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In case you dont have a website, 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 using Bluehost.

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

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

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

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

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You could also earn money by having advertisers on your website. Note that you would have 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 very 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 special rewards shopping site. You will find sites which 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 cover you $10 just for signing up.

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With their dual cash back specials, then you can double your passive income earnings in the event the right things go on the market.

Again, your earning strategy goes out the window if you purchase things you dont need just 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 remarkably popular.  Heres how it works: you make an online store that offers goods from certain manufacturers.

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

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

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In case youre interested in starting a drop shipping business, consider using a platform such you could check here as Shopify to build visit homepage your online shop.

Online courses can be a terrific source of passive income. Heres how they work: you produce a value-packed online class which 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 mails them everything they need to access the materials.

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

Everyday regular people just like you and me are making money on YouTube. Every time someone reaches one of your movies, ads can appear, and you can earn money from these ads. The key to becoming effective with YouTube is building a big enough subscriber and viewer base.

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It can take a lot of time up front, but once your videos have been live there's potential for you 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 make over 100 movies if you really want this to remove.

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

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