Tag Archives: community

Live Polls with Crowds at Events

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Having been part of several events the last few months via Crowd Product, we’ve learnt crowds love been part of snap polls. I would recommend event organisers to keep their audiences engaged with polls and other compelling engagement option. However what I find even more exciting is the learnings from poll results.

eduthon17-coverHere I’m sharing with you some of the polls we had taken during recent events and their results. At the recently held TiE Bangalore’s EduThon 2017 event – where startups and ecosystem enablers shared their inputs on a set of questions.

Poll1-Eduthon

IOT India Congress Poll Results (Sample Size: 144 at IOT India Congress 2017)

PollQs-DailyShots

Q1 Which of these Industry 4.0 areas would you like to learn more about?
Additive Manufacturing 25.00%, Distributed Manufacturing 25.00%, Next Shoring 10.71%, Virtual Manufacturing 39.29%

Q2 Which of these areas of your living you feel more startups need to be in?
Smart Retail 6.90% Smart Homes 31.03% Smart Mobility 13.79% Smart Governance 48.28%

Q3 What are the challenges of IoT in the Telecom Sector?
Security 22.22%, Network Connectivity 55.56%, Standards 22.22%

Q4 Which of these sectors will help India leapfrog in 2018?
AgriTech 22.73%, HealthTech 18.18%, Robotics 22.73%, Digital Payments 36.36%

In the coming days and months, based on the crowd engagement, we will be sharing more learnings from our crowd engagement at events.

Bringing to you the ‘Era of Trust Economy’

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Image credit: learnersonline.comThe sharing economy – where businesses leverage the use of available resources optimally through technology and by reducing wastage of resources, has been evolving constantly. These not-as-usual-businesses include, taxi-sharing startups like Uber, home/room rental companies like Airbnb as well as the many e-commerce marketplaces and crowdsourcing platforms available.
In a recent post I’d come across, it became clear that the ‘Trust economy’ is where we are headed to. Trust economy as defined by the article:

Allows individuals to provide a service, often at a cheaper rate than the standard market price, which is accessible to a large network of users through a branded platform, which acts as a vehicle for collective trust and accountability.
All models depends on trusting a virtual stranger to do what they promise, hence why it has been called the ‘trust economy’.

Startups fitting such a criteria have been disruptive, especially of the traditional players, and in effect have given consumers more value. Here’s what consumers have gained from this trust economy:

  • More cost-effective solutions due to service-offerings being on-demand
  • A sense of belonging as consumers too can become providers of such services
  • Technology here has enabled direct engagement with the end service provider
  • Digital profiles and reviews have facilitated easy validations of service providers
  • More personalised experiences, with service providers turning disruptive players

Another major deliverable of the ‘Trust Economy’ that the technology-led ecosystem has enabled one to become more ‘creative’ in their businesses and solution-finding general. All one needs to do is increase their ‘reputation capital’.

Personally, I see the growth of the ‘Trust Economy’ essential to a community’s success – as it has the ability to transform mindsets and provides more room for innovative solutions to meet challenges.

Interested in the ‘Crowd, Sharing & Trust’ economies? Join me and several others at the following flagship startup conferences in Bangalore this month:
NASSCOM Product Conclave
YourStory’s TechSparks