1. The Power of Crowdsourcing Treadless.com Group C Christina Reyes - Jose Campinho - Hector Saracho Stefanie Coroalles- Lukas Karrer - Yuko Isomura
2. What is Threadless.com Threadless is an online community that aims to produce T-shirts featuring the work of participating artists. Timeline Started in the year 2000 with $1,000 won from an internet t-shirt design contest 2000-2002 - Jake Nickell & Jacob DeHart meet in an online design forum and begin collaborating on creating t-shirts out of the work submitted by the other artists based on their competition experience. 2003-2004 - Threadless started as proof of the founders’ ability to build e-commerce sites. It was a sideline to their website development business. 2004-2006 - The t-shirt demand outgrew the 900sf apartment they were living in and they move into 3,700sf space. By 2006, they had moved into their current 25,000sf space. 2007 - present - They have added international sales to their portfolio, growing the Threadless community.
3. Facts & Figures Started in the year 2000 There is a store for men, women, kids and babies It has over 1 Million members “Every Single Product Eventually Sells Out”1 “Threadless.comsold more than $30 million in T-shirts in 2009— with a 30 percent profit margin. Revenue growth is approximately 200 percent per year, with no help from professional designers, advertising, modeling agencies or a sales force.”1 1http://www.businessinsider.com/threadlesscom-models-customer-driven-success-2011-7#ixzz1RGjBanIj http://www.openforum.com/idea-hub/topics/technology/video/principles-of-crowdsourcing-5-ask-what-you-can-do-for-the-crowd
4. How does it work Artists & Designers submit their work via a detailed submission kit available on the website For a 7 day period, the Threadless community votes and picks the the designs they like the most The designs with the highest votes are produced by Threadless 1500 Designs compete on average per week Every couple of weeks Threadless looks at the top 300 designs and choses which ones to print based on “the design's overall score, comments, the number of "I'd Buy It!" scores, and of course, its general awesomeness.” 5$ means that the user gives the design the highest score and that he would buy it if it were printed http://www.openforum.com/idea-hub/topics/technology/video/principles-of-crowdsourcing-1-pick-the-right-crowd
5. What’s in it for the designer? Designers who are printed receive 2000 USD and 500 USD gift certificate. The gift certificate can be exchanged for additional 200 USD cash. The designer will also receive access to an exclusive alumni club Any printed design becomes eligible for an Annual Bestees Award of 20,000 USD
6. Bestees & Critiques Bestees A monthly design award The community can vote on which design is their favorite of the month. The prize for the winner is 2500 USD The winning T-shirt is reprinted Critiques A special section of the site To be used in the design’s creation process Designers can refine their designs thanks to the input from voters and other designers before submitting their final version http://www.openforum.com/idea-hub/topics/technology/video/principles-of-crowdsourcing-3-keep-it-simple-1
7. A Loves Challenge A special type of challenge launched with a sponsor. T-shirts need to be designed based on a given theme The winning T-shirt is chosen by a pannel of judges including the sponsor and Threadless staff The winning designer earns the regular Threadless prize as well as an additional prize from the sponsor.
8. UP FOR GRABS $2500 cash $250 Threadless gift certificate The chosen t-shirt signed by The Muppets and framed together with a signed photo of the Muppets. Disney Traditions will provide a $250 set of collectible statues designed by Jim Shore. Statues include Kermit the Frog, Miss Piggy, Waldorf & Statler, Animal, and Fozzie Bear. An autographed copy of the upcoming album “MUPPETS: The Green Album”.t all. And now, the Muppets are getting ready to head back to the big screen this November in their brand-new feature film, The Muppets. Use the Muppets in your design to celebrate friendship, and you could win fame and riches fit for a frog! The chosen design will be available at Threadless.
9. Threadless Causes Similar to Loves challenge This time the T-shirt has to be designed for a good cause Each cause is paired with an external organization Part of the profit is paid out to the external partner Slogan: “Changing the world, one tee at a time!” http://www.openforum.com/idea-hub/topics/technology/video/principles-of-crowdsourcing-2-pick-the-right-incentive
10. UP FOR GRABS Your design will help UNICEF advocate for the health and well being of children everywhere. $1500 cash $500Threadless gift certificate
