Tuesday, May 25, 2010

Paying Survey - 4 Methods Companies Use to Pay You For Your Work

Paying surveyWestern Union Money Mindset Index finds consumers paying more bills late.(Briefing Book)(Survey)(Brief article): An article from: Mortgage Banking recipients for their efforts is just one way for companies to gain information about the usage of their products or services. You can benefit from this income source in several ways.

Companies are willing to be paying survey recipients profitably and promptly in order to gain the information that they receive through the use of survey questionnaires. These surveys are used to help define and revise products. They can be used to improve marketing campaigns in order to reach and influence more people. They are even used as direct advertising tools in order to influence recipients of the survey to find and use the product because they are interested and intrigued by the survey questions. If these people are part of a targeted audience, they are invaluable in terms of the information that can be garnered from their survey responses.

They Provide Products to Use and Keep

One type of paying survey provided by businesses is to give you their products to use or to keep permanently. These products may be provided to you either as a test product so that you are better able to provide an opinion about the product, or they may be simply sent to you as a form of payment for your efforts in completing the survey. At times, these products are fairly substantial although this is more likely to be true when you are participating in a more extensive research panel rather that a simple survey.

They Pay Cash

The preferred type of paying surveys arrangement for most workers is to receive cash for the completed surveys. Most cash payments are handled through paper checks, electronic checks or third party payment systems such as PayPal. It often take up to six weeks for money to be received after the survey is completed, which can be a long wait for the first payment, but once there are payments in the pipeline, it will be received regularly. Typically the payments are small amounts, but again, that will depend on how many surveys you do and the price of each one.

They Allow You to Trade Points for Merchandise or Cash

Another way of receiving compensation for paying surveys is to assign point values to the surveys that are completed. These points accumulate at a central location and can be used to 'shop' for such things as merchandise and prepaid debit cards. It takes a while to accrue enough points to purchase the really nice gifts, but when they arrive, it's quality name brand merchandise that you would enjoy owning and using. Of course, debit cards allow you to spend money for payment of bills or purchase of the items of daily living.

They Provide Discounts or Coupons for Products

Finally paying surveys are reimbursed through coupons or discounts on products that you use. Sometimes discount coupons are provided in addition to other forms of payment for the surveys that you complete. These are store coupons or sometimes they can be redeemed through mail in rebates on products so you come out ahead either way when your work of choice is completing opinion surveys. You get paid and you also spend less for the products and services that you would buy anyway.

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