Why Google Opinion Rewards is a Product Management’s Heaven.
Here are 3 simple reasons.
It is awesome for a user.
Guess what, Google already knows everything about you. So a couple extra bits and pieces will not hurt. User installs the app and gets paid for answering questions. Last time I was paid $0.46 for answering 4 questions, not bad.
It is awesome for a Google customer.
Opinion rewards app was developed by Google Consumer Surveys. It makes a lot of sense for customers because of its targeting and user coverage.
It is awesome for Google.
Now is the best part. It is awesome for Google from every angle.
- The system is fairly straightforward. Despite their targeting complexity, polls are well known and understood.
- Customers pay real $$$ for surveys. But users are paid with Google Play credits.
- It seems like Google pays ~50% of what it gets from its customers.
- Users will spend the money on digital goods. It means if I buy an app for $1, Google will take a dollar but app developer will only get $0.70 and there are no transaction fees.
- Google uses the service to improve its learning and prediction power. Once in a while I get a question about my recent trips and whether I’ve been to some places like restaurants, stores, etc.
I understand, it is not a massive service like Airbnb or Uber. It will not generate billions of dollars in revenue. But I appreciate the utilitarian nature and the way it connects Users, Customers and Company itself.