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In case you dont have a website, you can begin one for less than $3/month. Thats the price for getting a website host a company that stores your website on servers so that it can be seen on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.

Affiliate marketing can be a great way to make passive income. This is because when folks click on the affiliate links on your website, you are given a commission at no additional cost . All they need to do is purchase a service or product.

Another way to produce passive income is to create a lead generation site. Lead generation sites exist to give warnings to local businesses.

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So, lets say you created a lead generation website which focuses on real estate. Youd utilize the website to educate people about home ownership. Or, youd instruct them about property investing.

Within the site youd have links where people could contact you to learn more. When someone contacts you, you refer them to a real estate professional in their area.

The real estate professional would pay you for the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.

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You could also earn money by having advertisers on your site. Note that you may need to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site near the top of search engine pages will be critical for achievement.

Did you know you can sell your own products on Amazon and have them even send the goods for you I really have a friend who has done very well with this as he makes six figures per year selling his own products online.

You can earn even more money by signing up with a special rewards shopping site. You will find websites that will pay you each time you shop at certain online retailers.

You simply download the sites browser extension and every time youre on an e-commerce site thats qualified for cash-back, youll get a notification. I use a free site called Ebates, which will cover you $10 just for signing up.

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Using their dual cash back specials, then you can double your passive income earnings in the event the right things go on the market.

Again, your earning strategy goes out the window if you purchase things you dont need just to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the procedure.

With the explosion of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you make an online shop that provides goods from certain manufacturers.

A person visits your website and orders a product, and then your system sends the purchase to the specific manufacturer. The manufacturer then completes the order by shipping it directly to the customer.

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One of those cool things about this kind of business is that you do NOT need to order inventory. The client pays for the merchandise; you collect the gains, and the manufacturer stores and ships the goods to the customer. Its as straightforward as that.

In case youre website here interested in starting a drop shipping business, consider using a platform such as Shopify to build your online shop.

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online course that helps solve a issue or meets a need.

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The course can include videos, e-books, and mails with pertinent information. Customers sign up to buy the course, and your system automatically mails them everything they need to get the materials.

You get money for the price of the course which site web you just created. A platform for example Teachable can do all the heavy lifting for you when creating your program.

Everyday regular people just like you and me are making money on YouTube. Every time someone watches one of your videos, advertisements can appear, and you can make money from those ads. The trick to becoming effective with YouTube is building a big enough subscriber and viewer base.

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It can take a lot of time up front, however once your videos have been dwell there's potential for you to make passive income from each movie indefinitely.

Granted you will likely not make a living from just a few videos. Be ready to make over 100 movies if you truly want this to take off.

Owning a business can be a fantastic passive income resource. The key is in having the right people running the business for you. Whether it be through purchasing an existing business or opening a new business, your great business idea can be a viable source of passive income.