Paid online surveys are big business on the Internet. Thousands of surveys are being made and many thousands of participants are receiving payments every month. But is taking paid surveys a good way to make money or not? There are many conflicting stories. Good information on paid online surveys seems to be hard to get.
One of the things that make it difficult to get good information on paid online surveys is the way survey makers go about recruiting and compensating survey participants.
The money to pay for surveys comes from the marketing research budgets of the big companies that want information. Survey makers are contracted, design surveys to get this info. Then these surveys are offered out to the list of participants in the survey makers database.
Some of the money for the survey goes to recruit and compensate these participants. The survey makers keep the rest. It's how they handle the split up of the funds that makes the problem.
Some survey makers use a good chunk of the budget to pay the participants rapidly and well. These have happy survey takers and tend to keep the same people on their lists. These spend very little on advertising or recruiting; they make no 'noise' in the marketplace. They don't need to. Volunteers come to them.
Others try to get by with minimum payment to participants, to keep the money for themselves. They pay with drawings, a chance to win $1,000, say. It's like a lottery. Some win and their winnings are highly publicized. There are various tricks and stratagems used. Result? Most participants get little or nothing.
Their participants tend to get discouraged and quit. Survey makers then have to spend money on recruiting. For this reason they make the most "noise" in the marketplace.
Ever notice the ads for the "free" paid survey sites? There are even Google ads advertising free paid survey sites. Now, Google ads cost money. How can the free sites pay for advertising?
They can pay for advertising because low pay/no pay survey makers pay them more for recruiting new survey takers. Recruiting fees can run from a normal $0.50 to $1.00 a head, all the way up to $5.00 or more per head recruited!
The "free" sites are making the money, recruiting unknowing newbies. They get paid to send them to sign up with low pay/no pay survey makers! The "free" sites are making money, but the people they recruit won't!
From the point of view of potential survey participants, the high pay survey makers are the best and the low pay/no pay ones are the worst. But the latter advertise and recruit and the former don't, so many fall into the trap. Is it any wonder then, that there are many ex-survey takers with negative experiences?
To get good information on paid online surveys, talk with people who are actually making money taking surveys. Or start with a paid survey site that has a low refund rate. You can also get good information on paid online surveys by following the links below.
For more information on paid online surveys, visit: information on paid online surveys To learn more about refund rates and comparing paid survey sites to pick the best one, visit: Current Rankings
Jorge Chavez is an experienced paid internet survey expert at: http://surveysentinel.ya23.com
Article Source: http://EzineArticles.com/?expert=Jorge_Chavez
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