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Pop Idol as Your Business Model
              The Power of Participation

                       Dr Paul Marsden




                           clickadvisor
Who’s the guy with Jacko?




             clickadvisor
“He should be melted down into glue”
                    Chris Martin, Coldplay




                          clickadvisor
Simon Fuller
The Man Behind the Pop Idol Franchise




                     clickadvisor
Pop Idol
Participatory Entertainment




           clickadvisor
Pop Idol Generation
    Where’s the Mouse?




       clickadvisor
Web 2.0
Participatory Media




   clickadvisor
Participatory Media
>50% of Top Sites Now Driven By Participatory Media




                                   clickadvisor
Participatory Media
Not the End of Corporate Art, but...




                   clickadvisor
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
             clickadvisor
          Brands Do Pop Idol
Participatory Marketing
                                   clickadvisor
Participation Beyond Pop Idol: Brand Ambassadors
Participatory Marketing
                   Closing the Loop with Consumers




                    Participatory Marketing
                                     clickadvisor
Participation Beyond Pop Idol: Collaborative Filtering
Participatory Marketing
                                      clickadvisor
Participation Beyond Pop Idol: Participation for Good
The Psychology of Participation / Pop Idol
                              clickadvisor
                         The Hawthorne Effect
Brewtopia - A Pop Idol Brand
                    clickadvisor
   Participatory Marketing in Action
Participatory Marketing
                             clickadvisor
Increases Brand Loyalty and Brand Advocacy
Participatory Marketing
Drives Brand Trial and clickadvisor
                       Word of Mouth
Participatory Marketing
                                 clickadvisor
Four Times as Effective as Television Advertising
Participatory Marketing
               clickadvisor
       Self-funding Marketing
Participatory Marketing
             clickadvisor
         Builds Brand Equity
Branding: “Establishing efficient,
choice-shaping associations
with the brand name”




                          Participatory Marketing
                                       clickadvisor
                                   Builds Brand Equity
Participatory Marketing
                clickadvisor
Listen and Be Seen Be Listening
e
                    Lak gon
                       e
                     ob ome
                   W dr
                    Syn




Participatory Marketing
             clickadvisor
           Actually Listening
e
                                           Lak gon
                                              e
                                            ob ome
                                          W dr
80% of CEO’s believe their brands          Syn
offer a superior experience...




                       Participatory Marketing
                                    clickadvisor
                                  Actually Listening
e
                                             Lak gon
                                                e
                                              ob ome
                                            W dr
80% of CEO’s believe their brands            Syn
offer a superior experience...

                 ...8% of their customers agree
                                          Bain & Co




                       Participatory Marketing
                                    clickadvisor
                                  Actually Listening
One More Thing...
Back to Pop Idol (Sorry)




       clickadvisor
Original Pop Idol Concept
     Web Business for Spotting and Commercialising New Talent



Step 1: Source Talent From The Crowd

Step 2: Screen for Potential

Step 3: Own the Output




                                              clickadvisor
Screening for Potential
         Professional Juries




           clickadvisor
Screening for Potential
             People Juries




          clickadvisor
Owning the Output
Commercialise the hell out of the winner




                        clickadvisor
Pop Idol is Not Trivial
     The Science Bit: Application to Business of Darwinian Genius




          Creativity
              =
  STEP 1: Random Variation
              +
STEP 2: Competitive Selection




                                                 clickadvisor
Pop Idol is The Ultimate Creative Engine
                Survival of the Fittest Creativity




                                clickadvisor
Pop Idol is The Ultimate Creative Engine
                Survival of the Fittest Creativity




                                clickadvisor
Pop Idol is The Ultimate Creative Engine
                Survival of the Fittest Creativity




                                clickadvisor
Threadless: Pop Idol for Graphic Designers
                                    clickadvisor
 Web Business for Spotting and Commercialising Talent
InnoCentive: Pop Idol for Scientists
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
iStockphoto: Pop Idol for Photographers
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
OpenAd: Pop Idol for Creatives
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
TopCoder: Pop Idol for Geeks
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Hosting Your Own Pop Idol
                                   clickadvisor
Web Business for Spotting and Commercialising Talent
Pop Idol: “Competitive Crowdsourcing”
                  Outsourcing to the Crowd




                         Jeff Howe




                           clickadvisor
Pop Idol: “Competitive Crowdsourcing”
                               Outsourcing to the Crowd



Crowdsourcing:

The the act of taking a task
traditionally performed by
an employee or contractor,
and outsourcing it in the
form of an open call                  Jeff Howe




                                        clickadvisor
Wrap Up




clickadvisor
Wrap Up


1. Pop Idol: Effective Digital Marketing Model
           Gold Standard Participatory Marketing




                              clickadvisor
Wrap Up


1. Pop Idol: Effective Digital Marketing Model
           Gold Standard Participatory Marketing




                              clickadvisor
Wrap Up


              1. Pop Idol: Effective Digital Marketing Model
                           Gold Standard Participatory Marketing



                 2. Pop Idol: Effective Digital Business Model
Online Talent Spotting & Commercialisation as Web 2.0’s Golden Egg




                                               clickadvisor
Thanks!
paul.marsden@clickadvisor.com

                                clickadvisor

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