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If you dont have a web site, you can begin one for less than $3/month. Thats the price for getting a website sponsor a company that stores your website on servers so that it can be viewed on the Internet.   Click here to get special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a terrific way to produce passive income. That is because when people click on the affiliate links on your website, you are given a commission at no additional cost to them. All they need to do is buy a service or product.

Another way to make passive income is to create a lead generation website. Lead generation sites exist to provide warnings to local businesses.

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

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

The real estate professional would pay you to 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 make money by having advertisers on your site. Note that you may have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your website near the top of search engine pages would be critical to achievement.

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

You can earn even more money by signing up with a distinctive rewards shopping site. There are websites that will pay you every time you shop at certain online retailers.

You just download the websites browser extension and each time youre on an e-commerce site thats eligible for cash-back, youll receive a notification. I use a free website named Ebates, which will pay you $10 just for signing up.

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With their dual cash back specials, you can double your passive income earnings if the right things go on sale.

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

With the explosion of eCommerce, drop shipping has become very common.  Heres how it works: you create an online store that offers products from certain manufacturers.

A person visits your site and requests a product, and then your machine sends the purchase to the particular manufacturer. The manufacturer then completes the order by shipping it directly to the client.

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

In case 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 produce a value-packed online course that will help resolve a issue or meets a need.

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The course 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 access the materials.

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

Everyday regular people like you and me are making money on YouTube. Every time someone watches one of your movies, advertisements can look, and you can earn money from these ads. The trick to becoming effective with YouTube is building a large enough subscriber and viewer base.

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It can take a great deal of time up front, however once your videos are live there's potential for one to make passive income from each movie indefinitely.

Granted you will likely not make a living from just a couple of videos. find here Be ready to create over 100 videos if you truly want this to take off.

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