How to Make Money From Paid Market Research

by Contributor; Updated September 26, 2017
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Paid market research studies include paid focus groups, telephone surveys, taking samples, paid reviews, paid online surveys and much more. Paid market research is one of the easiest ways to get paid for your opinion and make quick money online. In some cases, paid market research could even become a decent side income. Some people claim to earn up to $100 per hour. Making a full-time living from paid research is unlikely, but many legitimate options do exist if you would like to earn easy cash online in your spare time.

Step 1

Target the type of paid market research you would like to do, from surveys to mystery shopping to focus groups. Taking online surveys on a legitimate website is one of the easiest and fastest ways to make money online. Some sites claim to pay up to $100 or more to complete a survey but most pay only 50 cents to $10 per survey. It is important to choose a site with great care.

Step 2

Search the classifieds in your local newspaper for paid market research options, including paid focus groups. The latter will meet either locally or online. Sometimes these have higher payouts than regular paid online surveys. Regardless, be cautious and find out about each company before spending any time opining.

Step 3

Search online for options. For market research surveys, anyone age 18 or older can participate. If you look online long enough, you may find a high-paying focus group or other paid market research companies with nice incentives.

Step 4

Diversify your options to maximize your online earnings. Try and use more than one, whether paid online surveys or paid focus groups; thus, you can see which ones make the most money. Be persistent if you want to make decent money with paid research. The more times you take paid online surveys or participate in paid focus groups, the more invitations you will receive from these companies.

Tips

  • Search craigslist because you can often find paid focus groups and other paid market research opportunities.

    If you are a frequent survey participant, consider using free software to automatically fill out surveys so you can make money faster.

Warnings

  • Beware of scams and paid research slogans with much hype.

    Investigate each company before enrolling.

    Never pay to take paid online surveys because there are hundreds of free paid surveys online.

About the Author

This article was created by a professional writer and edited by experienced copy editors, both qualified members of the Demand Media Studios community. All articles go through an editorial process that includes subject matter guidelines, plagiarism review, fact-checking, and other steps in an effort to provide reliable information.

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