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Saturday, February 18, 2017

"I'm in with the In Crowd" - Just Like Dobie Gray Said




     In this week’s Strategic Communication and Emerging Media class we are taking a closer look at the global crowdsourcing movement.   The term crowdsourcing is attributed to Jeff Howe from back in the 2006 article, “The Rise of Crowdsourcing”.  In that article he described a new way of sourcing many different people, the crowd, who are willing to help or work on some kind of project.  The premise is that large numbers of people with sufficient time can produce a tremendous amount of relatively low-cost manpower.  According to Darren Stevens, in his Hongkiat blog, “for the workers it seems to level the playing field as most who want to participate can and do without regard to age, education, and other factors that often limit in the traditional workplace” (n.d.).  Incidentally the cost involved are typically one-time payments, prize pay-outs, and/or even stock equity (Ha, 2017).  In addition to the low-cost manpower gained, these companies, organizations, or even individuals can crowdsource to receive a much broader often global scope of ideas, services, and products without the typical business influences of time zone differences, labor laws, and/or payment concerns for different currencies in those business transactions. 
     For this week’s exploration of crowdsourcing I’d like to: list a few of the advantages and disadvantages; briefly discuss the business model aspect of crowdsourcing; take a closer look at one specific crowdsource site (Fiverr) and share a remarkable success story from Fiverr.  I’ll conclude this week’s blog with a personal story and a look ahead to the future of crowdsourcing in the digital world.  
     In regards to advantages the biggest appear to be the sheer number of participants and the overall diversity of them, as well as, the cost savings to the entity doing the crowdsourcing.  According to Top Ten Reviews’, “The Best Crowdsourcing Sites of 2017” there are many numerous benefits to crowdsourcing. “You can access the talents of people you don't know, often in other states or countries. You can get a wide range of proposals to choose from. Crowdsourcing often works more quickly and more cheaply than traditional hiring methods. As the notion of hiring freelancers to do one-off tasks grows, crowdsourcing websites will increase in popularity and utility” (2016).  In “Crowdsourcing as a Model for Problem Solving”, author Brabham suggest yet another advantage to crowdsourcing – the triple bottom line (2006).  He states that crowdsourcing “promotes the triple bottom line in business operations.  The triple bottom line refers to People, Profits, and the Planet.  John Elkington came up with the phrase in his 1997 book, ‘Cannibals with Forks: The Triple Bottom Line of 21st Century Business’.”  The basic concept is the company’s responsibilities lie with its stakeholders rather than its shareholders.  That means anyone who has an interest or is somehow impacted by the actions of the company.” 
     There are also disadvantages to crowdsourcing.  Interestingly enough the main disadvantage for crowdsourcing mirrors one of the main advantages: cheap labor often results in a less credible product, especially when compared to professional work. Professionals are paid for their expertise, and experience, but labor such as crowdsourcing is often for completing simple tasks. Stevens concurs that, “any task considered above simple is risky for crowdsourcing” (n.d.).  Another disadvantage for crowdsourcing deals with the downward drive of wages, and the subsequent removal of protection from/for workers that in some cases could lead to exploitation.
     Now let’s move on to the business model aspect of crowdsourcing.     Brabham (2006) calls crowdsourcing a “distributed problem-solving model” in a web-based market.  This is a pretty clear description of the crowdsourcing movement from a business perspective.  However, it should be noted there exist two different types within that “distributed problem-solving model”.  There is the demand-driven source type, wherein workers are subject to the specific “demands” of the requestors, i.e., project type, deadlines, payment methods, etc.  Conversely, there is the supply-driven source model, in this setup the workers “supply” the jobs and/or services that they are willing to complete and list their fees for providing said services.  It is this supply-driven crowdsource aspect that I’d like to focus on a bit more.  These sites are often being referred to as “gig sites” in a “gig economy”.  I’d like to share a bit more about the crowdsourcing “gig site” Fiverr.  Fiverr has been called the freelance service site for the lean entrepreneur, read on and decide for yourself if this is accurate branding.

                                                                       





     According to the Top Ten Reviews (2017), “Fiverr is the crazy quilt of crowdsourcing. You can find just about any kind of product or service, all starting at $5.”  However, unlike the majority of other crowdsourcing (gig sites) websites, Fiverr hosts the freelancers who post their services and price points, the customer(s) then search for one that meets their needs.  On Fiverr there are services ranging from “serious business to simply bananas.” For five bucks, you could purchase a professional resume, a voice-over, or even have someone write targeted press releases.  After searching around this gig site I came across offers for $5 to: translate a document; write a LinkedIn bio/profile; draft a motivational speech; and create a media kit. 
     Overall the products and services are divided into 12 major categories: graphics and design, online marketing, writing and translation, video and animation, music and audio, programming and tech, advertising, business, lifestyle, gifts, fun and bizarre, and other. Each category is then broken down into subcategories. For example, its business category includes virtual assistant, market research, business plans, branding services, legal consulting, financial consulting, business tips, presentations, and career advice.
     Simply go to a category, select a subcategory and then explore.  If you already know precisely what you are looking for you can use the search function.  Each freelancer profile shows what the freelancer offers and often provides some sample work and lists the gig prices. Most of Fiverr's services start at just $5, but many of these freelancers offer enhanced packages or faster delivery for an increased price. You can check the sellers' ratings too and then write your own freelancer review.
     I’m not going to downplay it, this is a fun site to explore, although it seems that some of the services offered might not be very ethical.  For example, you can have people endorse you on LinkedIn or get a guaranteed surge in web traffic.  It would appear “buyer beware” is a necessary reminder.
     Fiverr also provides secure communications between buyer and seller and the gig site handles the payment transactions. You can pay via PayPal, credit card or other electronic payments.
     So the difference between this supply-driven gig site and the demand-driving models of other crowdsourced sites is that there is no requirement to come up with a demand, a project proposal and/or an offering of a prize or taking bids, businesses or individuals can search for the product or service needed and simply select a freelancer from the listing.

                                                                    


     Earlier I mentioned wanting to share a success story from the Fiverr archives.  Here is the condensed story of Charmaine Pocek, a 41-year-old resume writer and career consultant, from Houston, Texas.  This is how she went from starting out on Fiverr writing resumes for $5 to earning a mid-level six-figure annual income.  She started using Fiverr in 2011:

                        
               
     Fiverr Tip from Charmaine: "Provide exceptional customer service. Deliver something a little extra than what the client asks for. Be in contact. I get so many orders, but even a simple message saying, ‘Thank you so much for your order, I’ll be in touch,’ goes a long way. Fiverr has introduced quick messaging where you don’t have to type every word out, so for every order, even though all my orders are due in seven to ten days, I tell them within 24 hours I received their order and it will be delivered on time."
   After searching around in the various Fiverr categories and reading about Charmaine’s success story I was reminded of a time in early 2001 when I was serving as a Support Flight Commander for a small US Air Force squadron stationed on an Italian Air Base.  Our flight created a new product for our community of 135 active military members and their 100+ dependents.  We called this a community skills roster.  We encouraged everyone to share various skills, talents, hobbies that they possessed that might be useful and needed by others in our community.  We had folks sign up for various tasks from editing school papers, to mowing yards, and from babysitting to automotive repair work.  As the list grew we saw an additional benefit, the community became closer.  There were no prices listed for any tasks, simply a task and a contact name and number.  We figured folks could work out the details on their own.  After working on this week’s assignment I can only say I guess our concept was born premature.  But this personal experience is precisely why I can see the benefits to crowdsourcing. 
     So what does the future hold for the crowdsourcing movement in the gig economy?  According to Spigit, a San Francisco-based provider of crowdsourcing, innovation management software, “the top objectives of most crowdsourcing programs is not breakthrough products but rather “creating a culture of innovation” and “increasing employee engagement”.  So be it demand-driven or supply-driven type, the web-based market of the “distributed problem-solving model” known as crowdsourcing is definitely the “In Crowd” of the digital world.

Strategically Yours,
Autumn 

                                                             

** Bonus Share:  In case you’d like to see what Fiverr is all about please feel free to use my referral link: https://www.fiverr.com/s2/61a79bd2e2


Work Cited:
Brabham, D.  (2008).  “Crowdsourcing as a Model for Problem Solving”.  Retrieved on 14 February
Editorial Staff.  (2016).  “The Best Crowdsourcing Sites of 2017”.  Retrieved on 13 February 2017
Ha, A.  (2017). “Loom Helps Entrepreneurs Lure Freelance Developers with Equity”.  Retrieved on       16 February 2017 from  https://techcrunch.com/2017/02/16/loom/?ncid=rss.
Howe, J.  (2006) “The Rise of Crowdsourcing”.  Retrieved on 16 January 2017 from
Shin, L.  (2016).   “How These 3 People Make 6 Figures A Year On Fiverr”.  Retrieved on 16          
Stevens, D.  (n.d.).  “Crowdsourcing: Pros, Cons, and More”.  Retrieved on 15 February 2017 from

1 comment:

  1. Hello Autumn,

    To say that I truly enjoyed your blog is an understatement. I found the information to be informative and useful. I especially like Charmaine's story. It gives a niche market direction for crowdsourcing as an active income wage earner, something I had not even considered before I read your blog. The other point I thought you did well was to list potential resource issues for contributors that are maybe not so astute. I would like to share a point of view about the less advanced contributors. In many instances non-professional or laymen contributors who have enormous successes are attributed to the fact that the area they are contributing in or to is not their area of expertise or even any experience. "The open source software movement proved that a network of passionate, geeky volunteers could write code just as well as the highly paid developers at Microsoft or Sun Microsystems," (Howe.2006) As you mentioned in your blog, he first coined the term crowdsourcing in this article.
    And also, I would interject that in terms of reached goals and objectives that if the seeker company is satisfied with the work accomplished and the project is solved in a satisfactory manner to the benefit of the seeker, then I endorse the prospects of average Joe logging in to see what is on the table and if they can take a crack at the problem.
    Case and point: look at the benefits anyone could have if a professor of technology logged into a tech site to just see the problem. Say that tech person who by trade is just a professor for online classes who travels around in a Cozy Rosie. Now that person is Dr. Padgett. Suddenly I feel like crowdsourcing is a great ticket to solve problems from unexpected resources. The question as a seeker would be, "Did we find a resolution that is cost effective, useful, and that met our objectives?" If that answer is yes, then we pay the man or woman and move on to the next problem.

    The community resource post was a great idea as well. I think small communities can benefit greatly from crowdsourcing, but one bad apple can spoil the whole project, a weakness in the population of contributors can be overcome to benefit the participants. Crowd sourcing is a relatively cheap means to get expensive answers to difficult problems, as long as the crowdsourcing doesn't turn into group think, we should be okay. I am glad I read your work, You are a very gifted writer that explains herself very well. I will seek your blog in the future to see what you think.





    https://www.wired.com/2006/06/crowds/

    https://www.academia.edu/963662/The_Promise_of_Idea_Crowdsourcing_Benefits_Contexts_Limitations

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