Mike Naab says earned $13,000 online last year thanks in part to a browser extension called Turkopticon.
Naab,
who runs the advice site TopMoneyHabits.com, made the extra cash by
using Amazon’s Mechanical Turk. The platform hooks up gig-seekers
without people or companies who need help with small tasks.
Naab says
the browser extension let him review and rank requestors, helping to
weed out the ones who don't pay or habitually reject users after they've
already done the work.
A
good chunk of Naab's income came from taking quick and easy online
surveys. That might sound like the wind-up to a scam pitch, but it’s
really a legit way to make money. Academic researchers, market research
companies and others are always hungry for data about average Americans’
likes, dislikes and habits. While you shouldn’t expect it to be your
main gig, experts say it’s possible to pocket some extra cash if you’re
diligent.
While
Naab stuck to Mechnical Turk, other platforms will also connect you
with online surveyors. Donna Freedman, author of the financial-advice
book, Your Playbook for Tough Times, suggests companies like Harris Polls, ZoomPanel and Pinecone Research for people looking for survey-taking gigs.
That said, there are some rules of the road you’ll need to know.
Don’t give out personal or financial information.
Avoid survey sites that want a lot of personal information, such as
your Social Security number — these are likely to be scams set up to
collect data for identity theft. “Start a new e-mail address just for
the surveys, and never give out bank info,” Freedman advises. Legitimate
survey companies generally pay via PayPal, gift cards or checks.
Don’t pay to play.
Stay away from any unsolicited calls or emails asking you to take part
in surveys — they’re likely to be scams, the pros warn — and don’t
engage with any company that contacts you with the promise of survey
gigs, then wants you to pay them.
Make sure they’re going to pay real money.
Even if it’s only 50 cents a pop, you want to be earning actual money
for your opinions. Some online platforms pay in rewards points or
similar that have to be cashed in for merchandise at (often inflated)
prices.
Know what you're getting into.
Survey-taking experts warn that it's important to know how long of a
time commitment a particular survey will take ahead of time, so you can
decide if the rate is worth your time. "A survey may take five minutes
or it may take a few hours. They will usually tell you how long it is
expected to complete," says Michelle Schroeder-Gardner, who runs the
site MakingSenseofCents.com.
Keep an open mind.
While some survey conductors are looking for a particular geographic or
demographic segment of the population, there’s an almost limitless
demand out there for consumer feedback, Freedman says.
“
There’s a survey for just about everything out there, and some you
might never have considered,” she says. You could find yourself
answering questions for a company doing research on how to package their
new product, or be part of a data set in a university grad student’s
research project.
Expect to do a lot of them.
Experts like Naab warn that it’s unrealistic to expect to make more
than a dollar or so per survey; companies that promise $10 or $20 are
more likely to be scams. Think of yourself like a factory owner; if
you’re making a low-margin product, you need to crank them out at a
rapid rate. Volume can make low-margin production worthwhile; similarly,
earning a few pennies at a crack is only sustainable if you can do
tasks in quantity.
Keep your expectations realistic.
“ You almost certainly won’t earn a living wage doing this,” Freedman
says. But for people with lots of time and little cash to spare,
providing your opinion for a few bucks and free products could be worth
the trade-off. “I was paid to cook a taco dinner, use a new kind of mop,
try a new variety of chocolate-chip cookie, use a new shampoo and join
an online focus group about doughnuts,” she says.
Be flexible.
While you can work from home, doing surveys on your computer, Freedman
said she’s also made money from participating in in-person focus groups.
And be available when they need you; Naab says most Mechanical Turk
survey requests tend to pop up on weekdays during regular business
hours, and (because so many come from universities) at times when the
school year is in session.
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