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In case you dont have a web site, 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 that it can be seen on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.

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

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

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

Within the website youd have links in which people 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 cover you for the lead. Its a warm lead and not a cold lead, so professionals are more willing to pay.

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You could 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 would be critical to achievement.

Did you know that 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 with a special rewards shopping site. There are websites that will pay you each time you shop at certain online retailers.

You simply download the websites browser extension and each time youre on an e-commerce website thats eligible for cash-back, youll get a notification. I use a free site called Ebates, which will pay 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 items go on additional hints the market.

Again, your earning plan goes out the window if you purchase things you dont need simply 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 common.  Heres how it works: you create an online shop 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 it directly to the customer.

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One of the 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 the manufacturer stores and ships the products to the customer. Its as simple as that.

In case youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online store.

Online courses can be a terrific source of passive income. Heres how helpful hints they work: you create a value-packed online course which will help resolve a problem or meets a need.

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

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

Regular regular people like you and me are making money on YouTube. Every time someone reaches one of your videos, ads can look, 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 dwell there's potential for one to create passive income from each movie indefinitely.

Granted you will likely not make a living from only a couple of videos. Be prepared to make over 100 videos if you truly want this to remove.

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