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Paid Surveys - Ask Yourself These Three Questions Before Signing Up

Jul 31, 2008
Taking part in paid surveys may well be an easy way to earn a little extra money, without having to take up secondary employment. However, when it comes to making decisions about which survey opportunities to take part in, there are three questions you should ask yourself.

1. Do I have to pay for it?

If the survey or market research company is legitimate, you will not be required to pay any money in advance of getting work from them. After all, it is real feedback you are providing them with so why on earth should you have to pay them? The company in question should also have an affiliate program where you are paid for any referrals you make to them by way of family and friends wanting to take them up on their offer as well. Some companies actually put together directories and lists and sell memberships instead. By all means, look into these, but make sure you read the reviews on the individual services before going any further.

2. Is this opportunity a viable one, likely to go on for a long time and will it be right for me?

Companies in the business of developing new products have to know what the consumer wants and need to be aware of the requirements in the marketplace. Prior to spending great sums of money on the creation of a new product, they invest millions of dollars into market research in order to avoid coming up with a product or service which falls flat on its face. Many surveys take a fair amount of time to complete and the companies understand this, hence their willingness to pay the individual for the time spent on such surveys. Therefore, if making a quick buck is your plan, then this is not for you and consistent effort on your part is required to get any kind of real monetary results.

3. What amount of cash am I realistically likely to make?

The small print needs checking out carefully before you will be aware of just how much, or how little, money you can make. Working for some companies earns you credits or points which can be converted to cash or a Visa gift card, which works like cash. Other companies simply pay you cash within two to four weeks of the completion of the survey depending on their accounting cycles. Payments can be anything from $2 dollars for a survey taking five minutes, $20 dollars for half an hour of your time or up to $75 dollars for more time consuming work.

In conclusion, paid surveys can result in an additional form of income and the only requirement from you is the time you need to set aside each day to complete your work. You should not have to pay for this kind of opportunity but you can expect to have to be consistent with your work to get the greatest possible gains. Be sure to read the small print so you know exactly what you are letting yourself in for.
About the Author
Kevin Sinclair is the publisher and editor of Be Successful News , a site that provides information and articles on how to succeed in your own home or small business.
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