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They claim to also offer paid product testing opportunities. But it’s not really paid product testing, but more of getting cash back. Basically, besides surveys, you can purchase products and services through their portal and earn a certain amount of cash back for every dollar you spend. If you were going to buy something already, it’s a great way to get some of the cash back. But don’t just buy something because of the cashback.
You shouldn’t expect to make a killing by taking paid online surveys. Instead, you should view them as a way to make a little bit of extra money in your spare time — while you’re in line or when you’re stuck in a waiting room, for example. In cases like these, surveys can be a decent way to monetize your time. And while the payouts aren’t huge, even a few dollars per month can add up in a savings account and help you start to build a more solid financial foundation.
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Some websites, like eBay will pay you as much as $6 to sign up to their sites and place bids. Another website, Stamps.com, will pay you as much as $10 for signing up for their free trial program. However, with the latter, if you do not cancel the free trial before expiration, then you will be billed monthly for their programs (in the case of Stamps, its $15.99 per month).
How it works: There are two ways to earn cash with Survey Savvy. The first is, as the name suggests, by completing surveys (which typically pay between $1 and $3 each). However, you can also make passive income with Savvy Connect, which is a lightweight and unobtrusive mobile app that runs in the background on your computer and/or mobile devices, collecting anonymous data to send back to the company. Savvy Connect users can earn $5 per month per device, just for keeping the app installed.
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Prizes include: $0.25 tokens (after your next successful survey completion, get an extra .25 credit in addition to the survey credit; 5 tokens maximum can be sitting in your account), $5.00, $1.00, and $0.05 cash bonuses credited immediately to your account, or Scratch Off Progress which will be credited immediately to your account; win and you'll see the Scratch Off progress bar will move forward towards the next scratch off card.
Not a “scam” in the sense of the word, but really not a way to earn any type of money. If you can find the companies that do the surveys and do them on your own with out sites like this you will make a substantially bigger amount of money. The “scam” is they take 90% (if not more, to be honest probably 99%) of the survey payout for themselves. Its the same for the “offers”, they will take the majority of the offer from the company, and give you a small percentage, And if that was not enough, they also take a percentage of your payout. This should be illegal as it is criminal to do this to people.
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.