Crowdology, found online at Crowdology.com, is a company that says their goal is to help people earn “a little extra” by completing paid surveys from home in their spare time.
As most people are aware, online market research is one of the oldest and most popular ways for people to make money extra money online, because the only work that is required is to just answer questions about your personal habits and opinions.
Crowdology says that new members can sign up to their service for free just by filling out a membership form and providing their demographic information.
How Does It Work?
When you sign up to be a Crowdology member, their website is very clear that the more information you provide to your profile, the better they will be able to match you with surveys and the more surveys you are likely to receive.
Their website says that the majority of the surveys you will be sent will take between two and fifteen minutes to complete, so they are easy to complete throughout your day when you are between activities.
Members who have PayPal accounts will be able to cash out their account when it reaches the minimum of $8.00, or if you are a member who prefers Amazon.com vouchers you will have to reach a minimum payout of $10.00.
Is Crowdology Legit?
When it comes to deciding whether or not an online market research company is “legit,” there are really two primary criteria that needs to be assessed: is it free to sign up and do they actually pay their members?
Because the answer to both of these questions is yes, it would really be unfair to insinuate that this company is any way not a legit market research company. That being said, prospective members who search for reviews on Crowdology will find some unhappy people.
This is because Crowdology makes a common mistake on their website, putting a lot of time and effort into promoting the fact that they do offer some surveys that pay as much as $10. However, the reality is that compensation for their surveys begins at $0.40 per survey, and this is much more representative of what you will actually earn working with this company.
This discrepancy has resulted in some unhappy members who believe that it is unfair or even unethical to ask them to spend ten to twenty minutes completing a survey for such a low payout.
But the truth is that this is actually pretty standard for most online market research companies, and the good news is that Crowdology’s minimum payout is low enough that many people might believe it is still worthwhile to work with this website.