Is it Really Possible to Make Money with Paid Surveys?
When it comes to making money online, there are lots of ads and websites that claim you can make money by taking paid surveys online. It sounds quit interesting, getting paid to take surveys! But is it real? Can you really make money taking online surveys?
What are paid surveys?
Paid surveys are a way for companies and manufacturers to gather feedback and information from consumers that will help them improve their products and services. For that, companies and manufacturers hire market research companies and pay them to conduct market research on their behalf. In order to get consumers to give their feedback about products and services they use, Market research companies offer compensation in from of cash, gift certificate or variety of prizes.
The good thing about paid surveys is that you do not need to spend a dime to make money. In fact you are paid to take surveys. And that means, almost anyone can use this method to make money online.
Another great thing is that unlike most other online money making methods you dont need any experience or skills to succeed in earning money taking online surveys.
How much an average survey pays?
You can expect to be paid for paid surveys anywhere from $1 for a 10 minuets survey to up to $75 or more for a 45 minuets survey. But, on average an online survey takes about 15 minuets to be completed, and it pays around $3. And on average most paid survey sites, send out about 3 paid survey invitations a week. Obviously you might not qualify for every survey invitation you receive. But if you register with more than one or two paid survey sites, you can increase your chances of getting invited to future surveys, which ultimately increases the amount of money you can make.
How much money can you make taking online surveys?
When it comes to paid surveys and the amount of money you can make, it comes down to a few different factors such as the amount of time and effort you are willing to put into taking surveys daily, or the number of paid surveys sites you work with and other factors.
The one thing you need to know about paid surveys is that most people arenít able to make thousands of dollars a month taking online surveys as some people would like to believe. However its not that hard to make a couple of hundred dollars a month taking online surveys. Say if you register with 10 legitimate paid survey companies, and you receive about 3 surveys each week. Thatís 30 survey invitations. And lest say you qualify for 20 of those surveys, which on average pay $3 per completed survey. Thatís $60 a week and $240 a month! That can help you pay some of your monthly bills like the car payment. And this is just an educated guess of course. You may or may not receive more or less paid survey invitations, the payout may be higher or lower, you may qualify for more or less surveys and etc.
Of course if you have more free time on your hand, you can register with more paid survey sites and double or triple your earnings. Also, some times you will get invited to online focus groups that take about an hour or so, but pay up to $200.
Paid surveys scam
The most important thing you need to know about paid surveys, is that there are many paid survey scams out there. consider is not falling for paid survey scams. So, always be sure to do some research about the paid survey site you want to register with and verify their legitimacy. There are many online forums and blogs related to paid surveys and exposing paid survey scams. Take advantage of them and the free information they provide to protect yourself from paid survey scams.
In a nutshell, paid surveys provide a simple and free work from home opportunity that allows anyone to make money online. Of course, like all money making methods, whether or not you succeed depends heavily on your effort and willingness to put in whats required in order to make money taking paid surveys. So, when it comes down to it, you can say that paid surveys are worth it and you can make at least a few extra hundred dollars a month taking paid surveys.
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Making money in today's economy is hard which is why BlogStash.com was created by Satrap Darabi as a way to help people learn how to use the opportunities on the web to earn money.