When you turn your book into an audiobook, you do so in the hopes that it will bring in more income. Have you heard about the audible bounty program?
When you set off to turn your book into an audiobook, you do so in the hopes that it will bring in more income from the book you spent so much time and energy writing and publishing. Many authors assume that the only way to make money from publishing an audiobook is through sales, but there’s also another, lesser known way to make money with your audiobook.
ACX is a marketplace for professional narrators, agents, publishers, and rights holders to create audiobooks and distribute them to Audible, Amazon, and iTunes. Just recently, they have announced a new version of their Bounty Referral Program, which will increase payout to its members and provides many member benefits.
What is the Bounty Referral Program, you might ask? It allows those who are selling audiobooks another option for making money off all their hard work. Through the Bounty Referral Program, members can earn up to $75 each time a new Audible listener becomes a member using your referral link, plus any royalties earned from the sale of the audiobook itself.
When an audiobook has been produced on ACX, the rights holder will receive trackable referral links that is unique to each of the audiobooks published. For those who entered into a Royalty Share agreement with a narrator, (as opposed to paying the narrator up front for their services) $50 will go to the creator of the audiobook, and $25 will go to the narrator for each bounty.
When marketing your audiobook, you’ll want to make sure you use your unique ACX tracking URL to bring any listeners straight to the book without any delay. If that user isn’t currently registered on Audible, that $75 bounty will be added right to the audiobook creator’s account. This means it’s important to share with your email list, social media followers, and friends and family. As an audiobook creator, you’ll want to make sure you let everyone know how very magical it can be to listen to a book rather than read it when listening to a story.
Particularly when listening to non-fiction, it can be helpful for listeners to do something at the same time as listening, such as taking notes or even multi-tasking (we all know people who prefer it!). When including your book URL in marketing efforts, you can also include clips of your audio, your retail sample, a book trailer, or a good, old-fashioned book synopsis. Even those who have read your book may be interested in listening to the book to hear it differently.
The ACX Bounty Referral Program not only gives you a chance to bring even more listeners to Audible to listen to each audiobook you publish, but it also will bring you additional income with each new Audible member who comes in with your unique link.
Considering publishing an audiobook on ACX? The Bounty Referral Program might encourage you further. Need help? Our team at StartSomething Creative Business Solutions can take care of the whole production and publishing process for you or help you along the way!
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