I have always been skeptical about what this survey taking business is and ran into the following article. Remember if you are taking surveys you are giving info to others quite often personal info at that. If you can get others to fill these surveys you can then sell that info that you are getting.
There are many good ways to earn money on the Internet. One of the easiest to get started in is paid surveys. To earn money taking online surveys for cash, all you need is access to an Internet connection and enough technical savvy to send and receive e-mails.
The money comes from big companies that need to know details of consumer preferences. They hire market researchers to measure consumer opinion with surveys.
The old consumer preference survey of yesteryear has morphed into the online paid survey of today. It’s a fast and cheap way for market researchers to get answers.
In order to be sure of enough qualified volunteers to take the surveys, the market researchers allocate part of the survey cost to paying the survey takers.
Today, thousands of surveys are being taken online each week and many thousands of survey takers are receiving checks in the mail and deposits in their PayPal accounts for participating.
If you are a consumer, 18 or older, and want to participate, it’s easy! Here’s what you need to do:
1. Select a good paid survey guide company to help you get started. There are over 3,000 survey-makers worldwide and over 700,000 in the U.S. alone. Most of these you do NOT want to deal with! Some are really sales companies who only want to sell you things, some pay with promises and lottery tickets (not cash!).
There are over 200 paid survey guide companies that maintain lists of which survey makers are good and which are not. By signing up with one of these and paying a small one-time fee, you get access to their list and save yourself a lot of time and hassle by only applying to the good survey makers.
How do you select a good guide company? Pick one with a strong 60-90 day money-back guarantee, backed up by a bank or financial company like PayPal or ClickBank. Look for a low refund rate. The refund rate is a clear indication or the experiences of other clients like you that signed up with them before you.
A high refund rate indicates many unhappy, unsatisfied clients. A low refund rate means happy, satisfied clients. Look for a refund rate in the 3-6% range; avoid any company with unknown refund rates or refund rates of 8-10% or more.
2. Once you sign up with your guide company and get your copy of their list, make application to all the preferred survey makers on the list. These survey makers are the ones who actually send you the invitations to take surveys and send you your check afterward for participating.
To send you an invitation, they must first have your contact info and demographic info (gender, age, occupation, mailing address, etc.) on file. They get this info from your application to them to be a survey taker.
You must file a separate application with each one – they are each separate, competing companies. The more you sign up with, the more survey invitations you will get and the more money you will make.
3. Set up a separate e-mail address for your paid survey business. Check it at least once daily. Answer all correspondence promptly.
4. Be diligent and patient. Respond quickly to all survey invitations. Fill out the questionnaires fully and to the best of your ability. Don’t worry about the questions; there ar no right answers or wrong answers. They just want your honest opinion, so give it to them.
Accept all invitations for surveys at first. The survey makers will test you to see if you are real and if you respond. When they have positive experience with you, they will send you more surveys. Your income from each survey maker will generally peak about 3-6 months after they receive your application.
So if you use paid surveys to earn money by taking online surveys for cash, How much money can you make?
It depends on your diligence, your demographics and how many survey makers know you are available. However, most serious survey participants report incomes of $200 to $600 a month, with some reporting incomes of $1,000 or more.
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I think paid surveys are a good way to make a decent income online. You wont make thousands to start with, but if you have the time and determination then yes you can!