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

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

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

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So, lets say you produced a lead generation website which focuses on real estate. Youd utilize the website to educate individuals 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 pay you for the lead. Its a hot 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 site. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the website successful. Getting your website at the top of search engine pages would 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 really have a friend who's done really well with this as he makes six figures per year selling his own products online.

You can earn even more money by signing up with a special rewards shopping website. There are websites that 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 website thats eligible for cash-back, youll receive a notification. I use a free site 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 on your shopping as normal, and potentially Look At This 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 offers goods from certain manufacturers.

A person visits your site 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 those cool things about this kind of business is that you do NOT need to purchase inventory. The customer pays for the merchandise; you collect the profits, and the manufacturer stores and ships the goods to the client. Its as simple as that.

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

Online classes can be a great source of passive income. Heres how they operate: you produce a value-packed online class which will help 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 program, and your system automatically mails them everything they need to access the materials.

You receive money for the price of the course which you just created. A platform for example 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 watches one of your videos, advertisements can appear, and you can earn money from these ads. The key 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, but once your videos have been dwell there is potential for you to create passive income from each video indefinitely.

Granted you probably will not make a living off of only a few videos. Be ready to create over 100 videos if you really want this to take off.

Owning a business can be a good passive income source. The key is in having the right 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 feasible source of passive income.