New exciting feature: Buy Any Logo 🤩

[JuanSBach]

@LogoArena

Pricing Model: As a start, we will follow a set pricing model we defined above, but we’re open to your feedback. We will actively explore ways to give you more control over pricing in the future.

This can work for the already winning designer if CH wants another logo (which have another concept related to the contest, not the stand alone symbol or different alignment with same logo concept, careful with), but for the non winning, the price should remain as offered in the contest prize, or let the designer set the price + LA fee

[JuanSBach]

@LogoArena

Optional Sale vs. Mandatory Sale: We understand that you may want the choice to decline a sale. So for now, we will introduce an opt-out option for this feature. If you choose to opt out, clients won’t be able to buy your additional logos from any of the contests you participated in (where you weren’t selected as the winner), potentially causing you to miss out on these income opportunities. To opt out, visit the new ‘Settings’ page in your profile and simply toggle the ‘Opt-Out’ option.

I don’t see it😎 in my profile settings page

[LogoArena]

It will be visible once the feature is live later today We will announce again once it’s live.

[LogoArena]

Update: We delayed the launch of the new feature to tomorrow.

[RetroMetro_Steve]

@LogoArena

Optional Sale vs. Mandatory Sale: We understand that you may want the choice to decline a sale. So for now, we will introduce an opt-out option for this feature

As far as it goes, this is a good option.

@LogoArena

We will actively explore ways to give you more control over pricing in the future

Designer control over pricing is good (and the only way some of us will participate in this new feature).

@LogoArena

we have removed the 14-day rule for not allowing to withdraw designs.

Excellent. This will allow those who might not wish to opt out globally to keep the feature live but respect their wishes on a case by case/contest by contest basis.

[LogoArena]

The feature is live!

Now contest holders can purchase any additional logos from past contests, opening up more revenue opportunities for you.

1. After the contest holder purchases your logo, you will receive and email about it:
   

   

2. You will see a new tab, called Logo Orders in the contest page.
   

   

3. After you upload the files and the contest holder approves the file, you will receive a confirmation email and the balance will be added to your account.
   

   

You will also find a logo orders tab in your account with the history of the logos you’ve sold, and an option to opt out of the feature in the settings tab.

[anung]

Permission to Ask:

1. The amount of money received is as stated or will be reduced by logoarena fees?

2. My entry came in 3rd and got a Tip, then CH bought the logo. Is the amount of money listed : Tip + amount of money from the 3rd Logo? or will I receive the tip separately?

Thanks for the explanation.

[LogoArena]

Thanks for your question @anung

These are two different things:

Contest Tip for 2nd and 3rd Place: This amount is added to your account balance once the contest is fully ended (i.e. when the contest holder marks the final files of the contest winner as approved).

Purchase of Additional Logos: When the contest holder purchases additional logos from the contest (whether 4th place or 15th), you upload the file, and once the contest holder approves the files, you get paid. The price shown in your Logo Orders tab in your account dashboard is the price you will receive (the LogoArena platform fee has already been deducted).

[anung]

Great! Thanks for the explanation. This makes me even more enthusiastic about participating in each contest

[LogoArena]

That’s great to hear @anung! We’re always looking for ways to enhance your experience and potential earnings on LogoArena and that’s why we’ve introduced this feature and many other new features lately

Note that you can also actively promote this option to clients, for example when you had a good collaboration with a client, but they decide to choose a different contest winner.

[LogoArena]

btw, look out for two new exciting features coming very soon!

[anung]

Yes I will. Another thing that can increase our enthusiasm (perhaps especially designers from Indonesia) is that I really hope that the money transfer process can be faster than before. So far it takes 6-7 days (sometimes more) to be received at my local bank

[LogoArena]

@anung

Another thing that can increase our enthusiasm (perhaps especially designers from Indonesia) is that I really hope that the money transfer process can be faster than before. So far it takes 6-7 days (sometimes more) to be received at my local bank

For this, we recommend reaching out to Stripe support since we don’t have control over this part and it’s different in every country. But to keep things in context we can keep this discussion going here: https://forums.logoarena.com/t/balance-withdraw/21

[anung]

Thank you for the direction. I’ve asked stripe support about this (a few months ago) and got an answer from them, here: https://forums.logoarena.com/t/stripe-account-money-transfer-duration/221

[JuanSBach]

Hi!. hope you’re fine, happy New Year 2025

well I don’t even know if contes holder downloaded the files, I guess he did, in the workreap contest, https://www.logoarena.com/logo-contests/Workreap-n13309

but can someone make it into balance? have been long time, Tony and I have been waiting patiently, but I’m afraid it might be a bug in the CH UI too as Steve couldn’t approve them in his end

[LogoArena]

Thanks all, we will take a look at this and get it sorted. The approval process should take no longer than 10-14 days max, so this is definitely way past due.

[Tony]

@LogoArena please add balance/ payment history feature to designers account.

[RetroMetro_Steve]

I guess you can get that info via your Stripe account.

[Tony]

I meant something like we have in LA 1.0 : Contest name, Prize amount, Date won, Date paid, Status.

[Tony]

@LogoArena Any good news for us?. Or is there anything I can do to speed up the process of receiving the payments?. Thanks in advance.