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In case you dont have a website, you can begin one for less than $3/month. Thats the cost for getting a website sponsor a company that stores your website 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 produce passive income. That is because when people click on the affiliate links on your website, you receive a commission at no additional cost . All they need to do is purchase a product or service.

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

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Therefore, lets say you created a lead generation site that focuses on real estate. Youd utilize the website to educate people 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 to the lead. Its a hot lead and not a cold lead, 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 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 that you can sell your own products on Amazon and have them even send the goods for you I actually have a friend who's done very 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 distinctive rewards shopping website. There are websites 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 site thats qualified for cash-back, youll get a notification. I use a free website called Ebates, which will cover you $10 just for signing up.

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With their dual cash back specials, you can double your passive income earnings if the ideal things go on sale.

Again, your earning plan goes out the window if you buy things you dont need just to earn rewards. Just go on 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 products from certain manufacturers.

A person visits your site 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 customer.

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One of the 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 also the manufacturer shops 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 store.

Online classes can be a Click Here terrific source of passive income. Heres how they work: you produce a value-packed online class which helps resolve a issue or fills a need.

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

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

Everyday regular people just 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 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 great deal of time up front, but once your videos have been live there's potential for one to make passive income from each video indefinitely.

Granted you will likely not make a living off of just a couple of videos. Be prepared to make over 100 videos if you webpage truly want this to remove.

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 via the purchase of an existing business or opening a new business, your good business idea can be a feasible source of passive income.