The paid for your opinion industry has grown to a multi million dollar business with 400 to 500 market research companies worldwide. These companies pay panel participants anywhere from a few dollars per survey up to several hundred dollars to participate in research panels.
The good news is that is really is possible to earn money for filling out surveys or participating in market research projects. The straight truth of the matter is that you can make likely about $600 in your part time with a dedicated effort, and if you were really aggressive, you might top the $3000 a month level. You will not make $100,000 a year like some directories claim, and those that did make such claims were penalized in our professional rating category.
Top Survey Sites We Reviewed
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How To Earn Money with Paid Surveys
There are two ways to go about getting started with being paid for your opinion. You can begin with taking the traditional route and using search engines to find listings of survey companies. The problem with method is the time, and unreliability of being able to find reputable companies - and enough of them to make any type of income.
In our market tests, it seemed evident that to be able to earn even a moderate level of income, you would be required to participate in as many companies as possible. Typically, you may only receive 3-5 survey opportunities per company per year, meaning that the more you register with, the more your earning potential grows.
The second route is to join one of the many membership directories that provide you with a comprehensive listing of the companies on the internet that will pay you for your opinion. Fees for this service / membership range from $22.00 to $38.00.
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The paid to industry in all categories is ripe with the copycat principle. One directory / service starts, and it is quickly followed up by a host of individuals that purchase the original and republish it under a new name. In some cases, this isn't always a negative issue. In some cases, the product can be improved through redevelopment, but in many cases, the product diminishes and the unsuspecting buyer receives less than expected value.
In our purchase of these memberships, we concluded that there are likely only about 370 active listings, with several companies having multiple divisions but only one registration required. This observation should be noted with directory companies claiming they have 400 or 500 listings.
Our evidence suggests that a maximum earning potential for survey participation would top out at $3000 a month with a full time effort rather than the $6000 or $10,000 claims made on several directory sites.
In our ranking and grade system, several sites were penalized for exaggerated claims of potential earnings. Not only is this practice highly illegal as outlined in the Federal Trade Commission's acceptable advertising practices but is a bad business practice.
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Overall, we like the idea of earning money with paid surveys, and this is a legitimate opportunity for a person to invest in. It's an excellent way for a student, or home maker to make a few extra hundred dollars a month with a limited effort.
The important element of your decision to buy, and which directory to buy should be based on the security of that purchase. With this said, we recommend that you only give serious consideration to the programs that meet a set of high standards. Through our review process, we have attempted to provide you with a knowledge base of which programs are a good choice.
In this case, Survey Scout, Express Pay and Paid Surveys are our leading choices for paid surveys. These sites represent the best likely chance to earn your maximum potential from taking surveys.
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Sample Top Paying Survey Companies
There are an estimated 400 plus survey companies on the internet that will pay you to take surveys. These companies pay anywhere from a few dollars to $75 and more to participate in research study groups. Here are three of the top paying companies that will pay you for your opinion. Registration is free and are typical of the companies listed in the paid survey directories.
These companies all pay you to take surveys. The purpose of the survey directory is to provide enough listings that you can earn a substantial amount of money from taking surveys online.
A Note About Free Directories
In our test results, it was evident that to actually make more than a few dollars a month, a participant needed to register with as many survey companies as possible. Directories that offer 20 or 25 survey listings were in most cases simply used to capture email addresses for spamming purposes and only directed users to websites that in return, paid the free site for the referral.
