Moya’s Featured Article: What You Need to Know About the World of Audio Books
Read Cody Moya’s article titled “What You Need to Know About the World of Audio Books”.
Cody Moya’s article is reprinted here.
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What You Need to Know About the World of Audio Books
Audio books of all types are great products, both for those who buy them and for those who sell them. Selling audio books can be a very lucrative business, whether it is pursued on a part time or full time basis, whether you create and market your own audio books or team up with others to sell the products they have created.
Those who are new to the world of audio books usually have quite a few questions about them, and we will attempt to answer some of the most frequently asked questions below.
What are the benefits of audio book clubs?
Audio book clubs can have a number of benefits, both for buyers and sellers of those books. For buyers, joining an audio book club comes with the immediate benefit of free or reduced priced audio books, while the seller receives a customer who is interested in buying more audio books in the future. The lists of members of audio book clubs can be powerful marketing tools for those in the business of selling audio books and similar products.
What about audio book rental?
Compared with the market for buying and selling audio books, the rental market for these books is still somewhat small, but it is likely to grow in the future. The rental market for audio books is an interesting one, and one that many people in the business of selling audio books will want to consider. The ready availability of audio books in MP3 and other downloadable formats has made renting such audio books much easier, and many consumers will no doubt like the opportunity to rent audio books instead of buying them.
For the owner of the audio book business, this rental market is likely to be quite a lucrative one. The subscription based audio book rental market in particular is likely to be quite a good profit maker. The value of this subscription based approach, of course, is a steady stream of monthly income for the owner of the business. Unlike the one time sale of one or more audio books, the subscription model will bring a continuous stream of income month after month and year after year.
Are downloadable or hard copy audio books best?
There is no one answer to this question, as it will depend on the needs of the person buying the book For this reason, it is important for those who plan to sell audio books for a living to market their products in a number of formats. In addition to the standard book of tape and book on CD market, it is important for the seller of audio books to provide their wares in easily downloadable formats like MP3. As portable listening devices like iPods become more and more popular, more and more consumers will demand the ability to take their audio books with them in a more convenient format.
What makes audio books so popular?
There are many reasons why the world of audio books is such an appealing one, but one of the chief benefits of audio books is the fact that they can be read and enjoyed virtually anywhere. From riding in the car to relaxing on the beach, books on tape and CD can be enjoyed no matter where you are. Unlike traditional books, audio books can be enjoyed while cooking, while driving and while doing a number of other popular activities. It is no wonder that audio books are so popular, and this means an enormous amount of opportunity for those who know how to effectively sell and market these books.
What about the cost of audio books?
Compared to standard books, audio books are not expensive, and downloadable and rentable audio books can be especially affordable. Creating audio books, on the other hand, can be prohibitively expensive, requiring lots and lots of very expensive equipment and plenty of in depth expertise. This means that those considering selling audio books on their web sites or through other means would be much better off to buy ready to sell audio books than to try to create their own.
ABOUT THE AUTHOR:
Cody Moya writes about “How To Profit From Audio Books” in his Free Courses on Internet Marketing. You can sign up for his free Courses and get additional information at his website: http://FreeInternetMarketingCourses.com
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*Imnewswatch would like to thank Cody Moya for granting permission to reprint this article.
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