If you sell 50 products a month through your custom URL and get a $15 commission for each one, you would earn 50 * $15 = $750 in commission.
As the payment threshold is $30, you will be paid $750 each month.

But remember that is comes down to the price, for a $19.95 audiobook, you earn $4.15 royalty.

How To Make Money With Amazon Audible

There is several ways to make money and all of them have different potential but all are good and offers different ways to make money so one should be perfect for you, so how to make money with amazon audible?

Become an Audible narrator:

If you have a good speaking voice and some experience with audio production, you can apply to become an Audible narrator and Audible pays narrators a flat fee for each audiobook they narrate, and the amount may vary depending on the length and complexity of the book, but on average it can be around $300 to $350 per finished hour of audio. You need a good quality microphone and a quiet recording space, and you’ll have to go through Audible’s audition process before you can start narrating and I would actually recommend this option for people with experience in voice acting or public speaking.

Earning Potential:

When you’re just starting out as an audiobook narrator, you can expect to be paid a rate of between $10 and $100 per finished hour (PFH) and as you gain more experience, your rate may increase to between $100 and $350 per finished hour.

Publish your own audiobooks:

If you are an author or have a book you would like to make into an audiobook, you can publish your own audiobook on Audible and you will earn royalties on each audiobook sold, which can range from 20-40% of the retail price, depending on the pricing of your audiobook but you wil also need to narrate and produce the audiobook yourself, or hire a narrator and producer to do it for you. This option may be best for authors or publishers who want to expand their reach and monetize their existing content.

Earning Potential:

When a subscriber purchases additional books from the same author, the average commission is 40% of the list price but if the author and narrator/producer agree to shared royalties, the commission drops to 20%. While commissions may fluctuate, the increased visibility and exposure gained through each sale can lead to higher royalties for future audiobooks produced.

Affiliate marketing:

You can promote Audible through your website or social media channels and earn a commission on each sale made through your unique affiliate link and with commissions typically ranging from 4-8% of the sale, you woöö need to have a website or social media following to promote Audible to, and you’ll need to comply with Amazon’s affiliate terms and conditions. This option may be best for bloggers, vloggers, or social media influencers who have a large audience interested in audiobooks.

Earning Potential:

The Amazon Associates program is an affiliate marketing program that allows website owners and bloggers to earn advertising fees by promoting Audible products and services on their site so when a visitor clicks on a link to an Audible product or service on the publisher’s website and makes a purchase or signs up for a membership, the publisher earns a fixed advertising fee, also known as a “bounty.”

For example: If a website owner promotes an Audible Gold Digital Membership and a visitor clicks on the link and signs up for a membership, the website owner would earn a $10.00 bounty but if the same visitor then purchases an a la carte audiobook, the website owner would earn an additional $0.50 bounty.

It’s free to join the program and the Amazon provides detailed reports to help publishers monitor and improve their earnings over time.

Podcasting:

You could create a podcast that’s based on a book or a series, Audible has a feature where you could include Audible affiliate link in your show notes, this way you could earn a commission on each sale made through your link and those commissions typically range from 4-8% of the sale. You’ll need to have a good quality microphone and a quiet recording space, and you’ll need to comply with Amazon’s affiliate terms and conditions.

Earning Potential:

Same as affiliate marketing.

How Do I Make an Audiobook Step-by-Step?

So you decided that you want to make a audibook on Audible but you don’t know how to do it and you want some help, let me guide you with this step-by-step guide!

Create an account on Audible and log in.
Gather the materials you will need to create your audiobook, including a manuscript, a recording device, and a quiet space to record.
Record your audiobook using the recording device of your choice and make sure to record in a quiet space with minimal background noise.
Edit your recording to remove any unwanted sounds or mistakes.
Export your recording as an MP3 file.
Log in to your Audible account and navigate to the “Create an Audiobook” page.
Fill out the required information for your audiobook, including the title, author, and cover art.
Upload your MP3 file to the “Create an Audiobook” page.
Review and submit your audiobook for review and Audible will review your audiobook to ensure it meets their standards before it is made available for purchase.
Once your audiobook is approved, it will be made available for purchase on Audible.

Sidenote: Audible is a Amazon company and they have a specific guideline that authors need to follow to make their audiobooks available on audible and they may have strict policies on sound quality, narration style, and other technical aspects of the audiobook.

Top Audiobook Categories

You might be wondering what the top audibook categories are, well I have done my research and looked through Audible and found the top categories and want to share them with you here, maybe they will give some inspiration to what categories you should go after when you start your money making train!

Autobiographies & Memoirs – These types of books consistently appear on bestseller lists.

Mystery – The allure of unsolved cases and intrigue continues to captivate audiences.

Thriller/Suspense – These fast-paced, high-stakes tales remain popular among listeners.

Fantasy – The world of magic and imagination continues to be a favorite among audiobook enthusiasts.

Science Fiction – The future and technology continue to inspire and fascinate listeners.

Business and Money – Personal finance and professional development continue to be in-demand topics.

Pros and Cons

Pros:

Large audience: Amazon Audible has a large audience of listeners, which can potentially increase your revenue by making your audiobook available to a wider audience.
Easy to use: Audible’s platform is easy to use and navigate, making it simple for you to upload your audiobook and make it available for purchase.
High revenue potential: If your audiobook becomes popular, you can earn significant revenue from sales on Audible.
Royalties: Audible pays royalties to authors, which means you can earn money from your audiobook even if you don’t sell many copies.
Audible ACX: Amazon’s Audiobook Creation Exchange (ACX) is a marketplace for authors and narrators to find each other and create audiobooks together.

Cons:

Competition: There is a lot of competition on Audible, so it can be difficult to make your audiobook stand out and generate sales.
Quality standards: Audible has strict quality standards, so if your audiobook doesn’t meet their requirements, it may not be accepted for sale.
Royalty rate: Audible’s royalty rate is lower than some other audiobook platforms, which can make it less profitable for authors.
Audible Exclusive: If you sign up with Audible exclusive, you will not be able to sell your audiobook on other platforms.
Long process: Creating an audiobook can be a long process, and it may take some time before you start seeing any significant revenue from your sales on Audible.

Conclusion

I hope this article answered the question, how to make money with Amazon Audible and can you make money from Audible, if you didnt get the answer in the test let me sum it up for you. Yes, it is possible to make money on Audible and there is actually quite high profit of doing audiobooks so you should definitely try it out!

Related:

How To Make Money With Amazon Audible (Complete Guide)

What is Amazon Audible?

How To Become an Audiobook Narrator?

What Skills Do You Need to Become an Audiobook Narrator?

Can You Make Money From Audible?