With the current economic situation leaving millions out of work, more and more people are looking to make money online in between job hunting sessions. And one recurring theme that tends to pop up in articles about making money online are paid surveys. But is it true that you can really get paid to take surveys or is this just a massive scam?
Importance of Market Research
As you may already know, companies in almost every industry want to get into their customer’s (and potential customer’s) heads. While focus groups and mail surveys used to be the norm, the introduction to paid online surveys changed everything. One of the first sites to offer paid surveys over the internet was I-Say, which is run by the massive market research firm Ipsos.
Because businesses understand you’re not going to fork over your opinion for free they’ve set up sites where you can sign up, give some details about yourself (like your age, gender, city of residence, approximate monthly income etc.) and then get offered paid surveys on a regular basis. These surveys help marketing departments understand what’s going on with their consumer base with nearly live results pouring in via The Net.
How to Do Well With Paid Surveys
As you can see here, surveys are a double edged sword. On the one hand, they have the lowest barrier to entry of any approach to making money online or working from home. On the other hand, there are dozens (if not hundreds) of fly by night survey sites that set up shop, charge a monthly fee and then disappear when it’s time to provide you with your promised paid online surveys.
The best way to avoid becoming a victim of a phony survey site is to do a little research before you make a final decision to join. For example, taking a few minutes to read reviews of paid survey sites online can really open your eyes to what’s going on. Of course, there will be mixed reviews with some people reporting that the site is bogus while others will swear that it’s the best site of all time. If you’re looking for a solid answer that everyone agrees with you’ll be sorely disappointed . That’s why it’s wise to use your gut and use the reviews to guide you.
Most of the time, however, scammy sites have mostly poor reviews while legit survey panels have glowing reviews with a few negative ones in the mix.
Once you’ve found a few legitimate sites to join it’s time to start taking surveys. And when I say “taking surveys” I mean taking as many as humanly possible. Most surveys only pay you about $.50-$1.00 so you really need to go a bit nuts if you want your survey income to amount to anything substantial.
The best way to do this is to set aside a few hours of the day and use that time for filling out surveys. If you do this enough you’ll find that you’ll be earning a bit of extra money every month.