So it looks like Pinecone Research is going to a points system like other survey panels. My thoughts on this is that I don't really like it because redeeming points for cash and merchandise can be a bit confusing.
I like how when I complete a product test survey with Pinecone, I get my payment the very next day and no other survey panel pays that fast. I'm going to continue to keep getting paid cash for each survey like I regularly do through PayPal since I'm not interested in getting free merchandise.
Here is the email I received last week:
We are pleased to announce the launch of a new incentive plan to provide additional flexibility for your payment redemption. Soon you will start receiving points for each survey you complete. The
points can be redeemed for cash or for items from our website.
The value of the points will be equivalent to what you currently receive in cash.
With this change, you will have the option to redeem your points for merchandise after completion of one study or to save the points to redeem a larger item from the website. If you choose the cash-out option you are able to do the same. You can redeem your cash after one survey or you can accumulate points over a period of time and redeem them for a larger check at a later time.
We are happy to be able to add options to your rewards experience. You will receive an email confirmation in the near future to confirm when the transition is complete.
Thank you for your continued interest in our panel and we look forward to being able to include you in future surveys.
Have a great day!
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I'm Louida from Atlanta, Georgia and I'm a mother of two daughters, blogger, and full time working mom at a Business Consulting Firm.
I love helping others learn how to start working from home on the internet free to supplement their current income.
I also blog at Productreviewmom.com
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