Paid Online Survey Secrets - Start Right And Make Good Money

Why do some people make good money with paid online surveys and others fail? What are the secrets that the successful ones know and follow while the failures do not? This article analyzes the successes and the failures and reveals the secret differences.

Can you make money with paid online surveys?  Sure you can!  More and more, market researchers are turning to paid online surveys to get the information they need for their companies or clients.  Lower costs and fast turnaround times make this an increasingly popular way to measure consumer preferences.

There are hundreds of companies out there making paid online surveys.  There are thousands of paid online surveys being made every month.  Many thousands of people are getting paid good money for filling out these paid online surveys every month.

Why do some people fail in this easy Internet business activity?  Generally because they did not know what they were doing and/or were poorly advised.  Most failures fall into one of three categories: Poor choice of where to start, poor choice of guide company or failure to follow through and do their part.

Problem 1: Poor choice of where to start -- They answered an ad and jumped in, not realizing that they were dealing with a sales company trying to look like a paid online survey company, but just wanted to sell them things. Or they tried to go the "free" route and got tangled up with marginal, unscrupulous companies.  Their contact info got sold to others, the company took kickbacks from survey makers to send them gullible survey takers and finally they got "paid" with lottery tickets, or didn't get paid at all.

Solution 1:  Deal only with reputable paid guide companies.  You want to be paying your guide company, so it looks out for your interests.  A "free" guide is being paid by someone else to guide you into places to which you would rather not go!

Problem 2: Poor choice of guide company -- They picked a small, relatively unknown paid online survey guide company that did a poor job of taking care of them. Or they picked one that made fantastic claims and offers, took everyone's money, did little or nothing and then, whan the complaints started to come in, just disappeared!

Solution 2:  Pick a reputable paid online survey guide company that is sizeable, growing, has a strong 60-90 day money-back guarantee, backed up by an outside financial company or bank, and has a low refund rate.  A low refund rate (3-6%) means that there is high client satisfaction.  A high refund rate (over 10%) means that many of their clients are dissatisfied and demand their money back.  Beware of companies with unknown refund rates. If their refund rates were good they would likely be bragging about it. No info is a very bad sign.

Moreover, a good guarantee puts immediate pressure on the paid online survey guide company to perform and keep their clients happy during the crucial start-up time, the first couple of months.  So it pushes the guide company to keep its clients happy at least until the guarantee period is over, and this lowers refund rates.

Problem 3: Failure to follow through and do their part --  Many people dawdle about in sending out their applications to take surveys.  "Oh, it's too much work!", "It's boring", etc.  So the survey makers don't know that they are there, consequently they cannot send out surveys.  And the prospective survey taker gives up because, "There's no money in it!"!!

Solution 3:  When you first start out in the field of paid online surveys you have to do some work.  You must use the list provided by your guide company to apply to all, or as many as you possibly can, of the survey makers listed there. 

Invitations to take good paid online surveys will not just magically appear in your inbox!  You have to get the word out, get your applications in, make your demographic information known, to the people in charge of making those surveys.

Use the old "hurry up and wait" formula. Hurry to get your applications in, then wait until your name comes up and you start receiving paid online survey invitations by email.  

There is very good money to be made in taking paid online surveys.  The secret to success with paid online surveys can be found in being aware of the above problems and using the above solutions to avoid letting these potential problems bog you down!

An earlier version of this information, in an article named, "Paid Online Survey Secrets Revealed - Start Right And Make Good Money" is a published article written by Jorge Chavez. To open a new page to view the article at ezinearticles.com, Click Here.