Summary Flashcards

1
Q

Which forms of crowdsourcing are there?

A

Contest, collaborative community, complementor, and labor market.

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2
Q

What is a crowd contest? And when is it most effective?

A

The company has a problem and offers a cash prize for solutions. It’s most effective when the problem is complex.

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3
Q

What is a crowd collaborative community? And what is the pain point of it?

A

Working with customers who have knowledge about the problem. It lacks cohesiveness.

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4
Q

What are crowd complementors? And what is the issue of it?

A

Enables a market for goods or services to be built on your core product or technology.

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5
Q

What are crowd labor markets? And how to use it?

A

Matching buyers and sellers to make a product. When a company knows the solution.

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