Online Paid Surveys-Income Opportunity or Hype?-Online Paid Surveys

Online paid surveys are reputedly one of the quicker ways for anyone to get into profit really fast online. This is unlike a conventional online business where there are huge and hidden risks and costs involved. Doing an online paid survey for cash is pretty straightforward - complete a survey and wait for your payment. Mothers with young children and the elderly like the freedom to stay at home and mind their own business and getting paid for taking surveys is a wonderful income opportunity. That said, it is impossible to make fortunes and thousands from paid surveys, quite unlike what middlemen are implying in their 'dream job' hype talk. It's time to dust off the cloud and separate rumors and reality about online paid surveys.

Everyone has an opinion and can therefore take part in online paid surveys.

As long as you are a consumer, you can participate in online paid surveys to offer a useful opinion about a product. And you get paid for taking surveys this way. This is called market research and through paid surveys, you are contributing to the product development in the long run. Companies can get to know what consumers like and dislike through these surveys. From there, they can allocate the necessary resources to the product line and craft the advertising campaign accordingly.

Market findings report at least more than half of consumer opinions are gathered through online paid surveys. This is understandable since paid online surveys can be conducted quickly and efficiently within a short timeframe. Surveys could also be performed by government agencies to collect and collate statistical data about the population's needs.

Special skills are not required though it can be useful

You do not need to possess any special knowledge or skills in order to take part in consumer online paid surveys. Like what I have highlighted earlier, as long as you can give an opinion, you qualify. These online paid surveys are helpful as research information for the development of new household products such as shampoos, kitchen ware, electrical appliances, medical drugs, health and fitness products and more. While general surveys do not require special skill set, it does help you to make even more money doing surveys in the field you are familiar with. For instance, if you are a medical practitioner such as a nurse or doctor, you can qualify for lots of online surveys at Brand Institute.

How much can you get paid for taking surveys?

We reviewed many different online survey sites that offer paid online surveys. Out of these, we concluded that it is quite easy for anyone to earn $50 to $150 a week for a few hours of your time every week. There is also a minimum age required which usually is 18 years old, in order to do online paid surveys. Several survey companies pay cash directly upon completion of the online forms. Others prefer to reward participants with gift certificates and vouchers, discount coupons, prize gifts or a chance in their lottery draw. We also realized that this form of non-cash rewards is popular among work at home mothers and retirees. One interesting finding we chanced upon is that survey companies tend to serve the highest paying surveys to survey panelists who are committed and consistent in delivering quality submissions of surveys, ie folks who have good track record with the companies.

Another observation is that those who earn most with online paid surveys are usually those who are registered members of many survey companies. This affirms the belief that the more surveys and time you commit, the more income you would have from paid online surveys.