Company: Opinion Panel
Income potential: £1-2 per survey, focus groups, (£30-£70), £10 for signing up.
Overall Rating: 65/100
What Is Opinion Panel?
Opinion Panel is a survey site that has the unique feature of being specifically aimed at students or graduates aged 16-30 in the UK, (that is, if you’ve graduated in the last 5 years).
You also have the opportunity to take part in focus groups – which may pay between £30 and £70. These will be a rare event for most however.
As students are generally pretty hard up – survey sites are very popular among them anyway, as a way of possibly generating a bit of extra cash.
So, the fact that this site is aimed at them directly at students is a good idea.
Once you register with opinion panel, if you’re a student they give you £10 for signing up. This is certainly a good incentive but you miss out if you’re a graduate!
…however, you will have to reach a £25 threshold before you can actually pay out.
Unlike many survey related sites, they do also compensate you if you get screened out of a survey, by putting your name in a prize draw for a kindle,
(that said, I’m sure you’d just prefer the cash! The odds of winning that prize will be slim!!).
How Much do you make per survey?
Once you sign up, you’ll need to wait for surveys to be sent to you. There has been some criticism that there is a lack of surveys, so you probably won’t be over run!
For each survey you complete, you make between 1-2 points per survey, (each point is representative of £1) but surveys should not be longer than 20 minutes tops.
You need to reach 25 points to withdraw, (£25). However, but the only option reward wise is amazon giftcards – there isn’t a cash option at this time.
If you’re not a student any longer, you can earn bonusbond vouchers rather than amazon vouchers. These are paper vouchers that they send you and can be used in hundreds of high street shops.
You can also earn money by joining focus groups and these may be via text, or rarely in person.
You can earn between £30 and £70 so, these would certainly be a reasonable earner if you managed to get any.
Generally these will last somewhere between one hour and an hour and a half and you can do them from home.
If the group discussion is related to a product, you may be sent the product in the post to try out too – so, that could be an additional freebie.
Write For Opinion Panel
If you are a keen writer, you may want to attempt to write for the opinion panel blog.
You need to think of something that reflects current issues and that you think would interest Opinion Panel readers.
Your post would need to be under 700 words… but if they pick you, you can make £50.
PROS VS CONS
- £10 just for signing up, if you’re a student.
- Focus group opportunities for more money.
- Fairly short surveys.
- Prize draw entries if screened out.
- Possibility of writing for them, £50.
- Attractive layout, easy to navigate.
- Fairly short surveys.
- £25 payout threshold is quite high, (that is after your first initial payout).
- Low earning potential – but that’s the case with all survey sites.
- limited surveys.
- Regular screening out.
Common complaints against Opinion Panel….
There are two common complaints.
These are – that not enough surveys are sent out and that screening out rates are high.
That means, you start a survey but as some point are thrown off because you “don’t qualify.”
Screening out is a major problem with a majority of these sites, so this is no surprise.
While Opinion Panel provide kindle prize draw entries to people that are screened out, it’s not much in the way of compensation when your time has been wasted.
What Is Opinion Panel – Scam Or Legit?
Opinion Panel is a legitimate site for students and graduates to earn a small amount of money online.
There is also the possibility of focus groups that can earn you more than simply taking surveys.
While it’s a nice idea to have sites aimed at students and that the £10 incentive is a good one, there isn’t that much about this survey site that makes it any more appealing to join.
At the end of the day… £1 or £2 a survey isn’t going to bring you in anything like a reasonable income on the side and it may take you a long time to build up enough to withdraw just £25 in amazon vouchers.
With the added screening out issue, the length of time it takes in reality is even more.
As I review a lot of make-money-online opportunities, survey sites are always going to be low down on the list in terms of earning potential – but I appreciate that some people find them an enjoyable way to pass some time.
If you haven’t already, check out my favourite survey site Swagbucks – as you can make money in a variety of ways, (shopping cashback, cash offers, videos) but you can also earn just by using their search engine, which takes zero effort!
Beyond Survey Sites – Is There Real Money To Be Made Online?
Millions of people are making full and part time incomes online and the best possible time you can start building your income online is when you’re a student!
By the time you graduate, you could have a full time income on your hands.
One way people make money online is via affiliate marketing – as it involves no direct selling, no customer service, no postage, no returns and so on, which makes getting started very cheap.
You can learn all about affiliate marketing here and get started for free.
Do you have much experience making money online – what have you tried so far?
Let me know in the comments!
All the best,
Other posts you may find interesting…
- Swagbucks – Great fun site, top survey related site.
- Cashcrate – A great referral program and some higher paying surveys.
- Slicethepie – Earn money for writing extra mini reviews and sharing your opinion on music, homeware, mobile accessories and fashion.
- Wealthy Affiliate Review – Learn how to turn any interest or passion into an online business, by joining this awesome online community.