From the course: Running a Design Business: Pricing and Estimating

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Solution: Price this project

Solution: Price this project

From the course: Running a Design Business: Pricing and Estimating

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Solution: Price this project

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I hope that you were able to work through the Price this Challenge project. Here's a summary of what I found when I asked a group of student designers to price the project. Just to be clear, this challenge is only for educational purposes. It is definitely not an attempt to price fix or impose a monetary value on your work. It's also not a substitute for the advice you may receive from your bookkeeper, accountants, Or other financial advisers. Over the years, I've asked my design students to do this particular challenge in the classroom. The results I'm sharing with you are based on their estimates. Maybe professionals would see the project differently and price it either higher or maybe even lower. Here are the results. Phase 1: Concept Development. Those black and white thumbnails, $505. Phase 2: Design Refinements, the colour comps, would be $485. Phase 3: Finished Art for Logo, $630. Phase 4: Application Design & Production of Finished Artwork for the sign, postcard, business…

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