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If you dont have a website, you can start one for less than $3/month. Thats the cost 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 using Bluehost.

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

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

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

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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 actual estate professional would cover you for the lead. Its a warm lead and not a cold encounter, so professionals are more willing to pay.

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You might 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 near the top of search engine pages would be vital for success.

Did you know that you can sell your own products on Amazon and have them even ship the goods for you I really have a friend who's done really 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 website. You will find sites that 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 qualified for cash-back, youll receive a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their dual money back specials, you can double your passive income earnings if the ideal items go on sale.

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 provides products from certain manufacturers.

A person visits your click to investigate website and orders 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 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 merchandise; you collect the gains, and the manufacturer stores and ships the goods to the client. Its as straightforward as that.

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If youre interested in starting a drop shipping business, consider using a platform such as Shopify to build your online shop.

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online course that helps resolve a problem or fills 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 which you created. A platform such as Teachable can do all the heavy lifting for you when creating your program.

Regular regular people like you and me are making money on YouTube. Every time someone article source watches one of your videos, ads can look, and you can make money from those ads. The trick to becoming successful with YouTube is building a big enough subscriber and audience base.

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It can take a great deal of time up front, but once your videos are live 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 prepared to create over 100 videos if you really want this to remove.

Owning a business can be a fantastic passive income resource. The trick 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 viable source of passive income.

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