Octopus Survey Review

This Octopus Survey review will give you a complete overview of everything about this survey company. You’ll learn how it works, what they pay, and whether or not this service is worth your time.

The Good

  • Octopus Group surveys are designed to be short, simple and user-friendly.
  • Octopus surveys can be accessed from any device with an internet connection
  • You can choose to redeem your rewards as real cash or gift cards.
  • Joining Octopus Group is easy and not too time consuming at all.
  • Octopus Surveys offer great cash (or gift card) incentives, with high paying surveys, higher than other companies in the market.

The Bad

  • Octopus group surveys can sometimes be more complex than other types of surveys.
  • Octopus surveys sometimes require respondents to answer a large number of questions.
  • Many Octopus survey types require respondents to answer a series of questions before they receive their incentive or gift.
  • You need to reach $20 in Octopus cash rewards before you can redeem this money.
  • It can be difficult to qualify for a survey opportunity sometimes

Verdict: Octopus Surveys provide higher cash rewards than other survey companies, averaging at around $15-20 per hour.

Introduction to Octopus Survey Review

Octopus Group Surveys create surveys that allow businesses and organizations to gather feedback on their products and services in order to improve them by providing valuable insight into customer needs. They pay users in cash to complete these market research type surveys and claim to have the best rewards and payouts compared to other survey sites. So is it really worth joining? Read on for my full Octopus Survey review.

What is Octopus Group?

Octopus Group is an Australian owned, leading provider of online surveys. Octopus has been in business since 2003 and currently serves over 100,000 customers worldwide. Octopus Group is a sister company of Octopus Ventures, a leading provider in online research.

Octopus surveys are offered to both consumers and businesses. Octopus Group provides every user a chance at taking part in fun, interesting, easy-to-do online market research opportunities that fit into their schedule – all for rewards! Users can expect survey invitations through email or targeted ads on social media sites such as Facebook. Sometimes Octopus will offer bonus incentives during special times of the year including Christmas time, Valentine’s day etc.

There are numerous surveys available – product testing opportunities or opinion based questions. Each user has access to over 30+ paid market research studies every month. Octopus Group provides both a user-friendly website and an Octopus mobile app for users to enjoy their surveys on the go.

Octopus Survey Review

In addition to being able to earn money through completed surveys, there are ways you can increase your earning power, such as referring friends or family to join up.

How do Octopus Surveys work?

For companies seeking market research:

Octopus Group offers a powerful survey platform that allows you to create surveys, polls and forms in minutes. Octopus is designed for marketers who want to gain valuable insights from customers through an easy-to-use interface with integrated analysis tools.

You can use Octopus Group when conducting market research, gathering customer feedback or performing any other type of work where data collection is key. You will find the process extremely simple if you are familiar with creating online forms because it works similarly but also offers many more features, including advanced options like branching logic and conditional questions within your survey form.

The Octopus Group is built around its Survey Builder, which is an essential tool for creating effective surveys. The builder provides you with a visual interface that allows you to pick and choose the best questions according to the type of research project you are conducting. Each question has different options like rating scales or multiple choice selection criteria but also advanced options like branching logic and conditional questions. Octopus Survey Software handles all the advanced calculations behind the scenes in order to make it easy for you to create a survey. You can choose from a range of options when creating your surveys, including different themes that allow you to change up how they look according to what is most relevant or interesting to your target audience.

For users, seeking to earn money:

The Octopus Group offers a unique way to make money online. The company has a large survey panel that allows users from around the world to complete surveys in exchange for rewards. Octopus members can choose from a range of rewards, which include cash payments, gift cards and entries into prize draws.

Octopus Survey Review
It’s a very quick and easy sign up process to get you started doing surveys and earning cash rewards

As a registered user on the platform, your opinion is important because it helps companies find out what their customers want and need from them.

That’s why they give users like yourself opportunities to share your thoughts about products or services by taking part in quick online surveys throughout the day.

You don’t need any special skills or knowledge to participate in Octopus surveys; all you need is an internet connection and some spare time. Surveys usually take between five and twenty minutes to complete, so they are perfect if you want to make some extra money in your free time. You can also complete as many paid surveys as you like each day, so there is no limit on how much money you can earn. Octopus members must meet certain eligibility requirements but the company is very upfront about these so you can find out whether or not you are eligible to join before signing up.

How much money do you get paid from Octopus Group Surveys?

The amount of money you get paid depends on the length of the survey you are completing. The longer the survey, the bigger the reward. Once your balance reaches a minimum of $20 in rewards in your Octopus account, you can apply for it to be paid directly to you, in increments of $5, by providing your bank details, and it gets paid into your nominated bank account as a bank transfer. You can also select an option to redeem your Octopus money as gift cards. You will actually get more value doing it this way as you can redeem the gift cards for the same price Octopus buys them. For example, a $20 gift card will cost you $19.20 or a $100 gift card will cost you $96.00!

If you do not qualify for particular paid surveys after you have started them, you can still be paid cash, starting from amounts of $0.05.

You can also get paid to refer people to Octopus Group. You can earn up to $20 per referral, but this works as $1 for a referral and then $1 for each survey that friend completes, for the next 19 surveys, with a total maximum of $20 per referral, assuming your friend stays active.

Octopus Group claims to be the highest paying survey site, paying from 80% up to 400% more than other survey providers in the market.

Octopus Survey Review
When signing up, there will be 50 quick questions to get to know you and what products or services you use, to allow Octopus to easily tailor surveys to you

Is there a joining fee?

No, Octopus Group does not charge a joining fee. In fact, there are no membership fees at all. You can participate in as many or as few surveys as you like and you can cancel your participation at any time by unsubscribing. Plus, Octopus Group is always looking for new survey participants, so you can join anytime.

How many surveys can I complete?

You are allowed to complete as many surveys as you want, but each survey has a specific number of questions and you will not be able to complete the survey if you do not answer all the questions.

Also, you can only participate in surveys if you satisfy the qualification requirements of that particular survey. For example, if a survey is looking for single females over the age of 40 with kids at home and you are a 20 year old man, you will not qualify for that particular survey and will therefore not be able to provide responses that are valuable for the person or company seeking the market research for a target group.

As specified above however, you can be compensated for your time completing questions to see if you qualify for a survey, with a small cash reward, even if you cannot complete the survey.

Octopus Survey Review
Available surveys will be displayed under the ‘Survey & Polls’ tab, with an easy link to get started

New surveys are offered regularly and you can receive notifications via the mobile app when more surveys are available.

So the short answer for ‘How many surveys can I complete?’ is, you can complete as few surveys or as many surveys (for which you qualify) as you wish. The more surveys you complete, the more your Octopus balance will increase, therefore more cash rewards.

How long do the surveys take?

An Octopus survey can be taken in as little as five minutes, with most surveys taking no longer than 15 – 20 minutes.

Users are able to take their time completing Octopus surveys, without being put on a timer.

How does Octopus group compare to other survey sites?

Advantages of doing Octopus Surveys

  • An easy-to-use interface with integrated analysis tools and a strong focus on its users’ needs.
  • Octopus Group surveys are designed to be short, simple and user-friendly.
  • The ability to target specific groups or individuals with tailored questions.
  • A wide range of question types including open-ended questions and matrix questions.
  • Octopus surveys allow you to save drafts so that you can work on them over time and then submit them when they’re ready.
  • Octopus surveys can be accessed from any device with an internet connection (easy enough to complete on your lunch break for example).
  • Octopus Surveys offer great cash (or gift card) incentives, with high paying surveys, higher than other companies in the market.
  • The company’s focus on customer satisfaction and user feedback is evident in the design and functionality of its surveys.
  • Their experience combined with their dedication to quality makes Octopus Group a strong choice for anyone looking for a good survey tool.
  • Joining Octopus Group is easy and not too time consuming at all.
  • You can choose to redeem your rewards as real cash or gift cards.
  • Making money with Octopus Group is easy, so long as you qualify for a survey, and you have a device and an internet connection.
Octopus Survey Review
6 reasons to choose Octopus surveys, as stated on their website

Disadvantages of doing Octopus surveys

  • Octopus group surveys can sometimes be more complex than other types of surveys, which can make them difficult to understand and complete.
  • Octopus surveys sometimes require respondents to answer a large number of questions. This can lead to response fatigue and decreased participation rates.
  • Many Octopus survey types require respondents to answer a series of questions before they receive their incentive or gift. This may cause the respondent’s interest to complete surveys to wane as it takes longer and longer for them to collect their reward.
  • You need to reach $20 in Octopus cash rewards before you can redeem this money. This can be a deterrent for some people who want to take advantage of the rewards sooner.
  • It can be difficult to qualify for a survey opportunity, depending on what research is needed in the market at a particular time, which can be frustrating.

FAQ’s (Frequently Asked Questions) about Octopus Group Surveys

Can online surveys be trusted?

That is a question that has been asked by many people, and it is a valid one. After all, how do you know that the person who took the survey is telling the truth? There are ways to try to determine this, of course, but it can be difficult.

Octopus Group have a reputation for being accurate and reliable, most likely due to the many years of experience they have in the industry.

You can cancel your subscription with Octopus Group at any time so if it’s not for you, you can opt out when it suits you.

How does Octopus Group make money?

Octopus Group make money by conducting surveys on behalf of their clients. They have a large pool of survey participants, which allows them to conduct high-quality surveys quickly and efficiently. This also helps reduce the cost for their clients. In addition, Octopus Group can provide consulting services that help their clients design and implement effective survey projects. By providing these services, Octopus Group is able to add value for their clients and generate additional revenue. Finally, Octopus Group sells data products that contain the results of their surveys. This provides another way for them to generate revenue and further add value for their clients.

How do you get selected for a survey?

Octopus Group sends surveys to a random selection of their customers. To have the best chance of being selected, you need to be an active customer. Octopus Group surveys their customers on a regular basis to get feedback on their products and services.

How do you withdraw money from Octopus Group?

If you simply log in to the Octopus Group website and go to the redemptions section (which will only be available if you have a minimum of $20 in your Octopus account), you can enter in the amount of money you wish to withdraw, enter your bank details and submit your application. If your application is successful, you will need to send an SMS from your registered mobile number. The SMS authentication acts to protect your account. Once this is all successfully validated, Octopus Group complete a bank transfer to your nominated account.

If you have any issues, you can always contact their support team.

How long does it take to get money from Octopus Group?

It can sometimes take up to 30 days for cash to appear in your bank account, depending on your bank.

Octopus Survey Review – Final Thoughts

There seem to be many survey sites in the market and completing surveys is something which can be done while you’re waiting to see a doctor, travelling on a train, sitting in front of the tv or while on your lunch break. It’s a great way to earn cash rewards and making money through Octopus Group is easier as they seem to be the highest paying survey site.

Octopus Survey Review
You can complete surveys on the go, as long as you have a device with an internet connection

As a side hustle, it is still something which trades your time for money, and I prefer to set myself up with various streams of passive income, such as making money through websites, but when compared to other online survey sites such as Opinion World or Valued opinions, it seems to make sense to do it smarter through Octopus Group. Whether you’re doing this to gain some extra spending money, because you enjoy taking online surveys, or you need to find varied ways to make money, if you join Octopus Group to try it out and it’s not for you, it’s easy enough to unsubscribe and find a different side hustle.

I would love to hear from other people who have tried to answer surveys to make extra cash! Have you tried Octopus surveys or any other survey site? How do other providers compare? Do you think it’s a good way to make money?

Let me know in the comments below!

CaptainFI

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2 thoughts on “Octopus Survey Review

  1. I can usually earn about $10-20 a week doing Octopus surveys. I’ve been doing them the past 2 months. Handy if I’ve got spare time when I don’t want to do something more productive. Definitely a reality check though, that it isn’t a big money earner, and that the hourly rate is ~$15p/hr. Would probably suit people who drink alcohol, as lots of the surveys are about that (that I seem to get, even though I don’t drink very much).

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