When you want to make money on the Internet, it’s usually easiest when you don’t have to maintain your own physical storefront and or your own physical inventory. That’s why affiliate marketing can be so lucrative, especially when you partner with a highly recognizable brand with a highly sought after product.
And that leads us right into the Audible affiliate program, which serves as the subject of today’s review. We’ll take a look at what Audible is, how it works, and how you can cash in on this opportunity.
What Is Audible?
In case you aren’t already familiar with Audible, it is an online company that sells a variety of audiobooks. These audiobooks can then be played on a range of devices, like your iPod, iPhone, Android device, or even your home PC. This is particularly useful for people on the go who may not otherwise have time to read a physical book.
Audible originally arrived on the scene in 1999 and it was later acquired by Amazon in 2008. What this means is that it comes with a very strong background and it has the powerful backing of easily one of the largest online retailers today. Audible currently has a library of over 100,000 titles, many of which are read by the original authors.
Three Ways to Make Money
The affiliate program itself is powered by Commission Junction, where Audible is a five-bar advertiser. At the time of this writing, the three month EPC with Audible is an impressive US $44.12. When it comes to earning your commissions through the Audible affiliate program, you effectively have three different options: subscription, free trial, or individual products.
When you refer someone who signs on as an Audible member, you earn a commission of $25. The referral gets a discounted monthly rate of $7.49 for three months, and then it increases to $14.95. A member gets one credit (equivalent to one audiobook) a month, as well as additional incentives like member-only sales and a discount on additional purchases.
If the person you refer only signs up for the free trial, you still earn a commission of $10. The free trial period was recently extended from 14 days to 30 days. And finally, if the person you refer only buys individual products, you earn 10% of the sales amount.
Keep in mind that these are only the standard commission rates and higher commissions can be offered “based on individual publisher performance.”
Since the Audible affiliate program is powered by Commission Junction, access to everything related to that program can be handled through the CJ interface. This includes your commission payments, which can then be aggregated with your other CJ affiliate products. That adds a level of convenience when it comes to your record-keeping too.
Naturally, all the promotional material can also be accessed through your Commission Junction account manager.
Audible has done a fantastic job of offering a huge variety of ad banners in a range of different sizes, making it easy for you to implement the promotional material on your web properties.
There is also a link generator that can be used to make custom links to any page on Audible.com. To use this, all you need to do is copy and paste both your chosen Audible link and your publisher ID into the appropriate fields. The link is then built for you to use as you see fit. This is a great way to promote specific products, as well as certain categories or generated lists, like “award winners” or “just added.”
A Convenient Income Earner
Audiobooks are a convenient way to enjoy books without reading them. This way, you can listen to your favorite books while commuting to the office, working out at the gym, or going wherever life may take you. And you can make some serious dough promoting Audible’s audiobook subscription service too.
While Audible cannot partner with publishers in certain states due to tax restrictions, it is generally open to everyone else and getting accepted via CJ couldn’t be easier. Given the rise of audiobooks through apps for Android and iPhone, this is a great time to capitalize as an affiliate.