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Monday, June 18, 2018

What is Paid Market Research Surveys and Where to Join Free Legitimate Panels: Top 10 List

What is Paid Market Research Surveys and Where to Join Free Legitimate Panels: Top 10 List   via  www.productreviewmom.com

Market Research Panels, better known as paid surveys seems to get a bad rap due to scammers claiming you can make thousands of dollars a month as a survey taker.  This is not true.  However, yes, you can make a decent amount of money being a survey taker, more like making extra money for bills here and there.  Plus, it's all about how much time and effort you put into filling out survey questionnaires.

What is Paid Market Research Surveys Anyway?

For years, leading brands pay Market Research Panels/Firms millions of dollars yearly to help them find consumers like you to evaluate and give feedback about upcoming products or services in the works.  In return, the Market Research Firm pay participating consumers a percentage of the money they received from these top brands for recruitment of consumers joining in these research studies.   These research studies are usually in the form of question type surveys that range from 5 to 20 minutes on average.  The longer the survey, the more money is paid out to the survey participant.

What Type of Paid Surveys Are There?

There are several kinds of recruitment surveys that participants can join, like standard questionnaire online surveys, product testing surveys that you test a physical product that's not yet on the market, mail-in surveys, webcam surveys, telephone surveys with a live person, chatroom-style surveys with other participants online, in-home survey where a person visits your home and conduct a study with you, and focus group in a round-table setting at an office with others for a more in-depth interview about products or services.  However, the most popular one is paid online surveys because you can complete paid studies in the comfort of your own home, at your own time.

Who Can Join Paid Surveys?

Anyone can join, and for free too!  Paid surveys are always open to join, never requesting your credit card information.  However, it depends on your demographic on how successful you'll be at being a paid survey panelist.  From what I've seen, people who are the primary household shopper in their 20s to 40s fair well.  But, don't let that discourage you, you never know what the market research panels need, all studies are different, and brands need opinions from a variety of different people.   For example, let say a brand has a new baby lotion coming out and would like the advice of moms with infants, the Market Research Panel will then recruit mothers with babies to join the study.  Since my daughters aren't babies anymore, I would disqualify from studies like these.  However, if a brand is looking for consumers who buy beauty products, I more than likely would be invited to join the survey since I'm like a beauty junky!  😂

How Much Does Paid Surveys Pay?

How much you get paid completing paid surveys depends on the length of the study, if you have to test out a product, or if the investigation will take several weeks for completion.  I have been paid anywhere from $1 to $350.  Before you complete a survey, it'll tell you how much you'll make.  Also, the more studies you join and complete, the more money you make.  That's why I recommend joining several paid survey panels to maximize how much you make.

There are so many Market Research Panels online you can join and get paid for completing surveys.  I have been a survey tester for over nine years now, so I gathered up a list of real Market Research Panels for those that are interested in joining wanting to make money answering surveys.

My Top 10 Favorite Paid Survey Websites:

1. Opinion Outpost

2. OneOpinion

3. TellWut

4. MySoapBox

5. Epoll

6. National Consumer Panel

7. YouGov

8. Pinecone Research

9. Harris Poll

10. Toluna

For more Market Research Panels to join, check out my other blog www.earningfreemoney.com.  And, if you're looking for more ways to earn some extra cash, check out my Make Extra Money tab here on the blog.

Have you ever joined a Market Research Panel?

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  1. Anonymous6:56 AM

    Study Opinions control and help online surveys.

  2. Anonymous11:13 AM

    Several Vocal Views focus groups focus on consumer products.

  3. Anonymous12:22 PM

    Usually paid in Cash, PayPal or bank cheque.