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Online Paid Surveys - An Easy Way To Make Money Online?
Paid Surveys are promoted as an easy way to earn money online. Some ads promise you up to $ 250 per hour for taking paid surveys. Are they realistic? Can You Really Expect To Make That Much Money From Online Paid Surveys?
These ads are typically served by paid survey database companies like Surveyscout. They charge you to give you access to a database of market research companies, often in the range of $ 30 to $ 60. They typically have between 400 and 500 survey companies in their database.
Is it worth paying these companies to access such a database? Whatever information you get from these companies, you can get it for free on the Internet at many free online survey sites. Second, these survey database companies do not submit surveys themselves, and you must join each market research company in their database individually to get surveys. Also, most of the polling companies in their databases are useless. Only 40-50 survey companies are worth joining.
What does this mean? If you plan to try online surveys, you will never have to pay anyone. You can join them and get started.
Now let's take a closer look at the rewards that paid online surveys offer. Survey companies can be divided into those that reward you with cash for each survey, those that give you points that can be exchanged for cash, and those that enter you in sweepstakes or prizes.
Survey companies that pay in cash give $ 1 to $ 20 or more per online survey, depending on many factors. This group includes many of the best survey sites such as the American Consumer Opinion Panel, Surveysavvy, Ciao Surveys, Greenfield online (Gozing), and Pinecone Research. You can expect to receive 1 to 4 surveys per month on each site.
Surveys that reward you with points allow you to accumulate reward points that you can then redeem for cash or gifts. Some of the most reputable market research companies like Globaltestmarket, Opinion Outpost, NFO Mysurvey, and Lightspeed Research reward you this way.
However, other companies enter you in sweepstakes to get cash or gifts as a reward for taking surveys. Although many people do not like this form of reward system, their chances of winning the prize are quite good, as the group to select the prize winners is usually small. Some good survey companies that follow this rewards system are Synovate, NPD Research, NOP World (Surveys.com), ECN Research, and Nielsen Netratings.
Another important factor that determines how much you can earn from online surveys is your profile, particularly your country. In general, residents of the US and Canada can expect to make more money from paid surveys, as there are more market research companies operating in these countries. They also receive more frequent surveys. However, participants from other countries can also expect to earn some good extra money from paid online surveys.
All said and done, the maximum earnings the average person can expect from taking paid surveys is no more than $ 200 to $ 300 per month. This can be a good source of additional income for some people. But claims that paid surveys can make you rich or replace your real job are largely unfounded. Therefore, it is always better to stick with free paid surveys.