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Crowdsourcing: Beyond the tired buzzword Martin Bryant @MartinSFP

Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

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Page 1: Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

Crowdsourcing:Beyond the tired buzzword

Martin Bryant@MartinSFP

Page 2: Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

The basics:

Company has a problem

Company broadcasts problemonline

Online “crowd” is asked for solutions/suggestions

Crowd submits solutions

Company rewards winningsolvers

Company owns winningsuggestions

Company profits

Page 3: Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

Why crowdsourcing fails

• The wrong question for the audience• Too high a barrier to entry• It’s a publicity stunt

Page 4: Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

First-hand success

Page 5: Social Media in a Corporate Context Manchester 2010 - Martin Bryant, The Next Web

Make crowdsourcing part of your culture

• “Good karma”• A virtuous circle of good will• Just another part of the conversation with

your customers.