A lot of companies conduct market research to help improve the products and services they are offering. They are willing to pay money to get people to participate in the studies that they do.
Prolific Academic takes advantage of this need by becoming the middle-man between participants and researchers.
The company hires people like you to be part of the research, whether it is answering surveys, undergoing tests, or participating in studies. They will pay you in cash for participating.
As for payment, the company seems to pay generously, allowing you to probably make about $50 or more with this opportunity per month. But is this really a legit opportunity or just another scam to get your information?
You can also check out the step-by-step training that helps me earn over $10,000+ per month working from home.
The Prolific Academic Website is a Legit Opportunity to Make Money
Prolific Academic was founded in April 2014 as a crowdsourcing site that allows researchers to get participants for the kinds of studies or research they are conducting.
The founders saw an opportunity since it was hard for them to get participants for the research they were conducting. You will be paid in cash for participating in a study.
Based on what the company promises and on my initial impression of it, I can say that it is a very legitimate opportunity to make some money.
There have been very little complaints about Prolific Academic, especially in terms of not getting paid or delayed payments. The company also pays generously, making it a good source of extra income for you.
It is free to become a participant and registering is simple. It is also available worldwide, so anybody can join.
As for the earnings, Prolific Academic has a low cashout requirement that can be reached easily. As we go further into this review, you will see why I say it is possible to earn $50 or more a month here.
Who Uses Prolific Academic?
The Prolific Academic website is used by two groups of people with one being researchers who are looking for participants for the studies they are conducting.
The other group are people like you who are looking for ways to make some money online.
For researchers, Prolific Academic provides them with an opportunity to get people to participate in a study. They don’t need to do the recruiting themselves, as the company already has a pool of ready participants who are more than willing to participate in any study they are qualified in.
The beauty of Prolific Academic is that their participants are from all over the world giving researchers access to a wide range of people.
The company also does the pre-screening process, using the questions researchers are asking, so researchers are already assured that the participants they are getting are the right fit.
For people like you, Prolific Academic provides an opportunity to make a decent extra income by answering surveys and participating in studies.
The company will pay you generously for participating and they also have a low minimum cash out requirement, making it easier for you to withdraw your money.
Registering is simple and is free to do so. It is also available worldwide so anyone can apply and be a participant.
How Do You Make Money with Prolific Academic?
As mentioned above, you make money with Prolific Academic by being a participant in studies or researches. You will be paid in cash, which you can withdraw via PayPal once you have enough.
The studies you can be a part of will include answering surveys, downloading and testing apps, and more. The first thing you need to do is to register on the Prolific Academic website.
You need to input there that you want to take part in studies, so you’ll be registering as a participant. Then you just need to input basic information like your name, country, date of birth, email, and chosen password.
Once done, your account won’t be activated yet. The company will pause the application of new participants for a few days as part of their security procedure.
The first thing you need to do here is to verify your email and input your mobile number, also for verification. After verifying both, you need to wait 48 hours before your account is processed.
During the waiting period, you can start completing your profile. The company has 15 categories with at least 3 questions found in each category.
Completing your profile will help the company send you studies that you are likely to qualify for and it will give them a chance to know you more.
Once your account has been activated and your profile completed, you can start participating in the studies. Like any other survey website, there will be a pre-screening process first.
They are the questions that researchers are asking to see if you are the right participant to be doing the study. Once you are eligible, you can proceed with the study.
The studies that Prolific Academic posts will usually contain all of the necessary information you will need before you accept it.
It will have a description of the study, how much it will pay, the average time it will take to complete, and more to help you decide if you want to participate or not.
Some studies involve just answering surveys, while others will involve doing Skype calls. There’s also a possibility of in-person studies.
Once you are eligible for a study and have accepted it, it’s important that you pay full attention to it. The company usually have quality control questions to see if you are paying attention carefully.
The studies you complete will be submitted and the researchers will review it first to see if they will accept it or reject it. It will usually take 1 to 3 days for a study to be reviewed.
If a study you submitted has not yet been approved after 21 days, the reward for that will automatically be credited to your account.
Prolific Academic has a Prolific Score to rank the participants. The ranking can go up or down, depending on whether or not you’re paying full attention to the study or you have rejected submissions.
The highest rank will be 100 and the company is fair in the rankings they give. The higher your score, the more studies will become available to you.
The company won’t penalize you if you accept a study that you realize you can’t complete. You just need to return the study and delete the submission.
Payment will depend on the kind of study you will be doing with some paying less than £1 or even lower. But there are other studies that pay as high as £12 per hour.
Yes, Prolific Academic pays in euros and not in dollars and the minimum amount you will need in order to cash out is £5.
Your money will be sent via PayPal, and there will be fees for amounts that are more than £20. The company processes payments twice a week.
What is Good about Prolific Academic
Now that we know more about Prolific Academic and what it offers, it’s time to discuss what is good about this opportunity.
- The best thing about Prolific Academic is that they pay you in cash and not in points, credits, vouchers, and so on. This is great since you will know how much you are making instead of guessing the monetary value of the points or credits you are getting.
- It’s also a good that the pay rates Prolific Academic offers is higher compared to other survey sites. Most survey sites usually pay less than $1 for answering surveys, while here, you get paid in euros and it’s usually more than £1. There’s even a big possibility that you can earn up to £12 an hour just by participating in a study.
- I also like that this opportunity is available worldwide, giving everyone a chance to earn a decent extra income with Prolific Academic.
- The opportunity is also free and registering is simple and easy to do. There’s no need to input a lot of details just to become a member and you also won’t need to worry about paying for registration fees.
What is Bad about Prolific Academic
As good as the opportunity that Prolific Academic provides, there are also some things that they could improve upon.
- The major thing that I didn’t like about them is that the studies available will be dependent on the country you are residing in and on your profile. This means that there’s a possibility that your profile might not provide you with a lot of opportunities to participate, thus lessening your income potential.
- It’s also unfortunate that there are cash out fees, especially for amounts that are above £20. This will lessen the money that you will be getting for the work that you have given.
Do I Recommend Prolific Academic?
Based on what I’ve learned about Prolific Academic, I can say that it is an opportunity that I will recommend.
The company provides a great opportunity to make decent extra money to help complement your main income. This is especially true if you live in a country where there are more studies available.
The company’s rates for completing a study is higher than most survey sites and the low cash out requirement makes it easier for you to withdraw your money.
It is actually very possible to earn at least $50 a month with Prolific Academic and it can even go higher, depending on your country and profile.
You just need to make sure your profile is complete and check the website daily to see if there are available studies in your area. So if you’re looking for ways to earn extra income, then you should give Prolific Academic a try.
Latest posts by Frank (see all)
- Super Affiliate Machine: Is it Legit Or A Scam? We Review It - November 4, 2020
- 5 Financial Metrics to Keep your Business on Track as the World Emerges from COVID-19 - September 15, 2020
- A Complete Guide to Using Technical Indicators to Trade Cryptocurrencies - July 8, 2020