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In case you dont have a website, you can begin one for less than $3/month. Thats the cost for getting a site 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 produce passive income. This is because when folks click on the affiliate links on your site, you receive a commission at no additional cost . All they have to do is purchase a product or service.

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

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Therefore, lets say you created a lead generation website which focuses on real estate. Youd utilize the site to educate individuals about home ownership. Or, youd educate them about real estate investing.

Within the site youd have links where individuals 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 warm lead and not a cold encounter, so professionals would be more willing to pay.

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

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's done really well with this as he makes 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 which will pay you every time you shop at certain online retailers.

You simply 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 website called Ebates, which will cover you $10 just for signing up.

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Using their double cash back specials, you can double your passive income earnings if the ideal things go on the market.

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

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

A person visits your site and orders 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 client.

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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 merchandise; you collect the profits, and the manufacturer shops and ships the goods to the customer. Its as straightforward as that.

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

Online courses can be a terrific source of passive income. Heres how they operate: you produce a value-packed online class which will help resolve a problem or fills a need.

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

You receive money for the purchase price of explanation the course that you just created. A platform such as Teachable can do all the heavy lifting for you when creating your program.

Everyday regular people like you and me are making money on YouTube. Every time someone watches one of your videos, advertisements can look, and you can make money from these 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 great deal of time up front, but once your videos have been live there's potential for one to create passive income from each video indefinitely.

Granted you will likely not make a living off of only a few videos. Be ready to create over 100 read this post here movies if you really want this to take off.

Owning a business can be a fantastic passive income resource. The key is in having the ideal 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 feasible source of passive income.