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[email protected] Destruction of an industry or a future we need to embrace? by: Daniel Neville Crowdsourcing Creativity

Crowdsourcing Creativity - The destruction of an industry or a future we need to embrace?

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Page 1: Crowdsourcing Creativity - The destruction of an industry or a future we need to embrace?

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Destruction of an industry or a future we need to embrace?by: Daniel Neville

Crowdsourcing Creativity

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What Is Crowdsourcing?

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What Is Crowdsourcing?Crowdsourcing is...the act of taking a task traditionally performed by an employee or contractor, and outsourcing it to an undefined, generally large group of people, in the form of an open call.Source: Wikipedia Crowdsourcing

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Not A New Idea…

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1. 19th Century Oxford English Dictionary

Not A New Idea…

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1. 19th Century Oxford English Dictionary

2. 1798 Longitude Prize

Not A New Idea…

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1. 19th Century Oxford English Dictionary

2. 1798 Longitude Prize

Then came technology....

Not A New Idea…

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With Tech. The Crowd Is..

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1. Larger

With Tech. The Crowd Is..

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1. Larger2. Connected

With Tech. The Crowd Is..

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1. Larger2. Connected3. Contributing in many ways/range of skill levels

With Tech. The Crowd Is..

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1. Larger2. Connected3. Contributing in many ways/range of skill levels

With Tech. The Crowd Is..

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Crowdsourcing What?

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Crowdsourcing What?

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Crowdsourcing Applied To Business

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3 Types of Crowdsourcing

Crowdsourcing Applied To Business

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3 Types of Crowdsourcing4 Applications of Crowdsourcing

Crowdsourcing Applied To Business

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1. Creation: The public contributes the content

Types Of Crowdsourcing

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1. Creation: The public contributes the content

Types Of Crowdsourcing

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2. Prediction: public action determines the results

Types Of Crowdsourcing

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2. Prediction: public action determines the results

Types Of Crowdsourcing

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3. Organisation: inbound links + peer voting = organisation of information

Types Of Crowdsourcing

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3. Organisation: inbound links + peer voting = organisation of information

Types Of Crowdsourcing

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1. Product Development

Applications Of Crowdsourcing

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1. Product Development

Applications Of Crowdsourcing

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2. Initiatives, new business, problem solving

Applications Of Crowdsourcing

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2. Initiatives, new business, problem solving

Applications Of Crowdsourcing

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3. Communications, marketing, advertising

Applications Of Crowdsourcing

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3. Communications, marketing, advertising

Applications Of Crowdsourcing

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4. Prediction, forecastingApplications Of Crowdsourcing

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4. Prediction, forecastingApplications Of Crowdsourcing

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Why Crowdsource?

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Traditional Model Vs. Crowdsourcing

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Traditional Model Vs. CrowdsourcingPay by the hour

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Traditional Model Vs. CrowdsourcingPay by the hour

More brains = more hours

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Traditional Model Vs. CrowdsourcingPay by the hour

More brains = more hours

Costs grow exponentially withthe number of solutions

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Traditional Model Vs. CrowdsourcingPay by the hour

More brains = more hours

Costs grow exponentially withthe number of solutions

lack of a fresh perspective = old eyes

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours

Costs grow exponentially withthe number of solutions

lack of a fresh perspective = old eyes

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

lack of a fresh perspective = old eyes

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

Pay for what you use

lack of a fresh perspective = old eyes

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

Pay for what you use

lack of a fresh perspective = old eyes

Not limiting yourself to traditional ‘creatives’

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

Pay for what you use

lack of a fresh perspective = old eyes

Not limiting yourself to traditional ‘creatives’

Customer insight = new perspective

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

Pay for what you use

lack of a fresh perspective = old eyes

Not limiting yourself to traditional ‘creatives’

Customer insight = new perspective

Interaction & engagement

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Traditional Model Vs. CrowdsourcingPay by the hour Connectivity & incentive =

exponential reach

More brains = more hours Cost does not increase as contributors join in

Costs grow exponentially withthe number of solutions

Pay for what you use

lack of a fresh perspective = old eyes

Not limiting yourself to traditional ‘creatives’

Customer insight = new perspective

Interaction & engagement

New approach = innovation

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Why Does The Crowd Participate?

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1. The 'rise of the amateur'

Why Does The Crowd Participate?

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1. The 'rise of the amateur'

“...marketing is way too important to be left to professionals. Every person is a marketer, and anyone crazy enough and passionate enough to start something is definitely a marketer. “- Seth Godin

Why Does The Crowd Participate?

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2. The “Ideas Economy”

Why Does The Crowd Participate?

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2. The “Ideas Economy”

Supply and demand are not regulated by money or time... But rather on the VALUE of what's on offer

Why Does The Crowd Participate?

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2. The “Ideas Economy”

Supply and demand are not regulated by money or time... But rather on the VALUE of what's on offer

A great idea can come from anywhere

Why Does The Crowd Participate?

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2. The “Ideas Economy”

Supply and demand are not regulated by money or time... But rather on the VALUE of what's on offer

A great idea can come from anywhere

Why Does The Crowd Participate?

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3. Level playing field, equal risk

Why Does The Crowd Participate?

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3. Level playing field, equal risk

It provides new-comers with a chance to show their skills ...and established practitioners with the chance to earn cash for a small time commitment

Why Does The Crowd Participate?

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3. Level playing field, equal risk

It provides new-comers with a chance to show their skills ...and established practitioners with the chance to earn cash for a small time commitment

Why Does The Crowd Participate?

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A Closer Look…

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www.ideabounty.com is a crowdsourcing platform for creative/marketing ideas & solutions with 1,000’s of registered creatives ready to tackle your brief.

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QuickTime™ and aYUV420 codec decompressor

are needed to see this picture.

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QuickTime™ and aYUV420 codec decompressor

are needed to see this picture.

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What We Did

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• Helped define & write the brief

What We Did

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• Helped define & write the brief • Promoted the brief

What We Did

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• Helped define & write the brief • Promoted the brief• Dealt with all PR

What We Did

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• Helped define & write the brief • Promoted the brief• Dealt with all PR • Filtered Ideas/submissions

What We Did

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• Helped define & write the brief • Promoted the brief• Dealt with all PR • Filtered Ideas/submissions• Produced brand insights gained from submissions

What We Did

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• Helped define & write the brief • Promoted the brief• Dealt with all PR • Filtered Ideas/submissions• Produced brand insights gained from submissions • Full day Idea selection workshop with Unilever team

What We Did

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New Print & TV Ad

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Had To Use The Animal

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Requirements

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• Print Ad

Promotion

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• Print Ad

Promotion

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• Print Ad• Online Banners

Promotion

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• Print Ad• Online Banners• Social Media Seeding

Promotion

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• Print Ad• Online Banners• Social Media Seeding• E-mail Newsletter

Promotion

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Press

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• Helps with Idea selection

Idea Bounty Scoring System

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• Helps with Idea selection• Separates good Ideas from really good Ideas

Idea Bounty Scoring System

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• Helps with Idea selection• Separates good Ideas from really good Ideas• Feedback & reward system for creatives

Idea Bounty Scoring System

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• Helps with Idea selection• Separates good Ideas from really good Ideas• Feedback & reward system for creatives

• Ideas scored from 1 to 10 across 5 categories

Idea Bounty Scoring System

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• Helps with Idea selection• Separates good Ideas from really good Ideas• Feedback & reward system for creatives

• Ideas scored from 1 to 10 across 5 categories• On brief/brand• Clear• Practical • Campaignable • WOW factor

Idea Bounty Scoring System

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1185 Ideas Submitted

Post Brief Stats

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• 24 345 Unique visitors

Post Brief Stats

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• 24 345 Unique visitors• 68 Countries

Post Brief Stats

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• 24 345 Unique visitors• 68 Countries UkSouth AfricaUSABrazilPortugal

Post Brief Stats

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• 24 345 Unique visitors• 68 Countries UkSouth AfricaUSABrazilPortugal

• 168 (1895) Mentions of the brief online (blog posts, articles)

Post Brief Stats

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• 24 345 Unique visitors• 68 Countries UkSouth AfricaUSABrazilPortugal

• 168 (1895) Mentions of the brief online (blog posts, articles)• 67 894 Video Views

Post Brief Stats

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• 24 345 Unique visitors• 68 Countries UkSouth AfricaUSABrazilPortugal

• 168 (1895) Mentions of the brief online (blog posts, articles)• 67 894 Video Views• £100,000 Worth of PR

Post Brief Stats

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• Bounty split in two ($5,000 for TV, $5,000 for print)

The Winner

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• Bounty split in two ($5,000 for TV, $5,000 for print) • Could go to one or two people

The Winner

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• Bounty split in two ($5,000 for TV, $5,000 for print) • Could go to one or two people• Bought 2 TV Ideas & 1 print

The Winner

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• Bounty split in two ($5,000 for TV, $5,000 for print) • Could go to one or two people• Bought 2 TV Ideas & 1 print• Total = $15,000

The Winner

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• Bounty split in two ($5,000 for TV, $5,000 for print) • Could go to one or two people• Bought 2 TV Ideas & 1 print• Total = $15,000

The Winner

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Develop and bring to life a concept for a new Red Bull on-premise drinking ritual.

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587 Ideas

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We want ideas that make living a more sustainable life appealing, aspirational and

cool.

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687 Ideas

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Castle Lager is looking to leverage our sponsorship of the national South African

soccer team (Bafana Bafana) to promote the Castle brand leading up to and during the

Soccer World Cup 2010

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631 Ideas

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We are looking for a concept for both a print and an online banner ad that will

announce to the world that Capitec Bank is one of tomorrow's great brands

and the only one to come from Africa. 

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648 Ideas

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What About The Agency?

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What About The Agency?

“ In our world, we have two assets that make creativity a usable commodity: the strategy and the creative director. Between the two, we have the necessary filters to identify cool work that will work.”

Colin Drummond - Account planning Crispin Porter + Bogusky

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BenefitsIndependent audit found 1600% ROI off PR alone

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Consumer insight & interaction

“Idea Bounty has exposed us to a plethora of great ideas and more than a little insight into how the world views our brand” ~ Charl Bassil, Executive Brand Manager Castle Lager, SAB Miller

“Staying truly 'fresh' is a 365 day a year challenge and we're very clear that two of the secrets to achieving this, are celebrating great ideas; and staying in touch with your consumers. What's great about Idea Bounty is it does both”. ~ Mike Leslie, Innovation & Sponsorship Manager of Levi Strauss

Benefits

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Live Now!

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Thanks!

www.ideabounty.com