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In case you dont have a website, you can begin one for less than $3/month. Thats the price for getting a site host a company that stores your site 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 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 need to do is purchase a product or service.

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

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So, lets say you created a lead generation site that focuses on property. Youd utilize the website in order to educate people 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 a real estate professional in their region.

The actual estate professional would cover you for the lead. Its a hot lead and not a cold lead, 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 may have 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 vital to success.

Did you know you can sell your own products on Amazon and have them even send the goods for you I actually 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 with a special rewards shopping site. You will find sites 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 eligible for cash-back, youll get a notification. I use a free site named Ebates, which will pay you $10 just for signing up.

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Using their double money back specials, you can double your passive income earnings if the right items go on the market.

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

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

A person visits your website and orders a product, and then your machine sends the order to the particular 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 gains, and the manufacturer shops and ships the goods 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 as Shopify to build your online shop.

Online classes can be a great source of passive income. Heres how they operate: you produce a value-packed online course which will help solve a issue or meets a need.

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The class 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 get 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 course.

Everyday regular people just like you and me are making money on YouTube. Each time someone watches one of your movies, ads can look, and you can make 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 great deal of time up front, however once your videos are dwell there's potential for you to create passive income from each movie indefinitely.

Granted find more information you will likely not make a living from only a few videos. Be prepared to create over 100 videos if you truly want this to take off.

Owning a business can be a good passive income source. 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 good business idea can be a viable source of passive income.

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