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September 2010 Survey Income

October 1st, 2010 at 05:05 pm

For the newbies: I'm a physician and get to do a lot of medical market research surveys, mostly online, that are for physicians only. My goal for 2010 was to earn $5,000 this year through these surveys. I also do a couple of non-medical surveys like Pinecone and Opinion Place so my numbers include everything, but 99% of it is medical.

For September, I earned $602.50. It was down from the past few months but I expected that because I was away for 2 weeks in August and 1 week in July so I wasn't able to do many of the surveys I was invited for. Still, I'm not complaining about $600.

That brings my total for the year to $4,776.75, just $223.25 short of my goal for the year. And today, October 1, I received $195.00 in payments, so I'm really only $28.25 from my goal. I should hit that within a week. I guess I needed to set the bar higher.

Posted in Personal Finance | 5 Comments »

5 Responses to “September 2010 Survey Income”

  1. librarylady Says:
    October 1st, 2010 at 05:46 pm 1285955190
    1285955190

    Wow! Way to go Steve!

  2. Ima saver Says:
    October 1st, 2010 at 09:13 pm 1285967600
    1285967600

    Hey, that is great!!

  3. rob62521 Says:
    October 1st, 2010 at 11:46 pm 1285976798
    1285976798

    Terrific!

  4. disneysteve Says:
    October 4th, 2010 at 01:47 am 1286156844
    1286156844

    Jerry, the surveys are all run by market research firms, though I'm sure it is all on behalf of pharma companies. As for time spent, I don't track it but I've gotten pretty adept at doing these surveys and it never takes me as long as the invitation estimates. So if they say it is a 30-minutes survey, I'm usually done in 15 or so. They typically pay at about a $100/hour rate, so earning $600 means I spent roughly 4-6 hours during the month doing surveys, though that is just a ballpark estimate. Some programs are faster and pay better. Others are more involved and take longer.

    There is also income that I don't include in my blog reports. Some surveys and e-details don't pay a monetary honorarium but rather provide a "medically relevant item" usually a textbook. I list all of those on half.com. I'll add that all up at the end of the year but I usually sell at least a couple of books per month, usually more in September when students are heading back to school.

  5. disneysteve Says:
    November 5th, 2010 at 04:49 pm 1288975764
    1288975764

    Jerry, I'm not sure what is out there for doctors in training. The surveys do sometimes ask, "Are you a physician in full-time practice?" so if the answer is no, you probably wouldn't qualify, but other programs might not make that distinction.

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