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In case you dont have a web site, you can begin 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 find special pricing of $2.95/month with Bluehost.

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

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

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

Within the site youd have links where individuals could contact you to learn more. When someone contacts you, you refer them to a real estate professional in their region.

The real 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 may 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 achievement.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I really have a friend who has 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 using a special rewards shopping website. You will find websites that will pay you every time you shop at certain online retailers.

You Extra resources 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 site named Ebates, which will pay 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 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 very popular.  Heres how it works: you make an online store that offers goods from certain manufacturers.

A person visits your site and requests a product, and then your machine 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 those cool things about this kind of business is that you do NOT need to purchase inventory. The client pays for the product; you collect the profits, and the manufacturer stores and ships the goods to the customer. Its as simple as that.

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

Online classes can be a terrific source of passive income. Heres how they work: you create 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 emails them everything they need to get the materials.

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

Everyday regular people like you and me are making money on YouTube. Every time someone watches one of your movies, advertisements can look, and you can earn money from those ads. The trick to becoming effective with YouTube is building a big enough subscriber and audience base.

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It can take a lot of time up front, however once your videos are live there's potential for you to create 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 movies if you really want this to take off.

Owning a business can be a fantastic passive income resource. The key 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.