How To Make Money On Audible? Find Out In Our 2023 Update Review!

What Is Audible?

Audible, owned by Amazon, is offering podcasts and audiobooks services.

With more than 3,000,000 audiobook titles ranging from much-loved classics to fresh releases and original podcasts, Audible is the world’s largest producer and seller of audiobooks.

Audible is considered superior to other audiobook distributors like iTunes and Google Play with an impressive group of celebrity and professional narrators and a wide array of unique features.

Audible offers a free 30-day trial with a free audiobook. The audiobook could be one of the classics or an Audible original. If after 30 days, you decide Audible is not for you, you can cancel your membership. Otherwise, you can buy a monthly subscription to Audible.

The price of the Audible membership plan ranges from $22.95 per month to $229.50 per year, depending on your monthly plan.

What Is Audible Self-Publishing Platform?

Audiobook Creation Exchange or ACX is the self-publishing platform of Audible. Working on ACX is as simple as signing up, claiming your book, filling out the details, and uploading the files.

ACX website also offers the following services:

• A matching service for authors and narrators.

• The quality control and approval of audio quality before sale on Audible.

• Delivery of the book to Audible, Apple Store, and Amazon.

• Calculation and payment of royalties.

No need to worry about the navigation! ACX exists to make you feel at home.

How Can I Produce Audio Files For My Audiobook?

In Audible, you have two options when it comes to Audiobook production. These are:

Recording An Audiobook Yourself

In this option, you will need the proper equipment and software to narrate your book, which will cost you less than $200.

Next, you have to allot time to edit your audio files. You listen to the entire book and examine each audio file. You can now upload your audiobook after you fix and re-record the poor audio spots.

Hiring A Professional Narrator To Record Your Audiobook

In this option, you will hire a professional narrator for a finished audio recording of your book. ACX has a database that can connect you to professional narrators.

The cost to have your audiobook produced by a professional depends on the length of your audiobook. Many ACX actors accept an upfront fee of no less than $250 per finished hour of audiobook projects. I recommend using $225-$300 for the per finished hour cost to calculate the narrator cost.

Choose the right audiobook production deal for you in Audible!

How Can I Sell Audiobooks On Amazon?

In Audible, the best platform to sell audiobooks is through ACX.

With ACX, you have the option to sell books exclusively on Amazon, iTunes, and Audible and receive 40% of the royalties. Otherwise, you have the option to choose the non-exclusive distribution of your audio books and receive 25% of the royalties. In this option, you cannot split royalties with the producer.

Selling books on Amazon saved many authors from income crash. This might work for you, too!

How Much Can I Make By Selling Audiobooks On My Amazon Account?

Audiobook production takes courage, skills, talent, and money. But if you have all, you definitely need to try making audiobooks.

Nowadays, sales of audiobooks are booming! As per Audio Publishers Association, the audiobook industry has reached double-digit revenue growth since 2012.

It does sound tempting – having your own account where you can operate the Audible Creator Program, as your very own audiobook narrator. All sorts of other spoken word entertainment, your own audio content, narrating audiobooks or other Audible products in general…

…sounds almost too good to be true.

According to some authors who self-published in Audible, you can earn at least $1,102 in one month if you hit the goal of selling 1,000 audiobooks in a month.

However, your income will still depend on the number of audiobooks you sell. One of the best ways to do this is to market your audiobooks through different promotion strategies.

Customer Reviews:

One user loves Audible:

1. “I love audible- I don’t think there’s anything more worth it. It has helped me read at least 2x more books, you’re able to read wherever you go instead of needing to be sitting on a train or on your couch, you can listen when you’re cooking, when you’re walking, working out, etc. I’ve tried Scribd which is like a Netflix for books with a lot of audiobooks there as well but the selection just isn’t available. Half the time I’d look for an audiobook on their site, it wasn’t available

2. audible- Free trial before going to premium plans anyone can try audible

3. Not expensive in comparison to physical books for the most part – your Audible credit would just be about $15 CAD a month, so if you’re reading a lot of books less than that, then it’s more expensive but I find that most physical books are around the same price range, if not more expensive

4. You need to be strategic with the types of audiobooks that you listen to. I find that good fiction stories and autobiographies are great in audio form but I’m not going to listen to a historical or political analysis, or a textbook on nutrition book via audio; different mediums for different content.”

Others noticed some seedy behavior:

“Has anyone noticed obvious fake reviews on Audible?

I bought the new X-Files audio drama last week (http://www.audible.com.au/pd/Sci-Fi-Fantasy/The-X-Files-Cold-Cases-Audiobook/B06Y4CXRCV) and it was quite frankly, terrible. What’s interesting is that a week after it’s release is that the audible.com.au reviews are fairly negative, but the US and UK ones are overwhemingly positive. What’s more, a lot of reviews sound like blatant ads. Check out this one on the UK reviews:

“What a great return to form! I enjoyed every second of this audio play and I can’t wait for part 2 to come out in October. All the old characters are back, but are they really who they appear to be? There are a few old stories wrapped up and new ones begun. This is one story that really goes up to 11!”

Or this;

“One of the best ideas ever!!!!” What made the experience of listening to The X-Files: Cold Cases the most enjoyable? The original actors as their characters

What did you like best about this story? Mulder and Scully are romantically involved

Have you listened to any of the narrators’s other performances? How does this one compare? Yes, this is one of the best

Did you have an emotional reaction to this book? Did it make you laugh or cry? Of course, it made me so happy! i feel like a child on christmas day tbh, it made me cry of happines

Any additional comments? I love this audiobook, thank you so much to whoever idea this was i seriously can’t thank you enough and i can’t wait for the new audiobook!! october 3rd!!

Is this a case where they didn’t get fake accounts for Australia and so missed spamming that section with fake reviews? Pretty crappy if Audible is letting this kind of thing through. I guess if they really are fake reviews, who is paying them? The publisher is audible studios.”

Another customer:

“To answer your question.

NO. Most libraries will carry the books you want.

Most libraries have them in both E-book and CD versions as well so you don’t even have to stop by the library to grab your book. And backing up the .mp3 files from their download and keeping them past the lend period is not difficult at all.

In the end the choice is clear.

Do you want to pay ~15.00 a month to download 1 book per month, and be forced to listen to them on propriatary spyware?

-or-

Do you want to get a free library card and download as many books as you like in a month for free and be able to play them on any device, with any player you choose?”

Here’s another review:

“Is the Audible app any good?

The most common way you will enjoy Audible is via the app. It’s a clean, simple and multi-featured experience that takes almost all the pain out of enjoying audiobooks. Locating purchased audiobooks from Audible, or audiobooks on your device already, is a breeze. The app is super stable, with barely any complaints from users.

In truth, there’s nothing here you shouldn’t expect on alternative services, too. There’s only one disappointment; you cannot buy audiobooks directly through the app. This is unfortunately typical across audiobook services, but you’d hope Amazon – if anyone – would be able to get that happening. The best you can do is add an audiobook to your wish list, then jump to the website to confirm the transaction.

So, what features can you expect on the Audible app?

• Syncing across devices, so you can bookmark your position and pick up where you left off on different devices

• Sleep mode timer

• Variable playback speeds

• Badge reward system for completed listens

• Chapter jumps

• Button free mode

• Newsfeed

• Whispersync support

• Downloads for offline use

• Car Mode

What devices does Audible work on?

Audible likes to keep everything in house. While some other services are happy for you to listen to your audiobooks through any number of third-party playback devices, Audible wants you to listen through its gateways. Thankfully, Audible’s device compatibility is solid.

The Audible app is available on iOS, Android and Windows smartphones and tablets, which also comes with a Car Mode feature should you have a compatible stereo in your vehicle. You can access your account and your files through Kindle and Alexa-enabled devices, such as Fire TV. Sonos is also listed as a compatible device. You can connect your Audible account to Sonos via the Sonos app.

Can you listen to Audible on Kindle eReaders in Australia?

No, you can’t. It’s a great frustration as Amazon has acknowledged that Kindle eReaders are capable of playing Audible, but in Australia the audible.com.au store is not integrated with the system. Yet, at least.

Can you listen to Audible on Kindle eReaders in other countries?

You can, however, listen to Audible on a Kindle overseas. The process is most simple on the eighth generation Kindle or the Kindle Oasis (Gen 8 and 9). On these devices, your Audible account is connected to the Kindle and you can not only access audiobooks on the device, but also purchase them. You’ll want to connect a set of headphones to the device via Bluetooth to ensure you hear it.

Compatibility with older Kindle devices is strong, but not comprehensive. The Kindle Paperwhite (5th, 6th and 7th Gen), Kindle (7th Gen) and Kindle Voyage are not compatible with Audible. All other Kindle eReaders are.

Is Audible free with Amazon Prime?

Unfortunately, no. You do not get access to an Audible membership with your Amazon Prime membership. However, they’re not completely separated. The problem is, the depth of the connection between Amazon Prime and Audible changes in each territory and tends to shift over time. Currently in Australia there is no audiobooks content included with Amazon Prime. In the USA, however, the Prime Reading inclusion does allow you to enjoy unlimited listens of audiobooks, as long as they are a companion to one of the 1000+ Kindle ebooks also free on Prime.

In short, don’t get Amazon Prime just for audiobooks. However, if you do have Amazon Prime anyway, then you can expect the odd deal or even some content to come your way.

My Verdict On Audible?

Audible offers a wonderful service for self-publishing authors.

Audible self-publishing service is legit. In fact, the ACX website offers a complete guide for self-publishing from producing to distributing. It also provides different options to choose from.

Self-publishing is made easy in Audible by providing all the support you need for smooth sailing.”

Is Audible A Scam?

So, is selling on audible a scam?

Not technically.

You can make money with this program, but it’s definitely not as easy as they make it sound. 

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – it doesn’t scale.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well…that’s not a great deal, is it?

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Real Estate. 

And you can legitimately do this from anywhere. It’s a true lifestyle business. 

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

• A camper in the middle of the woods

• A beach chair on the water in Mexico

• A small villa in Greece

They’re able to travel around, living their lives first, and focusing on their income second. 

Because even if they stop working for an extended period of time, the money keeps coming in. 

So adventure, memories, and experience are the top priority. 

And they never have to worry about how to pay for the next trip, or consider asking for time off. 

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.

Update

If you’ve been one of the existing audible members for any of time you probably have experienced some perks like their audible free trial, automatically renew, variable narration speeds, the ability to listen offline, as well as switch devices.

For full membership price, with your amazon account browse listen to the audiobook market. Amazon prime members can create one other audible account and enjoy the other audible membership benefits.

If you’re trying to make money with audible though, it’s much tougher than you’d think. Competition is everywhere and the money isn’t all that worth it.

That’s why we still have digital real estate as our #1 recommendation.

Are There Alternatives To Audible?

Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:

• Local Lead Generation

• Digital Real Estate

• SEO

• Real Estate

• Website Building

What Is Our #1 Way To Make Money Online In 2023?

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Real Estate is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t. 

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. 

This is only possible if you have an income stream that’s not tied to your time.

2) You Own & Control EVERYTHING: With audiobook publishing, you don’t really own anything. You have no control over the quality of products. You don’t even own your “business”.

Look at the fine print for most of the agreements folks sign when they join one of these companies. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Real Estate, you own the assets, which means you have all the power and all the control.

3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work. 

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum. 

If you wanted to double your income with Sell On Audible, you’d probably need to double the number of hours you spend working. Because, again, this program doesn’t scale.

5) Make Money Helping Real People: With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses. 

You make money by helping them make money. 

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. 

Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Now, the choice is yours. You could continue browsing, looking at opportunities like Selling On Audible which could one day make you money.

You could continue researching, never making a decision. 

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. 

All while genuinely helping real people who are grateful and happy to pay for it. 

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.