How much money can you make with online surveys?
There are many ways to make money online, and taking online surveys is one of the easiest. You can earn up to $500 per week by taking surveys. How much you earn depends on how many survey opportunities you accept, what kind of survey it is, and how long you spend answering questions. For example, if you take four short surveys each day that each takes 5 minutes or less to complete and have an average payout of $5 weekly, you’ll earn about $100! That’s 50% more than minimum wage! If the payouts are higher, for instance, 3 or 4 times higher, that means even more money for your efforts!
If this appeals to you, then here are some tips on how best to get started with this side hustle:
Where to find survey sites?
There are many ways to find online surveys, such as social media and mobile apps. You can also look for them on forums, which are online message boards where people gather to discuss various topics.
How to get started?
To get started, you must sign up for a survey site. It is a free service, and it should take less than five minutes of your time. Once you have signed up, you should complete your profile by answering questions about yourself, including how much money you make, how many hours per week you would like to work, and what your interest is. The more information they have about who you are and what types of surveys work best for your demographic group, the more likely they will be able to match their surveys with something that aligns with one’s interests or lifestyle.
Next, set up a payment method so that once a month or so, when there are enough points in the account for cash rewards, it can automatically be sent to an email address or bank account. Paid survey sites and their market research partners are eager to know your opinion and will reward you with cash for participating in their studies.
Research companies need to know how people think about their products to develop better ones, so they conduct market research studies by conducting surveys with consumers who use their products or services for free. In exchange for providing feedback and insights on what they like about the company’s brand and products or services, participants receive rewards such as cash or gift cards as an incentive for participating in these studies.
To find out the authenticity behind this, I tried five online survey sites to see which ones are legit and aren’t worth your time.
Survey Junkie
Survey Junkie is a free survey site that gives you points for taking surveys that you can redeem for cash. You can also save points for gift cards, donations to charity, or sweepstakes entries. Surveys are short and sweet, so there’s no reason not to sign up!
Branded Surveys
Besides the general surveys and tasks, there are also branded surveys. It means you will be asked about or shown a company’s products. For example, if you’re asked what your favorite soap brand is and how often you use it, this would be considered a branded survey.
Branded surveys are much more targeted than general ones and can also earn you more money per survey. Paid online task sites usually offer an average payout rate of $0.05 to $0.20 per completed survey, while some companies will pay up to $1 per completed survey! For example, NBC Universal rewards its members with points that can be redeemed for cash or gift cards when they conduct their first five qualified surveys on MySurveyPanel.
InboxDollars
One of the most popular sites that pay you to take online surveys is InboxDollars. This site offers a range of different ways to earn money, including:
- Taking surveys
- Watching videos
- Shopping online and redeeming coupons will help you save money on your next purchase
- Playing games and referring friends
Swagbucks
Swagbucks is a rewards site that pays you for online activities you already do. You can earn points for watching videos, playing games, answering polls, and shopping online.
You can redeem your points for cash, gift cards, and more. You can also earn points for referring friends.
Toluna
Toluna is a site that allows you to take surveys and earn points. You can redeem these points for prizes, cash, gift cards, charitable donations, or electronics.
Toluna offers some of the highest-paying surveys online. They pay anywhere from $1 to 6 per survey; most surveys range from 15-30 minutes in length.
You’ll need at least 3000 points before redeeming them for anything other than an entry into a sweepstakes drawing.
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