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If 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 that it can be seen on the Internet.   Click here to get special pricing of $2.95/month with Bluehost.

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

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

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

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Within the site youd have links in which people 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 pay you to the lead. Its a hot lead and not a cold encounter, so professionals are more willing to pay.

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

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

You simply download the sites browser extension and every time youre on an e-commerce website thats eligible 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 in great site the event the ideal things 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 procedure.

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

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

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In case 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 terrific source of he said passive income. Heres how they operate: you create a value-packed online class that helps resolve a problem or meets a need.

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

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

Everyday regular people just like you and me are making money on YouTube. Each time someone reaches one of your videos, ads can appear, and you can make money from those ads. The key to becoming effective with YouTube is building a big enough subscriber and viewer base.

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

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

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 through the purchase of an existing business or opening a new business, your good business idea can be a viable source of passive income.

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