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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 host 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 with Bluehost.

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

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

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Therefore, lets say you produced a lead generation website 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 some real estate professional in their area.

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

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You could also earn money by having advertisers on your website. Note that you would need to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your website at the top of search engine pages will be critical for success.

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 with a distinctive rewards shopping site. You will find sites which 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 website named Ebates, which will pay you $10 just for signing up.

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

Again, your earning plan goes out the window if you buy things you dont need simply 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 create an online store that offers read more goods from certain manufacturers.

A person visits your site and requests 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 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 customer pays for the merchandise; you collect the gains, and the manufacturer shops and ships the goods to the customer. Its as straightforward as that.

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 which helps solve a issue or fills a need.

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

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

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

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

Granted you probably will not make a living off of only a few 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. check these guys out The key 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 great business idea can be a feasible source of passive income.