You may have come across some sites promoting an income from completing surveys.
You may have received emails from individuals promoting this idea as a way to easy cash.
If you have visited this site you will have gathered that it is aimed at giving sound advice on how to make an income by working from home
The keyword on the site is ‘Income’ and I will show you that you will not make a meaningful income from completing surveys.
At best you could to build some pocket money and maybe no money at all because a lot of companies only reward you in vouchers to be redeemed.
My research found that the maximum someone claimed to have made, in a year, was £1100 but this is extremely rare, so based on this example you would make £21 a week, pocket money.
The two methods of survey
There are two methods of survey that you could get paid for you opinions:
- Online Surveys which are more common and frequent and you would complete these on your PC, tablet or smart phone.
- Focus Groups where you would be interviewed in person or as part of a group and give your opinions. Interviews are also conducted over the telephone and sometimes online.
You will get paid more for taking part in focus groups but the downside is that they are few and far between so not a way to ditch the alarm clock.
Top 5 Paying Surveys
I-Say is said as some to be best but I think it gets this rating because it pays out more regular and has frequent surveys for you to complete.
If you do sign up with this organisation check the time it takes to complete each survey because they differ and range from 5-30 minutes.
They pay between £0.05 and £1.00 per survey, depending on the survey of course, so best to check first. They do not pay out until you have banked £10.00 but they do not pay in cash but pay out with Amazon or John Lewis vouchers.
Swagbucks have regular daily surveys that reward you points which then convert to money to be used in their voucher store. You can convert your points for vouchers from most high street shops and online companies.
A typical survey will get you 70 points which equates to £0.40. The threshold to cash in depends on the type of voucher you want.
GlobalTestMarket is a US company which pays in vouchers or cash through PayPal once you have earned 1000 points.
Be aware of surveys they send that enter you into a prize draw rather than pay you points.
This organisation does pay very well £1.20 per typical survey and the threshold is £30.00. Typical survey time is 20 minutes.
PopulusLive specialises in business, culture and political surveys but it does pay pretty well at £1.00 for every 5 minutes you spend online with them.
On the downside you do not always get invited to a survey and the surveys do fill up quickly so you could often miss out.
You get varying amounts of points for each survey but each point equals £1.00 with a payout threshold of £50.00.
A typical survey takes between 15-20 minutes.
Google Opinion Rewards is for Android users only so ideal for smart phone and tablet users.
You get involved with the surveys by way of an app you have to download.
One plus side to this option is its speed of participation because it only takes seconds to complete a survey.
Earnings are small but they quickly add up because you can do a survey a day.
Rewards range between £0.06 and ££0.60 per survey and come in the way of Google Play store credits that can be redeemed for games, music, books and movies.
A typical survey will take between 15-20 seconds.
These are my top 5 surveys if you have an interest in making some extra money.
Which Focus Group
Saros normally only runs a group twice a year that lasts around 2 hours.
They pay between £30.00 and £100.00 to take part in the group so good money for 2 hours work.
Focus4people run regular groups around the UK and last for an afternoon, some groups take place after normal working hours, and they pay between £30.00 to £150.00 so again good money.
They also sometimes conduct individual interviews online or over the telephone.
Research Opinion run individual and online interviews but not very often but when they do they pay very well between £20.00 and £200.00.
Indefield run short F2F interviews and will pay up to £35.00 for these. They also conduct short survey interviews over the telephone and online and pay £2.00 per survey.
FocusForce run online panels and send out daily email requests for people to sit on panels but it is down to you to keep a watch for the invites.
The reward for being on a panel is not bad at £40 – £50 but will need to invest some time and discipline to get involved.
Things you must do
- Don’t store you cash
- Do set up a dedicated email address
- Don’t expect to be rolling in cash
- Do spend your rewards ASAP
- Don’t tell lies
- Don’t forget to check your emails
- Do keep a log of the work you have done
- Don’t forget the tax man
- Do complain via Facebook and Twitter if you have a problem that is not resolved
- Don’t pay to join a survey or group
- Do refer friends and family because this can get you rewards
- Don’t worry too much about screenouts or servers dropping, there will always be another survey.
Hopefully I have demonstrated that completing online surveys will not give you a living and at best will only provide you with some pocket change.
However some of the organisations pay well for your 20 minutes so if you can spare this time on a regular basis why would you not get paid for it.
Getting paid to complete surveys could pay for Christmas presents so that could be very worthwhile.
There is also no reason why you should not add this small income in with the other income streams you have.
I will leave it with you to decide.
As always I would appreciate any comments or feedback on this article.
Bye from Stewart!