Almost every brand has some form of a logo. In fact, for 75% of consumers, it's the most recognizable aspect of a brand's identity.
So it's no wonder that even some small businesses pay upwards of $500 for their logo. For more prominent brands, this figure is even more lucrative. For example, Business Insider reports BP spent over 200 million on its logo redesign in 2008.
The bottom line: selling logos can be a profitable business for new logo designers and seasoned pros alike.
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