Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, March 12, 2013

Get Paid For Surveys And Get Paid Well If You Do It Right

You can make good money when you get paid for surveys, if you go about it in the right way. If you go the way you need to, to make money.

There is a lot of business with paid surveys going on on the Net. Thousands of new surveys are being made every week and many tens of thousands of survey participants are receiving checks in their mail. All this activity makes many new survey takers eager to jump in and get their share.

But it is necessary to understand that not all surveys are created equal. To make money you want the legitimate paid online surveys. These are the ones that you would expect to get from the survey makers on a list of legitimate paid survey panels. Surveys that pay well, on time, and in cash or equivalent.

Unfortunately only about 20% of all surveys are actually legitimate paid online surveys. About 40-50% are marginal; lower-paying but not all bad. O.K. to respond to on a slow day. There is a reasonable chance that you will eventually get paid for surveys from these, and “half-a-loaf is better than none.”

The final 30-40% are losers, time wasters that only offer charity work (take this survey for free) or (most likely) try to sell you stuff. (Buy our $12 widget and we’ll send you $2.) Yeah, right. Time wasters.

So how do you get a list of the good survey makers so that you can actually get paid for surveys?

That is the key question. Get a good list and you make money. Get a bad one and you just waste time and energy.

There are many lists being offered on the Net. It is important to know what motivates those offering lists. There are two ways that list purveyors can get paid: from the survey makers that need new recruits, or from the survey takers (like you) that want the lists.

The 80% of survey makers who do not pay well are constantly losing survey participants (surprise!) and must pay to recruit. Those offering “free lists” on the Net are being paid for this recruitment. That is their focus, to get paid to recruit YOU. They don’t care whether you make money or not.

The 20% of survey makers that pay well have low turnover and generally don’t pay recruiting fees. The only list purveyors that can profit from giving you a list of these good survey makers are the ones that YOU pay, the paid survey membership sites.

The paid survey membership sites care. They want you to get paid for surveys and make money with their list so you won’t ask for a refund.

Only consider looking at paid survey membership sites that offer a STRONG money-back guarantee. If THEY don’t believe in the service they offer, enough to guarantee satisfaction or your money back, then why should YOU believe in THEM? If there is a strong guarantee, you can look. If not, forget it.

From this group with strong money-back guarantees (and there are 70 to 100 that qualify), pick one with a low refund rate under that guarantee. Low refunds mean happy clients. High refunds mean many unhappy clients demanding their money back.

In summary then, to really get paid for surveys you will need a good list of legitimate paid survey panels to sign up with. The best way to get such a list is to pick a paid survey membership site with happy clients, join them and get a copy of their list.

Sunday, March 10, 2013

Online Paid Surveys Can You Make A Living

Can you make a living doing paid surveys online?

I’ll cut straight to the point and say “No.” By their very nature, there are built in limits to just how much you can earn doing paid surveys that are offered online and that is why they are best thought of as pocket money. On average, you’ll be eligible to complete 1 to 4 surveys a month for any one company. Completed surveys generally pay between $1 and $20 dollars.

If you sign up with enough survey sites and fit a set of demographics that they frequently need, it is quite possible to cover all of your entertainment expenses for the month, but it’s not something you can rely on for your monthly rent or mortgage payment and the other bills you need to pay every month. At the most you are likely to earn between $100 and $300 doing paid surveys. Any site that suggests otherwise is likely trying to scam you into paying for information that is freely available if you know where to look for it.

So why can’t you earn a living doing paid surveys?

The main reason you can’t make a living doing paid surveys is that for every survey that market research firms need to conduct, they also have a set of criteria for who is eligible to do the survey. This usually includes demographics information such as gender, age, annual earnings, job category, family size, etc. It really depends on what the target market is for the product being discussed.

For example, you won’t be able to do surveys about dog food if you don’t own a dog. So while the market researchers may have lots of different survey opportunities available, you’ll usually only be eligible to take some of them. Of course, if you fit a demographic that they are looking for frequently, you’ll find yourself with a lot more survey-taking opportunities.

How much can you actually earn doing paid surveys?

How much you can earn doing online surveys partially depends on what kinds of surveys you want to do. If you prefer to stick strictly to the surveys conducted by market research firms, you will usually max out at around $300 a month and may not even approach that if you aren’t in the demographic they are seeking to cover that month.

However, if you are also interested in getting involved in doing offers and surveys that are used to promote specific products, you can earn quite a bit more. Many folks who do online surveys also sign up with what is known as “Get Paid To” sites, commonly referred to as GPT sites. If you want to participate in both pure market research and also complete offers, then you can definitely maximize your earnings potential — – maybe as much as a $1000 per month if you sign up for a lot of offers on multiple sites. I don’t believe this will sustain itself over the long term, but you can probably cash in fairly well during the first couple of months.

The downside of GPT sites though is usually you need to sign up for some offers with your credit card and you occasionally need to actually buy things in order to get the payment. That’s the only way to earn the big money on these sites. You’ll also need to keep track of what you’ve signed up for and when so you can cancel any free trials you’ve decided not to continue, otherwise you’ll be paying out more money than you are earning.

By using GPT sites to complete offers, you will also be opening yourself up to marketing phone calls, email and postal mail. If you already do some of your shopping online, however, GPT sites can not only save you a lot of money, you can also earn some extra money as well. There are also ways to limit some of the privacy concerns.

Ultimately, the choice is yours and you can always experiment to see what works out best for you. You can sign up with just market research companies, just GPT sites or sign up for a combination of both. One important thing to keep in mind as you look for survey opportunities, all survey and GPT sites are free to join. Never pay for a list of sites or a survey membership site. All of this information is freely available online.

Friday, March 8, 2013

The Fault Line In Paid Surveys

We’ve all seen the PPC advertisements or the banner ads – GET PAID TO TAKE SURVEYS.

What’s not to love about the idea of telling someone your opinion and getting paid for it? It’s sort of like talk radio and you get to be the host. Say what you want and be rewarded for it? When was the last time that happened?

The truth of most matters falls somewhere between the overblown hype and the worst story you’ve heard.

You CAN earn money by taking surveys. After all, the individuals looking for survey participants need warm bodies to fill out the surveys so, if they can handle the process online it saves time and money for their company.

Many people will fill out the profile and then wait for an incoming survey that will help them manage a few extra purchases for their family, but the surveys don’t seem to be coming in. The profile is checked and it seems to be in order, so why aren’t the survey offers being dropped like pennies from heaven?

The answer may be as simple as not fitting the profile the company is looking for.

For example let’s say the survey company is looking for a female in her thirties, middle income, and Latino. On your survey you might be listed as a male in his late forties, middle income and African American. You don’t fit the profile they have put together for their survey needs so the paid survey does not come to you.

The truth is in the middle. Yes, there are paid surveys and yes some people are making money, but there are also many who have never been offered the opportunity to fill out a paid survey.

What may be most frustrating for many would be paid survey users is the variety of sites that will provide information on paid survey companies for a fee.

You do NOT have to (nor should you) pay anyone for information on paid surveys. A company that wants to charge you should be avoided. Virtually every paid survey company has their information online and without fee. Essentially all you get for a membership in a site that provides details on paid surveys is a little extra convenience. These companies may the listing all in one place so it has the benefit of saving some time, but once again these sites are not needed if you choose to look for paid surveys to fill out.

Do some research on your own. You will likely find survey sites that may be especially appealing and others that are not. Keep your profile current and then go do something else. I’m serious. Don’t spend your time checking and rechecking to see if you have a survey to fill out. This mentality only robs you of time you could be spending on other personal or professional pursuits.

Paid surveys may come your direction, but continue to live life as if they aren’t. That way there can be genuine surprise when something finds its way to your inbox.