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Paid surveys are being promoted as an easy way to make money
online. Some ads promise you up to $250 per hour for taking paid
surveys. Are they realistic?
Can one really expect to earn that much money from online
paid surveys? Let us find out the answers to these questions.
Such advertisements are usually put up by paid survey database
companies like Surveyscout. They charge you for giving access to
a database of market research companies, often in the range of
$30 to $60. They typically have 400 to 500 survey companies in
their database.
Is it worth paying these companies to get access to such a
database? Whatever information you get from these companies,
you can get for free on the internet on many free online survey
sites. Secondly, these survey database companies do not send any
surveys by themselves, and you have to join each market research
company in their database individually to get any surveys. In
addition, most of the survey companies in their databases are
good for nothing. Only about 40 to 50 survey companies are
really worth joining.
What does this mean? If you are planning to try online
surveys, you never have to pay anyone. You can get the list of
the best survey companies for free on the internet. You can |
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join
them and get started.
Now let us take a closer look at on the rewards offered by paid
online surveys. Survey companies can be divided into those which
reward you with cash for each survey, those that give you points
which can be redeemed for cash, and those which enter you into
sweepstakes or prizedraws.
Survey companies that pay cash give $1 to $20 or more per
online survey depending on many factors. This group includes
many of the best survey sites like American Consumer Opinion
Panel, Surveysavvy, Ciao Surveys, Greenfield online(Gozing) and
Pinecone Research. You can expect to get 1 to 4 surveys per
month from each site.
Surveys that reward you with points let you accumulate
reward points which you can later redeem for cash or gifts. Some
of the most reputed market research companies like
Globaltestmarket, Opinion Outpost, NFO Mysurvey and Lightspeed
Research reward you in this way.
Yet other companies enter you into draws for cash or gifts as
reward for taking surveys. Although many people don't like this
form of reward system, your chances of getting the prize is
quite good as the pool to select the prize winners is usually
small. Some good survey companies that follow this reward system
are Synovate, NPD Research, NOP
World (Surveys.com), ECN
Research and Nielsen Netratings.
Another important factor which determines how much you can earn
from online surveys is your profile, particularly your country.
Generally residents of the USA and Canada can expect to make
more money from paid surveys, as there are more market research
companies operating in these countries. Also they get more
frequent surveys. However, participants from other countries can
also hope to make some good extra money from paid online surveys.
All said and done, the maximum earnings an average person can
expect from doing paid surveys is not more than $200 to $300 per
month. This can be a good source of extra income for some
people. But the claims that paid surveys can make you rich or
replace your real job are largely unfounded. Hence, it is always
best to stay with free paid surveys.
About the author:
Shaj M is the owner and webmaster of the free survey resources
site Internet
Paid Surveys. The site has separate sections for USA,
Canada, UK, Australia and rest of the World. For example, USA
Surveys section features more than 50 free survey
companies open to members form the USA.
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