I know that many of you might not have time to do the regular surveys, where most of the times the pay might be less than what you expect.
I think surveys are an excellent way to make some extra cash, I have earned good extra cash with them, but if you are looking to make more, you need to start looking at paid focus groups. They can give a better return for your time spent, as it is more when compared to the regular surveys.
A little about Paid Focus Groups,
What are online focus groups?
Companies invite a group of people to give feedback about a particular product or service, and this usually happens when brands want to get a pre-launch feedback about the product.
Focus groups are quite different from the regular surveys. The biggest difference is that most of the focus groups are in person or on the phone.
The focus groups can be of different types like clinical trials, product testing, etc.
How much extra cash can you make per Focus group?
Focus groups can pay more than the surveys. You can easily make around $50-100. Sometimes, you might be offered product samples for your time. There is no set payment for these studies; it depends on the type of study and the company.
Where can I find focus groups?
There are some ways you can find what focus groups are available in your area. You can do a google search to find the ones in your area or dig deeper in Facebook groups.
Another great way to find out some events including focus groups is with the app Eventbrite.
Here are some legitimate companies which offer focus group studies.
Brand Institute is a market research company which has been running for a long time. They offer many surveys like product research, medical surveys, etc. They usually pay through Check or PayPal.
This company has been in the market since 1986, and it offers the online and one-on-one interviews. You will have to apply online, and there is a pre-screening test before you get selected for any product tests.
Another Market Research that recruits around California area. They have many studies related to shopping, healthcare, product testing, etc. You have to register with their online form. You can also check out the latest study invites on their Facebook page.
Mindswarms is more of an online focus group study. Participants use a webcam with their smartphones, laptops to participate in the study. They pay $50 per completed study. You have to register online and wait for their invite.
This company usually looks for participants in San Francisco area. The process is simple, you register and wait for the invites for studies. Apparently, they don’t have any online studies.
This market research company has offline opportunities along with shopping visits, interviews, etc. They look for participants around Chicago and Los Angeles. They reportedly pay around $100-$200 per 1 to 2 hours sessions.
Fieldwork is more flexible and offers more opportunities for 16 states in the USA. As with other companies, you have to fill out the online application form, and if you are suitable, you get an invitation. The pay can be around $50-$100 per study.
Tips to remember about paid focus groups,
As the pay with these focus groups is higher than the regular surveys, the competition is more. So, if you get invited, you have to act quickly and respond.
Most of the companies are looking for participants in particular cities and therefore if you want to find right opportunities, search in different places like Facebook, do a google search, but always confirm the legitimacy of the company.
Focus groups pay more because they want an in-depth opinion about a product, so you will need some patience when giving answers and always be very honest about your feedback. That way you stand a chance of getting invited again.
There is always a pre-screening survey/questionnaire when you register, and the invites you get are dependent on the demographics you enter into the survey.
Lastly, this is not a steady income source. This is just another way of making some quick cash. But then, a little extra money never hurts anyone, right??
More steady income streams,
Blogging – I have been blogging for seven months now, and I make a good part-time income from it. There is a lot of debate on whether you can make money from blogging.
All it requires is you write what you love and promote well. I have a super easy step-by-step guide to start your own money-making blog within minutes.
Transcription – This is the most famous of all the work-at-home careers and can give you a livable income online. Though it requires a lot more than typing, you can start your transcription journey if you have some typing skills.
Bookkeeping – If you want to start a thriving work-at-home business, then start bookkeeping. It does not require any prior experience or expertise. The income you can earn from this is really great. You can find out more about this side hustle here.