Crowdsourcing: Beyond The Basics

CONVINCE & CONVERT — What is the next generation of crowdsourcing? Crowdsourcing is evolving beyond the shiny contest model (Doritos’ "Crash the Super Bowl") and into something more meaningful to the brands embracing it and the consumers contributing to it. There is no better ‘bang’ for your buck than a well thought out and properly executed crowdsourcing initiative. Market research is as important to most companies as the payroll department. Yet, it seems to be a stagnant mode of gathering feedback. Surveying, physical and online focus groups and opinion polling are still the primary tactics companies depend upon for market prediction and go to market strategy. It is uni-directional, as static as a physical newspaper, and it assumes the company seeking quality answers is asking the right questions. This is where crowdsourcing comes in...