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:
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Not counting the profile survey, I attempted 38 surveys and qualified for seven of them. That’s an 18% success rate, which is on the low end among the 12 sites we tested. Most of the time, I’d immediately receive a disqualification notice with a link to a new survey opportunity. For a few surveys, I answered questions for a couple minutes before getting the boot.
I guess this Inbox Dollars must be for people that have nothing to do with their time or really believe they could actually make any kind of money doing this. If it isn’t classified as a scam it should be classified as a total RIPOFF. I read all their terms and agreements, which basically said, we can change the rules at any time and without notice, everything in there was not about protecting you, but rather how they have the upper hand on you. If you took this to your attorney he would tell you no way, right down to giving up your privacy rights.
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.