There are a number of reputable market research panels that offer an easy way to make money online or earn other rewards. Internationally, market research is a thriving industry with companies spending billions on various types of consumer research – from conducting product testing, interviews and polls to establishing focus groups. Understanding what factors trigger a consumer to buy a particular product is vital to the producers of consumer goods if they want to compete and grow their market share.
The market is dynamic, so a close eye needs to be kept on market factors. Things change constantly. Competitors launch new products or change their pricing strategy, for instance. The need for accurate, ongoing market data is where an opportunity presents itself to you, the consumer. The easiest and most efficient way for market research panels to engage with consumers and learn about their consumer market experience is by means of online surveys.
Completing online surveys is an opportunity for you to make money online. These surveys are easy to complete as they concern the everyday activities that all consumers are involved in, and, as a Nigerian consumer, you possess the information that companies need and can make money online by sharing your valuable input.
Choose the Right Company to Join
Unfortunately, there are those that take advantage of the fact that consumers can make money online by taking surveys and setting up shop with the sole purpose of defrauding them of their hard-earned cash. These scammers masquerade as market researchers with the goal to make money out of unsuspecting consumers. How do you know if a company offering the opportunity to make money online is legitimate?
You Should Be the One Being Paid
You’re not going to make money online if you pay to take surveys. You shouldn’t pay to participate in a survey. A credible and transparent market research panel will never ask you to pay them to complete a survey. Typically, scammers ask for an initial payment from you before they can pay you for your participation. The worst-case scenario is they take your money and disappear. At best, they send you a lengthy questionnaire and offer a minuscule amount of money to complete it. Either way, this is not how a legitimate market research panel, like MobiWorkX, operates. Joining is free and rewards are offered for the time you spend taking the survey.
Guard Your Personal Information Carefully
Be very careful to avoid phishing scams. If you receive an email without having initiated the contact that invites you to take a survey for some form of reward, do not take it. This is in all probability a phishing scam. “Phishing” describes a scam where scammers try to get your personal information to access your bank account, steal your identity or use your personal gain at your expense. Malware may be installed on your computer if you follow the link they provide or they will ask you to enter the details they want before you can take their so-called ‘survey.’
Make sure that you initiate contact with a reputable panel, such as MobiWorkX, that you have selected with care. A legitimate company wants you to make money online and they do not require and will never ask you for your bank account passwords or login pin numbers.
Protect Your Privacy
Does the company have a privacy policy? Credible survey panels have privacy policies to prevent your personal information from being sold to third parties, for example. If there’s no privacy policy, in all likelihood, the survey is a scam, and you should avoid having anything to do with it. Test the link to the privacy policy and read it thoroughly.
Make Money Online Today
Completing surveys for cash is a legitimate way to make money online. You share your daily consumer experiences with a company in exchange for a reward, and they receive the consumer information they need. It’s that simple.
If you have a smart device and an internet connection, you can make money online. Even better, completing surveys for cash is simple and takes very little effort on your part. Modern market research panels like MobiWorkX gather data for companies by making it easy for you to participate in taking surveys and then rewarding you for investing your time and sharing your opinions and experiences. Joining is as easy as going to the MobiWorkX website and following the easy registration process.