Modern Logo Design UK
Modern logo design helps to update your brand
as per the recent market trends.
as per the recent market trends.
How many times have you wondered "Do I think I need a nice logo for my business?" After this need, the first thing you think about is how much it can cost to design a logo. Certainly nowadays the cost of any of our professional expenses is measurable. What the Greek businessman usually forgets is the return on his every investment. The first thoughts are of the type "I do not think it is worth the money!" After 15 years in advertising and marketing, I can say that the professional approach to branding is rewarding and even excellent!
To give a numerical example of the benefits of getting a strong business logo, we will assume that we have a business that has a revenue of one million euros. In the end we will be able to measure the ROI (return on investment) from this business. Brand recognition The more a logo is "imposed" on the daily life of the consumer, the stronger the relationship is created with the product or service that represents the logo, resulting in the consumer being led to his market. Logos that are not so recognizable because the promotion of the brand has not been invested, is so far from the positive financial result. Result: A typical marketing budget is 7%. In our example it is 70,000 euros for our 1cm business. If you can save just 1% of the logo recognition, this will result in you earning € 10,000 as a profit (per year). Added value of the product or service As much as we try not to characterize a book as good because of its impressive cover, it is a fact that its external appearance is the one that will catch our attention. A brand that impresses and suggests something big has the effect of creating added value in the product itself so that you can sell the product or service at a higher value than the expected initial desire of the company. Of course this is a result of the logo (Professional Modern Logo Designers for Hire) and the branding of the company in general. Result: If for example you sell tickets and the ticket price is 100 euros and the well-designed logo can give you the opportunity to charge 2% more (ie 2 €) then this will result in 20,000 euros more revenue (for the example of a hypothetical business). Confidence In a study conducted by the University of California on whether appearance can make a difference, the conclusion was impressive. The political science professor, Mr. Rosenberg, and his team designed two identical candidate flyers in local elections. leading figure. Result: The flyer with the "teased image" had 12% more votes resulting in the image counting. In the case of a business the above result will result in a 3% increase. So closing 3% more deals this can lead to an increase of 30,000 euros. Pride Customers who shop because they are proud of a brand are sure to discuss their market with other people, thus creating a trend for indirect return. Pride has a big impact on the staff working in the business model and results in better employee performance in their work. Result: In the case of a "proud" employee who comes earlier, tries harder, or goes to school later in an 8-hour schedule, and if that translates to 10 minutes of harder work or smarter work, it translates into a 2% increase in productivity. This means € 20,000 more revenue. Also, if a customer for every hundred, proposes to a new customer for the above reasons this means 1% more work and an increase in turnover € 10,000
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Modern Logo Design UK
Modern logo design helps to update your brand as per the recent market trends. Moreover, it impacts the minds of your audience by leaving an everlasting effect. So, why not to go for it and impress your audience right away? Are you in search of Affordable Modern Logo Design Agency in London, UK, that provides excellent logo design services? Are you looking for Professional Modern Logo Designers for Hire to uplift your brand? If the answer to the above set of questions is yes then you have landed at the right place. Yes, you have got that right. |