Cash For Surveys, Cash Incentives for Taking Surveys

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Cash for Surveys - Reasons Why Cash Incentives Are Offered
 


 Why Survey Sites Offer Cash Incentives

 There are many market research sites that offer consumers rewards for completing their online surveys. These rewards consist of either an entry into prize draws, vouchers that can be spent either online or on the high street, gifts or cash incentives.

 From our own research we have found that people would prefer to take surveys that offer vouchers or cash incentives for their efforts. The amounts that are paid per survey completion are at the market research companies discretion. If a company was looking to spend thousands of pounds to get the information they want it is likely that a larger amount would be paid to you for your participation. If companies are on a smaller budget then these are the type of online surveys where you will receive either entry into a prize draw or vouchers for participating.

 Why are cash incentives so popular?

 If offering cash incentives cuts into a market research sites budget then why are they so popular. The first reason is that when money is offered for taking surveys the response rate increases dramatically, for example if we offered you to take part in an online survey that only gave you one entry into a prize draw along with 50,000 other people the chance of you taking it would be much lower than if we guaranteed you to receive £10 added straight into your account. The second reason is that gift vouchers are not always redeemable in every area (this is why online gift vouchers are now being offered on some sites) and offering cash incentives has appeal to everyone.

 To conclude offering cash incentives not only benefits the person taking the survey but also the market research company as they get larger numbers of participants. Overall this means better data for the market research company and a happy survey taker!

 Top 5 UK Cash Paying Surveys Sites

You Gov - Pays up to £10 per Survey

Panel Base - 50p - £3 each & £3 on registration

Palm Research - 2 daily surveys at $1 each

Survey Head - Available Worldwide - $5 for registering and cash out once you hit $25

NOP Surveys - Pay Cash Incentives on longer surveys

Top 5 International Survey Panels

Global Test Market - Pays $2 - $60 each

Survey Head - International panel with $5 free on registration

Palm Research - 2 Daily online surveys at $1 each

Vindale Research - Pays $5 - $75 each, payment is sent via Paypal

For more online surveys visit our UK paid survey or International survey section for full unbiased reviews on every cash, voucher and prize draw paying market research company.

 

 
 
 
     


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