Welcome to my Squadhelp review! In this article, I will be discussing my honest opinion on the crowdsourcing platform, Squadhelp, which provides custom name suggestions for businesses.
Recently, I have noticed a surge of YouTubers advertising Squadhelp as an easy way to make money online by typing names. However, the reality may not be as straightforward as it seems. While they promise you can earn $300-$400 per month, it’s important to understand what you’re getting into before diving in.
What is Squadhelp
Squadhelp is a platform where over 70,000 people can participate in branding contests and earn cash rewards by submitting creative name ideas for businesses. Startups often pay agencies large sums of money to come up with catchy names and slogans, but Squadhelp offers a more cost-effective solution.
Founded in 2011, Squadhelp is a legitimate company that pays out rewards without any issues. Many users have left positive reviews on Facebook and Sitejabber. So, is Squadhelp a scam? Absolutely not!
If you’re interested in learning more about Squadhelp, how it works, and what you can expect to earn, keep reading!
How Does Squadhelp Work?
Looking to learn more about how Squadhelp works and how to make money by suggesting creative names for businesses? Let’s dive in!
First off, it’s important to note that at Squadhelp, you won’t get paid just for typing random names. Your goal is to come up with catchy names, slogans, and logos for companies. You’ll be competing against other creative individuals in naming contests, and you’ll only earn money if the company chooses your idea.
It’s important to keep in mind that there’s no guarantee you’ll earn any money on Squadhelp. The competition can be quite stiff, so you’ll need to be a very creative person to consistently win contests and earn cash rewards. It’s not a reliable way to generate a consistent income online, unless you truly stand out from the crowd.
How to Join Squadhelp?
If you’re interested in joining Squadhelp, the first step is to create your account as a creative. You’ll need to provide your name, username, email address, and residence address, but your profile picture and phone number are optional.
Next, you’ll have three options on how to participate: participate in naming contests for a $10 fee, participate in logo contests (you’ll need to email a link to your design portfolio and be approved), or submit names for sale in domain marketplaces (which is free).
Once you pay the fee (if you’re participating in naming contests) and activate your account, you’ll see your dashboard. Make sure to read all of the information provided on that page and follow all instructions to ensure that your account remains in good standing.
How to Participate in Contests
To participate in contests, click on “Contests” and then “Active contests.” You’ll see a list of all the contests that are currently active on the platform. Read all of the information provided by the company before submitting your idea. It’s important to note that companies often prefer short, catchy names that are available for purchase as domain names.
Keep in mind that there can be over 1000 entries in a single contest, so the competition is high. Even if you don’t win, your entry can still receive a high ranking score, which can help you achieve tier A status and apply to more contests in the future. A high ranking score also allows you to submit more entries per contest.
How to Get Paid with Squadhelp
Are you wondering how you’ll get paid if you win a branding contest on Squadhelp? The good news is that you can request payment through PayPal or Payoneer, but note that these are the only payment options available at present. After you request payment, it will take about 7 days for your payment to be processed.
Can You Make $300 a Day?
Now, some influencers will tell you that you can earn up to $300 per day on Squadhelp, but this may not be the case for everyone. While it’s true that you can earn from $100 to $300 depending on the contest, winning a contest every single day is a very challenging task, given the high number of talented participants on the platform.
However, this does not mean that joining Squadhelp is not a good idea. Many people earn extra income by participating in naming contests for just a few minutes a day. Just keep in mind that it requires creativity, dedication, and hard work to earn a consistent income from Squadhelp, and winning a contest is not guaranteed. So, if you are up for the challenge, go ahead and give Squadhelp a try!
Conclusion
Squadhelp is a unique platform that allows creative individuals to suggest names, slogans, and logos for companies in exchange for a chance to win cash prizes. While there is potential to earn money through the platform, it is important to note that competition is high and consistent income is not guaranteed. However, for those who enjoy brainstorming and have a knack for creative thinking, Squadhelp can provide a fun and rewarding opportunity to showcase their talents and potentially earn some extra cash on the side.