Today, we’re talking bounties, more specifically ACX‘s bounty program. If you hadn’t heard, bounties are a great way for rights holders and producers to maximize the earning potential of their audiobooks. Let’s review some bounty basics, and then we’ll hear from an ACX user who found success driving new Audible listeners to purchase their book.
The ACX Bounty Program
Under the Bounty program, users can get – or split in the case of Royalty Sharing partners – a bonus payment every time a qualifying audiobook they’ve produced through ACX is the first purchase of a new Audible listener. This money is on top of any royalty earnings from your audiobook sales. Think of it as our thanks to you for helping new audiobook listeners discover Audible!
Here are some quick ways to get the word out about your audiobook and start racking up those bounty payments.
1. It’s never too early to start promoting! You needn’t wait for your audiobook to be published to start spreading the word! Authors, let your fans know when you post your title to ACX and update them when you cast a narrator, and as production progresses. Producers, spread the word when you’re cast on a new title, and let your fans know when it will be out.
2. Use those promo codes from ACX. When your production is completed, you’ll get 25 free download codes right off the bat. Use these codes to get people listening to and reviewing your book. Seek out audiobook reviewers and offer them a free copy in exchange for an honest review. Host a giveaway for your fans on social media, or trade codes with a fellow ACX user and review each others titles on your website/blog. Word of mouth marketing is a more powerful tool than ever!
3. Mention your audiobook every time you promote your book in ANY format. General book marketing is great, but to maximize your bounty payments, make sure you consistently talk about your audio version. A number of your readers may not yet be audiobook listeners, and a reminder that your book is available in this awesome format might be just the poke they need to visit Audible and start downloading.
A Bounty Success Story – Frank Eakin, 12 Years a Slave
“We produced the official movie tie-in audiobook for 12 Years a Slave, and we published the top-selling edition of the e-book and print book. I believe that relatively few authors and publishers truly grasp the importance of audiobooks in driving sales across their portfolio of products related to a title.”
“When you are ready to launch your audiobook, be sure to cross-sell your audiobook inside your book. For example, in one of the front pages of our e-book and on the back cover of our print book, we try to excite the reader about the audiobook, and we usually pitch it as a different and unique way in which to experience the story. We mention that the book can be purchased at Audible inside our book and in our materials. Also, in our e-book and print book, we plug our free Audiobook Extra, which can be downloaded exclusively from our product page on Audible. A free digital extra, which in our case is a unique map related to the story, will draw many potential customers to your Audible page; by engaging readers in our free map, we help to convert them into customers of our audiobook.”
“In social media, including Facebook, Goodreads, Twitter, Pinterest, etc., we plug Audible and provide some of the benefits of becoming a regular audiobook listener, which helps to drive memberships and thus increase our number of bounty payments. Our Facebook ads bring potential customers to our Audible page (to download the map) and to our unique website, which features audiobook clips in a multi-media format, and engages readers so they will want to click on our Purchase Now page, which provides a link to our Audible page.”
Are You The Next Bounty Success Story?
Have you been successful at driving new listeners to Audible and collecting your bounties? Tell us in the comments and help your fellow ACXers learn from your efforts. We just might feature you in a future post!
Full terms and conditions on the Bounty Program can be found on ACX.