Are you looking for a reliable survey panel to make some extra cash? Look no further than Survey Spot. In this comprehensive review, we’ll cover everything you need to know about this platform, including its legitimacy, how it works, and how much money you can expect to earn.
What is Survey Spot?
First, let’s dive into what Survey Spot is. Survey Spot is a survey panel operated by Survey Sampling International, LLC (now Dynata), a global marketing research company. The company also runs other well-known survey sites like iPoll, SurveyWorld, and Opinion Outpost. With Survey Spot, you can take online surveys and earn points that are redeemable for Paypal cash or gift cards from Amazon and iTunes.
How Does it Work?
While Survey Spot is only open to residents of the United States, if you’re based in the UK, you can sign up for Opinionworld.com, which is the UK version of the platform. Both platforms are operated by the same company, so you can expect the same pros and cons. The only difference is in the number of surveys available, which varies depending on the number of clients in each country.
Signing up for Survey Spot is free and straightforward. After signing up, you’ll need to complete a profiling questionnaire to determine if you’re the most suitable candidate for a particular marketing research study. This questionnaire is crucial as it helps Survey Spot match you with surveys that fit your interests and demographic.
Once you’ve completed your profiling questionnaire, you’ll receive survey invitations via your inbox or dashboard. However, before taking a survey, you’ll need to complete unpaid pre-qualifying questionnaires. These questionnaires help narrow down the ideal candidate for each survey, which means you may not qualify for every survey. Be prepared to spend some time on these pre-qualifying questionnaires.
How Much Can You Earn
So, how much money can you expect to earn with Survey Spot? Points vary based on the length of the survey, but you can expect to earn between 50 to 100 points per survey, which is the equivalent of $0.50 to $1.00. For most surveys, you’ll spend around 15-30 minutes, so you can expect to make an average of $2 to $3 per hour. While this may not seem like a lot, it can add up over time.
In addition to earning points for taking surveys, every time you complete a survey, you’ll receive an entry into a quarterly cash prize draw to win $10,000. The more surveys you complete, the higher your chances of winning.
Cashing out
When it’s time to cash out, the minimum requirement is 1000 points ($10) for Paypal or 500 points ($5) for Amazon gift cards. While this may seem like a high minimum requirement, it’s achievable with consistent participation.
Conclusion
So, is Survey Spot a scam or legit? Based on our research, Survey Spot is a legitimate survey panel that pays its participants. While you won’t get rich by taking surveys, it can be a helpful way to earn a bit of extra cash in your spare time. Just keep in mind that you may not qualify for every survey, and be prepared to spend some time on pre-qualifying questionnaires.