While it might be hard to believe at first, American Consumer Opinion will pay you real, actual money to share your opinions and complete online surveys. Once you join their online opinion panel, you’ll be asked to offer opinions on new products you have tried, test out new advertising campaigns, and tell companies what you think of their marketing techniques and slogans.
One nice feature is the ability to shop through Vindale, as they often have offers available through affiliate links. Before buying something new, like an appliance, it is worth signing into their easy to use website and checking if you can get it for less through Vindale. There’s also a popular daily consumer survey paying $1.50 which you can complete every day, for an easy and reliable boost.
This is where it can all go downhill quickly. In the pressure to make as many pennies out of a nickel, a lot of research corporations will not just sell your answers but the data associated with it. Details that you provide when taking paid surveys such as your name, address, age range can all be attached together quickly to fulfill a lot of larger companies' requests for information (RFI).
The surveys are based in target demographics. You DO get kicked out of slit of them. If you are 25-40 with a kid in a house and white you will find more of them want your opinion more than the next person. This is the target group. So people who make real money at this fall into that group naturally and do not know why the rest if us can’t make money doing this.
The concept of data mining and profiting off that data mining isn't anything new. And while some companies engage in some rather disreputable practices to do this, Global Test Market seems to be doing just fine with the whole “consent to disclose” thing. More importantly, in some cases this may help you as some companies will offer to do more specialized product testing once they've identified you as their target demographic.
Taking paid surveys can become a well paying job if you work hard enough at it but you won’t start bring in buckets of money right from the start. But don’t let that demotivate you to start taking paid surveys. In the beginning you don’t have control over the survey offers you receive, but if you keep at it then after some time your per-survey-rate will go up as you become a more reliable source for paid survey companies. Then you’ll be surprised how much extra money you can make without putting in very much effort at all.
Unlike some of the other sites, with Inbox Dollar, you essentially sign up to take advantage of whatever Inbox Dollar makes from their advertisers. They will send you emails which they get paid per receipt of you reading them or clicking a link. In turn, they give you a cut. Not to ruin your day but it's a rather small cut. The links that end up paying out the most usually have some stipulations attached – such as signing up for a service. This can end up being a lot more hassle than its worth and we recommend you pay VERY close attention to the stipulations.
He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a mix of properties through RealtyShares (Fundrise if you're not an accredited investor). Worth a look and he's already made investments that have performed according to plan.
Ipsos i-Say: A reputable, global survey-based market research company that gives its community members a chance to provide opinions in exchange for survey points that earn you money. Earn towards gift cards to spend at your favorite places such as Starbucks, Amazon, Target, and more. Or just trade in for cash through prepaid VISA gift cards or Pay Pal funds! Go here to see if you qualify. (Spots fill up quickly and reset each month, so if you aren’t accepted, try back around the 1st of the next month!)
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Interesting read, thanks for sharing. I suppose that online surveys may generate a few extra dollars on the side for some people, but it does require you to qualify for certain surveys online. In many cases you may not qualify, and will result in having to search for more surveys. This can be time consuming and in most cases not as profitable as may be expected.