The paid market survey business is doing quite well and why not. If you’re willing to invest some time into them, paid surveys can be a good cash generator for you. The key is that you do need to put time into them to benefit. I know that there are loads of ads out there claiming huge incomes with little to no work, but the truth is that to make good money with the paid market survey you need to be willing to invest some time. While taking the time to fill out a few surveys a week might bring you enough money to hit McDonald’s for lunch each day, you need to do much more to make a serious income with paid surveys.
There’s a very obvious reason that paid market surveys are so popular. It’s because they offer freedom from a cubicle and the chance to make it on your own. They provide you with the ability to make money on your own schedule without being tied to an 8-5 job. The paid market survey is especially good for students, homemakers and others with spare time who want to use that time profitably. The great thing for students and homemakers is that for these groups usually they aren’t looking for a full time income and paid surveys are a great way to have a part time job without leaving your home. You can easily create part time income with paid surveys and that’s where they really shine. While there are some who make a full time income from taking paid market surveys those people put a lot of time and effort into the work.
Another reason that paid surveys are so popular is that anyone can do them. They are quite basically just a series of questions, usually about some product or service, that are used by companies to get feedback about their products. This feedback helps them improve their products and develop advertising campaigns. While there are only a few dozen good market research survey companies out there, their services are used by hundreds of thousands of companies to do market research.
A paid market survey can pay anywhere from $1 up to $250. Well, $250 is the most I’ve ever been paid for taking a survey. They can take anywhere from a couple minutes to 2 hours to fill out the surveys and obviously the higher paying surveys generally take longer. Those in specialized fields like the medical field and IT will find specialized surveys that can pay very well indeed.
Many of the paid market survey companies will accept people from all over the world regardless of their gender, occupation or education. Age is a factor, but there are paid surveys available for those as young as 13. Typically the survey companies want you to fill out a profile before they allow you to fill out surveys for them and I recommend you do so completely. The more information the survey company has the better they can match you with the proper surveys.
While it would be nice if all the survey companies paid in cash this is not the case. Some companies do still pay cash, but others use points, gifts or prizes as incentives for taking their surveys. Each company has different payment rules so check each one separately. You’ll find that some even pay via Paypal these days which is very convenient.
Finally, when you begin your paid market survey career don’t be too picky about what surveys you take. The survey companies want to feel you out first and you’ll likely get some poor paying surveys, but the longer you stick with it the better the offers you’ll get. If they have a client that only needs 500 people for a $20 survey who do you think they will offer that survey to? Not the new panel members. They will send invitations to their more trusted members. Become one of those trusted members and you’ll be getting the highest paid market survey too.
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