They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
Valued Opinions – Decent site with reasonable surveys ($2 for a 20 min survey). Everyone is annoyed by this site because they tacked on a $2 few to the Amazon $20 gift card and $5 to the $20 Visa gift card so it costs $22 to get the $20 Amazon and $25 to get the $20 Visa. They claim its because of extra fees they incur. I dunno. Also, it can take weeks to get credited for a survey which is frustrating.
5. Global Test Market Panel – (Available for 14+ USA, UK, Australia, Canada, Germany, Singapore and France residents only): Global Test Market survey panel is one of the largest market research panel. They are part of Litespeed GMI group and have paid over 15 million dollars so far to their members for taking surveys. Click Here to Join Global Test Market Panel and Get Paid to Take Surveys. It is FREE to Join. Don’t forget to confirm your email id after joining.
A popular and free survey site, Toluna boats more than nine million users across the globe and is well known in the industry, having been running for 17 years. Offering questionnaires for you to fill in to provide leading companies with your opinions, Toluna also runs a range of internal games and schemes, as well as offering product testing to some lucky users who can bag free products.
I also have used Synovate Global Opinion Panels, which is now I-Say by Ipsos. They send you surveys pretty frequently and the points you accumulate can turn into actual money! You can receive an actual check from them, or choose to redeem for a gift card. I haven’t cashed out with them since they changed into the new system, just because I’ve really stopped taking the surveys because I’m lazy 🙂 Here’s the link: http://i-say.com/Rewards/RewardsProgram/tabid/203/language/en-US/Default.aspx
Surveys can be super quick and take just a few minutes to fill out, or require around 15 minutes of your time. Five minute surveys pay $0.50 and surveys range from $0.40 up to the higher – and rarer – ones at $10.Paying out by the usual methods, Crowdology does PayPal and also vouchers. Most importantly, the minimum reward threshold is low so when you’ve earned $8, you can cash it out, unlike other sites which make you wait until you have earned much more money. The site offers prize draws from time to time for things like cinema tickets and surveys can be expected weekly.
Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.
They used to be cash-only, but in 2013 they switched over to a points system. Panelists can share their opinions in surveys and complete other various offers in exchange for points. 100 points is equal to $1, and most of their surveys pay up to $3. Survey topics are diverse and cover a variety of different topics. Pinecone Research is unique in that they emphasize consumption related surveys more than other panels.
When companies want to better focus their marketing, advertising, and product development efforts, they will contract with a market research firm to target their ideal demographic (for example, men between the ages of 40-60 who play golf), and gather information about consumers’ opinions on their product or service. You can read this article, to learn more about market research.
IOCS is a not-for-profit research organization that conducts studies and experiments on shopping-related behavior – things like how we, as consumers, evaluate products, how we make the buying decisions, etc. Although the focus is mostly on shopping related behavior, some of their experiments and studies include broader areas of marketing, psychology, and economics.