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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 site sponsor 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 with Bluehost.

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

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

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

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 for the lead. Its a warm lead and not a cold lead, 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 would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website near the top of search engine pages will be critical to achievement.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually 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 with a distinctive rewards shopping site. You will find websites that will pay you each time you shop at certain online retailers.

You just download the sites browser extension and each time youre on an e-commerce site thats eligible for cash-back, youll get a notification. I use a free website named Ebates, which will cover you $10 just for signing up.

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Using their dual cash back specials, you can double your passive income earnings if the ideal things go on the market.

Again, your earning strategy goes out the window if you buy things you dont need just to earn rewards. Just go on your shopping as normal, and potentially earn a nice cash bonus in the process.

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

A person visits your site and orders 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 Visit This Link you do NOT need to purchase inventory. The customer pays for the product; you collect the profits, and also the manufacturer stores and ships the goods to the customer. Its as straightforward as that.

In case youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online shop.

Online courses can be a terrific source of passive income. Heres how they work: you produce a value-packed online course that will help resolve a problem or fills a need.

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The class can include videos, e-books, and mails with pertinent information. Clients sign up to purchase the program, 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 of the heavy lifting for you when creating your course.

Regular regular people just like you and me are making money on YouTube. Every time someone reaches one of your videos, ads can appear, and you can earn money from those ads. The key to becoming effective with YouTube is building a large enough subscriber and viewer base.

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

Owning a business can be a fantastic passive income source. The key is in having the ideal people running More Help 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.