Paid Surveys Online - An easy way to make money online?
Paid surveys are being promoted as an easy way to make moneyonline. Some ads promise you up to $250 per hour for taking paidsurveys. Are they realistic? Can one really expect to earn that much money from onlinepaid surveys? Let us find out the answers to these questions.Such advertisements are usually put up by paid survey databasecompanies like Surveyscout. They charge you for giving access toa database of market research companies, often in the range of$30 to $60. They typi...
...cally have 400 to 500 survey companies intheir database.Is it worth paying these companies to get access to such adatabase? Whatever information you get from these companies,you can get for free on the internet on many free online surveysites. Secondly, these survey database companies do not send anysurveys by themselves, and you have to join each market researchcompany in their database individually to get any surveys. Inaddition, most of the survey companies in their databases aregood for nothing. Only about 40 to 50 survey companies arereally worth joining.What does this mean? If you are planning to try onlinesurveys, you never have to pay anyone. You can get the list ofthe best survey companies for free on the internet. You can jointhem and get started.Now let us take a closer look at on the rewards offered by paidonline surveys. Survey companies can be divided into those whichreward you with cash for each survey, those that give you pointswhich can be redeemed for cash, and those which enter you intosweepstakes or prizedraws.Survey companies that pay cash give $1 to $20 or more peronline survey depending on many factors. This group includesmany of the best survey sites like American Consumer OpinionPanel, Surveysavvy, Ciao Surveys, Greenfield online(Gozing) andPinecone Research. You can expect to get 1 to 4 surveys permonth from each site.Surveys that reward you with points let you accumulatereward points which you can later redeem for cash or gifts. Someof the most reputed market research companies likeGlobaltestmarket, Opinion Outpost, NFO Mysurvey and LightspeedResearch reward you in this way.Yet other companies enter you into draws for cash or gifts asreward for taking surveys. Although many people don't like thisform of reward system, your chances of getting the prize isquite good as the pool to select the prize winners is usuallysmall. Some good survey companies that follow this reward systemare Synovate, NPD Research, NOP World (Surveys.com), ECNResearch and Nielsen Netratings.Another important factor which determines how much you can earnfrom online surveys is your profile, particularly your country.Generally residents of the USA and Canada can expect to makemore money from paid surveys, as there are more market researchcompanies operating in these countries. Also they get morefrequent surveys. However, participants from other countries canalso hope to make some good extra money from paid online surveys.All said and done, the maximum earnings an average person canexpect from doing paid surveys is not more than $200 to $300 permonth. This can be a good source of extra income for somepeople. But the claims that paid surveys can make you rich orreplace your real job are largely unfounded. Hence, it is alwaysbest to stay with free paid surveys.
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