My Open Book

These are difficult economic times. Unemployment is high, jobs are scarce. Thousands of people are looking for ways to make more money and make ends meet

You can certainly make money on the Internet, but where do you begin? Most ways of making money demand a certain amount of skills and training. There is a learning curve involved, (long study and substantial cash investment

One of the ways to make extra money that requires few skills and little investment is by using free online surveysin order to get paid for online surveys.

Here’s the why and how of this business: Big companies must have feedback from consumers in order to plan new products and improve existing ones. They also need that kind of feedback to measure the effectiveness of their advertising.

Consumer spending makes up 2/3 of the economies of developed countries. Most large companies have little or no direct contact with the people who actually buy their products. Look around you the next time you go to a department store or supermarket. Thousands of products are being sold by middlemen. The actual producers are nowhere to be seen.

Companies contract with market researcher to measure consumer preferences and opinions. The market researchers use online surveys as the fastest, cheapest way to sample opinions.

Surveys are a very big business on the Net. Thousands of surveys are being made each and every week. How in the world can they get people to take all those surveys? Easy! They pay survey participants to fill out those surveys! Surveys pay from $5 to $150 each. Most are in the $10 to $25 range. Not a lot of money per survey, but they don’t take much time and they add up quickly.

How much money can you make? That depends on your diligence and your demographics. Most survey takers report incomes of $200 to $600 a month. Many report $1,000 a month or more. If you want to make extra money, you should seriously consider doing so with paid for surveys.

Payment is by checks in the mail or deposits into your PayPal account. Millions of dollars are going to survey participants every month. Some of that could be coming to you!

– David Fullman

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