Wednesday 15 August 2012

Earning Extra Cash With Paid Online Survey Sites

If you aren’t already aware, paid survey panels can be a great way to earn a little extra cash on the side of your full time income. You shouldn’t expect a full time income from your participation, but if you are looking to add some extra savings for your next vacation or purchase, surveys can be a really great option.
In this post, I want to show you how you can maximize the earning potential from various survey sites.
Here is the step by step process many people use to earn more than average from paid survey panels:

1 – Set Up A Separate Email Account For Paid Survey Participation

The first step is to establish a separate email account for anything related to paid survey. That way, you will be organized and effective when filling out your surveys. I would suggest using Gmail and signing up for an account. You might call it something like johnssurveys12@gmail.com or surveyjessica@gmail.com.
This is going to be helpful for staying organized (more on this later in the post.)

2 – Learn How To Distinguish “Good” Survey Sites From “Bad” Survey Sites

Although paid online surveys are a legitimate business model, there are some sites that are a little sketchy and that you should certainly try to avoid. Here are some tips for identifying these sites:
1. Do your research. There are plenty of reviews online for paid survey sites. Read these reviews and study these rankings. If you see a trend of bad reviews for a particular survey site, it might be your clue to stay away. If you see a trend of great reviews, obviously, you may want to consider that option more closely.
2. Avoid making initial payments. One great tip is to avoid signing up for any survey panels that ask you to provide an upfront payment for being a member. While all of these sites aren’t scams, it is something that I always recommend avoiding. Why? Because you won’t be able to truly get a trial period. If you don’t like the process or decide that it isn’t for you, you will have lost your initial payment. By sticking to free to join sites, you will guarantee a risk free trial.
I would suggest signing up for 3-5 sites minimum to get started, so that you are guaranteed enough surveys to make your time worth it.

Step 3 – Try To Find Sites That Pay Through Paypal

Another good tip is to find survey sites that pay through PayPal. This is not a necessity; it is just something that I personally prefer. Rather than having to wait for a check to be mailed and deposited, receiving payment through PayPal streamlines the process.
Again, this is not a necessity, but you will find that it will make your life a lot easier.

Step 4 – Be Organized and Batch Your Survey Taking Time

Batching refers to grouping your tasks together to increase speed and effectiveness. This is essential if you want to maximize your paid survey earnings.
You should set a specific time of day or day of the week when you are going to do the surveys so that you are “in the zone” and focused. By signing up for multiple sites you will be more likely to have an abundance of offers for survey participation. This means that when you sit down to complete the surveys, you will be more speedy and effective.
Again, you shouldn’t expect a full time income from these surveys. They are not meant to replace your online job. However, if you are between jobs or just want to save some extra cash for a new item or upcoming vacation, they can be a really great option.
You can also feel a sense of worth, as you are contributing to market research and projects by providing you valuable opinion on various aspects of life.
If you have been hesitating to give surveys a try, you should stop the hesitation. Try them risk free and see how much profit you can make.

This was a guest author contribution from Jay at Survey Examiner. Check out the site to view ratings and reviews from the numerous online survey panels. To see a sample of the types of reviews provided, check out this HotSpex survey panel review.

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