When it comes to making money online, there are lots of ads and websites that claim you can make money by taking paid surveys online. It sounds quit interesting, getting paid to take surveys! But can you really make money taking paid surveys? If yes, how much can you expect to make? Is it really worth it?
Paid surveys are a way for companies and manufacturers to gather feedback and information from consumers that will help them improve their products and services. For that, companies and manufacturers hire market research companies and pay them to conduct market research on their behalf. In order to get consumers to give their feedback about products and services they use to offer compensation in from of cash, gift certificate or variety of prizes.
The good thing is that you do not need to spend a dime to make money. Another great thing is that unlike most other online money making methods you dont need any experience or skills to succeed.
You can expect to be paid for anywhere from $1 for a 10 minuets survey to up to $75 or more for a 45 minuets survey. But, on average it takes about 15 minuets to be completed, and it pays around $3. Obviously you might not qualify for every invitation you receive. But if you register with more than one or two websites, you can increase the chances of getting invited, which ultimately increases the amount of money you can make.
The one thing you need to know is that most people aren t able to make thousands of dollars a month as some people would like to believe. However it is not that hard to make a couple of hundred dollars a month. Of course if you have more free time on your hand, you can register with more paid survey sites and double or triple your earnings. Also, some times you will get invited to online focus groups that take about an hour or so, but pay up to $200.
The most important thing you also need to know, is that there are many scams out there. So, always be sure to do some research about the site you want to register with and verify their legitimacy. There are many online forums and blogs where you can find more information. Take advantage of them and the free information they provide to protect yourself.
In a nutshell, paid surveys offer a simple and free way for you to make money online. Of course, like all money making methods, whether or not you succeed depends heavily on your effort.