If you want to succeed as a survey panelist and maximize your survey earnings then you need to create and follow a plan. Your Survey Earning will depends on many factors, Let’s try to understand and get familiar with most of them.
Factors which are affected Your Survey Earning
Profile of Survey Panelist
The online paid survey process is very easy and simple. To become an online Survey panelist, you just need to register with a survey panel.
After joining, never ignore to update your latest profile detail. Because Keeping your profile up to date is the best way for survey company to be able to find the most relevant surveys for you.
Don’t Do –
But, please be sensible – if you change your profile details too frequently it’ll be seen as dishonest and you won’t be sent new surveys (and no one wants that to happen!).
Demographic Location
Most of the companies use online survey studies as part of their overall market research efforts. In short, every product or service that a company sells has a target location. So, your survey earning will directly affected to your residing demographic location.
Profession
Your profession is a key factor to get paid for your opinion. If you are a Healthcare professional or IT professional, you will earn more for your time and opinion.
Age and Gender of Panelist
Most of paid survey studies are available only for adults but teens also have opportunities to make money to become a survey panelist.
Sometimes if a company belonging to sell of women’s product and service, then company will not like to ask opinion from males. So, many time your gender also act as a barrier to take part in a survey study.
Length of the Survey Study
You received an invitation of survey study from survey company, then you can able to see the length or duration of the estimated time of the survey
Your survey earning
Mostly e-mail invitation will include an estimate of survey length (time duration), also mentioned how much you’ll be compensated for your time (if you qualify).
Factors of Survey Payment
When you will get an invitation for paid survey then payment for this survey will depend on several factors. It will be related to your demographic location, profession, length of the survey, complexity of the survey, frequency of the survey, age, gender and few of other factors.
Monetary Survey rewards can vary from $0.5 to $50. There are few of specific survey panels those are paying $100 or more for per survey study.
Types of Paid Surveys
As we know, there are running several kinds of business for our different-different needs. In same manner, many type of survey panels are available for us.
You can explore and select paid survey panels as per your business specifications, location, age, gender, rewards payment methods, interest or hobby and so on.
Where Consumer Survey Panels are paying approximately $ 0.5 to $10.00 or more per completed survey study, Technology Survey Panel pays anywhere from $5.00 to $30.00 or more for each study to their technical panelists.
Healthcare professionals luckily can earn more in comparison to others survey panelists because Healthcare survey panels are ready to pay $30.00 to $300 or more for per surveys.