This last way to make money with TikTok is something you probably never considered.
It’s flipping TikTok accounts.
You may be familiar with flipping. You can do it with houses, cars, websites, andproducts you buy?from thrift stores or the Goodwill, among other places.
What is Flipping?
You buy something at a low price and resell it at a high price.?Let’s take the classic example of?flipping real estate.?Real estate investors buy houses at a cheap price, like purchasing a house on foreclosure, for example.
Then, they invest in the property, making renovations and improvements and lastly, they flip the home for a profit.
You buy a $50,000 home and invest $10,000 to make improvements, flipping it at a price of $100,000.
$100,000 (sales price) – $10,000 renovation cost – $50,000 (purchase price) = $40,000 profit
You can do this with just about anything, including social media accounts.
How to Flip TikTok Accounts
Social media accounts are valuable. It’s a way to create an audience, gain a following and make money online. Some people want to cut out the time investment it takes in the beginning to build a following so instead, they buy an established social media account.
You can create a free TikTok account and take three months to grow it to 1,000 followers, or you can buy an established 1,000-followers TikTok account now and save three months of time.
It’s a cost-time exchange.
So, to make money flipping TikTok accounts, you will be creating and growing TikTok accounts then reselling them for a profit.?
Where to sell TikTok accounts?
There are marketplaces like Fameswap where you can sell social media accounts like TikTok, YouTube and Instagram. You can also sell on social media, through your personal or business contacts and other places.
How to get started?
Just start. Create a TikTok account and start growing it by posting consistently, interacting with your audience and more.?
When the time is right, sell. Then you can rinse and repeat the process to make money by flipping TikTok accounts. Simple enough, right?