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

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

Another way to make passive income is to make a lead generation website. Lead generation websites exist to provide warnings to local businesses.

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

Within the website youd have links in which people could contact you to learn more. When someone contacts you, you refer them to some real estate professional in their region.

The real estate professional would pay you for 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 website. Note that you would 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 for 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'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 website. There are sites that 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 receive a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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Using their double cash back specials, then you can double your passive income earnings in the event the right things go on the market.

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

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

A person visits your website and orders a product, and then your machine 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 order inventory. The customer pays for the product; you collect the gains, and the manufacturer shops and ships the products to the client. Its as simple as that.

In case youre interested in starting a drop shipping business, consider using a platform like Shopify to build your online shop.

Online classes can be a terrific source of passive income. Heres how they work: you produce a value-packed online class which will help resolve a problem or meets a need.

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

You get money for the purchase price of the course which you just created. A platform such as Teachable can perform all the heavy lifting for you when creating your program.

Regular regular people like you and me are making money on YouTube. Every time someone reaches one of your movies, ads can look, and you can earn money from those ads. The trick to becoming successful 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, however once your videos have been redirected here live there is potential for you to create passive income from each movie indefinitely.

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

Owning a business can be a good passive income resource. The trick is in having the right people running the business for you. Whether it be through purchasing an existing business or opening a new business, your good business idea can be a viable source of passive income.