This is a very detailed and helpful Panelbase review, especially for those looking into making money taking surveys online.
One of the most popular ways of making online is by sharing your thoughts and opinion. You will be provided by surveys and after you fill them out, you will get paid.
There are lots of paid online survey companies and platforms out there that ensure this happens.
Most of them are research websites that seek information that is used to improve products or services.
These platforms recruit everyday consumers like you to express their sincere opinion on a topic related to the use of a product or service.
One of such platforms is Panelbase. It’s easily one of the best ways to make money online without having to pay anything. You earn by simply sharing your thoughts and opinions.
Keep reading for lots of things you should know about this research website and how to make money taking surveys with them.
Most especially, you will get answers to the most frequently asked questions about Panelbase.
What Is Panelbase?
Panelbase or Panelbase.net is a website that rewards members for participating in different types of market research studies.
Members of this site are offered with the opportunity to make money after they share their opinion on a wide range of products and services.
Panelbase.net was launched in 2005 and it one of the fastest growing online research communities.
It is owned by Dipsticks Research Limited – a market research agency based in the UK.
This company works with the best companies around the world by helping them conduct market research and provide them with data they can use to improve their brands.
The companies that have benefited from the opinions shared by Panelbase members cut across various industries and organizations like publishing companies, manufacturers, film studios, advertising agencies, event planners, public service providers, etc.
So, it is not surprising that well-known brands like ITV, BBC, Marks & Spencer, Virgin Radios, and many others have benefit tremendously from the opinions of Panelbase.net.
Also See: Legit Ways To Make Money Shopping Online.
How Does Panelbase Work?
You surely would like to know how Panelbase works. Well, this is how this panel works.
You sign up to become a member. Once you complete your registration, you can start participating in surveys and getting paid.
The surveys sent to you are based on the information you have shared in your profile.
After you have completed the surveys, you will receive rewards for participation and for the answers you have provided.
You can choose from three types of rewards.
These are cash deposits straight into your bank account, vouchers of shop free items from top stores or retailers, and you can donate your rewards to your preferred charity.
What Does It Cost to Sign Up Panelbase?
Panelbase.net is absolutely free. You don’t pay any money to become a member of this online paid survey site.
All you need do is simply click on the “Sign up Now” button to start your registration.
Once you complete your registration and your account is verified, then you will receive a bonus reward of 3 British Pounds credited to your account.
Yes, this is automatic and you can use this money to get started.
Who Can Sign Up With Panelbase?
To join Panelbase.net and start making money from the survey, you must be at least 16 years old. You must also be a resident of the UK.
Panelbase is a UK-based community and hopes to extend its research opportunities to other countries in Europe, Canada, and the USA in the future.
Apart from age and location, a member is expected to have access to a mobile phone or landline, and to the Internet.
Members are expected to participate in a variety of research via telephone, SMS, focus groups, postal, product testing, or the Internet.
Also See: How To Get Paid To Read and Write Reviews!
How Do I Cancel My Panelbase Membership?
If you are no longer interested in participating in surveys from Panelbase.net you can unsubscribe and deactivate your account at any time.
Please note that your rewards would be forfeited the moment you deactivate your account. The process is not reversible.
What Are the Panelbase Research Surveys?
Panelbase invite members to participate in different kinds of interesting online surveys.
These include telephone surveys, postal surveys, mobile surveys (SMS and WAP), focus groups and product testing.
You are rewarded for your time and opinions after participating in any of these surveys. Fair enough, these surveys usually last between 2 and 20 minutes.
What Are the Topics of the Survey Offered by Panelbase?
Panelbase offers surveys on different topics. The topics vary from project to project.
How Does Panelbase Send Surveys to Members?
Panelbase sends out survey invitations to members in different ways. These include email, SMS, telephone, and post.
Whether you are participating via the Internet, Focus Groups, Product Testing, or Postal, you will get your invitations in any of the options mentioned above.
What Is the Average Time to Spend on a Survey?
The length of time to complete a Panelbase survey varies. Some surveys are definitely longer than others.
On average, most members complete their surveys between 5 and 10 minutes. In general, surveys could last between 2 and 20 minutes.
Also See: How To Earn Easy Money Just Reading Books.
How Can Members of Panelbase Receive More Survey Invitations?
Basically, if you provide complete and up-to-date information in your profile, then you will increase your chances of receiving more survey invitations.
Panelbase also sends you more invitations if you answer more survey questions during and after the registration process.
Do Members of Panelbase Participate in Every Survey Invitation?
You don’t have to answer every survey invitations.
However, you will increase your chance of getting more surveys in the future if you respond to all the surveys sent your way.
Of course, Panelbase wants its members to always remain active on the platform.
What Is My Reward for Completing the Panelbase Survey?
You will receive cash rewards completing Panelbase surveys.
The cash range from £0.25 – £10.00 for a successfully completed survey.
However, some surveys have cash rewards of up to £50.00 (depending on survey duration and complexity).
When Is the Reward Added to My Panelbase Account?
Rewards are automatically added to your Panelbase account once you have successfully completed a survey.
By this time, all the results must have been verified, the surveys closed, and your status changed from ‘pending’ to ‘complete’.
The process can be completed within 7 days of the survey being closed.
How Does Panelbase Pay Rewards to Members?
If you started earning rewards as a Panelbase member, then you are expected to reach a minimum threshold of 10 British Pounds before you cash withdraw the money.
There are three options to withdraw your money and these are:
- BAC – the amount you earned is paid directly into your bank account.
- You will receive vouchers of retailers like Compliments or Love2Shop. These are sent to your registered address.
- You can donate your earnings to your preferred charity. Specifically, you can donate to OxFam, World Wildlife Fund or British Red Cross.
How Do I Win a Prize Draw by Panelbase?
Panelbase offers a monthly prize draw for members to participate and win up to £50 in the Panelbase account.
Panelbase members who have completed a survey would be rewarded while those who did not complete their surveys would be screened out.
This is especially those whose profile did not match the surveys they have responded to.
However, members who have been screened out are offered another opportunity to get rewards. This is via the monthly prize draw.
According to the site:
“Panelbase provides every member with one entry into the monthly prize draw for each survey that they respond to but are screened out of as a result of not matching the required profile.
The lucky winner receives £50 into their Panelbase account so even by responding to a survey and being screened out, you still have a chance of being rewarded.”
How Am I Contacted for Winning the Prize Draw?
If you are a lucky winner of the monthly prize draw, Panelbase.net will contact you directly and congratulate you.
They will also arrange for your prize to be delivered to your preferred address.
Will Panelbase Reward Me for Inviting a Friend?
You will be rewarded with £0.20 for each friend you successfully bring into the Panelbase community.
All you need do is visit the “recommend” page within your account to send your friends a direct email inviting them to join Panelbase.
Also See: Apps for Making Legit Money On The Internet.
What Are the Good Reviews of Panelbase?
The following are the good reviews of members about Panelbase.net:
Joining Is Free
You don’t have to subscribe for membership and you don’t have to pay any money to become a member of Panelbase.
With your email address and password, you are good to go.
Setting Up an Account Is Easy
You don’t have to undergo a complex process during your registration.
Once you have filled in all the basic information about yourself, Panelbase will verify your email, and your account is set up.
You can then login and log out whenever you want.
You Get Rewarded for Participating in Surveys
Panelbase rewards members for their time and effort in answering survey questions.
Your opinion is not wasted as it is useful for marketing research. All you need do is take your time to provide valuable feedback.
You will your reward and choose to cash out by cash, vouchers or donations to charity.
You will also get the chance to win huge cash in the monthly prize draw.
The Surveys Can Be Completed Within 10 Minutes
It doesn’t take an eternity to complete surveys from Panelbase.
You will get to spend from 2 to 20 minutes filling out a survey. One the average, most people spend between 5 and 10 minutes to fill out a survey.
Your personal information is highly protected and would never share, lend or sell your personal details to third parties.
Members who have been screened out can win rewards through the monthly prize draw
What Are the Bad Reviews of Panelbase?
There are positives to the use of Panelbase. However, there are still negatives to this system.
This is not surprising since no system is perfect – and Panelbase is not exempted.
The following are the bad reviews about Panelbase from some members.
Surveys Are Not Always Available
The surveys sent to members are not always available.
So, this will limit the money making opportunity for most people.
Panelbase will only notify you of surveys when they are available. It could take months before you get such notification.
You May Not Qualify to Take Surveys
When surveys are available, you may still not qualify to take them because of your profile details.
Also, you have to undergo a test to know whether you qualify for the surveys before they are sent to you.
Of course, frustration can set in if you went through the tedious testing process and only to be told you are not qualified for Panelbase surveys.
You Have to Be Resident in the UK
If you are interested in getting rewards from Panelbase, then you must live in the UK.
This is a disadvantage for those who live in other parts of the world. Hopefully, Panelbase will soon accept members from other countries.
You Get Paid a Paltry Sum for Referring a Friend
Unlike some other survey sites, the earnings you will receive for inviting a friend to participate in Panelbase is just £0.20.
Is Panelbase a Legitimate or Scam Survey Company?
Panelbase is definitely one of the legitimate online survey websites that really pays people money for taking surveys.
However, I will not recommend it for people who want to steadily get paid surveys. Its restriction to only UK residents is a great turn off to me.
Reviews of other Companies That Pay You For Different Fun Activities
Below are review of some more companies that pay you for doing different fun activities that you would even do for free. With these companies you join for free and get paid to view ads, watch videos, listen to music, share your thoughts and opinions, etc.
- Survey Junkie
- Prolific Academic
- Survey Rewardz
- MWR Life
- Panel Place
The above is all you should know about Panelbase and how to get the best results, especially when it comes to making money taking surveys.
It is one of the genuine online survey websites out there that really pay.
It pays members for taking part in the surveys sent to them. However, there are cons about this panel that should not be ignored.