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In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site sponsor 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 great way to make passive income. That is because when people click on the affiliate links on your website, you are given a commission at no additional cost . All they have to do is purchase a service or product.

Another way to produce passive income is to make a lead generation site. Lead generation sites exist to provide referrals to local businesses.

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

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

The actual estate professional would cover you to 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 make money by having advertisers on your website. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site near the top of search engine pages will be vital to success.

Did you know that you can sell your own products on Amazon and have them even send the goods for you I really 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 special rewards shopping site. You will find sites that will pay you every 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 receive a notification. I use a free website named Ebates, which will pay you $10 just for signing up.

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With their double cash back specials, then you can double your passive income earnings if 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 very popular.  Heres how it works: you create an online store that provides products from certain manufacturers.

A person visits your website 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 customer.

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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 goods to the customer. Its as straightforward as that.

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

Online courses can be a great source of passive income. Heres how they operate: you produce a value-packed online class which helps resolve a issue or meets a need.

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

You receive money for the purchase price of the course which you just created. A platform such as Teachable can do 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 reaches one of your movies, advertisements can look, and you can earn money from those 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, however once your videos have been 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 few videos. Be ready to make over 100 movies this link if you really want this to take off.

Owning a business can be a good passive income resource. The key is in having the right people running the business for you. Whether it be via the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.