How Much Money I Make with Apps (Updated) - The Daily Overpass #266
Today, I show you (once again) my Daily Revenue spreadsheet and try to be transparent about how I'm doing.
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Overpass is a mobile app development company based in the UK that actually makes money from its own apps as well as creating money-making apps for clients. We have our ideas and build them. We can build your ideas too. If you haven’t started creating your mobile app yet, you are already behind.
Our team consists of developers and designers with years of experience in various business sectors. We build apps in native iOS, Android, and Corona SDK. We are based in Wantage, Oxfordshire.
Find out more about Overpass at www.Overpass.co.uk. Check out our educational games such as Mandarin Bubble Bath, Agent X, and Deep Sea Typing. Check out our spy apps like Ear Spy, Alarm Spy, and Eye Spy.
If you are looking to get an app developed and want to discuss it, give us a call on 0845 834 1008 (+44 Country Code). Or email us at [email protected]
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Eric Wroolie is the owner of Overpass. He has built software and web-based solutions for very many large and small companies including Macmillan Publishing, RibbonFish, BNP Paribas, Barclays Capital, Deutsche Bank, BBC Worldwide, and many others. Before that, he was a Chinese Mandarin and Vietnamese Linguist for the US Army and then a school teacher. Now, he makes apps.
Eric on Twitter: https://twitter.com/EricWroolie
Eric on Google+: https://plus.google.com/+EricWroolie
When you first opened that spreadsheet I was like, huh, Ł150 approximately isn't that much, but it's nice be paid that much per month for something you created. I am a student so that much would actually really help me. And then I looked closer and saw it was per day. Wow.... Need to get my app developing going
4.3 which is spamming the app store. But, they even started rejecting the unique apps I put out. I did a few videos on this. I think they are starting to push back against developers with too many apps. I've spoken to several prolific developrs with the same problem. They get rejected even before the reviewer tries the app.
Bike Vids - I think you have a point, but these apps you're showing here are from experts to experts.
Thus 1. You need a team of devs OR much time for development. 2. You need to have at least one expert in the field of your app - and therefore 3. You need to share the revenue. 4. Big expansive apps require continuous development and user support.
So what you're suggesting is to create a company for your apps, or am I wrong here?
I mean I'm just tapping my toe into this territory at the moment (so, I'm serious, please educate me),
but to me your suggestion sounds like a traditional software company distribution model.
I've been doing this for like a month. I'm at the point of making 1€ per day, having a total of 40 apps. Few of them are in the top when searching for the main keyword. I'm now waiting for some time to pass by, to see what happens next, if this 1 euro per day will rise to few euros a day. :)
i get about 30 a month lol. i have a way to go yet :P My friends think cos i have 20000 or so downloads i must be making loads. Problem i have is i have the ideas, but my revenue skills are woefully lacking!!
+Media 360 If you are only interested in Android, I would learn native. If you want to do games, or make something that is cross-platform, then there are a lot of other frameworks you can look into. React-Native is pretty cool. I’ve recently started looking into Flutter (from Google) which looks pretty awesome and uses Dart as a language. There are a lot of possibilities.
Hi Eric. THANK YOU for your transparency. Your stats are frustarting for someone who targets 1k $/day :) I've launched my 1st game in January 2018. I've tested Admob and with about 1 milion ads impressions in February, I started thinking I need to analyse other networks as the RPM is not good. Maybe because Admob is a CPC network and if the app is generating a huge amount of ad impressions, maybe a CPM network can lead to a better revenue. I found a mediation network called Appodeal aiming to serve the best performing ads from famous networks such as Admob itself, Adcolony, UnityAds... Have you heard about it?
I tried AppoDeal with one app, but the app didn't have a lot of downloads to really experience it. I think freaked out a bit when it started setting up all the ad units for me and used a Chrome plugin. But, I think they are pretty legit. I should have given them a better try.
Hi Erik, thanks a lot for your videos, you're one of a kind. I'm a developer from Argentina and trying to run my bussiness through in-app subscriptions on Android. Do you have any advice on this matter? Thanks!
Thanks for sharing that, Eric. A lot of our apps (certainly the older established ones), are used more in India / Indonesia than US/Europe these days and so RPMs are down, despite always having the same impressions over the years. I found that the newer apps that we developed (last year), have more popularity in the US/Europe than India and therefore RPMS are strong. But the key would be to increase RPMs in India. Love to find out how. I'll certainly be trying the idea from Abdelghafour Driowya!
My main market is still the US, but I have recently starting running app install ads through AdWords and I'm getting most of my downloads in India. I'm not trying to figure out how to best monetize this new segment.
Completely off-topic, but I keep wondering: How have you lived in the UK for nearly twenty years without picking up even a slight accent? Maybe that phenomenon depends on the person. I moved from New Jersey to North Carolina and only lived there a year and it put a little south in my accent.
+Eric Vaughan Haha. Thank you. Certain members of my family back home think I’m getting an English accent but no on here does. I guess it’s because I was 25 when I moved here and it was pretty much settled in.
I have been scratching my head for last one year how to improve admob earnings. It's halved and there is no sign of stopping. My downloads and ratings are good though. Sometimes I wonder if it has happened after I switched to firebase libraries.
Hi Eric , try to change admob id unit.
Advertisers tend to filter their ads on apps , if a lot of high paying advertiser stop showing ads on your app the rpm goes down.
Best way is to make admob ad unit remotely so you can change it from time to time
I think there's nothing in admob policy or adsense that prevent you from changing banner & interstitial id.
By remote i mean, storing banner & interstitial ad unit in a website and retrieve it in the splash screen for example.
so you can change it any time.
Eric, as always, great video! Thanks for sharing this kind of information, because (in my case) it shows that it really is possible to make money with apps. I'm also having the problem with the rpm in Admob. I'm currently making 20 - 30 US Dollars a day (here in Brazil that's kind of more money than 60% of the population earns on "real jobs", so that's nice. Our currency, the Brazilian REAL its like 3 to 1 vs US Dollar. You sharing your earnings it's really good for us to open the discussion, so here it is how much I make too, and I hope more people share their situations so we can understand even more the market! See you tomorrow!
+Kaique Ocanha Thank you so much, Kaique. That sounds good. One problem I have is that England has a somewhat expensive cost of living. At least, in my opinion it does. But, keep at it. I’m starting to wonder about changing networks again... but AdMob has always been so easy for me.
Yes indeed. Not necessarily stress, but as you mentioned, emptiness. This is why apart from client work, I have a few of our own exciting projects, that get you pumped up while working on them. When I can see that I'm scrolling through my code editor without any purpose and the energy is low, I put aside the client work for a few hours, open up my own exciting projects, and work on them. Please note: the project has to be big and exciting enough to get you pumped up. Apart from this, I plug my headphones in with some billionaire motivation speeches, these get you pumped up quite well. I hope it helps :)
The reason for low RPM for last 6 months or so is Google stopping native ads and pushing all the app developers to downgrade to banner ads. After doing the above, I too saw a drop in RPM. Google will be releasing Native advanced in around march. Let's hope we get to those steady good RPM rates again.
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