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Consider Audiobooks To Increase Your Book Royalties

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Audiobooks are growing. Not only is this market gaining over $800 million a year, but it’s now easier than ever for people to create and distribute audiobooks. For example, you can easily sell these books through Amazon and keep a massive amount of the profit. You can also find amazing narrators for your book that will ensure that everything sounds professional. Now is the time to consider turning your book into an audiobook.

Huge Royalties
Did you know that Amazon sells audiobooks through its Audible website? If you produce a book through their ACX website, which distributes to both Audible and iTunes, then you’ll keep up to 90% of the profit. That’s much higher than with books. Not only that, but audiobooks sell for much more money because they have more value.

Appeals to Mavens
What are mavens? These are people that love information. They usually read more than 50 books a year, and they are some of the biggest buyers of both print and audio books. If they aren’t reading, then they have an audiobook playing in their car or from a smartphone or tablet. They want to keep learning things, and they will do whatever it takes to maximize their ability to learn.

Audiobooks have been well accepted by many, but mavens have loved them the most. Getting these people to love your audiobook can lead to huge sales.

Boost Book Sales
Did you know that most people who buy your audiobook will also buy your Kindle book? Audiobooks are great for listening, but they are a little harder to reference. The Kindle version of the book will be much easier for this purpose. The same goes for print books.

You can take advantage of this by just telling readers or listeners about your book. Just post a small message saying that there is an ebook or audiobook version of your work, and you might gain extra sales from these customers.

Access Non-Readers
Why do so many people watch movies about books? Aside from the allure of watching the characters really moving around, many people do this because they hate reading. People love stories, but they hate reading.

This has been bad for books, but it’s been good for audiobooks. Since they are becoming more popular and easier to access, many non-readers are consuming novels by listening to them. This gives you access to a whole new marketing that is emerging with hungry customers.

Smaller Market
How many books do you have to compete with on Kindle? There are currently millions of ebooks available, and you’ll be difficult to find without some hardcore marketing. However, there are only about 100,000 audiobooks available through Amazon. In fact, only about 1 in every 5,000 books is turned into an audiobook.

That’s a huge difference. It might sound like a lot of books, but this puts you in a relatively small market, which makes your audiobook much easier to find. This can translate into massive sales if you just build some traffic for your audiobook.

Easy to Make
There are two ways of making an audiobook. The first, and cheapest way, is to do it yourself. Most of us have a voice, and who better to read a book than the author? However, there are some technical considerations to keep in mind to make sure your narration meets your audience’s standards.

You can also hire a narrator. ACX has many narrators that either ask for upfront fees or a portion of the book sales.

Narrators are great because they are usually professional and have a good voice. The fact is that some authors have unappealing voices, which can hurt your sales. You might also stammer and stutter, which can make your book unpalatable to a market that expects perfection.

If you can’t do it yourself, then you’ll easily be able to find a narrator to do the work for you. Not only that, but a narrator can increase your sales if his or her voice is very suiting for the audiobook.

Conclusion
The audiobook market has been around for a while, but it’s been gaining a massive amount of strength in the last few years. If you want to make some extra money, then consider turning your book into an audiobook. It’s fairly easy (especially if you hire a narrator), and it can help you make much more money with your book.

Consider Audiobooks To Increase Your Book Royalties is a post from: AmyHarrop.com

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Post tags: Tags: allure, acx average royalties, audiobooks, audio book amazon pricing royalites, book royalties, love, cost to produce a audio book, listeners, message saying that, people information in Categories: Kindle Book

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