One year old Built on the back of social media – we have spend under £500 in marketing Blog and Twitter are key community building and engagement channels
A challenge to the traditional agency model Thousands of creatives (from diverse backgrounds) vs. two Significantly lower cost and risk Faster turnaround Insights and consumer engagement PR exposure Exposure / awareness to a early adopting, networked community
Crowdsourcing is not right for every brief Intellectual property protection (client and creative) Choosing the right idea (from hundreds) How do produce the idea Managing community expectations and rewarding all participants Traditional agency ‘sour grapes’
$10000 bounty 8000 + Creatives 1200 Submissions Paying out more in the end.