Instagram -Is building and selling accounts profitable? Worth it?

[TimCSUF]

I am pretty new to this and am pondering ways to monetize eventually (like 6 months from now). I AM NOT SELLING AN ACCOUNT, DON'T ASK! Essentially I am wondering is it worth it to build an account up to say 50k followers and then sell or is it better to slowly monetize that account through other means (ex:shoutouts)? I cant find any specific info an how much a large account is worth if it has a good following. Some say lots like $1000 for 50k while others say like $40. I have no idea why there is such a major difference in opinions hahaha.

Can someone try to give me an example of what a large account could potentially sell for?
Long term is selling shutouts fairly profitable if you have a good niche?

What are your thoughts on this: Grow to sell or Grow to slowly profit?

Thanks for any advise! I appreciate any help

P.S.-And sorry for my noob questions LOL.

 

[BillTomy]

You can do the both ...why not
"Grow to sell or Grow to slowly profit"

 

[TimCSUF]

You can do the both ...why not

That is true! But if it takes me many months to build it, is the profit from selling actually worth the time?

 

[m4nuell]

Grow a small network of instagram pages in a specific niche, then start new pages in the same niche and shoutout those with your already grown network. Sell and repeat. Profit.

 

[Thenub]

I wouldn't think so.

Considering it takes roughly 3-5 months to get 50k followers and to sell it for $500-1500.
Id rather keep and monetize it and make like $xxx/month with it

 

[goodperson]

"Some say lots like $1000 for 50k while others say like $40"

Price is low or high depends on quality traffic from your account and importance is you meet buyer who is really need it. You will have a good deal for your account.