Group items tagged

choose from

we get lot many options

if the winning design is not used to develop a model the entries can be used for idea generation of hundreds of phones to come.

Now crowdsoure the task and rather than you searching talent, Talent comes running, searching for you

Hassle free

Hassle free

Great Marketing Tool

Talent comes searching for you

Stop that futile R&D

Not necessary every task that you do has to be a success

get new products developed companies have to invest in R&D

Good tool for head hunting or outsourcing

Incase yours is a web design company and you frequently crowdsource your job to couple of people who are the same all times, you know this relationship can be converted into a contractual outsourcing.

Crowdsourcing the wrong thing

Make sure whatever information you provide while you crowdsource even if gets leaked you don’t lose anything

Whose stuff is it anyway

A major issue that I see with Crowdsourcing is that of copy rights.

The genuineness of the crowdsourcee needs to be checked.

Wrong Marketing – At times Crowdsourcing can result in wrong marketing by passing the bad word of mouth publicity.

At times you have to give that buck

Ideas are open

because if you wanted a completely unique product, there are chances others too had an eye on it.

You get it cheap but it can’t be costlier – That’s an irony

to get your job done you can outsource, and by paying more you can get better results (mostly).

in crowdsourcing this might not always be true.

trying to integrate this to your existing Business model doesn’t seem to work at least for now.

some might be OK with a 100 dollar bill while others try to get at least 250

Disputes will be there and hence can’t be treated as a Business Model

huge disadvantage about Crowdsourcing

various individuals satisfying your need;

if you visit any of these forums where crowdsourcing is going on

what you find is one or two participants post original ideas

Now they can be ceased on that particular forum but if ideas get leaked across the internet there’s basically no way out.

I will wind up concluding this as a great tool. A tool which can make or break the game, so I do suggest you to plan well in advance and take advantage of this new opportunity.