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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 website sponsor 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 great way to produce passive income. That is because when people click on the affiliate links on your website, you receive a commission at no additional cost . All they have to do is buy a product or service.

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

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So, lets say you created a lead generation website which focuses on property. Youd utilize the website to educate people about home ownership. Or, youd instruct them about real estate investing.

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Within the site youd have links where individuals 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 encounter, so professionals are more willing to pay.

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You could also earn money by having advertisers on your site. Note that you would have to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website near the top of search engine pages would be vital to success.

Did you know that you can sell your own products on Amazon and have them even ship the products for you I really have a friend who has 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 distinctive rewards shopping site. There are sites which will pay you every time you shop at certain online retailers.

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

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

Again, your earning strategy goes out the window if you buy things you dont need just to earn rewards. Just go on your shopping as usual, and potentially earn a nice cash bonus in the procedure.

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

A person visits your site and requests 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 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 customer pays for the product; you collect the profits, and also the manufacturer stores 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 like Shopify to build your online store.

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

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

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

Everyday regular people just like you and me are making money on YouTube. Every time someone reaches one of your movies, advertisements can look, and you can make money from these look at this website 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 lot of time up front, but once your videos have been dwell there's potential for one to make passive income from each video indefinitely.

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

Owning a business can be a fantastic passive income source. The key 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 feasible source of passive income.

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