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

Well, here's exactly how it actually works. 1000s of large companies have no direct contact with their ultimate customers, people that buy and use their products. Companies such as Dow Chemical, Union Carbide, Dupont and 3M make thousands of products that will be sold through wholesale suppliers and independent stores, like supermarkets. To plan new products, improve the products they have and evaluate the effectiveness of their advertising they have to have opinions from consumers.

So they hire professionals to do market research for them, to gauge public opinions about their products. The market researchers send out survey questionnaires to find answers to the questions their large company clients are asking. This is a huge business on the internet with thousands of surveys being made every single week. The world wide web is the fastest, most cost effective strategy to access many thousands of consumers and get answers quickly.

So how do they get people to go to the trouble to complete the questionnaires and answer the questions? Easy. This is paid market research, they are making legitimate paid surveys and they've got a financial budget to carry it out. So they really allocate funds to pay survey participants for their participation. That is why those who participate get paid to do surveys!

It does not pay very much per survey. A small survey (5-10 minutes to fill out) could pay $10. A lengthier survey (15-20 minutes) would typically pay $25. Not much, however it adds up. Take a $10 survey and a $25 survey every day and you would make over $1,000 per 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 several good survey makers like Greenfield Online. There are over 700 survey makers in the U.S., over 3,000 worldwide. No more than 20% offer legitimate paid surveys that actually pay and pay on time. 40% are really sales companies that you'd like to protect yourself from.

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

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