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	<title>Comments on: Prize increased! Innovative logo for banking products!</title>
	<atom:link href="http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/feed/" rel="self" type="application/rss+xml" />
	<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/</link>
	<description>Ideas and insights for financial marketers.</description>
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		<title>By: The Financial Brand &#187; Blog Archive &#187; Dallas credit union to launch Young &#38; Free knockoff</title>
		<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/comment-page-1/#comment-2724</link>
		<dc:creator>The Financial Brand &#187; Blog Archive &#187; Dallas credit union to launch Young &#38; Free knockoff</dc:creator>
		<pubDate>Thu, 30 Jul 2009 22:12:12 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancialbrand.com/?p=468#comment-2724</guid>
		<description>[...] One’s announcement also puts to rest a question raised here at The Financial Brand earlier this year about who was behind a logo design contest at [...]</description>
		<content:encoded><![CDATA[<p>[...] One’s announcement also puts to rest a question raised here at The Financial Brand earlier this year about who was behind a logo design contest at [...]</p>
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		<title>By: Jeffry Pilcher</title>
		<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/comment-page-1/#comment-533</link>
		<dc:creator>Jeffry Pilcher</dc:creator>
		<pubDate>Thu, 18 Sep 2008 21:27:28 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancialbrand.com/?p=468#comment-533</guid>
		<description>UPDATE: The mystery has been solved. The logo was for Resource 1 Credit Union&#039;s Gen-Y promo. &lt;a href=&quot;http://thefinancialbrand.com/2008/08/08/young-and-free-knockoff/&quot; rel=&quot;nofollow&quot;&gt;There&#039;s an article about it from The Financial Brand here.&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>UPDATE: The mystery has been solved. The logo was for Resource 1 Credit Union&#8217;s Gen-Y promo. <a href="http://thefinancialbrand.com/2008/08/08/young-and-free-knockoff/" rel="nofollow">There&#8217;s an article about it from The Financial Brand here.</a></p>
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		<title>By: Jeffry Pilcher</title>
		<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/comment-page-1/#comment-70</link>
		<dc:creator>Jeffry Pilcher</dc:creator>
		<pubDate>Mon, 16 Jun 2008 03:40:21 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancialbrand.com/?p=468#comment-70</guid>
		<description>JUNE 15, 2008 - UPDATE: The winner has been selected. It is the third logo option on the right, shown above.</description>
		<content:encoded><![CDATA[<p>JUNE 15, 2008 &#8211; UPDATE: The winner has been selected. It is the third logo option on the right, shown above.</p>
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		<title>By: Jeffry Pilcher</title>
		<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/comment-page-1/#comment-46</link>
		<dc:creator>Jeffry Pilcher</dc:creator>
		<pubDate>Tue, 10 Jun 2008 00:36:26 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancialbrand.com/?p=468#comment-46</guid>
		<description>The contest holder is almost certainly an agency or design studio. It will be interesting to see if Spokane Teachers is the client behind the agency&#039;s contest. I&#039;ll check on them later.

Regardless of who the client is, I wonder:

1. Does the client know their logo work is being subcontracted in such a fashion?
2. Does the client care?
3. What is the client being charged?

A logo project through a professional designer or studio won&#039;t cost less than $750-$1,000. There are plenty of shops selling logos for $5,000-$10,000, and some charge six figures. Take even the low figure of $1,000 and the agency makes a 500% markup on the design work, which makes it a lot easier for them to ignore any issues surrounding quality, appropriateness or originality.</description>
		<content:encoded><![CDATA[<p>The contest holder is almost certainly an agency or design studio. It will be interesting to see if Spokane Teachers is the client behind the agency&#8217;s contest. I&#8217;ll check on them later.</p>
<p>Regardless of who the client is, I wonder:</p>
<p>1. Does the client know their logo work is being subcontracted in such a fashion?<br />
2. Does the client care?<br />
3. What is the client being charged?</p>
<p>A logo project through a professional designer or studio won&#8217;t cost less than $750-$1,000. There are plenty of shops selling logos for $5,000-$10,000, and some charge six figures. Take even the low figure of $1,000 and the agency makes a 500% markup on the design work, which makes it a lot easier for them to ignore any issues surrounding quality, appropriateness or originality.</p>
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		<title>By: Tony Mannor</title>
		<link>http://thefinancialbrand.com/468/prize-increased-innovative-logo-for-banking-products/comment-page-1/#comment-45</link>
		<dc:creator>Tony Mannor</dc:creator>
		<pubDate>Mon, 09 Jun 2008 22:36:32 +0000</pubDate>
		<guid isPermaLink="false">http://thefinancialbrand.com/?p=468#comment-45</guid>
		<description>Oh man,

I am really hope it is the credit union doing this and not some agency. Right now, Spokane Teacher&#039;s is the only one I see that has this My Life, My Money product.

I wouldn&#039;t call a CU out by name like that except I am hoping they have their google alerts set up and they see this, just in case they did pay an agency.

Oh wow, the list of reasons why this is a bad idea is neverending. Nevermind the potential trademarking issues or regurgitated designs. Part of hiring a professional extend beyond design.

Lets take a look at some of the taglines &quot;Banking for my generation&quot;? Are you kidding me? Why not just say &quot;Super Dope Banking for you G-Money&quot;? or &quot;X-Treme Banking for X-Treme Teens!&quot;

Having generational products and sub-catagory marketing strategies is fine, I recommend them. However you have to cater to those demographics without being condencending. Recently in my town a clothing shop opened called &quot;Teen Zone&quot;. No self-respecting teen in my town would hang out in or around a place called &quot;Teen Zone&quot; unless they were in need of doubleknit slacks, a nifty sweater vest or a swell pantsuit.

I like contests for amateurs to get exposure and experience. But, professionals bring much more to the table than the ability to wield a digitizer and a passing knowledge of Adobe Illustrator. 

BAH! I am going to continue my rant on CUhype later. I have emails I need to respond to.  :)

Good job Jeffry, you just wound me up into a mind-bending rant.</description>
		<content:encoded><![CDATA[<p>Oh man,</p>
<p>I am really hope it is the credit union doing this and not some agency. Right now, Spokane Teacher&#8217;s is the only one I see that has this My Life, My Money product.</p>
<p>I wouldn&#8217;t call a CU out by name like that except I am hoping they have their google alerts set up and they see this, just in case they did pay an agency.</p>
<p>Oh wow, the list of reasons why this is a bad idea is neverending. Nevermind the potential trademarking issues or regurgitated designs. Part of hiring a professional extend beyond design.</p>
<p>Lets take a look at some of the taglines &#8220;Banking for my generation&#8221;? Are you kidding me? Why not just say &#8220;Super Dope Banking for you G-Money&#8221;? or &#8220;X-Treme Banking for X-Treme Teens!&#8221;</p>
<p>Having generational products and sub-catagory marketing strategies is fine, I recommend them. However you have to cater to those demographics without being condencending. Recently in my town a clothing shop opened called &#8220;Teen Zone&#8221;. No self-respecting teen in my town would hang out in or around a place called &#8220;Teen Zone&#8221; unless they were in need of doubleknit slacks, a nifty sweater vest or a swell pantsuit.</p>
<p>I like contests for amateurs to get exposure and experience. But, professionals bring much more to the table than the ability to wield a digitizer and a passing knowledge of Adobe Illustrator. </p>
<p>BAH! I am going to continue my rant on CUhype later. I have emails I need to respond to.  <img src='http://thefinancialbrand.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Good job Jeffry, you just wound me up into a mind-bending rant.</p>
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