Wednesday, May 12, 2010

How much can we earn taking paid online surveys?

What if I told you that it is possible to make easy money sitting in the comfort of your own home - would you believe me? Would you even believe me if I told you it is free? Yes, you can easily make money sitting on your computer while doing nothing more than answering as many questions as you feel like doing.

You will be surprised how much cash you can earn from taking online paid surveys. You will be participating in research panels for some of the largest companies in the world and there is a lot of money to be earned. By paying the survey panelists a little extra money they can hope for real advice on their new products or your shopping habits. These companies would rather dish out $10,000 now than try promoting a new product later and lose millions of dollars. If you do as many paid surveys as you can in your spare time you will be making a lot of extra money.

Expect to make anywhere from $2.00-$150.00 per online survey. The highest amount I have had was $75.00 but normally they will be less than $20.00 unless they are longer than usual. When you get into focus groups and product testing you will sometimes see more money but it depends on the paid survey site and the company involved. Be prepared to enter a lot of sweepstakes since many companies would rather pay 1 person a large amount rather than 10,000 little rewards. Sometimes the odds are as good as 1 in 100 so there is a good chance of winning the smaller draws more frequently. In March, 2005, I won $2500 - my first big win and hopefully there will be more. As for the smaller draws, I have won $100 draws 3 times and a $250 draw! There is also the occasional $25-$50 gift card that comes my way. It sure adds up and I look at these like a free lottery!

To sign up with good survey companies you need to join any surveys site which provides a good database of survey companies. Full paid surveys provides 250 to 300 good survey companies database. You can check it out here.