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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 sponsor a company that stores your site on servers so it can be viewed on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.

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

Another way to produce passive income is to make a lead generation website. 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 property. Youd use the site to educate individuals about home ownership. Or, youd instruct them about property investing.

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

The actual estate professional would cover you to the lead. Its a hot lead and not a cold lead, so professionals would be 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) principles in order to make the site successful. Getting your site at 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 send the products for you I actually have a friend who's done very 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 distinctive rewards shopping site. There are 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 site thats eligible for cash-back, youll get a notification. I use a free site called Ebates, which will cover you could check here you $10 just for signing up.

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Using their double money back specials, you can double your passive income earnings if the right things go on sale.

Again, your earning plan goes out the window if you purchase things you dont need just 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 make an online store that provides goods from certain manufacturers.

A person More about the author visits your website and orders a product, and then your machine sends the order to the specific 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 type of business is that you do NOT need to purchase inventory. The customer pays for the merchandise; you collect the gains, and the manufacturer stores and ships the goods to the client. 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 shop.

Online classes can be a terrific source of passive income. Heres how they work: you create a value-packed online class that helps solve a problem or fills a need.

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The class can include videos, e-books, and emails with pertinent information. Customers sign up to purchase the course, and your system automatically emails them everything they need to get the materials.

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

Everyday regular people like you and me are making money on YouTube. Each time someone reaches one of your movies, advertisements can look, and you can make money from these ads. The trick to becoming effective with YouTube is building a large enough subscriber and viewer base.

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It can take a great deal of time up front, but once your videos are dwell there is potential for one to make passive income from each video indefinitely.

Granted you will likely not make a living off of just a couple of videos. Be ready to make over 100 movies if you really want this to remove.

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