There are a lot of ways to make money online and one of them is through answering surveys. Now, one of the sites that offer that kind of opportunity is 20|20 Panel.
For this review, I’ll be discussing if the website is a legitimate survey site that really pays you for completing surveys or just a scam. But first, let us talk about what is the 20|20 Panel website.
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What is 20|20 Panel?
The 20|20 Panel is a research company that has been around since 1986. They conduct both online and face-to-face qualitative and quantitative research.
For someone like you who is looking for opportunities to make some money, 20|20 Panel provides you with a lot of ways to earn.
You can participate in surveys only, or surveys with online chat interviews. There are also online discussions and even in-person study.
Each opportunity you participate in will allow you to earn rewards. But this opportunity is not like the other websites that offer cash for answering a survey.
Registering on the site won’t automatically allow you to participate in any studies that they have, as your profile would have to first fit before you become part of the study.
Who Uses the 20|20 Panel?
Since 20|20 Panel is a research company, there are two types of groups who are using the website, firstly people like you who are looking for opportunities to earn online and the other groups are companies or marketers who are looking for research data and information that can help improve their businesses.
For advertisers, marketers, and companies, 20|20 Panel promises to provide them meaningful and easy to understand insights and information coming from the qualitative researches they conduct.
The website promises to meet the goals of their clients and deliver results that are valuable and insightful, helping them make proper business decisions.
20|20 Panel makes use of its decades-long experience and knowledge in the research industry to provide their clients with great research results.
They combine their old knowledge and methods with new technology to provide a unique result. For people like you, the website offers a great opportunity to earn something for participating in surveys and studies.
You can get paid in prepaid MasterCards or virtual Visa cards. The website also has a point system that you can exchange for gift cards from Amazon, Target, and more.
The key to participating in a lot of studies they have, is to completely answer your profile and keep it updated.
How Can You Earn Money From 20|20 Panel?
20|20 Panel does two types of research, the qualitative research, and the quantitative research. The qualitative research involves finding out why consumers are behaving the way they do and can be done both online and offline.
For offline studies, this can likely be in the form of in-person discussion, where you will be required to go to their office located in Charlotte, NC; Nashville, TN; or Miami, FL.
If you don’t live near these areas, this opportunity won’t likely be offered to you. For online studies, you can participate in online discussions, where it can take 30 to 45 minutes a day and probably lasts for a few days.
The style of this study is like a forum, where you will answer questions asked by the moderator whenever you log-in.
You can also participate in online webcam discussions, where you’ll either participate with several other panelists or by yourself. The discussions can take 30 to 90 minutes a day and could likely last a few days as well.
The good thing about online studies is that they can be done at comforts of your home, you just need to have a computer or laptop, a good internet connection, a webcam, and a good headphone with a speaker.
You can get paid anywhere between $50 and $350 for completing a qualitative research. But aside from qualitative research, 20|20 Panel also has quantitative research, where they will send a quick survey for you to answer.
Surveys can earn you either $1, $5, or $10, depending on the survey you are answering. The company also has surveys that offer a chance to have an online interview.
For this opportunity, you first need to answer a survey to see if you qualify or not. If you qualify and a moderator is available, you will be contacted for the chat interview.
If you qualify but no moderator is available, you will be exited from the opportunity but you will still get points, if they are offered, for completing the survey.
Now, if you don’t qualify, then you won’t get the opportunity. But you will still earn points, if they are offered, for completing the survey.
Aside from participating in studies, 20|20 Panel also has raffles, which you can participate in if you are a member. The raffles are conducted through their Panel Facebook Page.
For completing surveys or studies, 20|20 Panel can pay you with gift cards or points that you can exchange for other rewards.
If you live nearby one of their three offices, they can pay you with pre-paid MasterCard gift cards. Otherwise, they will pay you with virtual Visa card that they will send via your email or a physical card sent to your home address.
Gift card incentives will expire after 6 months. Aside from gift cards, you can also earn points that you can exchange for other gift cards coming from companies like Amazon, Target, iTunes, Starbucks, even PayPal gift cards, and more.
The points are valid for up to 18 months only. To participate in the studies you will first need to register at 20|20 Panel’s website.
Now, this is not like other opportunities where you will only need to provide your name and email address. You will be asked a lot of questions and these additional questions are basically for completing your profile.
It is important that you completely answer them truthfully. 20|20 Panel will base the kinds of studies you can participate in from your profile, so it is advised that you regularly update them,
Once you have completed your registration process, you can check the website for available surveys. But most study opportunities will be emailed to you if you pass the first screening.
20|20 Panel usually screens their members through their profile. The email will contain the details of the opportunity that you might participate in and the rewards being given.
They will usually send out a pre-qualifying survey to see if you can participate in the study. If you qualify and there are still open slots available, then you can join the opportunity.
A representative from 20|20 Panel will get in touch with you via phone to confirm your information and be scheduled for the study.
What I Liked About 20|20 Panel
Now that we have an idea of what 20|20 Panel is and how it works, it’s time to discuss what I liked about the website.
- Probably the best thing that I liked about 20|20 Panel is that you have an opportunity to earn big if you qualify for the qualitative studies. These studies can earn you as little as $50 and as high as $350.
- You are assured that they are one of the most legitimate survey companies out there, considering that they have already been in the industry for more than 30 years.
What I Disliked about 20|20 Panel
Not everything, though, is good with 20|20 Panel, as there are also things that I didn’t really like.
- My biggest complaints with 20|20 Panel is that it is kind of hard to participate in the qualitative research. There’s really no guarantee that you will get accepted, even if you pass the pre-qualifying survey since slots are limited.
- Another complaint that I have is that you cannot answer surveys outright after joining. You have to wait until they have available surveys that your profile is qualified for. This makes it hard to consistently earn from 20|20 Panel.
- There’s really no way to increase the number of surveys you can qualify for, except for regularly updating your profile.
Is 20|20 Panel A Legit Survey Site Or A Scam?
Yes, 20|20 Panel is a legitimate survey site that you can really make money from it by completing surveys and participating in studies.
The company has already been in the research business since 1986, so they have already been doing this for more than 30 years. Their longevity is already proof that they are not just out to scam people.
So by registering on their website, you are assured that you are joining a legitimate research company, offering legitimate surveys that will really pay you.
Do I Recommend 20|20 Panel?
As much as the company is legitimate and the pay for participating in a study is high, I don’t really recommend it, especially if your goal is to make a decent extra income online.
As high as their pay is, the chances of being eligible to participate in that kind of study is very slim. Aside from qualifying for the study, you also have to beat out other people who are also qualified, since the slots are limited.
So you can qualify for a study but still not be able to participate because someone was faster than you in answering the survey.
The pay is good and legit, but since it is hard to qualify, you are better off looking for a different opportunity.