Are you interested in making money without stressing yourself?
Are you interested in making money in pajamas without moving from the comfort of your sofa?
Don’t close the article yet. We are not feeding you any scams here. Although it sounds exactly like a scam it is not. There is truly the coolest way to make money without stressing yourself mentally or physically. Fair warning! If you’re dreaming of quitting your job to make money from this idea. Then we are sorry that your dream has been cut short. You can make money from this side hustle, however, it is nowhere a substitute for your job or business. This side hustle just brings you extra income to fill up your wallet.
Many people rely on side hustles to earn extra income. All need is will earn money and more than 101 different side hustles will prove to be worthwhile. Now you must truly be getting curious about this side hustle. One such side hustle that will help you earn money without stressing is taking surveys online.
Yes! Taking online surveys is one such side hustle that will help you in earning cash back, gift cards, and cash. Since online survey platforms are becoming quite popular, you will encounter more scam platforms than real ones. In the world of the internet, you will find counterfeits more convincing than real. So it is not astonishing that many fall prey to these scammers. If you don’t want to end up being the victim of an online scam then you must find a legitimate survey site.
There are many legitimate popular survey sites such as Mypoints, Swagbucks, Inbox reviews, etc. In this article, we are also going to one such popular online survey platform- Lifepoints. By the end of this review, you will be able to find all the information that you are looking for.
First things first, you must get to know what is lifepoints before diving into the topic.
What is Lifepoints?
Well, as you already know lifepoints is a survey site platform that allows the users to earn money by taking surveys. Yes, this is a legitimate way of earning money that most people are trying out a side hustle now. Although the payment is low, many people are taking interest in this is low-stress and most importantly this platform allows users to work from anywhere at any time.
Although it may not bring huge money to your bank account you can easily help you bring in money with minimal effort. Coming to Lifepoints, this platform is the merger of two online survey platforms i.e., Lightspeed and MySurvey. It was created and developed by Lightspeed. Yes! Lightspeed has been one of the most popular and largest providers for customer research and analysis. The main aim behind creating this platform is to provide the companies with customer opinions and for customers to share their opinions and views. Currently, this platform has more than 5,00,000 users across the globe.
This platform is up and running in more than 70 countries. The main source of revenue from this platform is through taking surveys. In these surveys, you will be stating your opinions and earning money. Once you reach a certain amount you can redeem it for e-gift cards, donate for charity, or cash through PayPal. One of the best parts about this platform is that it offers surveys in around 26 languages whereas its competitors only offer English-survey. This itself gives this company more leverage than its peers in the market as it can focus on different countries. So no matter which country you’re from you can earn money by taking surveys in a language you are comfortable with.
How do Lifepoints make money?
Since member’s or panelists’ money comes from Lifepoints, it is natural to worry about where their money comes from. The answer to this question is companies that require market research. Well, companies across the globe, irrespective of size are always on the run for customer feedback. Customer feedback helps brands in improving their products and services.
If a brand has information about customer preferences won’t they create products that cater to their preferences? Also having information about customer preferences in the market will also give brands leverage over their competitors. Earlier companies used to go to several lengths such as hiring people to get the customer’s opinions. Yes! They would call them with survey questions or go to crowded places and ask people within their demographics to answer their surveys.
They even used to mail the surveys to their customers so that they could answer them. But in most cases, they will not get the answers back. However, with changing times businesses should also change their ways. Well, now survey platforms have made it easy for them to collect customer feedback without having to run around. Cool, right? The companies are paying the survey platforms like Lifepoints to gather information about their customers and these paid survey platforms are paying their members with a part of their earnings. So it is a win-win situation for companies and the members of this paid survey platform.
Yes! The companies get more responses for less money and the members can earn money without stress. Also, your opinions will be heard through these surveys. The answers to these surveys will transform future products. From games to everyday groceries that you use everything will be transformed thanks to your honest opinions.
Now that you know how this platform manages to payout well. Aren’t you curious to know the ways to earn from this platform?
How to earn from Lifepoints?
Taking surveys is one of the ways to earn money on Lifepoints. This is one of the most prominent ways to earn points. These surveys usually consist of questions about different topics. Politics, fitness, entertainment, food, recreation, travel, etc there are more topics that surveys will be based on. All you need to do is give your honest opinions. If you want to improve your earning potential and earn good payouts then you must keep out your eye for surveys. As the surveys are regularly filled, you will naturally be able to participate in them more and earn more money.
Another way to earn money on this platform is through product testing. Yes! Product testing will also help earn more rewards similar to that of the surveys. Sometimes companies want honest opinions on specific products. What better way than product testing? They will be mailing you the product. Try the product and answer the questions they ask or provide you real opinions about the product. If you have enough time after filling up the surveys you can try product testing too.
Track your behavior
Another interesting way to earn money from this platform is to keep a track of your behavior. Yes! This is one of the easiest ways to earn money. By regularly making diary entries and tracking your experiences or behavior you can earn rewards. The data from your diary entries will help companies analyze how a particular user uses their products. Every entry in the platform will have unique experiences of the users, so this will help the companies in shaping excellent products in the future.
How do Lifepoints work?
Lifepoints is quite simple to use and user-friendly. All you have to do is sign up and the rest will follow. When you sign up you will also be receiving a bonus too. Once you sign up, on the dashboard you will find surveys on various topics, product testing, etc. If you are taking a short break or have a few minutes on your hand, you can select a survey and fill it up. Once you finish the survey, the points will immediately be credited to your lifepoints account. You can either take surveys or give feedback on products by testing them. The redemption will be based on the number of points you have earned.
If you have 550 points you can get a $5 e-gift card, for 1200 points you can get a $10 Paypal voucher. In terms of cash, it is around 0.9 cents for 550 points you can donate it to. When you redeem an e-gift card you can get to the rewards center on the panel of this platform to an online retailer. However, to redeem most of the cards you will be needing 1100 points. Another thing that you must remember is that your points will not stay in the account forever. They will only be valid for three years. In case there is no activity on your account they will expire within one year.
Is Lifepoints worth it?
The answer to this question is quite simple. If you are not depending on this platform to manage all the expenses of your everyday life then this platform is recommended. However, if you are only looking for a side hustle that allows you to earn a few bucks without any high-level risk then this platform is highly recommended. Before starting this platform many people will have doubts whether it is worth your effort and time. And that is what we want to help people to find throughout this review. Till this point, we have provided you with all the details about the platform. Now, let’s talk about the monetary aspects of this platform. For completing a survey you will be earning around 20 to 100 points. Some of the surveys will have around 150 to 200 points. Simply put, the points will be completely based on the length of the surveys. For a 100 points survey, you may be taking around 15-20 minutes, through which you will earn less than $1.
If you spend an hour on this platform you will be earning around $3/hr. But you must also remember that there are some surveys in which you will be screened out and they will not pay for the screening time. Now you must understand our point, it is not worth it for a full-time job. However, it is completely worth it if you want to earn a few extra dollars or an e-gift card.
Lifepoints is another excellent paid online survey platform that is offering excellent rewards to its members. It is providing the same reward rate as other paid survey platforms in the market. All you need to do is just sign up and earn money. To create an account, you just need to be someone above or 14 years old. And the signup process is also quite simple.
It hardly takes a minute or so to sign up. You will get 10 points on sign up and once you answer 10 demographic questions, you are all set to start earning from this platform. Another important thing, it is better if you download the app on your mobile so that you can earn in your free time from anywhere at any time. If you want to find out more about such paid survey platform reviews check out the zeen website.