In this video I look at how much money I made from building a mobile app in 2020, and whether or not this can be a substantial source of passive income for me. My App: 🤍play.google.com/store/apps/details?id=com.kuranm.grevocab&hl=en_US&gl=US ► Checkout M1 Finance (Get $30 when you deposit $100): 🤍m1.finance/YIPMuDmLpBtZ Several months ago when I first launched my YouTube channel, I made several videos on the process of building and monetizing my first mobile app for Android. For this project I created a free app in the Google Play Store which I monetized using advertising from Google AdMob. I then basically left this app alone for 4 months to see how much income it would generate for me completely passively. In this video I look at both how much money this app made me, where that money came from, and who is using my app. I then calculate my CPM to determine how well I am getting paid for ads versus other developers. This was a long process to build the app to its current point, but there is still a huge amount of work I could do on the app. I am considering making some improvements to the app in the future (especially around how it is monetized), so let me know if you would be interested in watching! 📈 💸You can get free stocks by signing up for these apps: ► M1 Finance (Get $30 when you deposit $100): 🤍m1.finance/YIPMuDmLpBtZ ► WeBull (Get 2 free stocks valued up to $1600 when you deposit $100): 🤍act.webull.com/invite/share.html?inviteCode=PZmxRyn4PfPm ► Robinhood (Get a Free stock when you sign up): 🤍join.robinhood.com/kuranm1 🎥 My Video Equipment: Camera: 🤍amzn.to/3ziQnSL Tripod: 🤍amzn.to/2TdllLI Microphone: 🤍amzn.to/3xgPFUz 💼 🏆 VIP Investment Group: 🤍🤍patreon.com/fintek I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Flutter is good ?
Bravo! It's real to do this.
I like these kinds of videos. Very realistic and not "How I made 100k in 6 months!" Lol.
Also, I like your apartment.
How i earned money from youtube by liying how i made money on free app
I am thinking of making an app that shows how much money you made from a mobile app.
How can I create an app for Google admob
Please teach me
Cpm is cost per milli (1000) not cost per mile
Can you build a app like Uber rideshare app? If you can, please let me know please. I have interest.
As both a user and programmer myself, a few words of caution:
First of all, no one....and I mean NO ONE likes ads in their apps -- disruptive or otherwise. I get that it's the easiest and most convenient way to "monetize," but just know that you're already putting off a percentage of users on this alone. Ads have become the go-to because advertisers know apps are an easy way to get in front of people's eyes. Fair enough, but there's a reason browser add-ons like AdBlocker were developed, and there's a reason certain websites have had to implement gates demanding Ad Blocker be switched off in order to use their site. It's because BOTH parties know users hate ads.
VeZUXJHD17E&t=1m42s 1:42 - No one likes having to pay for additional content. This trend of "DLC" needs to effing die. An app is nothing more than the digital equivalent of a 90s/00s video game or computer program; if I have to go through the hassle of downloading & installing the app, I should be getting the whole thing. Expecting users to fork out hundreds of dollars on top of being bombarded with ads for additional content is just down right scummy.
VeZUXJHD17E&t=1m48s 1:48 - I know "create an account" is also the trend these days, but once again.....users hate having to do this. For one, it's just another set of login credentials they have to keep track of. Secondly, it opens up possibilities of identity theft, because many users use one password across multiple accounts. But most of all, your reason for considering this option - to, "push out offers to their emails" - is exactly why people hate doing this! You think people WANT to be bombarded with your BS everyday in their inboxes?! When the hell did spamming the s*** out of people become acceptable Internet etiquette?! I would never, EVER ask or demand any personal information from my users.
So you might be wondering then, "Well damn, Six.....how am I supposed to make money on this app?" The answer is simple. Sell your app for a few bucks per download, and market it as ad-free, commercial free, subscription free, no accounts, etc. Give people incentive to use your app. If it's useful, easy to use, and doesn't annoy the hell out of them with ads, subscriptions, BS offers, etc, they will gladly pay the 5 bucks to download it. The average app gets 1.64 million downloads. At 5 bucks a pop, that nets you $8.2 million. If that's not enough, the problem isn't your app. It's your insatiable greed.
Also...far be it for me to question the integrity of a multi-billion dollar company like Google, but I'd rather not trust them to handle whether I get paid or not.
Having run ad campaigns on Facebook, I can tell you that I'm almost positive these companies skew/doctor performance/results. If you run an ad on FB that pays by the "PM opened," you'll get dozens of "users" responding to your ad and opening a PM. When you reply back, they never say anything. I even messaged a user once from my personal account asking if they'd responded to the ad. Still no response. In these cases, FB gets paid whether you make a sale or not; as soon as the ad is clicked on (or the ad perceives it has been clicked on), FB will get paid. So I'm pretty sure FB sends bot accounts to "click" on your ad. These "bot accounts" are probably real accounts that FB hijacks to prop up the illusion that a legitimate user has clicked your ad. I doubt the real owners of these accounts are even aware this occurs, which is probably why they don't reply.
Anywho, point is, I would never trust Google to handle my money. Pay me when you download it. Then all I have to do is tally money earned with # of downloads to find out if someone is ripping me off.
STUPID VIDEO!!! Learn how to make money and then post a video that can be useful. Looser till the end I guess.
VeZUXJHD17E&t=4m27s 4:27 may be I am the one from Rwanda .
Probably a bit late, but i would really like to see how your app would benefit from different kinds of advertisements.
Good work with the vídeos. It's quality
It sounds like wasting time.
I'm struggeling getting admob to work. Did u need to make a campain or do anything in google ads?
I think you Made this video for fun.
I wanna ask you something: to be a developer and publish your apps with the Google Play console, you have to pay an amount of 25$?