To save time and money, many companies are turning to online market research. Surveys, in particular, can easily be conducted online or over e-mail. The cost of a 200-person, e-mail survey is $2,500 to $5,000. To get the same number of responses from a snail mail survey would cost between $5,000 and $7,000, and phone surveys can run as high as $15,000 [source; Yahoo! Small Business].
There are myriad ways in which individuals can make a little extra cash each week, but few compare to the speed, ease and consistency of paid online surveys. Making money online should always be a spare-time type of activity, and surveys might be the only ones which fulfill this requirement time and time again - no matter how long an individual chooses to participate in these programs - while the opportunities to have a little extra cash in your pocket should be savory.
Cashback shopping: Who doesn’t love getting cash back? It's a great incentive for shopping because it feels like you're being paid to do so. It's usually best to use the offers only when you were already intending to buy the product. If you love saving money at discount stores or at places that offer cash back, there are a lot of survey sites out there that will open a lot more offers to you. Survey sites can offer cash back because they're paid a portion of the profit for referring you.
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MySurvey. This site offers an easy-to-use dashboard, a steady stream of surveys and a decent qualification rate — 28.89%. However, we encountered numerous issues with the site, which made the survey-taking experience generally poor. The disqualification policy was unclear and the 1,000-point minimum cash-out requirement was hard to hit. Check out our MySurvey review to learn more.
To take surveys, you need to qualify. This means answering a battery of questions up front—before the paid portion of the survey. Page attempted a variety of side hustles to pay off her debt, and says that taking online surveys was the “least helpful” side hustle she tried, mostly because she simply couldn’t even get to the surveys themselves. “You can spend almost 10 minutes just trying to qualify for a survey, and then [get] declined,” she says. “It takes way too long to determine if you’re eligible to take the survey, just to make $5,” she says. Short of magically being the right demographic for every survey, you’re looking at getting turned away more often than not, and wasting time answering questions that don’t come with a pay off.
By filling out your user profile thoroughly, you’ll be able to make sure you get invites to surveys which are actually suitable for you. There are basic qualification questions at the start of each questionnaire too, to ensure you are suited to filling it out before you get going. And you can make the most of the huge Toluna community yourself too – if you want, you can create your own polls on the site to ask people about anything and everything! It’s a nice addition to be able to get involved and have in-depth conversations with fellow users.
As well as filling in the familiar surveys, you can sign up to complete free and paid offers, which is how many users say they make the bulk of their CashCrate money. In these cases companies will pay you to sign up to their website, or to try out the service they offer, such as a financial credit check. These are often quick, straightforward ways to earn a few bucks. As the name suggests, paid offers require you to pay out to claim the offer or to sign up for the service, but what you get back will cover this and add a small profit on top. If you’re signing up for a monthly service though, make sure to note in your calendar when to cancel it or you might find yourself out of pocket as they auto-renew each month.
Above all, thanks for that great article. I really enjoyed reading it all for the last 5 minutes with a mug of coffee! Despite this article being next to perfect, if I can, I’d like to add one of the best survey sites, in my mind, to this list. It would be, “ClixSense”. They’re a really old, and huge, presence in the research industry and have partnered with many of those listed in this very post. So, signing up on ClixSense lets you take paid survey invitations from multiple survey sites and research firms, like Opinion Outpost, Nielson Media Research, YouGov, I-Poll, MySurvey, Toluna and more. Almost half of all of those survey sites are listed here.
Design and pre-test questionnaires: Designing the questionnaire carefully and then pre-testing it before fielding it to your entire sample is crucial to getting data that are valid and reliable. For example, careful questionnaire design and pre-testing can help reduce the chance that respondents may interpret the meaning of questions differently. Future posts in this series will tackle these important steps in much greater detail.