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© Copyright by The Survey Connection, 2003. All Rights Reserved.
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Market Research is a HUGE Global Business - with companies spending BILLIONS
of dollars on market research and advertising every year and growing. With increasing numbers of large companies around the world turning to this type of product research, the demand for consumer opinion in the form of surveys, focus groups, and product trials is growing by leaps and bounds. Market Research companies are EAGER for your opinion and will pay you handsomely for it.
Regardless of your geographical location, whether you are male, female,
employed full-time, a home-maker, student, retired … there are high-paying survey opportunities available for all. Just think about it - Aren't we ALL consumers of various types of products and services? The ONLY restriction that applies is that you must be over the age of 18.
No special equipment or software is necessary - just a computer with an Internet
connection and access to email. How easy is that! Work when YOU want, around YOUR schedule, from the comfort of home. Earn some extra money to make the payment on that New Car you've been wanting, or create a monthly income of $3000 or MORE - it's totally up to you! And the time could NOT be Better to get started!
Read on to find useful tips and advice to help you get started and be as successful
as possible with paid online surveys. It's all based on MY personal experience and research of over 400 companies and growing. |
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The Mechanics of How it all Works
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When I talk about registering with a company, I am referring to a Market
Research company. Market research companies are specialists in conducting studies and surveys and are hired by large corporations to research consumer opinion on their products and services. There are thousands of these companies and it will take some searching and surfing to find them.
Paid Survey Databases save you time AND headache by compiling a list of literally
100s of pre-screened and qualified Market Research companies For you in one spot - making it so much easier and convenient to get registered with as many of these companies as possible and start earning INCOME as quickly as possible! |
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The Process
Market research companies collect personal profile data from people like you and
me and then try to match with the profile required for a particular study, for example women over 40 that use a particular dieting product. When a request is received for a study, and you match the profile, then you are invited to take the survey.
Very often when selecting people for a survey, the first stage is a screening
questionnaire which ensures you fit the bill. So please be honest with your profile, you will be found out and may be excluded from future invitations.
After registering with a market research company, and entering your profile data
you will either be given a user name and password that you need to use on the survey website to check for invitations to take part in surveys, or you will be emailed with invitations. |
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Payment/Rewards
There are a number of ways in which your participation will be rewarded. Each
market research company is slightly different, but typically offer a mixture of the following:
..• Cash Money - either by check sent by Postal mail, or Instant deposit to Paypal
..• Entry into sweepstake for cash and other prizes
..• Points which can be turned into cash or products and services
..• Vouchers (e.g. Amazon and phone cards).
The website of the market research company will provide more details, and when
you are sent an invitation to participate the amount of payment and/or reward will be stated.
The reward value also varies - based upon the duration and type of survey. Focus
groups pay more than online surveys - the more time spent equals a greater reward. Cash rewards for surveys range from about $5 up to as high as $99, and rewards for focus groups range from about $25 up to as much as $250. Sweepstake entries can go as high as $10,000!
What I would point out is that one market research company may invite you to
participate in (from my experience) 1-2 surveys per month. So it doesn't take "Einstein" to see that if you want a large monthly paycheck, you need to register with lots of companies. I personally have registered with over 350 companies and receive more offers than I have time for. I have an Internet business as well, so I fit in about 1-2 hours each day for surveys and just choose to participate in the highest paying opportunities, or those that I find most interesting and fun. |
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How much can YOU earn each month?
You are not going to become a millionaire overnight! But there is very good
money to be made. This opportunity represents steady, regular income that is influenced by:
..• How much time you are willing to set aside to complete surveys and participate
....in focus groups,
..• How many market research companies you are registered with,
..• Your personal profile (surveys are directed at people who are likely to have an
....opinion about a product or service),
..• How lucky you are with sweepstakes.
I know friends and website visitors who earn $1000s each month - creating a full-
time income. Yet others (like myself) supplement their household income ($300- $1000/mo) by spending a couple of hours per week completing surveys. It's totally up to you. |
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Where do I find these Market Research Companies?
Two ways - you can either do some surfing and searching to try and find them
individually, or you can subscribe to an Internet Survey Database. These services provide an extensive (up to 300) list of screened and qualified market research companies (over 300) currently seeking active participation. The lists they maintain are updated with new market research companies as they come online.
My website - Survey Connection - monitors Internet Survey Databases and
compares the most popular sites side by side - Saving even more time by doing the research for you! |
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Create a Question and Answer Sheet
As I started the registration process I found that (not surprisingly) the same
questions came up time and time again. In fact I lost count of the number of times I've been asked what my Internet connection speed is and such things. To save time, I eventually created a question sheet with answers to the popular questions that I could easily refer to. My advice to you is to create a similar question and answer sheet before you start registering, that covers the following questions:
.....• Household annual income
.....• Bank accounts
.....• Credit cards
.....• Store cards
.....• Operating system (e.g. Windows ME)
.....• Internet connection speed (e.g. broadband or dial-up 56kbps)
.....• Internet service provider
.....• Time spent online per week
.....• Search engines used
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Setup a New Email Address
Most market research companies contact you via email. I would strongly advise
you to setup a separate email address specifically to receive notification of surveys. This keeps it separate from your personal mail, but more importantly helps you become disciplined at checking for new surveys because they won't be mixed in with other stuff. |
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Timetable
Decide in advance what time you are going to set aside, and produce a timetable
for completing the registration process. It can take anywhere from 5 minutes to 30 minutes to complete the registration process for 1 company. So if you set aside 2 hours a day, I would expect that you could register with 60-80 market research companies in a week. Keep a detailed record of whom you have registered with so you don't waste time repeating yourself.
Finally, don't let yourself become distracted from continuing to register with new
market research companies as you start to receive surveys. You may not have yet found all the market research companies that are perfect for you, so keep going! And the more companies you are registered for, the more offers will roll in and the more money you can make. |
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Prepare a Registration Log
Each market research company will work in a slightly different way. Some will
create a user name and password for you; others will allow you to specify one. Some will issue your details during registration; others will email you with the details. In some cases you will need to reply to an email from the market research company before your account is activated and you start receiving surveys.
My advice to you is that you need to keep a log of the process you follow, noting
down pertinent information like user names and password, and most importantly how you will be notified of invitations to take part in surveys. |
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Plan to Register with as Many Companies as Possible
If your aim is to generate the highest return possible in cash and rewards then
cast a very wide net to start. After you have registered with at least 200 companies, you can then begin to focus in on those market research companies that suit you the best. |
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There are two useful tools that you can create for yourself and described in the
"preparation and registration section:
..• A questions and answers sheet for most of the information
..• Registration log
The other most useful tool that I have found is software called Roboform. Its a
great form filling tool which integrates into your browser and automates a lot of the form filling by auto completing most of the details you need to enter online - name, address … It even remembers all the user names and passwords that you end up creating! I can personally testify to how useful it is. Best of all its available for free download. |
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Make a Timetable
And stick to it. Market research companies work in different ways. Using the log
created during the registration process you will be able to create a timetable for logging into your accounts to check for availability of surveys, e.g. Monday check companies A, B & C, Tuesday check companies D, E & F etc.
Try to make sure you login at least once a week to those companies that don't
notify you by email to make sure you don't miss out - remember all opportunities have an expire date!
This also goes for email, market research companies tend to send out more
invitations to take part in surveys than they actually need. This is because they expect a certain percentage of invitees not to respond. When the company has received enough responses then the survey will close and they won't accept any more. So check your email regularly. |
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Pick and Choose for a Good Balance
As surveys and invitations to focus groups start to roll in with regularity, you will
begin to have the luxury of choosing those companies that best suit your individual circumstances. For example you may prefer the reward schemes that offer more sweepstake opportunities, or perhaps those that offer regular, consistent cash rewards.
Over time select the set of companies that enable you to balance your personal
time with time spent on surveys and focus groups, while maintaining and growing a healthy cash flow. |
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It's Fun - So Remember to Have Fun!
You are providing a very valuable service that will shape products and services in
the future. You should be proud of what you are doing but don't forget to have some fun at the same time! |
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:: SUCCESS TIPS AND ADVICE ::
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Database
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Product Research
Companies
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Number
of Surveys
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Monthly
Income
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Yearly
Income
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free to join
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1-time fee
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10-15 PRC's
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100's of PRC's
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15 survey/mo (max)
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150 survey/mo (min)
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$300/mo
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$3000/mo
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$3,600
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$36,000
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Perhaps you are wondering "Why pay to gain access to a Survey database?".
Good question - Easy answer! Free to join databases rarely have more than 10- 20 Product Research companies and they will most often get a "cut" of your earnings - they have to make their money some way. Databases that charge a one-time fee for access have literally HUNDREDS of Product Research Companies and you keep everything you earn - no more fees! See an example below of earning Potential with Free Paid Survey Databases VS Paid Survey Databases with 1-time access fee. |
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Although this is just an estimate, and a conservative one at that, it's easy to see
that you can earn TEN TIMES the money taking surveys from home with access to the larger databases. |
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It's YOUR Internet-PROFIT From It!
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