In my PanelPlace review, I would like to show all you need to know about this website and give you my honest opinion about it.
As you will see, PanelPlace is a legit platform to find online survey opportunities. However, it the income potential is too low! So, don’t forget to check out my #1 recommendation to discover the strategy that earns me $700+ on the side from my laptop.
PanelPlace Review
- Platform: PanelPlace
- Website: panelplace.com
- Price: Free
- Business Type: Online Survey
- Score: 6.8/10
What is PanelPlace?
PanelPlace is a platform that only connects people with the most reputable survey panels. It was established as a company in 2012 by a small group of young professionals determined to provide a reliable and rich channel for survey opportunities.
Your opinions and insights are essential for marketing research, which helps companies improve their products and become more competitive. That’s why companies are willing to pay for your opinions through online surveys.
Pros and Cons
Pros
- It connects you with well-established survey panels.
- It’s free to join.
- There is a section that allows you to keep track of your earnings.
Cons
- Low-income potential.
- Sign up twice to take part in surveys.
How Does PanelPlace Work?
PlanelPlace identifies survey panels according to your location so that sign up and complete surveys directly with those marketing research companies.
After you register for free, click on “Panel Store” and then, go to “Recommended Panels.”
Now, just click on the Green button “Join Now” and sign up with the survey company of your choice.
You should complete your profile with each panel to increase your chances of being invited for new opportunities.
It’s important to highlight that, different from platforms like Swagbucks, Cashcrate, and Crowdology, PanelPlace doesn’t send out surveys, and it’s not responsible for your rewards.
You will receive surveys invitation emails directly from the survey companies that you signed up to. Sometimes the invitations end up in your spam folder, so make sure you double check there.
There were 7 recommended panels for me here in the UK. I was expecting a bit more, but I believe they are enough to keep a constant flow of surveys coming on a daily basis. Depending on your country, you can find more or fewer options available.
PanelPlace is similar to other “bridge sites” that I reviewed in the past like SurveyCompare, Top10BestPaidSurveys, and SurveyVoices.
However, they provide a more organized platform where people can manage their earnings.
After you join the panel, just click on “Move it to My Panels.”
Next, click on “My Panels.”
Here, you will see all those that you have joined as well as your earnings.
Note that your earnings will not show up automatically after you complete a survey. You have to manually add your earnings by uploading a proof, such as a screenshot from your PayPal account.
This is the same evidence that will be available to all members of PanelPlace.
It’s not an obligation to upload the proof, but then you won’t be able to keep a record of your earnings.
Cashing Out
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Each survey panel has its own rules regarding the minimum cashout requirement and payment methods. For example, GlobalTestMarket has a very high minimum requirement of $50, while MySurvey requires a minimum of $10.
Once you reach the minimum threshold, you will be able to cashout via Paypal or Gift Cards from popular stores.
Final Thoughts
PanelPlace is a good website to get in touch with reputable survey panels and keep track of your earnings.
Although I am not a big fan of online surveys, I recognize that many people can benefit from them. It’s free and easier than stealing candy from a baby!
The problem is that you when you take online surveys, you will be making less than the minimum wage. What’s worse, they will disqualify you in many occasions, causing you to waste a lot of time and patience!
I was a persistent survey taker in the past, so I know exactly how it feels…
How I Prefer to Make Money Online
In 2015, I discovered a very profitable strategy to make money online called affiliate marketing. This is an effective business model that allows you to make commissions for promoting other people’s products.
There are many ways to promote products, but I highly recommend you build a blog/website because it will become a solid foundation for your online business. Some bloggers make six figures a year! So Yes, a blog can become a real and powerful business!
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It will take you by the hand and put you on the right track to succeed online, even if you have no previous experience. Trust me, English is not my fist language, and I had never built a website before.
The most important aspects of my business I learned inside their incredibly helpful community. If it weren’t for their down-to-earth training, I wouldn’t me making over $600/mo online right now.
Thanks for reading. I hope this review was helpful to you. If you have any questions, feel free to use the comment section below.
See you next time!
Stefan