Filter information by voting (crowd-voting). Fund projects (crowd-funding). Create or design products (crowd-creation). ‡ ‡ ‡ ‡ ‡ Solutions to problems (idea jams) Predict outcomes of events(crowd-casting). through an open call. National Institute of Fashion Technology 2 .What is Crowdsourcing ? It is the act of outsourcing tasks. to a large group of people or community (a crowd). traditionally performed by an employee or contractor.

other clients etc.. ‡ Traditionally. ‡ Limited choices National Institute of Fashion Technology 3 . portfolio.. ± Choosing design concepts ‡ Communicating exactly what you are looking for ± Committing to buy something you have not yet seen. ± finding and working with the right designer for your project ‡ Choosing : Education.Benefits.

. A Community of Non-Affiliated Individuals Working Collectively and Individually to Create Value National Institute of Fashion Technology 4 .Visual.

. ‡ Crowdspring ± Creative designs ‡ Topcoder ± Technology Portal ‡ Threadless ± T-shirt designs ‡ Popdeck .etc ± Skateboard design National Institute of Fashion Technology 5 .Online Services.

National Institute of Fashion Technology 6 .Existing Companies. & many more .

Drawbacks ‡ ‡ ‡ ‡ No confidentiality Poor quality entries Wrong direction Popularity misleads National Institute of Fashion Technology 7 .

Coming up empty Derailment. Missing the best talent Hidden costs National Institute of Fashion Technology 8 .Drawbacks ‡ ‡ ‡ ‡ ‡ Stolen /recycled names.

Video National Institute of Fashion Technology 9 .

Thank You!! National Institute of Fashion Technology 10 .

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