Return on Time – Is it an hour of your life for $2.00 or truly a fifteen minute survey? We find out if the Return on Time (similar to Return on Investment) pans out. Surely, some will be better than others for not wasting yours. Basically, we've evaluated not only how much you actually get paid to take surveys but also how long it takes to earn that cash
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.
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.
A well known survey panel, Valued Opinions is owned by leading market research company ResearchNow and is open to people in more than 20 countries around the world, including the USA, UK and Australia. The site uses a range of different languages and has around three million members busily filling in surveys and questionnaires. Most surveys taken will reward you between $1 and $5 and take up to around 20 minutes to complete, asking you about marketing, brands and products and even news events. There is a steady rate of invites to surveys, but you won’t always be qualified for them, which can become tiresome.
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.
Something unique that MyPoints offers that most other similar companies don't offer is the ability to earn cash back on some in-store purchases at select stores, along with their online paid surveys. Also, although their online store cashback rates aren't the highest in the industry (ironically, Swagbucks beats them on several offers), they do have special offers that other companies don't have, such as a bonus to sign up for Amazon Prime.
Pinecone Research works a lot like other paid survey sites. Once you sign up, you’ll earn points for each survey you complete. As an added bonus, the responses you give during surveys will help you learn about new products before they hit the market and influence their respective marketing campaigns. And once you start racking up the points, you can redeem them for cash or prizes.
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.
Of course, it’s not always easy to increase your income. Your employer might hate giving raises, for example, or maybe overtime at work has become scarce. If that’s the case, you might need to pick up a part-time job, start a side hustle from home, or look for unorthodox ways to earn money in your spare time. Check out our post on how to become an Uber driver, this is a great side hustle because you can make your own schedule and pick up extra cash when its convenient for you.
Survey Club has been offering online paid surveys since 2005, and in the fast paced every changing world of the web that’s a reassuringly long amount of time. They are a bit of an acquired taste, in that they specialise in long, detailed surveys for high end clients rather than the quick and cheerful consumer surveys that you may be more familiar with. Whilst this does mean that you may have to commit a bit more time, it does mean that if you have the patience to persevere with them they pay more money than most survey and reward sites. They also offer local taste tests (see what I said about ‘an acquired taste’?), and secret shopper opportunities.
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.