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Tuesday 10 January 2012

Online Surveys - How Much Money You Can Make?

Online paid surveys are a great way to make extra money in your spare time. My wife and I have been taking them for a few years now and have made thousands of dollars between us. How much you actually get paid depends on how diligently you manage your time and find the highest paying offers.
Surveys typically pay between $1 and $75 each, and that amount is basically determined by two factors: time to complete and target demographic.
Time To Complete - If a survey is really short and takes less than 10 minutes to complete, it will likely only pay only a few dollars. This isn't always a bad deal because you can complete several of these surveys in a short amount of time. Typically the surveys will tell you how long they are before you start.
Target Demographic - There are some surveys that are very general, such as a survey about toothpaste. Almost anyone signed up to the survey site is going to be qualified to take a survey about toothpaste, so the companies know it is easy to find participants. Therefore, these broad demographic surveys pay less. On the other hand, there may be a survey about baby diapers, and they only want mothers of infants to participate in the survey. In this case, they will pay more to ensure they have enough participants. If the demographic is extremely targeted, such as a survey for network engineers, then the payout can be very high.
To qualify for the targeted surveys, you take questionnaires about what you do, what you like, what you own, and so forth. These questionnaires are generally optional, but are essential to qualifying for the best surveys. They help you qualify for the highly targeted surveys, which pay the best.
The trick (we have found) is to qualify for a lot of surveys and spend your time doing only the ones that pay the best. My favorite survey site even has a nice way that you can set it to only email about the survey if the payout is over a certain threshold. You then just have to quickly decide which surveys pay the best for the time they take ( a survey that pays $5 but only takes 10 minutes is better than a survey that pays $10 but takes an hour!)
Each day is different, but on average I make about $15 to $20 dollars per hour spent taking surveys. My wife makes a bit more than this (for some reason they tend to target women a bit more than men on surveys.) Depending on your individual demographics, your results may vary.
If you have a few minutes and would like more info (like A LOT more info) about online paid surveys, then I would like to invite you to stop by my website, the Paid Surveys Guide, and I will dump a big truckload of information on you which will help you get started making extra money today. Or maybe you don't want all that info, maybe you just want to know where to sign up to start getting paid for your opinion? Well, skip right to the good stuff, my list of paid survey sites.

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