What Yields Better Business Results Than Outsourcing?

Many appreneurs employ Virtual Assistants (VA) to get things done fast and cheap. 

Having a VA can, indeed, catapult your app business to new heights. 

However, having a VA requires time on your side to provide clear guidance and motivation. Also, it requires money on your side to pay the VA’s salary. 

Is there anything that you can do in your app business that would yield even better results than having a VA?

Here is the rule of thumb: 

Automate as many processes as possible in your app business with software.

Do not waste your time and money for employing VAs to execute processes that can be automated with software. 

That is, instead of hiring a VA for every possible task in your app business think about the task’s automation first. Try to find a developer to ask if the task at hand can be automated using some simple software. If this can be done, invest in the software and use it or train your VA on how to use it. This will always bring better results and motivation to your app business! 

To Your Success!

Vlad

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How To Start A Profitable App Business From Scratch Fast?

In order to start a profitable app business from scratch, you need to understand its components first.

Here they are:

1. Market research
Find out the most profitable market niches at the moment

2. Code search
Find good quality source code to buy at prices that promise profitability within 3 months after purchase

3. Design of app graphics
Design eye-catching app graphics to be used in apps

4. Design of app icons
Design eye-catching app icons to entice app downloads

5. Code programming
Program new app codes, adapt existing app codes

6. App metadata (title, search keywords, description)
Research and define most effective title and search keywords to be found on the App Store. Write sales-like app descriptions to entice downloads.

7. Translation of app assets into different languages
Research and define most effective title and search keywords in different languages to be found on the App Store in different countries.

8. Ad network handling
Find the most profitable ad networks for each app. Additionally, find the most profitable ad placements for each app.

9. Code upload
Set up in-app purchases, game center etc. in iTunes Connect and uploade the app code

10. App update
Submit app updates to fix bugs, add functionality and improve metadata

11. App cross-promotion
Cross-promote apps inside your app network to drive downloads and Apple affiliate program revenue

12. App portfolio management
Decide on strategic app production: which apps to produce, for which categories, with which codes, designs, themes etc.

The goal of the app business is to produce profitable apps fast.

This is achieved by initial hiring of 3 people:

Virtual Assistant
Does everything except app design and development work. Acts as a project manager.

Designer
Does all design work for apps and their promotions.

Developer
Does all development work and handles code submissions to App Store.

The profitability of the business is achieved by having the 3 people on the payroll (constant cost) who produce a constant number of apps per month. This results in growing monthly revenue as cumulativly more and more apps are in the App Store each month.

To Your Success!

Vlad

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If you enjoyed this article, get email updates (It’s free).

I’m writing a book to teach you the most effective ways to start and grow a profitable app business fast. Subscribe here and get a 25% discount when the book is released.

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How To Make A Living With App Reskinning? Learn About The Cash Flow!

How to make a living with apps?

If you reskin Apps, there is a certain dynamic in time and pricing for each reskin project you undertake. Here is the rule of thumb:

The more reskins you order at once, the lower the price for each reskin will be. 

That is, if your order 1 reskin of 1 app, it may cost you $600. But if you order 5 reskins of the same app, each reskin may cost you $400. However:

The more app reskins your order at once, the higher is the financial risk you take. 

This is because, you will have to pay your development team before the apps are accepted into the App Store, start generating revenue and that revenue is finally accumulated and paid out to you by Apple and Ad Networks.

Therefore, here is another rule of thumb:

Start with just 1 reskin project. Once it is successful, increate the number of reskins you do per month according to the revenue or, possibly, the profit you make per month. 

To Your Success!

Vlad

What Are The Questions You Have About Your App Business Right Now? Comment On This Article To Get The Answers FAST!

—

If you enjoyed this article, get email updates (It’s free).

I’m writing a book to teach you the most effective ways to start and grow a profitable app business fast. Subscribe here and get a 25% discount when the book is released.

—

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