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If you dont have a web site, you can begin 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 using Bluehost.

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

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

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

The actual estate professional would cover you to 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 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 goods 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 site. There are sites which will pay you every time you shop at certain online retailers.

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

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With 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 purchase 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 common.  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 read what he said machine 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 client pays for the product; you collect the profits, and the manufacturer shops 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 shop.

Online classes can be a great source of passive income. Heres how they operate: you produce a value-packed online course that will help solve a problem or meets a need.

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

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

Everyday regular people just like you and me are making money on YouTube. Every time someone reaches one of your videos, advertisements can look, and you can make money from those ads. The trick to becoming successful with YouTube is building a big enough subscriber and viewer base.

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It can take a lot of time up front, but once your videos are dwell there's potential for you to create passive income from each movie indefinitely.

Granted you probably will not make a living off of just a couple of videos. Be prepared to make over 100 videos if you truly want this to take off.

Owning a business can be a fantastic passive income resource. The trick is in having the right people running the business for you. Whether it see this page be via purchasing an existing business or opening a new business, your great business idea can be a feasible source of passive income.