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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 site sponsor a company that stores your site on servers so that 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 people click on the affiliate links on your site, you receive a commission at no additional cost . All they have to do is purchase a service or product.

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

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Therefore, lets say you produced a lead generation website that focuses on property. Youd utilize the website in order to educate people about home ownership. Or, youd educate them about property investing.

Within the site youd have links where individuals 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 pay you to the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.

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You could also make money by having advertisers on your website. Note that you may need 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 vital 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 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 website. You will find sites which will pay you every time you shop at certain online retailers.

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

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Using their double money back specials, then you can double your passive income earnings if the ideal items go on sale.

Again, your earning strategy goes out the window if you purchase 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, drop shipping has become remarkably common.  Heres how it works: you create an online shop that offers products from certain manufacturers.

A person visits your site click this link and orders a product, and then your system 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 you do NOT need to order inventory. The customer pays for the merchandise; you collect the gains, and the manufacturer shops and ships the products to the client. Its as straightforward as that.

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

Online classes can be a great source of passive income. Heres how they operate: you produce a value-packed online course which helps resolve a problem or meets a need.

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

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

Everyday regular people just like you and me are making money visit here on YouTube. Every time someone watches one of your movies, ads can look, and you can earn money from those ads. The key to becoming successful with YouTube is building a large enough subscriber and audience base.

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

Granted click over here you will likely not make a living off of just a couple of videos. Be prepared to create over 100 videos if you truly 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 the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.