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If you dont have a website, you can begin one for less than $3/month. Thats the price for getting a website host 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 produce passive income. That is because when folks click on the affiliate links on your site, you receive a commission at no additional cost to them. All they have to do is buy a service or product.

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

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

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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 real estate professional would pay you for the lead. Its a hot lead and not a cold lead, so professionals are more willing to pay.

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You might also earn money by having advertisers on your website. Note that you may have to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your site near the top of search engine pages will be critical to 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 has done very well with this as he earns 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 websites which 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 website thats qualified for cash-back, youll receive 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 money back specials, then you can double your passive income earnings if the right things 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 usual, and potentially earn a view it now nice cash bonus in the process.

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

A person visits your website 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 client.

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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 merchandise; you collect the gains, and also the manufacturer stores and ships the products to the client. Its as straightforward as that.

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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 class that will help solve a problem or fills a need.

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

You receive money for the price of the course that you just created. A platform such as Teachable can do 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 watches one of your click now movies, ads can appear, and you can make money from those ads. The trick to becoming effective with YouTube is building a large enough subscriber and audience base.

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It can take a great deal of time up front, however once my sources your videos are live there's potential for you to create passive income from each movie indefinitely.

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

Owning a business can be a good passive income resource. The trick is in having the ideal 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 viable source of passive income.

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