When we mention "paid market research", just what does that mean?

Well, here's the way it really works. 1000s of big companies haven't any direct contact with their ultimate clients, those that buy and use their products. Companies like Dow Chemical, Union Carbide, Dupont and 3M make 1000s of products that are sold through wholesalers and independent stores, like supermarkets. To plan new services, improve the products they already have and assess the effectiveness of their advertising they have to have feedback from consumers.

So they hire professionals to do market research on their behalf, to evaluate public opinions about their products. The market researchers send out survey questionnaires for getting answers for the questions their large company clients are asking. This is a sizeable business on the net with 1000s of surveys being made each and every week. The Internet is the quickest, cheapest method to access thousands of consumers and have answers in short order.

So how can they get people to go to the trouble to fill out the questionnaires and answer the questions? Easy. This is paid market research, they're making legitimate paid surveys and they've a budget to carry it out. So they really allocate funds to cover survey participants for their participation. Which is why people who participate get paid to do surveys!

It does not pay all that much per survey. A small survey (5-10 minutes to complete) might pay $10. A longer survey (15-20 minutes) would typically pay $25. Not much, however it accumulates. Take a $10 survey and also a $25 survey daily and you would make over $1,000 per month!

Just one survey maker, Greenfield Online, paid out over $4 million to survey participants this past year! The secret to making money with paid market research surveys is always to get your name and demographic info on the lists of several good survey makers like Greenfield Online. There are actually over 700 survey makers in the U.S., around 3,000 globally. No more than 20% offer legitimate paid surveys that really pay and pay promptly. 40% are really sales companies that you want to avoid.

The simplest way to acquire a good listing of good survey makers it to join a paid survey membership site that maintains such lists for its members. For further details and current lists of the best membership sites, just click here for more info about paid market research.

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