I've been yapping about survey and reward sites for my many moons. True, they don't pay a lot on their own, but adding a few bucks to your cash flow for stuff you do online anyways, just makes “cents” to me. It falls right into my multiple streams of income philosophy that I preach here regularly. So with that said let's see if Global Test Market will be another stream of income that you can use.
What Is Global Test Market?
Founded in 1999, GlobalTestMarket.com is powered by Lightspeed GMI, one of the world's leading providers of market research. Lightspeed GMI serves more than 1400 clients in more than 60 countries worldwide, and provides a global solution for companies that wish to conduct online consumer research across multiple countries.
Their website provides you with a method to earn extra income by taking surveys and share your opinion about different products and services. Your input will help many companies to improve existing products or services as well as in the decision making for development of new products.
How You Become A Survey Taker For Global Test Market
Becoming a member is FREE and easy. Log on to their website enter first & last name and email address. You then create your account by filling out a short form. This gives you pass word protected access to your account.
You will be asked to complete a handful of short (about 5 min) demographic surveys, which help Global Test Market to find the right surveys for you. Once you have completed these questionnaires, you are ready to go. Check your email inbox regularly for survey offers from Global Test Market. Make sure you ‘white label' their email address, so the survey invitations will not end up in your Spam Folder.
How Does Global Test Market Work?
In contrast to other survey sites, Global Test Market uses a point system to determine the payment value for a completed survey. 1000 points equal $50 dollars. Surveys can be worth Market Points (= money) or points for Sweepstakes entries.
Each invitation will tell you how many MarketPoints or Sweepstakes entries you will earn for completing the survey, or for participating but not qualifying for it. The amount of the reward will vary depending on two factors:
- The urgency of the online survey: More urgent surveys will offer higher incentives
- The length of the online survey: The more time required on your part, the larger the reward.
Each completed survey provides between 35-250 points (the usual amount is 35-50). Unqualified surveys, or screened-out surveys provide a different amount of points, usually 5.
The surveys cover basically all aspects of everyday life:
- Movies & TV shows
- Consumer products
- Current events
- Many other topics that interest you!
Important: Global Test Market is strictly a survey site and they offer this warning:
“If you have received an offer in the mail, by email, phone, or seen an advertisement online offering you work as a “customer services evaluator,” “mystery shopper,” “survey agent” or “customer service rep” for Global Market Insite, Global Market Insight, or Global Test Market, please be advised that this is a scam.
We urge anyone who receives these offers not to cash or deposit any checks, not to send any money to Western Union or Money Gram or engage in any other financial transactions, and to refrain from disclosing personal or bank account information.
If you have been the victim of this scam, we suggest that you contact your local and/or federal law enforcement authorities for advice on how to proceed to recover any stolen funds, secure your bank accounts and to protect your personal information and privacy. (Visit www.naag.org for a list of state Attorneys General)”
Well, that's good to know you are not signing up with one of these scam sites out there.
How Does Global Test Market Pay?
The payout threshold is 1200 Market Points, which equals approx. $50 (USD). You have several options to redeem your points:
- Cash paid via check
- Amazon gift cards
- Sweepstakes entries
- Cash paid via PayPal
- Donations to charity
- Walmart gift cards
What Are The Global Test Market Complaints?
I know this is your favorite part of my reviews where I get down to the ‘nitty gritty‘. On the surface, Global Test Market seems to be what it was many years ago when I was taking surveys there. Back then, as nowadays, you hear the same old and to be expected complaints:
Not Enough Surveys!
There is not much to say about this one than ‘too many survey sites, too many survey takers and not enough surveys to go around. No matter what site you sign up with, there will never be enough surveys to make everybody happy. The only solution is to sign up with as many sites as you can find. Market research is about supply and demand. It's nothing personal and doesn't mean it's a scam if you're not getting a lot of surveys.
Don't Qualify or Getting Screened-Out!
It for sure is darn difficult to jump the ‘demographics hurdle', which is set pretty high. If the survey targets a family of four and you are single, you simply don't belong to the group of folks they want to ask questions.
Getting screened-out half ways through a survey is annoying, but you should not take this personally. Although you initially qualified because you generally fit the demographic group, your previous answers tell that you indeed ‘do not fit, so they make you quit', even if you almost came to the end of the survey. At least you get some compensation at Global Test Market, which I cannot say for all the other sites.
Global Test Market Changed For The Worst!
- The cash-out threshold of $50 is too high, it takes 5-6 months to reach it
- The redemption value was increased from 1000 to 1200 points
- Payments take too long
- Global Test Market Does Not Pay (cancels account)
- Customer Service Sucks
I don't know what happened but as you can see there were a lot of changes that have taken place which have been to the detriment of the members. Back in the days there was never a problem with payments. They did pay and usually within 3 to 7 days, and the customer support was more than decent. Maybe the involvement of Lightspeed GMI had some negative effects. Take a look at some of these reports from as recent as the last 3 months.
I showed you three reports from unhappy members and one from a happy camper; that's about the ratio of bad/good I found during my research. Surprisingly, the heavy complaints coming in didn't start until about May of 2015. Only an insider could tell us what changes took place and how they could have triggered the obvious problems.
So, Is Global Test Market A Scam?
Nope, this company has been around for a while and does pay members. But like every survey company they have complaints and issues on occasion. Some are without merit because people don't understand how market research companies work. But there seems to be a large number of complaints that are piling up just recently that are of concern. So you have to consider them if you decide to join this company. Honestly I don't view survey sites as a way to make consistent income. They're nice to have when you do qualify but I wouldn't depend on them for consistent large sums of income.
If you want to make real money I would recommend you look into My Courses or My Top Free Work At Home Recommendation. Couple it with little opportunities such as Global Test Market and you'll have nice streams of income coming in. So that's how I would approach this. But I'd love to hear your two cents about this company or surveys in general. So feel free to share your opinions in the comment down below. I'm not going to pay you for it like Global Test Market may but I do value it if that means anything. lol
Until next time my friends.
Eddy with a y