One of my friend asked me about online surveys websites and whether they were a good way to make money online.
And well, that is a loaded question, because there’s basically two ways to look at making money using online surveys.
1) Part-time Income
The first way to view it is to think of it as a way of earning extra income as opposed to working your way up to a full-time income.
If you’re just looking for a little bit of fun with the added bonus of making money on the side, then online survey websites could be a good way to do this.
Keep in mind though, that you will be spending a lot of time completing mundane tasks and not getting paid much for your time.
For example, on average each task is worth roughly $0.02 per task and is most cases allow between 15 to 30 seconds to complete per task.
Therefore on average you will be earn anywhere between $0.04 to $0.10 per minute which then equates between $2.4 and $6 per hour.
Now you do have the ability to earn more with larger tasks such as completing online surveys, but they can be few and far between, because you have to qualify for each survey.
Obviously, companies are only interested in surveying a segment of their target market, which means that if you don’t fall into that demographic then you probably won’t get qualify.
You could do online surveys full-time if you had enough spare time on your hands and were willing to sign up to as many online survey companies as possible.
However, you my still not get enough online surveys to complete no matter how many survey companies you join.
My advice would be to stay away from this companies as much as possible.
Here’s what other people have to say about online survey companies.