LightSpeed Consumer Panel Review

Regions Of Participation: US, Canada, UK, and Australia
Minimum Age to Join: 18 years old
Rewards: LightSpeed Points and Sweepstakes Entries
Average Pay Per Survey: 75 to 1000 points (1150 points = $10)
Url: www.lightspeedpanel.com

LightSpeed Consumer Panel Company Background

The Lightspeed Consumer Panel website is owned by Lightspeed Research, which was founded in 1999 by its parent company, WPP. WPP is one of the world's leading communications services groups. Lightspeed Research's clients include Fortune 500 companies worldwide. From major transportation companies to global media conglomerates, their clients understand that market research plays a vital role in their business decisions.

Program Details and Our Suggestions

Getting Started. You must first complete a one-page sign up form, where you can submit your email address and password. This will serve as your login so that you can access their member's site. Lightspeed has a very good member's area which contains profile surveys and quick match surveys than can make you eligible for more surveys. You should fill out all of the profile surveys in the Surveys About You section, and take some of the Quick Match surveys to further enhance your profile. This will get you off to to a good start, and should increase your amount of survey invitations.

In addition to the profile surveys, the member's area contains your current survey invitations, Mini-polls, and Quick Match Surveys. The surveys are reward with points, and the Mini-Polls and Quick Match Surveys are rewarded with an entry into the $5000 Lightspeed Sweepstakes entry. There is also a Rewards section and a Frequently Ask Questions section that list past winners, answers to common questions, and details about all of the rewards offered. Also, and best of all, they have the Lightspeed Points Account section where you can check your current balance and redeem your points for cash via PayPal, or choose from a wide selection of gift certificates or merchandise.

What to expect? In addition to being able to view current surveys in the member's area, Lightspeed will automatically email you survey invitations that they feel may be a close match for your profile. Each invitation will include the estimated time to complete the survey, the reward for completing the survey, and sometimes may include the topic of the survey. The amount of surveys you will receive depends on your profile and the current studies being conducted, but in general you should expect several invitations a week. The surveys are rewarded with some point offering, a sweepstakes entry, and the Points-A-Day Giveaway. Most surveys average about 75 to 300 points, but some more in depth surveys and product trials have higher rewards. Currently 115 points = $1. One of the best features of LightSpeed is that they offer payment via PayPal. If you choose to redeem your points for PayPal cash, you will recieve payment by the next business day.

Advice: It is a good idea to take all of the profile surveys, and several of the mini-polls to establish your profile with Lightspeed. This should ensure that you get several survey invitations per week. Since Lightspeed sends many survey invitations, I would recommend that you definitely take the higher point survey invitations, and as many of the others that you have time for; in general you should take at least one to two surveys per week to keep your account active. Also it is a good idea to keep your profile surveys up to date, and to take some of the mini-polls and quick match surveys from time to time. If you follow these steps, you should receive plenty of survey invitations from Lightspeed.

Review

Scale: 1 = Lowest, 10 = Highest

Quality of Surveys (7)

• Surveys are easy to understand
• Surveys are fairly interesting, but some are a little long.

Compensation for Surveys (7)

• Compensation for each completed survey is fair.
• Even if you do not qualify for a survey, you are still entered into a cash sweepstakes drawing.

Frequency of Surveys (9)

• LightSpeed sends many paid survey invitations.

Timely Payment / Payment Options (9)

• 1150 point ($10) minimum before you can request payment.
• They offer PayPal payment, and usually deliver payment within two business days of redemption.

Survey Panel Member's Area Site (10)

• Excellent Member's Area Site. Links to view current surveys, profile boosters, redemption area, and much more.
• Link to past LightSpeed Sweepstakes winners, and FAQ's section with answers to common questions.

Overall Panel Ranking (8.4)

The Conclusion

Compensation for surveys is fair, although they occasionally they give you much higher value surveys in the way of focus groups or in depth surveys. They have a $10 (1150 points) minimum for cash redemption, but they offer a steady stream of surveys so its not too hard to reach. Plus, they have PayPal payment option which speeds up payment time. Lightspeed gets our recommendation for definitely worth joining.

(source: http://www.online-paid-surveys.net/LightSpeed-Consumer-review.htm)