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LogoTrader is an online community where businesses can host their own contest in order to finally get the design they've been hoping for. LogoTrader makes it possible for business-owners to receive loads of different entries for a very low price at a very short timeframe.
10 Reasons why to choose Logotrader
At Logotrader you can launch a contest for anything that is required for a business such as professional logo, modern website, banners, flyers, business cards and even a unique brandname
Logotrader can get you an ideal design for your business in just 7 days
After the design is being completed, it absolutely becomes your own property and you can possess the ownership upon it
You can also launch a contest anytime you want it, as it functions 24/7
You can get the entries daily including weekends
There is no need for approaching various companies for the quotation and you can absolutely determine the rate
Personal control panel is offered with various possibilities
The invoices are available online and they can be downloaded
Logotrader offers Money Back guarantee
HOW DOES IT WORK
HOW DOES IT WORK?
Here follows the brief description of various phases which explains the contest course.
PHASE 1: Launching a contest
It is very simple to launch a contest on Logotrader. Here are some simple steps for launching a contest:
Step 1: Project Description:
The launching page will give the designers an idea of what you are looking for such as description, keywords, colors, etc.
Step 2: Customer Information:
Here you need to enter your contactinformation
Step 3: Award Determination and Options:
Choose your rate. In general the more you pay, the more you attract designers and also get more entries.
Step 4: Payment:
The project becomes live once the payment is done successfully. You can download your invoice immediately after it. Note: the amount you paid will be placed in an escrow account which is a kind of intermediate station. By this method, the designers can be confident about getting their money after you picked a winner and it also can be used for a refund (money back garantuee).
PHASE 2: During the contest
The contest actually lasts for 7 days. Try to motivate the designers by answering their questions, give comments and feedback. The more you cooperate with the contest the better the result will be. Not satisfied after 7 days? No problem: we will prolonge the contest with 7 days for free (one time).
PHASE 3: There is a Winner
During the 7 days contests, it is possible to choose one or more winners. If a winner is chosen the project status will change to “Judgement mode”. From that point only the winner can add more entries (or adjustements) till you are fully satisfied. The judgement mode continues for 7 days max. For file delivery see next slide.
PHASE 4: File Delivery
After you choose a winner an automatic email notification is sent to that winner contains instructions for uploading files in a compressed format. The file can then be downloaded by you and checked if it needs your requirement. If you are fully satisfied with the files you have to click on the approve-link so that the award will be added immediately to the winner’s account. The contest status will change to “Completed”.
Choose which contest you want to work on and earn money easily
More chances to earn money as contest lasts only for 7 days AND clients can appoint more winners per contest (Bronze - Silver - Gold)
You can work from anywhere at anytime on open contests
No commission for designers
You can build up your own portfolio and use it as a reference
Logotrader has a unique outsourcing system which you allow to help your fellow logo designers in creating new concepts at a nominal or low price
You have a personal control panel (full of usefull features)
You can give your valuable suggestions in Idea box, for making the Logotrader perform better.
HOW DOES IT WORK
HOW DOES IT WORK?
You can submit entries on all contests without any limitation. Every contest lasts for 7 days, and the client must pick a winner (or winners) within this timeperiod. After that the status of that contest will change to “judgement mode” automatically and if you're the lucky one then you will still be able to communicate to the client and upload adjustements as requested by the client.
What about the award?
During the contest or judgement mode, customer can select a winner. The client also has the opportunity of pointing another winner in second and also third place. If there are more than one winners then the award will be divided among the winners. For example: If client only picked 1 winner, then that designer will get the full 100% of the award, but if there are three winners, then the 1st winner gets 70%, second winner 20% and the third winner 10%. Only the 'Golden' winner has to upload his files.
I`M THE WINNER - WHAT NOW?
I`M THE WINNER - WHAT NOW?
As a winner, you get the notification instantly through email stating that the customer has chosen you as a winner. Then you will have to upload the files in compressed format and send it. Sometimes the client will ask you to do some minor adjustements, therefore you may need to upload the files a few times until the client is satisfied. Once the client approved your design/idea, then your balance will be updated immediately and now you can request for your payment.
Every project on Logotrader is paid in advance by the customers. The award amount is placed in an escrow account which is a kind of intermediate station. By this method, you can be confident about getting your money after you have been chosen as a winner.
ACTION: First 100 designers will receive 30€ in their balancesheet !