Pinecone Research Review 2020: Is it A Scam or Legit?
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Taking surveys is one of the simplest ways to earn extra cash on the side. You won’t become wealthy overnight, but paid surveys are a great way to make money in your spare time. If you’re familiar with survey sites, you have probably heard of Pinecone Research.
A lot of survey sites can be a waste of time, or are simply not a legit way to make money. Pinecone Research is a bit different, as it’s an invite-only survey platform that offers one of the higher available payouts.
In this Pinecone Research review, we’ll discuss how they’re one of the best paid survey sites you can find online.
What is Pinecone Research?
Some survey sites in the space are known as get-paid-to (GPT) sites that pay you to perform a variety of tasks. Pinecone Research, a paid online survey site focusing primarily on paid surveys but also offering paid product testing, is one of these sites.
This may make it seem like you can’t make as much with Pinecone Research, but that is not the case.
The Pinecone Research platform has been in business since 1998, and is owned and operated by the market research firm Nielsen. Nielsen uses the platform to receive feedback from consumers on different products and services. This helps their clients produce better products for their intended market.
Not all survey sites are created equal, but some provide a good way to earn extra spending money. In this Pinecone Research review, we’ll cover if Pinecone Research is legit or a scam, and share how to earn more money from the platform.
How Does Pinecone Research Work?
Pinecone Research is an invite-only survey site. You can open an account with Pinecone Research in one of two ways:
- Invited by another user
- Clicking on the above link
They have to pick you and their decision is based on your demographic and how those demographics match with what companies want. They determine this from the answers you provide on your profile, so it pays to fill it out completely and honestly.
Once you join Pinecone Research, you’ll receive email notifications when a new survey is available. Each survey pays out 300 points, which equals $3.
Pinecone Research also offers product testing as a way to make money, though that is not as common as survey opportunities. The platform does like their panelists to be active participants. If you don’t take the time to do surveys within a 12-month period, they can remove your from the panel. This means you will no longer receive emails from them.
Who Can Join Pinecone Research?
Each paid survey site has a different age requirement. To join Pinecone Research, you must be at least 18 years old and have a valid email address.
If you’re under 18, Swagbucks is a similar platform that offers more ways to make money than Pinecone Research. You can read our Swagbucks review to see how the platform compares to Pinecone.
Pinecone Research accepts survey takers from the United States, Canada, and the U.K.
How to Make Money with Pinecone Research
You can make money in two ways with Pinecone Research:
- Answer surveys
- Product testing
Some sites offer surveys with varying payouts. That is not the case with Pinecone Research. You earn 300 points, or $3, with each survey you complete.
The best way to make money with Pinecone Research is taking surveys. The time to complete a survey varies, and some can take as long as 15-20 minutes, although not all require that much commitment.
Survey topics vary and Pinecone Research will tell you prior to starting the survey what it covers. The platform encourages active participation. The more surveys you complete, the more opportunities you’ll receive, allowing you to maximize earnings.
The second way to make money with Pinecone is testing products. These can either be physical products, or food they send you via cooler and dry ice. The products are typically not yet released to market, so you get to be among the first users of it.
If you get paid to test products at home with the platform, you receive payment for your time to test it, plus $3 to complete a survey. Product testing is highly sought after, so jump on these opportunities as they arise.
Pinecone also has two prize drawings to earn extra money. Those are:
- $500 bi-weekly drawings
- $4,500 quarterly drawings
You earn one entry per survey you complete. This encourages active participation as you increase your chances of winning big with each survey you finish.
How Much Can You Earn from Pinecone Research?
You will not become wealthy overnight by taking surveys with Pinecone Research. But can the platform be a legit way to make money on the side? Possibly.
For some, it may not be worth the effort, but for many Pinecone Research is a valid way to earn a little extra cash.
The more surveys and products you test obviously will result in increased earnings. Whereas other survey sites have varying payouts, that’s not the case with Pinecone Research. This helps ensure a better idea of how much you can earn from your time.
You can use extra money from Pinecone Research surveys to do several things, such as:
- Earn extra spending money
- Grow your emergency fund
- Pay off debt
Pinecone Research has no minimum redemption amount. You can cash out at any point. In fact, after you open your account and complete your first survey, they send you a check for $3.
This won’t replace your income, but it offers a great way to earn money in your free time and there’s no limit to what you can earn.
How to Get Paid from Pinecone Research
Anyone taking paid surveys is concerned about payment. A lot of survey sites have a hard-to-understand points to dollars conversion you must figure out to determine payout. That is not the case with Pinecone Research.
As previously metioned, each survey you complete on the platform earns you 300 points, or $3. You can receive payment from Pinecone Research in the following ways:
- Gift cards from various retailers
After completing your first survey, Pinecone will mail you a check for $3. This is the only time they require payout to be made via check. If you like to earn free Amazon gift cards, Pinecone is a great way to receive them for your time.
Regardless of the payout option you choose, there is no minimum balance you must achieve and you can redeem in $3, $5, and $15 increments – though PayPal can be in $1 increments.
PayPal and digital gift cards are the quickest payout option, with payout taking place the business day after survey completion. Checks take three to five days to process, then are mailed.
Is Pinecone Research Legit?
It’s easy to be taken advantage of when considering a side hustle, especially with survey sites. Not every opportunity is legit, and it’s justifiable to ask ‘Is Pinecone Research a scam?’
While you will encounter some survey sites that are scams, that is not the case with Pinecone Research. It’s safe and easy to use. They won’t ask you overly personal questions, or for banking information, or social security information. They will also not sell your information to third parties.
However, it’s still best to use a different email address for surveys so your main inbox will not be filled with survey opportunities.
*Related: Looking for a unique earning opportunity? Read our guide on the best apps that pay you to workout to learn how to make money by staying fit.*
Pinecone Research is a valid and safe way to make money on the side.
What are the Pros and Cons?
It’s important to go into any side hustle with your eyes wide open. This will help you know if the opportunity is right for you. Here is what to keep in mind when using Pinecone Research to make extra money:
- Simple to use
- Free to join
- User-friendly, even if you struggle with technology you can make money
- $3 per survey is a competitive rate compared to other survey sites – If you do enough surveys you can make up to $18 per hour just by giving your opinion.
- Product testing
- Paid via cash or gift card
- Earn $3 immediately after taking your first survey
- No minimum balance required to redeem earnings
- Excellent customer service
- Bi-weekly and quarterly drawings
- Exclusive site that selects users to join
- No mobile app
- Allows only one account per household
- You can’t stack your points if you’re not active or let them expire
Overall, Pinecone Research offers a great way to earn extra money on the side. The surveys and product tests are simple to complete and can be completed in your free time.
Pinecone Research Review: Our Take
Pinecone Research is a great option for to anyone wanting a safe way to make extra money in their spare time. The opportunity to make consistent income is there because they don’t accept everyone who applies. When you consider any survey site, it’s important to consider whether it’s worth your time.
Pinecone is among the highest paid survey sites, with each survey paying $3. You can earn additional money by testing products. While the platform is selective, it’s a good way to earn if you qualify. Once you qualify, you’ll see that most of the surveys and products tests are simple to complete.
You obviously won’t replace your day job, but they provide a great way to earn some extra spending cash.
Have you ever tried taking surveys online to make extra money? What other methods have you used to make money on the side? How do you free up time to earn extra money?