Paid survey site companies invest billions of dollars into marketing research online. They always want to find out more intricate details of a consumer's relationship with their product. Whether it's a new television show or just an existing product line, companies like Disney, Samsung, and Sony go to great lengths to find out their ideal audiences.
When offered a grand promise for a seemingly small price, many more are likely to fall for it. Being human, the idea of paying very little for great return is incredibly enticing. This is the leading idea behind offers like “Earn $200 every day! Just $10 for access to our exclusive list of high paying surveys.” When entering the arena of paid online surveys, it's important to be wary of any offer like this that seems too good to be true.
There’s a decent rate of surveys pinged your way as you can expect two or three emails a day inviting you to fill in particular questionnaires. In addition to this, there are freely offered surveys on their cleanly designed website each day which you can look through and decide if they take your fancy. Surveys on CashCrate are often outsourced to third parties though, so you can make more money on the survey side from other websites. Similarly they are known for passing your information on to other people, so to avoid the irritations of endless spam, make sure you set up a dedicated email address for your CashCrate account.
Don’t overshare. If you’re asked to give your Social Security number, bank account number or driver’s license number, leave the survey. Velasquez recommends being “intentional” with sharing other private information with survey sites. Answering questions about a TV commercial probably is fine, but giving medical information may not be worth the risk.
One example would be that a brand like Coke or Pepsi wants to know more about what kind of people are buying their beverages. They might want to learn more about the age, gender, income, or location of the people who like or dislike their products. They might use this for marketing purposes or to make decisions about their future products. Brands like this spend a lot of time and money investing market research to get your feedback. You just get money for doing them a favor – it’s a total win-win!
The concept of data mining and profiting off that data mining isn't anything new. And while some companies engage in some rather disreputable practices to do this, Global Test Market seems to be doing just fine with the whole “consent to disclose” thing. More importantly, in some cases this may help you as some companies will offer to do more specialized product testing once they've identified you as their target demographic.
Convenience: 4.5/5.0 – While the sign up form is easy to fill out, you will have to enter more information about yourself up-front than other survey companies ask for. Typically, you just need to enter your email address and create a password to join, but Ipsos also requires your name and physical address. We only gave a slightly lower rating for this because the sign-up process is still very quick and painless.
It’s easy to earn cash for surveys. How much you get paid completely depends on how many paid surveys you attempt and complete. Each online survey has a different payout, with some offering as much as $50. Most will pay less, but also take less time. Expect to earn about 40 to 200 SB points per survey (100 SB = $1), with occasional opportunities with much higher earning potential.