27 Feb Amazon Publishing: 4 Reasons Why You Should Use Profit Share Agreement On ACX
If you haven’t been doing ACX books then you definitely should be, so in this post I want to make a case for why you should use profit share agreement on ACX for your books.
ACX is another cool way of making an income stream from your books but if you’re paying for your narrators up front then it can get costly, especially if you’re doing a lot of books.
So today I’ve got 4 great reasons (I think so anyway!) for why you should try a profit share agreement on ACX rather than paying up front.
Why you should do a profit share agreement on ACX
Watch the vlog below or keep reading:
1) Less Cost
Obviously doing a profit share agreement on ACX is a great idea because it’s free as you’re splitting your profits with the narrator 50/50. So there is no upfront cost because your narrator is going to get 50% of the profits for the life of the book (after ACX takes their fee).
So if you’re scaling your business and you don’t really have the money to pay a narrator up front then this is an awesome option.
Paying a narrator up front can be costly. I’ve seen narrators charge anywhere from $50-100 per finished hour (which is pretty cheap but quality may not be as good) all the way up to nearly $400 per finished hour!
So this can help massively with your budget.
2) You Get Access to Amazing Narrators
Another cool thing with doing a profit share agreement on ACX is that you can get amazing narrators to create your audio book that you may not have been able to afford otherwise.
If your budget is small but you still want an amazing audio book (some narrators will even do cool sound effects if it’s that kind of book!) and a great narrator auditions for your book, then profit share is a great way to go.
And if your book ranks well and is popular you’re most likely going to get some great narrators apply.
3) Less Risk
This is a big one, especially if you’re less experienced and not so sure how your book will perform as an audio book.
If your book flops then you’re left with a book that doesn’t make any money and it cost you money to do so you may not make it back.
If you do profit share on ACX however then you’re not outlaying any money. This way the narrator, who most likely will have way more experience than you and will know how your kind of book will perform, takes some of the risk off you as they know more than you.
4) You Benefit from Your Narrators Potential Audience
This is a another cool little perk. Sometimes you’ll find that a lot of narrators have their own audience, websites, social media channels and email list.
This is all more exposure for your books.
And because your narrator is also going to be potentially making money off your book, it’s in their best interest to promote it too. And if they’re going to promote it to their list (even if it’s small) then that’s all the more exposure for you.
Sometimes they’ll even make short promo videos that they’ll use on their social media to promote your audio books.
Now while I give these 4 reasons to use profit share agreement on ACX, that doesn’t mean you can’t pay upfront and own the whole rights to the book.
You can absolutely do that, but I think that this is a great way to do things whether you’re a beginner or a pro publisher.
Anyway I hope that helps you out in some way.
Keep on publishing and have fun!
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