SpeakAsia plan at a glance
URL - www.speakasiaonline.com (Disable pop-ups blocker for speakasiaonline.com domain to see all offers and fill surveys)
About the company :
SpeakAsia was started in 2006 , is headquartered in Singapore and is the largest online survey company of Asia now . The company has offices at major cities of India . The company was recently featured in a programme on NDTV imagine on 6th March,2011(telecast repeated on 13th March).
Click here for the YouTube Link of the telecast (you’ll find more related videos in ‘Suggestions’ column.
The website development,enhancement and maintenance of www.speakasiaonline.com has been outsourced to IBM and www.surveymonkey.com is taking care of the survey management (creation,data logging) of the website.
Registration fees (One Time) - $20
Types of panels :
1. Premium - $200 (Incomes described below) - Renewal Per Year
2. Basic - $100 (Income is half or less than half of those described below) - Renewal Per Year
* Please note, effective 11th May 2011, the price of Premium panel will be $299 and Basic will be $159
Registration :
1. One can register by purchasing a subscription code from any of the speakasia's authorized centers mentioned on the website .
2. Or one can join by a subscription code generated by his referrer’s own income and give him/her cash thereafter.
Surveys :
The survey income is the fixed income for the panel ,you will receive a fixed income for all the surveys you fill .The surveys are simple click and fill surveys ,and mostly you don't have to write anything in the survey , you just have to select choices given . You will be given 2 surveys per week worth USD10 each. The surveys are available at the website of the company and you can login with your username & password (that you make while registration) to take these surveys. The surveys are valid for next one month from the date they are sent. The income from survey is credited after a month of filling the survey.
You have your own opinion and the company respects that, so you can fill the surveys under any opinion you have. Provide genuine answers at the best of your knowledge and get rewarded. If you are not aware about any particular topic, you can answer accordingly and company will still pay you. E-bulletins are provided if you want to learn more about survey and their topics.
Referrals :
One can refer his/her friends to join speakasia . There is a huge income which your referrals earn for you , these incomes are detailed below in pt.2,3 and 4 . As you will see below that referral income constitutes 3/4th of your total income because 3 out of 4 income points mentioned below are referral incomes !
And hence , your referrals determine how much you can earn from this business.
Incomes :
There are basically 4 types of income. Anyone can earn all of these four incomes (Below are the incomes for Premium panel , Income for Basic panel is half (or less than half) of those mentioned below).
1. Survey income - Fixed guaranteed income till your panel is active* , 2 surveys per week Weekly 2 X $10 = $20 , until you fill surveys (Credited after one month of filling the survey) .
2. Direct Referral Income - $20, for referring one person directly from your id. You can refer any number of people you want. (one time income,Credited immediately )
3. Referral Royalty (Survey income from the survey filled by your referrals) - $1.50 per survey , Fixed income till your panel and your referral’s panel is active* and your referral fills the surveys.
For each survey filled by your referral you get $1.50 i.e for each person referred by you ,you get $1.5 X 2 = $3 each week till the time he/she fills his/her surveys . (Credited after one month of filling the survey)
4. Pair Income - $20, One time income , for each pair formed by your right and left legs. For eg - If I have 3 and 5 people on my left and right legs then I will get the pair income of $20 X 3 = $60 for the 3 pairs formed . 2 people on the right leg would be carried forward (Credited within 24hrs). You need to have just one direct referral on your left and right leg to start earning the Pair income.
Besides these incomes there are several schemes launched on time to time which can earn you extra rewards . Some schemes included Toyota Fortuner , LCD TVs , android mobiles etc . More information on speakasia home page/Pop-ups.
*Active - The panel subscription of 1 year has not expired .
Transfer of income :
1. One can transfer his/her income to his/her bank by specifying the bank account number and other details in his profile . A bank transfer charge (which the banks deduct) at the rate of 3% is applied, subject to a minimum of USD7.5 (rates may differ from bank to bank). It means , either 3% of the money or USD7.5 ,whichever is greater , would be deducted from your transferred money .
2. The other way to get money is to generate subscription codes from your own income and register a person in speakasia by that code and take money from him thereafter (as mentioned above in Registration section).
EXAMPLE:
Assumptions for the following calculations :
1. You complete all the surveys provided to you through all the panels you have taken.
2. For giving you a Guaranteed income figure we have assumed that you DO NOT refer anyone else in these following calculations . Obviously your income increases many folds if you refer more and more friends.
You start with One Premium Panel-
A. Investment = $20 registration + $200 premium panel subscription
= $220
B. Incomes:
B1. Survey Income = $10 per survey X 2 survey per week X 52 weeks of 1 year = $1040
B2. Referral Income = $0
B3. Royalty Income = $0
B4. Pair Income = $0
Total Income B = B1 + B2 + B3 + B4 = $1040
C. Investment Recovery:
C1. Income Per Week = Total Income (B)/ 52 weeks
= $1040 / 52 weeks
= $20
C2. Weeks to recover Investment (Maximum time)= Investment (A) / Income Per Week (C1)
= $220 / $20
= 11 weeks
D. Minimum Guaranteed Profit in one year = Total Income (B) - Investment (A) = $820
Single Panel | |
Time Period | 1 year |
Investment | $220 |
Investment Recovery | 11 weeks |
Guaranteed Return | $1040 |
Guaranteed Profit | $820 |
Guaranteed Return on Investment (ROI) | 372.72 % |
This all without referring even one person. You earn much more income if you start referring your friends as 3 out of 4 type of incomes explained above come from referral marketing.
As we have already mentioned that in all of these calculations you have NOT referred anybody to SpeakAsia . In all these calculations you don’t do anything except filling the simple click and fill surveys . If you refer some people as well then your profits would be huge as compared to the current figures shown above !
One can take multiple panels to increase his monthly fixed income and increase the ROI (return on investment). Please contact on below email to get more details.
Contact
manjeetatspeakasia@gmail.com
Speak Asia Business Presentation
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