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Don’t Just Write It—Speak It: Why Audiobooks Are a Smart Move for Indie Authors

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Book with headphones

Expanding into audiobooks offers self-published authors a lucrative opportunity to diversify income and reach a broader audience. With the audiobook market experiencing significant growth, creating an audiobook version of your nonfiction or memoir can enhance your visibility and profitability.​


Why Consider Audiobooks?

The demand for audiobooks has surged, providing authors with a platform to engage listeners who prefer audio content.This trend not only broadens your audience but also introduces an additional revenue stream. For instance, authors can earn up to 40% royalties for each sale or listen on platforms like Audible. ​KDP Resources & Coaching


Platforms to Explore

  1. ACX (Audiobook Creation Exchange): Owned by Audible, ACX connects authors with narrators and producers to create audiobooks. It offers distribution through Audible, Amazon, and iTunes, with royalty options up to 40%.

  2. Findaway Voices: This platform provides distribution to a wide range of retailers and library channels, offering authors flexibility in choosing narrators and setting prices. It’s ideal for authors seeking broad distribution beyond Amazon's ecosystem.

  3. Author's Republic: Designed for independent authors, this platform enables easy creation, distribution, and sale of audiobooks. It offers wide distribution to over 50 retailers and library channels, maximizing sales potential. ​

  4. PublishDrive: A self-publishing platform that provides extensive reach, including distribution to major audiobook retailers. It offers a suite of services to assist authors in publishing audiobooks. ​


Income Potential

Investing in audiobook production can yield substantial returns. For example, an author reported earning approximately $400 to $600 monthly from a single audiobook, accumulating $9,501 in royalties over time. Additionally, offering your audiobook through multiple platforms can maximize exposure and income.​


Integrating audiobooks into your publishing strategy can significantly enhance your income and audience reach. By leveraging platforms like ACX, Findaway Voices, Author's Republic, and PublishDrive, you can navigate the audiobook creation process effectively. Embrace this growing medium to share your nonfiction or memoir with listeners worldwide.​


​For a comprehensive guide on producing your audiobook, consider reading "Producing an Audiobook: A Quick-Start Guide for Indie Authors."




 
 
 

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