
As part of your branding effort you might consider an appropriate logo design. This should cost you from a few dollars to thousands depending on some factors. What are the factors that affect the price of the logo? There are quite a few factors that play a role. Normally business persons will have a hard time understanding what to pay and what they paid for after the logo is designed. Some people may think thousands of dollars paid means thelogo is the best, others may think this is too expense. Let us examine the price to feature relationship of a designedlogo.
Price is not a good criterion:
Some people feel they should pay high prices others feel they should go cheap when selecting a logo design. A logo is of great importance to the businesses. It is an important facet of the branding process of your business. The logo will be placed on all your stationary, website, promotional material, etc. The marketing persons will use it in communication it will be seen by potential clients; hence you want to make a good impression. If you spend too little you might not get a good logo. Hence, it is wise to ask for the best. Consider the cost as per number of months it will be in service. Say 10 years or 120 months find out the cost per month. This is a better way of judging the cost to benefit ratio. It will come to a few dollars a month. By using this strategy you will not get bogged by the cost. The cost does not become a big factor in logo selection.
Price related to service:
For whatever price you are pay you might want to judge the level of service you are getting. It depends on the package selected by you. Generally the provider will give you more service for a higher price, but you should always get a quote before you go ahead with the logo design. The number of designers working on your logo, number of revisions, concepts provided initially should be crystal clear for the price you pay. Certain designers give a money back guarantee. All of these considerations will affect the price of the service given when making a logo of your choice.
Design quality:
This is an important part of the designing process. It will determine what yourlogo is worth. If you pay a high price then you should get a logo of immaculate quality. To determine if you are using the right service provider who is giving you quality ask for the designers portfolio of clients and designs, testimonials from happy customers and their experience in the field. Keeping these factors in mind you will be able to judge what quality you are getting for the money you are spending.
Location of designer:
This is important as a local vendor understands the local geography in your region better; they will be able to serve you better as they understand the needs and local market. Also if you use a distant vendor outside the country and something goes wrong it will be difficult to prosecute the vendor (example a trademark infringement).
Conclusion:
These are some factors you might want to consider when designing a logo of your choice in a desired price range. Considerable time must be spent to look for a vendor who will design a logo to your specifications and needs.