National Consumer Panel Review
National Consumer Panel (Updated Review: 2022)
If you live in the United States, the National Consumer Panel might be a fun way to provide feedback while shopping. You accomplish this by scanning all of your groceries and being compensated for it. You participate in paid surveys.
Giving input on the National Consumer Panel is a unique method to earn money. Is National Consumer Panel, however, a rip-off or a genuine opportunity?
Let me start by saying that there are members of this panel who are both very satisfied and very dissatisfied.
I can tell it's genuine right away, but whether you'll be one of the happy or unhappy members is largely determined by your expectations.
So, in this National Consumer Panel review, I'll go over all the specifics so you know what to expect and can simply determine whether it'll be worthwhile for you.
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Table Of Contents
- What is the National Consumer Panel, and what benefits does it provide?
- Option 1 – When you go shopping, scan your items.
- Option 2 – Take part in surveys and special studies conducted by the National Consumer Panel.
- Option 3 – Sweepstakes
- Option 4 – Benefits of Membership
- What method you can use to get paid?
- How much money you'll be able to make?
- Who is eligible to join the National Consumer Panel?
- Is it possible to receive support?
- Final Thoughts
What is the National Consumer Panel, and what benefits does it provide?
National Consumer Panel is a collaborative effort between Nielsen and IRI, two of the country's most prestigious market research firms.
So there are some respected and legitimate companies behind it, and it has been in operation for over 30 years, so it is a legitimate panel.
So there's no need to be concerned about that. This does not, however, imply that it will be a good panel for you to join, as it is unlike most survey sites where you can get paid to give feedback and share your ideas.
So, let's go over your options as a National Consumer Panel member.
Option 1 – When you go shopping, scan your items.
The primary function of the National Consumer Panel is to collect information on shopping behaviours.
This information is utilised by manufacturers to help them improve their products and services. As a member, you will be given a scanner that you may use to scan all purchases when you go shopping in order to collect as much data as possible.
You can utilise a handheld scanner or smartphone app to do so.
According to the comments I've received from members, the scanner can occasionally have technical issues.
You are also responsible for the equipment, therefore if you decide not to be a member anymore, you must ensure that the scanner is returned.
As a result, the app appears to be the logical choice for me. You may start using it right away, and you won't have to worry about any equipment or carrying a scanner with you when you go shopping.
But, in any case, after you've decided on a scanner method, you'll use it to scan the barcodes on all of the things you buy during a shopping trip.
You must also supply information about things that lack barcodes, such as fruits, vegetables, baked goods, and other items.
You must also include information about which store you visited if you shopped online and other general information.
All of this information will be forwarded to the National Consumer Panel once a week and used for market research.
For manufacturers and merchants, the data is valuable information that they will use to improve, thus they are willing to pay for it.
As a result, you can earn prizes for participating and doing so.
This is the primary method of accessing the National Consumer Panel, and you must utilise it as a member. If you don't scan for a few days, they'll contact you to see if you still want to be a member.
So, based on what I've learned, you can't be inactive for too long to be a member.
Option 2 – Take part in surveys and special studies conducted by the National Consumer Panel.
You are also urged to participate in surveys as a member of the National Consumer Panel.
This is a means for the panel to collect more information and for you to provide feedback by asking follow-up questions about your shopping habits. Participating in these will also win you rewards.
I couldn't locate any information on how many points you got for completing the surveys. However, the duration of the survey will most likely determine this.
However, you should not expect to make a lot of money by participating in National Consumer Panel surveys; instead, you should participate if you want your voice to be heard.
There will be occasions when you will be invited to participate in unique research that will earn you additional incentives.
Option 3 – Sweepstakes
Sweepstakes with huge payouts are a terrific feature of the National Consumer Panel. You'll gain entry into these sweepstakes if you participate on the platform on a regular basis. Weekly, monthly, quarterly, and annual meetings are held.
In fact, the prizes in these sweepstakes are quite impressive.
The most lucrative prize is a $20,000 cash prize in the quarterly sweepstakes. Because it is such a large incentive, being a member can be extremely profitable if you are fortunate.
Other prizes vary from $25 to $500, and you can even win merchandise.
In conclusion, there are some fantastic sweepstakes alternatives available. To receive any of these, though, you must be extremely fortunate.
Option 4 – Benefits of Membership
As a member of the National Consumer Panel, you may be eligible for special discounts from the panel's partners on occasion.
They provide savings on AT&T Wireless Plans and Accessories, for example.
It is not worth joining the panel only for this benefit, but it can occasionally result in significant savings.
What method you can use to get paid?
So now you know what it takes to join the National Consumer Panel and how much money you can make there.
You will receive points for every week you participate. It's a little unclear how many points you'll receive for scanning. Some claim that each item you scan earns you 20-50 points. Others claim that when you initially begin, you should expect to earn 150 points per week.
This ambiguity may be due to the fact that points are awarded based on how long you have been a member. Because the National Consumer Panel expressly indicates that the longer you remain a member, the greater the benefits you will receive.
In the case of surveys and special studies, the length of the survey or study will determine how many points you get. You'll also get a bonus on your birthday, as well as when you've been a member for three, six, or twelve months, as well as every year after that.
You can then use your points to purchase items from the National Consumer Panel's extensive gift catalogue.
From the National Consumer Panel's gift catalogue, you can select your prizes.
It is crucial to note, however, that you will not be compensated in cash.
It's almost as good as cash with the variety of prizes available, but if you just want to engage in platforms that pay in cash, you should look at the best PayPal survey sites instead.
You must acquire 8,000 points before you may receive a reward from their gift catalogue. Of course, you can gather more and save for bigger prizes if you want.
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How much money you'll be able to make?
It's tough to say how much money you can make as a member of the National Consumer Panel.
The longer you remain a member, the more benefits and possibilities you will receive.
However, regardless of what you do, you will not make a lot of money. It can be entertaining to engage and a fantastic opportunity to provide feedback, but scanning all of your purchases might take a lot of time and effort. As a result, you should be informed that your efforts will not be rewarded with a high hourly rate.
However, as a method to supplement your income, it may be a fun and unique way to do it, and if you're lucky, you could win some fantastic prizes in the sweepstakes.
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Who is eligible to join the National Consumer Panel?
The National Consumer Panel is unique in that it does not accept just anyone as a member. To begin with, it is merely a panel for the United States.
If you do not live in the United States but want a similar service, Nielsen Homescan is a good option. It is similar in some aspects but is available in more countries.
Even if you live in the United States, you have not assured membership. You'll need to fill out an application and wait to hear back.
If you are authorised, it will be based on your demographic categorization (This includes where you live, how many people settle in your household, and so on.). They are sometimes looking for certain groupings, but there are too many of them.
You will be put on a waiting list if you are not approved.
But why not give it a chance if you're curious? They are always looking for new members, so it's possible that you belong to one of the groups they are looking for.
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Is it possible to receive support?
You have numerous options if you require assistance from the National Consumer Panel. You can contact them via email, Facebook message, or phone.
They provide a phone number on their website that you can call if you need assistance, which is a good and quick way to receive aid.
Regarding their support, I've heard a variety of perspectives. Some users complain on Facebook that there are technical issues or that support is slow. Others have expressed gratitude for the assistance.
However, I've seen that when someone publishes something on their Facebook page, they respond quickly.
Whether consumers leave a positive or bad review, they receive a response.
This is an excellent indication that they are aware of and interested in what members have to say.
Of course, this does not guarantee that it will be the greatest site for you to join, as your expectations will play a large role.
However, it is comforting to know that if you join and require assistance, their support team will pay attention.
National Consumer Panel is a legitimate panel that differs from many others where you can be compensated for providing comments.
However, whether or not it is worthwhile for you to join is mostly determined by your expectations.
So let's wrap up this review by summarising the pros and cons so you can get a better picture before determining whether it's right for you.
- Joining is completely free.
- It can be a fun and unique method to provide feedback.
- There are some fantastic sweepstakes prizes available.
- For the amount of time invested, the benefits are rather minimal.
- Does not accept cash as payment.
- Acceptance as a member can be slow.
Overall, I believe the National Consumer Panel may be a pleasant method to provide input while also earning prizes.
You should only do it for pleasure and to make a little additional money, as it will not pay off unless you win the quarterly sweepstakes.
If you decide to join, I strongly advise you to utilise the mobile app once you have become a member because it is far more convenient and, in my opinion, will save you a lot of time over using the scanner.
Just keep in mind that new members are not always accepted, but if you think it sounds like a fascinating panel, why not give it a shot.