My InboxDollars experience started on a high note. After receiving the signup bonus, I earned another 50 cents for completing a short profile survey. I also appreciated that I could see a list of surveys available to me, along with the exact dollar (or cent) amount they’re worth. Most sites we tested use points, and determining a survey’s monetary value can be a hassle. This list also included the estimated time required for each of the surveys and, for some, the topic.
How it works: Panda Research is a market data company that claims to have paid out over $2 million to date. Users complete surveys, which can take anywhere from 10 to 45 minutes each. The sign-up and survey completion process are both easy and typical, but there are a few things you should be aware of before investing too much time on the platform:
In my opinion, Inbox Dollars is a scam. After registering and wasting hours upon hours to make a few cents I started receiving a swarm of emails, 83 in one day to be exact, from the companies I was questioned about in the surveys. Not to mention an abundance of calls from unknown numbers. What an invasion of privacy! This is not worth the hassle. Be smart and don’t fall for this one!
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InboxDollars is one of the worst programs. Unlike others, they have a very short “6-months of inactivity and we’ll close your account and keep your money” term. Plus, you earn next to nothing. I too stopped getting paid emails and tried to unsuccessfully qualify for surveys. As such, I mostly did the big-ticket things, like signing up for money back on donations to charities. I accrued $98 and log in monthly to avoid the “inactivity” thing. But, guess what? They just closed my account for not completing anything in six months. They don’t even hold up their own definition of “activity”. So, user beware–withdraw when you can, even though UNLIKE the other programs, they charge a 3% fee on what you’ve earned. Sketchy, sketchy, sketchy.
When brands want to find out what consumers think about their product and services, they turn to market research companies. Market research companies are the ones actually administering the surveys on behalf of the corporations looking for data/feedback. Think of online surveys as a type of focus group, except in this case, everything is done online.