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Crowdsourcing
#NewCrowdSM4
           Leigh Ortman
        Alexandra Dolan
      Charlotte Schaefer
              Tim Killian
What is Crowdsourcing?
Crowdsourcing is the act of
  outsourcing tasks usually
    assigned to a single
    individual, to a large
      group of people.
• Video of crowdsourcing
History
1714- British Government Asks
Citizens For a Way to Find Location
            While at Sea
1916- Planters Peanuts Logo Contest
2001-
Wikipedia
Launches
2004- James Surowiecki writes “The
        Wisdom of Crowds”
Jeff Howe coined the
     term in 2006.
2008- IndieGoGo launched




 * Crowdfunding
Iceland crowdsources a new
    constitution proposal
CrowdConf



 @CrowdConf
* Started in 2010
How do you crowdsource?
Applications & Websites
Thumb
Free mobile application

Users may either
request feedback from
users or provide
comments to others’ posts

Connect with users with
similar interests

Reward helpful
responses with Stars
•   Download Thumb to your smartphone
•   Sign up with e-mail or Facebook
•   Click “Me”  Click “Find Friends”
•   Click “Search Thumb”
•   Type in: cschaefe@syr.edu (Charlotte)
• Enterprise
  crowdsourcing

• Hires a network
  over 2.5 million
  people to perform
  their crowdsourcing

• Large companies 
  small businesses
  pay CrowdFlower to
  do their
  crowdsourcing for
  them
http://www.youtube.com/watch?v=hs_YGkLrYnI
 Collaborative
 production
 website for
 making music

 If a production
 makes money,
 the profits are
 split 50/50 with
 the company and
 the artist(s).
• Insert screenshots of process
Why crowdsource?
Advantages
Advantage1: With a huge pool of
participants, more ideas are bound to be
                 made.
Advantage 2: Feedback is gained quickly for
               faster results.
Feedback is
  instantaneous.
Advantage 3:
  Cheap for
 companies.
Disadvantages
Disadvantage
        1:
  Requires
    filtering
    of bad
  information
Disadvantage 2: Low Confidentiality, Privacy
   and Security. Information gathering is a
               public process
Whois crowdsourcing?
Mark Wilson
• @crtlzee
• Founder of Philanthopr

  “It may only take a few more
  disasters (individuals who
  despise a certain brand, etc,
  teaming up) to take down a
  brand in a public arena and
  scare many corps away from
  the idea.”
John Tozzi
•   @jtozz
•   Reporter for
    BloomburgBusinessweek – covers
    small business, entrepreneurship,
    &innovationn

“The main advantage is it allows you
   to tap a wide network of people
   who may specialized knowledge or
   insight into a particular question or
   problem.”
Mollie Allick
• @mpallick
• Director of Events and PR
  at CrowdFlower
• Expert 4
Looking Ahead…
“Brand Crowd”


Companies will look to consumers to spread
 the word of their new products before they
               hit the shelves.
Crowdfunding

Jumpstart Our Business Startup (JOBS) Act,
  passed by the House of Representatives,
allows new businesses to use crowdfunding.
Crowdsourcing Employment


Large companies have begun paying people
   to perform crowdsourcing activities on a
                 daily basis.
Summing Up
• CrowdSourcing is an efficient way of gathering
  information and feedback from unlimited sources
  worldwide thanks to the internet and social
  media

• Large Corporations to small businesses and
  even individuals can make a living off of
  crowdsourcing

• Crowdsourcing brings together numerous
  viewpoints information and strategies together
  but requires a filter

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