Easy Ways to Make Money with Audible

Looking to make some extra cash with Audible? There are two main routes to explore: content creation and affiliate marketing. Let’s break it down!

Simple Strategies to Earn Money with Audible

Audible, the beloved platform for audiobooks and podcasts, has been captivating listeners since 1995. After being acquired by Amazon in 2008, Audible now reaches over 180 countries and supports 47 languages, with an extensive library that keeps people coming back for more.

But here’s the question: Can you actually make money on Audible? Absolutely! Whether you’re exploring a side hustle or just looking to diversify your income, Audible offers some profitable opportunities. The secret lies in focusing on two key areas—content creation and affiliate marketing.

How to Earn with Audible Content Creation

1. Narrate Audiobooks:

Want to lend your voice to storytelling? Through Audible’s Audiobook Creation Exchange (ACX), you can connect with authors, agents, and publishers to narrate books. There are different ways to get paid:

Pay-for-production: Get a flat fee for your narration work.
Royalty share: Earn a percentage of each audiobook sale.
Royalty share plus: Enjoy a flat fee upfront and ongoing royalties.

With potential earnings of up to 40% in royalties, narrating could be a lucrative gig!

2. Create Your Own Audiobook:

If you’ve got content ready to share, why not produce your own audiobook? It’s a great way to earn royalties, especially if you already have an audience through a blog or social media. But even without one, you can still succeed by tapping into niche communities online. For example, if you’re a pro at decluttering, create an audiobook on organizing tips and promote it in relevant social media groups. Not only do you earn royalties, but you could also score up to $75 per new Audible member through the Bounty Referral Program.

3. Audible Podcast Development Program:

Got a podcast idea? Audible’s Podcast Development Program offers a $10,000 commission to bring your concept to life, covering production costs and providing top-notch resources. Keep an eye on Audible’s site for updates on the next submission window.

How to Make Money with Audible Affiliate Marketing

Affiliate marketing is all about promoting products and earning commissions on sales. Audible has two affiliate programs that can help you earn:

1. Amazon Associates Program:

Join Amazon’s affiliate program to promote Audible and other products, like travel essentials if you’re a travel blogger. Here’s the fee structure:

Audible Gold membership: $10
Audible free trial membership: $5
Audible audiobook purchase: 50 cents

2. Creator Program:

If you’re a podcaster, the Audible Creator Program could be your ticket to extra income. Promote Audible’s 30-day free trial to your audience, and earn $15 for each successful signup. Commissions are paid monthly, as long as you hit the $30 payout threshold.

With these strategies, making money on Audible is not only possible but also accessible to anyone willing to dive in!