Monday, November 30, 2009

Woot.com Launches Deal Crowdsourcing Site

Woot.com is no longer satisfied with one-deal-a-day. Now the pioneering online discount store has launched deals.woot.com, an attempt to turn its rabid fans into a crowd-sourced deal finding-and-evaluating machine that finds dozens of bargains worthy of a “w00t, w00t!”.

The new site resembles a Digg or Reddit focused on deals, a Web 2.0 version of FatWallet and SlickDeals’ more tradtional online forums. It’s a departure for Woot.com which specializes in selling a single item at a single time, usually at a steep discount. The site started with tech toys like cheap MP3 players and USB-powered ‘missile’ launchers, and then added sister sites devoted to T-shirts, wine and stuff for kids.

While Woot isn’t the first to try this, Woot has already grown a fanatically loyal user community around its sites. Already the deal site is attracting more votes per item than any previous such attempts ever seemed to.
To Learn More click Here
Bookmark and Share

What do you see in the future for investigative journalism?

Q: What do you see is the future for investigative journalism? Do you still see it as having a home at newspapers?

I think the future of investigative journalism is already here – it’s just unevenly distributed,as William Gibson would say. Nonprofit organisations (such as Amnesty or Human Rights Watch) are an increasingly significant source of investigative journalism. Then there are the more general investigative journalism operations, funded by foundations and donations, such as ProPublica. Crowdfunding projects such as Spot.us are going to be increasingly important. And then there are crowdsourcing operations such as those done by Talking Points Memo and, of course, my own project Help Me Investigate.
to Learn More click Here
Bookmark and Share

Tuesday, November 24, 2009

Report: Wikipedia losing volunteers

Wikipedia's exponential growth over this decade is due to the efforts of the millions of volunteers who write, edit, and check its entries. But could that volunteer effort now be in danger?

Volunteers have increasingly been quitting Wikipedia en masse for a variety of potential reasons, according to Monday's Wall Street Journal.

More than 49,000 editors left Wikipedia's English-language edition during the first three months of 2009, compared with only 4,900 for the same quarter a year earlier, according to the Journal, quoting Spanish researcher Felipe Ortega, who analyzes Wikipedia's online data. Though the service still boasts about 3 million active contributors, volunteers are leaving more rapidly than new ones are joining, the Journal said.
To Learn More Click Here
Bookmark and Share

Sunday, November 22, 2009

'Think Twice' by Michael J. Mauboussin: Refine Your Decision Making

Today we'll be reviewing

Think Twice: Harnessing the Power of Countertuition by Michael J. Mauboussin.

You may be familiar with Mauboussin as he is the Chief Investment Strategist at Legg Mason Capital Management and he has also been an adjunct professor of finance at Columbia Business School. Needless to say, he's had a storied career in finance and is a credible author on the subject. However, this book is not specifically about financial markets, but rather the process of decision making. We enjoyed his work because it offers a refreshing look at a topic applicable to all of life. Don't get us wrong though, the content still definitely applies to financial markets as well.

We read through it with the topic of finance in our head, seeking as many tie-ins as possible. After all, it only seemed natural. (One interesting focus was on that of crowdsourcing and the 'herd mentality,' two traits certainly found in financial markets). This book is a little bit different than the typical work we review and it was a welcome change. The topic of behavioral finance and decision making on a broader level is definitely one worth looking into seeing how it plays a prominent role in everyday life, and in particular, investing.
To Learn More Click Here
Bookmark and Share

Saturday, November 21, 2009

Chaordix Parent Company Cambrian House Continues to Strengthen Its Board

Calgary, Canada, November 21, 2009 --(PR.com)-- Cambrian House is further strengthening its board with the addition of James Schwinn, Founder of Aixecar Incorporated. James contributes more than 20 years of experience in international structured finance and capital markets. His financial expertise and broad experience serving global enterprises complements existing Board strengths in technology commercialization, B2B delivery, strategic partnerships, corporate development and business leadership.

As Founder of Aixecar, James applies particular expertise in the areas of shelter finance, credit and capital structuring and restructuring, securitization and sustainable economics. Aixecar offers advisory, platform development and transaction management services to municipalities, urban planners, financial institutions and socially responsible developers involved in property and community development.
To Learn More Click Here
Bookmark and Share

Friday, November 20, 2009

Music Short Showcases Crowdsourced Animation

Animated short film Live Music looks as slick as anything produced by Pixar or DreamWorks, but there’s one key difference between it and a product from the big studios: Many of the animators who contributed to Live Music have never done professional animation work before.

With dozens of animators pitching in through a specially built Facebook application, the slick clip from the crowdsourcing specialists at Mass Animation is a rare “art by committee” success story.

“The entire project was run off of our Facebook app,” said director-producer Yair Landau, who started Mass Animation after he quit Sony Pictures Animation.
To Learn More Click Here
Bookmark and Share

Andy Awards' 'Crowdsourced' Jury Is Revealed

The results of the "Elect the Jury" contest are in, and the final list for the 2010 International Andy Awards has some new names, such as graphic designer Shepard Fairey, among those already well familiar on the industry awards show circuit.

Andy co-chairmen Ty Montague, co-president, CCO of JWT North America, and Michael Lebowitz, founder and CEO of Big Spaceship, said, while the process may not have been perfect, they were pleased with the results of what they described as an "experiment" for the first awards show to turn the selection process over to the community.

"I'm really proud of the results," said Lebowitz, who pointed to jury members selected like Fairey and Vivian Rosenthal, co-founder of digital design house Tronic Studios, who may not otherwise have been selected to judge an advertising awards show.

In addition to Fairey and Rosenthal, the 25 judges are:
To Learn More Click Here
Bookmark and Share

Crowdsourced marketing: Homemade horror makes $100,000,000 at the box office

Produced for $15,000. Filmed in the director’s own home. Championed by the people. Paranormal Activity has become the the most profitable film ever at the world box-office. The movie’s quietly-scary director Oren Peli tells DONALD CLARKE how public screaming at a public screening convinced DreamWorks to give it a major release.

Paramount, DreamWorks’ corporate overlords, returned to the old practice of a small initial release and then cleverly stoked a “grass-roots” campaign demanding that the film be expanded. Eventually, a website was set up that allowed punters to register their desire for Paranormal Activity to be granted a national roll-out. When the number of requests reached one million, the company would, it said, reluctantly comply with this, ahem, spontaneous crusade. A mere one million? Did Dr Evil come up with these figures? The figure was, of course, surpassed in double-quick time.
To Learn More Click Here
Bookmark and Share

Thursday, November 19, 2009

Crowdsourcing Social Networks to Inform Public Policy

Six Apart co-founder Anil Dash plans to reinvent the way the government listens to its citizens. We’re not talking about wiretapping. Rather, he wants to solicit expert opinions on scientific matters through a new social network belonging to the American Association for the Advancement of Science’s Expert Labs. Dash pumped his idea Wednesday afternoon during a keynote address at the Web 2.0 conference in New York.
The blogging pioneer, whose company runs the Blogs.com, Movable Type, TypePad and Vox platforms, will direct the new organization, which will not be part of the government. Expert Labs will be funded by a $500,000 grant from the John D. and Catherine T. MacArthur Foundation as part of the American Association for the Advancement of Science, publisher of Science journal.
To Learn More Click Here
expertlabs.org
Bookmark and Share

Wednesday, November 18, 2009

Crowdsourcing: Facebook users can help Chase find small charities

NEW YORK — JPMorgan Chase is letting Facebook users help decide how to give away $5 million.

The idea is to get small, local charities on Chase's radar — ones that don't have the operating budget to go around asking for grants but do a lot of good work in their communities.

The "Chase Community Giving" program will let Facebook users choose from more than half a million charities that have an operating budget of less than $10 million apiece. Examples include the Children's Diabetes Foundation in Denver, the East Bay Habitat for Humanity in Oakland, Calif., and the Montana Connection For Afghan Women in Bozeman, Mont.

The Chase program is not the first time a company has asked Facebook users to vote on its charitable dollars. But it is the first time that they can nominate charities that the giver likely hasn't even heard of.

"We are moving from a centralized way of philanthropic giving to the wisdom of friends," said Elliot Schrage, Facebook's vice president of communications.

The 100 charities getting the most votes by Dec. 11 will each receive $25,000 from Chase.
To Learn More Click Here
Kimberly Davis, senior vice president, Global Philanthropy and president of the JPMorgan
Chase Foundation

Chase Community Giving $5,000,000
Bookmark and Share

Crowd funding start up begins to franchise their business model to entrepreneurs

Pledge Based Crowd-funding Startup business for Sale...

Road-tested as "microPledge.com", the team-funding platform is now being offered for sale. The system covers markets from mobile phone app creation to book publishing software.

Christchurch, New Zealand (PRWEB) November 18, 2009 -- After being proven for over a year as an online service for team-funding open source software, the platform is now available for sale as a custom business tool based on social commerce.

To explain crowd-funding simply, a user could plug in $10 and fund a $4000 diary app for their mobile phone. How? Because 400 other users also put in $10 and together they paid for its development. The service allows users to fund the software they like, but only pay when they see results.

Collaborative funding tools are badly needed tool in various areas of intangible products: software, rights to copy, and so on. But cost-sharing also has application in many more traditional markets such as the not-for-profit sector which often lags behind in employing technology.

Berwyn Hoyt, the inventor of the concept, says, "This is the first time we are offering our platform in a form that really amounts to a startup business opportunity for other businesses. We've gone from being a startup to enabling startups."

There's a lot in this little nut. It can simultaneously provide funding, market testing, and a sales channel, not to mention driving traffic to your website.

The crowd-funding platform was developed by Brush Technology, a small web and software development firm in Christchurch, New Zealand. It is one of a number of e-commerce business websites that they have developed. Brush Technology services are available to extend or integrate the funding platform into other businesses and payment systems.
micropledge.com
To Learn More Click Here
Bookmark and Share

Tuesday, November 17, 2009

Crowdsourced cartography in PublicEarth, OpenStreetMap

Wikipedia killed the encyclopedia business, in print and online, as it's hard to make a revenue model work that involves paying people to create content when there are hordes of enthusiastic experts around the world willing to do the job for free. The business of mapping may be similarly doomed, as indicated by PublicEarth, a new wiki-style database of places launching Monday, and by the continued improvement in authoring tools at the crowdsourced mapping service OpenStreetMap.
To Learn More Click Here
Bookmark and Share

If Iran launches a chemical attack on USA soil - crowdsourcing will save us!

Cell phone sensor aims to crowd source chemical attack information

NASA scientists have developed a new chemical sensor that allows iPhones to identify low airborne concentrations of chemicals including ammonia, chlorine gas and methane.

The postage-stamp sized chemical sensor was developed by Jing Li, a Physical Scientist at NASA's Ames Research Center in California. The project was developed with other researchers as part of Homeland Security's Cell-All program, which was created to put more mobile sensors in the hands of every cell phone user.

The sensor works by using a puff from a sample jet that helps sense any airborne chemicals. Information from the sensor is then processed by a silicon chip with 16nano-sensors and then sent to another phone or computer through any Wi-Fi or telecom network.

The sensor, it is hoped, could be used to alert first responders to the presence of a chemical agent stemming from an accident or attack. The device would work even if the cell phone user loses consciousness from the chemical's presence.

Bookmark and Share

Crowdsourcing Comedy on Amazon Reviews

Every now and then, something for sale on Amazon.com seems so monumentally stupid that it inspires a spontaneous community comedy festival. One person after another leaves phony reviews, each more heartfelt and over-the-top than last, sardonically praising the Amazon item for its astonishing, life-changing abilities. Perfect strangers, entertaining each other in the comments, laughing their heads off—until Amazon gets wind of the stunt and shuts it down.

Well, don’t look now, but it’s happening again. Actually, DO look now, because it probably won’t be there long.

This time, the item for sale is the AutoExec WM-01 Wheelmate Steering Wheel Desk Tray. As the ad says: “Easily convert your car into your personal automobile office!” For $25, you get a plastic shelf that clips onto your car’s steering wheel “for easy access to a writing and drink storage surface.”

I mean, has there ever been an idea so dangerous, so impractical? That’s the question underlying some of the hilarious phony reviews. Some excerpts:

* (one-star review) “Imagine my surprise when I made a left hand turn and not only spilled my plate of ham, but I now have a nasty red mark on my face from being slapped in the head by the desk, which turns along with the steering wheel. I wrote a letter to the company and they did offer me a new ham.”
To Learn More Click Here
Bookmark and Share

Monday, November 16, 2009

Is Crowdsourcing Just Another Word for “Contest”?

Ever wanted to get a jump-start on your design or development business but your portfolio lacked the bite needed to close the deal or even generate interest? Ever wish you could just show a project lead what you can do for them? Crowdsourcing maybe the answer you’re looking for to get the projects you want without having an impressive portfolio.

Crowdsourcing Design (or Development) is basically when a project is outsourced to an undefined group, which could range from a select few to an entire industry, and most likely includes various experience levels. There are some pretty popular websites where you can try to make money selling your design (or skill) based on the project description or direction. These are a few:

* 99Designs, crowdSpring – Web/Graphic/Brand Design
* Spudaroo – Business Plans, Resumes and Content Creation
* PopTent, OpenAd.Net, Zooppa – Advertising
* NameThis – Brand Name Identity
To Learn More Click Here
Bookmark and Share

ChargeCar: ‘Crowdsourcing’ tomorrow’s electric car

The ChargeCar project website is using crowdsourcing to gather data — that is, it asks site visitors to provide data on their own commutes so researchers can develop a large database of real-life commuting information.

The purpose of ChargeCar isn’t to develop new vehicles, but to assemble a knowledgebase that can be used to convert gas-powered cars using existing technology. The researchers, for example, are working with auto mechanics in Pittsburgh to develop community-level expertise in vehicle conversion, as well as a set of conversion “recipes.”
To Learn More Click Here
chargecar.org
Bookmark and Share

Friday, November 13, 2009

Gary Hamel’s Management 2.0 : Outrunning Change - the CliffsNotes Version, Part II

Extract: [Multiply the sources of funding for new initiatives. In most companies there is a monopsony for new ideas. (You’ll remember that a monopsony is one buyer and a monopoly, one seller). All too often there’s only one place for an employee with a cool new idea to go for funding—up the chain of command. If the project doesn’t dovetail with the boss’ priorities or prejudices, it won’t get funded. This paucity of funding sources squelches innovation. As an analogy, imagine what would happen to innovation in Silicon Valley if there were only one venture capital firm. It’s not unusual for a would-be entrepreneur to get turned down half a dozen times before finding a willing investor—yet in most companies, it takes only one nyet to kill a project stone dead. The solution here isn’t an internal venture fund or incubator. That doubles the number of funding sources, but doesn’t go far enough. In a large company, there will be hundreds of people who have a discretionary budget of more than $100,000 per year. Imagine giving each of these individuals permission to invest 2 or 5% of their budget in any project that seems promising. Suddenly internal entrepreneurs would have dozens of “angel” investors they could tap for funding, and no longer could a single reactionary deep six a new idea. To be nimble, a company must have a resource allocation process that is more Silicon Valley than Soviet Union.]

Extract: [Honor resilience-friendly values. The Internet is the most adaptable thing human beings have ever created. From Google to Craigslist to Digg, and from YouTube to Flickr to Facebook, the Web has morphed in ways that few of us would have imagined a decade ago. It has also spawned a host of amazing new social technologies, including crowdsourcing, folksonomies, opinion markets, wikis, mash-ups and tweets.]
To Learn More Click Here
Bookmark and Share

Crowdsourcing at Heart of New Fashion Site: Justproud.com

The fashion industry is jumping into the crowdsourcing fray with the launch of JUSTPROUD, a community-driven fashion brand that will enable members to contribute to the design, the modeling of clothes and the photographs for eventual ad campaigns.
Developed by California-based Ballsmedia, the portal is true to the collaborative concept of crowdsourcing - which is based on the premise of an idea or product developed by and voted on by community members: JUSTPROUD members will vote on the contributions with the most popular designs produced and the most popular models and photographers chosen.

This site is available in eight different languages and will have the first items ready for co-development and sale by January, 2010.

Trend to Watch
To Learn More Click Here
justproud.com
Bookmark and Share

Victors and Spoils the new crowdsourcing ad agency gets a crowdsourced logo from crowdspring


Victors and Spoils, the new crowdsourcing agency has chosen its final logo from its crowdsourcing competition on crowdspring.com. Onward and upward! I kinda liked the pirate one with overtones of Empire of The Sun meets Somalia pirates...but this looks great...power to the people, no kidding...
To Learn More Click Here
Bookmark and Share

Own Pabst Brewing--But Who Gets to Be CEO?

I. Love. This. Concept. Crowdsourcing that actually means something. Recently, there was the We Own GM effort by Harry Webber. Now, agencies The Ad Store and Forza Migliozzi, llc. are pooling resources to look for enough people to buy Pabst Brewing Company on Buy A Beer Company. Total cost: $300 million. Minimum contribeertions start at $5. Other crowdsource membership pledge levels include Six Pack Membership ($25.00), Case membership ($100.00) or the Brewmeister level of $250,000.00. Dorito-lovin', Super Bowl commercial havin' brands, listen up, you started it. This is the double-edged sword that is crowdsourcing. After all, consumers "own" social media, AM I RIGHT? What's more social than beer! I woulda crowdsourced the logo though. I KID.
To Learn More Click Here
buyabeercompany.com
Bookmark and Share

Thursday, November 12, 2009

Crowdsourcing: Outsourcing on steroids

Large creative agencies are watching this space with avid interest. Although many fear crowd sourcing will do them out of a job, others will see it as a way to source great ideas at a fraction of the cost of the traditional agency model.
To Learn More Click Here
Bookmark and Share

Crowdsourced: Who's on First?

Crowdsourcing agencies didn't seem at all flummoxed when former Crispin guys John Winsor and Evan Fry and Massive founder Claudia Batten announced that they'd launched the "The world's first creative (ad) agency built on crowdsourcing principles." Probably because they all do different things, and being "first" isn't important, unless you're America and the year is 1969. But various commenters and blogs have bemoaned the agency's "first" claim. Naturally, we're hopping on board to list a bit of what we know. First, a short list of companies operating on the crowdsourcing model:
To Learn More Click Here
Bookmark and Share

Channel 4 News turns to crowdsourcing for new website

LONDON - Channel 4 is launching a website that aims to draw up a picture of who is connected to whom in British society, partly relying on crowdsourced information.

Who Knows Who launches today and aims to reveal the connections between politicians, business leaders and other well-known figures, in a bid to show where the real power lies in the UK

— and possibly generate some scoops for 'Channel 4 News' in the process from gossipy toffs wanting to spill the beans on their rivals.

It uses as its starting point the connections between former members of the Bullingdon Club at Oxford University. Channel 4 focused on the activities of members in the docu-drama 'When Boris Met Dave'.

The site will be expanded by the team at 'Channel 4 News', as well as drawing on information from third-party sites including mysociety.co.uk. The primary means of building it, however, will be by developing a community of users who can suggest relationships to investigate.

Vicky Taylor, commissioning editor at Channel 4 New Media, said: "Our ultimate goal is to build the biggest network of connections in the UK. We have currently mapped around 6,000 connections but we aim to multiply that many times over.
To Learn More Click Here
Bookmark and Share

Amazon.com Pushes Benefits Of Crowdsourcing

A million strangers could benefit a company more than a handful of highly trained employees, at least if you subscribe to the concept of crowdsourcing...Chiarella summarised the advantages of crowdsourcing as follows:

* No Contract Negotiation: The company can make it clear up-front that workers will only be paid on satisfactory completion of the task at hand.

* Variable Cost Staffing: With crowdsourcing, Chiarella said, “If there’s no work in the system, you’re not paying workers; if you have work, you can suddenly scale up to 900 workers.”

* No Recruiting: Crowdsourcing drives down the need for recruiting overhead.

* Pay for Performance Model: A simple pay structure based on a set amount of payment for a set task.

* No Facilities Management: The crowd working off personal PCs and networks will translate into no overhead for facilities.

* No Training Lead Time: Amazon.com found that crowdsourcing freelancers had a tendency to train each other. When its Kindle e-reader device was first released, freelancers started a Wiki of helpful material to order to help the support community solve customer issues.

* Geo-Political Diversity: Having workers dispersed around the world also allows work to be transferred fluidly within the system, should a bank holiday or natural disaster in one part of the world effectively shut down a country.

* Scale Up/Down Instantly: Some days, Amazon.com needs the crowd to “scrub” a flood of user reviews and other tasks; some days, the number of tasks is low. In either case, by utilising the crowd, the company can meet the daily work demand without having either too many or too few actual staff.

* Speed: The crowd performs task in parallel, reducing the amount of time necessary to reach a goal. By way of example, Chiarella cited the case of NASA, which released an application through its Website for counting meteor strikes in 88,000 images of Mars. That computation would have taken a NASA scientist two years, but the crowd completed it in a month, with no loss in accuracy.
To Learn More Click Here
Bookmark and Share

Quitting Hollywood for Crowdsourcing: Former Sony Exec Brings Animation to the People

It’s not just broadband distribution that’s undergoing a seismic shift. The former head of Sony Pictures Digital Entertainment Yair Landau thinks he can revolutionize production on the web by crowdsourcing a five-minute animated short. The goal: beat the astronomical production costs that burden the majors and give upstart animators a chance in the big leagues. It’s a bold experiment for a small studio looking to compete with the majors. What kind of a guy quits his job to crowdsource a film short from Facebook users around the world? At Sony 17 years, Landau earned a reputation as a progressive thinker
To Learn More Click Here
Bookmark and Share

InnoCrowding Group to Deliver Chaordix(TM) Crowdsourcing Solutions

Crowdsourcing service leader selects Chaordix to strengthen its open innovation service offering to Italian companies. CALGARY, Alberta, Nov. 12, 2009 — With global demand for crowdsourcing in multiple languages and geographical markets increasing, Chaordix has formed a new partnership with InnoCrowding Group, a leading service provider in crowd-based innovation, to deliver advanced crowdsourcing technology.
Chaordix helps organizations apply crowdsourcing for purposes including generating ideas for new products or services, predicting market reaction, enhancing brand relevance, performing tasks, fundraising and engaging a crowd to develop research, technology, policy and product solutions. Chaordix crowdsourcing platform equips organizations to harness crowds including the broad public, employees, consumers and other stakeholders. Participants submit, refine and rank contributions that organizations can then apply to better perform. “Europe, and in particular Italy, is made up of small and medium enterprises that require flexibility, customization, adaptation, and localization in how they apply crowdsourcing,” said Dr. Alexander M. Orlando, InnoCrowding Group’s CEO. “Chaordix flexible features are a great addition to our portfolio of innovation enablers(SM). The Italian public administration, universities, and private enterprises have welcomed the utilization of a culturally tailored open innovation platform.” “We particularly value the specialized multilingual translation and localization services InnoCrowding offers to help us reach global markets,” said Shelley Kuipers, Chaordix President & CEO.
To Learn More Click Here
Bookmark and Share

Spot.Us Delivers Crowdfunding to The New York Times

[UPDATE: Comments by New York Times Public Editor Clark Hoyt and Spot.Us Director David Cohn have been added to the bottom of this post.] The New York Times published half of a very good story this morning -- Lindsey Hoshaw's account of her visit to the massive patch of garbage floating in the Pacific. In an italicized note, the Times hinted at the rest of the story: "Travel expenses were paid in part by readers of Spot.Us, a nonprofit Web project that supports freelance journalists." As Hoshaw was raising money for the story this summer, both the Times and Spot.Us made a point of insisting that the roles played by both organizations did not, collectively, represent any kind of collaboration. Spot.Us would help raise money for the trip, they said, and the Times would consider the story for publication.
To Learn More Click Here
Bookmark and Share

Tony Robbins Crowdsources his website on crowdspring!

To Learn More Click Here

ultimatedge.com
Bookmark and Share

Wednesday, November 11, 2009

Top Digital Marketing Trends for 2010: Flash, Crowdsourcing, Info-Art

As 2010 fast approaches, digital marketers are gearing up for yet another year of changes that will incorporate both the transformational and the incremental.

From the economy's influence on the burgeoning "do-it-yourself" culture to an increasing reliance on collective wisdom, information-based art, and remote computing, digital experts at Last Exit (via MarketingCharts) have put together the following list of top digital marketing trends they believe will play out in the year ahead.

8. Crowd Sourcing: Across many industries and organizations, crowd sourcing will become a growing tool as part of various outsourcing strategies. Organizations will mobilize the passionate special-interest groups to not only carry a message but also to lead and take part in activities on their behalf. From political canvassing to software development, from people journalism to environmental activism, expect to see huge growth in crowdsourcing models provoked and led, in large part, by digital social media strategies.
To Learn More Click Here
Bookmark and Share

Is Victors & Spoils being truthful on crowdsourcing?

We want to open this up with a statement from Adhack (taken from the comments below)

And to make it more clear, a bunch of crowdsourcing startups also existing prior to Victors & Spoils. I know because I’m 1 of 3 people in an office doing it at AdHack (http://adhack.com). Another is Genius Rocket.

Today Victors and Spoils have issued a press release stating that they are.. well the first agency that is built on crowdsourcing.

About Victors & Spoils
Victors & Spoils is the first advertising agency built on crowdsourcing principles, with both curation and direction. Co-Founders John Winsor, Claudia Batten and Evan Fry launched Victors & Spoils as a strategic alternative to
the current advertising landscape and as a marketing partner in crowdsourcing that offers the strategic direction, engagement and relationship management that brands rely on their agencies to provide. Victors & Spoils is located in
Boulder, Colorado. For more information, visit: www.victorsandspoils.com.

Now the problem is that we have found at least 15 agencies that have stated the same thing many of them dating back nearly 1/2 a decade...
To Learn More Click Here
Bookmark and Share

Monday, November 2, 2009

Crowdsourcing = Disruption - Discuss: The Scary Economics of Crowdsourcing

One of the emerging phenomena associated with Web 2.0 — and one of the themes of the Enterprise 2.0 conference, which I'm here in San Francisco to attend today and tomorrow — is the notion of 'crowdsourcing'. This is the use of the Web to find people to complete work projects through an open competitive auction process. Dion Hinchcliffe had a long post on its relevance to enterprise here on ebizQ a few weeks ago and as I read through and explored some of the links I started to find it all rather scary...Wired magazine recently carried an article about a company that is harnessing crowdsourcing with automation and intelligent algorithms to build a multi-million dollar business. The Answer Factory: Fast, Disposable, and Profitable as Hell has some very scary passages, such as...
To Learn More Click Here
Bookmark and Share

Sunday, November 1, 2009

Crowd Control Is turning to the masses for creative input a quick fix or the way of the future?

Crispin Porter + Bogusky recently ignited an online debate and protest campaign on Twitter when it crowdsourced the design of a product logo for Brammo, an electric motorcycle start-up. Criticism mostly focused on the high-end agency taking such a low-cost route, as well as its putting creative into the hands of outsiders when experts were not just available, but the very ones passing it off. For Brammo, crowdsourcing was more than just a way to stretch its budget. "We wanted to blur the line between [who works for Brammo] and [our] products," says Brian Wismann, the company's director of product development. "And it created its own buzz." Crowdsourcing creative -- which includes user-generated contests, and receiving input on briefs and designs -- is an increasingly popular option for marketers that want to add a consumer-engagement punch to their campaigns. It's also controversial. Detractors call it gimmicky, say it encourages low-quality creative, and eschews strategic thinking and relationship management. But love it or hate it, this much seems clear: Not only is crowdsourcing here to stay, it's picking up steam.
To Learn More Click Here
Bookmark and Share