Facts About Paid Online Surveys
In the last decade about seven million companies have actively being seeking out opinions of students, retirees, moms and others. In recent years many individuals have discovered the secrete of earning money online by simply filling out online surveys or taking part in paid focus forums while sitting comfortably on their computer.
A house wife can complete a couple of online surveys while at the same time her kids are playing outside or taking a nap, or a college/high school student can complete surveys in-between classes or even make surveys their part-time job during the summer. The only requirements for you to participate, is a computer and internet access. Basic computer knowledge is also required and you are ready to go.
Many may wonder why a company would pay them to get their opinion regarding a product or a service they offer. The reason for this simply because, through your opinion the company is able to link up with its clients and their thoughts and habits, prior to launching new services and products. With development and research cost being very high and companies recording low profit margins, a company can not simply afford to launch a product or service into the market that nobody is interested in. Think Coca-Cola, Pepsi or the automotive industry.
These large corporations are ready to pay a person $80 to complete a one to two page survey, or even cough up 150 dollars for an hour for individuals to take part in a focus group. Some can even pay someone 25 dollars an hour to preview a yet to be screened new movie.
How it Works
Companies that you register with, will usually send you paid surveys into your inbox. You always have to option of either declining or accepting each individual survey. For every survey you fully complete, they pay you a fixed amount. Most of the surveys can take up to five to fifteen minutes approximately to complete. In most cases they pay ten dollars to seventy five dollars per survey. While focus groups usually pay a bit more, with some even going up to 250 dollars per hour.
Some people have been able to make a living out of carrying out surveys. With some doing twenty five to thirty surveys per day, meaning if some one can spend several hours daily doing surveys, it is possible for a person to earn more than $500 per day.
Take for example if you complete twenty online surveys daily, each paying ten to fifteen dollars per survey; this is on the lower end. At five to twenty minutes you would earn 200 dollars to 300 dollars per day, just by spending one to two hours of working at home. At just 35 dollars per survey translates to 700 dollars per day earnings and at 75 dollars per survey it skyrockets the earnings to 1500 dollars daily.
Potential pitfalls and fraudulent websites Unfortunately, scams are never to far way with new innovative ideas. Hundreds of websites claiming to be offering "paid surveys" have come up on a daily basis, which claim to direct access to where users can find online surveys. They usually charge 85 dollars to 125 dollars to sign up and make outrageous offers of 200 dollars per survey. But once an individual sends the registrations fees all they find: outdates directories and resources, non-working pages and links, non-intuitive navigation, no customer service and no refund if unsatisfied. This is definitely a cause for buyers to beware and look for out for scams.
About the Author
Casey Trillbar is the co-editor of 101waystomakemoney.com, which is a website aimed at supplying articles, information and resources to people looking for ways to make money online. visit: http://www.101waystomakemoney.com
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