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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 website host a company that stores your site on servers so that it can be viewed on the Internet.   Click here to get special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a great 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 to them. All they have to do is purchase 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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So, lets say you created a lead generation site which focuses on real estate. Youd utilize the website to educate individuals about home ownership. Or, youd educate them about real estate investing.

Within the site youd have links in which people could contact you to learn more. When someone contacts you, you refer them to some real estate professional in their area.

The real 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 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 near the top of search engine pages would be vital for success.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually have a friend who has done really 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 website. You will find websites 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 site thats qualified for cash-back, youll receive a notification. I use a free website called Ebates, which will pay you $10 just for signing up.

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

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 remarkably popular.  Heres how it works: you create an online shop that offers products from certain manufacturers.

A person visits your site and requests a product, and then your machine sends the order to the specific manufacturer. The manufacturer then completes the order by shipping it directly to the client.

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One of those cool things about this type of business is that you do NOT need to purchase inventory. The client pays for the product; you collect the gains, and the manufacturer stores and ships the products to the customer. 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 courses see this website can be a great source of passive income. Heres how they work: you produce a value-packed online class that will help resolve a issue or fills a need.

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The course can include videos, e-books, and emails with pertinent information. Clients 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 perform all the heavy lifting for you when creating your course.

Regular regular people just like you and me are making money on YouTube. Every time someone watches one of your videos, advertisements can look, and you can make money from these ads. The trick to becoming successful with YouTube is building a big enough subscriber and audience Discover More Here base.

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It can take a lot of time up front, however once your videos have been dwell there's potential for one to create passive income from each video indefinitely.

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

Owning a business can be a fantastic 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.