Tuesday, July 31, 2007

Online Paid Surveys - Can I make money here?

The whole "get paid to take surveys" thing has been around for a while, but it's one of those easy money things that has never really been discredited. To better facilitate you all as aspiring writers, and the wider community of people who make money online, I thought I'd have a look at one or two of these offers to see if there are any worth their salt.

What struck me as strange was that a lot of the online surveys require you to pay them money before they start sending you surveys. So I went looking for a free one. This was not an easy task, but I eventually came across GlobalTestMarket. I joined up, and they get you to answer a bunch of questions about yourself before they start sending you surveys to complete. For completing surveys you get "market points", which apparently convert to cash at 5 market points per US cent. I haven't received any surveys yet, but I'm not holding my breath to make millions out of this one.

I eventually gave up on that and took the plunge, signing up for the best non-free one I could find. I At first I thought it was a bit of a rip, but then I remembered that just that morning a friend had paid over twice this amount to sign up to an extras casting agency, who did not guarantee any work. The one I joined, Paid Surveys Online, promises you at least 3 surveys a day at $10 per survey. You can do more, but this is what they say you will definitely get.

So how "easy" is the money? Well, it's not free, but it's as close as it gets. Income potential isn't huge if you live in the United States, the UK or Canada, but it's a good way to make extra money for an hour's work every day. I did some numbers, and if you want to make money taking surveys then you need to move to sunny South Africa, or India or any country that has a weak currency vs. the US dollar.

If you spend a few hours taking surveys for the Paid Survey Program and you live in one of these countries, you can actually make a viable income by doing only surveys! I spend an hour a day taking surveys, no more, and I make more in that hour than I make in two hours of writing!

So my verdict is: if you want to answer the odd survey and get a little check after a few months, join up with Global Test Market. But if you want to really make money taking surveys and earn a viable income from it, then join Paid Surveys Online.

At $10 a survey you are guaranteed to make back the signup cost in the first day, even if you only do the minimum number of surveys. Here's a tip: if you try to leave the front page, it offers you a special $10 off coupon!