My February 2014 Income Report

March 12, 2014 in Income Reports

I can’t believe February is over already! Time is flying! I’ve been busy lately and haven’t had much time to post here on my site. It seems like lately, I’m only posting income reports each month. That’s because I’m spending most of my time creating graphics for my apps. It consumes a large amount of time and I hope to be able to outsource this in the future in order to work on multiple apps at one time.

NookPress Update

Nook-Press-Self-PublishingI decided to take all my books off sale on NookPress. I just wasn’t getting any sales over there so I removed my books from their marketplace. I was going to wait a few weeks before I re-enrolled those books back into Amazon’s KDP Select program. I want to make sure that they are completely out of the system before adding them back into KDP Select. The reason is that while a book is in KDP Select, it can’t be sold anywhere else.

A New Opportunity Arises

I was recently contacted by a podcaster in the app development community about a business opportunity. I won’t talk about it right now but I’m already in the process of setting up some items for sale on his site. The great thing is that the products and all the sales copy and graphics are mostly done so it’s not taking me much time to get them ready. I had these assets set up for sale in a different marketplace but failed to get approval. Now I’ve got a second chance with an audience that is more tailored to the app industry.

The Importance of Diversifying Your Assets

Book sales were great the past 2 months but when February hit, I could tell instantly that sales weren’t growing as fast. However, because my portfolio is pretty diversified, I had other sales channels pick up the slack to make this my best month on record! What I’m trying to say is while it’s great to focus on one thing that works, there are going to be ups and downs and you don’t want to be tied to the fluctuations of just one stream of income. Don’t be afraid to try other methods!

I had tried many things in the past and this month, I realized that they just didn’t pan out. As mentioned above, I am getting out of NookPress but I’m also going to get out of Commission Junction too. I know they’ve worked for other people but not me for some reason. Even though I have things that work, I will continue to diversify my income by experimenting more and trying new things online.

One of the new items I added to my income report is the Rakuten-Linkshare network. They are now the new affiliate program for Udemy. I’ve been making efforts to promote more courses from Udemy and it seems to be working out nicely. Their courses are usually sold at respectable prices and the commissions are good.

I don’t have much else to report this time so let’s get into the numbers for February.

Kindle Publishing

  • Total: $144.64
    • Last Month: $194.15
    • Difference (-$49.51)

Amazon Associates

  • Total: $35.36
    • Last Month: $66.75
    • Difference: (-$31.39)

Clickbank

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

Banner Ads

  • Total: $42.08
    • Last Month: $54.12
    • Difference: (-$12.04)

YouTube

  • Total: $45.15
    • Last Month: $38.04
    • Difference: (+$7.11)

Commission Junction

  • Total: $0.00
    • Last month: $0.00
    • Difference: ($0.00)

Createspace Publishing

  • Total: $191.68
    • Last Month: $373.24
    • Difference: (-$181.56)

Nook Press

  • Total: $0.00
    • Last Month: $2.59
    • Difference: (-$2.59)

Udemy

  • Total: $361.00
    • Last Month: $59.75
    • Difference: (+$301.25)

Rakuten-Linkshare

  • Total: $21.20
    • Last Month: $N/A
    • Difference: (+$21.20)

Mobile Apps

  • Total: $57.01
    • Last Month: $30.29
    • Difference: (+$26.72)

Summary

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

  • Kindle Publishing: $144.64
  • Amazon Associates: $35.36
  • Clickbank: $0.00
  • Banner Ads: $42.08
  • YouTube: $45.15
  • Commission Junction: $0.00
  • Createspace: $191.68
  • Nook Press: $0.00
  • Udemy: $361.00
  • Mobile Apps: 57.01

Total this month: $898.12

  • Last month total: $818.93
  • Difference: (+$79.19)

Total earnings per day: $29.93

  • Last month earnings per day: $26.41
  • Difference: (+$3.52)
  • Note: I divided the total by 30 days so Feb numbers aren’t skewed too much by the short month

My Best Month Ever!

I’m very happy with the results from February because it’s actually my most successful month ever! It would’ve been nice to finally break the $900 mark but maybe it will happen next month. I have a new app coming out that has several channels of monetization so we’ll see what happens.

I’ve noticed that my income from mobile apps is rising. I should have a new iOS app releasing soon. Keep in mind that I have absolutely no programming experience and I didn’t hire anyone to create the apps for me. I did it all on my own! If you want to know how to develop apps at a very low cost, keep reading.

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’m working on 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.

The app I’m currently reskinning 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.