Is Panel Station Legit Or Another Big Waste Of Time?
Welcome to this review of Panel Station. No doubt you’re here to find out Is Panel Station Legit? Can you make money with this website? I’m going to get right into this brief review of Panel Station and I will also discuss my recommendation that’s better than filling out surveys online. By the end of this review, you’ll have a better understanding of the best way to make money online that will provide income well into the future.
Is Panel Station Legit – What Is Panel Station?
Panel Station is a survey platform that rewards members anytime they complete surveys and is an online community of consumers regularly participating in various market research surveys. On taking surveys, consumers’ information is acquired by survey sites (also known as online research panels) and sold to third parties. The third parties that purchase this information are companies that make use of the data, and analysis obtained from survey platforms is used to create new products or improve existing products.
Participants receive a portion of the profits as a reward, and the rest of the profits go to the survey site. A lot of people spend most of their time on the net, and I doubt if this new way of life will change anytime soon. Survey platforms see this behavior of increased time spent on the internet as an opportunity to make money for yourself. Instead of taking random surveys on the internet, survey sites will offer you surveys to partake in on their website.
About Panel Station
Panel Station is a survey site owned by a reliable digital marketing product and solution firm called Borderless Access Panels Pvt. Ltd. Although this company is located in India, Panel Station is not a scam. Panel Station can be accessed in 20 different countries across the globe. Looking at this platform for the first time, the website looks neat, and navigating the site is very easy.
Although this point is not of crucial importance, having a professionally designed site can be a good sign. It tells us that the platform is careful when it comes to creating a good impression. It also shows that they are interested in giving an enjoyable user experience and they did an excellent job with the platform’s interface.
How Does Panel Station Work
Registering on Panel Station is
Usually, you will receive 2 surveys every week and you will receive points after completing each survey. Points given range from 100 – to 5000. Most surveys, however, will take about 15 minutes to finish, and you can earn between 400-500 points when you are done. 600 points amount to 1 USD. So you will make about $0.75 anytime you complete a survey, which usually lasts for 12 minutes. That’s about a $3.75 USD per hour rate. This is higher than normal for a survey platform
However, the amount of money you can make can vary depending on the surveys you receive, as well as your demographics. Another thing to know is that you can be disqualified anytime when taking a survey. Ensure you do not participate in the same survey twice. Answering questions too fast is another thing that can get you disqualified. Being disqualified when close to finishing a survey can be very disappointing.
Claiming Rewards On Panel Station
You need to earn at least 3000 points to claim your reward. That’s about $5 USD, a small amount, but claiming your money won’t take time. You can redeem reward points for cash through PayPal or exchange them for retail e-vouchers or Amazon gift cards. For whatever reason, if the voucher you requested is not available, Panel Station will provide another voucher with the same value.
Members can redeem points earned for monthly sweepstakes entries. The process takes time. Receiving a reward may take about 6 – 8 weeks, and the platform claims the long duration to claim rewards is for security purposes. I don’t like the fact that it takes 6 to 8 weeks to get your reward. In my opinion, Panel Station needs to find a way to shorten the time you have to wait to receive your reward. Panel Station is similar to other legit websites I’ve reviewed on this blog such as:
Pros And Cons Of Panel Station
Pros:
- Worldwide availability – This platform is available and accessible in over 20 countries globally.
- Surveys aren’t that long to complete, and their pay rate is above average
- Simple interface. The panel station offers members a user-friendly interface. You can navigate through the site without stress. The design is fantastic and it provides a beautiful user experience.
- Consolation points – you will receive 20 points when screening out of a survey.
Cons:
- Limited surveys – you will not receive plenty of surveys on this site; just 2 surveys each week.
- Payout takes time – you will have to wait for 6-8 weeks to claim your reward. You will be rewarded, but the wait time can be annoying.
- Disqualification – this is a big drawback. You need to be extra careful when taking surveys if you don’t want to be screened out.
- Panel Stations has over 2.7 million active users, so if a glitch should occur, keeping all users happy will be a difficult or impossible task. Regardless, we have seen some survey sites offering better customer service to their members.
- Customer service – most of the negative review reports the platform to have bad customer service. No one likes poor customer service, but this is a common trait with survey platforms.
- Although Panel Station is legit, there have been several complaints from users around the world.
- The majority of reviews are negative and seem to center around points disappearing and problems with surveys being completed.
These are the reasons why I never recommend survey sites as a reliable source for making money online. There are just too many things that can go wrong that you have no control over, and that’s unacceptable to me.
Is Panel Station Legit And Is There A Better Option
The Panel Station is not a scam, and it offers a lot of attractive features. It is a legit survey
I don’t think this is a deliberate act, but it does make one lose trust. From the reviews I have come across, a lot of users are confident and enjoy using this platform, however, there are several negative reviews from members
Since the Panel Station is legit, you can give it a try without worrying if it’s a scam. However, 2 surveys per week will not bring in a decent amount of money. Understand this point: survey websites were not designed for people to make large sums of money. You’re not going to replace your full-time income or start to create wealth by spending a large amount of time filling out surveys.
The best you’re going to make is pennies the dollar because payments from completing surveys are so low. However, if you want to create a life-changing income for yourself and your family, my recommendation to you is to build your own affiliate marketing business with Wealthy Affiliate.
Build Your Own Affiliate Marketing Business With Wealthy Affiliate
The best thing you can do for yourself and your family in this age of COVID-19 is to build your own online business. With your own business, YOU are in control and YOU can determine how much money you eventually want to earn online. What I like about Wealthy Affiliate is the owners Kyle Loudon and Carson Lim have made it as easy as possible for the ordinary person to learn how to make money online. Take a look at what some current Wealthy Affiliate members have to say:
The choice is yours, my friend. Before you decide that this is not the right time or you’re “too tired” or you have “other commitments”, consider these words:
“If you do what you’ve always done, you’ll get what you’ve always gotten.”
The above words from the late motivational speaker Jim Rohn, are a fact of life. You have to decide to participate in your financial rescue. What exactly does that mean? It means that you are going to have to put in the necessary work to build a profitable online business. When you see “business opportunities” that promise quick monetary rewards and fast results with little or no work, they are LYING to you.
Unfortunately, most people want to make money online without having to learn how affiliate marketing works. Don’t let that be true of you. Look at what happened during the COVID-19 pandemic and how millions of families were not financially prepared for such an unexpected life-altering event. Individuals who had multiple streams of income through affiliate marketing weren’t adversely affected by the economic lockdowns.
Therefore, the question is: What Will YOU do? I’m fully convinced I’ve made the right decision by building my business with Wealthy Affiliate…
What are you going to do?
Talk soon,
Howard
