Palm Research Review: Is it worth the hype?
Today I am taking a look at another online survey platform to find out whether it is worth your time.
There are so many survey sites online so it can be difficult to decide which ones are the best ones to sign up to. By reading in depth reviews like this one you will get a good idea of what the site is offering its members.
What Is Palm Research?
Palm research is an American based survey platform that offers numerous survey opportunities to its members.
Palm Research is a California-based consumer research company that offers numerous survey opportunities to its members. According to the Better Business Bureau (BBB), the company was established in 2007 with its headquarters in San Diego. However, their online venture straightened out in the early months of 2009.
The company has grown to become one of the leading survey sites in the industry, offering market research solutions to major brands, and has helped in shaping and re-developing products before and after their release into the market.
The company accepts applicants from the USA, Australia, Canada, UK and Germany, and other selected countries worldwide.
The sign-up process is straightforward. The minimum age requirement for applicants interested in joining this platform is 13 years.
You are only required to provide your name, location, and email address. You are also required to complete your profile by providing general information about yourself, including marital status, income, age, and gender.
Palm Research uses this information to award survey opportunities to the most qualified members.It is therefore advisable that you complete your profile by providing all the necessary information to increase the chances of getting more survey invites.
Most survey sites offer a sign-up bonus to new members. However, this is not the case with Palm Research. Although there is no problem with the platform not offering a sign-up bonus, it would be a great extra touch.
So how does it work?
The survey opportunities on this platform are categorized into:
1. Daily surveys
Palm Research guarantees its members at least 2 surveys per day under this section. The surveys are short and easy, and only takes a few minutes to complete.
Most of these tasks pay between $ 0.70- $1. This depends on the nature and complexity of the job at hand.
2. Open Surveys
Apart from the daily surveys, the company also offers Open /ADHOC surveys to its members. These offers target a more specific group of people, and they pay more than daily surveys.
There is no limit on the number of tasks you can complete in a single day.
The minimum payout threshold is $10, and you can only receive payment 45 days after the monthly payment processing. This is quite a long period of time compared to other similar survey sites.
The platform offers two payment methods including PayPal and personal check. The amount of money you can make on this site totally depends on your demographics. The company distributes jobs available based on your personal profile, and you may end up being locked out of surveys that don’t match your profile.
So what are some of the merits and demerits of joining this platform?
P r o s
-It is free to join
Registration and membership is absolutely free. You are not required to pay any amount for your application to be accepted.
-It is a legitimate site
Palm Research is a legitimate survey site that has been operational for close to a decade, offering thousands of opportunities to members across the globed.
– Simple surveys
Most tasks are short and easy to complete. You will only spend an average of 10-15 minutes on a single survey.
-Multiple withdrawal methods
Members can either receive payment via PayPal or personal checks.You can select any method that works best for you.
-Accepts international members
Palm Research is an open platform that accepts applicants across the globe. There is no restriction on the basis of geographical location.
-It has a Referral program
You can increase your earnings on this site by referring new members to the platform using your unique referral link. Palm Research pays 10% commission on all your referral’s lifetime earnings. The best way to earn money through referrals is by having a website, and putting your affiliate links on it.
-Rewards its members in in cash
Unlike other sites, Palm Research offers cash rewards to its members. It is quite simple and convenient to keep track of your earnings compared to the point-based reward system.
– Generally easy to use and navigate website. This is always a plus when you want to get to surveys quickly.
C o n s
-Long payment period
The payment period is very long. Members have to wait for 45 days to receive payment after the end month processing. Some members also complain delay in payments even after the waiting period elapses.
-low earning potential
Most surveys pay between $0.07- $ 1.You cannot depend on this platform to pay your bills.
– Limited survey opportunities
The survey opportunities on this platform are not enough to sustain good withdrawal amounts. This is partly due to geographical and profile information provided during the registration process.
The company only avails offers based on the data provided. Some clients may also have their own preferences on who to handle their survey offers. This may be discouraging to many freelancers on the site since. You should therefore not expect to earn a lot from this site.
– Poor Customer service.
Despite the numerous complaints about payment, the company has done very little to solve or address the issue. Most members still complain about missing earnings or delays in payment.
– Lack of privacy
The company collaborates with other survey sites such as the OTX & Surveyhead to offer a consistent flow of survey opportunities to its members. When you click on some of the tasks offered, you may be redirected to several other links before you can successfully access the offer.
– High age limit
Even though the site accepts applicants aged 13years, almost all survey opportunities require adult members aged 18 years and above. This locks out young applicants who may wish to get take part in some of the surveys offered.
-No sign up Bonus- Would be nice to offer this an an incentive for new members.
Palm research is certainly not a scam. However, just like most survey sites, the site is no different. The amount of pay per task does not correspond to the effort required to complete the tasks offered.
For instance, it not worth spending 15 minutes on this site only to receive $ 0.07. This is not only frustrating , but also time-consuming.
The minimum payment threshold stands at $10.To meet this threshold, you are required to complete more than ten tasks successfully. To make matters worse, members have to wait for more than a month to receive payment.
Putting all these factors into consideration, I think it might be wise to consider other survey platforms before this one.
Maybe you know different and have had good experiences with this platform. Let me know in the comments below.