Tuesday, July 12, 2011

Panda Research Survey Reviews

Great. So you want to make money doing some surveys? Surveys are one of many ways to make money at home or opportunities to work at home. Well, there are a lot of survey sites out that typically promise big bucks, maybe even $25, $50 or more. Take for instance, Panda Research. This group is a good example of a survey site that promises $1 to $75. However, some surveys actually have no monetary incentive and instead enters you into sweepstakes or drawings.

Here's what I saw with Panda Research. I signed up and received the usual amount of emails to activate, and was emailed "New surveys now available" type notifications. Also, once I logged on to the membership site, I saw a list of surveys to take. Again, just generic call to action lists. Now the fun part. Let's take a survey! This is actually the dangerous part that people miss.

When you take a survey, it usually asks you to evaluate a product and only after evaluation will you receive credit for your honest opinion on the survey. The evaluation product may have underlying terms and conditions that people miss. For example, I saw a survey where I had to evaluate a product or service. I began registered with the new service but there were fees involved after the "trial" period. Not wanting to pay the subscription for a product I was only evaluating, I found myself having wasted a good ten minutes just trying to complete a $2.00 survey. Once I added up my time, the costs and possible missed fees that could be incurred, I came to the conclusion that surveys are probably not the route for "big bucks".

For those considering surveys as a steady income, note that they are labor intensive and you can easily be making below minimum wage. It is not a scam and requires a lot of work, as well as attention to detail. Do not fall prey to the "try this for free" scheme especially if there is a fine print that ultimately means you may be charged $24.95 each month unless cancelled. Even if you think you'll just cancel it tomorrow or two days from now, it's considered fraud to have that intent and two, the cancellation phone number may be bogus.

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