I still don't have a car. I don't own a home quite yet, although I'm closer than ever before. I'm also curious as to how the business of online money-making has evolved since I was a broke college student.
With that in mind, I recently decided to dedicate one whole week to trying to make a boatload of money via online survey-taking. Here's how it went — and what you need to know if you'd like to do the same. When it comes to taking online surveys, the most important thing you need is an email address you frequently check.
The companies that fund these surveys are usually looking for a limited number of participants, so if you don't check your email all that often, you'll probably miss out on tons of money-making opportunities.
After you select which email you'll use or set up a new one just for survey-taking , you move on to the next step: signing up for the websites of your choosing. FYI, these types of questions also appear in many of the surveys you'll take. Not everyone is comfortable with sharing all of this information, so in most cases, you're given the option to not share certain information.
Just be aware that the less you share, the fewer surveys you'll be matched to. My first stop was Swagbucks , a site I used during my first foray into survey-taking.
As I remembered it, Swagbucks did offer paid surveys, but it was primarily focused on rewarding users randomly for searches completed using its search engine. Swagbucks has changed quite a bit over the past 10 years, with many more money-making options added: Besides taking surveys and running searches, users can now earn cash by watching videos, playing games, and more. I simply stuck to the survey-taking, but those other opportunities are available if you're interested.
Once I got my account set up and verified it via email, I was given approximately 40 surveys to choose from.
If you spend time online and enjoy giving your opinion, paid surveys are a great side hustle to earn a little extra cash while helping these companies. There's no need to share your credit card information to start taking surveys. Online survey companies need survey takers, consumers like you, to complete questionnaires and give their honest feedback to market research companies.
Your opinions help companies and brands create better, new products and services. In exchange for completing paid surveys, you can earn rewards. The best survey sites will offer a variety of ways to cash out your rewards. Legitimate companies definitely with legitimate surveys offer you a way to make money online. Market research companies and ad agencies will need participants to give their honest feedback in surveys.
They may need anywhere from a few hundred to several thousand participants for each survey project they are working on. This can mean completing an online survey from 5 minutes to 60 minutes in length, focus groups, or product testing in your own home. But it can be hard work to round up the right number of participants and the right kind of participants for every market research project, especially when they have me working on hundreds or thousands of them every single year.
They serve as the middlemen, so to speak, being a survey club that can connect their rewards members with these big market research companies. This gives you the chance to earn a little extra money online when you have spare time. Beware of scam survey sites. Doing a Google search for best paid survey sites can return some sketchy results from professional scammers.
You can stay clear of survey scams though by avoiding these red flags:. With over 20 million active members, Swagbucks is one of the best paid survey sites for survey takers to make money for giving their opinion online. Swagbucks provides access to tens of thousands of paid survey-taking opportunities with new surveys added every day.
With every online survey, you are affecting key decisions from major companies and organizations. More survey opportunities mean more chances to make your opinion count - and more earning potential for you! There is no cap on the payout threshold. There are lots of different kinds of paid survey sites. Examples include Advertising effectiveness surveys, Brand recognition surveys, Product appeal surveys, Surveys about services. The volume of available surveys will depend on the type of focus groups market research companies would like to research for.
There are opportunities to get your hands on free product for product testing and review. Branded surveys are surveys you complete where you are asked to provide your feedback about specific brands like Yahoo, Android, Target, Chrysler, or Nike. You can earn a little extra cash or other perks just for sharing your honest feedback.
How much do you trust or distrust this brand? Have you purchased this brand before, or would you do so in the future? Do you see these brands' ads when you play games or stream TV shows? Table of Contents hide. Best Sites to Take Paid Surveys. When to Avoid a Survey Site. Tips for Earning the Most Money. Rating Methodology. Additional Details. Show less. Sign up for Branded Surveys ». Sign up for Swagbucks ».
Sign up for LifePoints ». Sign up for InboxDollars ». Sign up for Opinion Outpost ». Sign up for Pinecone Research ». Sign up for American Consumer Opinion ». Sign up for Survey Junkie ». Sign up for Ipsos i-Say ».
Sign up for Panda Research ». Sign up for Toluna ». Sign up for Survey Club ». Sign up for MyPoints ». Sign up for PrizeRebel ». Sign up for KashKick ». Sign up for Valued Opinions ». Sign up for One Opinion ». Can you really make money with online surveys? Yes, you can earn money taking surveys because brands are willing to pay to get a glimpse into the minds of their average consumers.
Companies can improve their products, services, and marketing strategies using the answers that surveys provide. How much can you earn taking online surveys? There are many factors that affect your earnings when taking online surveys, like how many you complete, how consistent you are, and your demographic information.
If you spend your time wisely, you can potentially earn an extra couple of hundred dollars per year. What online surveys pay the most? The amount a survey pays directly relates to the amount of time it takes to complete and the demographics the survey targets. Longer surveys tend to pay more, and you can steadily accumulate your earnings as long as you stay consistent. Companies like LifePoints and Pinecone Research claim to offer some of the highest-paying surveys on a variety of topics.
Which paid survey sites are legitimate? Legitimate survey sites are free to join, well-established, and hold a high rating with sites like Trustpilot and the Better Business Bureau. Are paid surveys worth the time? Only you can decide whether you could be doing something more profitable with your spare time. The two big ones are the number of panels you join and the amount of time you spend taking surveys, but there are several other elements that can affect the money you make.
But the truth is that everyone is going to have a different experience depending on the panels they participate in, how much time they put in, and even their demographics. And your earnings will most likely be very different from someone else who takes surveys, even if they use the same panels as you do. Some people spend a lot of time taking surveys, almost like a part-time job.
Others only spend a few minutes a month taking them. The answer here is that, yes, surveys can be worth your time if you know enough about them to make them worth your while. Unfortunately, that answer may not be the same for everyone. Join Pinecone Research Now! There have been plenty of debates about the ideal number of survey panels to join.
However, the answer is always different. I have a list of the best five to start with, but I know some people who only stick with one or two. A lot of survey takers think that somewhere between 15 and 20 is just right. Others prefer to sign up for even more panels. In fact, you could end up with a loaded email inbox that becomes so overwhelming that you stop responding to your invites at all. I still recommend starting with the top 5 panels and adding more as you see fit. Most surveys log your IP address, so they can cut down on fraud and prevent people from taking the same survey more than once for more rewards.
See how they work for you before you start joining every site you find.
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