What is Crowdology?
It is a survey panel that will pay you for each survey that you complete. It is free to join which means that there are not costs involved as with many survey panels.
The moment when a survey panel requests an upfront payment, then you need to run for the hills because it will very likely be a scam. You should never pay to get access to a survey panel even if it is very tempting to pull out your credit card.
Many people are searching for ways to make money online and most if the times they will stumble upon survey sites that will promise them a huge income which is might set them up for a disappointment later on.
How will you make money?
There are 2 ways in which you will make money with this panel and they are online surveys and their referral program.
1. Online surveys
The length of the surveys generally range from 5 up to 10 minutes and can sometimes be more. You will also get from $0.4 up to $10 per survey depending on the length of the survey.
It states on the FAQ section that the maximum is $10 per survey which made me a bit unsure whether this is the truth or not. I have completed a ton of surveys in my life and I have never came across a $10 survey that had a duration less than 30 minutes (which is the maximum duration stated from this website).
Maybe is the survey was 30 minutes in length then maybe it might have been more realistic.
2. Referral program
The referral program is where you can earn money by inviting people to this website. Some survey panels pay a decent $5 per referral, but this one only gives you entries to a price draw for a $10 Amazon gift voucher.
If some survey panels are willing to pay you $5, then I cannot see why I would invite people to this website for a “chance” to win $10.
The other problem is also that the website does not give you a referral link, but instead it will give you an opt-in box where you should give your friend’s details so that they can mail them. I am sorry but there are just too many steps that you need to take in order to get results.
How will you get paid?
There are 2 main ways in which you can receive your money. First you have the option of getting it via PayPal and also Amazon gift cards. You also need a minimum of £4 before you can get paid which is not that much.
How online surveys are not worth the effort
I have been involved with online surveys for a very long time which gives me an insider’s perspective on why I made such a bold statement.
Many people think that because survey panels are free to do, that there is no risk and that they will make a lot of money. The problem with this mindset is that you will never reach the type of income that you want with by doing online surveys.
If you need something to get the time by and you would also like to get paid for it, then survey panels can work in order to fill the gaps in your budget. However if you are interested in making money online in such a way where you can scale your income to the level that you want, then survey panels is not for you.
The reason for this is that you have little control over the quality and amount of surveys that the panel will send you which limits your earning potential with a survey panel. You must also ready yourself to get screened out a lot and I have had many surveys that screened me out just when I was almost finished with a 20 minute survey.
The maximum amount that I have seen someone make is $1000 per month and then that person was working more than 12 hours per day and his income was not growing.
Other survey panel reviews to read
Build a scalable and thriving business online
Most people are under the impression that they need to have a large capital in order to start with an online business. Heck, there was a time when I created a business with no prior investment, but the problem with not spending anything is that you will never own anything.
Do you need to create your own product or have a large monthly budget in order to start? No you do not because it will cost you less than $50 per month to start with. So how is this even possible?
I am very happy to say that Affiliate marketing is the answer. There are online companies such as Amazon which will beg you to sell their products. They will do the shipping and customer service part and all you need to do is to send people to their website.
If you manage to send someone that actually bought something on their website, then you will earn a commission for each sale that you made for them. This business model will also allow you to earn as much money as you want to earn and there are no limitations to the amount of money that you can potentially make.
Do you want to make $1000 per month or $2000 per day? Yeah I have actually met people that are making that much which are just insane. What is your opinion on Crowdology? Did they scam you and how much are you getting?
Leave a comment below as I would love you hear your opinion 🙂