Saturday, April 7, 2012

Making Extra Cash With Paid Online Surveys | Profit Pro Article ...

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In this economy, most of us could use some extra cash to make ends meet. One way to make extra money is to do paid online surveys through companies that conduct market research on behalf of large consumer products manufacturers. While you cannot expect to earn a living, it is possible to supplement your income by doing surveys. Survey companies pay in cash or in points that can be converted to cash or gift cards. The following tips can help you start making money with online surveys.

- Register with Several Survey Companies: Online survey companies include Survey Spot, Opinion Outpost, Pinecone Research and Viewpoint Forum. It is a good idea to register with several companies to increase your opportunities to take surveys. Some consumer products companies work primarily with a few survey companies. Signing up for surveys at only one or two companies will result in missing out on opportunities to make money.

- Maintain a Separate Email Account: Most survey companies send survey invitations to the email address you provide at registration. Keep a separate free email account such as Yahoo Mail or Gmail for receiving survey and focus group invitations, which can quickly fill up your inbox.

- Complete and Update Profile Surveys: All survey companies will require you to complete one or more profile surveys before you receive paying surveys. Profile surveys record your age, location, income and other demographic information. Completing and updating profile surveys make it easier for companies to direct appropriate surveys to you.

- Look for University Research Opportunities: Amazon.com has a service called Mechanical Turk or MTurk that pays people to do short tasks. Several universities regularly have online studies available on Amazon Mechanical Turk. To participate, you will need to open an Amazon MTurk account, which is separate from a regular Amazon.com account. MTurk pays either by cash sent directly into your bank account or by Amazon gift cards. Some university programs, such as UCLA Anderson School of Management and Columbia University CDS Lab, allow people to do research surveys directly through them.

- Sign Up for Focus Groups: Focus groups are small groups of people who participate in in-depth market research discussions. Online surveys usually take less than 30 minutes to complete, but focus group research may take several hours. Companies conduct online focus group research through secure online bulletin boards or messaging applications. Pay for focus groups can range from $25.00 to $200.00 or more, but the opportunities to participate tend to be sporadic. Companies that conduct online focus groups include Focus Forward, 20/20 Research and Focus Pointe Global.

- Keep Track of Completed Surveys: Survey companies have their own systems for tracking the surveys you have completed and the money or points in your account. Still, it is a good idea to keep your own record of surveys completed and the dollar amount or points in a spreadsheet program in case you encounter crediting issues. Some experienced survey takers keep a screen shot of the ending screen as proof completion.

Get started today. Simply type ?online surveys? into any search engine and register with survey companies. Before long, you will have some extra cash that could help fill your gas tank or pay for a nice restaurant meal.

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