Make Money Online Through Paid Surveys

There are advertisements which say that you can make money online through paid surveys. It is said to be one of the easiest ways to earn those extra dollars. But is it possible to earn $250 per hour for taking surveys? Let’s find the answer.

About Paid Survey
There are companies in the market which let you access their complete database of market research companies. They usually have about 400-500 companies listed and charge you a fee ranging from $30 to $60 for this. Is it wise to pay these companies for the data? The answer is no. There is plenty of information available for free on the internet and you can get a good listing of free online survey sites. Another reason is that you will also have to individually join each market research company in order to do their surveys. You will also find that only 20% of the names that you get from their database will be genuine. With some time and effort from your side, you can get the listing of survey companies at absolutely no charge on the internet.

Why Do Surveys Online?
In a nutshell, survey companies online reward you for your work. It can be either in the form of cash, or points system or lucky draws. There are some companies who pay their customer cash for their time. You can get paid $1 to $20 or even more for every online survey you complete. There are some great survey sites like Ciao Surveys, American Consumer Opinion Panel which you can access. You can get 1 to 4 surveys every month and this number varies with each survey site. Some companies prefer to reward their customers with points which they can accumulate and convert later for gifts or cash. Some of the companies of good repute in this field are are Global test market, NFO Mysurvey, Opinion Outpost.

Some companies let their customers enter sweepstakes or lucky draws for completing their surveys. You may not prefer this type of reward but there are good chances of winning the prize. Synovate, NOP World, Nielsen Netratings are some of the companies who follow this system of reward for their customers.

Your country of residence is also another determining factor in your amount of earnings. Residents of the United States and Canada make better money as there are several market research companies operating from these places. They get more surveys to do which helps them earn better. Residents of other countries can also hope to make money online.

Paid survey is a great way to make money online. If people say that the money you make online is large enough to give up your full time job, you need to think twice about it. But you can surely gift your self some extra $200-$300 each month from online surveys.