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

Affiliate marketing can be a terrific way to make passive income. That is because when folks click on the affiliate links on your site, you are given a commission at no additional cost . All they have to do is purchase a product or service.

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

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

Within the site youd have links where people 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 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 might also make money by having advertisers on your website. Note that you may have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website near the top of search engine pages will be vital for success.

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

You simply download the websites browser extension and each time youre on an e-commerce site thats qualified 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, you can double your passive income earnings if the ideal items go site on the market.

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

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

A person visits your site and orders 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 type of business is that you do NOT need to order inventory. The client pays for the product; you collect the gains, and also the manufacturer stores and ships the goods to the client. Its as simple 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 can be a great source of passive income. Heres how they operate: you create a value-packed online course which helps solve a problem or meets a need.

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The class can include videos, e-books, and mails with pertinent information. Customers sign up to buy the program, and your system automatically mails them everything they need to get the materials.

You receive money for the price of the course that you more tips here created. A platform such as Teachable can perform all the heavy lifting for you when creating your program.

Everyday regular people like you and me are making money on YouTube. Each time someone watches one of your movies, advertisements can look, and you can make money from these ads. The trick Click Here to becoming effective with YouTube is building a large enough subscriber and viewer base.

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It can take a lot of time up front, but once your videos are live there's potential for one to make passive income from each movie indefinitely.

Granted you will likely not make a living off of just a few videos. Be prepared to make over 100 movies if you really want this to take off.

Owning a business can be a good passive income source. The trick is in having the ideal people running the business for you. Whether it be via the purchase of an existing business or opening a new business, your good business idea can be a feasible source of passive income.