As a published author, you understand how you make money from your print or digital book. However, when it comes to your audiobook, you might wonder what is different from your first go around. As it turns out, the flow of money is very similar to your print or digital book.
At Cloverly Audiobook, our contract supports every step of your audiobook journey. We do not receive any proceeds from your book until you recoup your initial investment, and after that, we only get 25 cents per sale.
Similar to publishing a digital eBook, there are no printing costs when publishing an audiobook because the transactions are done entirely digitally. The vendor that sells your audiobook keeps a small cut of every sale, and everything else goes directly to us on your behalf.
For each sale made on an online retailer, such as Amazon, Apple, or Audible, you receive 40% of the sale price, directly to your pocket. Further, audiobooks typically sell for higher prices than digital or print books. Therefore, if your audiobook sells to a consumer for $30, your takeaway is $12.
For a breakdown of how you profit from different types of publishing, see here.
