Why do paid survey companies exist to begin with? Reasonable question, though most people really don’t care to know and are simply interested in making money from them.
So if you are wondering why doesn’t everyone know about this way to make money online, or how I ever came to know about what I consider one of the quickest ways to make easy extra money online, read on and find out.
I was working on a project for one of my clients, a multi-national marketing conglomerate. As I learned their business I came to find out that they were utilizing direct contact with consumers like you and I to gather fresh and relevant market data. That is why this company was (is) one of the best in the marketing industry. Since then many have caught on and followed the same approach.
Instead of spending millions on advertising on TV and radio, they used the money to pay people like you and I for our valuable first-hand opinions about their products and services. This is very smart. There is nothing better than first-hand experience and feedback from the consumer itself.
Fortune 500 companies hire these paid survey companies to go out and conduct market research. To give the best service to their clients (who are the large companies), the paid survey companies pay individuals like us for our feedback. The feedback is used by large companies to introduce new products and services in the marketplace. Sometimes it is used simply to make an improvement to an existing product.
The equation is really simple for these companies. Find out what the consumer wants and then provide it. Everyone wins. They do, we do and the paid survey companies do. That my friend is the reason why paid survey companies exist in a nutshell.
There is a lot more to it, but this summary is enough to get the point across. If you want to read about paid survey companies more and how they work, visit the Easy Extra Money Online Homepage. Make sure you have 15 minutes to spare. It’s a rather lengthy read but really puts things into perspective.
So after having figured out what this company was doing, I tried paid surveys for myself after my project had ended and was pleasantly surprised to see how quick and easy it was to make extra money from this activity.
I told a few close friends about it and as they started making money from the activity, I was rewarded with a pleasant surprise – a larger paycheck from the survey company. This is precisely why I started the Easy Extra Money niche website. I figured there must be so many others looking for just an extra $50, $75 or $100 each month to fill in the gaps.
Over the months that I referred folks to the program, and the more money they made, the more my checks grew as well. The paid surveys companies rewarded me for spreading the word in addition to the money I was already making. You can see some of the payments they have sent me in the Proof section of this blog.
Why would paid survey companies pay someone to spread the word anyway? There is a very big reason for this. Because of the DO NOT CALL Registry and the strict solicitation laws such as the CAN SPAM laws, companies are no longer allowed to directly reach out to consumers without permission and solicit feedback. That is why they use us to spread the word. Thank GOD to these laws, the average individual like us is now in a position to take advantage and make some money from it.
For me it was all about validation. Once comfortable with what they are, how they work and the upside to them, I began recruiting affiliates heavily. With a website, sound search engine optimization and marketing initiatives, my website now runs on autopilot and recruits new survey takers each day.
Taking a simple concept and turning it into a solid income stream by establishing a niche content website has been a personal success story I am very proud of. I’d love to discuss this further and dissect the various components of the process in detail.
Is this something that you are interested in reading more about?
Here is my list of the top 10 paid survey companies.Previous: Should You Incorporate Your Business? Your Website or Blog?
I love paid surveys! I do something similar for Nielson ratings. A while ago they sent me an envelope with $1 and a survey about what I watched on TV. Cool, took less than a minute to do. At the end, I checked the box that I would do more surveys! Now, about once every two months, I get a longer survey, about what I watch all week and when, and they pay me $30 each time! Score!
Seems like you have struck it with the right one Robert. There are all kinds of companies that pay for all kinds of things, one just has to find their preference/comfort zone and go with it. Congrats.