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

Affiliate marketing can be a great way to produce passive income. This is because when people 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 make passive income is to make a lead generation website. Lead generation sites exist to provide referrals to local businesses.

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

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

The actual estate professional would cover 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 make money by having advertisers on your site. 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 will be vital to achievement.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I really have a friend who's 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 using a distinctive rewards shopping site. There are 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 website thats qualified for cash-back, youll receive a notification. I use a free site 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 ideal items go on the market.

Again, your earning plan goes out the window if you purchase things you dont need simply to earn rewards. Just go about your shopping as normal, 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 make an online store that provides goods from certain manufacturers.

A person visits your website and orders a product, and then your system sends the purchase to the particular manufacturer. The manufacturer then completes the order by shipping see this here 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 purchase inventory. The customer pays for the merchandise; you collect the gains, and the manufacturer stores and ships the goods to the customer. Its as straightforward as that.

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

Online courses can be a great source of passive income. Heres how they operate: you create a value-packed online class that will help resolve 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 purchase 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 such as Teachable can perform all of the heavy lifting for you when creating your program.

Everyday regular people like you and me are making money on YouTube. Each time someone watches one of your videos, ads can appear, and you can make money from these ads. The key to becoming successful with YouTube is building a large enough subscriber and viewer base.

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It can take a lot of time up front, but once your videos are live there is potential for one to create passive income from each movie indefinitely.

Granted you will likely not make a living from only a few videos. Be prepared to make over 100 videos if you really 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 via the purchase of an existing business or opening a new business, your good business idea can be a feasible source of passive income.

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