How Does it Work?
Companies spend millions each year on market research and they are willing to pay for customer opinions. People from all walks of life can participate. Some surveys are specially targeted towards the elderly and others towards the needs of children. Age does not need to be a barrier.
Completing surveys will enable you to supplement your income by earning extra cash working from home. They are generally filled in online, which means you can usually work when it is convenient to do so, therefore fitting the work around a busy family lifestyle. No special experience is required and there are no initial fees to pay.
A survey can be on any subject. You may initially be asked a few screening questions to make sure the survey is suitable for you and then you could be completing a questionnaire on anything, from car manufacturers to your shopping habits for crisps and savoury snacks.
How Do They Pay?
Different companies pay their participants in different ways. Some pay cash, some pay in points which can be exchanged for vouchers and others pay in prizes or in entries to prize draws. Many companies will only pay out when your earnings reach a certain level (typically around Â£10 or Â£25 depending on the company) whilst some wait until the end of the following month.
It is unlikely you will be able to earn a substantial amount of money by registering with only one company. In order to make a decent income from survey completion, you really need to register with a range of companies.
Surveys can vary in the length of time it takes to complete them. Some are short, lasting only a few minutes, whilst others can take up to 30-40 minutes to complete. You can expect to receive around 50p to Â£1.00 for a survey of average length. A longer survey could earn slightly more than this.
How Are They Completed?
Many surveys ask an initial range of questions to determine your age, gender, size of family and number of children/people in your household. They may also ask what you do for a living and your household income. The majority of surveys will allow you to decline to answer questions you are not comfortable with.
The actual completion of the survey is easy. Most require you to click a radio button to confirm your preferred answer, pick a number on a sliding scale, or provide a short answer, whereas others may require you to watch an advertisement and give your opinions, or even place you in a virtual supermarket aisle and ask you to complete your shopping. The range is endless.
What Are The Negatives?
If you have time on your hands and want to earn a few pounds without leaving the house, there are not really any negatives. Sometimes, surveys can be repetitive or even boring, but most ask your opinion of the survey at the end so you can tell the company exactly what you thought of your experience.
Earnings potential is quite limited with surveys. Whilst some companies pay a decent return for your time, when you calculate how long it takes to complete several surveys, you could find you are working for far less than the minimum wage.