For many, online survey jobs have proven to be a good source of additional income without spending a dime.
Filling out simple internet surveys concerning certain products and services, while getting paid for the same, is one of the best work from home opportunities one can find these days, that is if you can avoid scams and find the highest paying surveys panels that are real and trust worthy.
In terms of effort, online surveys barely require any. This compares favorably against other online jobs like remote customer support, writing and transcription.
Having said that, the situation is that most people seeking jobs have a tough time finding companies that pay consumers for taking surveys.
Unfortunately, a few turn out to be frauds where personal information of members is procured using questionable methods. What follow are identity theft and other crimes. However, many survey sites are legitimate with companies ever ready to pay survey takers for their work.
My Favorite Panels
There are lots of different online research firms that compensate members for participating in their online surveys. But, of course not all sites are created equal. If you are just getting started, I suggest you start your part-time online job of taking surveys from home with these few legit panels.
One of the top panels with lots of interesting and fun surveys.
If you like product testing, this one is a must. They send you all kinds of products to test and give your opinion about them.
A great panel that has been around for a long time.
Expect lots of high paying surveys from this site.
A great panel with lots of survey invites which are relatively well paying.
What’s the deal with Paid Surveys anyway?
Despite the hype and hoopla surrounding them, paid surveys are anything but new. Marketing research companies have used the concept of paying people for their opinions through focus groups, surveys and the likes for a long time now. Of course, it all started with opinion polls that were usually focused on political events, but as always businesses saw the benefits of consumer feedback fairly quickly and started conducting their own studies.
It’s part of market research and when you submit feedback and opinion through an online survey, you are directly influencing the development of a product about to be released.
EarningStation is a new rewards program that pays you for doing things you already do online. You can cash out after every $10 you make.
For the best companies around the world, surveys provide a way to improve products that are already sold to the public.
The figures related to this make for compelling reading. For instance, American companies spend over $250 billion every year just on traditional advertising methods. This includes magazine ads and television commercials. To get a better picture of this number, read this interesting article from BusinessInsider.
But by using the power and reach of surveys, these companies get an insight into the needs and wants of their consumers. This greatly helps them reduce their advertising money outflow and instead helps them develop and maintain a profitable line of products.
A Quick review of Online Survey Jobs
Answering surveys for a living isn’t really a feasible option. However, it’s one of the best ways of making extra money online! It’s a job you can do in your free time and the convenience of your home.
Paid surveys are also a worldwide trend these days with opportunities spreading beyond the USA and into the UK, Canada, Australia and many other countries.
This makes surveys the perfect earning opportunity for say, a busy mother, student or even someone who just wants to beef up his/her monthly income.
A few surveys are also exclusively aimed at teenagers. Normally, teens over the age of 16 years tend to enjoy the same earning opportunities as adults. But there might be some changes in rules from site to site and you should check the same before going for registration.
I have conducted my own research and analyses of all the paid survey work-at-home opportunities like taking paid surveys, focus groups, product testing and online market research, where members can earn either cash or different kinds of rewards! Although these won’t make you a fortune, they do offer some fantastic rewards:
- Work from home and choose your working times.
- An internet connection is all you need.
- It’s up to you to decide how many paid surveys you want to take.
- There is money to be earned by taking surveys!
Although sad, there is no escaping the fact that there are many scams when it comes to the market for earning money online/home jobs. I guess scammers derive their confidence from the desperation of millions of people to resign their regular 9-5 jobs. However, I’ve seen that people are getting a lot smarter now and are able to recognize a survey scam at the very beginning, which is simply fantastic!
Even then, it’s never a bad idea to do some research of your own before registering with any survey site. This is simply because each survey company is different and has in place its own set of rules and regulations.
Finding legit Paid Survey work
Some are of the opinion that only survey sites paying in cash are legit. But this is not true at all as some sites also reward you with points, which can then be exchanged for either cash or a range of prizes after a minimum limit is reached.
- Points Based Surveys
Quite a few survey sites prefer to use points as compensation for members. Members are required to collect and accumulate these points by answering more surveys till the time a certain minimum has been reached. A few survey companies assign a fixed monetary value to every point while some others prefer to let members redeem their points for gifts and prizes like CDs, DVDs, gift cards, electronic devices and even airline tickets.
- Cash Based Surveys
A few survey companies do not follow the system whereby members have to collect a certain amount of points before being able to redeem them for cash. Instead, such companies pay members directly in cash every time they complete a survey for them. Usually, such payments are sent to members either through mailed checks or PayPal payments. Again, each company has its own payment policy.
You can draw up your own list of the best survey websites through different methods. You can choose to do your own research, learn by trial and error or even go through several reviews from real people before deciding which survey sites are the best. However, if I were to be in that position now, I’d prefer the last method since it will set you on the path of taking surveys as soon as possible (often immediately after registering).
Even then, you cannot go wrong by adopting a hybrid approach. Starting off, you must sign-up with survey panels of impeccable reputations.
Once you are convinced of your knowledge on those sites, proceed with your own search. The outcome of this hunt is more experience for you, which is always beneficial when you stumble upon a site offering money for some kind of survey job.
Online jobs, whether paid surveys or otherwise, part-time or full-time, require a different kind of approach than the traditional offline work.
That said, just like any other kind of business, the amount of money you earn depends highly on the amount of time and energy you put into it.
For people new to this, I’d recommend starting off with some highly reliable and genuine survey panels like the ones I mentioned earlier (GlobalTestMarket, SurveySpot etc). Then as you get used to this new work from home opportunity and how it works, you can join more panels that offer legit online survey jobs so that you can increase your income.
If you have to only sign up for one paid survey site to make money with, I recommend Ipsos-iSay. Ipsos is the most fun and well-paying panel. Give it a try to see how you like it. It is free anyway!