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If you dont have a website, you can start one for less than $3/month. Thats the price for getting a site sponsor a company that stores your site on servers so it can be viewed on the Internet.  Click here to get special pricing of $2.95/month with Bluehost.
Affiliate marketing can be a great way to make passive income. This is because when people 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 site which focuses on property. Youd use the site in order to educate individuals about home ownership. Or, youd educate them about real estate investing.
The real estate professional would cover you for the lead. Its a warm lead and not a cold encounter, so professionals are more willing to pay.
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You could also make money by having advertisers on your site. Note that you would have to understand SEO (Search Engine Optimization) rules in order to make the website successful. Getting your site near the top of search engine pages would be vital to success.
Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually have a friend who's done really well with this he makes six figures per year selling his own products online.
You can earn even more money by signing up using a special rewards shopping website. There are sites which will pay you every time you shop at certain online retailers.
You just download the sites browser extension and each time youre on an e-commerce site thats qualified for cash-back, youll get a notification. I use a free site called Ebates, which will pay you $10 just for signing up.
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Using their dual cash back specials, you can double your passive income earnings if the right items go on the market.
Again, your earning strategy goes out the window if you purchase 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 investigate this site shipping has become very common. 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 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 client pays for the product; you collect the gains, and the manufacturer stores and ships the products to the customer. Its as straightforward as that.
Online courses can be a great source of passive income. Heres how they work: you produce a value-packed online class which helps solve a problem or fills 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 access the materials.
You receive money for the price of the course that you created. A platform for example 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 reaches one of your videos, ads can look, and you can earn money from these 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, but once your videos have been dwell site web there's potential for one 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 create over 100 movies if you 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 through the purchase of an existing business or opening a new business, your great business idea can be a viable source of passive income.