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The Internet has brought about changes in the way that traditional consumer preference surveys are made. Most are now being done online, and on a “for compensation” basis. Participants are paid cash for paid surveys. They earn money taking online surveys on a regular basis.
The surveys are being sponsored by big companies who need to know what the consumers that purchase their products really think. The company sponsors pay the market researchers to find out. The market researchers use surveys to measure consumer opinion.
Part of the cost of these surveys is paying the participants. There are thousands of surveys weekly. Payment is by check through the U.S. mail or PayPal account deposit, and individual survey participants are making hundreds of dollars every month.
So how can you earn money taking online surveys?
Here are the steps to follow:
1. Select a good paid survey guide company (paid survey site). There are over 3,000 survey makers worldwide and a lot fewer than half of them are worth dealing with if you want to make money. (The rest will just waste your time, trying to sell you things and sending you surveys for low or no pay.)
Paid survey sites keep lists of who is good to deal with and who is not. For a small subscription fee these companies will loan you a copy of their current list of preferred survey makers. Only applying to those preferred survey makers will save you time, hassle and money.
How do you identify a “good” paid survey guide company? Pick one that has a strong 60-90 day guarantee, backed up by a bank or a financial company such as PayPal or ClickBank and a refund rate in the 5-6% range. The refund rate is the best indicator of client satisfaction.
Low refund rates mean high client satisfaction. High refund rates mean many unhappy clients. Avoid any with unknown refund rates or refund rates of 10% or more.
2. When you get the list of preferred survey makers from your guide company, it is important to sign up with all of them as soon as possible. These are the companies that make the surveys, send out the invitations and send the checks to participants.
To invite you to take a survey, they must have your application (including contact info and demographic data such as age, gender, zip code, education level, etc) on file first. All of these survey makers are different, competing companies. You must apply to each separately.
3. Open a separate e-mail address for your paid survey business. Check you inbox at least daily. Answer all correspondence promptly. Accept all survey invitations and respond promptly and completely.
4. Be diligent and patient in your paid survey work. Your income from a particular survey maker will peak between the third and sixth month after filing your application. Responding quickly will add to the surveys for which you get invited to participate.
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