Paid surveys are offered as a premier way to make money by sharing an opinion. A counter product is known as paid emails. Sometimes the two concepts are combined.
Having completed some of these offers I have followed through to the end of a payment cycle and want to share some of what I’ve learned.
One of the first things you should know about paid emails is in many cases you will not be contacted for a high paying survey unless you fit a very specific profile match. Secondly you should also know that even if you are asked to participate in a survey it may be very likely that you will be kicked out of the survey before you finish. This is almost always related to your answers in the survey. You will receive a friendly notice letting you know it has been determined you no longer fit the profile they were looking for.
Many paid surveys will also not pay participants in cash. They often offer cyber cash used to purchase items in their store. This ensures long term participation if you find something you really want to purchase. The other method is points you can use to enter a cyber raffle for various items or cash payouts. In many cases members will abandon these sites with nothing to show for their effort, but time spent filling out survey forms.
Those sites that do offer cash often include a minimum payout. In other words to take the cash home you need to reach a specific dollar amount in your account before they will consider payment for services rendered.
In one such case this meant 16 months of intermittent work until enough money had been banked to request a check be issued. This is where it can get interesting.
Obviously the paid survey/email sites do not want their members to leave once they request a payday. I found that many of these companies assess a service fee to make a payment. What that means in one case was a threshold of $30 was made, but the company took 10 as a service fee. It can take up to two months to receive the check, but if you don’t keep up with survey or paid email requests the company may see the account as inactive and refuse payment.
In other words you will need to continue as long as two months in order to qualify for the check you are owed for work already performed. To entice further cooperation some provide a bonus in your new bank. By the time two months is up you may have $8 10 in your account and may not want to let it go so you continue with the company knowing it may not be the best use of your time, but you have a reluctance to leave the cash. Sadly that same cycle will likely repeat itself over and over.
You can make a small sum of money from free surveys and emails, but the payout from start to finish can take as long as 18 months (unless you make a purchase of a service or product that offers extra cash).
User beware.
Author Resource:
Scott Lindsay is a web developer and entrepreneur. Make your own website in just 5 minutes with HighPowerSites at: http://www.highpowersites.com or Build A Website at: http://www.buildagreatsite.com . Start your own ebook business with BooksWealth at: http://www.bookswealth.com