NewtonX Review
NewtonX is an expert networking platform focused on B2B surveys. As compared to more traditional expert networks such as GLG and AlphaSights, NewtonX has expanded rapidly within online data collection by developing access solutions to B2B professionals. By building a vast database of B2B professionals, they are able to reach very specific target groups matching the precise subject matter expertise their clients are seeking.
How do I join NewtonX?
You can apply to NewtonX by showing your interest and leaving your contact details on their webpage, and they will use their AI-driven platform to check if you’re a good match with any upcoming opportunity. This is different compared to how a standard consumer panel works which asks you to fill out a huge amount of profiling questions in order to qualify. By populating your profile with available public meta-data they will save you from the trouble of filling out an endless amount of profiling questions.
After you get matched with a survey opportunity you’ll need to consent to participate in the research. NewtonX will then send you an email invitation with a secure link to the survey. If you qualify after answering the first few questions and then complete all the remaining questions, you will get paid through bank transfer or a prepaid debit card. In return, the client of NetwonX gets valuable data from a verified B2B professional such as yourself. The survey data will be analysed and used to make better-informed decisions linked to business decisions and investments.
NewtonX offers more than just core services of B2B surveys and expert network calls. They also engage experts in longer-term, in-person assignments. There is also the option for moderated interviews where outside experts are asked to interview other experts for your client. This increases speed and solves compliance issues.
“Our proprietary, AI-driven search uncovers sources of niche knowledge. Every search is custom, we never recycle data, and we guarantee 100% fraud-free research.” NewtonX
How much can I earn with NewtonX?
NewtonX may offer two types of engagements to potential consultants when they reach out to them:
- Traditional 1-hour consultation by phone or video with a client about a topic of your expertise. Usually in the range from $100 to $500 per hour.
- Web-based B2B surveys earning rewards of anywhere from $20 to $200
NewtonX is one of the most prolific facilitators for paid surveys among expert networks. Surveys focus on business topics such as buying/budget allocation trends or how you see a group of products or companies.
It could be short-form or multiple-choice, ranked, or both. However, it will likely take between 10 and 15 minutes. Registration in the firm’s expert network will double the cost of the survey.
The system will prompt you to enter your payment information after the survey. Payments should be made within 24 hours. A check may take longer. PayPal is also an option.
The initial questions of the survey, which are similar to other expert networks, serve as a screening tool to make sure you meet the client’s criteria. You will not receive the complete survey or be paid for participation if you do not meet the selection criteria. If the quota of experts for your type (firm size and industry, title, currents/formers etc.) has been met, you will be notified. Once the quota of experts for your type (firm size, industry, title, etc.) has been met, you will be asked to complete the survey. You will then be notified and not directed to a page to collect payment information.
Is my personal data protected?
Confidentiality and anonymity are core aspects of how NewtonX operates. Projects are always anonymous unless stated at the outset and with the consent of our professionals. Professionals participate as individuals who share experiences based on their long-standing careers, not employees or official representatives of their organization. Per NewtonX’s terms and conditions, sharing any material non-public information, confidential information or any information that cannot be disclosed due to existing contracts is forbidden. While NewtonX will verify your identity to ensure high-quality, human responses for their clients, NewtonX will never share your personal information.
What topics will be covered in the survey?
The vast majority of NewtonX’ clients will be focused on B2B audiences. What is a B2B survey? Basically any type of survey which asks business-related questions linked to your professional experience. As opposed to consumer surveys which ask questions about your shopping and private consumption habits. In this way, B2B surveys cover all industry sectors from typical blue-collar professions to white-collar office employees.
Is NewtonX legitimate?
Yes, NewtonX is a legit business with brick-and-mortar offices and real employees. In our experience, the payment arrives soon after the engagement. So even if it can seem too good to be true to receive $50 for a short survey, we can confirm that this is a real opportunity which will translate into cash. The reason why NewtonX is paying more than standard consumer panels is that their clients are looking for a very specific professional B2B target group. And in the market research world, clients pay more for scarce B2B target groups as compared to general consumers. That’s why you should use HuginX to find a gig which is matching as closely to your line of work as possible. In this way, you get paid a more fair rate for your valuable time, as compared to signing up for the first and best consumer site.
How do I get paid?
For Consultations:
Before starting your consultation, you will receive an email with a unique link where you will be prompted to sign the terms and conditions and provide your payment preferences. NewtonX currently offers bank transfers (domestic), bank transfers (international), prepaid debit cards and PayPal payments. Your payment will be processed within two weeks of the date your consultation was completed.
For Surveys:
Upon completing each survey, you will be directed to add your payment preference. Payment methods available will be listed on the invitation to complete the survey but often include a gift card of your choice (50+ options including Visa and MasterCard) or a donation to charity. Gift card choices may be restricted due to the country. You will receive an email within 48 hours to claim your reward.
Email invitation from NewtonX to participate in a B2B survey:
Email received from NewtonX after completing the B2B survey:
Confirmation of reward after clicking on the secure link in the email:
Any negatives in answering surveys from NewtonX?
While it can be tempting to take a highly paid survey or take a one-hour consultation call, keep in mind compliance rules related to your current employer before deciding to answer. You need to avoid taking surveys or consultation calls on subjects directly concerning your employer to avoid any conflict of interest. You also need to make sure you’re not sharing any confidential information or material non-public information. Keep in mind that your answers will be shared with NewtonX clients. Even if your personal data such as name and email address will remain anonymous while taking surveys, sharing multiple data points could make it possible for a 3rd party to identify you by triangulating your answers.
What’s the best part of taking surveys from NewtonX?
While you can expect only $0.50 per 10-minute survey from a low-paying consumer panel, NewtonX usually pays at least $50 for spending the same amount of time taking a B2B survey. That’s 10X better payment than a consumer survey! In this way, the payment is a lot more fair and much closer to what you’re paid in your professional role. Considering the fair payment level you should definitely try to leverage your professional insights and take part in surveys from NetwonX if you’re already taking consumer surveys. You also don’t need to wait for weeks and months to get paid – you’ll get your cash reward after every single engagement. Plus you can leverage your professional experience and learn new things about what’s going on in your industry.
Can taking surveys from NewtonX be a good income source?
Not really. While the payment is fair as compared to the time you spend taking surveys, the invitations to participate will arrive very sporadically. You could receive two survey invitations within a few days, but you could also wait 2 months between each survey opportunity. In this way, you can’t really rely on NewtonX as a consistent source of income. But it can be a nice way to earn some extra cash from time to time.