Times are getting tougher with the economic downturn. The recent credit crunch is one of the most serious financial crisis in recent times, and that has gotten many people worried. Employees are worried about losing their jobs and not being able to meet their mortgage payments or meet their bills. Business owners are worried about nose-diving profits. Entrepreneurs are worried about not being able to raise the capital that they need for their start-ups. After all, banks have gotten a lot more cautious about who they lend their money to these days.
Fortunately, in times of crisis, there are still abundant opportunities available. For example, someone losing a job may be able to spend time upgrading his or her skills. The individual may even come upon a new opportunity that may help replenish the loss of income.
Online surveys.
Online surveys are regularly conducted by established companies and institutions. This is an opportunity for anyone who would like to make some extra money to get over the tough times ahead. An online survey may be conducted by a government agency to get opinions, or it may be conducted by a business to get consumer feedback. Such surveys are usually outsourced to professional survey companies who specialize in conducting surveys. These companies are also known as survey panels.
Getting to know survey panels.
There are many survey panels available online. When you join a survey panel, what actually happens is that you join their database of consumers. You will be required to reveal some personal information about yourself such as age, gender, and country of residence. When the opportunity arises, and your profile matches that of the survey requirements, you will be asked to complete a survey online.
Every survey will have its own rules and instructions. Be sure to be clear about the instructions before proceeding. You will be paid a sum of money, usually in the range of $20 to $80 for completing the survey. The amount depends on several factors such as the length of the survey and the number of participants. For example, if you belong to a high income group, you may be paid higher, since it's more difficult to obtain opinions from people in that income group.
How to complete surveys.
Read all questions carefully and give honest answers. Some questions may be optional, so you may skip those if you like. If you fill in bogus responses for the survey, you may risk not getting paid. Usually, there is no time limit for completing a survey. A survey can take up an hour to four hours of your time. You can make a guess as to the amount of time required to complete a survey based on the number of questions.
Beware of scams.
This is unfortunate but some websites offer bogus survey sites that do not actually pay you. These are sites that you want to avoid. The best way to determine if a site is legitimate or not is to search for reviews on community sites. If reviews are positive, you may then wish to join as a member and earn some extra income.
Free Online Surveys Money
Paid online surveys are a big business on the Internet and a good way to make some extra money. Thousands of surveys are being made every week, and tens of thousands of survey participants are receiving checks in the mail and deposits in their PayPal account every month. It's easy to join them, if you do it right!
The challenge is that most of the paid surveys being made (75-80%) are made by low-pay/no-pay survey makers and are mostly a waste of time. Not worth the effort to fill out the questionnaires. To make any money you must be signed up with the 20-25% that are legitimate paid online surveys that pay well and on time.
There are over 700 survey makers in the U.S. and over 3,000 worldwide. While you could just sign up with all of them, try them and discard those that don't really pay or that abuse your privacy, this would take a lot of time and effort. (All these survey makers are independent competitors; you must sign with each one separately.)
Since the survey makers that really pay participants generally do not pay recruiting fees, the best way to get the use of a good list of survey makers is from a paid survey membership site. When you pay the site with the list, they try to please you, and you have a chance to get a good list.
"Free lists" are actually being paid for, indirectly, by the no-pay/low-pay survey makers to recruit more gullible survey participants to work for next to nothing. No list is really free. It is either paid for by you or by the (low-pay/no-pay) survey makers trying to recruit you.
Since some paid survey sites also accept some survey makers into their lists in order to collect recruiting fees, you will need to carefully screen them to pick out a good one. You can do this based on what the current and past clients are saying about it, as reported in their refund rates.
Essentially, the surefire method to get a good list is this:
1. Only deal with paid survey sites that have a STRONG money-back guarantee, backed up by a bank or financial company such as PayPal or ClickBank. There are at least 70-80 of these out there.
2. From within this group with strong money-back guarantees, pick one with a low (3-6%) refund rate. Avoid any with refund rates that are either unknown (means high) or are as high as 9-10%.
[Low refund rates mean happy clients, who made money with the list they got as a member of that site, felt that it was well-worth the small membership fee, and were happy. High refund rates mean many unhappy clients, who did not make money with the list they were given, and are demanding their money back!]
3. When you get your copy of your paid survey site's list, quickly sign up with ALL of the survey makers on that list. The more you sign up with, the more money you will make.
Follow this formula and you will position yourself to be amongst the happy clients of a paid survey site that HAS happy clients! You have great upside potential and no downside risk. You can't lose; you have a strong guarantee.
Many more or less serious survey takers make over $1,000 a month, working their own hours, from home or from anywhere they have access to the Internet. You could be one of them and be receiving checks in the mail for giving YOUR opinion!
Both Gen Wright & Jorge Chavez are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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