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The Idea Bounty Blog

Crowdsourcing To Buy A Beer Company

by Daniel Neville on 2010/02/05

A couple of weeks ago I stumbled across probably one of the most ambitious crowdsourcing projects I have seen so far. Two ad agencies, The Ad Store & Forza Migliozzi, have joined forces to try and bring together a crowd in order to raise $300 million to by the American beer company Pabst Brewing Co

Pabst Brewing Co.
 
Apparently the ownership of the brewery was passed over to a non profit organisation when its owner passes away last year. This is, according to American tax laws, technically not allowed (I have to admit a non profit owning a for profit company is a bit strange) so they are currently looking for a buyer. This is where buyabeercompany.com steps into the picture...  
 
Buyabeercompany.com
 
The concept is simple. Fans of the Pabst Brewing company (you have to be of legal age) can go to the website and pledge between $5 and $250,000 towards the acquisition of the company. You don’t actually give money until they reach their goal of $300 million - they currently still have just over $116 million to go.  If the sale goes through, you will receive a certificate "suitable for framing" which is nice as well as "enough beer to match their pledge" - I wonder how they are going to work that one out! 
 
The site gives four different pledge levels to choose from, right from the $5 "Bottle Membership" to the $250,000 "BrewMeister" pledge. The site is very skint on details of how this will actually work if the sales go though but one would imagine the more you have pledged the higher level of influence you will have in the managing of the company. 
 
Pledge Count
 
As you can see the project seems to have taken off very well and there has already been over $250 million pledged making it a real possibility that the 165 year old brewery (the third largest in the US) will become community owned - this is definitely something we will be keeping an eye on! 
 
If you are interested there is a very interesting interview with Brian Flatow the head of the Ad Store on his involvement in the project here

Stopmotion Wednesday - Strawberry Swing

by Daniel Neville on 2010/02/03

The music industry has changed considerably over the last few years, not only has the internet enabled the rapid rise of music piracy but it has also made it easier for bands/artists to get their music out there and heard by more people than would have been possible five years ago. 

All of this has made it even more important for artists to reach out to fans and market their wares (increasingly concert tickets and merchandise rather than the actual music) One of the trends I have noticed is the leading role music videos have taken in this process. Strawberry Swing by Coldplay is a very good example  - the video has managed to grab the attention of fans and non fans alike. Now I dont think Coldplay have much trouble in selling their wears but this has not stopped them from proving how effective the music video can be in acquiring new fans and selling stuff to them. 

Coldplay have done some awesome things with their music videos in the past - one that leaps to mind is the video for Life In Technicolor II which (unexpectedly) rendered the band members as puppets. Strawberry Swing picks up on the increasing trend of making use of the stopmotion animation technique that we are seeing more and more of in short films and ads. In my opinion the video pushes the creativity of the medium to new levels... for example the Strawberry Swing video almost exclusively makes use of chalk to bring the story to life, and with amazing results. 
 
Personally I love the way the video encourages you to listen to the story been told and the images of Coldplay front man Chris Martin dressed as a super hero and fighting a giant squirrel is just brilliant. Strawberry Swing was directed by the Shynola art collective - I really hope we see more work from them in the future. 

Crowdsourcing: Digging Deeper

by Grant Silverstone on 2010/02/01

The topic of crowdsourcing is still relatively new to me, and in order to understand it a bit better I really wanted to aggregate all the knowledge about crowdsourcing across the web. So last week I wrote a Friday Fact Box on crowdsourcing, where I analyzed the extent to which crowdsourcing has become a viable tool in a brands arsenal - once more I was interested to find out where crowdsourcing was being applied across various market categories. To do this I decided to focus a PBworks Wiki which has a comprehensive list of crowdsourcing examples.

For today’s post I am going to extract some of the graphs I created for this analysis and provide examples of businesses, websites and initiatives who are applying crowdsourcing.
 
Individual Businesses and Websites that use Crowdsourcing:
 
Businesses who apply crowdsourcing
 
As you can see, ‘general business’ makes up the largest industry which has used, and continues to use, crowdsourcing. Out of the 141 listed companies/sponsors there are 61 which fit into this general category. Now obviously this is vague; I mean anything can really fit into a ‘general business’ category, so let me provide some cool examples.
 
General Business
 
Elastic Lab (USA) 
This platform is focused on advertising and video production and is targeted towards all filmmakers (amateurs or professionals), students, directors, bloggers, vloggers and all those alike.
 
Freerisk (USA) 
Freerisk is a project with the goal of making freely available the data, algorithms and tools necessary to perform financial modeling.
 
Colspark (USA)
Colspark is a platform that brings companies and students together that are interested in sales, marketing and advertising. Students suggest fresh ideas and solutions to real-world problems, differentiating themselves to potential employers who can tap into their fresh and creative minds.
 
JuJups (Singapore/USA) 
JuJups is a personalized gift platform where users can personalize mugs, frames, watches and t-shirts (to name a few!).
 
Design & Creative 
 
Design and creative make up 15% of crowdsourced initiatives that are active. Here are a couple of great examples:
 
99 Designs (Australia) 
 
Genius Rocket (USA/Global) 
 
CrowdSpring (USA) 
 
With all of the above examples the idea is that thousands of designers compete to create the best possible design for a client’s needs. Designs range from logos, web pages, print, graphic and merchandise.
 
Bon Bon Kakku (Finland) 
This is a net store where a user can design fabrics. If the design is a success – based on the votes of the user - it will be sold on the site. 
 
Pim Tim (Holland) 
Like the above sites, Pim Tim allows creatives to design for a range of business needs, including graphics, banners, badges, stickers, ads etc!
 
Fashion 
 
There are many platforms dedicated towards the fashion world – here are some really creative, inspiring and funky examples:
 
Catwalk Genius (Ireland) 
This is a straight-forward online fashion store and crowd-funding site. Users can buy directly from designers, get educated on fashion as well as support the industry by backing young designers.
 
Dream Heels (USA/Global) 
This is an online community where shoe lovers come together to create, buy, and talk about printed high heels and pumps.
 
Cameesa (USA) 
A crowdsourced t-shirt platform along the lines of Threadless. 
 
Like Dream Heels, this open source footwear website allows anyone to design a cool shoe. Once the design is submitted, it gets put forward to the public domain that ‘edit’ the design (either drawing inspiration from parts of it or simply taking the whole thing) before it is put to a vote to determine whether it is a winner or not.
 
Zazzle (USA) 
This is a cool on-demand retail platform for consumers and major brands, offering billions of retail quality, one-of-a-kind products. Customisable products range from t-shirts, shoes, bags mugs, postage, cards etc. 
 
This platform allows anyone to create high quality products from patterns submitted and chosen by the brand’s audience. Like others, the success of the design is determined by a voting system. 
 
Big Brand Players
 
Big Brands - Crowdsourcing
 
There are a few hundred examples and I could go on forever… To avoid making this the longest post in the history of the Idea Bounty blog, let me end off by providing examples of big brand players who have embraced the power of crowdsourcing.
 
BMW used crowdsourcing to innovate on and improve their telematics, online services and driver assistance systems.
 
In the spirit of democracy, anyone is invited to throw around ideas to help Mountain Dew create a new flavor for their soft-drink range.
 
Here, your average Joe can become an engineer (if they have the skills of course!) by sharing and voting on future concepts and designs for the Nokia brand.
 
Lego have created an International LEGO Users Group Network, which is a global community of LEGO enthusiasts. There are forums, web pages, and services.
 
Users can get stuck in with online “brainstorm” sessions to share ideas and collaborate with one another and Dell. This is for new product and service development.
 

Quirky’s Crowdsourced JUS Currently on Pre-sale

by Mari Basson on 2010/01/29

Crowdsourcing platform Quirky just released JUS, a press and squeeze juicer mounted on a carafe or cup. Just press and squeeze a half orange over the juicing top and voila - the juice is gathered in a jug or cup; ready to be drunk or stored – easy enough for even a kid to use. The JUS is currently available on pre-sale. The crowdsourced design is made of dishwasher safe acrylic with stylish wraparound grips. Each set includes a carafe and a cup, 2 matching lids, and a juicing top.
 
The JUS 1
The JUS 2
The JUS 3
 
The JUS is an excellent example of the kind of products that Quirky plans to produce; simple, practical, innovative and driven by the crowd. If you’re not down with Quirky yet, check out this video:

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