How to Make Money from Online Surveys

I am known for my articles about making money from home and one question that I am frequently asked is “Can I really make money by participating online surveys?”

The answer is definitely yes; firstly you need to understand why companies are
willing to pay you for your opinion on a couple of products. Big brand companies have massive budgets for research and development and they need to ensure they create the products that people want in order to do that they need to engage opinion of their target demographic.

Due to the current economic climate a lot of people are looking for ways to supplement their income and online surveys are probably one of the easiest ways to make money. Although, participating in surveys is an easy task you still need to be careful, because there are a lot of con artists running scams just trying to get your details for nothing in return.  There are a couple of reputable global companies that I know of and I will list their pros and cons.

The process of joining a survey site is very simple, usually you go to their website fill in their application forms and wait for them to contact you by email. Please note that once you are a member of a survey site, they will start to send you a lot of emails about surveys, vouchers etc for this reason you might not want to give your main email. Also, not everyone fits the target demographic for survey companies they will normally filter you out during the application stage.

Globaltestmarket.com – Is a global market research company that awards you points for taking part in surveys. The payment threshold is 1000 points, which at the time of writing is $50. Surveys normally take about 20 minutes and on average members get about $2 dollars a survey.

Toluna.com – with Toluna you can get paid for your participation in surveys, polls and asking the community questions. Surveys take around 20 minutes and they are rewarded with 3,000 to 5,000 points. The payout threshold is 80,000 points, which is around $25 dollars. Points can also be redeemed for all kinds new gadgets, getaways, prize draw tickets, vouchers for a large selection of stores including Amazon and cash.

Ciao.com – although Ciao is not a survey site I thought it at least deserves a mention. With Ciao you get paid for writing product reviews and the more views you get on your review the more you get paid.  Ciao have a strong presence in Europe; the rate you get paid varies on your status within the Ciao community. Reviews are worth 0.5p per rating, 1p per rating or 2p per rating and you earn more if you write a first review of a product or very high quality reviews. You can invite friends and earn a commission equal to 50% of your friend's earnings for the first six months of their membership. Once you've reached £5 or more you can request a payout into your bank account.

All of the survey sites I have listed will help you to make money, but they won't help you to make a living. A good friend recently introduced me to getcashforsurveys.com, they show you step by step how you can participate in numerous surveys and give you everything you need to turn filling in surveys into a business.

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