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.
It’s easy to earn cash for surveys. How much you get paid completely depends on how many paid surveys you attempt and complete. Each online survey has a different payout, with some offering as much as $50. Most will pay less, but also take less time. Expect to earn about 40 to 200 SB points per survey (100 SB = $1), with occasional opportunities with much higher earning potential.
Free to join, the site runs a range of special offers, including awarding prizes at random, giving you daily targets to hit for which you receive bonus points, and posting deals on their social media feeds. They have a great new app and a strong referral scheme. However, like everything, it’s not perfect – it can start to suck up a lot of your time. Swagbucks runs on the premise of incentivising day to day internet use to make both you and them money, so it is worth being aware of this so it doesn’t end up seeping into too much of your life!
They claim to also offer paid product testing opportunities. But it’s not really paid product testing, but more of getting cash back. Basically, besides surveys, you can purchase products and services through their portal and earn a certain amount of cash back for every dollar you spend. If you were going to buy something already, it’s a great way to get some of the cash back. But don’t just buy something because of the cashback.
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).
Something very important to note before signing up at any site claiming to pay you cash to take surveys is that all legitimate sites offering online surveys that pay do not charge registration fees – they are free to join. Some sites may even offer you bonus as you sign in, to show you they are happy you have become a part of their team and helping them increase their revenue.
“I participated in an in-home product trial study. A coffee machine company sent me one of the coffee makers along with about 200 coffee pods. I received $7 for completing 3 short surveys. Plus, after the study, the company said I could keep the coffee maker. So, I got like 4 mos of coffee for everyone in my household, a free coffee maker and $7!” - David W.
Ipsos are a globally respected name when it comes to opinion polls and market research, and by taking part in their surveys you can help them gain the vital information that helps them make business, consumer and political predictions. Unlike many of the other sites to feature in our Survey Cool 2018 top twenty it focuses solely and purely on offering surveys. It also means you won’t be distracted by video watching and game playing that typically pays a lot less. Here is a detailed review of Ipsos I-Say.
In addition to filling out online surveys for money, you can get rewarded for other actions, too. Some of the best paid survey sites are ones that offer lots of ways to make extra money other than earning money for surveys you take! The most popular websites maintain their following not only by offering various types of incentives but also by providing plenty of different and engaging ways for members to earn money. The purpose of these offers is to turn you into a loyal and active member of their community.
It’s never a good idea to write false information on your paid survey account or sign up for paid surveys that don’t match your characteristics. For example, if a paid survey is looking for a NASA aerospace engineer who is also a competitive food eater and has won the tour de France twice it isn’t a smart idea to claim to match those parameter (unless you really do). Paid survey companies often share information and if you have taken paid surveys for another company under the pretenses that you are a newly graduated software developer in Brighton, chances are that they will notice the discrepancies and you might be penalised for it. There have been a few cases of people having their paid survey account banned and all their hard earned money revoked for providing false information on a paid survey. It’s also not a good idea to register two email accounts for taking paid surveys because many paid survey panels frown upon this sort of behavior and may even ban you from taking their paid surveys.
The other type of paid surveys CashCrate features are targeted surveys, which are available only to you and people who meet your demographic profile. It's very important that you fill out your profile on CashCrate right when you sign-up. Not only will you earn $.50 instantly, you'll also be eligible to receive these special surveys. So why are they so great? First, they'll often pay more than Daily Surveys. That means when you see one available, you should jump on it right away.
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.
Joining isn’t as straightforward as merely signing up, because you need an invite. However it’s not as tough as it sounds, as there are plenty of links doing the rounds online if you look hard enough, and Pinecone also advertises on websites, so you might get lucky by keeping an eye on banner adverts. Once you’ve signed up, you’ll be vetted to see if you qualify – based on whatever demographics their clients want at that point – and if so, the fun begins!
I tried one survey company (don’t remember now which) they sent a reasonable amount of them my way, but I never qualified to take the entire survey…either I had to answer that someone in the household was gluten free or that I didn’t have senior pets or some other random question, and it would kick me out and tell me thanks, but you don’t qualify….got discouraged and gave up 🙁
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.
Avoiding scams online is pretty easy once you’ve become familiar with how false ads work and have developed realistic expectation about how much money you can make for the time you spend. On the surface, making money taking paid online surveys may seem like a long shot, but it certainly is possible and many people enjoy the benefits of taking part in them. So don’t be afraid! If you want to try it, read some of our reviews and sign up for the ones that look interesting to you!
Amazon gift cards and PayPal are obviously popular choices, so naturally like most sites MySurvey had those. These guys did not stop there though. At the time of writing (I double checked) they also offer various sweepstakes, gift cards to restaurants, you can donate to charities like UNICEF through them, they have iTune gift cards, their very own merchandising products and also Starbucks, Walmart and Tango gift cards among many more options!
Mainly conducting polls for governments, public bodies and the business world, Opinion Outpost is a popular survey site as unlike some sites, which require you to accrue a significant amount before you can claim your money, it has one of the lowest payout thresholds. You only need to fill out five surveys, earning a couple of dollars, before being able to claim pay, so you can redeem your money more quickly.