99designs Review – Interesting Facts & Figures!!

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99 designs

Although the concept of crowdsourcing evolved in 2006 by Jeff Howe, the field of logo design also adopted the model with the introduction of design contests. 99designs was the first entrant in design crowdsourcing in 2008. Matt Mickiewicz and Mark Harbottle are the co-founders of this Australian based logo design contest site.
Even though there are several other top crowdsourcing sites on the internet, 99designs is still assumed to be the leader in design crowdsourcing. But before this can be determined, one must view the facts and figures on hand. So today, we present a 99designs review showcasing some interesting facts and figures which include both good and bad ones.

 

The Positive Facts:

• 99designs is the 1st logo design contest site in the crowdsourcing business.
• The total number of designers at 99designs is 108,194.
• The crowdsourcing business of 99designs has attracted $35 million investment by renowned financial corporation Accel Partners.
• Just last month, 99designs has paid out over $1,125,688 to their designers.
• In the year 2010, 99designs was awarded with “People’s Choice Webby Award”.
• 99designs has been acclaimed by renowned news agencies like The New York Times, The Wall Street Journal, Entrepreneur, Tech Crunch and Forbes.

The Negative Facts:

• Based on number of designers (108,194) and open projects (1100+), the success ratio of winning a project on 99designs is a mere 1%.
• 99design charges 20% of the prize money which is relatively higher than rest of the top crowdsourcing sites.
• They have a very high least logo bid at $295, as compared to their competitor sites.
• You cannot cannot delete an account once it has been created on 99designs.
 

Is 99designs Really The Leader in Design Crowdsourcing?

99designs is considered the leader in design crowdsourcing mostly because it was the first site to launch a logo design contest. Considering that several other crowdsourcing giants like CrowdSPRING and MycroBurst are now giving a tough competition to 99designs, do you still think it can be considered a leader in design crowdsourcing?

              
  1. great review, thanks for the post