They used to be cash-only, but in 2013 they switched over to a points system. Panelists can share their opinions in surveys and complete other various offers in exchange for points. 100 points is equal to $1, and most of their surveys pay up to $3. Survey topics are diverse and cover a variety of different topics. Pinecone Research is unique in that they emphasize consumption related surveys more than other panels.
Summary: A real favourite, MySurvey is a popular panel allowing members to participate in market research surveys for money, covering topics like the media, tourism and products like electronics. It’s easy to set up an account on the site and begin earning points, which vary between 10 and 500 per survey, but are typically around the 100 mark for an average survey which would take 15 minutes to fill out.
Rewards vary based on the survey type and the company conducting the survey. You may get paid online through PayPal or a Visa gift card, or get free products so that you can try them and provide feedback. To get the best out of online surveys, it is recommended you join several websites (10 to 20) so as to give you sufficient invitations daily at the best time frame. Regularly check your email and be honest while giving your opinion. Don’t give up if you don’t get selected for a survey after the first screening process, as it will take a while before you get selected based on your demographic.
After joining a survey site, you provide some personal and demographic information, which legitimate survey sites will keep private. That information will be used in choosing participants to take surveys on certain goods and services. If you get selected to take part in a survey, you will be notified through mail to take a short survey to see if your profile suits that survey. When you are deemed qualified, you will be requested to take a longer survey.
Return on Time – Is it an hour of your life for $2.00 or truly a fifteen minute survey? We find out if the Return on Time (similar to Return on Investment) pans out. Surely, some will be better than others for not wasting yours. Basically, we've evaluated not only how much you actually get paid to take surveys but also how long it takes to earn that cash
Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.
Cashback shopping: Who doesn’t love getting cash back? It's a great incentive for shopping because it feels like you're being paid to do so. It's usually best to use the offers only when you were already intending to buy the product. If you love saving money at discount stores or at places that offer cash back, there are a lot of survey sites out there that will open a lot more offers to you. Survey sites can offer cash back because they're paid a portion of the profit for referring you.
There’s a decent rate of surveys pinged your way as you can expect two or three emails a day inviting you to fill in particular questionnaires. In addition to this, there are freely offered surveys on their cleanly designed website each day which you can look through and decide if they take your fancy. Surveys on CashCrate are often outsourced to third parties though, so you can make more money on the survey side from other websites. Similarly they are known for passing your information on to other people, so to avoid the irritations of endless spam, make sure you set up a dedicated email address for your CashCrate account.
Some pay with points that are redeemable for cash or goods and typically you must rack up a bunch to redeem them for anything of significance. Others may give you a gift card, discount, or another token of appreciation for participating. Many others pay nothing or only offer sweepstakes entries for completing screening surveys to determine your eligibility for other, paid surveys. A few don't pay much of anything, unless you recruit others, as in a pyramid scheme.
Paid survey site companies invest billions of dollars into marketing research online. They always want to find out more intricate details of a consumer's relationship with their product. Whether it's a new television show or just an existing product line, companies like Disney, Samsung, and Sony go to great lengths to find out their ideal audiences.
Survey Club has been offering online paid surveys since 2005, and in the fast paced every changing world of the web that’s a reassuringly long amount of time. They are a bit of an acquired taste, in that they specialise in long, detailed surveys for high end clients rather than the quick and cheerful consumer surveys that you may be more familiar with. Whilst this does mean that you may have to commit a bit more time, it does mean that if you have the patience to persevere with them they pay more money than most survey and reward sites. They also offer local taste tests (see what I said about ‘an acquired taste’?), and secret shopper opportunities.