Make money designing logos for other people and businesses. This is a rare opportunity for the market is allowed to dictate the amount a website owner pays for the logo design.
Online business or any business owner has to brand their website. The importance of branding a website is of great importance. If you are a freelance logo designer, you will have so much design to create as thousands of websites are made everyday. The situation benefits everyone: you are making money and the website is getting a reasonably-priced logo.
Here is how it works. Logo Tournament gathers freelance logo designers and business owners looking to brand their website for an economical price. Most businesses don't know who or where to go to for their logo designing needs..
Logo Tournament assists the business to register without any fee and post its specific design requirements. They also determine maximum price they are willing to pay for the logo. The amount paid will by far commensurate the hours spend in designing the logo themselves..
A freelance logo designer will have a pretty good idea on how much to charge before accepting the project. You should know exactly what the payouts are before you take the project. You discuss with the business owner your ideas and what you plan on doing. Other designers will not plagiarize your concepts for a good privacy controls in place.
It is a natural process to bid for work along with the competition, but you are not bidding on the price but with your idea. The business owner will go over the ideas presented and decides whom to award the project. Once selected, you can just send your logo online and collect payment through PayPal. This is a very simple way to make money designing logos.
Just how much money you will make depend on:
How good are your designs?
How good are you with design software?
How fast can you crank logos out?
By browsing through Logo Tournament website, you will find that many designers are able to sell 25 or more logos for at least $250 each. This is the minimum payment for a logo. When you design 100 logos at $250, you will earn about $25,000.
LogoTournament has to earn too; so they charge 15% of the final price of the logo as their commission and nothing more. Payments are given when you successfully receive compensation for the work completed.