Pinecone Research Changing Their Payouts for “Grandfathered” Panelists
For many years I’ve participated in Pinecone Research. I enjoy being a panelist. They send you surveys and products to try and you get compensated for your time and energy by getting $5 per survey (unless it’s household questions) and $5 for every product you try. Well, I guess I should say you used to. About a year ago, they changed new sign ups to get paid $3 per survey and entered into a drawing to win $500. They have recently sent out a study to current members that were still getting the $5 basically telling them that they are changing everyone to $3 per survey and sweepstakes.
I think it sucks. Sure, there are times you answer questions and don’t get compensated for them, but they really aren’t that bad. There is an option to leave it at $5 a survey, but it basically says if you do that you probably won’t be getting very many surveys. I think I’m going to go ahead and change to the $3. Do I like it? No. But I enjoy being a panelist and a part of Pinecone Research and want to continue doing so.
Do you do Pinecone Research? What do you think of the recent changes? Is $3 good enough?