My August 2014 Income Report

September 12, 2014 in Income Reports

Monthly Income ReportThere was not a lot going on it August as far as creating new income generating assets, however, I did hit another new record last month! August was another 4-figure income month and I’m hoping it stays that way from now on. After about 5 years of exploring various methods of online business, I think I have finally found the areas I will continue to pursue. One of them is definitely app reskinning. I have reskinned my 9th app so far and I’d have to say it is one of the things I enjoy the most when it comes to my business. It takes a long time for me reskin an app but the process is fully satisfying for me. If you’ve considered app development, reskinning is definitely the way to get started!

When reskinning apps, I get to use my favorite tool, Photoshop… and it allows me to stretch my creativity. By day, I’m a professional video producer but when it comes to reskinning apps, I find that I go through very similar processes whether I’m making apps or videos. Both have incredible opportunities for me to try new styles of artwork and animation. In fact, video producing is also a part of the app development process. I just created a promo video for one of my most successful apps called Ghost Camera. And with Halloween coming up, I needed some more marketing power to get my app noticed. Check out the video:

A New Problem – But a Good One

When I was submitting one of my latest apps, I ran into a problem I hadn’t encountered before. While generating the build and validating my app, Xcode flagged an error in my app. When an error pops up, Apple will not accept your app. The perplexing thing about this is that this particular error has always shown up as a warning in the past (you can still upload with warnings). However, the week before iPhone 6 was announced, Apple had revamped their iTunes Connect website and required developers to update Xcode to 5.1.1. After I updated, that’s when the error popped up.

This is bad and good at the same time. At first, I was very frustrated. Whenever I run into things I can’t fix myself, my thoughts immediately become thoughts like “I need to quit building apps”. But I decided to not think about this problem for a couple of days and let my mind settle. Then I went on to new thoughts like “What are my options and how can I solve this problem and move on?”. So I Googled the problem and continued to try and validate my app but the warning kept popping up.

So I decided it is finally time to get a “real” developer to help me out with this. I believe this to be a good problem because I don’t plan on reskinning apps myself for much longer. I need someone else to do it faster than I can. So I went on Elance and posted a job to find someone to fix my app. I think the first day I got 10 responses. My budget range was $40-$50 but I am most likely to pick a guy from Pakistan for $38 that says he has experienced this problem and can fix it.

Without going into too many technical details, I kinda knew what the possible problem was so was thinking it wouldn’t take an experienced programmer much time to fix it. Lately, when I look at the income that can be generated from apps, it makes sense to hire programmers to do the work for me and scale the app development side of my business. When you read the income report, you’ll see a big jump in app revenues plus my apps make up for about half of my online income now.

What’s Next?

There are still 4 months left in 2014 and I plan on creating as many apps as I can until the December shut down of the app store. That’s a period where Apple won’t allow uploads of any new apps at the end of the year. I have several more ideas I’m going to use for new apps so we’ll see how productive I am from now to the end of the year. That’s all I have for this month. Here’s the Income Report.

Kindle Publishing

  • Total: $75.68
    • Last Month: $105.48
    • Difference (-$29.80)

Amazon Associates

  • Total: $34.84
    • Last Month: $44.31
    • Difference: (-$9.47)

Banner Ads

  • Total: $69.36
    • Last Month: $62.68
    • Difference: (-$6.68)

YouTube

  • Total: $46.04
    • Last Month: $39.58
    • Difference: (-$6.46)

Commission Junction

  • Total: $0.00
    • Last Month: $7.80
    • Difference: (-$7.80)

Createspace Publishing

  • Total: $227.59
    • Last Month: $210.96
    • Difference: (+$16.63)

Udemy

  • Total: $163.43
    • Last Month: $52.50
    • Difference: (+$110.93)

Rakuten-Linkshare

  • Total: $4.00
    • Last Month: $23.20
    • Difference: (-$19.20)

Mobile Apps

  • Total: $579.77
    • Last Month: $487.01
    • Difference: (+$92.76)

Template Sales

  • Total: $35.00
    • Last Month: $85.79
    • Difference: (-$50.79)

Summary

Here’s a snapshot of my totals for easy reference.

  • Kindle Publishing: $75.68
  • Amazon Associates: $34.84
  • Banner Ads: $69.36
  • YouTube: $46.04
  • Commission Junction: $0.00
  • Createspace: $227.59
  • Udemy: $163.43
  • Linkshare: $4.00
  • Mobile Apps: 579.77
  • Template Sales: $35.00

Total this month: $1235.71

  • Last month total: $1119.31
  • Difference: (+$116.40)

Total earnings per day: $39.87

  • Last month earnings per day: 36.10
  • Difference: (+$3.77)

How to Get Started Reskinning Apps

Since I don’t know how to program, I decided to get into the area of reskinning apps. The costs are much, much lower than developing an app from scratch. And I do it without hiring a developer or graphic designer. I’ve been doing this for about 3 months now and have 3 apps in the Apple app store.

The way I did it was buying source codes that have video courses that accompany them. This is the way to go when starting out! Since I had no idea what I was doing, the reskinning courses were perfect for me. I just finished my 4th app and feel pretty comfortable now. I still don’t know everything but I could not have done it without video instruction. In fact, I have to go back and watch the video tutorials every time I reskin those source codes.

My latest app Penguin Match is based on the popular Free Flow or Jelly Flow game. This one is called Jellow and it’s a fun and addicting game. The source code comes complete with video instruction and can be found here.

Jelly Flow App Source Code and Video Course for Reskinning

I knew I had to get this source code and reskin this app because I couldn’t put the game down after I started playing. I had to keep solving the puzzles and get to the next levels. This source code has 3 ad networks already built in for monetization… just replace the app IDs with yours. It also has 8 “In-App-Purchases” that range from $0.99 to $14.99 for more opportunities to make money. The videos tell you exactly what to do from the standpoint of someone who has never built an app before. It starts from the very beginning from setting up your accounts with Apple to setting up your devices for testing. You’ll be able to go from knowing nothing about app development to publishing your first app.

If you want an inexpensive and uncomplicated way to get into app development, the Jellow source code and video course is the method I recommend! The source code includes an unlimited license so you can develop this code over and over again with different themes with no additional fees. It’s a great way to try your hand at app development without breaking the bank.