Social Network Website for User Generated Advertising

So you need a video. Maybe it’s something for your corporate website, or you need a 30 second spot to advertise your latest product. Do you go down the traditional path of getting quotes from a half dozen local (or high end) video productions companies, or do you wish there was just a website you could go to post what you’re looking for and let people come to you?

Wouldn’t it be interesting to see what would happen if there was a social network website where companies could go to sign up and post their video project and have dozens of collaborators from around the world working together to compete to land the job?

Joe Trippi, the former campaign manager for 2004 Democratic presidential candidate Howard Dean, likes this idea so much that he has just launched an advertising-focussed social networking company at Geniusrocket.com.

GeniusRocket.com will connect creative people with the advertising world. The designers and commercial producers can compete for money. For example, people can compete to make a 30-second commercial for Geniusrocket.com using its logo and tagline — and the winner will land $5,250.
Trippi, who is also a senior advisor to Democratic presidential contender John Edwards for the 2008 presidential elections and runs a political consultancy called Trippi & Associates, is starting the company with Nicco Mele, Mike Ford Matt Gross.

What do you think? Would you post your project on a site like this? Would you rather pay bigger bucks to a reputable video production firm and be sure the job will be done right and on time rather than taking a gamble that anyone will pursue your project on GeniusRocket.com? Is this service something that will just appeal to non-profits or those organizations with smaller budgets who are willing to take a chance? What kind of quality can come out of a service like this?

Can anything good come from Bethesda, home of Geniusrocket? Bookmark Geniusrocket.com and check them out in the coming months. We’ll be watching too.

social network video advertising