My June 2014 Income Report

July 18, 2014 in Income Reports

Monthly Income ReportWelcome to my June 2014 passive income report. There is not too much to share on this income report except that I have been busy reskinning another iPhone app. This new app is based off of the popular Mustache Bash source code by Austin Church. I bought this code about 4-5 months ago and finally decided I was going to make a photo app as my next project. This will be my 5th app reskin and it is definitely NOT a source code that a beginner should start with.

I looked at the images that needed changing in this app and realized that there are a TON of them! The task seemed overwhelming contrary to the fact that most app source code sellers say changing the images is easy. For me, I like to change the entire look of the app which makes my job a lot more time consuming. Most of the time, I don’t want my apps to look anything like the original. But all my years in video production has made me proficient in Photoshop and I can create my own graphics pretty quickly.

Hiring A Graphic Designer Is Too Expensive For Me Right Now

A few months ago, I contacted a graphic designer to see how much it would cost to have his team create all the graphics. The bid I got was $300 for the interface graphics and $400 for the changing all the mustache images. That comes out to a total of $700 just for graphics! I’m not making much money from apps so I’m not ready to pay that amount at this time. After all, I already spent $400 on this source code so I would have $1100 in expenses before I even get the app into the App Store.

So I’m currently in the middle of making all the graphics for this new app and it’s taking all my free time in June to do it. However, I do find the process fun because I love Photoshop. The app should be released in July so I’m excited for that! I still have a bunch of other source codes I’ve purchased that I haven’t touched yet. Eventually I’ll get to reskinning them.

I am also reskinning another app at the same time too! I bought a Bingo source code this month and have finished the graphics on this one. The last thing I have to do is testing. So now that I look back at June, I have been quite busy reskinning these 2 apps.

That’s all I have for this month. Here’s the Income Report.

Kindle Publishing

  • Total: $82.60
    • Last Month: $97.25
    • Difference (-$14.65)

Amazon Associates

  • Total: $35.18
    • Last Month: $58.61
    • Difference: (-$23.43)

Banner Ads

  • Total: $66.56
    • Last Month: $42.14
    • Difference: (+$24.42)

YouTube

  • Total: $49.72
    • Last Month: $63.62
    • Difference: (-$13.90)

Commission Junction

  • Total: $0.00
    • Last Month: $13.91
    • Difference: (-$13.91)

Createspace Publishing

  • Total: $199.84
    • Last Month: $183.75
    • Difference: (+$16.09)

Udemy

  • Total: $31.25
    • Last Month: $102.50
    • Difference: (-$71.25)

Rakuten-Linkshare

  • Total: $118.00
    • Last Month: $102.40
    • Difference: (+$15.60)

Mobile Apps

  • Total: $157.47
    • Last Month: $123.38
    • Difference: (+$34.09)

Template Sales

  • Total: $111.73
    • Last Month: $196.97
    • Difference: (-$85.24)

Summary

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

  • Kindle Publishing: $82.60
  • Amazon Associates: $35.18
  • Banner Ads: $66.56
  • YouTube: $49.72
  • Commission Junction: $0.00
  • Createspace: $199.84
  • Udemy: $31.25
  • Linkshare: $118.00
  • Mobile Apps: 157.47
  • Template Sales: $111.73

Total this month: $852.35

  • Last month total: $984.53
  • Difference: (-$132.18)

Total earnings per day: $28.42

  • Last month earnings per day: $31.76
  • Difference: (-$3.34)

 

So my income is continuing on a downward slope which isn’t good. But I learned last year that if I continue to build new assets, my income will rise. I go in phases as to what type of assets I build at different times. Right now, I’m focusing on publishing more apps. I can see the potential in reskinning apps and I have the most fun with it. I’ll announce my latest app releases in July. That’s it for now. See you next month!

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.