by Staff Writer February 1, 2023
Reaching a wider audience is possible if you wish to self-publish, through the use of Audible. It can help authors get their stories heard and shared by a more significant number of people, thereby increasing the visibility of their work.
Established in 1995, Audible is the leading producer and merchant of audiobooks around the globe, as well as various types of spoken-word entertainment. As a subsidiary of Amazon, it has become one of the most popular ways for people to enjoy their favorite books, podcasts, and audio dramas. Audible is a great platform for independent content creators to self-publish and sell audiobooks. With Audible, you can reach an audience of listeners interested in buying your audiobook. Plus, selling your audiobook on Audible is a great way to make extra money.
If you want to self-publish a book on Audible, there are a few things you need to do. First, create an account on the site. Once you have an account, you can upload your book. Be sure that your book is in a format that Audible can use, such as MP3 or WAV. Once your book is uploaded, you can set a price and make it available for purchase. Audible will review your book to decide whether self-publishing it would be beneficial. By reviewing your work, they are ensuring that your book is high quality. If your book is accepted for publication, it will be made available for sale on Audible.com and other websites affiliated with Audible. This will give your book greater visibility and make it more accessible to potential readers.
The Cost to Self-Publish Your Book on Audible
Amazon made audiobooks available to a broader audience by partnering with ACX, a platform that distributes audiobooks to Audible and iTunes. By using ACX, Amazon was able to offer audiobooks on a variety of venues, making them more accessible to potential listeners. Uploading your finished audiobook to ACX is a simple process, taking only a few minutes. Once approved, it can be found on Audible, Amazon, and iTunes.
To compute how much your audiobook might cost, consider the average hourly rate of narrators and multiply it by the duration of your recording. On average, most narrators charge between $200 and $300 per hour. Therefore, if your audiobook is 10 hours long, it would cost between $2,000 and $3,000 to produce. If you want to save money, you can try to find a narrator who charges less per hour.
In the past, authors who published books typically made between $0.50 and $2 per book. This relatively low income was often offset by many authors publishing multiple books throughout their careers. Today, a book can cost anywhere from a few dollars to several thousand dollars. based on many factors, including the quality of the writing, illustrations, and binding, as well as how marketable it is.
Authors who sell their books can receive significant advances, typically in the six-figure range. In addition to the advance, authors also receive royalties, which are payments based on sales. To prepare their work for publication, authors usually hire a professional editor. It is essential to hire a proofreader when publishing reviews, to ensure accuracy and quality. The cost of an index can range from $50-$2,000, depending on the book’s length.
A wide range of software is available to format books for those wanting to DIY, with prices ranging from just $0.09 up to $249.99. Creating a book cover can also cost anywhere from $200 to $3,000 depending on the level of design required. If you’re looking for a third option for indexing your book, you may consider hiring a professional book indexing service like Brookfield Indexing. Brookfield has a team of experienced indexers who can create a detailed and accurate index for your book.
In comparison to traditional publishing, authors who choose to self-publish usually spend less money on marketing their books. The cost of publishing a book in the United States typically ranges from $500 to $5,000, while the price of self-publishing is often much lower. This difference is because traditional publishers typically invest more money in marketing and promoting their books.
Self-Published Authors’ Guide To The Business Of Audiobooks
Audiobook Creation Exchange (ACX) is a great community for self-published authors who want to learn how to make audiobooks. ACX provides resources, support, and advice from experienced professionals to help authors create high-quality audiobooks. In addition, ACX offers a marketplace where authors can sell their audiobooks to a broad audience of listeners.
Creating an audiobook can range from $5,000 to $6,000, and the finished product typically takes 12 hours to complete. Due to their size, longer books usually incur a higher cost of production. Audio royalties, or revenue generated from physical/digital audio recordings, differ from royalties generated by Audible, with the latter increasing when the audiobook is exclusive to Audible. This difference can be significant and is one of the key reasons why many authors make their audiobooks available exclusively on Audible.
If an author decides to make their audiobooks available on multiple platforms, they will only receive a quarter of the royalties from sales. This is significantly less than the 70% that authors receive when selling their audiobooks through a single platform. Audible is a great way to save money on books. If you were to pay the total price for the book, you would end up paying far more. With a Whispersync deal, the author would earn far more than if they had just sold the book for $7.49. Audiobook production can be a great way to make money, but you should keep in mind that it will cost you money. You will need to invest in high-quality recording equipment and software, and you will also need to pay someone to edit and master your recordings.
Things You Need to Create an Audiobook
You will need three things if you want to make an audiobook: a microphone, recording software, and a computer with a sound card. A microphone is necessary so that you can record your voice. You will also need recording software so that you can edit your recordings and put them all together into one file. Lastly, you will need a computer with a sound card so that you can play back your recordings and export them into the desired format.
How to Self-Publish an Audiobook
There are a few things you need to do if you have a book that you would like to turn into an audiobook. First, you’ll need to find an audiobook publisher willing to invest in your project. Once you’ve found a publisher, you’ll need to create an audio recording of your book. This can be done by hiring a professional narrator, or by recording yourself reading the book. Once the audio file has been created, you will need to submit it to the publisher for approval. Once approved, the audiobook will be made available for purchase on various online retailers. As creatives, we have the extraordinary chance to capitalize on the ever-increasing requirement for audio content in multiple formats. Several companies allow you to publish your audiobook on your own.
When choosing a narrator for your project, you get to decide whether to pay them in full or if you prefer to split the royalties among them. When working with a highly experienced narrator, it is often worth paying them in full upfront to ensure that they provide the best possible performance. However, if you are working with a less experienced narrator, splitting the royalties may be a more cost-effective option.
If you choose to go with a self-narration or a narrator at the final hourly rate, your options for contract negotiation will have some limitations. This could result in you not having access to other international markets, such as Kobo Audio, Scribd, Storytel, and more. As an exclusive ACX member, you cannot distribute library content. But, as the ACX audiobook ecosystem grows, you may be able to make more money from it than from ACX royalties. This could allow you to create a larger audience for your work and potentially earn more income in the long run.
Requirements to Self-Publish with Audible
Audible requests that any submissions be in an audio file format and shorter than 90 minutes. Also, Audible asks for a summary of the content included in the offer.
Audiobook rights are typically granted by the author, publisher, and/or producer of the audio version of the book. In some cases, they are granted by another entity, such as the copyright holder or the owner. Rights may include various permitted uses: performance, broadcasting on radio and television, public performance (e.g., theater), translation into foreign languages for publication in countries other than where first published, and further adaptation as a live dramatic presentation.
In 2019, audiobook sales increased by 16%. This marks the eighth consecutive year of double-digit growth for audiobooks. Authors typically pay to have their books recorded, in addition to paying for production costs. This payment model likely contributes to the overall increase in the popularity of audiobooks.
If you are not satisfied with your book or think it does not deserve to be an audiobook, you can request that the rights be reverted to you. This means that you will have full control over your book and what happens to it. You can either keep it as is, make changes to it, or even choose to self-publish it. When you create an audiobook, you must take steps to ensure that you secure the rights to the recording. This typically involves working with a recording company or producer who will hold the copyright to the resulting sound recording.
If you want to use your sound recording commercially, you must first obtain a master-use license. This will allow you to use the recording for business purposes and will help ensure that you do not run into any legal issues later on. If you’re feeling creative, you can write, perform and record your music. Rather than obtaining permission from a record label to use it, you’ll simply be responsible for taking care of it yourself.
Audiobook Production Services
Audiobook production services can help make creating an audiobook more efficient, enjoyable, and accessible for both authors and listeners. By providing high-quality recordings of books, these services can help to increase the popularity and reach of audiobooks. In addition, they can also offer author consultations to ensure that each book has accurate representation in audio form. Ultimately, audiobook production services provide a valuable service to the literary community by making it easier for great works of literature to reach a wider audience.
Depending on the length of the book, the number of narrators needed, the cost to self-publish and audiobook production can range from a few hundred dollars to several thousand.
What is the Optimal Length for an Audiobook?
On the one hand, audiobooks can be relatively short, while on the other hand, they can take a long time to listen to if they are particularly long. For example, one can finish an audiobook that is only 20,000 words relatively quickly, while one that is 80,000 words would take considerably longer to get through. It all depends on how fast the reader speaks and how much time the listener has to dedicate to listening to the audiobook.
We hope you found this article helpful and that it has given you the confidence and knowledge you need to start to self-publish your books to Audible. Creating and self-publish your audiobooks is a great way to reach new audiences and connect with listeners who enjoy consuming content in this format. We wish you all the best in your self-publishing journey!
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