Crowdsourcing: Shaping the Future of Everything

  • 7th Sep'20
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In this fast changing world, everything is transforming with fast pace and in the near future, they are about to change even  faster. Technology is making it progressively easier to approach the knowledge, experience, and resources of the crowd. 

To cope up with technological advancement, crowdsourcing has been a support system in every aspect. The  applications of crowdsourcing technology can provide funding, services, and navigation. In recent times, this technology is all set to accelerate innovation, solve all sorts of problem-related to any field and sector.

 

Crowdsourcing Business Models

The crowdsourcing is a collective mobilization about passions, talents, skills and tangible resources that is facilitated by high tech platforms. It can take place on several levels and across various industries. It is believed that due to the  growing connectivity, it is now easier than ever for individuals to collectively contribute ideas, time, expertise or funds to a project or cause and bring overall development. 

 

Visit the links to all about crowdsourcing business and its models.

All about crowdsourcing:

https://www.investopedia.com/terms/c/crowdsourcing.asp

 

Guide to crowdsourcing:

https://blog.hubspot.com/marketing/crowdsourcing

 

Crowdsourcing business model:

https://medium.com/@kapilkhanwani/case-study-crowdsourcing-business-model-3b9096b605ec

 

A new model of crowdsourcing model:

https://hbr.org/2020/01/a-new-model-for-crowdsourcing-innovation

 

Tips to build crowdsourced company:

https://www.forbes.com/sites/mikemontgomery/2017/01/25/how-to-build-a-crowdsourced-company-from-the-ground-up/

 

Crowdsourcing Marketing

Marketing is one way of conversation and crowdsourcing adds a new dimension to the marketing world. As, crowdsourcing is the act of involving your audience in the process of digital content creation. It's an effective way to build up interest in your digital posts and drive the outcome you want from your posts. In the coming future, crowdsourcing marketing has much more to show.

 

Click on the links to read and understand more about crowdsourcing marketing.

Crowdsourcing marketing:

https://www.thebalancesmb.com/what-is-crowdsourcing-marketing-and-how-is-it-used-2295467

 

Crowdsourcing marketing strategies:

https://www.autopilothq.com/blog/crowdsourcing-marketing-strategy/

 

Innovative market strategy with crowdsourcing:

https://www.crowdsource.com/blog/2012/11/innovating-your-marketing-strategy-with-crowdsourcing/

 

Using crowdsourcing strategy for marketing:

https://medium.com/@ideascalenation/how-to-use-crowdsourcing-in-your-digital-marketing-strategy-f802cb4bfda6

 

Future of Crowdsourcing

In this technology savvy world, the future is human-centric. It's considered to be all about participation and the ability to co-create with an increasingly connected world. 

Crowdsourcing is a new way of doing things by involving different aspects such as crowdfunding, co-creation, collaboration and open innovation. It is quite challenging to establish business models and how to make companies work across the board. It offers an immense opportunity to rethink and reinvent conventional processes with much more innovations in the coming future. 

 

Read the links to understand more about the future of crowdsourcing. 

The challenges in the future of  crowdsourcing in business world:

https://digital.hbs.edu/platforms-crowds/biggest-challenge-future-crowdsourcing-business/

 

Future of crowdsourcing:

https://www.forbes.com/sites/chriscancialosi/2019/11/21/the-future-of-crowdsourcing/

 

Future of crowdsourcing shaping everything:

https://www.wired.com/insights/2014/04/future-crowdsourcing-crowd-changing-can/

 

Crowdsourcing business trends:

https://www.crowdsource.com/blog/2014/05/crowdsourcing-industry-trends-unique-ways-companies-leveraging-crowd-will-impact-future-job-markets/

 

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Contributor: Sareen Yasmin

Her passion includes creative writing, reading and playing around words. She is looking forward to bringing some change with the power of pen and thoughts. Mic and pen are her best friends.

Sources/References:

*Note: The content published above was made in collaboration with our members.

About the author:

Sareen Yasmin, OpenGrowth Content Team

"I believe my fingers can transform thoughts into immortal memories and lessons for the rest of the world."

Her passion includes creative writing, reading and playing around words. She is looking forward to bringing some change with the power of pen and thoughts. Mic and pen are her best friends.


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