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How Paid Surveys work.
In the United States alone, companies spend over 250
Billion dollars a year trying to convince consumers
to buy their products and services.
And while the majority of it is spent on
advertising, $766 million dollars is devoted to
"market research".
Understanding how people think and shop, why they
buy certain products, etc. ultimately helps
companies improve their products and services and
make THEM more money.
Knowing this, and that they won't get our help for
free, companies are willing to pay people like you
and me good money - up to $150 an hour! - for our
opinions, because when the dust settles they know
they will come out ahead and generate even more
profits for themselves.
As a matter of fact, there are currently over 7
million companies worldwide that actively survey
consumers to find the best way to promote their
products.
What are surveys?
Surveys are questionnaires designed to inform
companies about what people like you think about
their products and services. They can be done online
or over the phone. The answers from the participants
are then compiled by market researchers and used to
make important decisions about product design and
advertising campaigns.
What are focus groups?
Focus groups are a marketing research technique in
which a group of people (usually about 10) are led
through a discussion of a particular product or
service by a trained moderator. They can be
conducted in person, online, or over the phone.
Focus groups are designed to give a company a better
idea of how consumers perceive a particular product
or service.
On the average, if you just do about 1 survey a day
and a company pays you $20 for each, that is:
Just 1 survey a day @ $20 each = $600 a month.
Just 4 focus groups a month @ $150 each = $600 a
month.
So if you're retired, a stay-at-home mom, student or
anyone else looking to make extra cash completing
paid online surveys are a fantastic way of making
great money. You won't become a millionaire with
surveys, but the opportunity is very exciting --
even for people who already have a full-time job. |