Paid Survey is a type of survey where the survey respondents are rewarded for giving their honest responses or opinions.
Table Of Contents
- How Do You Get Paid For Doing Surveys?
- Are Paid Surveys Legit?
- How Much Money Can You Make With Paid Surveys?
- When Can You Get Paid From Taking Paid Surveys?
- Are Paid Surveys Scams?
- Which Is The Best Paid Survey Site?
- Explore Paid Surveys On PanelPlace's Marketplace
Since brands and companies need to understand consumers’ reactions towards their product or service, doing market research and getting feedback from consumers is very important.
In exchange for the time and honest thoughts on a product or service, market research companies reward survey respondents for participating in research studies as a token of appreciation. Generally, surveys that involve rewards or incentives are known as paid surveys.
With everything going online now, market research companies have also evolved and moved on to conducting surveys online. Through online paid surveys, you can freely give your opinions on topics regarding new product innovations. At the same time, you will also be rewarded with points which can be converted into cash or gift vouchers. The best part of taking a paid survey is that it is an easy and flexible way to earn some extra income and perks casually. With online paid surveys, you will be able to access it anytime and anywhere across any devices as long as you have access to The Internet
As a result, online paid survey has become an effective way reach out to a large number of consumers quickly and to get real feedback from consumers who are willing to share their voices through online surveys in exchange for some rewards.
How Do You Get Paid For Doing Surveys?
Ranging from gift cards, e-vouchers, and even donations to various charities, paid survey sites use many ways when it comes to rewarding their participants. Paypal, an online payment system, is also the most common tool that the majority of paid survey sites adopted to transfer cash rewards to respondents. It is an easily accessible, quick, and secure platform that helps users to receive their rewards. The best part of Paypal is that it is free to register and doesn’t require any subscription fees.
Read more about What Type of Rewards Survey Sites Would Pay You
Are Paid Surveys Legit?
Yes, paid surveys are legitimate if you do it with legitimate survey companies. Online survey panel, online research panel or online research community represents a group of pre-screened respondents who have expressed willingness to participate in surveys and/or customer feedback sessions. An online survey panel could be a proprietary customer panel/community belongs to a specific brand (eg. Twitter Insiders Program) or a 3rd party research panel (eg. Toluna) that specializes in selling samples to various companies and market research firms to conduct surveys. Respondents become a "panellists" by registering themselves with survey panels and subsequently will be invited to participate in research surveys.
One of the popular myths is that survey panels or communities only want experienced survey takers. That’s definitely not true! All survey panels welcome everyone with different backgrounds to share their opinions about any research topics. Many of the survey takers are normal people such as students, working adults, stay-at-home parents and even retirees. Therefore, you can also be one of them who earns extra money while sharing your views concerning various research topics that impact our daily life.
How Much Money Can You Make With Paid Surveys?
Earning money from taking surveys is simple. However, how much money you can make depends on the number of surveys you complete and the amount of rewards given for completing each survey. Every survey is different, depends on their type, length and complexity.
The over-promising claims made by some paid surveys sites is one of the biggest misperceptions that led new survey takers believing in earning quick cash within minutes or replacing their full-time job with doing paid surveys. The truth about doing paid surveys online is that people do earn extra money via online paid surveys but it won't make you rich.
You might also want to keep in mind that you are not always eligible to participate in all surveys. Some surveys may be looking for a more specific type of crowd, and you may or may not fit the criteria. Still, fill up your profile properly so as to help survey panels better identify you and perhaps increase the number of surveys you are eligible to participate in. The good thing is that you can do it at anywhere and any time of the day since survey invitations will just come into your email from survey panels once you register. One thing to take note though is that these invitations may expire after a period of time, so it is good for you to always be vigilant and take note of these minor details!
When Can You Get Paid From Taking Paid Surveys?
For most of the legitimate online paid survey sites, you usually don't get paid instantly. You normally redeem your rewards once you've accumulated enough points or credits needed to exchange for cash rewards, gift vouchers or other forms of rewards. The more surveys you manage to complete, the faster you can get paid.
Are Paid Surveys Scams?
Since there are already quite a number of online paid survey sites out there, it is important that you know what makes a credible site. To do this, there are a few things you can look out for. Those asking for payment of membership fees upfront, are a definite “must-avoid”. If the guarantee on quick earnings is also too loud, then chances are you are in for a fake deal. You must also check out the testimonials carefully, especially when the rewards all sound too good to be true.
Remember that legitimate online survey companies will not ask for sensitive information. They are also very transparent in showing company information and contact details. The rewards and freebies are real and not over the border to believe on. Spamming is also a definite no-no for these types of sites since they know how to value their members. Plus, your personal information will always remain confidential and will never be shared with third parties for promotional or marketing use.
Read more about 8 Things That Legitimate Survey Companies Will NOT Do
Which Is The Best Paid Survey Site?
Established online survey companies or top online survey panels such as Nielsen, OpinionWorld, Toluna and YouGov are some of the best survey sites to start with. In fact, many of these survey panels are listed on PanelPlace.com marketplace. After subscribing with survey panels, they will start inviting you to take part in online paid surveys. These surveys are then sent to your email or through their respective mobile app, and you will be notified to take a survey. Once you have completed the survey, you will be rewarded accordingly by the survey panel.
Explore Paid Surveys On PanelPlace's Marketplace
Taking paid surveys is one of the common ways individuals can take up to earn extra money. With just a little of your time to give your opinion, you can receive a cash payment, free trial items, or other types of rewards. If you do it consistently, paid surveys may be a good extra source of income for you.
Through PanelPlace.com marketplace, you could find & discover some of the best market research companies in the world to participate in paid survey opportunities that rewards you for sharing your opinion.
In PanelPlace, we serve community users from over 40 countries who have tried various digital products and services ranging from market research, online learnings and even investments. In the process of earning extra money via paid surveys, our members have shared stories regarding their personal paid survey experiences. For example, Andy, a long time PanelPlace member, has set an effective routine to ensure that he does not miss out on any survey invitations. As a result, he managed to redeem numerous gift vouchers and earn up to $200 to $250 per month.
Besides the monetary rewards, many of them have learned new knowledge regarding product designs and even general life knowledge. They were thrilled to know that their voices were recognized and helped in making better decisions for consumers like themselves.
Read more about "The Artistic Flight Attendant" - Welcome On Board With Farah
Read more about What Do I Like About PanelPlace
Start Making Money From Paid Surveys In 8 Simple Steps
Although the process of earning extra money and rewards via paid surveys takes some time, it can still be one of the flexible options for everyone to make money online with the spare gaps of time between your daily commitments.
At the starting phase of your paid survey journey, it is very normal that you will feel unsure with the processes. There were many survey takers encountered these sequential doubts on which steps they should do to maximize the earnings gained from surveys. The infographic above listed some top tips that can help you to have a better survey taking experiences. Among all, updating your profile regularly is the most important tip. It allows survey panels to better identify your interest and allocate related surveys topics to you. While receiving more surveys, it is also recommended to be honest and stay committed to answering the questions. Otherwise, you might get banned by the survey panel!
In short, to make money from market research paid survey, you will need to do the following:
1. Join the right survey companies.
2. Understand how the survey companies pay you.
3. Update your personal profile with the survey companies.
4. React to survey invitations quickly.
5. Answer your surveys honestly.
6. Be realistic, patient and don’t give up.
Try out online paid surveys today and see how it can help you earn some extra income. Make it even more convenient by joining PanelPlace.com, the marketplace that connects you with a vast variety of digital products and services. Sign up an account now and find out what opportunity paid surveys have to offer.