Daedalus Online Review
Daedalus Online is a Romanian panel company which is specialized in consumer research across Eastern and Central Europe. In return for survey participation, Daedalus offers virtual points that can be exchanged for real cash. In this review, we’re looking at the pros and cons of joining Daedelus as a survey taker.
Is Daedalus Online legit?
If you just came across Daedalus, it’s a fair question to ask if you’re dealing with a legitimate survey site. Daedalus Online is owned by a legit market research provider called “Daedalus New Media Research”. Daedelus is one of the largest providers of Romanian research solutions and also offers data collection solutions in neighbouring countries such as Hungary, Ukraine, Croatia, Serbia and Bulgaria. This is a well-established data collection company which has been a member of ESOMAR since 2012.
What’s the concept?
Daedalus is a survey site that offers users the opportunity to earn points by completing various paid tasks, such as surveys. While this may seem like a simple way to earn some extra cash, the business model behind Daedalus is actually quite complex.
The site’s owner, Daedalus New Media Research, generates revenue by selling market research data to its clients. This data is collected from the surveys completed by Daedalus users and is used to gain insights into consumer behaviour and preferences. This information is then used by companies to inform their marketing and product development strategies.
For example, a cosmetic company might commission a consumer survey to gain insight into the purchasing habits and preferences of women aged 25-34 who are interested in natural and organic beauty products. The survey might ask questions about preferred product ingredients, packaging design, and price points. The data collected from this survey could then be used by the company to develop new products that are better aligned with the needs and preferences of its target audience.
Another example might be a political organization that wants to gain insight into the voting habits and priorities of young adults aged 18-24. The survey might ask questions about political affiliation, key issues of importance, and voting history. The data collected from this survey could then be used to inform political campaigns and messaging aimed at this target demographic.
How much can I earn?
While signing up for the survey site Daedalus may seem like a lucrative opportunity to earn some extra cash, the reality is that the rewards offered may not be worth the time and effort required to earn them.
First of all, the reward options on Daedalus are quite limited. Users can only redeem their earnings via bank transfer or PayPal, and the minimum payout threshold is set at €10. While this may seem achievable, it’s important to note that the average points earned per survey is just 45. With each point worth only €0.01, this means that each survey is worth an average of just €0.45.
To reach the minimum payout threshold of €10, users would need to complete a whopping 22 surveys. Considering the fact that many users report difficulty in qualifying for surveys on Daedalus, this may take quite some time to achieve. Even for users who manage to qualify for a higher number of surveys, the amount earned may still be negligible compared to the amount of time and effort required to complete them.
Daedalus adheres to GDPR and offers a detailed website section describing how they use its members’ data. Actually, you’ll even find a separate GDPR page with an extract from the EU regulations. This is quite uncommon, but shows they are taking steps to keep their members informed about their rights, which is great.
Summary: Pros and Cons
Daedalus Online is a survey site that promises cash payments to its users in exchange for sharing their opinions on various topics. While there are some advantages to signing up with this site, there are also some potential downsides to consider.
On the positive side, one of the main benefits of using Daedalus is its transparent reward system. The site clearly outlines how much money users can earn for each survey they complete, which helps to build trust and confidence in the platform. Additionally, Daedalus is mobile-friendly, making it easy for users to access surveys on the go from their smartphones or tablets. And, unlike some other survey sites, Daedalus has a reputation for being free from technical glitches and bugs.
Another major advantage of Daedalus is that it pays out in cash, rather than gift cards and sweepstakes. This means that users can use the money they earn however they like, without being limited to specific retailers or online stores.
There are also some potential downsides to using Daedalus. One of the most common complaints about the site is that it can be difficult to qualify for surveys. This means that users may spend a lot of time filling out pre-qualifying questionnaires, only to find out that they don’t meet the criteria for the actual survey. Additionally, while the reward system is transparent, some users have reported that the earning opportunities on the site are somewhat limited compared to other survey sites.
- Cash payments
- Transparent reward system
- No technical glitches
- Slow payment process
- Limited earning opportunities
- Hard to qualify