Branding is incredibly important and one of the most pertinent aspects of your brand is your logo. Can you imagine where Nike would be if it did not have the swoosh? Whether you run a brick and mortar store or you want to brand your popular blog, you should get a unique logo.
Normally, hiring a custom logo designer can prove to be a pricey endeavor, but such is not the case if you go with a service like LogoMyWay.com instead. In this review, we’ll take a look at their standard logo contests, as well as a new logo marketplace that was recently launched.
Host a Design Contest
Rather than relying on a single designer with a single vision, LogoMyWay.com lets you tap into a growing community of designers. This way, you can gain access to the widest variety of options for your company logo.
This is done by hosting a custom design contest. You give the community any guidance that you would like to provide, like your company name and preferred color scheme, and you wait for them to come up with some beautiful logos for you.
Shown above are some of the recent winning logo designs. As you can see, the scope of the logos is quite varied. To ensure that you get what you want, LogoMyWay.com guarantees that you get at least 40 logo concepts. If you don’t, they’ll refund your payment, no questions asked.
How Much Does It Cost?
So, how much money do you need to put forward in order to get a custom logo design? Well, that’s partly up to you.
You need to define the “prize” amount associated with your logo contest and this prize must be somewhere between $200 and $1000. In addition to this fee, which will be awarded to the winning designer, there is a 10% administration fee and that’s where LogoMyWay.com makes its money.
If you’d like, you can also pay the $50 upgrade to launch a private contest. This way, the contest is only visible to registered members of the LogoMyWay design community and not to search engines and competitors.
Get a New Logo Right Now
Logo contests can last anywhere from five to fourteen days, but you may not want to wait that long for the designers to submit their concepts. Perhaps you’d prefer to see some ready-made logos instead. That’s where the new logo marketplace comes into play.
This is an entirely different kind of transaction. What you do is browse through the existing marketplace of logos and select the one that you would like for your company. The text is changed to your company name within 24 hours, making for a much faster process.
You don’t have to worry about everyone else getting the same logo when you use the marketplace approach. Every logo design “is rigorously approved for uniqueness, high quality, professionalism, and customizable before it’s available for sale.”
From what I can see, the going rate for a unique logo from the marketplace is $295. That’s the case with this robotic logo design, for instance, that may be appropriate for a sci-fi company of some kind.
A Professional Logo at a Reasonable Price
Your brand is one of your most valued assets and a good logo plays a very critical role. You don’t want to leave something like this to chance.
Whether you opt for a logo contest or you choose a ready-made logo from the marketplace, you are assured of its uniqueness. It might sound like a lot of money to spend $200+ on a logo, but you should view this as an investment in your company’s future.
In fact, the logo on John’s new business card was actually created by the LogoMyWay design community. There are over 5000 designers creating these unique logos, so one of them is bound to make something you like.