August 11, 2011

How Paid Surveys work

Did you know that the United States companies spend over 250 Billion dollars a year on marketing their products and services? and it gets better, they spend about $766 million dollars on market research.

SO you can see here is an opportunity to tap this money that is spent on understanding how people think, shop, why they buy certain products and services. This information is useful to many companies in improving their products and services and for future development.

because our companies want this information, they can only get it from people like us who are ready to give our opinions by taking paid up surveys. Do you know that you can make upto $150 an hour!

Statistics show that there are over 7 million companies all over the world that actively survey consumers to find the best way to promote their products.

The following are important words used in this type of online money making

Surveys: Surveys are questionnaires designed to inform companies about what people like you think about their products and services. They can be done online or over the phone. The answers from the participants are then compiled by market researchers and used to make important decisions about product design and advertising campaigns.

Focus groups: Focus groups are a marketing research technique in which a group of people, about 10, are led through a discussion of a particular product or service by a trained moderator. They can be conducted in person, online, or over the phone. Focus groups are designed to give a company a better idea of how consumers perceive a particular product or service.

If you do about 1 survey a day and a company pays you $20 for each, that is:

1 survey a day @ $20 each = $600 a month.

4 focus groups a month @ $150 each = $600 a month.

So if you just lost your job or retired, a stay-at-home mom, student or anyone else looking to make extra cash completing paid online surveys are a good way of making great money. You won't become a millionaire with surveys, but the opportunity is very exciting even for people who already have a full-time job.

Dont you think now your are ready to Make Money Taking Surveys

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