31 May
2006
Wired 14.06: The Rise of Crowdsourcing:
Wired writes about the rise of Crowdsourcing – which seems to be just a fancy way of summarising the network effect on niche markets.
"They were on a tight budget, so I charged them my nonprofit rate," says Harmel, who works out of a cozy but crowded office in the back of the house he shares with his wife and stepson. He offered the museum a generous discount: $100 to $150 per photograph. "That's about half of what a corporate client would pay," he says. Menashe was interested in about four shots, so for Harmel, this could be a sale worth $600.
After several weeks of back-and-forth, Menashe emailed Harmel to say that, regretfully, the deal was off. "I discovered a stock photo site called iStockphoto," she wrote, "which has images at very affordable prices." That was an understatement. The same day, Menashe licensed 56 pictures through iStockphoto – for about $1 each.
Why would someone pay me $200 for a photo when they can get one that's pretty much similar for a dollar? If your needs aren't exacting, why do you need to pay a professional?
People pay for a photographer to capture a certain something – an event such as a wedding that will never be repeated, a moment in time when a family comes together for a portrait, a product for a sales brochure, a building for a portfolio. Stock as we know it may not be fully dead – but it needs to evolve before long, or it will be.
Ventus
24 Aug 2006
Hello,
in the same concept, look at this website that I’ve just noticed http://cecrowdsourcing.blogspot.com/ This is a further step on the crowdsourcing as it aims to design and sale electronic products for the first time (it’s hardware development and not software for this time). The company’s name is Logoden. It looks promising but it’s just started. I’d recommand you to join this community, who knows it can work and you can potentially earn money.