A common question that you’ll hear from newbie survey takers: is this worth my time and effort?
Unfortunately, there is no single answer to this question.
The answer ultimately depends on you, the survey taker.
Each survey respondent has a unique situation which affects how well paid survey opportunities will play out for you.
To help you determine the answer to this, here are some things worth considering. These situations are what will make paid surveys worth your time and effort.
# 1 – If you’re able to maximize your time
At this age, you’ve probably already realized that it’s not just about the money, but about time as well.
Money does make the world go round, and by that, we mean that it’s what pays the bills and what buys you the things you need including food on your table.
But time is just as important. More often than not, it’s even more important because it’s something you can’t earn back, unlike money. Once lost, there’s no way you can turn back the hands of time.
This is why, sacrificing time just to make money is never a good idea.
It is always important to achieve balance between the two.
With paid surveys, you need to see if this work will give you this balance.
Ask yourself the following questions:
- How many hours do I have to spend in a day to earn from paid surveys?
- How much will I earn from answering online surveys?
- Will the money I earn be worth the time I will spend?
- Will it leave with more time to do other important things?
- Are there ways to maximize my time so I can earn more and spend fewer hours working?
Answering all these questions will help you determine if you will be able to maximize the time that you have for this type of online work.
So imagine that in a day, you’re spending five to seven hours completing surveys and keeping online profiles updated and so on. But at the end of the week, you’re only able to cash out $20 from your survey panel account. Obviously, this won’t make it worth your time and effort.
But if you’re only spending 15 to 20 minutes a day, and you earn about $10 to $15 a week, then it’s not so bad, right? You get to spend your free 20 minutes wisely because you’re using it to earn extra cash.
# 2 – If you’re able to choose the right companies to work with
Another thing to remember is that paid surveys would only be worth your while if you’re able to choose the right companies to work with.
As you probably already know, there are plenty survey sites that you should not waste your time with.
These are the survey companies that are not legitimate, will not pay you, will sell your personal information to third parties, and will not respond to your questions or problems.
If you end up with these companies, all your hard work will be futile. Paid surveys would only end up as a waste of time and effort.
So how do you choose the right company to work with? There are several ways.
One is to learn how to spot a fake survey site.
A fake survey site does not have a professionally designed website, working contact information and customer support. It’s also not accredited with the Better Business Bureau.
Another way is to read online reviews.
Go to survey review websites such as the Survey Police, and read real reviews from real survey respondents who have tried using the company that you’re planning to join.
These reviews will not only let you know which companies are legit and which ones are not, but will also pinpoint the exact problem with the survey panel.
For example, one survey panel may be legitimate but it takes two to three months to release payments, or that it imposes an extremely high payment threshold. Or one survey panel does send quick payments, but will shut down your account for no apparent reason.
All these you can learn about when you read online reviews.
Finally, you need to know about how the company exactly works.
The right company is one of the things that will make your survey taking journey worthwhile.
# 3 – If you’re able to explore various earning opportunities
One thing that you have to know about survey companies is that they usually offer more than one earning opportunity.
Don’t make the mistake of thinking that online surveys is the only money making method that they offer.
There are also other consumer research methods that you can participate in to increase your earnings.
- Focus group discussions
- Mystery shopping
- Product testing
In the first one, you will be invited to participate in online or offline discussions about a certain topic or product. For each session that you get to be a part of, you can earn $30 to $100. This takes about one to two hours to complete.
When you work as a mystery shopper, you’ll get paid $10 to $25 per assignment, posing as a customer in a store or restaurant to give feedback about the business’s customer service and product quality.
With product testing, the company will invite you to test products in their facility, or send the products to your home so you can provide feedback about them.
The more earning opportunities you’re able to explore, the better. This would mean more earnings for you and better use of your valuable time.
# 4 – If you’re able to answer surveys quickly
Another thing you can do to make paid surveys worth your time and effort is to answer as many surveys as you possibly can.
The more surveys you answer in a day, the more money you will earn.
Now for you to be able to do this, you need to complete surveys faster.
You can do this by improving your typing skills using typing games and tutorials.
Another way is to install an auto form filler that will automatically fill out online registration forms so you don’t have to type in basic details such as your name, age, gender and so on repeatedly.
It also helps to train your eye to read survey questions quickly. Just make sure that you read and understand the questions carefully so you can provide high quality answers.
But just be careful about being labeled as a “speeder”.
A speeder is someone who completes a survey quickly by answering survey questions randomly. For example, if a survey is estimated to be finished within 15 minutes, a speeder will complete this in one to two minutes. This is hardly possible if you will read the questions and answer them carefully.
Survey companies frown upon this practice so you have to be careful not to be labeled as one. You need to answer surveys quickly but never compromise the quality of your answers.
# 5 – If you’re able to find joy and fulfillment in answering surveys
Of course, this is important as well. What paid surveys make you feel definitely counts for something.
As with any other thing in this world, if you don’t like what you’re doing then it’s not worth your time. If you’re not able to find satisfaction answering paid surveys, then it would be better to go and find another money making method that won’t feel like a chore to do.
It’s a good thing to remember that with paid surveys, you can help influence the consumer market and help create better products and services for yourself and for your fellow consumers. This can be a great source of motivation and inspiration for you.
Also, you’d want to keep in mind that this is one of the simplest ways to make money online. Most other methods would either require you to shell out money or have specialized training or knowledge in a specific field. But with this one, you can get started anytime as long as you are a consumer of products and services.
You are the only one who can answer whether paid
surveys are right for you or not. Consider all these things so you know if this
is something that you would want to get into or not.