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In case you dont have a website, you can begin one for less than $3/month. Thats the price for getting a website host a company that stores your site on servers so that it can be seen 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 folks click on the affiliate links on your website, you receive a commission at no additional cost . All they have to do is buy 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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So, lets say you created a lead generation site which focuses on real estate. Youd utilize the website to educate people about home ownership. Or, youd instruct them about real estate investing.

Within the website youd have links where individuals 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 are more willing to pay.

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You could also earn money by having advertisers on your website. Note that you may 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 ship the products for you I actually have a friend who has done really 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 distinctive rewards shopping site. There are websites which will pay you each time you shop at certain online retailers.

You simply download the sites browser extension and every time youre on an e-commerce site thats eligible for cash-back, youll get a notification. I use a free website called Ebates, which will pay you $10 just for signing up.

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Using their double cash back specials, then you can double your passive income earnings in the event the ideal things go on the market.

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

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

A person visits your site and requests a product, and then your machine sends the order 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 purchase inventory. The client pays for the product; you collect the profits, and the manufacturer shops and ships the products to the client. Its as simple as that.

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 terrific source of passive income. Heres how they operate: you create a value-packed online class which will help solve 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 get money for the purchase price of the course that you 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 these ads. The trick 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, however once your videos are dwell there's potential for you to create passive income from each movie indefinitely.

Granted you will likely not make a living from only a couple of videos. Be prepared to make over 100 movies if you truly want this to take off.

Owning a business can be a fantastic passive income source. The key is in having the ideal people running the business for you. Whether Your Domain Name it be through the purchase of an existing business or opening a new business, your great business idea can be a feasible source of passive income.