Rebranding On A Budget With Logojoy • Homely Economics (2024)

Choosing branding for a small business can be a nightmare. Large companies have huge budgets to throw at their marketing and branding departments, but when you’re a one-person band, you can feel under pressure to do it all yourself.

I know, because I’ve been there!

This blog isn’t the first business I’ve run, so creating logos is something I’ve come across before.

I’ve always gone down the DIY route, not out of pride, but out of necessity; in the past I never had enough money spare to hire anyone to create a logo, so I had to do it myself. Now, you might think that I’d find it easy, as I’m an artist, but it’s not that simple. I’m a painter and sculptor, but not a graphic designer!

That’s why when I had the opportunity to write a Logojoy review, I was over the moon (I received my premium package for free for the purpose of reviewing it).

Here’s a Logojoy review for my blog’s rebrand.

You see, I’ve been looking to rebrand Homely Economics for some time now. It’s been sorely needed, and I’ve spent several months thinking about it, with a little tinkering here and there. I wanted to update my logo to use on some new business cards, but I just couldn’t bring myself to commit to my designs.

They just weren’t good enough, and I knew it.

Here’s how I used Logojoy to create a my new logo, and some tips for creating a logo that you’ll love.

The logo creation process

Getting started is remarkably simple –

  • Input your business name
  • Choose 5 designs you like
  • Choose colours
  • Choose slogan (I didn’t have one and my home page title was too long)
  • Search for icons

Once you put it all together you can start scrolling through automatically generated designs, and preview your designs.

A word of caution – the preview of the chosen logo is a bit stunning! The mockup of print materials is sure to entice you, so make sure you create and save a few different designs to compare to each other before making your final choice.

Limitations

Logojoy’s software works on a combination of elements: a bit of text, an icon, a frame and a slogan.

Because the logos are built using AI, these elements don’t overlap. Therefore, if you’re hoping to make your text and icon elements merge (like I originally wanted to turn my “H” into a wee house by putting a roof over it) then you’d be looking to pay for the human element of that type of work.

Logojoy’s AI is the middle ground before the higher end of a full graphic design service (although you can pay for an hour’s service with the Enterprise package as shown below). Therefore, not every logo generated will be as good as the best possible combinations – you’ll have to be patient and look through several combinations to choose from the best.

Fortunately, you can do just that before having to pay for anything!

Something else to bear in mind – trying to incorporate too many elements into a logo can make it illegible and wreck it. (See my own logo history below for living proof!) Sometimes, a text logo is all that’s needed. Don’t try to use every single thing you can just because it’s there.

Building my own logo

I decided to try different combinations, but hit a snag: I started to love one of the designs, mostly because of the font. I had to know what the font was, and whether I would get tired of it if it was all over my site. I used a reverse lookup tool to find the font (there’s no telling on Logojoy’s site until you’ve purchased) and how much it would cost.

Wonder BigLove Regular would cost me $15 and BookWorm, an alternative font, would cost me £9.99.

So I realised that even if I didn’t use the logo creation software, and wanted to do the work all on my own, I’d have to pay for the font license anyway. That’s a good thing, as it creates some exclusivity. I mean, Google Fonts are great (and free, which is great), but I’ve seen Architect’s Daughter used on so many other blogs that I’ve definitely come to appreciate the value of something a bit more… rare.

Apart from paying for the font license, I’d then have to spend a fair amount of time creating the transparencies, vectors and colour variations, and frankly, I’ve done this enough to realise that I’m not a graphic designer, and I don’t have unlimited time to pour into something that could be done more quickly and more professionally by someone else.

Pricing

Let’s get down to business. How much is it going to cost, and is it worth it?

Logojoy has three packages:

  1. Basic – $20
  2. Premium – $65
  3. Enterprise – $165

With the basic package, you receive a low resolution logo. That’s it.

The next step up throws in absolutely everything you need – high resolution logo, vector, eps, svg files, transparent and black and white versions, brand guidlines (which are amazing) your font names and colours so that you can replicate your branding elsewhere… and of course, full copyright ownership.

So should you choose the cheapest option? Well, no.

Why not?

It would be false economy to spend $20 on a logo that didn’t come with copyright ownership… the basic package isn’t an option I’d recommend. That really isn’t worth it – you need so much more to be able to use your logo across your website and print media. Otherwise, you’d definitely regret it straight away.

The enterprise package wouldn’t have been good value for me, although it includes a social media kit, which was tempting.

What I did was to take my downloaded files and create my own favicon and social media headers… I still love a bit of DIY!

So why did I decide to go with my Logojoy logo? It’s simple – and it works. Also, the logo creation software allowed me to create multiple versions for free before comparing and narrowing down my choice. That was a crucial point for me.

Branding – it goes deeper than a logo

I didn’t know exactly what I wanted, but I knew what I wanted it to be: clean, upmarket and elegant. And I know that branding goes far deeper than a logo on its own (but a great logo is essential!)

I don’t see myself as especially elegant, but I’m always trying to be… and I’ve learned that marketing is about aspiration. Why should anyone visit my site and read my advice if I told them that I was a scruffy mess and didn’t have a clue what I was doing?

Rebranding On A Budget With Logojoy • Homely Economics (1)

If you need a new logo but find the cost of a full graphic design service prohibitive, I definitely recommend trying Logojoy.

Over to you…

Have you tried this service? Or are you a committed DIYer?

Rebranding On A Budget With Logojoy • Homely Economics (2024)

FAQs

What is an example of a rebranding budget? ›

For example, if your annual revenues are $15M and your marketing budget is $750K, you can expect your rebranding costs in the range of $75,000 to $150,000 to overhaul your company's brand.

What is the average cost of rebranding? ›

Design Costs
Redesign ProjectEstimated Cost Range
Logo design$250 – $2500+ (depending on the quality)
Stationery and business cards$50 – $2000+ (depending on the number of items)
Website$1000 – $100000 (depending on the number of pages)
Marketing collateral (brochures, banners, etc.)$500 – $3000 (depending on the items)

Why do companies pay so much for logos? ›

Level of Expertise in Logo Design

The logo designer must possess a keen eye for composition as well as be a conceptual thinker and typographer to create a unique and compelling brand mark. Inexperienced designers can come cheap but will likely struggle and fail to create a compelling logo that you can trademark.

How much should a beginner graphic designer charge for a logo? ›

So, typically, how much to charge for logo design beginner? From our experience, we can say that you should charge $50 to $150 for a simple logo as a beginner. But for more complex designs, you should charge anywhere from $300 to $500 or more.

What are the three types of rebranding? ›

Types of rebranding
  • Brand merger. A brand merger, also known as brand consolidation or brand integration, occurs when two or more separate brands or companies combine into a single entity under a new or existing brand identity. ...
  • Brand refresh. ...
  • Full rebranding.
Sep 13, 2023

How much does rebranding a small business cost? ›

The average cost to rebrand a small business is 2-5% of annual revenue. Many established businesses will invest more to refresh brand image if it improves profits and gives them an advantage over competitors.

How much should I charge for logo branding? ›

The cost of a logo design can range from $0 to tens of thousands of dollars, but if you're a small business or startup looking for quality design, a good logo design should cost between $300-$1300. Logo design prices can vary. For instance, the price of a logo design depends on its quality and who created it.

What is included in a rebranding package? ›

Branding packages are typically a one-time investment. The firm or designer you hire will hand over a branding kit that includes all the branding elements and materials you requested—like logos, fonts, messaging, and colors—that you can then use in your marketing campaigns.

How often should a small business rebrand? ›

Due to the vagrancies of the market, the shifting priorities of customers, and a million other worldly forces beyond the control of any company, a brand is only fresh and relevant for five to ten years. That's why rebranding is so important to the success of any business.

Is it worth paying for a logo design? ›

They are unique, memorable, and effective across various applications. A well-designed logo communicates professionalism, trustworthiness, and credibility to customers. Investing in an expensive logo design can enhance a company's brand perception and set it apart from competitors with generic or amateurish logos.

Why do companies keep oversimplifying their logos? ›

Benefits of Logo Simplification

They require fewer graphics resources which can help reduce overall costs associated with branding projects. Oversimplified logos tend to be easier to remember due to their simple yet iconic designs, making them highly recognizable by consumers.

How much money do logos and branding campaigns cost? ›

A complete branding campaign typically costs between $11,000 and $70,000, depending on your required marketing collateral. Here's a sample quotation: Brand Identity - $1,000 - $5,000+

How to calculate logo price? ›

Graphic designers tend to estimate logo designs based on how many hours they are planning to spend to sketch and draw the logo. They calculate the price based on colors, complexity, areas of application and additional assets.

How much does a freelance logo design cost? ›

Logo Design Prices

But more often than not, you can expect the cost of professional logo design services to fall somewhere between $500 and $5,000. Below are some typical price ranges for different types of logo design services: DIY Route or Online Logo Maker: $0 to $200. Freelancing Platform: $150 to $500.

How much should I charge for a logo design in 2024? ›

A fresh logo can cost you anywhere from $250 to $2,500, depending on the skill and experience level of the designer. Freelance designers also charge their hourly rates at Dribble, ranging from $15 to $200 per hour. The hourly rates at Fiverr usually range from $35-$100. Upwork rates are between $10 and $200 per hour.

How do you budget for branding? ›

  1. 1 Assess your current situation. ...
  2. 2 Define your brand objectives. ...
  3. 3 Choose your brand activities. ...
  4. 4 Estimate your expenses. ...
  5. 5 Allocate your funds. ...
  6. 6 Monitor and adjust your budget. ...
  7. 7 Here's what else to consider.
Aug 11, 2023

What is an example of rebranding? ›

LEGO. The rebranding of LEGO was so successful it has been called the most significant turnaround in corporate history. The famous toy company, now nearly 90 years running, had at one time grown stale and outdated.

How do I create a rebranding plan? ›

6 Steps to a Complete Rebranding Strategy
  1. Go back to your brand vision. ...
  2. Think about your brand purpose. ...
  3. Focus on your target audience. ...
  4. Think about the content that will follow your brand vision. ...
  5. Choose the feelings you'd like your new branding to evoke. ...
  6. Complete your rebranding checklist.
Feb 8, 2023

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