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Signing up was a breeze. I simply went to the page that said I would get a free $5 signup bonus and entered my email to get going. I had to answer a few basic questions — things like income level, race, education, and health questions. After a few minutes of answering questions and watching a couple tutorial videos on how the site works, I had $5 added to my account.
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:
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.