Logo My Way is a website that runs reverse auctions for Logo designs. Getting a good logo can be quite difficult. Most of your time developing a logo in a company will be wasted with irrelevant meetings trying to justify the symbolic meaning of the chosen color.
On logomyway.com you submit the name of your business and other basic information about the nature of your work. You set a prize amount and designers are notified.
The businesses can then see all the entry’s and select a winner. This is a really great idea because it gives you access to a huge pool of talent for minimal cost.
This business model allows design work to be distributed to the crowd, cutting cost and decreasing time.
Advertisement
