Opinium Panel Review
Considering signing up for the UK-based Opinium Panel? Let’s take a look at what it offers. Stay tuned for an honest review to help you decide if it’s the right fit for you.
Andrew: Andrew is one of our reviewers who’s been with HuginX the longest. With a background in membership support at one of the largest survey companies, Andrew has a lot of inside knowledge of the Market Research industry and has helped us refine our reviewing criteria. When Andrew is not working with reviews, he likes to go hiking with his dog Charlie.
What is Opinium Research?
Opinium is a survey site owned by the market research agency Opinium Research, a London-based company founded in 2007. According to data from SimilarWeb.com, the site attracts approximately 26,000 visitors per month, which makes it a relatively small panel site. Registration is only possible if you have a valid UK address. Similar sites in the same domain include Panelbase, YouGov, and AnswerPoints.
Is Opinium a legit survey site?
After taking surveys through Opinium for several weeks, we can confirm that this is a site that does not scam people; it does not engage in fraudulent activities or ask for sensitive financial information such as credit card numbers. This should be reassuring for users who might be wary of potential scams or identity theft.
The fact that Opinium is a legit market research company and a corporate member of MRS and ESOMAR adds to its credibility. Market research firms conduct surveys and collect data on behalf of various organizations to gain insights into consumer behaviour, opinions, and preferences. Legitimate market research companies like Opinium adhere to strict ethical guidelines and data protection policies to ensure the privacy and safety of their survey participants. In conclusion, it’s evident that Opinium can be considered a legitimate survey site.
Data Privacy: Any reason for concern?
Your Opinium Panel profile information is never sold or given to a third party. The Opinium Research Panel is registered with the Information Commissioner’s Office in the United Kingdom (ICO). The Data Protection Act of 1998 governs it. All information is kept strictly confidential, and your privacy is protected. Without your express permission, your name will never be sold, exchanged, or distributed to another party.
How to get started
To become an Opinium Panellist, go to the website’s “Take Surveys” section and click the “Register Now” button. You must fill out a brief survey about yourself and agree to the Terms & Conditions. Anyone over the age of 18 who is a UK resident can join the Opinium Panel. If you are chosen to participate in a survey, you will receive a survey invitation via the email address you registered with. The invitation will include information about the reward you will receive for participating, a rough estimate of how long the survey will take to complete, and when the survey will close.
How much can I make on Opinium?
Opinium offers bank transfers, which is a convenient choice as they give you more flexibility in how you use your earnings.
Now, let’s talk about the rewards you can expect per survey. Based on my experience and the information available, the average reward per survey on Opinium is around £0.50. It’s not the most generous compensation out there, but hey, every little bit helps, right?
One thing that did concern me a bit is the relatively high payout threshold. Users can only redeem their rewards once they reach £25. Reaching that threshold might take a while, especially if the average reward per survey is on the lower side. With an average reward of just £0.50 per survey and a payout threshold of £25, that means users need to complete around 50 surveys on average! That’s quite a commitment, and it might deter some people who prefer quicker access to their earnings.
In conclusion, Opinium’s rewards and overall compensation have their ups and downs. The choice of bank transfers is great, and the join bonus could be enticing, but the relatively low average reward per survey and high payout threshold might not be everyone’s cup of tea. If you’re patient and willing to put in the time, it’s worth a try. However, it’s essential to be aware of the number of surveys you’ll likely need to complete before you can withdraw your hard-earned rewards.
Top Rated Panels
- Transparent payment system
- Low redemption level
- High incentives compared to regular consumer survey sites
- Good selection of payment options
- Interesting survey opportunities
- High qualification rate
- Simple user interface
- Surveys are not always mobile-friendly
- Complex questions which can take a lot of concentration and time to fill out
- High quality survey experience
- Interesting surveys on trending topics
- You always qualify for surveys (once signed up)
- Well paid survey opportunities
- Tablet and free internet service offered to households without internet access
- Not possible to sign up without a special invitation
- Not too many survey opportunities (2-5 per month)
- Free to join
- Earn referral commissions
- Fair incentive level
- Good survey experience
- Professional MR company
- There is no signup bonus
- The minimum payout threshold is high
- PayPal and bank redemptions can take up to 30 working days to process
- Owned by one of the largest market research companies
- Above average payout per survey
- A low threshold to redeem rewards
- Easy to qualify for surveys
- Low volume of survey opportunities
- Technical glitches using the Pinecone Research app
- No payout threshold
- Gives loyalty credit if you do not qualify for a survey
- Above-average incentive levels
- Limited earning opportunities
- Hard to qualify and low pay for partner surveys
Summary – Pros and Cons
On the positive side, Opinium does present some appealing aspects. Firstly, the promise of interesting topics is a crucial factor that can entice users to participate in surveys. Boring surveys can quickly become a waste of time, but with Opinium’s focus on intriguing subjects, users might find the experience more engaging.
Secondly, the cash payments offered by Opinium are undoubtedly attractive. Many survey sites compensate users with gift cards or rewards, but cash payments provide more flexibility and practicality, allowing users to use the money as they wish.
Thirdly, high-quality surveys are essential for both the participants and the companies conducting the research. By providing well-constructed and well-designed surveys, Opinium can offer valuable insights to its clients while ensuring users’ time is well-spent.
Fourthly, a transparent reward system is always a welcome feature. Users want to know exactly how they will be rewarded for their efforts, and having clear guidelines on how points or cash are earned can build trust and loyalty among survey takers.
Lastly, being a legit market research company is vital in an industry where scams and fraudulent sites exist. Opinium’s reputation as a genuine and reliable company adds credibility to its surveys, making users more inclined to sign up.
The most significant drawback is the high payout threshold. Some survey sites set high minimum thresholds for cashing out rewards, making it challenging for users to access their earnings quickly. This can be frustrating for those looking for quick access to their survey rewards.
Furthermore, low compensation can be discouraging for users investing their time and effort in completing surveys. If Opinium does not adequately compensate its users for their contributions, they may lose interest and seek better opportunities elsewhere.
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Disclosure: While HuginX is editorially independent, we may earn commissions on sign-up links.
- Interesting topics
- Cash payments
- High quality surveys
- Transparent reward system
- Legit market research company
- Low incentives
- Hard to reach the payment threshold