Posted On: Friday, October 1st, 2010 at 9:51 am
Online paid surveys are probably the easiest and the most time effective way of generating extra money online. This can be a side activity that generates a steady income of more than $200 that will definitely help you and your family in the current poor economic conditions. Joining online survey panels do not require any upfront investment, experience, or long-term commitment. Online paid surveys would be an ideal situation for housewives, unemployed people, part-time workers, college students, retirees, or anyone who can commit at least 40 hours per month. This article describes some tips and strategies for taking online surveys and increasing your potential earnings. Participate In Online Survey
3 Tips for Maximizing your Potential Earnings
Your time is valuable and I would like to maximize your ability and chances to earn extra money by taking online paid surveys. You can follow these tips:
Tip #1 – Join Several Top Survey Panels
My recommendation is to start by joining 5 survey panels with the ultimate goal of joining 15-20 of the top online survey panels listed on free websites reviewing legitimate panels.
A good suggestion is to join 4 survey panels every weekend including filling in your profiles which may take up to 1 hour for each survey panel. There is no need to rush as you can reach the ultimate goal within 2 months without getting bored of filling the same information over and over again.
Upon reaching this ultimate goal, your email account will get a lot of daily surveys from which you can select those of interesting topics, good incentives, or do not consume much time.
Tip #2 – Fill in Your Profiles
This is the key to get future invitations from survey panels as they try to match a specific profile of potential survey takers with the product or service being evaluated or studied. So, take the time and fill in all your profiles for every survey panel.
By filling in your profiles, it is less likely to receive an invitation for a survey that you are not likely to qualify for anyway. No doubt, it would be frustrating to spend up to 5 minutes on a survey only to find out that you do not qualify.
Your profile will generally include information on your employment & workplace, entertainment & leisure, food & beverages, health & wellness, home & family, household technology, internet activities, money & finance, shopping & personal care, sports, travel, vehicles, and video & computer games.
You should update your profile upon purchasing a new vehicle, large appliances (e.g. refrigerator, washer, dryer, etc.), consumer electronics (e.g. HDTV, 3D LED TV, Smartphone, iPad, etc), or video games consoles (e.g. Xbox 360, Wii, PS3, PSP Go, Nintendo DSi XL, etc.). You should also update your profile if you are diagnosed with a new health condition. This will increase your chances to qualify for specific surveys.
Many survey panels will send you an email reminder at the beginning of each year to update your profiles. Participate In Online Survey
Tip #3 – Which Surveys to Take?
I personally do not take online surveys to enter sweepstakes. I believe there is a very little chance of winning sweepstakes. However, few survey takers will definitely win; I hope you are one of them.
If you are taking surveys for Sweepstakes entries, make sure that you reside in a country that permits you to be entered into Sweepstakes and win cash prizes. Check the panel website for more information on this issue.
It seems that the standard of survey taking is to offer $2 incentive for around 20 minutes length. Some survey panels are definitely generous than others. Survey topic is another factor that influence the incentive value.
I do not take online surveys with incentive less than $2 in 20 minutes or $1 in 10 minutes. However, it is up to you to setup the minimum incentive to take a survey.
Surveys invitations often include the approximate survey length and the incentive offered which allows you to make an informed decision on the surveys that you will want to attempt. Participate In Online Survey
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