Sell On Audible (2022 Update): Best Ways To Make Money On Audible – And Our #1 Recommendation!

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Updated: March 02

By: Scam Risk - Expert Reviewer

Make Money On Audible Review

Sell On Audible: Introduction

What if you can be paid by reading your favorite books?

Have you ever thought about what it would take to sell on audible? 

Audible claims it’s possible!

So, you have what it takes to earn from Audible? Let’s find out in this review.

But, if you want to really build wealth online, (to the tune of $40,000 PER MONTH), check out our #1 recommendation.

Before we get started, I want to be totally up front, so… 

DISCLAIMER:
This Sell On Audible review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.

Table of Contents

Pros: What I Liked

  • Audible is known worldwide, which opens chances for more sales.
  • ACX provides full support and a complete guide to authors.
  • There is a free 30-day trial subscription.
The Good

Cons: What I Didn't Like

  • Making audiobooks takes a lot of time.
  • I need to invest a large amount of money.
  • Sales are not guaranteed.
The Bad

Audible – like most Amazon programs – wants you to believe you can build and run a successful audio book business that’s automated, profitable, and generates cash around the clock in less than 90 days…

With just a couple hundred dollars invested…

Sounds a little too good to be true, huh?

Look, as far as most online businesses go, you could do a lot worse than to sell on Audible.

But does that mean it’s the best solution for you?

That’s what we’ll find out in this Sell On Audible review.

The biggest things you have to consider here are:

  • Inventory Management
  • Product Selection
  • Time to Profit

While you can make good money with Audible, it’s not as easy or simple as most course creators make it sound. Let’s break these 3 down real fast:

123

1) Inventory Management: If you’re doing an FBA business, the promise is that you don’t need to worry at all about inventory, because Amazon takes care of packing, shipping, customer service, etc.

However, you still need to get products to Amazon. And Amazon has very strict rules all sellers have to follow when preparing products for their warehouses.

This includes packaging, labeling, and registering products in their system. If you’re preparing all products yourself, you’ll spend a TON of time on this step (potentially 4-5 hours a day). So if you’re looking for a passive, automated business that runs itself, this might not be the best fit.

Now, yes, you can hire an Amazon prep center to do all this for you, but that eats into your margins. And remember that Amazon takes around 30-40% in fees for using the FBA program, so your profits are pretty tight to begin with.

With Audible, you really don’t have to worry about inventory. 

2) Product Selection: E-commerce is a cyclical business. “Hot” products are always going in and out of fashion, which means, as an Amazon seller, you constantly need to be on the lookout for the next big thing.

That means monitoring trends, searching for products that might be popular down the line, and constantly in a rat race to – essentially – predict the future.

Sure, you can play in the evergreen market (things people always need and buy), but how much profit margin are you really going to get on meal prep containers, rubber spatulas, and golf umbrellas? Especially when there are hundreds of thousands of other sellers all swimming in that same ocean.

And because you’re constantly hunting for new hot products to sell, that takes up all the valuable time you could be using to travel, explore, read, surf, hike, or whatever else.

3) Time To Profit: Now, this isn’t the slowest turnaround time, but if you think you can put a dollar into inventory today and come out with two tomorrow, you’re sadly mistaken. From the time you first buy products to sell, you could be looking at anywhere from 4-12 weeks before you see a dollar come back.

And it could take twice as long before you break even.

Now, that’s not terrible, but what if you could start building a different (non-Amazon) income stream today, and see your first profits tomorrow?

passive income

What if you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Inventory
  • Low margins
  • Constantly looking for the next hot product

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day packing, prepping, and researching?

TESTIMONIAL - STILL GETTING PAID

If that sounds like something you’d be interested in, check out Digital Real Estate.

However, if you’d still like to know more about how to sell on Audible, keep reading…

What Is Audible?

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 Membership Plan

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?

Audible Self-Publishing Industry

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?

Audiobook Production

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?

Selling Audiobooks Through Various Audiobook Distributors

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?

How Much Money Can You Make

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.

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.

My Verdict On Audible?

Is Self-Publishing In Audible Legit

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?

audio files

Audible is hardly a scam. It offers legit audiobook services to both authors and readers.

However, earning money in Audible is not for everyone. If your audiobook did not get popular there’s no guarantee that you can even get an ROI.

So, is Audible a scam? Not technically. You can make money with this, but it’s definitely not as easy as Amazon makes it sound.

There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.

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 15% profit on a $12 product (which comes out to $1.80), it’s not really worth 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 (recurring revenue)?

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, unlike with Amazon FBA, 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

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

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.

Are There Alternatives To Audible?

alternatives

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:

What Is My Top Recommendation For Making Money Online In 2022?

Digital Real Estate

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.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With Amazon FBA, you don’t really own anything. Yes, you technically own the products before you send them into an Amazon warehouse, but that’s it.

You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.

Not to mention, Amazon can literally shut you down at any time if they believe you’ve violated their constantly changing terms of service.

So you’re building a business that could be completely taken away from you in the blink of an eye.

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

TESTIMONIAL - FEELING BLESSED

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.

TESTIMONIAL - LANCE LEAD GEN

4) No Inventory: As mentioned above, spending 4-5 hours a day prepping and packing products to send to Amazon is a huge time commitment.

Plus, you constantly need to be buying new products if you want to maintain your business. You need to spend even more money if you want to scale up.

With physical products, you’ll always have limits on your time and freedom.

With Digital Real Estate, a 100% online business, you never have to worry about that.

TESTIMONIAL - SCOTT LEAD GEN

5) 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 Amazon FBA, you’d have to double your inventory OR your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - ANNA DONE DEAL

6) Make Money Helping Real People: This part is what makes it all worth it. Amazon FBA is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.

After all, there’s always someone else selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.

With Digital Real Estate though, 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.

TESTIMONIAL - BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like 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.

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