|Posted on June 9, 2011 at 11:42 AM|
Panda Research is a legitimate market research company that pays people to review products and take surveys. This information is used to improve products sold to consumers. If you are looking to earn some extra cash completing surveys with Panda Research may be the opportunity for you. Whether you need to repair your car, find a way to make extra money while attending college, or just need extra income coming in to pay your bills, it seems as though trying to find ways to make extra money online is one of the most popular searches for today's internet. One of the oldest and most popular ways of making extra money online is participating in online market research like the opportunities with Panda Research.
After you sign up with Panda Research, you must fill out a general questionnaire with some basic demographic information. How old you are, where you live, your marital status, whether or not you have children - this is all considered very important information to the company, and you will benefit from filling everything out truthfully.
Panda Research will use this information to determine whether or not you qualify for a particular survey, focus group, or product panel. The research they are asked to conduct is very specific. For example, they may need opinions from women ages 25-45 who have at least one child, are college educated, and drink coffee outside their homes at least twice a week for a particular survey. Don’t worry there are plenty of surveys for every type of person.
Often before you can participate in a survey or focus group you will be asked to answer even more detailed questionnaires to make sure you fit the group the company is looking for. Sometimes you will be disqualified from the research based on an answer you have given to a question. Because of this qualification process, many people online can be found claiming that online market research is a "scam." The truth is that without these detailed questionnaires, there wouldn't be such a wide scale online market research industry, which is what allows people to make extra money in this field.
Finally, it's important to remember that online market research companies like Panda Research are an industry best saved for people who are looking to make a little extra cash. It's important to remember that almost all companies, including Panda Research usually pay only a dollar or two per survey completed. Although the number of surveys you can complete are unlimited, its best to sign up with as many companies as you can find to increase your earning potential.
Article written by Kimberly Smith
Categories: Paid Survey Reviews