First of all, what is an online survey?
An online survey is a platform wherein different large companies and organizations attempt to collect information about the market and the average customer by creating surveys that are to be answered by the public. From the answers, they are able to discern the direction of the economy and make adjustments to their strategies accordingly.
Surveys can have a wide variety of topics, and you can pick and choose which you would like to answer. Of course, certain demographics will only be locked to certain surveys, though generally, most have access to any type.
Now, we see how the companies will benefit from these online surveys, though what’s in it for those who actually answer them? Can you really make survey money? Is it actually worth taking the time to answer surveys?
The answer is both yes and no. Depending on where you go and what you answer, you do have the potential to make real survey money, or you might just waste your time.
Here are a couple of tips to avoid the latter:
1.Do your research beforehand
It might be a little bit contradicting to have to spend time on something that is advertised as a quick way to make easy money. However, just like with anything else concerning money in real life, you have to be extra careful. Try to do your research and check which websites are legitimate and which are fraud. Read up on long, detailed reviews, as well as short reviews from different people.
Most of the time, a simple Google search will give you ample information about a certain website that you typed in a search bar, though do try to scroll down and see if anything negative has been said about it.
2.If you think a website looks suspicious, don’t try your luck
You can make real survey money with the right websites. However, you can just as easily lose money with the wrong websites.
There are some sites that will ask you for payment information, as well as personal details. Some may request access to your bank accounts or PayPal accounts. Realize beforehand the repercussions of giving such access and information and how much it can harm you.
3.Read the fine print
This is a step that is often skipped by most people, regardless of what it is about. Make sure you know the details of the survey and website you are taking beforehand. See how long the turnaround time is for payment so you have a basis of when you will get your money and if the effort will be worth it. See if you will be paid in your own local currency. Check if you are guaranteed to be paid no matter which survey you choose to complete, and what demographic you are.
4.If it looks too good to be true, it probably is
This saying should be a lot more popular, seeing as how much it rings true. If you are told that you will be paid a radical amount of survey money for answering a couple of questions, the chances are that you are going to be scammed out of your time and effort.
Have realistic expectations when it comes to how much you will earn. Even if you are paid in small amounts, it is still considered easy money simply because you can answer it no matter where you are, and it will only take you a couple of minutes. You are basically being paid to answer questions. Do not expect to make hundreds of dollars in the first ten minutes of answering surveys.
5.Do not pay much upfront, and make sure that you will be paid in real currency
Some websites will ask you to pay much fee in order to begin surveys. This is already a red flag, and should be grounds for you conduct re-investigation. Check their website, their terms and conditions, check reviews and try to get into contact with them if possible if you really want to go through with it despite the sign-up fee.
Finally, make sure that you will be paid in genuine, real life currency. Your subsequent survey money should be cash that you can withdraw after an amount of time. Too often, people ignore this and end up with thousands of survey “points” that end up being nothing but an empty, virtual number.
Online surveys can be a great way to make extra money online, especially when you spend a lot of time at home and you have a lot of free time on your hands. It has the potential to be a decent second source of income.
However, like all things in life, do be careful when it comes to what websites you will be visiting and what information you will be giving. Survey money is best when it is legitimate.