Open Innovation with Customers: Crowdsourcing and Co-Creation at Threadless
10 Pages Posted: 7 Oct 2010
Date Written: October 5, 2010
Threadless’ product is rather simple: A graphic t-shirt. But the company has become one of textbook examples and pioneers of customer co-creation – open innovation with customers. The Chicago-based start-up, founded in 2001, created a unique infrastructure for deep involvement of customers and external experts in the new product development process. It has become the role-model for many entrepreneurs in the field. This paper describes how Threadless “crowdsourcing” approach works and what the factors of its success are. The paper also comments briefly on idea to transfer the Threadless model onto other industries.
Keywords: Open Innovation, Threadless, Crowdsourcing, Oo-creation, Mass Customization, Innovation
JEL Classification: M13, M31
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