Should You Publish Audiobooks On Audible?

The trend towards audiobooks is a promising one. If you want to sell your book, it is wise to make the most of this sales channel and utilize every possible avenue for promotion so that more people buy your books.

“How to publish on audible” is a question that has been asked many times. The answer is yes, you should. Audiobooks are an excellent way to reach new audiences and earn money from your work. Read more in detail here: how to publish on audible.

Should You Publish Audiobooks On Audible?

@selfpubwithdale

Are you considering making money from audiobooks? You may have noticed some of these YouTube advertisements touting the new and better method to earn money on Amazon. That you can simply outsource everything, put it on Audible, and go around Thailand while royalties roll in? And maybe you’ve laid aside some funds and are contemplating purchasing a course, completing it, and starting your own audiobook company. But first, you thought you’d do one final search. And now you’ve arrived.

NEXT: How Does This Compare To Audiobook Publishing?

So, how about we go through the advantages and disadvantages quickly? You’ll know if audiobook publishing is right for you by the conclusion of this page. To compile this list, I interviewed a number of audiobook specialists and supporters. Especially the dashing guy in the photos, called Dale from the podcast The Self-Publishing With Dale. The first benefit is that it isn’t even close to being inundated. Few people are aware of it, and even fewer engage in it.

Whereas, millions of individuals are attempting to generate money via Amazon FBA, Shopify dropshipping, and other methods. Another advantage is the price. You probably don’t have tens of thousands of dollars to invest if you’re an entrepreneur who wasn’t born with a silver spoon in your mouth. That’s how much you’ll need to get started with the entire private label stuff. Audible audiobooks, on the other hand, allow you to start with a grand or less.

Another advantage of audiobooks is their perceived worth. People recognize the importance of audio. They’ll spend fifteen or twenty dollars for an excellent audiobook, despite the fact that a Kindle eBook costs just 99 cents. Isn’t that a huge difference in margins? Audiobooks have a convenience element, thus consumers are willing to pay a premium for them. They also understand that a professionally produced audiobook has a greater production cost.

Self Publishing Advocate

Audiobooks are, maybe most importantly, digital goods. You may sell it an endless number of times without incurring additional costs after it’s been created. And if you make them on themes that are evergreen, they may pay you month after month for years. Is there, however, such a thing as a perfect business? Anyone who tells you differently is most likely attempting to sell you something. If I’m being really honest, it’s probably a course for $1,997.

So, what are the drawbacks? The most apparent is that getting them made is a pain in the neck. It’ll need a lot of preparation, as well as paying other people and waiting for them to deliver. Second, other individuals can easily duplicate your winning audiobooks. They have the ability to rip your subject, title, cover art, listing, and pretty much anything else. It’s annoying, but it’s all part of the game. The third disadvantage is that there is a scarcity of relevant knowledge, tools, services, and actual authority in this field. As a result, whatever is offered will be more expensive.

The most significant disadvantage is that Amazon controls almost the entire audiobook market. Audible accounts for over 90% of all audiobook sales. So you have no option but to establish your company there? What’s more worse is that Amazon has a history of aggressively banning its own affiliates, retailers, and publishers for minor offenses. Or there was no violation at all; they just got it incorrect. And if you think Jeff Bezos worries if your ten thousand dollar monthly salary vanished suddenly, think again. So there you go.

TRENDING: A Smarter Way To Make Extra Cash

Should-You-Publish-Audiobooks-On-Audible Katie Smith: Watch this brief video if you want someone who will tell it like it is, respect your time, and show you a company that could really work for you.

Audiobooks are a popular way to earn money. If you want to publish audiobooks on Audible, you will need to decide whether or not it is worth your time. Reference: audiobook publishing.