If you’re looking for an easy way to earn money online, then deciding to take surveys for cash is likely one of the quickest, easiest and most effective options that exists. All you have to do is go online, fill out a survey, and then get paid for your efforts. Seems too good to be true right?
In fact, you might find yourself wondering how this can possibly actually work. In this detailed post, you’ll learn not only how paid surveys generate money, but also how to get started today and how to do it right.
In this complete guide, you’ll learn how surveys work to generate money for the people who take them, and how to get started with the maximum earnings possible.
How Does it All Work?
You might now be wondering how filling out a survey can possibly make you money. It seems almost too good to be true, and you know what they say about things that seem too good to be true!
In fact, this might be enough to leave you worrying that there is some foul play here. Is this a legal way of making money even?
The good news is that it is completely legal and it is completely legitimate and effective.
As for how it works, the idea is simple: companies want people to fill out forms and surveys for them in order to collect as much information as they can on the marketplace. This is called market research and you’re more than likely already familiar with it!
The reason that market research is so important for companies, is that it provides them with a way to know what their audience wants. For instance, if they can learn that people are looking to buy a certain type of product and not another type, then they know where to invest their money. Likewise, if they can find out what people are currently buying, then they know who their biggest competition is and who they should be looking to emulate/supplant.
In other words then, good market research pays for itself. If a product has been properly researched, then the company in question knows that it will be able to make more money from that product. The same goes for any kind of marketing campaign. This is why companies are willing to spend money on surveys!
And if the concept still seems foreign to you, then consider the ads that sometimes show up on YouTube. If you watch a lot of online videos, then chances are that you will have at times come across questionnaires at the start of those videos. The advertisers paid to place those surveys there – and therefore they are essentially doing the exact same thing as paying for a survey.
So when you go online and take a paid survey, this is literally all you are doing: providing the company with a little information about you and about the kinds of things that you are interested in/likely to buy/likely to be put off of buying. That information is then fed back into the machine and the company is able to create a more targeted and well-advertised product. Because companies want as many people to contribute this information as possible, they are therefore willing to incentivize their surveys a little by offering cash.
And that is how paid surveys work.
Where Paid Survey Sites Come In
The problem with all this though is that most of us won’t have any idea how to get started. Where do you find these surveys? How do you deal with the company in order to get the funds transferred? What is the best way to maximize your profit?
If you were to look for these surveys yourself, you’d spend a huge amount of time looking for every survey and then transferring funds etc. The small amount of money you’d get paid per survey would hardly be worth it!
And that is where survey sites come in. These websites act like go-betweens or brokers. Their job is to collect lots of useful surveys in a single place where you can fill them all out. You simply have to go online, find the surveys you’re interested in, and then fill them out one after the other. This way, you can start making the maximum money in the minimum time.
This also streamlines the process of getting paid etc. The survey site will normally have some kind of online account, and this will then allow you to store your funds conveniently until you have amassed enough in order to be able to withdraw them. Some sites will also add extra incentives – allowing you to get special deals on products for instance if you use the money you’ve saved up in your account.
And of course, the survey website itself will take a small cut of these profits in order to earn their own living. The company gets the information it’s looking for, you get paid, and everyone is happy!
All this does mean that there is benefit to ‘shopping around’ and making sure that you find the very best survey site. Some of these sites will take bigger cuts than others for instance. Some will force you to cross a larger threshold of earnings before you get your money. Others might not have the best reputation. Others still might offer better or worse deals as compared with the competition.
Take Surveys for Cash With The Best Paid Survey Sites
With all that in mind then, what are the best sites when you want to take surveys for cash?
Here are a few to consider:
Gold Opinions is one of the best known survey sites on the web. Not only that, but it is also one that comes right out the gate with a very bold claim as to how it can help you to earn! Specifically, the company claims that by using the site, you’ll be able to earn up to $1,000 from home per week, simply by sharing your opinion. If you’re someone who finds it hard not to share their opinion, then this might just sound like the perfect job for yourself!
The site breaks this down further by saying that you can earn $40 as a daily income, which ultimately could equate to $4,100 a month or $53,300 per year!
First up, let’s say that you’re probably not going to see these kinds of numbers if we’re being absolutely honest and brutal about it. Unfortunately, while it’s true that some surveys will pay as much as $5 for a 10 minute Q&A, the reality is that most will pay far less and take a bit longer.
There’s also a monthly fee to be taken into account here, which is $27 per month (the first month is just $1).
With all this in mind, you might now be worried. But don’t let this put you off – none of it is to say that this isn’t a great site and a good way to earn some money. All you have to keep in mind is that online surveys are generally best as a way to earn a little side money rather than a full time income. Maybe up to $500 a month. Nothing to sniff at! Just don’t expect to walk out of your current job.
And if you are looking for a little side income, this is one of the better sites out there. Not only does it have a very well-designed interface, but it also offers a great amount of surveys – including the ‘premium surveys’ that you wouldn’t easily find elsewhere. The fee will pay for itself and because there is a first month free, there’s no reason not to try it out and see if you like it.
Overall then, this is one of the best survey sites. But for more information, check our full review.
Right away, upon loading up TakeSurveysForCash, you will likely be impressed. This is a very well-designed survey site. It looks and feels professional, it’s easy to navigate, and it’s generally a top tier survey site in all regards.
What we also appreciate here is that you have everything explained to you in a very easy-to-follow manner by an explainer video. This is a small thing, but it actually makes a very big difference.
Once you’re in, you’ll be presented with one of the biggest databases of surveys no the web. This is a really great aspect of the service and it’s ultimately the most important thing to look for when joining any paid survey site.
Like other sites, TakeSurveysForCash makes some bold claims about how much you can expect to earn. It claims this is a ‘work from home job’ but the reality is that very few people will be able to give up their 9-5 on this salary alone. Instead, think of this as a great way to make a side income. And in that case, you’ll be earning a similar amount of money to Gold Opinions – a few hundred dollars a month. The other good news here is that you can also earn other things, such as Amazon gift vouchers!
The price of entry is a little higher here ($34 per month). But look out for offers and deals – it will often go as low as $19. Check out our full review for more.
More Ways to Earn Money Online
If you really want to make a living online, the best way to do it is to combine surveys with other methods of earning.
There are countless ways you can earn a living online or just bring in some extra cash to supplement your income – from creating an online business, to becoming a writer. However, while these are all good strategies, they do also unfortunately require quite the investment of time and money. In other words, if you want need money now then it’s just not going to cut it and you’re going to need to look at something a bit more immediate.
So, while running a website or a blog could be considered an online ‘career’ of sorts, what we’re looking for here is online jobs that can quickly earn you a bit of dosh. Let’s look at some of the things you can do to get money from the web without needing a five-year plan.
Combine these gigs and take surveys for cash, and you really might be able to earn enough income to sustain your lifestyle.
Writing reviews is one easy way to make a little bit of cash from sites similar to the survey sites. This isn’t quite ‘immediate’ however it is something that doesn’t require any particular skill and that can get you earning very quickly. You won’t earn a huge amount of money from this (we’re talking cents per review to begin with), but if you enjoy it, and if you keep plugging away, it can become more profitable.
Become a Tester
Some large companies will allow you to test their products and will either pay you as a reward or let you keep the products. If you keep the product then you can of course always sell it after you’re finished testing it, and while this won’t make you rich it’s a fun way to make some money quite quickly. It’s competitive though, so you should apply for as many products as possible to be in with a good change.
Become a Mystery Shopper
This is another fun way to make money online that won’t require you to build a successful website or learn a range of new skills. Basically, as a mystery shopper your job will be to go into shops, buy a product, and then rate the performance of the sales team and customer service. Again this is quite productive, and while it’s not really earning money ‘online’ using the web is your best chance of finding these kinds of jobs quickly.
Sell Something on eBay
Selling something on eBay is an ‘old fashioned’ way to make money online but of course it works and means you can have the money in your account in a couple of days. Do a clear out of any old things you don’t need and you can earn quite a bit of money. The number one way to quickly and reliably make money online if you need a quick ‘bit of cash’ is probably to just sell something you own. This isn’t particularly glamorous or particularly exciting, but that’s exactly why it works.
The easiest way to go about doing this is to head over to somewhere like Amazon or eBay, and then to list your items there. Old technology, old clothes, DVDs, computer games, ornaments… all of it can sell and if you’re willing to put some time in creating a listing and delivering lots of packages then this can be highly profitable.
Another option is to use Etsy, or to sell things you’ve made such as paintings or jewelry on eBay which is a great way to turn a tidy profit and to turn a hobby into a way of making money! If you’re really ambitious, then you can trounce around car boot sales and charity shops to find things to sell on for a profit.
At the same time there are also many other ways to sell items online. One of the easiest is to find a broker of some sort whether that’s a company that will help you sell your car, or whether it’s somewhere that buys old jewellery or old CDs. These sites can quickly give you a set amount of cash with no fuss and that saves the time and uncertainty involved with selling yourself directly.
There are many more options out there too – from selling ‘gigs’ on Fiverr, to even commentating on sports games as people watch them online!