If you are looking to make some pretty easy money online from the shopping you already do, then National Consumer Panel is an option worth considering. But is this place any good? Or will National Consumer Panel scam you in one way or another?
In this review I’ll be going over what you need to know about this place before signing up or not. I’ll cover how it works, how much you can make and more. And Spoiler Alert: Its not a scam.
National Consumer Panel Review
National Consumer Panel, or NCP as I will be calling them, is a market research company that conducts research on consumer shopping behavior. As a consumer yourself, you are able to participate and earn some extra cash doing so.
Basically all you will be doing is your normal shopping and then uploading the receipts on a weekly basis to NCP. They collect this data and sell it to big companies so that they are able to improve products/services.
How It All Works
The first thing that you will have to do is obviously sign up (can be done at ncponline.com). This is free to do but they limit the amount of people able to join so there is no guarantee that you will get accepted.
If you do get accepted there will be an app that you can download that will allow you to scan bar-codes of the items you buy. And if you do not have a smartphone they will actually send out a handheld scanner to you at no cost if necessary.
What you will be doing is shopping as you normally do. And when you are done you will scan each and every item you bought. This can take a while to do.
You will be compensated in points for scanning your purchases and once you get enough points (8,000+) you will be able to redeem them for rewards. They have their own gift catalog that you will be able to choose rewards from. These include everything from gift cards to common household items like small appliances.
How Much Can You Make?
If you think you will make much money here then you are just going to end up disappointed. Its definitely an easy way to earn money but you won’t be earning all that much at all.
1,000 points equals $1. And as I said, you have to get up to 8,000 points before you can redeem them. This can take a long time. From reading through a bunch of user reviews I found that most people seem to be earning anywhere from 200 to 500 points. So if you go at this rate then you won’t be able to cash out for at least 16 weeks.
If you factor in the time spent scanning bar-codes you will find that you are earning very little, literally $1 – 2 per hour usually.
I’ve read through more than one complaint about the handheld scanners that NCP sends out not working all that well.
If you shop at some stores you will be required to enter in the price you paid for the items. This is usually for smaller stores that don’t keep price indices. If this is required then it will take you about 3X as long as normal and wouldn’t be even close to worth the pay.
Besides there being complaints about the scanners not reading the bar-codes too well, there are also complaints about not receiving the scanner, about sending it back and NCP claiming they didn’t receive it, and all sorts of things.
If you don’t have a smartphone then I would probably stay away from NCP just because the scanner seems like a real hassle.
Conclusion on National Consumer Panel – Good Opportunity?
Whether or not this is a good opportunity kind of depends on your situation. Like I said, if you don’t have a smartphone and aren’t able to get the app for NCP then it might not be worth it. Also, if you do a lot of your shopping at small stores that aren’t a part of big corporations then there is a chance you will have to enter in all the prices when scanning your purchases, which would also make it not worth the time.
But if you do shop at big stores that keep price indices and are able to get the app then this could be an extremely easy way to earn on your shopping that you already do. Just don’t expect to earn all that much still.
Something else that you I think you should take a look at is Ibotta. Ibotta is one of my favorite cashback apps out there and is particularly good for in-store grocery shopping. You will earn money back for your shopping.
And if you are looking for a way to earn more than just a little money in your spare time you might be interested in this program. I’ve been a member since 2015 and make a full-time income with it now.
Questions or comments? Leave them below in the comment section and I’ll get back to you ?