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If you dont have a web site, you can start one for less than $3/month. Thats the price for getting a site host a company that stores your site 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 receive a commission at no additional cost . All they have to do is buy a product or service.

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

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

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

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

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

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

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

You just download the sites browser extension and each time youre on an e-commerce site thats eligible for cash-back, youll receive 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 money back specials, then you can double your passive income earnings if the ideal items go on the market.

Again, your earning strategy goes out the window if you buy 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 common.  Heres how it works: you make an online shop that offers goods from certain manufacturers.

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

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One of the cool things about this type of business is that you do NOT need to purchase inventory. The customer pays for the merchandise; you collect the profits, and also the manufacturer stores and ships the products to the client. Its as straightforward as that.

If youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

Online courses can be a great source of passive income. Heres how they work: you create a value-packed online course that helps resolve a problem or fills a need.

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

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

Everyday regular people like you and me are making money on YouTube. Every time someone reaches one of your movies, ads can look, and you can make money from those ads. The trick to becoming effective check out here with YouTube is building a large enough subscriber and audience base.

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It can take a great deal of time up front, but once your videos are dwell there is potential for you to create passive income from each movie indefinitely.

Granted you probably will not make a living from only a few videos. Be ready to create over 100 videos if you really want this to remove.

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