Wednesday, January 26, 2011

Earning more money


Get paid for your opinions in focus groups 

But there’s another popular way to get paid for your opinions these days, and many people are earning full-time income doing it.
 
It’s called a focus group – and in fact, it’s been used for decades by marketing firms and other companies hoping to gain public opinion about new products, brand names and other subjects.
 
How do focus groups work?
When selected for a focus group, you are generally invited to meet in-person with a group of other people, generally coordinated by a market research firm. The meeting can last a few hours or all day, with lunch and short snack breaks.
 
Generally, the people coordinating the focus group will present certain products or subjects to the group. For example, they might even show a TV commercial that hasn’t yet been shown to the public. Participants in the group are then asked to talk to each other about the commercial, how they feel, what they think, etc. They may also be asked to write down their thoughts privately.

In general, there will be several people watching the focus group from the background, taking notes on what the participants say and do.
 
How much money can I make?
The money you make is generally dependent on how long the focus group lasts. For example, you might be paid anywhere from $100 to $500 for an all-day focus group – with free lunch, coffee, snacks, etc. Some may pay by the hour, between $10 to $40 an hour, again depending on how much “work” is involved.
 
How do I join a focus group?
A quick Google search for “focus groups” will reveal many different companies that specialize in helping people find focus groups in their area. Be sure to research each company carefully, as there are many imposters online that simply charge you to join their network but never actually find a focus group for you.
 
Also, keep in mind that many focus group companies may not select you if you have been in another focus group within the previous few months. However, many times, if the subject of the focus group is not at all related to the previous ones you’ve participated in, then you may be eligible.
 
Earning a full-time income from focus groups may take some time. But if you could use an extra few hundred dollars every once a while, it’s a great way to get an extra paycheck just for expressing your opinions.

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