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Whenever we talk about "paid market research", what exactly does that mean?

Well, here's the way it actually works. 1000s of huge companies don't have any direct contact with their ultimate consumers, people that buy and use their products. Companies like Dow Chemical, Union Carbide, Dupont and 3M generate 1000s of products that will be sold through wholesale suppliers and independent chain stores, like supermarkets. To plan new products, improve the products they have and measure the effectiveness of their advertising they have to have feed-back from consumers.

So they hire professionals to do market research on their behalf, to measure public opinions about their products. The market researchers send out survey questionnaires to get answers for the questions their large company clients are asking. This is a very large business on the net with 1000s of surveys being made every single week. The world wide web is the most effective, most cost effective way to access many thousands of consumers to get answers in short order.

So how do they get people to take the time to fill in the questionnaires and answer the questions? Easy. It's paid market research, they are making legitimate paid surveys and they have got a budget to carry it out. So they allocate funds to pay for survey participants for their participation. That's why those that participate get paid to do surveys!

It does not pay so much per survey. A small survey (5-10 minutes to complete) might pay $10. A lengthier survey (15-20 minutes) would typically pay $25. Not much, but it accumulates. Take a $10 survey along with a $25 survey each day and you would make over $1,000 in a month!

Only one survey maker, Greenfield Online, paid out over $4 million to survey participants last year! The secret to making cash with paid market research surveys will be to get your name and demographic info on the lists of numerous good survey makers like Greenfield Online. There are actually over 700 survey makers in the U.S., more than 3,000 worldwide. Only about 20% offer legitimate paid surveys that actually pay and pay promptly. 40% are really sales companies that you'd like to avoid.

The simplest way to acquire a good list of good survey makers it to join a paid survey membership site that keeps such lists for its members. To get more details and current lists of the best membership sites, just click here for more info concerning paid market research.