AMANN Memom is only 19 years old, owns two cars and moved out to Miami right after high school.
Amann is able to finance his Miami lifestyle out of high school through dropshipping[/caption]
How does he do it? Amann, otherwise known as TikToker AmannDoingStuff, revealed it all in his most recent video.
“I’m not making this video just to flex because I’m going to show you guys how you can do the same exact thing to make that much money every month,” he said.
Amann shared he uses a method called dropshipping.
What is dropshipping?
Dropshipping is a type of retail business where the seller accepts customer orders without the stock already on hand.
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A manufacturer then ships the product directly to the customer.
This way, the seller can make a profit on the difference between the item’s wholesale and retail price.
“Before you say it’s oversatured or it’s dead or it’s a scam, let me show you the legit way on how to do dropshipping,” Amann told followers.
Here are his steps to achieving true dropshipping success.
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First, he said you want to use one of the most beloved new social platforms, TikTok.
Amann explained to search hashtags like #AmazonFinds or #TikTokMadeMeBuyIt.
“The goal here is to scroll on these hashtags, and look for trendy, viral products,” Amann said.
Amann came across a compelling back cracker product that was blowing up across the platform.
The actual product, called the Chiroboard, is selling for $30.
However, with a little digging, one can find the item is going for way cheaper, as low as $11, on AliExpress.
After you find whatever product you want, he said to go to Shopify and create your own website.
“The great thing about dropshipping is you don’t have to worry about inventory or shipping out products in person because everything is literally online,” Amann said.
After creating a Shopify, TikTok and Instagram, he said all you have to do is order the product straight to your house and start recreating TikToks of the products.
By doing the same TikTok videos that were going viral, Amann’s own page gained significant traction.
From having multiple videos, he got millions of views, Amann brought in $30,000 that week with one product.
So, that’s it, Amann explained.
He just sells products online through TikTok and Instagram, and he’s able to net huge profits.
He said his salary ends up being around $20,000 every month, funding his Miami, two-car lifestyle.
Remember, all income must be reported to the Internal Revenue Service, even if it’s made from a side hustle
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