How can I backup the Equipd app to reinstall in the future?

With Equipd soon to be removed from the App Store this is a question that many users are asking.

I have already pointed to a helpful article on the Apple Support forums in the original announcement and provided some minimal instructions.

However AppChasers has very kindly put together a detailed and thorough video tutorial that should prove helpful to users of Equipd. I encourage you to check out this video here.