Relying on just a day job to cover daily expenses may no longer be a viable option for a lot of people these days.
The cost of living has gone up and not everyone has experienced an increase in their salaries, which is why there are a lot of people who are looking for ways to earn extra money.
One of the things that people do is to turn to the internet to look for opportunities that can allow them to earn extra income or earn more money than what their day job provides.
Now, the internet actually has a lot of money-making opportunities available. The problem is that not all of them can be considered a legitimate opportunity or at least provide a decent way to earn.
To help you decide on which opportunity is a legitimate one that can also provide a decent income, we review and test money-making websites.
We do this to help you identify which sites you should avoid and which are the ones you should be giving a try.
For this review, we’ll be discussing a site called Research Participants Institute. It’s a site that offers people an opportunity to earn online and offline through the different studies they are conducting.
You will be paid in cash right after completing the study you have participated in. The amount of money you can make here will depend on the study opportunities you will be eligible to participate in.
From the looks of it, you can likely expect to earn about $50 to $200 a year with this opportunity. But is Research Participants Institute a legit opportunity or a scam that you should avoid?
You can also check out the step-by-step training that helps me earn over $10,000+ per month working from home.
Research Participants Institute is a Legit Opportunity
Research Participants Institute is a market research company that offers people an opportunity to make money through the different studies that they conduct.
The site conducts both offline and online studies and the payment will be made right after the study has been completed. If you participated in an offline study, you can likely earn your money at the end of the day.
Based on what I’ve seen so far, I can say that the Research Participants Institute is a legitimate website that offers a legitimate opportunity to make money.
The site does offer paid studies that you can participate in, both online and offline. There has also been little to no problem at all when it comes to the payment.
There is, however, an issue that I saw with this opportunity, particularly with the available studies that they have. I’ll be discussing this said issue further as we progress with this review of Research Participants Institute.
Who Uses the Research Participants Institute?
Research Participants Institute is designed to be used by two types of people with one of them being businesses and organizations who are looking to gather opinions and data.
The other types are people like you who are looking for opportunities to make extra money on the side. For businesses, the site provides them with a way to gather relevant information and data to help in making decisions.
The site can conduct both offline and online studies that people can participate in to help organizations gather the needed information to help them make the right decisions.
For people like you, Research Participants Institute offers an opportunity to make money online just by participating in studies.
The site will pay you in cash for each study that you are able to complete. The good thing is that the site will pay you immediately after the study has been completed.
Becoming a member is simple and free to do so. You just need to be at least 18 years old, a resident of the U.S. and be eligible to work to be able to register.
I’ll discuss the registration process in the next section, as well as the opportunity that the site offers to make money.
How Do You Make Money with Research Participants Institute?
The Research Participants Institute website offers two opportunities to make money. The opportunities are participating in their online studies and participating in their offline studies.
The site will pay you in cash, which they will process immediately right after the study has been completed. You can expect to earn more if you participate in offline studies.
To be part of the site’s community of panelists, you need to register first, which is simple and free to do so. You just need to be a U.S. resident, be eligible to work and be at least 18 years old to register.
If you meet the requirements, you just need to go to the site and click the ‘Register Here’ button and fill out all of the required information.
Once you are done with the registration process, you can start participating in the studies that they are conducting. The site will send you study invites based on your profile.
When you receive an invite, it will already contain all of the details you need to know, like how much you will make and whether it is an offline or online study, and so on.
Now, the site will provide some screening tests first before you are allowed to participate to see if you are qualified. If you qualify, you will get the amount that the site mentioned in the invite.
If you fail the screening test, don’t worry, as you will still get a portion of the earnings. So what kind of studies does Research Participants Institute conduct?
So the site will basically require you to look and study at presentations and review them and provide opinions. Providing opinions will usually be done through a series of questionnaires you need to answer.
For offline studies, providing the opinions can be done either in questionnaires or in focus group discussions.
If you are selected to participate in an offline study, you will need to go to their office, which is located throughout the U.S. A whole day study will usually begin at 7 am and end at 6 pm.
Studies can be completed in anywhere between a day to several weeks. You just need to bring your driver’s license or any state-issued ID when you go to their office for the project.
Research Participants Institute will pay you right after the study has been completed. For offline studies, the payment will be in the form of a check and will be given at the end of the day or on a weekly basis.
For online studies, the site will send the check payment via snail mail. They will send it to the address that you have entered during your registration.
Check payments can be received in a day or several weeks, depending on when the study will be completed. You can expect to earn about $15 to more than $200 per study.
Offline studies pay more, as some members report getting $75 to $375 per completed study. Now, the only issue that I saw with this opportunity is that the available studies they have could be limited.
This means that you can’t really expect to earn a lot of money here, even if they pay well as there won’t be a lot of study opportunities available.
You can probably expect to get about 4 to 6 study invites in a year. It could be more, but that will depend on your profile and demographics.
What I Liked about Research Participants Institute
Now that we know what the Research Participants Institute is and what they are offering, it’s time to discuss what I liked about this opportunity.
- The first thing that I liked about Research Participants Institute is that the site provides good payment for the studies that they conduct. When you get an invite, you can expect to earn a decent amount of money for being able to complete the study. This is even more so if you participate in an offline study.
- Another thing that I liked about Research Participants Institute is that the site will still pay you some money, even if you get screened out from the study. This is good, as this means that you will still get to earn something just for being chosen as one of the participants.
- It’s also good that the Research Participants Institute will pay you immediately right after the study has been completed. This means that you don’t have to worry about earning enough money to try and reach a minimum cash out requirement or even worry about requesting for a withdrawal. Your payment will automatically be processed and given to you.
What I Disliked about Research Participants Institute
As appealing as the opportunity that the Research Participants Institute is offering, there are also things about the opportunity that I didn’t like.
- The first thing that I didn’t like about Research Participants Institute is that they only have limited opportunity to make money. Though the site already offers a decent opportunity to make money, increasing the available studies would make some people look at this opportunity as a possible replacement their day jobs.
- Another thing that I didn’t like about Research Participants Institute is that the opportunity is only available in the U.S. this kind of opportunity would likely benefit a lot of people if they were made available worldwide.
Do I Recommend Research Participants Institute?
After learning more about Research Participants Institute and what they are offering, I can say that it is an opportunity that I’m recommending.
Though the site only has limited studies available, the high payment they provide for participating in them somehow negates the limitations.
You can really earn decent amounts of money with this opportunity, even if you are only able to participate in several studies in a year.
So if you live in the U.S. and you are looking for opportunities to earn a decent amount of side income, give Research Participants Institute a try.
The site offers a good opportunity to make some money, especially if you live near one of their offices so you can participate in offline studies, which pays more.