Online Surveys are an easy way to start earning additional money in your free time. Who does not love to get some money just giving their opinion, views, likes and dislikes and get paid for it? But what is the catch? None.
While
paid surveys are marketed the
wrong way attracting people saying you can get large amounts of money
easily, the reality is that everyone
anywhere in the world can make some small sums of money in their free time.
Why we are paid money?
In today’s
cluttered marketplace, any mistake is costly for companies / brands. The
insiders may not have enough insight about consumer needs for various features
in relation to costs involved in the products and services on offer.
Many
companies find it very costly if the product fails due to wrong features.
Surveys are a good way to obtain feedback about various features to be offered.
Another good option is to compare competitor product features with the proposed
features to gain deep insight into what features to offer.
But
many companies found that not many willing participants are there for their
surveys. So they started paying money to survey companies to incentivize respondents
to participate in offer. Survey companies in turn started paying participants
to fill their quotas.
That is why you get paid money for filling
surveys.
How surveys work?
Most
companies want to segment the visitors to surveys based on demographics to filter
the visitors based on ideal profiles planned already. So to get many good surveys, a new joiner to survey
site is required to fill detailed profile information to segment the visitors based on age, gender, family profile, usage
profile, pets, possessions, etc.,
So
the first step to getting good surveys is to fill profile information. Most
companies follow a detailed segment profile structure to better capture the
right attributes.
Why failures in survey
completion?
Even though the
respondent is serious in completing the survey, frequently they are ejected
from surveys citing many reasons. Why this happens? The brand the ultimate end
user wants responses from ideal customer with right profile. If a product is to
be launched in a specific location, survey may limit participants to those
residing in those locations and outsiders will be ejected from the surveys.
So respondents
should not be expecting to paid for every survey they start. Instead they get
paid only when you complete the full survey.
Most good survey
companies get detailed profiles of respondents. More detailed the profile, better is the survey company as
the failure surveys are less.
One main limitation felt is the
high value of cash outs and the long time needed to reach this figure. One
trick some respondents use is to just keep doing surveys and cash out at the
time of emergencies or festival times. Who does not like their entire Christmas
shopping paid for through free money earned through surveys.
Some smaller companies may not
have enough surveys at all to earn enough to cash out. Some fraudulent
companies stop offering surveys when the respondent reaches close to cash out
level. The advertisements featured in this page are about good paying companies
who do not cheat.
Some survey companies are biased
to specific geographies or demographics. Over time you will learn which
companies offer surveys to your demographic and you end up earning more money
from them.
Practical examples
Kid product surveys will need those who are parents and unmarried will be filtered out. On the other hand youth product or website will require young respondents and older ones may be filtered out. Car surveys may need car owner and non owners may be filtered out. Similarly pet products will go to pet owner and non owners may get filtered out.
Right ways to earn
surveys long term
1. Tell the truth in survey profiles. You will be giving enough data to cross check whether you are saying truth long term by the survey company. So truth gives you enough surveys long term and enables you to cash out.
2. Join multiple survey companies to earn more and encash once a year.3. Doing surveys through Clixsense means you can do it all in one place with very low cash out from $6 onwards.
