Do You Really Believe That Someone Is Actually Going To Give You Money To Take An OnlineSurvey?
Sure, it may sound completely insane and farfetched if you believe that someone would be willing to actually pay you cold, hard cash to take asurvey. After all, why would someone want to give you money just give them your opinion.
Sure, it may strike you as being a little hard to swallow, that just answering a few simple everyday questions could earn you money, but the truth is – it isn’t.
Understandably, if you’re hearing about paid surveys for the first time, you’d probably brush it off as some dumb scam, and I can’t blame you as most people do.
As we just said, it really does sound unreasonable, but, as you’re about to find out – the fact of the matter is that paid surveys are not only reasonable but they’re a win-win situation.
Let’s put ourselves in the shoes of a big company.
Let’s say the company wants to come out with a new line of products to cater to the young adults market (i.e. people between the ages of 21 to 25).
The best are backed up by some large, responsible entity other than the paid survey company itself. Such as the 60-day guarantee offered by ClickBank on anything sold through its vendors. The ClickBank guarantee is made stronger by their actually handling the money and by their holding back a reserve from cash flow-through to vendors for 60 days to cover possible refund requests.
The problem with guarantees is that they only get back your original $35 to $50 signup fee. It’s better than nothing, but think of the opportunity loss! You put up the money in hopes of making $500 – $1,000 a month. Instead you find that you have wasted your time and energy and missed that opportunity to makemoney.
The best indicator of all is the refund rate on signups for the Paid Survey Company’s services. The refund rate is a measure of the company’s failure rate. That percentage of its signups were a total washout. It’s an indicator that, like the unemployment rate, will never be at zero. There will always be the few who changed their minds, or were expecting riches without personal effort. But anything over 2.5% to 4.5% (1 in 40 to 1 in 22) should be a red flag. The actual level of dissatisfaction is probably closer to two to three times the refund rate. This is because many will just walk away without going to the trouble and hassle of demanding a refund. After all, it is very small in relation to the income expectations.