Marketing is big business. In order for
companies to provide the best service and increase sales, a lot of companies now offer paid surveys in order to find out
how to target their ideal customers. By learning who to target, businesses can reduce their advertising budget and get
more bang for their buck. This is why more and more businesses are now willing to pay for your opinions.
You don’t need any special
qualifications or know-how in order to make the most of paid surveys, all you
need is a little free time.
So how do online survey sites work?
All you have to do is sign up and wait
for survey alerts to land in your inbox and fill out the survey. Survey sites then add the cash to your account. Sometimes
you’ll receive cash for filling out the survey (that is paid out after so much money has been accumulated in your
account) or sometimes you’ll receive vouchers for your efforts that you can spend online.
How much can you expect to make?
You need to be realistic. This is where
a lot of people make their first mistake. Even if you’re religiously filling put every survey that you get sent,
you’re not realistically going to be able to make a living from it. You need to treat the surveys as a way for you to
make a little bit of extra cash. Dedicated survey-stashers can make $200 a year in cash and vouchers. Some who push
harder can see as much as $1000 a year in cash and vouchers.
Surveys aren’t a way for you to make
thousands of dollars quickly. It takes some time to accumulate a decent payout, so don’t look at these surveys as a get
rich quick scheme, because unfortunately (despite what some sites say), they really aren’t. Just remember that patience and consistency are key virtues when
it comes to taking surveys to make money.
Top tips for making money through
surveys...
- Set up a dedicated email address that you only use for surveys.
- Check your inbox regularly as some surveys are very time sensitive.
- DON'T store cash in survey accounts. As soon as you can get a payout, take it.
- Spend any vouchers you receive ASAP. Vouchers usually have a limited expiry date.
- DON'T tell porkies on your surveys.
- Keep a log of all the surveys you’ve completed.
- DON'T pay to join any survey sites. Only go for the free sites.
- Refer friends whenever you can as you can usually receive an incentive for this.
- And last but not least, keep your tax in mind. It’s your responsibility to declare all income on your tax returns.
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