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In case you dont have a website, you can start one for less than $3/month. Thats the cost for getting a website host a company that stores your site on servers so that it can be viewed on the Internet.   Click here to find special pricing of $2.95/month using Bluehost.

Affiliate marketing can be a great way to make passive income. That is because when people 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 product or service.

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

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

Within the website youd have links in which people 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 to 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 site. Note that you may have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site at the top of search engine pages would be vital for success.

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 very well with this 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 site. There are sites that will pay you every time you shop at certain online retailers.

You simply download the websites browser extension and every time youre on an e-commerce site thats eligible for cash-back, youll get a notification. I use a free site called 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 ideal things go on the market.

Again, your earning plan goes out the window if you purchase things you dont need simply to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the process.

With the explosion of eCommerce, drop shipping has become remarkably popular.  Heres how it works: you make an online store that offers products from certain manufacturers.

A person visits your website and orders a product, and then your system sends the order to the particular 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 why not try this out 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.

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

Online courses can be a terrific source of passive income. Heres how they work: you create a value-packed online course which will help solve 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 buy the program, and your system automatically emails 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 the heavy lifting for you when creating your course.

Everyday regular people like you and me are making money on YouTube. Each time someone watches one of your videos, ads can appear, and you can make money from those ads. The key to becoming successful 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 is potential for one to create passive income from each video indefinitely.

Granted you probably will not make a living from just a few videos. Be ready to make over 100 movies if you truly want this to remove.

Owning a business can be a good passive income source. The trick 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 feasible source of passive income.