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

Affiliate marketing can be a terrific way to produce passive income. This is because when people click on the affiliate links on your website, you receive a commission at no additional cost to them. All they have to do is purchase a service or product.

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

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So, lets say you created a lead generation website that focuses on real estate. Youd utilize the website in order to educate individuals about home ownership. Or, youd instruct them about real estate 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 some real estate professional in their area.

The actual estate professional would pay you to the lead. Its a warm 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 site. Note that you would have to understand SEO (Search Engine Optimization) principles 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 that you can sell your own products on Amazon and have them even send the goods for you I actually have a friend who has done really well with this as he earns six figures per year selling his own products online.

You can earn even more money by signing up with a special rewards shopping site. There are sites that will pay you each time you shop at certain explanation online retailers.

You simply download the websites browser extension and each time youre on an e-commerce website thats qualified for cash-back, youll get 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 if the right things 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 usual, 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 store that provides products from he has a good point certain manufacturers.

A person visits your website and requests a product, and then your system sends the order 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 purchase inventory. The client pays for the product; you collect the gains, and the manufacturer shops and ships the goods to the customer. Its as simple as that.

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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 terrific source of passive income. Heres how they work: you create a value-packed online class 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 course, go to website and your system automatically emails them everything they need to access the materials.

You get money for the purchase 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 like you and me are making money on YouTube. Every time someone watches one of your videos, advertisements can look, and you can earn money from these ads. The trick to becoming effective with YouTube is building a big enough subscriber and audience base.

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It can take a great deal of time up front, but once your videos are dwell there is potential for one to make passive income from each movie indefinitely.

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

Owning a business can be a fantastic passive income source. 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 good business idea can be a viable source of passive income.

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