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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 sponsor a company that stores your site on servers so that it can be seen on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a great way to produce passive income. This is because when people click on the affiliate links on your site, you are given a commission at no additional cost . All they need to do is buy a service or product.

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

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

Within the website 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 area.

The real estate professional would cover you to the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.

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You might also earn money by having advertisers on your site. Note that you may have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your website at the top of search engine pages will be vital for achievement.

Did you know that you can sell your own products on Amazon and have them even send the products for you I really 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 with a special rewards shopping website. There are sites which will pay you each time you shop at certain online retailers.

You just download the websites browser extension and each time youre on an e-commerce website thats eligible 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 double cash back specials, you can double these details your passive income earnings in the event the ideal items go on the market.

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

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

A person visits your website and orders a product, and then your system sends the order to the particular 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 kind of business is that you do NOT need to order inventory. The client pays for the product; you collect the profits, and the manufacturer shops and ships the products to the customer. Its as simple as that.

If youre interested in starting a drop check out this site 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 operate: you produce a value-packed online class which helps resolve a problem or meets a need.

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

You receive money for the price of the course which you created. A platform for example click Teachable can do all of the heavy lifting for you when creating your course.

Regular regular people like you and me are making money on YouTube. Every time someone watches one of your movies, advertisements can look, and you can make money from these ads. The key to becoming successful with YouTube is building a large enough subscriber and viewer base.

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

Granted you probably will not make a living off of only a couple of videos. Be ready to make over 100 videos if you really want this to take off.

Owning a business can be a good passive income source. The key is in having the right 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.