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Published byDerrick King Modified over 6 years ago
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Who am I? Social Strategist MBA in Design Management
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Employing customers for fun and profit Or Designing For Co-Creation
I won’t condescend to read this out to you, I’m sure everyone here speaks LOL What I’m going to cover today is the idea that the structure of how businesses create value is changing in such a way that customers can now become integral to that process. And I don’t’ mean by just buying your product.
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How Companies Think About Consumers
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Consumer Theory: A gullet whose only purpose in life is to gulp products and crap cash
Proudly stolen from the Cluetrain Manifesto
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Companies tend to focus on one motivation, to purchase
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Creative, messy Creative
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Empowered http://www.flickr.com/photos/passiveaggressive/911474278/
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Connected
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Be very quiet, I’m hunting consumers
How do we participate in this new world We are still addicted to target market thinking and thinking we’re somehow on an opposing team to the consumer, trying to figure out when to pownce on them, inerupt them with your message as seth godin would say. Target market is like saying, those are the ones I want to pick off because they are susceptible to whatever proposition I’m going to make, a hang over of mas market thinking Be very quiet, I’m hunting consumers
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What looked homogeneous at a distance is group of unique individuals
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Who is the new consumer? Via. Trendwatching.com
Maybe there is no such thing as the new consumer Via. Trendwatching.com
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We’ll make it viral Add some web 2.0
Weak response to an amazing opportunity, an opportunity to create something amazing, to participate in the creation of something amazing.
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Isn’t this just an internet thing?
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Changing the role of consumers and changing business models: IKEA
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Employing your customers
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Companies as network of value creating activities
“What is Strategy” (Porter, 1996), Harvard Business Review
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Hidden Value X 2.3 Million Subscribers = 345 Million Movie Ratings
June 2005, when Walmart gave up Still a simple and basic example of co-creation or employing your customer Hidden Value
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Beyond Reviews, Examples of Real Co-Creation
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2000 for $500 $6.5 Million by ‘06 11 Employees Threadless
Started in 2000 for $500 By 2005 had 6.5M+ in revenue (18M by 06 and 25-30M) 5 FT employees and 6 part time Threadless Figures courtesy of Business Week
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Customers do: Research Product Development Design Portolio Management Market Sizing Merchandising Marketing Advertising Threadless does: Prints T-Shirts Business Development/Partnerships Runs ecommerce infrastructure Runs community infrastructure
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Thx http://uservoice.com
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How do you employ your customers?
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30 Open Positions Per Year
36,000 Resumes From podcast interview with of John Winsor
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Usability not a motivator
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Hierarchy of Customer Interaction
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Culture: “The Way We Do Things”
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Making it happen Make it easy to join in Make it easy to get better Reward the right behaviors Recognize top performers Provide increasingly more rewarding things to do Provide rich feedback
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Vote Comment Create slogans Add designs Make it easy to join in
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Reward the right behaviors
User generated review site Passionate community
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Recognize top performers
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Provide rich feedback
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Experiment Fail Learn In the end I have covered some reallly big ideas that challenge the current structure of businesses, but I hope there are some practical ideas you can take away from this about how you can employ your customers. In the end the best way to learn about how amazing your customers are (believe me some of them are amazing), you have to participate with them in the media where they are doing this, you have to do it too, and you will understand. Start a blog, get your pictures on flickr, start talking to the more minor influencers in what ever blogosphere your company plays in (and it may play in many). In the end we are all served by beoming more like anthropologists of our customers, see what they do, where they talk and join in.
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Getting started with the anthropolists view of Youtube
Best 55 minute youtube video ever
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Essays on Culture and Lolcats
The Cluetrain Manifesto: The End Of Business As Usual by Levine, Locke, Searls & Weinberger 1999 Co-opting Customer Competence by C.K. Prahalad and Venkatram Ramaswamy 2000 The Future of Competition: Co-Creating Unique Value With Customers By C. K. Prahalad, Venkat Ramaswamy 2004 SPARK: Be More Innovative Through Co-Creation By John Winsor 2005 Here Comes Everybody: The Power of Organizing Without Organizations By Clay Shirky 2008 You can find me here: - Social Media & Marketing Strategy - The Daily T-Shirt Blog Essays on Culture and Lolcats - I can haz grammer by Anil Dash
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