All these parts separately are quite expensive. Philips offers a bundle with 3 Hue lamps in it for a discounted price . Crowdsourcing Submit a task . Problem or issue to third parties and offer them compensation for providing a solution. Benefits . Crowdsourcing can increase innovation capacity and provide surprising insights. It can be a good way to co-create with future customers. Challenges: Formulate the issue Ethiopia B2B List as concretely . As possible and define the role of the crowd.
Communicate clear and transparent selection Ethiopia B2B List criteria. Choosing the right incentives to activate the crowd. Selecting the best ideas can be time consuming. Crowdsourcing example . Thread less – unique designs and insight into customer needs For Thread less, crowdsourcing is the foundation of the company. The company invites designers around the world to design T-shirts and submit them on the platform. Customers can vote for the designs they like best.
Also read: 4 common online business models & Ethiopia B2B List their key metrics . Custom Design The complete focus on tailor-made products and services. The design, production and sales are tailor-made . According to the wishes of the customer. Benefits: Align the offer better with individual customer wishes. Possibility to appeal to a group with purchasing power . Who are willing to pay more for customization. Savings on inventory costs. There is no stock of finished products . The stock of raw materials is often low. Challenges: Production is often labour-intensive and considerably more expensive.