Tuesday, March 04, 2008

Global Test Market - Legitimate Survey Company #1

Global Test Market, founded in 1999, is a survey company that serves 60 countries and 1,400 clients world wide. It is a legitimate survey company and it does pay its panelists.

How does it work? Once you register for the panel, you really should fill out the profiles. They take a few minutes each and you earn ten points each profile, or a total of 100 points. That 100 points translates into $5 worth of points. Surveys will arrive by email and range in points between 5 and usually about 150. If you do not qualify, you will receive 5 points. This is nice since very few survey companies award points when you disqualify for a survey.

How do you cash out? After you have banked at least 1,000 Market Points, you can cash out for a check in the amount of $50. While it may take some time to reach the point of cashing out for some, it is well worth it once you have that $50 check in your hand. You are given the option of cashing out at 1,000 points, but you can cash out any time thereafter. For instance, earlier this week I reached that magic 1,000 point threshold and crossed it with a total of 1,138 points. I cashed out that entire amount, which is roughly about $56. Theoretically, you could accumulate points until the cows come home, but as a general rule for myself, I don't let money sit in their bank account when it could be sitting in mine.

As with all survey companies, your experience may be different than mine. Many surveys are offered based on demographic data, and not everyone will qualify for every survey. Panelists can earn 20 Market Points for referring others to join the panel. The 20 points are credited once the referral has completed a survey.

Global Test Market is currently ranked #9 in the Top Ten list at Survey Police, which monitors survey sites. The site also provides rankings, which are provided by members of the site.

For must know tips on how to get started taking surveys, don't pass up my article How To Make Ends Meet and Still Be a Stay At Home Mom. The part that deals with surveys is on pages 2 and 3 of that article, but you may want to read the rest for other ideas.

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