If you want to know how to get paid for your data, this is the perfect article to read.
It explains exactly how this works, the various ways to get paid for your data and some of the best and legit companies that really pay.
Can You Really Get Paid for Your Data?
Of course you can!
Perhaps you have heard that search engines sell your data for money. Or you are aware of social media making massive money off your data.
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Well, that should tell you something – your data is essential. No one spends money on what is irrelevant.
Now, what if you can be the one making money off your data?
Sounds impossible? Well, not so. Several companies will pay you for your data.
What are they, and where are they? Well, if you do not mind sharing your data, then you need this information.
By the way, your information is already being shared. Now, let us show you how to make money from your data.
Why Do Data Collection Apps Pay You to Share Your Data?
Companies and apps will pay you money to collect your data for various reasons, including the following:
- They need your data to tailor their advertisement to your taste
- They need people’s data to make their advertisement more effective
- It helps to grow their business. In other words, they are making lots of money from it.
How to Get Paid for Your Data
Several apps are ready to pay you just for installing them and allowing them access to your data.
These passes are needed for advertisement purposes. The questions some of these apps ask are not invasive.
They are questions that are centered on your shopping habit and browsing preferences.
You can locate a marketing company that will require your data and hand it over to them for money.
However, this is a tedious way of getting around what you can do from the comfort of your home.
You can also download the apps these marketers use, supply your information there, and get paid for it.
10 Best Companies & Apps That Will Pay You for Your Data
Some apps that will pay you for your data are:
DataCoup regards itself as “the only company that helps you sell your anonymous data for real, cold hard cash.”
This sales pitch inspires a level of trust in this company. It has claimed to be the “world’s first personal data marketplace.”
This app gives a platform to connect social media platforms including Twitter, Facebook, Instagram, LinkedIn, and Tumblr.
Aside from social media, you can link your credit or debit card.
The data on each source has a price tag. Whenever that data is bought, the app pays you the money.
You can redeem your cash when you have earned anything ranging from $5 on the minimum to $25 on the maximum.
If you choose to leave your cash to accumulate more before you redeem, you will be allowed to leverage up to $25.
At this point, you will have to redeem the money first and resume your participation and accumulate another amount.
With this app, you can earn as much as you can because there is no indicated restriction.
2. National Consumer Panel
The Nielsen Company operates the National Consumer Panel in partnership with IRI.
The NCP gets your data on your purchases. You will scan the barcodes on the items you buy using the NCP mobile app or handheld scanner.
Your rewards are the points you earn. The more items you purchase and scan with the app or scanner, the more points you earn.
You can improve your points by being a part of special studies or taking surveys. These points are converted to gifts or sweepstakes entries.
The sweepstakes can pay out impressive amounts up to $20,000. You can redeem the points using the NCP gift catalog.
3. Killi by Freckle loT
Killi by Freckle loT is another company that will let you earn money from your data.
This app makes earning from your data more interesting as it lets you choose what type of personal information you would like to share with brands.
And, of course, the reward is money.
Since the essence of your data is to help marketers advertise their products to consumers like you, this app thrives on survey questions.
The questions are based on your behavior when surfing the net or shopping.
They will ask questions like:
When shopping online, are you concerned about the price or shipping?
Do you have a plan to purchase a car?
The information you supply is bought. And every question you answer earns you money.
The money you earn from these surveys is stored on the app.
You can start redeeming your money when you reach a minimum of $5 using Amazon gift cards and $10 with PayPal.
Visit this link for more apps that pay you just for answering questions.
Paribus works with your email to monitor your shopping habits.
The app uses the data collected for marketing purposes. It determines the products that are brought your way, knowing how you shop.
The app monitors the purchases you make to know when the price drops.
When the price of an item you have bought drops, the app negotiates for a refund for you.
Therefore, your earnings with this app are based on the price of items – when it drops, you earn- and your shopping habit.
5. Screenwise Panel
Screenwise Panel is another app that lets you earn money from your browsing history.
If you are okay with sharing information on your browsing history, you can earn money while sharing this information.
Google sponsors this application in partnership with GfK.
The program requires you to install Goggle Chrome. Afterward, you will install a browser extension to the devices in your household.
You can have a portable meter installed on your smartphone devices.
By signing up, you will be rewarded with $8 after seven days.
And if you do not opt out of the program, you will get $2 every week. You can keep earning this amount as long as you stay put.
6. Panel App
The Panel App is concerned with your shopping habits, what you like and dislike, and what you are want to buy. It gets this information from your locations.
The essence of this information is to learn how you shop to serve you better. They improve their marketing plans and tailor marketing to individual preferences.
So, when you install the app, you have to enable GPS tracking. You can improve your earnings with location-based surveys.
You can decide to do nothing and still earn money. All you have to do is keep the app installed on your phone and allow GPS tracking.
You can earn up to $75 per year with this app. Whatever points you earn can be redeemed for prizes at Amazon, Target, etc.
7. Mobile Performance Meter
Mobile Performance Meter is interested in your battery life, call and messages, and internet browsing behavior.
You will be sharing information on the length of your call and the number of messages you send.
It also requires you to share information on the length of time you spend on the internet and your battery usage.
However, it does not mean that you will have to share information on your dealing like text message and emails, images, or phone conversations.
When you download the app, you start earning money, up to $8 per month.
This app is built specifically for Android users.
UpVoice is another popular app that will pay you for the ad on your social media feeds.
The app works by capturing the ads and giving you points.
In other words, you just have to use social media platforms and make money while doing that.
There is a lot more you can do to get more points on the app.
The app features 300 tokens as bonuses for signups and lets you get 10 tokens daily just for visiting your social media platforms.
You will do these things ordinarily, and now, you are getting paid for them.
If you reach a milestone, you get bonuses.
And when you refer your friends and family, you also get extras. You can earn over $175 every year with this app.
The token you earn from UpVoice can be redeemed for e-gift cards.
FusionCash will use your information for market research.
They gather your information by making you sign up for surveys and free offers.
For each offer, the platform pays between $0.05 and $5.
Aside from paying you for surveys and free offers, they also pay you to post in forums, follow Twitter accounts, and complete profiles.
You can also earn money when you refer your friends.
Payment in this platform is easy as they respect your privacy.
Several payment methods do not require you to use your credit card. Payment can be made by bank deposit or via PayPal.
10. Savvy Connect
Savvy Connect is another legit platform that you will enjoy if you use the internet a lot.
If you are a regular internet user, this platform is for you because you will get paid while you do what you do on the norm.
There is no work involved in using this app. All you have to do is install it on your phone and continue using the internet as you have always done.
With this app, you earn money as you surf. This app can pay you up to $180 in a year.
Making Money from Your Data FAQs
Are There Apps That Pay for Doing Nothing?
Some apps will pay for doing what seems like nothing because there are no active tasks involved for you.
These apps collect your personal information when you install them and permit them to do that.
They pay you because they need the information for their marketing. If they do not pay you, they will get it anyway but at a higher cost.
Visit this link for examples of some apps that pay you for doing nothing.
How Does the Process of Making Money From My Data Work?
The process is easy.
You will have to download some of these apps, depending on which one you prefer. Then you will agree to share specific data.
The data required may differ with some app.
While some apps will require information on your location, some may need your call and message length and so on.
If you are comfortable sharing the required information, you allow it.
You share this information, and you earn money for it.
The money is not enough to make you quit your regular job, but it is an excellent source of extra cash, especially as you have little or work to do.
How Much Can I Make From Sharing My Data?
The amount you will make depends on the app you are using.
Each app pays differently. The amount you can make will also depend on the information you share.
On average, you can earn up to $15 per week on some apps.
You may choose to use more than one app to get more money from selling your data.
Who Will Buy My Data for Money?
Marketers and advertisers will pay you to get your data.
These companies and agencies need your data for their businesses to thrive.
Therefore, they will be willing to make payment for it.
Which App Pays the Most for My Data?
The apps listed in this article pay well to have your data.
You may choose to use an app that has a unique payment method that works with you.
You also choose the one you think will fetch you more money.
The money you earn from these apps is little. Therefore, you can combine apps to make your earnings better.
Which Apps Will Pay Me for Just Installing Them?
Several apps will pay for just installing them. Some of them listed here are SavvyConnect, Data Coup, and UpVoice.
All these apps need is to run in the background. You don’t have to do anything or carry out any further actions.
The apps will do everything needed and pay you for installing.
Visit this link to check out the apps that pay you just for installing them.
As this article has revealed, it’s indeed possible and even easy to get paid for your data. This article also revealed the list of companies and apps that really pay.
These apps will pay you for your data. However, you have to be careful of the app you install on your phone and computer.
Ascertain their authenticity and be comfortable with the information you are sharing before using them.