First of all, let us see why do we get paid for taking online surveys? Paid survey companies do conduct researches in the field of marketing on behalf of their clients for analyzing consumers attitude and interest towards a particular product or service. The online surveys help in acquiring the valuable feedback from consumers and offer them cash and prizes in return to their time spent on taking surveys and giving out opinions. There are even companies which offer you sample products and pay to conduct evaluation of certain products.
After understanding the concept of why do they pay the consumers, we can now discuss about how much money can a person make out of taking online paid surveys?
The earning potential of a person who is taking online paid surveys depends on how frequently he gets surveys, type of surveys and the time spent on completing them. All these facts depend on the companys needs. Normally, it takes anywhere between 10 minutes to one hour to complete an online survey which purely depends on number of questions to be answered.
The compensation for a paid survey ranges from $1 to $50 or more for each and ever survey being completed. ...