Tuesday, March 24, 2009

Why Surveys don't pay off.

Sorry about not being able to post in a very long time.

Making money online is definitely not simple. There are many ways to do so if you’re a computer guru—which leaves not many options for everyday people.

After these few months of research and playing around on the internet, I have come to a few solid conclusions that totally change the way I view the internet.

Until now, I have concentrated primarily on online surveys as a way to generate spending money. This, however, is an extremely inefficient way making money. Those who have tried to go down that road know precisely what I’m talking about. One would be lucky to get five $2 surveys a day. Of those five, one would be lucky to qualify for two surveys. You would spend about 1 hour on the qualifying questions alone. You would waste that hour only to be turned down by three of the surveys, taking another hour to two hours on the two surveys you did qualify for. This would net you, on average, $4 for 2 to 3 hours of work. In other words, you would net $1.34 an hour. Not precisely the most efficient way to make some cash.

This is coming completely from a perspective of making cold hard cash. Most people do surveys to have fun. A lot of surveys are, indeed, quite fun to take part in. However, as a way of generating cash, surveys are unreliable.

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