App Masters · 2026-11-07
From Weekend Project to $61K
Shane Hudson, a full-time developer at Bloom, built Value Study (turns photos into simplified black-and-white value studies for painters) as a weekend project in 2021. It grew for ~3 years with no marketing thanks to the technique's name in the title, niche keywords and art teachers sharing it. A lifetime Pro IAP, then a hard paywall announced 3 months ahead, grew revenue to $61K over the last 12 months. Also covers a Colombian influencer ($4K in a week, bad Android reviews), a soft paywall for Android, support-driven reviews, a print ad, a tip jar and price tests. Ends with live audits.
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Numbers mentioned
| Who | Metric | Value | Context | When |
|---|---|---|---|---|
| Value Study | revenue | USD 61K/year approximate | Revenue over the last 12 months | 29:01 |
| Value Study | revenue | USD 40K/year approximate | 'Passed 40,000 in a year in 2026' as stated; year possibly misspoken | 29:01 |
| Value Study | mrr | USD 5,000/month approximate | Description figure; the body gives only $61,000 over the last 12 months (~$5K/month) | 29:01 |
| Value Study | growth rate | +100%/year approximate | 30:16 | |
| Value Study | users | 10K users approximate | Artists reached to date | 4:26 |
| Value Study | revenue | GBP 200/month approximate | Consistent monthly revenue from the lifetime Pro IAP before removing the free tier | 29:01 |
| Value Study | time to milestone | 3 years approximate | Time the app was completely free before charging | 23:31 |
| Value Study | share | 50% approximate | Lifetime purchases vs yearly subscriptions: 50/50 until around the Android launch | 27:35 |
| Value Study | conversion rate | gone down a lot, offset by many more users approximate | Download to paid conversion | 31:02 |
| Value Study | count | 1,000 keywords approximate | App Store keywords ranked (mostly low ranks on small, specific terms) | 11:38 |
| Value Study | count | 31K responses approximate | Users who answered the optional 'Where did you hear about Value Study?' onboarding question | 19:44 |
| Value Study | share | 38% approximate | Social media's share of the free-text 'Other' answers, which are 15% of all attribution answers; host calls it the second-best source after the App Store | 37:46 |
| Value Study | revenue | USD 4,000/week approximate | Revenue in the first week after the Colombian influencer's post | 36:46 |
| Value Study | share | 55% approximate | Host reading a slide: revenue attributed to the Colombian influencer ('55% revenues'); exact meaning unclear | 37:05 |
| personColombia-based influencer found on Collabstr | followers | 1M followers approximate | 35:22 | |
| Value Study | revenue | USD 157/year | Tip jar donations this year; covered the Apple developer fee | 40:27 |
| Value Study | price | USD 7–8/year approximate | Yearly plan, host's reading; no trial | 42:14 |
| Value Study | price | USD 18/one-time approximate | Lifetime plan, host's reading | 42:14 |
| Value Study | price | USD 29.99–39.99 approximate | Higher price tested after the host's audit (guest unsure which of the two); later brought down halfway | 41:35 |
| Value Study | arpu | USD 1per download approximate | Revenue per download, host's reading from the audit | 51:35 |
| benchmarkRevenue per download needed to scale with paid ads (host's rule; about a month payback window for his own app) | arpu | USD 3per download approximate | 51:35 | |
| benchmarkKeyword popularity score in ASO tools that is enough to build a decent niche business when competition is thin | keyword popularity | 30 approximate | 12:32 | |
| host's niche app | mrr | USD 30K/month approximate | 12:32 | |
| host's niche app | rank | 1 approximate | Number one for about 10 terms related to the app | 12:32 |
| App Masters niche-app client that added Meta ads | growth rate | double, triple the revenues approximate | Revenue change since adding Meta ads to an organic niche app | 40:00 |
| viewer Joseph's app | price | USD 49.99/year | Yearly price raised from $29.99 to $49.99 (viewer comment read by host) | 43:49 |