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If 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 site on servers so that it can be viewed 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. This 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 referrals to local businesses.

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

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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 region.

The real estate professional would cover you for the lead. Its a hot lead and not a cold lead, 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 have to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website at 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 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 distinctive rewards shopping website. There are sites which will pay you each time you shop at certain online retailers.

You just download the sites 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 cover you $10 just for signing up.

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With their dual money back specials, then you can double your passive income earnings in the event the ideal items go on the market.

Again, your earning strategy goes out the window if you purchase things you dont need just to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the This Site process.

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

A person visits your website and orders a product, and then your machine sends the purchase to the specific 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 type of business is that you do NOT need to order inventory. The client pays for the product; you collect the gains, and the manufacturer shops and ships the goods to the customer. Its as simple as that.

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

Online classes can be a great source of passive income. Heres how they work: you produce a value-packed online course that will help 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 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 such as Teachable can perform all of the heavy lifting for you when creating your course.

Regular regular people just like you and me are making money on YouTube. Every time someone watches one of your videos, ads can appear, and you can earn money from those 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 lot of time up front, but once your videos have been dwell there's potential for one to make passive income from each movie indefinitely.

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

Owning a business can be a good passive income resource. The trick is in having the ideal 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 viable source of passive income.

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