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HomeEarn Money OnlineTHE PANEL STATION: Uses, Advantages, Disadvantages, and much more

THE PANEL STATION: Uses, Advantages, Disadvantages, and much more

 

The Panel Station

It’s saying that only one thing is permanent in the Universe and this is change. Products and services too, change according to consumer needs and requirements. And who can improve better than the consumer himself to bring such change?

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‘The Panel Station’ works on this principle of improving products and services through the help of people. And for contributing with their time, opinions, and views, users are benefitted from some rewards. At the other end, using ‘The Panel Station’, manufacturers and service providers get consumer feedback, demands, and suggestions about their products & services.

Read also:  Earning Apps Without Investment

Background

‘The Panel Station’ is the web service platform of ‘Borderless Access Pvt. Ltd.’ which was incorporated on March 22, 2017, as a non-government company registered at ROC Bangalore. The company with ‘Kedar Manohar Sohoni’, ‘Ruchika Gupta’  and ‘Praveen Gupta’ being its current directors, is involved in auditing activities, bookkeeping, accounting, legal services, tax consultancy, public opinion polling, market research, and management & business consultancy, etc.

Company Details
Company Name BORDERLESS ACCESS PRIVATE LIMITED
Company Status Active
Company Category limited by Shares
Company Sub-Category Non-govt company
Class of Company Private
Date of Incorporation 22 March 2017
Age of Company ~ 4.5 years
Activity Legal, book-keeping, accounting, auditing activities, tax consultancy, public opinion polling, market research, business, and management consultancy

 

 

The Panel Station is an online community of consumers who express their views and opinions on a variety of issues by participating in market research surveys. The Panel Station and other such websites like Swagbucks, Ipsos I-Say Panel, Valued Opinions, InboxDollars, etc., that work on the same concept, claim to influence manufacturers and service providers to improve their products and services through these surveys where consumers express their feedback and suggestions about a particular product/service.

Presence

‘The Panel Station’ also provides a mobile app to its users that facilitate seamless access to its web platform at any time and from anywhere. The company claims to have 5.11 million members across 35 nations like India, Brazil, Russia, China, New Zealand, Poland, Singapore, Taiwan, Philippines, Thailand, South Korea, Indonesia, Mexico, South Africa, Turkey, Australia, Chile, Argentina, etc.

Website Average Pay (per survey) Payment Method Min to Cash Out
Survey Junkie $ 1 – $ 3 PayPal or eGift Card $ 10 (1000 points)
Inbox Dollar Up to $ 5 Cheque, Prepaid VISA or Gift Card $ 30
Branded Surveys 300 points ($ 3) Paypal / gift card $ 10
Swagbucks $ 0.40 – $ 2 Paypal / gift card $ 3 for a gift card; For $ 25 PayPal
Life Points $ 0.60 – $ 1 Paypal $ 20
My Points $ 2.50 Gift card $ 3
Opinion Outpost $ 0.50 – $ 5 Paypal or gift card $ 5 for a gift card; $ 10 for PayPal
Vindale Research $ 0.50 – $ 5 Paypal $ 50
Pincode Research $ 3 minimum PayPal, Cheque or VISA Gift Card $ 3
Ipsos I-Say Panel $ 0.10 – $ 1 Paypal / gift card $ 10 for a gift card; $ 15 for PayPal or VISA
OneOpinion $ 1 – $ 5 Gift card $ 25
Survey Club $0.50 – $5 Gift cards travel miles or PayPal $20
Harris Poll Opinion $1 Gift cards / charity donation $10
Valued Opinion $1 – $5 per survey Gift cards $20

 

How does ‘The Panel Station’ work

                The Panel Station is a prominent paid survey website. In principle, ‘paid survey’ implies that the manufacturer or service provider pays it (‘The Panel Station’) to conduct surveys on their behalf to get consumers insights regarding their products or services, and for taking their time manufacturers or service providers pay rewards through ‘The Panel Station’ to consumers who wish to participate in such surveys to express their opinions & suggestions.

The Panel Station working
https://pixabay.com/

It is a type of statistical survey where participating members are rewarded through an incentive program that could result in access to a sweepstakes program or a small cash reward after completing one or more surveys.

Read also How to earn money with valued opinion India

However, ‘The Panel Station’ is considered a reputed company, but in practice sometimes such surveys and their conducting websites use such claims to tricks participants into believing that they are getting cash reward after completing a number of surveys, but the true intention might be something else such as to boost users count on their website for the sake of advertisement, to get personal information which might be sold further, or to even scam users to purchase products in parley of greater rewards, etc.

Websites that ask for credit card information from respondents are usually scams.

The survey usually collects quantitative information (through scaling, rating, etc.) about a participating member’s experience with a particular product, service, or scenario. The consumer views are recorded. The manufacturers/service providers can use that data to improve the quality of their products and services or the creation of new products/services.

The Panel Station web platform

                Being a platform of Borderless Access Pvt. Ltd., a big reputed brand, ‘The Panel Station’ gives an opportunity to you to express your opinion and views concerning various consumer markets like consumer goods, healthcare, technology, and finance, etc. ‘The Panel Station’ is also 27001:13 standard certified, assuring its members the quality services.

Upon entering the website, you are greeted with an extremely approachable and user-friendly webpage that also provides links to relevant information clearly, facilitating members’ faster navigation. This level of the professional approach of the portal helps users to reinforce the legitimacy of the website as they aim to match the site to the quality of service that they provide.

Users can visit the “About Us” section of the website to learn more about this web platform or skip right over to the “Rewards” tab to see directly, what they could get for providing their time and stating their views & suggestions. The company has also made sure that it provides only the relevant information to its members which might be necessary for accessibility and not the things that users be bogged down with deluge of information. This concise and straightforward approach of the portal helps users quickly determine if this survey site is the right one for them or not.

How does web portal work

To help new users to get along, they even provided a “How It Works” page that contains a concise guided description of how they can get started with the portal. In brief, here are the steps to be followed:

  1. Firstly to do anything, users have to sign-up. For this, you have to fill up a registration form with entering relevant basic information. Overall sign-up is an easy process. After completion, the website sends your unique log-in details to your e-mail.
  2. After registration/sign-up, you should be able to log in to the website. Now you can start earning your points. The website tries to profile you to get a better understanding of your interest and background, by providing you with some sample surveys that are designed to categorize as per your interests, so that company could provide you with relevant surveys in the future. From there on, you’ll start receiving points for the surveys that you complete, and these could fall anywhere in the range of 100 to 5,000 points.
  3. Once you’ve completed enough surveys to accumulate 3,000 points, you’ll be able to redeem them for various rewards through their easy-to-find “Rewards” page.

The Panel Station mobile platform

The mobile app facilitates its members the most convenience as they can access the portal and participate in surveys as per their suitability. With this, you don’t miss out on any surveys as instant notifications are provided by the app for new coming-up surveys. The app itself is currently available in 22 countries such as Australia, Russia, Singapore, etc.

the panel station mobile platform
https://pixabay.com/

The website respect importance of users’ privacy as it is completely optional and is not required to be downloaded to participate in any survey. The app is available for Android and iOS users and can be downloaded from the Play Store and Apple store, respectively. A new version or update is eligible for release only after rigorous testing.

Sign-up process

Of course, the main reason to join ‘The Panel Station’ or any of such incentivized surveys website is to earn money and free rewards. With the concept of influencing decision-makers regarding their products & services across industries, the company claims to provide you assured reward for every survey you complete.

See also: Earn money by Typing jobs work from home with SCCN 

And, surveys are not lengthy, as most of the surveys take only a few minutes where you have to answer a concise and fewer number of questions. To encourage new users to participate in the maximum number of surveys, the website offers some attractive rewards and the sign-up process does only take not more than 2 minutes. In summary –

  • For registration, A form appears asking for your details
  • The first field asks users to enter their date of birth (between 1991-1995)
  • Now you are asked to select your gender (selecting ‘female’ gender, you are availed with more and high paid surveys)
  • Now Select Your City
  • After filling up all the details, you can now start earning
  • A mail is sent by ‘The Panel Station’ for verification in order to activate your account with the company. You must have to verify that e-mail.
  • Open Your mail and Verify the sent e-mail
  • And, you are now a member of the website, you can now login into your account
Logging-in process
  • Your registered e-mail ID is your username on the website
  • After registration, your log-in password will be sent to your email ID
  • Once you’re on thepanelstation.com website now you can sign in.
  • Click on the login button.
  • Enter your username & password to logging-in

Rewards & Redemptions

                Like many other survey sites, ‘The Panel Station’ rewards its users with points after the successful completion of surveys. Those points can later be realized into actual money. Before participating in a survey, you are presented with a number of points that can be earned after successful completion of a survey and it could be in the range of 100-5,000 points as per its promoter company. Points can be redeemed for rewards thereafter –

  • Cash earning through PayPal
  • Amazon Gift Vouchers
  • Retail e-cards
  • Entries for Sweepstakes

But to redeem points into a reward, you have to gain at least 3,000 points which is equivalent to AUS 6.5 or Rs. 300/- in Indian currency, approximately. Members can also get access to prize draws monthly at the cost of 300-500 points, depending on their location. With sweepstakes entries, you have availed the chance to win some prizes and gift cards.

Users can also earn points by indulging in forum discussions, participating in special surveys, or just by updating their profiles. Even after rejection after participating in a survey on the grounds of ineligibility, you are awarded 20 points. Typically, you are invited to participate in at least two surveys.

Now, after all the discussion we come to look at if you should choose The Panel Station among a range of paid-survey sites or you should look the other way. These can be pros or cons if you choose ‘The Panel Station’ to earn money online in your spare time –

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Pros

‘The Panel Station’ also offers a mobile app. You can cashout with it using PayPal.

This facility may not be offered by some paid survey sites and is especially useful to Indian users.

Cons

                The major disadvantage with using ‘The Panel Station’ is redeeming is not instant. and actual cash payout can be delayed considerably.

Means when and how you get your payment is uncertain. However, such websites claims that they reward their members instantly.

 

Final Words

The ‘Panel Station’ is definitely a good platform from a reputed brand to consider if you are looking to earn some money online without investment. You can earn just by expressing your opinions. It offers a number of opportunities to earn points as well as granting access to a variety of different payout options. While rewards offered may not be as big as come with some other famed players but the level of professionalism found in all disciplines of ‘The Panel Station’ makes you feel secure with regard to your privacy and payment reliability.

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