Today’s post is a guest post by Sophie Lizard, who’s here to tell us about a novel way to make some extra cash . . .
Everybody’s got one. I’m sure you have. And it’s more valuable than you might think.
We’re talking about your opinion, folks, which is worth some serious money to companies and organisations who want to understand how they’re coming across to, you know, real people.
People like me and you, who make shopping choices based on a whole range of criteria, from our own skintness, to the sparkliness of the item beckoning through the shop window.
How to Make Real Money from Market Research
So here’s the thing: you’ve probably seen those online questionnaires where you can earn 50p a go and eventually (one day, someday, maybe…) it’ll build up to the payment threshold and you’ll get a cheque for fifty quid. I’ve actually done that, but the £50 took more than a year to earn. Who’s got time or patience for that? Luckily there’s another way to go if you want to make money from market research . . .
Joining a paid market research organisation as a participant in genuine, full-detail research studies is a much better call. You can earn up to few hundred pounds for a couple of hours of your time, and it doesn’t take much effort to join in.
One UK market research organiser, Take Part In Research, typically pays between £40 and £250 per session. Though you can’t join too many sessions per year, this is a really nice way to grab some extra cash.
And because we’re a nosey lot on the whole, a nice extra bonus is that we get to take a peek inside the development process of products, services, ads, and even government initiatives which so often seem cloaked in mystery!
Make the Most of Taking Part
Some of the biggest rewards come from market research projects that specifically need people in a certain job, so you might find a business research project that pays you well to talk about how and why you spend your company’s money.
What can be more fun, though, is joining in a group discussion to debate, or going to a hall test where prototypes are presented for you to explore and give your verdict. (Can you imagine having been in the room when they piloted the iPad – what a buzz!)
Whether you’re in it for the money or just for the thrill of trying out products that haven’t hit the shelves yet, taking part in paid market research is well worth a thought.
This guest post was written by Sophie Lizard, a freelance blogger who works with Take Part In Research to spread the word about paid market research opportunities.
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