Paid surveys have always been an attractive way for people to make money. The reason for this is not because it is possible to earn a lot, but because this is a very easy way to make money which requires no specific skills and also gives an opportunity to everyone to start and quit at any time.
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In a recent post, we have discussed the best-paid survey companies. Now we will talk about how people can earn much more and six tips you can use to make more money with paid surveys.
How much money do most people earn with surveys?
In 2017, a study by EliteSurveySites found that about 70% of people make less than $100 a month. Based on this information, we can conclude that most people don’t make much money from surveys. It is best seen as extra income only.
This survey also reported the following:
- “Most people consider paid surveys to be extra income.”
- “78.5% of the people reported that they spend less than 10 hours a week on completing surveys”
- “68.5% of the people are registered with fewer than 5 panels”
- “10% of the people reported over $1,000 income a month”
Did you notice that last statistic? It raises a question. How does this 10% of the people make so much money?
How can I earn more money with paid surveys?
Before we move on, I want to warn you that although we will discuss tactics that can make you more money with paid surveys, it is still not recommended to do this full-time. View surveys as a source of extra income. Keep your full-time job and enjoy surveys as a fun way to make cash on the side.
Tip # 1 – Register with many survey panels
You really won’t make a lot with 3-4 panels. All of these panels will actually send you only a few offers per month. By joining more companies, you significantly increase the number of offers you will receive. And that is not all. You will also be able to pick the best fit for you.
You should instead register with at least 10 panels.
By joining many survey sites that pay cash, you increase your chances to receive high-paying offers. These offers are rare. But, by joining many sites, you will increase your chances of getting a high-paying offer and being entered into contests as well.
Tip # 2 – Stick to short or average-length surveys
Typically, long surveys are high-paying, but they are not easy to complete. With short surveys, even if you have been disqualified, you won’t risk a lot and there are also many companies that offer points for disqualification. Also, product testing offers are good, because in many cases you can keep the product after testing it.
Tip # 3- Register with survey panels that offer PayPal payment options
There are survey panels that have minimum required points before you become eligible to get paid. Many also have a point expiration period. This means if you don’t make enough points to become eligible, you risk losing the points you earned. This happens rarely, but what we can conclude is: get paid as soon as possible.
Don’t keep your money in your survey account. It is only safe in your bank account.
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Tip #4 – Register only with panels that are legitimate
Only join panels that have an A+ rating with BBB.
Read some comments online. Make sure that the panel has been reviewed by the top survey blogs by typing: “survey panel name + review”. And of course, don’t pay for registration. Panels that require you to pay to register are a scam.
Tip # 5- Complete your profile survey correctly
The same study noted earlier showed that about 30% of the people make the mistake of completing the profile survey and not updating it and 12% do not enter in the correct information. Note that your profile has to be completed and always up to date.
Companies use many ways to determine if you answer the questions correctly, and if you don't, they will disqualify you and possibly ban your account. Even if you complete the questions correctly, but do not update it, you will lose benefits.
The best practice is to update it every time when there are some changes in your life, at least 3 times a year. That way, you qualify for more offers. One way to do this is to set a recurring reminder every four months on the calendar on your phone. Or, another method that works for you.
Tip # 6- Use survey routers
A survey router uses artificial intelligence to alert you of relevant surveys based on your data. In many cases, survey routers give you a chance for more offers. In addition, people reported that the percentage of disqualification is low. When you log in to your panel, you will find many offers available to you that you can start completing instantly.
How much money is the most I could expect to make?
It depends. But a reasonable answer would be about $300-500 a month.
Note also that there are offers that are considered high-paying. These offers are focus groups and mystery shopping. Applying for these is not easy and not something that will happen every day, but if you have a chance to complete them, you will make much more than through regularly paid surveys.
The best way to find them is to go local. There are many companies that offer a list of them, but if you type your location+ focus groups or your location + mystery shopping, you have a great chance to find something for you. Apply there, complete your details correctly, and wait.
Surveys are a fun way to earn extra cash on the side and should not be viewed as a way to earn a full-time income. While most people earn less than $100, it is possible to earn $300-$500 by implementing some best practices.
You can increase your earnings by registering for at least 10 panels, keeping your profile updated a few times each year, and transferring money into your bank account as often as you can. Have fun taking surveys and earn some cool cash without much effort. What methods have you used to earn more money with paid surveys?
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