The importance of market research has skyrocketed in recent years. Many people agree that data is the new gold, and businesses worldwide turn to consumers who can provide unbiased opinions. These opinions provide valuable insights that companies can use to improve products, services, brand image, customer satisfaction, and a lot more.
It’s no surprise that online surveys are becoming more and more popular. Countless data aggregators and survey sites pay a lot of money to people in exchange for their opinions. We decided to check out what’s available and pick the top 5 online survey platforms.
Essentially, passive income is sitting in front of your PC, smartphone, or tablet and earning money with minimal effort. In most cases, you don’t need a college degree or any specific skills. All you need is one of these devices, reliable internet access, and a willingness to share your opinion.
One of the most popular ways to make money online is by using online survey apps. They usually create your profile based on the information you share about yourself and allow you to participate in surveys based on that information. Once you complete a survey, you earn cash, points, credits, gift cards, crypto, etc.
Most survey apps work on the same principle – they’re a data aggregator for brands performing market research. Since companies can’t hire individuals directly, they turn to companies behind these apps. As a user, you get to share your opinions on products, services, advertisements, and more, in exchange for cash.
With Pawns.app, you can complete surveys and share your internet connection in exchange for cash. Getting started is easy – creating an account and downloading the app takes just a minute. You can get it for Android, iOS, Windows, macOS, and Linux. More importantly, you can use multiple devices and earn even more as long as each device has a unique IP address.
One thing that sets Pawns.app apart from other similar platforms is the fact that it’s available everywhere in the world. While surveys are not available globally, the team promises to add new countries every two weeks. According to their social media, they’ve been doing that consistently.
Surveys usually take just a few minutes, so they’re ideal for making some money when you’re on the bus or waiting for a commercial break on TV to end. As for internet sharing, it’s 100% passive online income – just enable it in the app and you’ll be earning.
Finally, the minimum withdrawal limit is just $5, which is significantly less than what we’ve seen with other similar apps. You can get paid via PayPal, gift cards, and cryptocurrencies (depending on your location).
LifePoints also offers users a way to make money by completing simple surveys. The platform has many partner brands that need public data to improve their operations. In general, LifePoint surveys take anywhere between 10 and 20 minutes. Like all other platforms, LifePoints expects honest and unbiased opinions from its users.
Once you complete a survey, you earn LifePoints. After reaching a certain balance, you can exchange these points for PayPal money, charity donation, gift cards, and more. LifePoints is currently available on Android and iOS. Unlike Pawns.app, it’s only available in 44 countries, so make sure to check if yours is on their list.
Survey veterans and beginners alike are familiar with Swagbucks. Still, we’ll cover the ins and outs of the platform for those who are reading about it for the first time. It’s one of the most popular platforms where you can complete online surveys for money.
The platform supports PayPal, along with gift cards for stores like Amazon, Target, eBay, Walmart, Starbucks, and others. Surveys on Swagbucks usually take between 5 and 60 minutes. While that sounds like a massive time commitment, longer surveys pay more so they’re worth considering.
Like all other platforms, Swagbuck surveys focus on products, services, advertising effectiveness, brand recognition, etc. Users can also get a chance to review products or participate in online focus groups.
In terms of earning potential, the platform has a lot to offer. Surveys are worth up to $20, and product reviews up to $100 per product. There’s a catch, though – the platform is only available to iPhone and Android users in the United States, United Kingdom, Australia, Canada, France, Germany, India, New Zealand, and Portugal.
Unlike other survey platforms, Toluna is more of a social voting app. It’s currently available in 50 countries and 28 languages. The best proof of the platform’s legitimacy is its brimming community of over 21 million users who regularly share their opinions with the top international brands.
Toluna is available for Android and iOS, but you can also use a PC to complete surveys. Once you gather enough Toluna points, you can exchange them for PayPal cash or Amazon gift cards.
By spending an hour on completing tasks, you can expect to earn up to $30. Aside from surveys, Toluna allows its users to participate in polls and test products. You can also earn extra points for posting high-quality content in the platform’s forums.
However, like most other survey apps, Toluna is not available worldwide. It currently supports 49 countries, so don’t forget to check if yours is on the list.
InboxDollars is a survey platform many people swear in, probably because it offers quite a few ways to earn money. You can take surveys, play games, watch videos, shop online, search the web, and more!
The platform works with many brands, including Netflix, Target, Walmart, and others, gathering opinions from users anonymously. It’s available for Android and iOS. Also, you can get paid via PayPal or gift cards. It’s important to note that the minimum withdrawal amount is $15, significantly higher than some other platforms.
While there are quite a few ways to earn money, using InboxDollars can get a bit confusing. Qualifying for surveys can be a challenge. This impacts your earning potential and many users mention it as the most significant downside. Also, some said the number of available surveys can reduce significantly as you get closer to the $15 payment threshold.
Before you decide to invest your time in a particular survey platform, here are a few things to keep in mind:
Many apps allow people to earn money online by completing surveys and in other ways. However, not all of them are authentic. Do your research before you decide to start using any particular platform to avoid wasting your time. Our five picks are all viable passive income sources, so make sure you try them out!