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

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

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

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

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Within the website youd have links where people 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 pay 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 could also earn money by having advertisers on your website. Note that you may need to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your site near the top of search engine pages will be critical for achievement.

Did you know you can sell your own products on Amazon and have them even ship the goods for you I actually have a friend who's done very well with this he earns 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 why not try these out you shop at certain online retailers.

You just download the sites browser extension and each time youre on an e-commerce website thats qualified 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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Using their double cash back specials, then you can double your passive income earnings in the event 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 normal, 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 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 those cool things about this kind 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 customer. Its as straightforward 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 work: you produce a value-packed online course which will help solve 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 course, and your system automatically emails them everything they need to access the materials.

You receive money for the purchase price of the course that you just created. A platform such as Teachable can perform all the heavy lifting for this page 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 those ads. The key to becoming successful with YouTube is building a big enough subscriber and viewer base.

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

Granted you probably will not make a living from only a few videos. Be ready to create over 100 videos if you truly want this to take off.

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

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