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.

You did it, you published your book for the world to read. From finishing your first draft to polishing it through the editing process and finalizing the manuscript for publication, you potentially spent years of your life dedicated to crafting your book. No matter the genre or target audience — romance, memoir, children’s, thriller, etc. — you should be proud of your achievement.

Now that you are a published author, what comes next? If you are looking for the next step on the journey of your book, publishing an audiobook may be for you. But if you decide to pursue creating an audiobook from your book, will you still keep all rights to your work?

As long as you own the rights to your published book and sign a contract with Cloverly Audiobook, you will always retain all rights to your book and the subsequent audiobook. Your rights to your original book pass on to the audiobook.

The audiobook production process is a little different than that of a print book or eBook. Instead of focusing on grammar and physical design, audiobooks require substantial production and audio engineering. From hiring voice actors to recording and editing audio, creating an audiobook is a hefty undertaking that yields a tremendous reward.

When you sign a contract with Cloverly Audiobooks, we take care of all of it. But rest assured, you will still own all the rights to your audiobook, just as you do for the published book. Our contract is easy to read, only a few pages long, and affirms your ownership over the entire intellectual property of your audiobook, even for work done on your behalf.

Publishing your audiobook can be a seamless extension of the book you spent so much time perfecting, and you will keep the same rights over your creation.