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In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site sponsor a company that stores your website on servers so that it can be seen on the Internet.   Click here to get special pricing of $2.95/month using 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 . All they have to do is purchase a product or service.

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

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Therefore, lets say you produced a lead generation site which focuses on real estate. Youd utilize the website in order to educate individuals about home ownership. Or, youd instruct them about property investing.

Within the site 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 area.

The actual estate professional would cover you for the lead. Its a warm lead and not a cold lead, so professionals would be more willing to pay.

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You might also earn money by having advertisers on your site. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site near the top of search engine pages would be critical to achievement.

Did you know that you can sell your own products on Amazon and have them even ship the goods 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 website. There are sites that will pay you each 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 receive a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their double cash back specials, you can double your passive income earnings if the ideal 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 about your shopping as normal, and potentially earn a nice cash bonus in the process.

With the explosion of eCommerce, go to the website drop shipping has become remarkably 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 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 product; you collect the gains, and the manufacturer shops and ships the products to the customer. Its as simple as that.

If youre interested in starting a drop shipping business, consider using a platform such as Shopify to build your online shop.

Online courses can be a great source of passive income. Heres how they work: you create a value-packed Home Page online course which 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. Customers sign up to buy the program, and your system automatically mails them everything they need to get the materials.

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

Everyday regular people just like you and me are making money on YouTube. Every time someone reaches one of your movies, ads can appear, and you can earn money from those 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 lot of time up front, however once your videos have been live there's potential for one to create passive income from each movie indefinitely.

Granted you will likely not make a living from only a couple of videos. Be ready to create over 100 videos 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 via purchasing an existing business or opening find out this here a new business, your great business idea can be a viable source of passive income.