To most people, getting paid to take surveys seems like a great way to earn some extra cash. While the idea may sound interesting, quite a few doubts spring to mind. Is it possible to make enough money from surveys to make it worth your while? How can you ensure that you’re not just taking online surveys to fulfill an idle curiosity?
Let’s examine these questions and more as we break down the whole process of making bank with paid online surveys. We’ll explore what you should know before getting started, the various options available to make easy money, and how paying for survey takers’ time can help you make the right choice for your business.
The Pros And Cons Of Taking Online Surveys
If you’re new to the whole world of paid online surveys, then it pays to consider both sides of the story. On the one hand, you have the undeniable attraction of being able to make some quick cash without much effort. On the other, there are a number of significant downsides to this particular form of making money. Let’s dive into specifics.
They Are Rewarded By Rewards Point Systems
The best part of taking online surveys is the undeniable reward at the end. Just like with many other online activities, the more you put in, the more you get back. This is particularly important to keep in mind when considering the low payout amounts associated with online surveys. According to some estimates, you stand a chance of winning $2 to $5 if you complete a few surveys a day. In most cases, the amount you earn will be much less than this due to the low rewards paid out to participants.
Rewarding your users with points instead of cash serves an important purpose. By motivating people to do tasks for you instead of just taking your surveys because it’s easy money, you increase the likelihood of performing well on the platform. This, in turn, makes your customers more engaged with your brand and the survey content more valuable.
They Can Be Monotonous
Depending on the type of survey you complete, you may find yourself clicking on a series of similar looking links again and again. As you continue to rack up credits on your account, this can get quite tedious. A lot of the time, you’ll just be clicking on links to get to the next question, which is essentially an automated survey filler. This puts you in a bit of a pickle, as you’ll get bored out of your mind (or at least the adrenaline will start wearing off).
They Can Be Dangerous
Taking online surveys carries with it certain risks. You’re essentially putting your trust in a complete stranger, albeit one that has been pre-screened for competency. This is why the online surveys we’ve examined above are considered to be paid online surveys rather than legal or ethical surveys. In order to protect yourself from being scammed, ensure that you’re completing these surveys from a trusted source. Do your research and make sure the company is reputable before getting started.
They Can Be Time-consuming
While taking online surveys is a pretty passive activity compared to other online jobs, it’s still a job nonetheless. The amount of time you need to dedicate to earning sufficient funds to make it worthwhile can vary. In most cases, you’ll need to commit at least a few hours a day if you want to make a decent amount of money. This is considerably more time than you’d need to simply search a few questions on Google or take a quick stroll through your favorite online shopping mall.
In terms of how to make the most out of your time, here are a few tips. First, try searching for survey sites that pay out frequently (at least once every two weeks). In most cases, the smaller the reward, the more you’ll need to put in. In terms of the money you’ll need to earn, here’s a rough guide:
- For $5 to $10 a day, you can make about $200 to $400 a month
- For $10 to $20 a day, you can make about $400 to $800 a month
- For $20 to $30 a day, you can make about $800 to $1200 a month
- For $30 to $40 a day, you can make about $1200 to $1600 a month
- For $40 to $50 a day, you can make about $1600 to $2000 a month
- For $50 to $60 a day, you can make about $2000 to $2400 a month
- For $60 to $70 a day, you can make about $2400 to $2800 a month
- For $70 to $80 a day, you can make about $2800 to $3200 a month
- For $80 to $90 a day, you can make about $3200 to $3600 a month
- For $90 to $100 a day, you can make about $3600 to $4000 a month
- For $100 to $110 a day, you can make about $4000 to $4400 a month
- For $110 to $120 a day, you can make about $4400 to $4800 a month
- For $120 to $130 a day, you can make about $4800 to $5200 a month
- For $130 to $140 a day, you can make about $5200 to $5600 a month
- For $140 to $150 a day, you can make about $5600 to $6000 a month
- For $150 to $160 a day, you can make about $6000 to $6400 a month
- For $160 to $170 a day, you can make about $6400 to $6800 a month
- For $170 to $180 a day, you can make about $6800 to $7200 a month
- For $180 to $190 a day, you can make about $7200 to $7600 a month
- For $190 to $200 a day, you can make about $7600 to $8000 a month
- For $200 to $210 a day, you can make about $8000 to $8400 a month
Easy Ways To Make Money Without Leaving Home
If you’re looking for an easy way to make money from home, then taking online surveys is one of the best choices. The ability to make money passively is appealing to many. That said, there are a number of lucrative opportunities waiting to be discovered outside of the traditional paid online survey model. Here are a few of the most effective ways to make money without leaving home.
Take Online Surveys
If you’re looking to make quick cash, then taking online surveys is a great choice. The amount of money you can make is directly tied to how much you put in. For instance, the smaller the reward, the more you’ll need to put in. The upside is you can perform the task from the comfort of your own home. In most cases, you’ll just need to answer some simple questions regarding your opinion and how you perform certain tasks. The activity doesn’t require a lot of expertise and can be done virtually anywhere at any time.
The downside is you’ll need to be at home to take the survey. In some instances, this can be quite time consuming. Additionally, while it’s easy enough to make a few hundred to a few thousand a month with this method, it becomes considerably more difficult and time-consuming to make much larger sums of money. This is why most people choose to take paid online surveys instead.
Create Online Surveys
If you’re tech-savvy and enjoy being able to automate online tasks, then creating online surveys is a highly lucrative opportunity. In most cases, you’ll need to build a website that mimics an established survey platform. Once you’ve done this, you can easily implement automated tasks that will register new users, award points, and collect data. In most instances, you won’t need to do any marketing to make money from this opportunity. Simply create the survey, set the earnings threshold, and sit back and watch the cash roll in.
The downside is you’ll need to be extremely tech-savvy to successfully implement this technique. In addition, this is a time-consuming process and you need to ensure that you’ve worked out all the kinks before launching your product.