Does Panda Research Scam People? Online Survey Review
Is doing paid online surveys the way I do it? No.
So does that mean this company is a scam? Not necessarily.
And I’m willing to bet you are doing your research before you join because you want to see if it’s really a legit way to earn monthly paychecks for simply answering questions and giving your opinion. That’s fair. And I’m going to give you my unbiased opinion through this review and try to help you out as best as I can.
So first lets check out the actual website and analyze what we see…
So Panda Research wants you to believe that it is a survey panel and that they can help you generate some extra monthly income from home if you are willing to take a few minutes out of your day to participate in their survey program.
This is only going to be available to people that live in the United States and you have to be at least 18 years old or older.
Understand the idea of these online survey sites, that claim that you can join for free, are really looking to add you to their list of loyal subscribers. There are a few problems that I find with this particular survey site.
The first one is the payout threshold which is going to be $100. Yikes!
This means that you cannot cash out your earnings until you have accumulated at least $100 in your account. I can tell you from experience with other similar online paid survey sites, it is very difficult to reach that high of a threshold quickly and the reason is because the reality is that these survey sites do not pay as much as they advertise per survey.
So let me just sum everything up about Panda Research because we’re going to be here all day. This is pretty much how it works…
You sign up and you are actually given links to other offers to complete which need your feedback. Once you complete them you can expect to get paid very minimal, small earnings.
Just think about it…
If these survey sites really paid tens of dollars per survey, they would actually be losing money quite fast because the majority of people who join these things are just rushing through the research tasks to get paid. The main reason for this company is to build a subscriber base and also promote their referral program.
The Panda Research referral program would be the place where you could make the most amount of money, and that’s by recruiting friends and family into the company yourself and earning a commission from all of their earnings. To do this you’re really going to need to know Internet marketing because if you don’t, it can be nearly impossible to make money that’s residual, and grow a monthly income.
The Problem With Survey Sites
I honestly cannot recommend Panda Research as an efficient way to generate Internet money from home on a monthly basis simply because you are very less likely to receive a flow of steady work, plus like I said before, these survey sites pay very, very little.
There are much more efficient ways where you can easily put together an Internet business and drive traffic and make money from affiliate offers in a particular niche. I personally would pass on Panda Research although it is not necessarily a scam. I hope you enjoyed my review and that I helped you set a little bit of light on what exactly what the deal is with the program.