Although market research companies only really started recruiting members online in the late 90's they have actually been paying people to take surveys many years before to this. Some of us may have gone to a hotel conference room or hall back in the early 80's to have a 1 hour discussion about a chocolate bar, how does it taste, should the packaging be green or red, how should the logo appear etc. For your participation in this the going rate would have been around $ 50 – $ 100, easy money for such a small amount of time. These discussions do still exist and would now be referred to as 'focus groups' but with the birth of the internet they are much harder to find than they would have been in the past. Companies now have access to millions of willing participants from all around the world; They can pay a fraction of the fee and get almost instant results. All is needed to take part is a little free time and a computer hooked up to the internet.
Why do companies pay for your opinion?
Each and every year companies worldwide will pay hundreds of thousands or even millions to research and advertise products and services. Before they spend money to put the advertisement on TV they want to check that the right group of people are watching and most importantly will remember their brand or product in the future. Which is where market research comes in very handy, companies can ask questions about their products spending only a fraction of the cost before putting it out to millions. Sometimes they can make a phone call or even ask questions in your local town center or supermarket, both these research methods are extremely costly to run which is where you come in. Companies now have the option to look online at people who have a real interest in their products and services, it is much cheaper than other market research methods and results can be obtained much faster.
How do I start receiving surveys?
Everyone who has used the internet for more than a week or so will have without a doubt seen an advert offering ways to make money online or how to get paid for taking surveys. Around the world there are thousands of sites that will reward you for your opinion, some may charge a fee for this information and some may not. It's not recommended to pay for a database of market research sites as most of these sites will con you for information that is freely available simply by doing a quick search. The people that earn the most from online surveys will simply find a list of the top paying survey sites, set up a new e-mail account to ensure that all the paid surveys do not get lost with their regular e-mails, register With each and every site ensuring that all profile information is completed and then simply wait for the surveys to start rolling in. If the previous steps are followed it has been known for people to earn a decent income every month from taking surveys online.
Why am I required to complete a profile?
What kind of surveys will I receive?
Most online survey sites will have no specific niche and will send out surveys on anything which could include cars, washing powder, movies, celebrities, politics, music, holidays, food etc. There are a few sites that will only conduct survey on certain topics and are aimed at certain groups of people, these sites are in the minority but often the rewards will be higher. Surveys will always be matched to your profile so always ensure that it is up to date on every site your register for.
How much will I be paid?
Generally each online survey you are invited to will take no more than 20 minutes, the average being around 10 – 15 minutes. This will differ from site to site but as a rule for longer surveys the rewards will usually be much higher. Payment on each site will range from entries into prize draws or sweepstakes, gift cards or high street vouchers and what we all love cold hard cash! If the reward is cash more often than not this will come in the form of points, once enough points are accumulated in your account they can be exchanged for a check or the cash value sent straight to your bank account. The amount that you will receive per survey again varies from site to site on average you are likely to get around $ 3 – $ 5 for a 10 – 20 minute questionnaire. Some may offer rewards up to $ 60 each but it will be extremely rare that you will receive one for these high amounts. Still at $ 5 each for a few minutes of your time it is possible to earn a small extra income every month.
Will the surveys be difficult?
No, the companies that are conducting the online survey will make them as easy as possible to complete. Mostly it will just be a case of ticking boxes, some online surveys will ask for some additional information where you will be required to complete a box about the specific product or service. Just remember that it's not a competition and your not being judged on your spelling, all the company is interested in is the results.
What if I do not want to complete a particular survey?
If you do not want to provide answers on a surveys that you're invited to then you do not have to. Simply miss that one out and you will continue to be invited to participate in paid surveys in the future.
How can I make extra money?
Some market research sites will offer additional ways for you to earn extra cash or build up your points such as completing polls from within their sites, referring other members, participating in telephone surveys, rating movie trailers or even testing free products. It's always worth making sure that you are fully signed up to participate in these additional methods as these can most often provide you with much higher rewards than taking surveys. If these exist they will be found either during registration or by reading the sites frequently asked questions to find their location.
Without any doubt online surveys have over the last few years become the most popular and certainly the easiest way for anyone in the world with a little free time to make money online. Whatever you are looking for a few dollars to a few hundred dollars anyone wanting some extra cash should be registered to receive market research surveys on a regular basis.