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If you dont have a website, you can start one for less than $3/month. Thats the price for getting a website host a company that stores your site on servers so it can be seen 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. That 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 provide referrals to local businesses.

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

The real estate professional would pay you for 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 site. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your website near the top of search engine pages would be critical for achievement.

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 has done very well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up with a distinctive rewards shopping site. You will find websites which will pay you every time you shop at certain online retailers.

You just download the websites browser extension and every time youre on an e-commerce website thats qualified for cash-back, youll receive a notification. I use a free website called Ebates, which will pay you $10 just for signing up.

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Using their dual money 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 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 very common.  Heres how it works: you create an online shop that offers goods from certain manufacturers.

A person visits your website and requests a product, and then your system sends the order 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 customer pays for the product; you collect the profits, and also 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 store.

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online class which will help resolve a issue 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 course, and your system automatically emails them everything they need to access the materials.

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

Regular regular people just like you and me are making money on YouTube. Each time someone watches one of your videos, ads can look, and you can earn money from those ads. The key to becoming successful with YouTube is building a large enough subscriber and audience base.

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It can take a great deal of time up front, however once your videos have been dwell there is potential for you to make passive income from each movie indefinitely.

Granted you probably will not make a living off of Full Article only a few videos. Be prepared to create over 100 videos if you truly want this to remove.

Owning a business can be a good passive income resource. The trick is in having the ideal people running the business for you. Whether it be via purchasing an existing business or opening a new business, your great business idea can be a viable source of passive income.

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