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HGTV exec: Crowdsourcing essential for targeting consumers

document Crowd Creativity, Crowdfunding, Distributed Knowledge
Summary A Boston HGTV executive at DMA:2011 said crowdsourcing is an essential tool for direct and mobile marketers to gain insight and better target consumers.
Description
According to Chris Pitre, a social marketing strategist, there are four types of crowdsourcing.

There is crowd creation, which is very popular and includes flash mobs and a lot of art movement.

There is also crowd funding, which is used a lot in social businesses and companies use it to impact change.

Finally, crowd voting and crowd wisdom is when marketers go into a crowd and ask them questions and get answers in a quick and efficient manner.

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