There are a lot of avenues for generating money online. Market research is a potential field where you can earn money by just filling out surveys and giving opinions about new products. The mode of payments can be in the form of cash or vouchers from different retail sites.
Setting Up an Account
First things first, you need to set up a new email account that you’ll use for this type of online job. As much as possible, use if for work purposes only and don’t mix it up with personal matters. You’ll be using this account to sign up in all the survey sites.
Ways to Make Money Through Surveys
There are multiple ways on how you can participate in a survey. Surveys are not limited to the traditional question-and-answer or checklist-type of questionnaires. Today, different approaches are employed by different survey sites depending on the nature of the products they want to get feedback from the population.
Here’s how you can earn income with surveys:
1. By filling out survey forms and questionnaires
Making money from surveys is very easy. All you need to do is answer the questionnaires, and you earn money for every survey you completed. As much as possible, choose a survey site that has surveys that pay through PayPal. There is a cash incentive after you complete all tasks, which will be transferred to your preferred payment system.
Sometimes, payment incentives are not in cash but vouchers or rebates when you go shopping. This may be your least preferred payment option, but it’s quite useful if you’re into online shopping.
2. By trying or reviewing new products
Some manufacturing companies usually pay people to review their products before they launch it in the market. The strategy is similar to what surveys are trying to achieve – to analyze the market and its consumers and determine if their products are profitable or not.
3. By inviting your friends and family to join the program
Because survey sites act as a networking program, you also earn money through referrals. Survey sites give incentives to members that can encourage other people to use their sites. Because some of these sites usually require a minimum sign-up fee for you to be able to use their network, they give a portion of their accumulated sign-up profits to members who successfully acquired new members.
4. By participating in games
Who wouldn’t want to earn money very fast by just playing online games? You might be skeptical about it, but it really works.
Games and app development companies usually pay people to test their application and gaming programs and ask for feedback before they launch it in the market, App Store, or Play Store. To be qualified, one must be into gaming and should be knowledgeable about what aspects of the game should be assessed.
5. By giving opinions in public issues
Earn from your comments and opinions by participating in online surveys that need to know the pulse and opinions of the public in various issues, including politics, social issues, and public affairs. The people who use the data are usually researchers and those from the academe. Sometimes, the data are also needed by private institutions that are associated with the press and other organizations.
Tips When Generating Income Through Surveys
Now that you know the different types of surveys you can participate in to earn money, here are some general guidelines you need to observe if you plan to grab this online opportunity:
- Choose your niche: Answering surveys are not fun if it’s something you’re not interested in. Choose survey topics and survey sites that are in line with your expertise or something you’re passionate about.
- Answer with all honesty: Keep in mind that your answers will be collated by data analysts and will later on be used for market research. Try to answer all the questions with all honesty so that the ones who paid you will get something out of it. Don’t answer surveys just because you need money for it. Give it a little of your time and effort as well.
- Be aware of scam: Before participating in online surveys, make sure that you research the survey sites you’ll be participating in. Make sure that they pay people so you don’t waste your time.
Market research provides opportunities for those who want to earn money online. This can be achieved by participating in online surveys, product testing and review, and sharing opinions. Paid online surveys are easy ways to earn money, but you have to make sure that you’re participating with a survey site that is legit and has a good reputation.