Hi guys. Online surveys have become very popular over the recent years and today I want to talk about what they are, how much you can expect to get paid, where to find them and also why you get paid taking an online survey. It is actually a very easy way to get paid online just by doing simple tasks such as answering questions.
What are online surveys and why would they pay me?
You will find surveys if you register with online survey panels. Surveys are just a set of simple questions that you need to fill out. Most of them can range from 10 questions up to 50 or even more in some cases. The questions can almost be about anything and takes little effort to complete. It can take you from 5 minutes up to 30 minutes to complete a survey.
I think it is a good idea to show you the big picture of online surveys so that you can understand it better. The next question is why would the companies pay me just for my opinion? The answer is really simple for this one, so let me explain. Before a company wants to mass produce a product or just simply improve the profit margin of their business, they need to do market research and one way to do this is through surveys.
They will then affiliate with survey panels that will find people such as you to help these companies with their research. Each one of us has a spending habit and a set of guidelines that we go through before we buy anything and this information is very important to them.
How much can I earn by completing online surveys?
This is a good question and I am glad that you asked it. You can earn from $20 up to $1400 per month. There are several things that will play a critical role in the amount of earnings that you will receive.
- The more panels you join, the better. Most panels will send you 5 surveys per week or per month. If you get paid $1 per survey, for 5 surveys per week and it takes you 5 minutes per survey, you will get $20 per month for 100 minutes of work total. You can easily get that from 1 survey panel.
- Do the extras. Try to participate in the additional activities such as focus groups that will pay you from $5 up to $75 per session.
- Do not forget about the competitions. Most survey panels have sweepstakes where you can win up to $5000. If you decide to join let’s say 10 panels, you will increase your chances to win by 1000% if you look at it statistically.
- Some surveys do pay more than other. For some of the surveys, you will receive $0.5 per survey while others might pay you up to $4 per survey.
I only scratched the surface with what I explained above and I also provide a tutorial that will take you step-by-step of the way on how you can increase your earnings with online surveys. I also provide you with a list of several panels that you can join to increase the amount of surveys that you will receive.
How to avoid survey scams
With almost any money making opportunity online there are people that will try to take advantage on you. When it comes to online surveys, you will get all of the information for free on the internet and you should never pay for what you can get for free.
There are several survey directories that will cost you from $1 up to $50 just to get a list of survey panels to join and they do not even give you any training on how to make more money from surveys. You must also never pay to join any survey panel as it is a good indication that they are a scam.