What factors determine the price that people are willing to buy a social media account?

[Fidelia]

Flipping of social media accounts is one of the subtle ways that people earn some money online. But I would) love to know the factors that affects the price a social media account actually get sold. What makes people pay more or less for a social media account they want to buy?

 

[eLdavis]

I think one thing that determines the cost is how old the account is, and the amount of followers the account has and it's level of engagement as well.

 

[Stardom22]

I think that would depends on a number of factors to consider. Like when the account hasa larger user database, the account is mostly likely to be sold at very high prices.

 

[kit_hung]

I think that would depends on a number of factors to consider. Like when the account hasa larger user database, the account is mostly likely to be sold at very high prices.

That's right, sir. An empty hand is not accepted. An account with many people is an asset. It's like a field with many crops. Its price is very high. People buy it for a lot of money. With many followers, you are the richest person on the internet.