Yo Panel Review
Yo Panel is a classic panel website and mobile app where users receive virtual points for sharing their thoughts through online surveys. Once you have accumulated enough points, you’ll be able to exchange them for rewards of real value, such as PayPal cash transfers or gift cards.
Is Yo Opinion legit?
The panel is operated by Made in Surveys (MIS Group), a legit European market research firm with offices in several countries. As such, you can expect to get paid according to their rules. The MIS Group is also a member of the market research associations ESOMAR and MRS and adheres to their guidelines regarding online research methods.
What can I earn on Yo Opinion?
Like many other survey sites, Yo Opinion offers either cash through PayPal or gift cards like Amazon. This will satisfy most people, but keep in mind the minimum redemption level. Only until you’ve accumulated points worth at least $10 will you be able to redeem. The average compensation per survey is less than $1, slightly above what you can expect from comparable survey sites.
What about my data? Are they safe?
We like the fact that Yo Opinion is upfront about its owner, the MIS Group. They also refer to the ESOMAR code of conduct, which is helpful for respondents in doubt about how they will be treated. As a professional market research company, you can expect the MIS group to do their utmost to keep your data safe. While they will share your survey answers with their clients, you can expect your contact details, such as email address and phone number, to remain confidential. They will only share your data for market research purposes.
This is one of the best-written privacy policies we have seen. Well done, MIS Group, for being transparent and making it easy for respondents to understand how their data is used.
- High level of transparency
- Focus on data protection
- Relatively low minimum payment threshold
- Sometimes survey questions are repeated
- Average rewards