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A few years ago, I was invited to participate in a focus group. I personally visited with about 15 other people. In two hours, we vented all our feelings about the way a particular health insurance company interacts with its customer base.
In the end, each of us walked out with $125. This health insurance company expects consumers to provide feedback on their products and customer service as compensation for our insights.
When you break down hourly wages, focus groups can be a profitable sideline. You will become part of the company’s market research work, magnifying your opinions higher than the opinions of other potential consumers.
Today, you don’t have to participate in paid focus groups in person. During and after the pandemic, you can use the online focus group platform to earn an hourly income ranging from $20 to $600.
Online focus groups: feasible side business
Focus groups can pay you great compensation for the time you actually “work”. They can provide a lot of sideline income at the same time.
However, they are unlikely to replace traditional income to sustain your life. Earnings can be very volatile. First, you won’t be eligible to participate in every survey, because every focus group has a specific demographic for it.
Often, although not always, the highest-paid surveys also have the most unique demographic requirements. For example, the company may want to work with a construction foreman who uses a specific brand of equipment, or a mobile application developer who uses a specific type of programming.
In addition, some consumer research companies only allow you to participate in one focus group every six months.
Just because the work is sporadic does not make it a bad side job. When the money does come in, your hourly salary is high and it is worth setting aside 30 to 90 minutes.
What do you do in paid focus groups
Most focus groups require 30 to 90 minutes of work time. When you conduct a focus group remotely, you may be asked to fill out a multiple choice survey. However, in most cases, you will interview real people over the phone or Zoom.
The themes of the focus group are endless: you may find yourself answering questions about your favorite margarita recipe, how you respond to pandemic parenting, or surveys related to your career.
Some focus groups may ask you to invest some time outside of the interview itself. For example, you may need to test run a specific product or record your experience. This extra time is usually included in compensation.
5 sites to find online focus group work
All of the following focus group companies currently have online opportunities. In the past, many nationwide opportunities could be accomplished remotely, but now even most city-specific tasks are virtual.
These market research companies will pay a high price for your time and constantly update the list to get more opportunities. In view of the currently available jobs, we investigated the current list of hourly wages and estimated average hourly wages.
1. Respondent
Overwhelming percentage of focus group opportunities listed above Respondents It is remote. Most lists are not city-specific, and you can qualify no matter where you live.
The current job list is between 20 USD and 250 USD per hour, The average focus group paid $120 per hour.
2. Observation Laboratory
WatchLAB does not list that many opportunities, but it will update its inventory regularly Facebook page.
Jobs are usually city-specific, although there are a variety of cities that offer opportunities.
Paid Observation laboratory Focus groups range from USD 60 to USD 250 per hour, The average focus group paid $100 per hour.
3. Focusing lens
Focusscope is another smaller consumer research company. It regularly updates users with new opportunities on its Facebook page, and most research is now done remotely.
Focusing lens To pay 75 to 250 USD For each focus group, the average expenditure is 100 dollars.
4. FindFocusGroups.com
FindFocusGroups.com Not itself a consumer research company. Rather, it is a job listing. It aggregates existing opportunities across the country and allows consumer research companies to submit lists.
You can search these focus group lists by state.The average focus group pays approximately $100 per hour.
5. User Interview
If you are looking for online or telephone focus group opportunities, User interview‘There are a lot of listings. However, compared with other companies on this list, these focus group opportunities are more face-to-face. Use filters when searching to ensure that you only see remote opportunities.
Part of the list of user interviews is medical research rather than focus groups.
User interview list between payment 25 USD and 500 USD per hour –Although few studies approach the $500 mark.Average focus group payment $60 per hour.
Pittsburgh writer Brynne Conroy is the founder of the Women’s Thrift blog and the author of the “Handbook of Feminist Finance.” She is a regular contributor to The Penny Hoarder. This report contains information from Penny Hoarder author and editor Tiffany Wendeln Connors.
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