With thousands of people trying to find a way to make some extra money online everyday, paid online survey sites are popping up everywhere.Paid online surveys are a relatively recent phenomenon. A paid survey is a web based questionnaire answered by an individual for using a particular product or service. It is a web based research tool for determining the quality, popularity and use of a particular product or service.The fast turnaround and free communication of the Internet has made it possible for opinion polls and marketing research questionnaires to get to survey takers and return answers in hours or days rather than weeks or months. More and more online surveys are going out on a paid basis, to assure a large database of potential survey takers with diverse demographics and get fast responses.
There are literally hundreds of legitimate market research companies out there who offer incentives for your opinion. Companies have come to these firms to get public opinions on their products or services and are willing to pay them to find out what you think.
To make money with these paid online surveys you need to find a good guide company to help you get started off. You can do it on your own but it will take much longer and you are likely to get discouraged and give up before you achieve significant income. The first two or three paid online surveys you take will more than pay back the small membership fee these paid guide companies charge.
Each company works a bit differently, but here are the basics of online surveys. You will sign-up for a paid survey site. You will enter some basic demographic information (age, gender, etcâ€¦), and when they have a survey available in which they are looking for someone who fits your profile, they will send you an invitation to take a survey. The invitation will usually contain a link directly to the survey and the incentive they are offering for you to take the survey. Just click on the link and take the survey to qualify for the reward.
A good guide company is one which is:
1. Sizeable. Larger size indicates stability and proven longevity.
2. Growing. Growth indicates that they are doing something right, treating their clients well.
3. Has a good guarantee. Should have a money-back guarantee for 60 to 90 days.
4. Guaranteed. Has a financial company like PayPal, ClickBank or a major bank that backs up their guarantee.
5. Has a low refund rate. The refund rate or percentage of clients who ask for their membership fee back, is the best and strongest indicator of customer satisfaction. Low numbers (3-5%) are good. High numbers, above 10% are bad and should be avoided.
Once you pick your guide company and get started, set yourself up seriously to do what it takes to make money.
If you dedicate little of your time in paid surveys, you can earn a good profit. Earning online money with paid surveys is so easy that even a person with no prior internet working experience can make good additional income in his/her spare time.
If you cut through the hype and know what to look for, online surveys can be an enjoyable way to make some extra money. You'll get to see new products before they come out, give your opinion on how to make existing products better and get paid to do so. Not too bad for a few minutes of your time.