Posts Tagged ‘Lightspeed Online Research Inc.’

Scam or Not: A My Survey Review

Gauging the opinion of the masses in an effort to improve one’s business is an age old practice. This is no less true in the online world. Ad servers would sometimes provide you with a short questionnaire to know what sort of ads should they show you; brick-and-mortar businesses are often seen holding polls in social media to get popular opinion from their audience; websites would ask you questions to regarding their latest layout to see if there is something that they can improve further; and so on and so forth. Now what if you can make money by simply participating in these online surveys? Well, that certainly is possible, thanks to online survey sites, and one that stands out in particular is this old market research site My Survey.

If you are on the hunt for sites where you can make money by merely answering surveys, My Survey will probably be one of those sites that will come up in your first few Google searches. Now you may have heard of survey sites that tend to mislead their members or make it difficult to answer surveys and make money, and you probably want to know if My Survey is any different. If that is the case, then keep reading as we will explore just what My Survey is, and if it is worth investing your precious time in.

Just the Facts About My Survey

My Survey has been around for quite a while as a market research company. It has been launched by Lightspeed Online Research Inc. as an online survey site in 1995, which is roughly 20 years ago and when the Internet is still in its toddler years. The premise is simple: answer surveys offered by the site, and you get paid an amount of money in the form of points, which is proportionate to the amount of effort that the survey requires to be completed. This is pretty much the model followed by just about every online survey site, and My Survey is one of the pioneers in the business.

Being a market research platform for third party companies, My Survey offers surveys in a wide range of topics, from ones sporting industry jargon to mundane stuff like sports. Despite this broad range of surveys, though, you will only typically get one or two surveys per week.

Is My Survey A Sham?

Survey sites are getting bad rep these days, as it seems most of them are plagued by the same technical—and likely intentional—issues that make life hard for their survey takers. There are even fakes that only aim to get your most sensitive information, which one of the reasons why it is hard to invest some trust into online survey sites. One thing for certain, though, is that My Survey is a legitimate online survey website. It promises to pay for every survey completed, and it certainly does. While there are certain conditions that you will have to meet before cashing out your points, you still end up getting your money in cold, hard cash.

Is My Survey Worth Your Time?

If you are looking for an opportunity that can earn you a full time income on the Internet, then I’m afraid to tell you that online surveys is not something that you should put your focus on. The same is true when it comes to My Survey. My Survey, just like every other online survey sites out there, is an extremely slow way to make money.

Surveys don’t really come often, especially to new members. Typically, newbies are invited to complete one survey in one or two weeks. Each survey, in turn, would pay you in points, which can be anywhere from five to 200 points. Long surveys tend to pay big, and could even net you that lucky 200-point reward. On the other hand, shorter surveys give you a small amount of points as a reward, and it doesn’t help that a lot of surveys in My Survey are short and can be quickly completed.

As mentioned earlier, there are certain conditions that you must meet before cashing out your points. Primarily, you will need to accumulate an amount of points equivalent to at least $10. Given that each point is equal to $0.001, you will need to gather at a minimum of 1000 points before you can get your money.

That said, My Survey is not something that you should avoid altogether. While it is a slow way to make money, answering surveys in your spare time and getting paid for it is not a bad deal. However, that will only be true provided that you do not run into one of the issues experienced by many of the site’s users.

One of the most common issues in the site is that some surveys have a hidden limit on the number of respondents, but does not restrict the amount of members that can partake in the survey. In other words, you can take the survey at any time you wish, but if you happen to complete it right after the responder limit has been reached, your activity is invalid and you will not get paid out.

This is a rather common occurrence, and while that certainly sounds bad, the site has worse issues. Most notable of this is the seemingly random automatic deactivation of accounts. Coincidentally—or maybe not—this tends to happen to users who have accumulated enough points to cash out. This is rather dubious, and casts further doubts on the site’s ability to deliver the promised pay outs.

My Survey may have roots from a well-established market research company. While it does pay out provided that everything goes well in the back end, it is plagued by the very same problems that most survey sites—especially the shifty ones—experience these days. It certainly is worth giving a try, but if you don’t want to risk getting frustrated with limited surveys or forfeited accounts, you might want to try something else.

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