Surveys - Make Money Online

Making Money Online in 2020: Surveys

Taking online surveys may be one of the easiest ways to make money. After signing up with a survey company, filling out a profile, and sharing your opinion about various advertisements and products, you can expect have some survey opportunities open up to you. Many people wonder how much money they can make and how much time they'll have to spend on surveys. This isn't a full-time job, but you can earn some extra cash in your spare time. People who take surveys might also receive free products.

Why Companies Want Surveys Completed

At first glance, it might seem crazy for companies to pay consumers to take surveys. Actually, most companies need customer feedback. If a company isn't large enough to have an internal department to handle consumer surveys, the company will hire a survey company to handle the task. Consumer feedback gives companies information they need to tweak products and ads before public release. The information gained via surveys is what companies need to make these adjustments.

How Surveys Work

Survey-taking involves the following steps:

  1. Sign up with a survey company by providing your contact information.
  2. Complete a profile with the survey company. Make your profile specific according to your demographic details so the surveys you receive are targeted for you.
  3. Receive notifications from the survey company about surveys that you are eligible to complete. Some surveys may involve answering pre-survey questions to ensure that you're a good fit.
  4. Answer the survey questions, which are usually multiple choice. The survey questions will continue as long as you continue to fit the desired demographic.
  5. Complete the survey, and you'll see a message that details the rewards you've earned. Some survey companies give survey-takers points that accrue towards a payout. Other survey companies issue an immediate cash payout with every survey completed.

Earning Potential from Surveys

Surveys won't make you rich, but it's possible to earn extra spending money if you take time to complete surveys regularly. Surveys pay out anywhere between $1.00 and $20.00, but most are on the lower end of that scale. Some survey companies don't pay out in cash. Instead, these companies send out free products for testing. You can keep the products you test. Other types of survey companies enter survey-takers into sweepstakes drawings. The more surveys you take, the better your odds for winning. It may also be possible to earn cash or prizes for referring others to a survey company.

Avoiding Bad Survey Companies

While many survey companies are legitimate, there are some that misuse information provided by survey-takers. These companies might sell information contained in profiles instead of keeping this information private. Look through company policies carefully before you provide your personal information. If you can't find a privacy policy or if the company states that it has the right to share your information, don't use the company. Never agree to pay a survey company to receive survey opportunities.

Top Survey Companies

Exploring survey companies is a worthwhile pursuit. Different companies may be better or worse for different consumers, depending on demographics. It's often advantageous to sign up for several survey companies to expand the number of surveys you can take. The following companies may be possibilities for you.

  • SwagBucks - Earn cash back rewards or choose gift cards for various online activities. You earn rewards for watching videos, completing surveys, online shopping, playing games, and voting in polls.
  • MyPoints - This company offers payouts for taking surveys, playing video games, reading emails, and watching videos.
  • LightSpeed Research - Earn points for surveys, which you can cash out as gift certificates, music downloads, cash, and more.
  • 20/20 Research - If you receive approval for surveys with this company, you might receive large cash payouts of $100.00 or gift cards.
  • PineCone Research - Earn $3.00 per completed survey, but this company does not always accept new members.
  • Valued Opinions - Earn between $1.00 and $5.00 per survey, or you can earn rewards to use at various retailers.

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