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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 site host a company that stores your website on servers so it can be seen on the Internet.   Click here to get special pricing of $2.95/month using Bluehost.

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

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

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

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Within the website youd have links in which 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 hot lead and not a cold encounter, so professionals are more willing to pay.

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You could also make money by having advertisers on your website. Note that you may have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site near the top of search engine pages would be critical to 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 has 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 website. There are websites 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 website thats eligible for cash-back, youll get a notification. I use a free website named Ebates, which will pay you $10 just for signing up.

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Using their dual cash back specials, then you can double your passive income earnings in the event the ideal items go on sale.

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 normal, and potentially earn a nice cash bonus in the process.

With the explosion basics of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you create an online shop that provides goods from certain manufacturers.

A person visits your site and requests a product, and then your system sends the order to the specific 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 kind 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 products to the customer. Its as simple as that.

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

Online classes can be a great source of passive income. Heres how they work: you create a value-packed online course that helps solve 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 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 created. A platform for example Teachable can do all the heavy lifting for you when creating your program.

Everyday regular people just like you and me are making money on YouTube. Each time someone reaches one of your videos, ads can look, and you can make money from those ads. The key to becoming successful 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 have been live there's potential for one to create passive income from each video indefinitely.

Granted you will likely not make a living off of only a couple of videos. Be ready to make over 100 videos if you really want this to take click to read more 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 via 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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