Companies like Microsoft, Twitter, Google, Pinterest, and Facebook are following every move, collecting information for sale to advertisers and marketers to better target you.
Right now, we are offering them all this juicy information for free. It's a cheek!
It's time to get a share of the money and make money selling your personal data. Here's how.
How do you make money by selling your personal data?
Who do you sell your data to?
This is a platform designed to allow users to easily connect their data, including accounts such as Facebook, YouTube, and Instagram. This allows the site to create data profiles from data attributes.
Data attributes are only voluntary information about you, to which a high, medium, or low value is assigned based on the demand for that type of data.
This is an easy and accessible site to use, including:
The home page: where you select online accounts, such as Facebook and Instagram, that you want to make available for data extraction.
A Market page: to show you who buys your data and when. Currently, to attract the interest of the site, Datacoup will be the one who will buy your data.
A page of account: to explain the specific information taken and why it is valuable.
Unfortunately, Datacoup currently only accepts data from US bank accounts, which is slightly annoying for everyone.
But for lucky Americans, you can earn about $ 10 a month through PayPal to do nothing once you've signed up. Pretty good, huh?
DataWallet is quite similar to Datacoup, with the added benefit of being able to adjust the exact data settings you want to share. For example, you may want to leave your messages on social media, so no one knows exactly how much time you lose watching videos of people who fall.
Your details will be:
Stripped of anything that could identify you personally, such as your name, email address and phone number.
Together with the data of all others.
Transformed into an analytical report for sale to anyone who wants it.
You will be completely transparent about what is happening with your data, as well as about anonymity assurance and extensive security measures.
The value of your data increases with the number of accounts you log in.
The application maker Engel says that the typical amount you can make to sell your personal data is about $ 10 or $ 5 compared, although it has been able to zoom up to $ 50!
These payments are expected approximately every two months, but as more users join the application, Engel anticipates that the frequency and value of payments will start to increase.
However, it is important to note that DataWallet only accepts 1,000 new participants per month. It is therefore recommended to register as soon as possible to get a head start on the waiting list.
For riders among us, the way to be accepted faster is to recommend the application to a few other users or if you receive a lot of invitations yourself.
The Panel application differs slightly from the other two, following your position rather than your online accounts. It gathers all your information with everyone else in your area, deleting once more everything that is personally identifiable, and selling the reports to different third parties.
Because information is not available at the individual level, it is generally used to help researchers better understand our different demographic trends.
Download it to your phone,
Activate WiFi and GPS,
Connect with demographic information, eg your age,
And he will remain silent in the background.
It works with a point system, which allows you to win in two ways:
Guaranteed Rewards, where you redeem your points for an Amazon Gift Card that will be emailed to your account after the following Monday.
Sweepstakes – you have the opportunity to win Amazon gift cards with a maximum value of $ 25. Fewer points are needed than for guaranteed rewards, and the more you redeem the odds, the more chances you have to win. These awards will be received within two weeks.
So, how do you earn points?
As soon as your account is verified, you start earning points every day where it is left in the background.
Surveys can be sent to you occasionally, depending on where you are or where you have been.
The best method is probably to refer friends because you will get a 10% increase in all points earned, as well as 5% of all points earned by your friends' referrals.
Do you have all this? As you can see, once you start inviting other people, the money can start to get a little bigger.
Remember – you get all this to do more or less nothing.