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Thursday, November 12, 2009

Paid Survey

How much can you make with paid surveys?
You may have seen other sites claiming that you can make thousands per month by taking online surveys. Truth is, while it is possible to make that much in a year, you will not be able to make thousands per month. You can however, make enough to buy that extra something, take your family out for a night on the town or tuck a little extra away in your savings. Consider this a fun and interesting way to earn some "bonus cash", not as a get rich scheme or a replacement for a full-time income.
How much you actually make depends on many factors; who you are, where you live and other demographic factors, as well as, what kinds of surveys that companies are interested in. Where a couple hundred dollars per month is attainable, it won't be steady, dependable income and may not be possible for some. You'll have months where you make very little and months where you may make considerably more. I have participated in online focus groups that have paid several hundred dollars for one project. If you are patient, over time, I think you'll find that paid surveys will be worth your time.
How many surveys can you expect to receive?
When you are first starting out you may not receive very many survey invitations. Whereas some sites may send you several survey invitations per month, a vast majority of sites may only send several per year. Don't be discouraged if within the first few months you are not receiving a significant amount of survey invites. Be patient, once you get the ball rolling, you'll have plenty of surveys to choose from.
What's the difference between a paid online survey, a focus group and product testing?Paid surveys are usually short, although some may take up to 45 minutes, and are taken online. You get sent an invitation, take the survey and get rewarded. Focus Groups usually require a bit more effort, take more time and can take place either at a physical location, on the phone, or online in the form of a discussion. Focus Groups usually pay quite a bit more and generally pay in cash. For Product Testing, you will usually be sent a product to test and then either take a survey on the product or write a review. The reward here is usually the product itself, although some do offer additional compensation.

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