Is Betabound Legit?
Product Name: Betabound
Price: Free to join
Rating: 5.7 out of 10
Verdict: Betabound is a legit company but if you’re going to ask for my opinion if it’s worth signing into, I’m going to go with a soft yes. It’s barely a recommendation.
You might not be aware of it but for most of every product that you see put out there, a huge amount of research was done. This is to ensure that the product is working up to the standard they set. A staggering amount of resources are put into this hidden industry.
Now, you may be wondering how do companies conduct their product research. It’s a somewhat hidden industry that few people are aware of. There’s actually plenty of companies that’s sole purpose is to do these kinds of testing and research. We’re going to look into one of these research companies.
The company that I am going to review today is called Betabound. It’s safe to assume that the Beta part of the name came from the word “beta testing,” which is what you call a product that’s being tested before it hits the market. To learn more about the world of beta testing, read my full review down below.
What Exactly Is Betabound?
Betabound is a market research company that gathers beta testers all over the world to present to their clients. This is the company that big companies hire whenever they want to do a market or demographic research for their products.
For instance, if a company wants to know if the app they’ve created is suited for their target demographic, hiring a marketing research company will provide answers to that question, and more. It’s like getting an insight into what the market wants.
Additionally, market research companies provide testing for already existing products. If a client wants to improve their service, they can hire these research companies to understand the things they need to focus on and improve.
What Do You Get From Becoming A Betatester?
Since becoming a beta tester is not exactly a difficult task since the only requirement is that you are willing to do it, they generally do not pay very well. Some companies don’t even pay and only give out perks and bonuses to their testers. That’s okay for most since something is better than nothing.
There are rare cases in which beta testers are paid well but those are far and few in between. If a company is looking for a certain demographic that is too specific to get, only then would a beta tester be paid handsomely. But like I said, becoming a beta tester should not be a career choice. It’s just something to do on the side.
The reason I said this is because you need to temper your expectations going in. You will not earn a respectable amount of money here. In fact, you might not even earn at all. It’s just one of those gigs that you can skip, depending on the incentives that provide.
Who Can Use Betabound?
If you own a company that is looking to launch a new product, it’s a good idea to hire a company that will do the research for you.
But if I’m going to take a guess, that’s not what you’re here for. The majority of my readers want to learn how to earn money on the side, and that’s the likely reason you’re here, too. If that’s the case, then you can definitely use this product. However, as I’ve said before, you most likely would not earn cash here.
Clients have control over what their incentives are for their testers. What this means is there is no standard for the projects that is available. There are clients that pay cash and there are those that only pay in freebies or incentives. The most usual incentive is a free product – the product that you are supposed to be testing.
How To Become A Beta Tester For Betabound?
Becoming a member is easy. All you have to do is register on their website. It’s the usual process – you provide an email, get verified and you’re practically done. You will need to fill out your profile, of course. This is to give the company what demographic group you belong to. This should help them determine which clients would be best suited for you.
How Do You Earn From Betabound?
You test the products that are given to you and you provide detailed and honest feedback. Don’t worry is the review isn’t flattering for the client. Remember that they want to gain an honest insight into their item. It would help if they receive an honest review.
I’ve said before that Betabound does not really pay their testers. This is true. However, you can get paid still if you get clients that are willing to. It mostly depends on luck but it is doable. But this isn’t really recommended since they need your honest review. You likely won’t provide an honest account of the product if it is paid. That’s the same reasoning why Betabound doesn’t necessarily pay for reviews.
What I Like About Betabound?
Now that we kind of know what Betabound has to offer, it is time to discuss the good things about this money-making opportunity.
- It’s free to join. All you need is a working email address.
- Available worldwide. However, US residents seem to be the priority, perhaps because that’s where most clients come from.
- You can get access to products before they hit the market.
- You have the opportunity to make big changes by providing an honest review.
- The rewards or incentives you get vary greatly. If you like receiving different items, this is a good price overall.
What I Don’t Like About Betabound
Not one company is perfect. The same can be said about Betabound. While there are many positive things I can say about this program, I also have some negatives, too. Providing both pros and cons is the best way to gauge if a company is worth your time or not. Onto the negatives.
- Earnings are not guaranteed. The amount of incentives depends entirely on the client.
- There are some difficult clients that can make claiming an absolute hassle.
- Plenty of beta testers would opt for an incentive that has monetary value.
- There’s no guarantee that you will get selected to beta test a product.
- It can take a while for the incentives to show up on your end.
Is Betabound Legit? Is It Worth Your Time?
To answer the question – yes, Betabound is legit. It is a real company that provides plenty of people with money-making opportunities. However, in the end, it all depends on the client what incentives you get. You are ultimately at the mercy of the clients since they also have the power to turn your review down for any reason they deemed to.
Betabound is a legit company but if you’re going to ask for my opinion if it’s worth signing into, I’m going to go with a soft yes. It’s barely a recommendation. You will see plenty of other beta testing companies out there that provides much better benefits.
You may think that getting something is better than getting nothing. That’s true but if you can get more, wouldn’t you grab that opportunity? That’s ultimately the case here – there are plenty better money-making opportunities out there.
If you want to pivot to another industry entirely, I recommend trying affiliate marketing. It’s one of the leading industries out there. To know about this industry, you should check out how I make money online.