If you are looking for dependable and reputable paid survey website, Global Test Market is one of the websites that you can trust. It offers relatively high compensations for the various survey questionnaires that you are able to complete. As a paid survey website, Global Test Market relies on an incentivized system that encourages the respondents to participate and complete survey questionnaires. Some are long and comprehensive surveys that people are unlikely to be motivated to finish these surveys without some incentives.
The website serves as a bridge between the companies and the target customers. On one hand, the sponsor companies are able to familiarize themselves with the target market, enabling them to tailor their products based on the preferences of the target customers. This gives them competitive edge and minimize the risk of product failure. On the other hand, the customers are able to get the products that they want and need at best possible prices. The members of the website has the opportunity not only to earn but also to learn and directly influence the decisions of the sponsor companies in terms of product development and marketing.
Global Test Market is one of the pioneer paid survey websites. It was founded in 1999 and is powered by Lightspeed GMI. It is among the leading market research service providers in the world. Lightspeed GMI has more than 1,400 clients around the world, located in more than 60 countries. It has a global reach of potential customers across various demographics. As a market research company, the website is primarily focused on gathering market opinions about certain products, services and issues. It does not permit its company clients to sell products to the respondents and the pieces of personal and financial information provided by the respondents are not used for marketing purposes. These are not sold to any third-party entities.
In order to participate in the surveys and earn points, you first need to become a registered member of the website. Registration is free and simple. You simply need to create an online account by filling in the required information. You need to provide some personal details such as occupation and educational background. These are necessary to create demographic profiles. These profiles will serve as the basis for prescreening respondents to specific types of surveys.
You have be at least 14 years old and a resident of one of the 49 supported countries in order to be eligible to join. The following are the supported countries:
- Czech Republic
- Hong Kong
- New Zealand
- Saudi Arabia
- South Africa
- United Arab Emirates
- United Kingdom
- United States of America
Once you become a member, you will be able to access your own private member dashboard. You will regularly receive invitations to participate in the surveys that you are qualified to join. Depending on the length of the survey, you will earn corresponding points, which later can be redeemed as rewards. You can redeem $50 if you earn at least 1,000 points. If you are active in the website, you will be eligible to participate in the $300 cash prize draws and in the quarterly $20,000 sweepstakes.
Survey invitations are sent via email and can also be viewed in your dashboard. You can take them at your leisure but there are expirations. It takes an average of 20 minutes to complete one survey. Many surveys also have filter questions that screen out respondents, narrowing them into specific demographic sectors. In this manner, a more precise collection of information. Even if you are screened out after answering just a few questions, you will still be rewarded with corresponding minimum points. You will also earn points from the referrals that you make, provided that the referrals also participate in the surveys.
If you complete a survey, you will be rewarded some corresponding MarketPoints. You can accumulate these points and later redeem them as cash or gift vouchers. You can accrue reward points and they have three years before they expire but you need to have at least one online activity in the website in twelve-month time. Your points will automatically expire if you are inactive for twelve straight months.
The points that you can earn per survey will largely vary depending on the length of the survey and the urgency of the survey. Longer surveys have higher incentives. The more urgent surveys also provide higher incentives compared to less urgent surveys of the same length.
If you want to redeem your points, simply log in to your account and click the “rewards” button then click on the “redeem” button. Follow the on-screen prompts to complete the process. Your account will be credited with the rewards stated in the survey invitation when you redeem your points. You will also receive sweepstakes entries.