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Monday 16 March 2009

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Wednesday 16 January 2008

Paid Surveys Online - An easy way to make money online?

Paid surveys are being promoted as an easy way to make money online. Some ads promise you up to $250 per hour for taking paid surveys. Are they realistic? Can one really expect to earn that much money from online paid surveys? Let us find out the answers to these questions.

Such advertisements are usually put up by paid survey database companies like Surveyscout. They charge you for giving access to a database of market research companies, often in the range of $30 to $60. They typically have 400 to 500 survey companies in their database.

Is it worth paying these companies to get access to such a database? Whatever information you get from these companies, you can get for free on the internet on many free online survey sites. Secondly, these survey database companies do not send any surveys by themselves, and you have to join each market research company in their database individually to get any surveys. In addition, most of the survey companies in their databases are good for nothing. Only about 40 to 50 survey companies are really worth joining.

What does this mean? If you are planning to try online surveys, you never have to pay anyone. You can get the list of the best survey companies for free on the internet. You can join them and get started.

Now let us take a closer look at on the rewards offered by paid online surveys. Survey companies can be divided into those which reward you with cash for each survey, those that give you points which can be redeemed for cash, and those which enter you into sweepstakes or prizedraws.

Survey companies that pay cash give $1 to $20 or more per online survey depending on many factors. This group includes many of the best survey sites like American Consumer Opinion Panel, Surveysavvy, Ciao Surveys, Greenfield online(Gozing) and Pinecone Research. You can expect to get 1 to 4 surveys per month from each site.

Surveys that reward you with points let you accumulate reward points which you can later redeem for cash or gifts. Some of the most reputed market research companies like Globaltestmarket, Opinion Outpost, NFO Mysurvey and Lightspeed Research reward you in this way.

Yet other companies enter you into draws for cash or gifts as reward for taking surveys. Although many people don't like this form of reward system, your chances of getting the prize is quite good as the pool to select the prize winners is usually small. Some good survey companies that follow this reward system are Synovate, NPD Research, NOP World (Surveys.com), ECN Research and Nielsen Netratings.

Another important factor which determines how much you can earn from online surveys is your profile, particularly your country. Generally residents of the USA and Canada can expect to make more money from paid surveys, as there are more market research companies operating in these countries. Also they get more frequent surveys. However, participants from other countries can also hope to make some good extra money from paid online surveys.

All said and done, the maximum earnings an average person can expect from doing paid surveys is not more than $200 to $300 per month. This can be a good source of extra income for some people. But the claims that paid surveys can make you rich or replace your real job are largely unfounded. Hence, it is always best to stay with free paid surveys.

Can You Really Make Money with Online Surveys?

I am sure you have seen the "Paid Survey" sites that claim
to pay you for your opinion. Question is: Will they really
pay you for just taking simple surveys online?

Well, I did a little experiment. Actually, it was a pretty
big experiment. I researched several hundred of these
companies.

What did I find? You guessed it:

Most were scams.

They want your email address so they can spam you. Or they
require you to accumulate 10 million zillion points before
they pay you. Or they say they pay but don't.

But, as I was weeding out all the scams I would
occasionally come across a legitimate company. It didn't
happen very often, but out of the hundreds of companies I
researched, I found 68 good ones.

Now, let me tell you -- you are not going to get rich doing
surveys online. And, if anybody tells you that you can earn
"thousands" a month -- they are lying to you. (My best
month so far I earned $104.00)

But, on the other hand it's not very hard work either. Most
surveys are short. I did one this morning that took less
than 5 minutes. It only paid $4.00 but for 5 minutes work I
am not going to complain. Yesterday I did one that paid
$10.00. Two weeks ago I did a $25.00 one. And a couple of
months ago I had one that paid $50. It varies. And sometimes
there are very short screener surveys that don't
pay anything -- you have to take the screeners to see if
you qualify for the paid surveys.

All in all, it's not a bad way to earn a few extra bucks a
month.

Monday 14 January 2008

Online Paid Surveys: The Whole Truth (Avoiding Potential Pitfalls)

7 million companies now actively seek out the opinions of moms, students, retirees and others. In the last year thousands of people have discovered that they can earn money simply by filling out paid online surveys or participating in paid focus groups while sitting at their computer.

A stay at home mom may fill out a couple of surveys while the kids are napping or later in the evening when the kids go to bed, or a student may complete a survey in-between classes or use surveys as a part-time job in the summer. If you have a computer with Internet access then you are eligible to participate.

Why will companies pay for your opinion?

Why? Because getting your opinions allows companies to get in touch with consumers and their views and habits BEFORE launching new products and services. With research and development costs at all-time highs and profit margins at all-time lows, a company simply cannot risk bringing a product to market that nobody wants. Think "New Coke" or today's automotive industry.

It's worth it to these large corporations to pay someone $75 to fill out a 1 to 2 page online survey, or to pay someone $150 an hour to participate in an online focus group, or to pay someone $25 per hour to preview the trailer for a new movie.

How they work.

Companies you register with will send paid survey opportunities to your email inbox. You have the option to accept or decline these individual surveys. For each survey you complete, you will be paid a preset amount. Most of these paid surveys take approximately 5 to 15 minutes to complete and normally pay $10 - $75 per survey. Online focus groups pay substantially more .. up to $250 per hour.

In the course of our investigation we received approximately 25-30 survey opportunities per day. It quickly became clear that if someone is willing to devote several hours per day to these surveys that it's entirely possible to earn several hundred dollars per day.

Let's say you complete 20 online surveys per day .. all at the low-end pay of $10-$15 per survey. At 5 to 15 minutes per survey you would be earning $200 - $300 per day for 1.5 to several hours of at-home work. At just $35 per survey the earnings go to $700 per day. And at $75 per survey the earnings skyrocket to $1500 per day.

Fraudulent websites & potential pitfalls.

Unfortunately, as with any innovative idea come the scammers. Hundreds of "paid surveys" websites have popped up, claiming to offer direct access to networks where people can find these online surveys. Most charge $85-$125 dollars to register and make outrageous claims of $200 per survey. But once a customer pays the membership fee they find:

1. Outdated resources and directories
2. Non-Working links and pages
3. Non-Intuitive navigation
4. Zero help or customer service
5. No refunds if you are unsatisfied.

Most of these SCAM sites won't even respond to refund requests. Eventually they get shut down due to too many customer complaints, or the State Attorney General forces them out of business. But the customer has already lost their money, and the SCAMMERS just open another paid survey site under a different name in a different state. It's definitely "buyer beware".

Paid Surveys and Paid Focus Groups at your fingertips.

Fortunately you no longer need to register with each of the 7 million companies to participate in their paid online surveys. 2004 saw entire networks spring up solely to administer these paid surveys. All you need do is register your name with one of these organizations to participate in the surveys in their network.

Many experienced people find it advantageous to register their name with more than one administering organization. This allows the person to enjoy a wider selection of surveys and focus groups .. as well as collect the multiple bonuses that are regularly offered.

Yes, you can get paid for your opinion.

If you can stay away from the SCAM websites, it is possible to earn money ... even hundreds of dollars per day ... by filling out online paid surveys and participating in paid focus groups.

Before joining a paid survey network, you should be sure that it satisfies the following minimum requirements:

• In business for at least 1 year.
• Well organized, easy to navigate directories.
• Directories updated at least weekly.
• Helpful resources available for newcomers.
• No "waiting period". Eligible immediately..
• Customer service available via phone or email, with response time less than 24hrs.
• 100% guaranteed.

Are Paid Surveys a Waste of Your Time?

Recently ,while visiting one of my favorite business forums,
I ran across some interesting comments concerning paid
surveys. The gyst of these comments was that taking online
surveys is a waste of time. Here is my answer to those
comments...

.... Just because you didn't earn any money with surveys,
that doesn't mean that they are a waste of time.

Like any other online opportunity, it takes time and effort
to build an income with surveys. Many people who have
failed, say the same thing about SFI, Goji, Empowerism, and
dozens of other online stay at home job opportunities. But,
thousands of members of these same companies are making good
money every month. Try to convince them that they are
wasting their time, and they will laugh at you. Meanwhile,
their bank accounts just keep filling up with cash!

Survey takers can earn a solid second income. It may not be
more than a few hundred dollars each month, but it's enough
to pay the light bill or the phone bill, or maybe both. It
takes time to build up a steady stream of business, but the
same thing applies regardless of what business you choose to
pursue.

The biggest downfall that new survey takers face, is a lack
of knowledge of the activity itself. Hopefully, the
following will give you a good starting point.

To earn money with surveys, you consider doing the
following:

1. Study. Don't expect things to be all rosy just because
the ad looked good when you signed up. Take the time to
learn the mechanics of the survey business. This will allow
you to identify your particular niche.

2. Continually update your registrations as your survey
company updates their data base. New marketing firms are
looking to test their products all of the time, so the data
bases will constantly grow.

3. Create a seperate Email account just for survey business,
and make sure that you turn off all of the spam filters for
this account. Often, surveys will trigger a spam filter, and
you will never even know that someone wanted you to take
part.

4. When you fill out a questionaire for a potential survey,
you might find out that you don't qualify for that
particular survey. Send a thank you note and ask to be
considered for future surveys.

The magic words, "Please and Thank You" never go out of
style.

5. When you are offered surveys that result in points,
coupons or drawings, fill them out! These are often used as
qualifyers by different companies. By completing them, you
show that you are serious about participating, and as a
result, you increase your chances of being contacted with
cash offers.

6. Be truthful and give complete demographic information
when applying. Don't pretend to be a 24 year old woman, when
you are actually a 35 year old man. These companies have
junk filters too, and they can see through this nonsense in
a New York Second.

7. Search for forums that concentrate on surveys. You will
be pleasantly surprised by what you find. There are folks
out there who are willing to share what they have learned.
Take advantage of that help to refine your survey skills.


One of the keys to running a successful stay at home job, is
to establish multiple streams of income. Each of these
streams might only provide a few dollars each month, but
with enough different sources, you will find that you are
able to earn a substantial second income. Paid Surveys can
provide a terrific income stream, that will continue to grow
as you become more knowledgable and experienced with them.

You may not get filthy stinking rich by completing surveys,
but if you follow these seven steps, you stand a good chance
of earning enough to pay a couple of extra bills each month.
Besides, its fun!

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