Building on a previous post about Google Answers, two blog writers discuss a concept they’ve labeled “consumer generated contests” or “social contesting.” The basic premise being that one of your users, members, customers, etc. could start a “contest” explaining what they’d like to have happen or what they’d like to have created, put up a bit of money up front for the “winner” and invite others to contribute to the pot if they’re interested too.
This seems to have implications in content development, marketing, member/customer satisfaction, etc. Like Google Answers, it’s a matter of setting up the “engine” in which these types of things can take place – making it easier to connect people and build upon their collective wisdom and ideas.