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My name is Jacob, a husband to a wine-blogger wife, father to two bouncy-boy toddlers, and I'm the owner/author of My Personal Finance Journey. By day, I am a scientist working in bio-pharmaceutical development. Personal finance has been my hobby since 2007 when I started teaching myself through books (that finance B.S. degree didn't teach me much!). Learning how to save, adopt a frugal mindset, and invest my own money soundly has allowed me to have a savings rate > 50%, increase my net worth by > 20 times, grow my career, and always do what I love. Check out the About Me page to learn more!
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If you’re like me, you probably have heard the term, “mystery shopping,” for quite some time. You probably were also pretty skeptical about what exactly it entailed and if it was a scam or not. At least, those are the assumptions I was operating off of.
However, I am here to tell you that mystery shopping is in fact a legitimate thing, as I have recently partaken in a mystery shop and successfully received payment for it. But, by the same token, I am also here to tell you that it is NOT “easy-money,” as from what I’ve experienced so far, the Dollar/hour payout is quite low given the time it takes to complete a mystery shop. More detail on this later in the post.
My renewed interest in mystery shopping was sparked after reading a very interesting article over at ThePennyHoarder.com about how Kyle (site owner) makes $500 per month conducting liquor audit mystery shops.
Essentially, what happens is that companies hire him through the mystery shopping intermediaries to purchase alcohol at local stores and then report back on whether or not he was asked for age verification/ID. In a nutshell, this is what mystery shopping entails. Big companies need to collect non-biased customer viewpoint data on their local stores so they can make tactical decisions on their business. So, they contract the mystery shopping companies as the middle men to find the independent auditors (shoppers), collect the data, and issue payment to the individuals.
Regarding Kyle’s specific article about liquor audits, he states that he gets paid around $18 per alcohol purchase (in addition to getting reimbursed for buying beer), that the shops only take 5 minutes to do, and that he can string together 10 of them in one trip around town to make a nice chunk of change.
After reading this post, I said, “That sounds awesome! I’d like to get a piece of that action!” And, knowing the good reputation of the site owner, I figured that it was likely a very legitimate opportunity/thing. So, I proceeded to look in to it.
As I found out in my research on mystery shopping, a golden rule to remember is that NO LEGITIMATE MYSTERY SHOPPING COMPANY will require you to pay money upfront for any reason. Those that ask for money up front are a scam – simple as that.
Luckily, in my case, in his post mentioned above, Kyle recommended the names of 3 mystery shopping companies he uses, so I proceeded to sign up for those. I figured that I would sign up in the systems of 3-4 mystery shopping companies to start with and see if I enjoyed the experience and it was indeed worthwhile.
Listed below are the mystery shopping companies I have signed up for:
And, listed below are several additional legitimate mystery shopping companies that I figured I would enroll with if I found the whole process worthwhile with the first 3 I tried:
Upon signing up to these programs, some of them require you to take a short quiz. However, it is really not that hard nor time consuming, and likely is just designed to test your procedural reading skills.
So, having gone through all of this, it brings us back to the question we started with in the post title – is mystery shopping something that would be a good fit for you?
Assuming that everyone reading this has sufficient mental capacity to handle the requirements for mystery shopping, I would say that it basically comes down to having/wanting to commit a good chunk of time to trying to make some extra money. In addition, you have to be willing to commit the time to do mystery shops repeatedly in order to take advantage of the initial learning curve involved with executing them.
As I described above, even though mystery shopping is quite legitimate, I was very surprised at the level of detail and time required to complete these mystery shops. It is not “easy money” as some advertisements would suggest. Quite the contrary, I would say mystery shopping is actually a hard way to earn your money (perhaps I just live in the wrong area and don’t have the right types of mystery shops).
So, to conclude, I would say that mystery shopping is a good thing for people that have a good bit of time on their hands (maybe retirees), but not for people that work a full time day job and already have a side business to keep them busy.
Personally, I haven’t seen any mystery shops that would be worth doing again, so I’m going to hold off for now. But, I will keep looking through the systems from time to time to see if some good deals pop up in the future.
How about you all? Have you ever tried mystery shopping? If so, what type of job did you do and what was the payout like?
Do you think that overall, the pay was worth the time/effort required?
Share your experiences by commenting below!
Hi folks! My name is Jacob. I am the owner and operator of My Personal Finance Journey. I started this blog in January of 2010 and have enjoyed the journey ever since. Since finishing up graduate school in Virginia in 2014, I have been working in biopharmaceutical development in Colorado. You can read more about me and this site here. Please contact me if you have any questions!
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In my experience in NZ:
My favourite shops were bar/restaurant shops where we were reimbursed $60 worth, plus a $15 fee. Sadly, they changed these and now position them as 'snack' shops worth about $35 instead of $75.
McDonald's shops were often worth it, as most of the questions were yes/no.
Lottery tickets could be worth it if you could get a few in a month and you lived near a branch. Not much work involved.
I used to do a lot of bus surveys as I took public transport a lot, so that was a nice bonus.
I think I did a couple of booze shops, but to be honest we're not big drinkers anyway.
Petrol – well free petrol is always good, but these always went fast and only worth about $20 in free petrol.
Pizza shops – often not worth the work!
Clothing and jewellery shops often involve either small purchases (could be good for freebies or gifts for others) or big purchases with returns.
I quite liked Lush mystery shops – those were good value.
I've tried to get free eye test shops but never succeeded.
Never got a movie shop, sadly.
I haven't done any in months now; they keep cutting back and the freebies/fees just aren't worth it here anymore. I'm focusing on freelancing instead, which is more flexible and lucrative.
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Sounds like you've had quite a lot of experience with this type of side gig!
I'm definitely seeing the cut backs as well over in my area. They want the consumer data, but don't want to pay for it anymore. The gasoline shops in my area have a payout maximum of $1 USD for gas, so like 1/4 of a gallon! So cheap! haha
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I've never done a video shop, but they involve secretly videotaping your store visit. Some companies will provide you with the hidden camera equipment, but some require you have your own. I hear these are the easiest because they don't require you to fill out all of the forms afterwards.
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Very interesting! Thanks for sharing!
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I've had a few good ones from Bestmark, Service Sleuth, Certified Field Associate, and I'm seeing really good jobs at Measure Consumer Perspectives that pay $50 or $200 for video shops. The jobs available and pay rate really depend on where you live, and whether it is rural or suburban or city. The farther away from big cities you are, it seems you get paid more since there are less people competing for the jobs.
I also want to mention that Merchandising is also considered mystery shopping, and these same companies will set you up with those jobs. They pay much more, but require more work, like setting up signs and displays in stores. Merchandising can easily turn into getting permanent jobs, or being hired as an employee by any of the companies involved. Most mystery shoppers will start doing merchandising and very rarely will still do the regular mystery shops.
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Thanks so much for sharing! What do you mean by video shops? Like where you take videos inside a store, or like you get paid to watch a video?
I'll have to give those companies a try that you mentioned!
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This is a perfect time to discover your post, as I was thinking about doing a post about mystery shopping myself. I have been doing it for a few months now and I don't mind doing it for a few extra dollars of my own. As a stay at home mom, it gives me a reason to get out of the house. However, I always figure out how much I will be spending in gas to make sure I'll be earning at least something. If I am going to travel, I will set up multiple shops in the same area and make a day out of it (evening too, counting all of those damn reports.) I generally will make $15 plus free lunches, dinners, etc. The key to being successful with the reports is learning how to be observant all the time – I always get perfect scores. The best jobs are when they are desperate and need last minute people. That's when they will pay you $60 to see a movie with a friend and pay for your tickets plus popcorn and sodas. I'm signed up for a ton of companies, but generally only work with about 4 of them.
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Thanks so much for sharing Z853!
What mystery shopping companies do you score the good-paying jobs from? I think I may using the wrong ones! 🙂
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I've never done mystery shopping, but I would love to have your friend's job of being told to go buy booze.
I know right!? I put a comment in on his post a while back to see if I am doing something wrong. I'd love to get hooked up with the gigs to buy beer for free and get paid for it! 🙂
My recent post Is Mystery Shopping Right For You? – Lessons From Personal Experience
Great write-up! We've thought about doing it in the past as we have a couple of friends that mystery shop as well and generally make a nice little amount of money each month. The time factor is what has held us back though and probably will for some time.
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Thanks for sharing John! do you know what type of mystery shops they do and who they use? I'd be interested in hearing about people's experiences who are making a nice chunk of money. It may also just depend on where you live as well…
My recent post Is Mystery Shopping Right For You? – Lessons From Personal Experience
I used to love doing mystery shops, but lately I just hate how long the surveys are so I haven't been doing as much. Free food is always nice though!
Thanks for sharing MakingSenseofCents!
What mystery shopping company did you use to do the surveys? Also, what type of payout did you bring in?
My recent post Is Mystery Shopping Right For You? – Lessons From Personal Experience