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Friday, March 02, 2007

Are Paid Online Surveys A Scam?

Out of all the many ways to make money online, taking paid online surveys are probably the easiest. There are literally hundreds of companies and agencies out there willing to pay top dollar to hear what you think. The challenge however is that a lot of ‘companies’ are exploiting this market and cashing in on these surveys.

If you are in the process of looking for some legitimate ways of making money online, then taking surveys and research studies might be the answer for you. Are paid online surveys a scam? The answer is both yes and no. Some definitely are, while others are genuine and a lot of people are making a decent amount of extra income every month by merely sharing their opinion with those dying to know what real people want and think.

The business world has become hugely competitive and with the Asian market penetrating virtually every aspect of business the need for product certainty is once again shifted to the very top of the agenda. No company can afford to develop a product that will fail. No company can afford to launch a marketing campaign that does not return the investment.

The easiest way for companies to gain this product certainty is to launch a survey campaign. This allows them to find out what their potential consumers will make of their products or services even before they make the huge investment of developing or marketing the specific product or service. Some companies are merely trying to improve the bottom line of an existing product and to do this they need to hear from the people using it – or not using it and why not. The importance of these surveys are on the increase as consumers are becoming more sophisticated as more options are presented to them daily. The days of total product domination are over and companies are feeling the pressure.

The big companies will rarely run surveys themselves. They usually pay a third party to compile the survey on their behalf and to sometimes even analyze the data for them. This is where YOU come in. Most of these companies focus their efforts online as it’s the quickest, easiest and cheapest way to reach a large amount of their target audience. Regardless of your age, sex or background, there are thousands of surveys available for you to take – and best of all these companies are willing to reward you handsomely for your time and opinion.

If you are yourself asking ‘are paid online surveys a scam?’ then you are further than 75% of those who never make any significant money from surveys. You have to do your due diligence. Most of the so-called ‘free’ survey sites out there are nothing but companies that trade with your personal information and they will simply collect your profile to sell on to other companies. Personal data has become big business – especially online. Conversely the ‘free’ sites that do offer you legitimate surveys take their cut at some point anyway.

Registering with a reputable paid survey service will proof to be a decent investment and most of the time you will recoup your investment after the first survey or two. These paid for survey sites are usually well established and host the highest paying (and most prominent) surveys.

Make sure that you don’t just blindly join a paid-for survey site. Make sure they have contact detail on their site and that they’ve been in business for at least 18 months. Don’t be mislead by promises of making $7000/month as this probably won’t happen - and be wary of over inflated testimonials. Paid-for sites can be a good investment, providing you follow these simple guidelines.

So, are paid online surveys a scam? Definitely not, but they can be and there are a lot of them out there. Just be vigilant and follow logic and good old common sense and you will be fine. Taking paid surveys online can just provide you with that extra income that you really need to stop the financial leaks in your monthly budget!

Article: Sincere-Advice.com
If you found this info useful, please visit http://www.sincere-advice.com/online_surveys.html for more info on the most reliable online survey sites that can help you getting started ‘scam free’.



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