The Simple Truth
In 2016, UK web traffic reached a record high, reaching almost 11.8 million monthly visits – an increase of 18% compared to 2015.
This boom was driven largely by the success of online marketplaces such as Amazon and eBay, which continued to grow their market share and attract new customers. So if you’re looking to make some extra cash, you could do worse than experimenting with surveys.
You’ll be surprised at how many ways you can make money online with surveys – from filling in micro-surveys to receive rewards, to taking part in market research, and starting your own online business.
How to make money with surveys
There are several ways to earn money with surveys. You can:
- Sign up to receive free vouchers to try new products.
- Take part in market research to earn a commission for your effort.
- Sell and import your own products with the help of a forwarder.
- Surf the web for cash.
Let’s look at each of these avenues in more detail.
One of the simplest ways to make money online with surveys is to sign up to receive vouchers for services and products that you might not have tried before – often covering services like health insurance, groceries and more.
More and more companies are adopting this strategy as a way of attracting new customers and strengthening loyalty among existing ones. For example, you might receive a £10 Google Play voucher when you take part in a grocery store-based survey for Nab Foods.
You could also sign up to receive GoDaddy promo codes, which frequently include free gifts and discounts. The company also runs a series of supermarket surveys where you can make money online – and they even provide you with the necessary forms to take part. You just need to be a legal resident of the UK and over the age of 18.
Perhaps the most lucrative way of making money online with surveys is to take part in market research. Simply search for the name of the company you’re interested in working with and you’ll find a list of survey opportunities. Many larger companies with hundreds of employees will often outsource small-scale research projects to freelancers like you.
You earn a flat rate per week for taking part in these surveys, which can range from £5 to £10 per hour. However, the more research you do, the more you’ll be able to charge – and some people even make a living from participating in market research. For example, Ipsos iSay is a market research company with over 20 offices around the world. Their UK-based employees can make £40,000 per year, which is roughly equivalent to a Private Investigators salary.
Selling your own products
An increasing number of people are choosing to make a living online. In fact, according to the the UK Government, nearly 2.9 million people in the UK now work remotely – mainly from home. This trend is being fuelled by the increasing demand for online marketplaces, such as Amazon and Ebay, which make it easy for anyone to sell their products.
If you have a product that you think could sell well online, you could take advantage of this opportunity by partnering with a third party sales team who can make it easier to reach potential customers. For example, you could sell your own products through ClickFunnels, which provides you with the necessary tools to set up an online store, or MarketJam, which provides a simpler way to sell and ship your own products to customers worldwide. Both companies offer various levels of engagement, from simply setting up a store to gaining complete control over the process – and earning a passive income.
Surfing the web for money
As the name suggests, you’ll make money online with surveys by simply surfing the web – although, as with any other way of making money online, it’s not necessarily easy. The opportunities are endless, as long as you can find a web browser and an RSS reader.
You’ll often be presented with slightly more complex surveys that require a bit of digital literacy – but for the most part, all you need to do is register with an email account and start searching for online surveys that pay. You could also try looking at reputable review websites for survey opportunities.
Starting your own business
If none of the above strategies appeal, you could always start your own business – although this requires a lot of legal and financial planning. If you think you can add value to someone else’s business, you could start a consultancy, which provides you with the necessary skills to become a freelance consultant.
You’ll then be able to use your skills to provide independent advice and recommendations to businesses across the globe. For example, if you’re an expert in web hosting, you could offer your services to companies looking to launch a new website.
Alternatively, you could start an online store and list your products for sale. If you have a specific skill – like copywriting, graphic design, or web development – you could offer your services to businesses in need of a digital marketing strategy, or product website.
Make Money Online With Surveys – Key Facts
In case you’re curious, here are some key facts about making money online with surveys:
- In 2016, you could earn a decent chunk of change with surveys, ranging from £5 to £10 per day.
- The average UK adult spends 4.4 hours per day on the internet, according to HubSpot.
- The market research industry is valued at over £12billion and is expected to grow to £16billion by next year.
- Many companies outsource small-scale market research projects to individuals like you.
More Ways To Make Money Online
If none of the above strategies appeal, you could always try making money online with Adsense, which allows publishers to make money from advertisers who want to pay to have ads placed on relevant content.
You could also try making money online with affiliate marketing, which is a way of generating revenue from advertising networks, products and companies that you’re aware of. For example, you could set up a blog around a specific niche – like web hosting, or digital marketing – and make money from companies who want to gain marketing visibility through your blog.
Last but not least, you could try making money online with YouTube – although this option requires a lot of focus and dedication, as you’ll need to create appealing content that potential customers find value in.
In summary, making money online with surveys is a viable option, as long as you can find a way to consistently generate viable survey responses. If you’re dedicated and fiddle with little tasks to make extra cash, you could probably make a living from just about any of the above opportunities, as long as you don’t abuse the system.
So, there you have it. From taking a stroll to work to making a living, you can now do all of this from the comfort of your home. If you’re looking for ways to make extra cash, you could do worse than experimenting with surveys.