Money in Graphic Design
A lot of a graphic designer's income depends on ROI, or rate of investment. What is the ROI on graphic design? There is no specific ROI on graphic design. Each job and each project will be different, which will effect the overall ROI. But, most of the time, ROI is always going to be high in the field of graphic design. This is how you calculate ROI:
ROI (rate of investment) = (Gain from investment - Cost of investment) / Cost of investment
The cost of investment for graphic designers is generally very low. Understand, graphic design does require that you buy supplies. However, a graphic design job is mostly the selling of a service... not the selling of products or items. Thus, it does not cost a lot of money to be a graphic designer. However, the gain from investment is high (whatever you make for doing a project).
A graphic designer will need to purchase some computer software such as Photoshop. However, you don't have to purchase Photoshop again every time you do a project. This means low cost of investment.
Gain from investment is the pay for the project.
Example 1 = very good ROI.
A graphic designer who designs business cards will have to buy blank business cards each time they do a project. But, business cards are not too expensive. This means somewhat low cost of investment.
Gain from investment is the pay for the project. Normally designers can charge decent rates for custom made business cards.
Example 2 = good ROI.