Are you in need of some extra cash? Have you ever wondered do paid surveys really work?
Money is tight these days, and with all of life’s expenses, every penny counts. If you look online for the best ways to earn money fast, you’ll come across something called paid survey sites.
A survey is a data collection tool used to gather information about individuals. An online survey is the same thing, but because of their easy accessibility, they are the most commonly used of the two.
Over the past couple of years, survey sites have become an increasingly popular way to make money – for both companies and consumers.
Companies like to use online surveys to acquire a better understanding of people’s likes and dislikes. With this information, they can revise their products to reach their highest selling potential.
Ultimately, your participation in these types of offers not only helps you out financially, but it gives the company the statistical information they need to enhance their products.
Now that I’ve discussed the basic outline of online survey sites, let’s talk money. You take a survey, and then you get paid. But what kind of compensation are we looking at here? How do paid surveys really work?
Gift cards, checks, and cold cash via PayPal are the three primary ways in which survey sites pay. There are some websites that give you merchandise, but it isn’t as common.
Normally you perform various tasks and then you earn points. Once you earn the minimum threshold of points required, you can request payout where your points will turn into real tangible rewards.
It doesn’t just stop at surveys. Almost every website that I’ve encountered has had more than one way to make money. From friend referrals to watching videos and playing games, I guarantee that the chances you’ll get bored are low.
Yes, You Can Be Disqualified
Disqualification, it happens to all of us. It would be a lie if I were to say it didn’t happen. Luckily, if you find a legit survey site, this won’t be as much of an issue.
Sometimes you have the convenience of earning a small compensation, despite the fact that you were disqualified. Some of my favorite survey sites have this special feature.
For example, Swagbucks has users complete a profile first so that disqualifications during a survey are minimized.
How Much Can I Make?
With the right survey site, there’s potential to make a couple hundred per month.
Will it be enough to quit your job? Not necessarily. Most survey sites prove to function best as a way to make cash on the side. Even though you won’t be making a years-worth of income, there is still some definite earning potential.
Join More Than One Site
Joining more than one survey site is a great way to maximize your profit for a number of reasons.
The primary reason is that you can be more selective on which surveys you take, generally opting for the higher paying surveys.
I joined a few different survey sites to increase my survey intake and profit potential. My current favorites are:
A Few of the Best Options
While there are a lot of great paid survey sites out there, it can be tricky finding the one that best suits you. Listed below are our “Top 6” survey sites that are above the rest.
Currently one of the most prominent marketing and survey research companies, they are certainly a crowd favorite. Panelists absolutely love Swagbucks for their great setup, minimalist design, and timely customer service.
They are completely free to join and once you sign up, there is a huge variety of things to do. Getting surveys and completing tasks are a few of the ways to earn “Swagbucks”, hence the name, which can equate to either cash or prizes.
With the help of social media over the years, Swagbucks has skyrocketed to an entirely new level. In 2011, they were ranked #43 on Inc 500 fastest growing company list. Los Angeles Business Journal ranked them as the 3rd fastest growing company in LA.
One of the best things about Swagbucks is their commitment to keeping members in the know. That is a pleasant contrast to many of the shadier survey companies that can take advantage of your information. With Swagbucks, they let you know exactly how it is, no sneaky sidesteps.
Swagbucks has given us enough positive results to be a personal favorite, so I’d consider it one of the best survey sites out there.
MyPoints is another popular survey panel, best known for the opportunity to earn money through shopping or signing up for special offers. They are owned and operated by Prodege LLC, the same company who owns Swagbucks.
MyPoints also has a great opportunity to take surveys for cash (other payout options include gift cards or travel points). I’m confident in recommending MyPoints because of their excellent reputation, legitimacy, and payout rates.
If you’re looking for a trustworthy, reputable way to take surveys for money, I highly recommend adding MyPoints to your list. You can rest assured you’ll get paid for everything you earn.
3. Ipsos iSay
If you want to direct your full attention to surveys rather than other paid offers, Ipsos iSay might be for you. Unlike other survey sites that include different offers such as product trials or downloads, they strictly focus on surveys.
Ipsos is one of the largest online marketing firms to date, and i-Say is one of its sections. Since their entire company is dedicated to market research, their survey requirements are more specific than I’ve seen at other companies, but that translates into fair pay for your time.
4. Harris Poll
Harris Poll has made a strong presence in the market research industry. They operate with a points system, which once accumulated, can be redeemed for rewards. Rewards range from gift cards, e-vouchers, or you can donate your earnings to charity.
Harris Poll make the Top 5 for its outstanding list of memberships in top-notch organizations like the National Council of Public Polls (NCPP) and the Council of American Survey Research Organizations (CASRO). The firm abides by the standards of these organizations, automatically proving how reputable they actually are.
5. Survey Junkie
Survey Junkie’s interface is super smooth and intuitive (unlike the majority of survey company websites that look like they were built in 1997), and members are paid in cash via Paypal.
Oh, and Survey Junkie also has an 8.9/10 rating on TrustPilot — the highest of any online survey company. This is one is the more reputable survey companies out there and I use it often.
6. Survey Voices
This one of the easiest survey site to sign up for. Once you’re in you can take surveys and get paid at Survey Voices. You can really make $300/week completing surveys! All you need to do is instantly qualify, then view exclusive offers in exchange for your opinions and get access to paid surveys, clinical trial opportunities, and part-time work offers.
Who doesn’t want to make $300 a week? Survey Voices is looking for people to tell major brands what you think about their products and services. And they pay well.
Do Paid Surveys Really Work?
There are many pros to taking online surveys. They are easy, accessible, and you can earn rewards in the comfort of your own home.
Survey taking is a process. It takes time to rack up a sizable amount of rewards. If you have the patience for it, online surveys can be a great way to earn some extra cash. It just requires time.
For those that don’t see online surveys as a good fit but like the concept of working from home on your own time, there are a few options to do so.
Now that you’ve read about the ins and outs of taking surveys online, as well as some of the best survey sites out there, you are probably trying to figure out if this is a good opportunity for you or not.
The bottom line is that survey sites work best as a way to make money on the side, emphasis on “the side”. While you won’t be making a years-worth of income, you can still make good money, especially with the “Top 6” that we’ve mentioned above.
Do paid surveys really work? Yes, they do.
Related: Best Money Making Apps for 2017