Audiobooks: The Revenue Stream Hiding in Plain Sight
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Audiobooks: The Revenue Stream Hiding in Plain Sight
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About this listen
Audiobooks are the fastest growing format in publishing. And most authors are ignoring them completely.
One in four books consumed in English-speaking countries is now an audiobook. The average audiobook listener consumes fifteen books per year. That is three times more than the average print reader.
If you do not have an audiobook, you are invisible to this entire audience.
In this episode, we break down everything you need to know about audiobooks as an author income stream.
We cover:→ The production options: professional narrators, royalty share, AI narration, and narrating yourself→ Distribution strategy: ACX, Audible, Findaway, and going wide→ Selling audiobooks direct (seven times more revenue per sale)→ Pricing and bundling strategies→ The strategic value beyond direct revenue→ A six-step practical audiobook strategy→ The five mistakes that sink audiobook projects
This is not optional anymore. Audiobooks are how a significant portion of your potential readers consume books.
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Resources mentioned:
- The Architect's Method podcast: https://open.spotify.com/show/65N4rQG15xvZzsyYtAf7Qa
- Blood and Bones interactive experience: bloodandbones.rondanini.com
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Have questions? Reach out at rondanini.com