Moya’s Article: Understanding the Costs of Audio Books
Read Cody Moya’s article titled “Understanding the Costs of Audio Books”.
Cody Moya’s article is reprinted here.
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Understanding the Costs of Audio Books
Many owners of web based businesses have discovered just how lucrative and profitable selling audio books can be. Selling audio books can be a great way to make a very good living online, and there is a willing, eager, and ever growing market for all kinds of audio books, from entertainment to education.
It is important, however, for anyone considering jumping into the world of selling audio books to understand the expenses involved, and how those expenses could affect their business. There are some significant costs involved in the production, marketing and selling of audio books, but there are also some steps smart web entrepreneurs can take to minimize those costs while maximizing profits.
Perhaps the most significant cost when it comes to producing audio books are the production costs. It can cost significant sums of money to produce even a single audio book title, and in most cases selling a single audio book will not be a profitable endeavor. Most sellers of audio books will need an entire catalog of audio books in order to attract a worthwhile audience of paying customers, and this means repeated production costs, and lots of out of pocket expense.
Fortunately there is a better way than producing and creating your own audio books, and that is the option of buying pre-selected and prerecorded audio books you can then resell. This can be a convenient as well as very cost effective option, and many web site owners and others have found great success reselling some great audio book titles.
Another significant cost when it comes to producing, selling and marketing audio books is that of publishing costs. The publishing costs involved with producing audio books are much the same as those in the rest of the publishing industry, and you will face these costs whether you plan to offer audio books on cassette tape, on CD or even in downloadable format. All audio books will also require storage space, whether it is a warehouse full of books on tape or a couple of computer servers holding audio books in MP3 format.
Again, those who choose to sell audio books on the internet will need to accommodate these costs and take them into account. There are many ways to sell audio books on the internet, and it is important to take costs into account. Again, the costs of selling ready to sell and preselected audio books has many advantages over creating, selling and marketing your own audio books, and many audio book entrepreneurs have enjoyed great success following such a strategy.
Those who plan to sell audio books on the internet also must be aware of copyright issues, and make sure not to run afoul of the applicable copyright laws. The original creator or author of the audio books sold will of course be entitled to a cut of the profit from each unit, and it is important for those who plan to sell audio books, whether on their own web sites or through other means, to be aware of the applicable laws and to take the steps necessary to protect themselves.
Buying and reselling those ready to sell audio books can help to alleviate potential copyright issues as well, since the seller of those books will have taken care of the necessary issues. It is still important to know the laws regarding buying and selling audio books, but buying ready to sell audio books reduces the complexity quite a bit.
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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