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In case you dont have a web site, you can start one for less than $3/month. Thats the cost 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 with Bluehost.

Affiliate marketing can be a terrific way to make passive income. This is because when folks click on the affiliate links on your site, you receive a commission at no additional cost to them. All they have to do is purchase a product or service.

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

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So, lets say you produced a lead generation website which focuses on property. Youd use the website in order to educate people about home ownership. Or, youd educate them about property investing.

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

The actual estate professional would pay you for the lead. Its a warm 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 website successful. Getting your website at the top of search engine pages will be vital to achievement.

Did you know 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 really well with this he earns six figures per year selling his own products online.

You can earn even more money by signing up using a special rewards shopping site. There are websites that will pay you each 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 i was reading this get a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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

Again, your earning plan 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 process.

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

A person visits your site and requests a product, and then your system sends the purchase to the particular 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 client pays for the product; you collect the profits, and the manufacturer shops and ships the products to the customer. 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 operate: you produce a value-packed online course which will help resolve a problem or fills a need.

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

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

Everyday regular people like you and me are making money on YouTube. Each time someone reaches one of your movies, advertisements can appear, and you can make money from those ads. The key to becoming successful with YouTube is building a big enough subscriber and audience base.

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

Granted you will likely not make a living from only a couple of videos. Be ready to make 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 through purchasing an existing business or opening a new business, your great business idea can be a viable source of passive income.