How much should you pay for a logo?
The answer is not as simple as your check book might tell you. Because while a talented designer can whip something up in no time, it is important to remember that a logo will give a first and last impression of what you want your publics to think about you!
Does it reflect your purpose? Does it reflect your organization’s personality? Will it appeal to the characteristics of the specific target market you are appealing to, and your donor audiences?
I recently read an article titled, ‘Do you REALLY want a logo that only costs $100?’ by MarketingProfs. The article made the argument that “A good logo requires substantial effort: Research, brainstorming, sketches, four or five options and final tweaking. With a $100 budget, meanwhile, it’s likely the designer will produce something generic, and even resort to non-proprietary clip art that could easily appear in other logos.”
My immediate reaction was,’ Hey! We only charge $100.’ But it’s true! I couldn’t agree more with the article. You have to spend money in the beginning or pay for it, literally, down the line with redesign and rebranding - which also affects your audiences!
Although our company is not like a logo-mill who produces clip-artish logos that are pre-made and cookie-cutter, the point is that organizations need to make sure their logo is well thought through, researched, and includes more than one designer in the process.
My designer and I go through a process of brain storming ideas of the kind of designs that would motivate someone, or make a lasting impression - and certainly reflect an organization’s purpose. FREE International (Under Design Examples at http://www.nonprofit-expressions.com/portfolio.html), for example, was a logo that - yes - only cost $100, but my designer and I went through many drafts before we finally found something that truly reflected the characteristics needed: the innocence of young women involved in modern day slavery, while still portraying their captivity. By standing hand-in-hand we are given a sense of power and passion.
But FREE International is one organization who knows their audience. We went through detailed conversations with Director Mike Bartel in order to find a design that suited them. In cases where organizations need more research and and analysis to understand their target, I would suggest a Situation Analysis before even thinking about starting on a logo!
Of course there are other factors that might affect how much you pay for a logo, like the size of your budget or the size of your audience. If you are a small food bank you might use something more cookie cutter, versus a corporation with plans to go public within the next year.
