Welcome to my website DigitalWorldGuru.com and my Peanut Labs review. It’s not hard to guess that you were looking for a way to make some money online and you have ended up with landing page of Peanut Labs. Now you want to know the answer to this question: Is Peanut Labs a scam or there’s some secret weapon behind peanuts which can make you thousands of dollars?!
If this is what you want to know, you have landed in the right place because I’m going to answer the exact question you are looking for its answer in my article and when you are done with reading my review, you’ll easily know if Peanut Labs is going to cheat people and wastes their time or not.
So let’s start without wasting time! )
Product Name: Peanut Labs
Official Website: http://web.peanutlabs.com
Owner: Peanut Labs, Inc.
Type: Get rewards to complete surveys
Cost to Join: 0 (It’s Free to join it)
Overall Rating: 2 out of 10
What Is Peanut Labs All About?
Joining different types of survey companies was one of my hobbies long years ago. I can say that there was not any new survey platform that I’ve not tested at that time so I know how these sites work exactly even better than their owners.
The landing page of Peanut Labs is different than what I’ve seen in similar sites like Dollar Shave Club. To be honest, when I landed on the official page of Peanut Labs, I didn’t expect to see anything different than a normal survey company but what I’ve found convinced me to take a closer look at paying more attention to it in my review.
I always start to find information about the background of a product or company because I believe that what a company has done in the past shows what it’ll do in the future. Well, to be honest, I was surprised to see that Peanut Labs is still up there and active because there are tons of negative things about this company and if I was a decision maker, I shut it down for sure long time ago!
Without a doubt, Peanut Labs is not a scam and this is what I’ll explain later but what I want to talk about now is how it works. Peanut Labs makes you money through taking online surveys and it rewards you every time you complete a survey.
With taking a look at registered members of this platform (+3 Million) everybody thinks that it’s absolutely a brilliant opportunity, especially when you hear that according to their claim, members of Peanut Labs have made more than $10 million dollars during the last years! For now, I just say that you should not believe it and I’ll explain why in the next couple of lines.
By the way, taking the survey is not the only option for getting the reward in Peanut Labs and by sign up to different sites which is suggested by PL, you’ll have more opportunities to gain more rewards.
Before going to the next section, it should be said that even if we believe that Peanut Labs is telling the truth and it really paid $10 million to the members, with a simple calculation, we’ll find out that ~$3 is what each member could make from this platform. Yes, only $3 for the whole work!
How Does Peanut Labs Work?
One of the most interesting things about this platform is that it’s not possible to create an account through their official website if you decide to give it a shot and you’ll be directed to well-known survey companies like Toluna or Swagbucks when you want to register with them.
Those well-known platforms are websites that Peanut Labs is integrated with which means you’ll have access to Peanut Labs through a third-party platform and this makes the signup process more difficult.
When you’ve completed your registration form through a third-party website, it’s time to start earning rewards. As I’ve mentioned, the main way of earning rewards is completing an online survey but it’s not the only way.
From the time you start to take surveys on Peanut Labs, you’ll understand that it’s far from your expectations. For example, most surveys take more than 15 minutes to be completed and IF you get qualified (it happens a lot that you won’t get qualified for completing a survey) you’ll only earn $0.50 for this 15 minutes!
Do not you think that working at Mcdonald’s is much better than trying sites like Peanut Labs?!
Get Paid to Sign Up With Different Websites
According to your geolocation, you can get a list of websites for sign up which you’ll get paid if you register on any of them. Some of these sites are pretty well-known like eBay or Amazon and sometimes there’s a fee included for signing up with them.
For example, if you like to join Amazon Prime, it costs you $10 but if you do the signup process through Peanut Labs, you’ll earn $2 as sign up bonus which reduces the initial cost to $8. It works like a discount and can be useful only if want to sign up with those sites any way otherwise, spending $10 to make $2 does not have economic justification at all!
How Much Money You Can Make With Peanut Labs?
If you work full-time with them and try multiple sites at once then you may be able to make around $150 in a month. But keep in mind that spending 6 to 8 hours daily is the minimum amount of time required to reach that amount of extra income otherwise if you look at it as a normal survey platform and can’t spend more than 2 or 3 hours in a day for taking surveys then you should decrease your expectation to $30 monthly and in that case, this is the best scenario can happen for you.
The nature of survey sites does not let you turn this business to your full-time or even part-time job because there are expenses in your daily life which need to be covered by your income source and those few extra bucks that can come from survey companies is not enough at all to cover these expenses.
Peanut Labs – The Good, The Bad
- Well, it’s not good to say this but the fact is that I have not found any positive point on Peanut Labs except that its free of cost. It does not charge you anything and you can signup with them for Free.
- Making not more than $30 or $40 monthly
- Most of the trial offers have paid-membership and what you’ll get as rewards is much less than what you pay to sign up with those trial offers.
- You never know if you get qualified for taking surveys or not unless you complete a survey. This means you may spend 15, 20 or even 30 minutes for taking a survey then you’ll see that there’s no reward because you won’t get qualified for that survey.
Final Word – Is Peanut Labs a Scam?
When a company is on the business for almost a decade, it naturally shows that they are not doing something wrong or illegal. This confirms that Peanut Labs is not run by a scammer and they really rewarded members. However, this fact that there’s no chance to make any significant amount of money with Peanut Labs stop me from recommending it to you if a consistent income is what you are looking for.
The additional income that comes from sites like Peanut Labs never can be a good replacement for your current full-time income and it’s the main reason why many people prefer to build their own online business rather than working for other companies. I think it’s not logical to rely on a business that you can’t even pay your bills with.
It’s better to consider survey companies as a side job with very low-income potential if you want to take it seriously but most of the times you won’t feel good when you see that all your hard work in survey sites only bring you a few extra dollars and you just let survey companies takes advantage of your entered information in survey forms.
Doing a little research before trying any new MMO product let you not waste your valuable time on crappy sites. Also when you signup on different sites from a third party platform like Peanut Labs you put yourself in a risk of losing your personal info so always be careful about it.
Before I start to build my own business online through the platform I’ve mentioned below, I was trying to make money from survey sites and tried many other ways but I didn’t get any result and gave up after a while; I’ve found out that this is not the right way for making money online and when I’ve found the best way, the result came right after starting it and I was able to make more than my full-time job from it so I left my 9-5 job too.
If you are interested to find the right way of building a successful online business, see my recommended platform below to get familiar with the best and truest way of money making online. It’s the way I personally use to make money online and I’m totally satisfied with the result.
My Best Recommendation
If you’re serious about making money online and are willing to put time and effort behind a Legit & Reliable program to make a living from the internet, Here is My #1 Recommendation!
It’s my Top-Rated program with a trusted community of +1 Million Members and here is why I highly recommend it:
- It’s totally FREE to join. No Hidden Cost at all!
- You’ll have Best Personal Coaches in ALL steps of your training.
- You’ll learn how to Build a Thriving Online Business step by step.
- It’s a legit and honest way to make a Full-Time Income on the internet.