Wednesday, July 30, 2008

Earn Money Taking Online Surveys Paid for Opinions

By Gibson Maseko


With over 500 "paid survey" companies on the Internet, it's clear that this is a business that's here to stay. Some of the sites offer you an opportunity to "get rich quick" while others offer you a chance to earn a few extra dollars in your spare time participating in panels. Can you make a living off of these sites? You sure can - but not by taking surveys. There simply isn't enough time in each day to earn a viable living off of the online survey gig.

The first thing you need to do is purchase a domain name. You will want to get one that is catchy and easy to remember as well as spell. Once our domain name is secured, you'll need to set up a website. It doesn't have to be elaborate at all, but should be attractive to the viewer. And, of course, you'll need to have a host. Most host companies charge about $25 a month. You want to make sure you acquire a host that allows ads. Some hosting sites like Yahoo are very user friendly, but don't allow advertising.

When you build a site to market your survey site, you can add some "testimonials" to your portal site. You have to be careful not to deliberately mislead people; but an ambiguous statement such as "I was working 56 hours a week at a dead end job and now earn over $10,000 a month - Brenda K." are not illegal. Because you're not directly saying that doing surveys is the reason Brenda K. is now earning $10,000 a month. Brenda K. could have won the lottery and is taking her winnings in a monthly payout.

The Good, the Bad and the Really Ugly of online Survey Sites

The bad news about the "good" companies is that the surveys are few and far between, are usually only available by e-mail invitation and take a while to get a check or deposit into your Paypal account. If you've ever participated in a survey at the mall or through a neighborhood research firm, you know that you're lucky to make $100 a year doing this.

The good news about the "good" sites is that they're easy. And that you can make money by referring others to the site. And if you learn the ropes (never, under any circumstances, say that you're interested in learning more about health insurance), you can earn a few bucks. Cashcrate is one of these sites. It's bad because you're constantly being barraged with ads during the course of the survey, but it's good because you can pick the surveys you want to take and they pay cash once you've accumulated $20. You just have to make sure you empty your spam folder every day, delete your cookies each day and sift through a lot of junk e-mail.

The bad news about the "bad" companies is that you have to keep on your toes. You'll often find yourself directed to other websites, they will try to sell you many products that you don't need or want. You have to stay one step ahead of them, or participating in a survey will cost you more than you'll make.

There's nothing good about these really, really ugly sites except that they're easy to spot for anyone with an IQ over 60. Unfortunately, the elderly, the young and the very greedy are their favorite prey. Beware of any online survey site that charges a "fee" to join, or has a bunch of "testimonials" from people claiming to have made $10,000 a month on their site. If it was that easy, no one would work; we'd all stay home and do surveys.

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