Tuesday, October 12, 2010

Market Research to earn extra money

About a year ago, a friend told me about making extra money through Market Research.  Companies pay market research firms to conduct surveys and focus groups when they need to know how customers feel about their products and services. 

Here in Charlotte, there are several companies that will pay you to give your opinion. For example, I have done surveys and focus groups for 20/20 (http://www.2020research.com/) and AOC Research (http://www.aocresearch.com/), and I have made several hundred dollars so far. 

To get started, Google "Market research" and "Your city's name".  You will need to set up a profile with each company.  They will contact you when they have a new study to see if you qualify.  Then you show up, answer the questions and get paid either in cash or VISA gift cards. 

Sometimes you may get called several times in a week, but other times may be slow and you may not hear from the companies for months.  Some studies pay $100 for an hour, while others pay $30 for a taste test.  Sometimes you may be asked to go shopping or to have someone come into your home and watch you cook a meal. It all depends on the subject matter.

If you are opinionated and would like to earn a little extra cash every now and then, you should definitely look into this!

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