4min snip

Coffee With Cole: The Digital Writing Podcast cover image

How I Make 7-Figures Re-Publishing Content

Coffee With Cole: The Digital Writing Podcast

NOTE

Capitalize on Audiobook Demand

Audiobooks represent a growing market with a stark imbalance between rising demand and the slow pace of production. This growth offers multiple monetization strategies for creators: utilizing Amazon's AI narration for quick production and larger revenue shares; hiring voice actors with options for upfront payment for full ownership or revenue shares without initial costs; investing in affordable recording equipment for self-production, which incurs a time cost; and recognizing the potential for audiobooks to earn more than print editions. Additionally, targeting 'super consumers'—those who actively seek diverse formats such as audiobooks, print versions, and newsletters—can significantly enhance profits as they tend to spend considerably more, capitalizing on their preferences for varied content consumption.

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