Can Online Surveys Bring A Lot of Money for You?

Online Surveys for Money - The Truth of Earning Cash by Taking Online Surveys

Avoid Scam! Can doing online surveys for money really make cash income of $500 - $3500 per month as said in many advertisements? Well, the answer depends on the “earning it advertised” and the “effort you are willing to give”.  I am a full time employee and like many others, worry about laid off especially after housing crisis since 2008. So, seeking all possible source of income in preparation of the worse becomes a priority. I was attracted by the very promising “online survey for money” and decided to give a try of those paid surveys. I even paid for membership so to have better understanding of these online surveys. This writing will give information you need before starting the journey of online survey for money

How Much Money Online Surveys Worth for?

After couple of months doing online surveys for Money, I conclude the following:

• The payment of online surveys depends on the time and knowledge required to finish it. A 15 - 20 minute online surveys without obligation usually has cash value from $1.00 to $2.00. This implies the hourly rate for online surveys is between $3.00 and $6.00. Paid surveys from focus group or phone interview can be over $50 per survey, but it will not be daily basis (probably once  per month) and most cannot be done online.  Also, except focus group, the payment is not per survey basis, which means you will not be paid until the money is accumulated to the cash out value between $30 - $50 usually.
• Many of the online surveys are not awarded with money but sweepstakes only. Some online surveys are well paid but require obligation like purchasing or joining clubs …etc.
• Some online surveys are poorly designed and lengthy, thus take great patient to finish it. However, lengthy surveys usually are well paid with money.
• Almost all the online surveys will state in the beginning the time required to finish. But if you are a slow reader or doing surveys outside your expertise, you will definitely need longer time.
• Although each day, you will receive many online surveys opportunities in your mailbox, but that does not mean you are qualified for those surveys because

1. All online surveys has a pre-screening process and it is possible you will be screened out. The pre-screening process is not money paid (but probably will enter you into sweepstakes).
2. The online survey reached the required number of participants. This may imply you need to be an early bird.

So, let us average $4.5 as hourly rate for online surveys, which means spending around 1.5 - 2 hours each day doing surveys for money round $200/month. Remember, it is somewhat impossible to be qualified for every survey received due to the pre-screening process. Everyone can easily do the math to figure out the possibility of earning $1000/month or more for doing online surveys, and I am not saying impossible, but definitely need some luck together with many paid surveys from focus groups. More importantly, you need a very good eye sight because reading surveys questionnaire is totally different from watching TV.

How to Start Online Surveys for Money?

I like to encourage participating online surveys especially for shoppers when the goal is just to earn some extra money to pay bills. But if the target earning is above $500/month, then it needs to be handled with professional manner. Here are my advices for joining online surveys for money:

There is no need to pay for joining “Online Surveys Membership” because those sites basically give a list of survey panels for you to join each individually. “Survey Panels” or ”Market Research Panels” are the companies that offer ‘online surveys’ and pay money directly to you. These panels are free to join and will email you when survey is available.

• Keep around 10 - 15 “Daily Survey Panels” as your favorites. “Daily Survey Panels” offer online surveys on daily basis but no guarantee of your participation. Read reward policy before join because some online surveys panels do not offer money.
• Join as many focus groups as possible because it won’t be daily basis and high percent of study requires specialty. Google to find such groups that fit your background and location.
• Create your profile accurately so to increase the chance of receiving online surveys that fit your interests and expertise.
• Be sure to read and give true answer when doing online surveys. Some of the online surveys, especially those high paid ones, are designed to make sure you are not rushing through by giving conflict answers, and the money is pending until verified.
• Use email account dedicated for online surveys use because after joined those online surveys panels, you will start receiving many advertisements too.  
• There is a free version of RoboForm you can download. It can save time for entering some frequently answered questions with a single click when doing online surveys.

Below is a list of online surveys panels offer money that I join and keep. Hope it can give new comer a good start. Note that, my background and interests are different from yours; therefore, my top rated online surveys panels may not be your top rated. Of course, I do have some bad luck days without any survey due to the pre-screening process.

Online Surveys / Market Research Panels (Daily Basis)

Online Surveys / Market Research Panels (Non Daily Basis and Focus Group)

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Non-US Online Surveys / Market Research Panels

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