Everyone has seen those pop-up ads which claim that online surveys can rake in a lot of cash. In fact, many of these ads declare that there are some people who are earning so much money that they have decided to quit their jobs and decided to dedicate their entire work days to just answering online surveys for cash. While these testimonials are indeed exaggerated, there is some truth to the claim that online surveys for cash are indeed a lucrative proposition.
How will you be able to earn money online?
Online surveys pay because companies would want to know what is in your mind. As a prospective customer, you opinion is worth some money because it can help develop products and services for better marketability. Thus, companies often conduct paid online surveys in order to convince respondents to spend their time answering market-related questions.
However, a big factor that comes into play is when a specific company only wants a specific quality in a specific group of people. For instance, Company A might just want to focus on individuals aged 25 – 45, those with credit cards, and living in a specific city or state. These are referred to as screener surveys. Since you will not always be qualified to be included in a certain demographic, you will not always be eligible for participation in certain surveys.
For this reason, to register in an online surveying program requires you to provide certain information such as your age, geographical location, economic status, brand preferences, etc. This allows the marketing researchers to determine which surveys are appropriate for you. Once your demographic info has been deposited in the company data base, you will be informed whenever there are survey opportunities appropriate to you.
Depending on the company you have signed up for, you will then receive survey requests through email, direct mail, fax, etc. Take note that it pays to register with more than one marketing research group, so that you can be potentially included in more opportunities. Make sure that you only sign up with companies who are reputable, and with a good track record.
It is also up to you to choose the surveys that you would be able to answer. For some people, they’d rather answer the more interesting surveys but for a lot of course, you would want to answer those that pay more. Of course, if you have the luxury of time, you may answer everything as you wish.
However, despite the attractive compensation, be forewarned about spam solicitations that are considered scams. At no time should be you be asked to pay for anything or provide sensitive financial information like credit card numbers and codes.
Always make the internet an opportunity for you to know more about the company. You can also check for other signs that the firm is a hoax if the rewards they give are not clear and your personal information including your credit card number is asked. Remember, there are reputable firms out there but scammers and crooks also abound.
Ultimately, a person can really earn from filling out surveys online. As to how much you will earn, it will depend on the effort and time you are willing to dedicate. Truthfully, luck and serendipity—being at the right place at the right time– also plays a big part. So, if you think you are lucky enough to find that online survey that would really give you another source of income, by all means, click on that mouse and tap on that keyboard.
Mark Anderson is a freelance writer who writes on behalf of SendOnlineFax. They review fax service providers and provide fax service to SMEs.