How to make money on online surveys
Make money on paid online surveys: It sounds easy, and we actually proved it to be quite easy. It is possible to make money on paid surveys online.
Perhaps not the most riveting “job” in the world, but the good news is that it paid well. It is also a job that doesn’t demand much at all. You can do it from anywhere at any time you have Internet access.
If you are a student, stay at home mum/dad, unemployed or just have some time to spare, this is absolutely an alternative you need to look into.
In our experience, you can make op to $15 000 and in some instances even more på paid online surveys. You can definitely make money if you want.
You obviously have to respond to online surveys, and you get paid for it. You can get anything from US$ 5 to US$ 75 (some times more) for sitting at home on your PC and answering surveys. The next paragraph explains why you get paid.
Market research is a million dollar industry
Market research has been a billion dollar industry. The Internet has made this type of research much easier over the last few years.
For a company to be able to succeed it is important to have detailed knowledge about their customers and their market. A company can make well considered, justified and profitable decisions with the right knowledge about the customers and the market.
Your opinion is valuable
Knowledge is power, and your unique opinions, attitudes, assumptions and habits are interesting to thousands of companies. In other words, you are sitting on a wealth of information that that companies want to map and analyze in order to optimize their profits. This is why it is actually possible to make money on surveys.
It’s about capitalizing: The companies want to make as much money as possible and so do you. A company wanting to map certain aspects of the market must in many cases reward their respondents. Very few wants to give something for nothing and the companies know this.
What will you get asked?
What you get asked about varies between everything you could possibly imagine. Just try and see for yourself.
How do I get paid?
Some companies pay you through bank transfers so that you get the money into your account, or they pay you via PayPal. All these alternatives work well. If the companies only offer “payment” in the form of lottery or a gift voucher, be careful. This could mean that it is not a serious company. Stick with the companies who are willing to give you cash.
How does it work ?
Example : A company has designed two cars. They want o know which of the two cars they should put into production and sell in the market. This requires research in order to map potential customers. Potential buyers will receive paid surveys where they are asked to answer questions like “Which of there two models would you buy”. Then you might get a few follow-up questions. As a potential buyer you will provide valuable information to the car producer, and they will compensate you for this.
How much can I make?
In the States there are many who finance the setup of companies solely by responding to surveys. Others have achieved significant revenue by investing money from paid surveys. Most people who do this view it as a supplementary income, but there are people who make a living doing this.
Foreign companies are best
The large globale, European or American companies are the most attractive. We have previously experienced companies who direct themselves specifically towards Australian respondants, with payment in the form of gift vouchers or prizes. The hourly tares for these surveys are pretty bad..
Our experience is that you should focus only on the large international companies (links at the bottom of the page).
Our experience
Online surveys are definitely a potential supplementary income. However, it is important to adjust the demographic criteria. The first week we received surveys, we only received “as many as we could manage” – as promised.
It took a while to get into it, and in the second month we ended up with US$489,76, nothing to brag about, but enough to understand that this is serious. After that we really got it and started making US$1 745,56 in a month. Still not enough to make you rich, but we were quite surprised!
How to start making money on surveys
All you need to start making money is:
1. Get access to an updated list of companies and networks that are willing to pay you, not matter where in the world you are.
2. Register with the different companies
3. Follow the instructions the companies give you, and after a while you will start making money.
First you need access to an updated list of paid surveys. The lists aren’t free, probably because it is a lot of work to keep the lists updated. Luckily you don’t have to go to any expensive seminars or buy exclusive V.I.P. memberships for this information.
We have used some cheaper alternatives to get access to updated lists, they cost US$35 - US$50. This is not much compared to what you get in return, so I guess it’s fair that they want a few bucks for the memberships. You can pay with PayPal/MasterCard/Visa.
As soon as you have paid you get a membership with access to good lists that are updated continuously.
Here are the websites we have memberships to:
- SurveyTample – The best of all the survey sites and great money-making guides (US$95.00)
- Highest Paid Surveys (–link) – the design could be better, but here you find the highest paid surveys (US$49.95)
- Express Paid Surveys – New and innovative service, high quality lists (US$34.95)
- Paid Surveys Online – Has been popular in the States for several years and have good lists (US$34.95)
- Survey Scout – An ok overview, good support for members (US$37.95)
When you have purchased memberships to the above websites you will get everything you need to make money from surveys online. All the companies use a secure third party payment option with an 8-week money back guarantee.
Conclusion: An easy way to make money, worth trying
If you want to make $500 - $3000 a month without much work, this could be something for you. There is no need to “turn your life upside down” to make money this way. So is is absolutely something to try!
One of our readers says he has made about US$ 1000 every fortnight just by spending a few minutes of his working time on surveys.
What company do we recommend?
We have positive experiences with all the companies we mentioned. Highest Paid Surveys was the very interesting as it focused only on the highest paying surveys, but we reccomen SurveyTemple the highest as they have easy-to-follow strategies. They also have a guide to how you can make money on surveys quickly, no matter where in the world you are. We believe it is possible to make $2000 – $16 000 per month on the strategies from SurveyTemple.