Anything That Can Be Turned into a Commodity, Will Be
Tuesday, April 28, 2009 at 07:48AM 
The concept of outsourcing is not a new one. While it may have existed under different names, for as long as industry and services have been around, decision makers have relied on those outside of their realm to contribute to the ecosystem of bringing products to life.
Historically we haven’t paid much attention to this practice. It was done outside of our backyards whether in a different country or by small non-threatening entities. But within the last decade, the web has facilitated the shift of many opportunities from outside to in. It’s done this by utilizing the easy access to the crowds.
Those crowds are not in some far off place anymore. They are among us and the opportunities they’re being presented with are being displayed in front of us. Those who are being pushed out of taking advantage of theses opportunities continue to argue against this practice. Whether it’s journalists, designers, or pretty much any “established” company that sells a product, the mindset of “the traditional way is still the best way” is still being fiercely promoted to would-be customers and the general public. But despite the heated debates and PR efforts, there is an important reality that needs to be acknowledged:
Anything that is legal, and that can somehow be leveraged by an entity to generate income, will be.
The arguments are not going to end, but there is going to come a point in time when organizations need to make one of the three choices.
1. Ignore the situation and try riding it out in hopes your consumer will come back to you.
2. Accept this now and begin to restructure to incorporate these types of functions.
3. Offer a service that overcomes the efficiency of crowds with uniqueness (while retaining competitive margins).
Continue Reading full post at Marketing Profs Daily
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Crowdsource 














