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Trying to protect an old business model?
With that said, $5 logos most often are crap; a bait and switch situation.
However, design contests can be worthwhile and very cost effective.
Very good designers, those who've proven themselves, such as through spec work / design contests, can often progress to getting hired for steady in-house design work.
Many companies are too small to hire a designer so they contract out work and can't afford / won't pay unless totally satisfied.
As long as there are numerous designers seeking work, including many offshore, especially in this lousy economy, spec work / design contests are here to stay.
Ron
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Domagon - Website Management and Domain Name Sales
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