Internet survey companies are a dime a dozen. Some are “fake” in that they serve only as a front for collecting valid e-mails. Others are valid data collection agencies, but without any true benefit to those surveyed. Finally, there are some that provide benefits to both their customers – the companies seeking information – and also to their members – those contacted to complete a given survey.
Let’s examine one known as “Lightspeed Panel.” I’ve been a member of this company’s survey panel since 2004, with varying participation, and it has become a much fairer “partner” in the survey process with more frequent surveys, higher reward points, and easier claiming of points awarded.
Depending upon your demographics and the state of its business, Lightspeed Panel can vary in the frequency of its visits to your inbox. You might receive perhaps two invitations per week or six per day. If you screen out of the survey, you supposedly are entered to win yet another one of those unwinnable prizes. Also, don’t begin one of their surveys if you might not be able to finish it entirely or you have an “iffy” signal on your smartphone or laptop: any survey paused before completion is lost to history.
When you finally accrue a minimum of 1,100 points, you are able to log onto the Lightspeed Panel website, and request a $10 check, the same amount via PayPal, or the same amount as an Amazon.com certificate. In addition to the points that you may exchange for money, you also receive lottery entries for opportunities to win larger prizes. As I’ve never been the recipient of such a prize, I can’t speak to that aspect of their offered program.
In addition to the “general” Lightspeed Panel, you also have the opportunity to join the “Elite Lightspeed Opinion Panel” on the website via using a link to the top right.
Thus, Lightspeed Panel is a valid survey company that for the most part fairly reimburses their members.