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    What design consulting sells, and why one logo costs twenty times another

    September 18, 2026 · Article · 5 min read

    SRF Capital Studio Research DeskFunding Intelligence, SRF Capital Studio

    A logo for ₹2 lakh and a logo for ₹40 lakh are different products. Design consulting splits into four formats, and a studio that does not know which one it runs will misprice all of them.

    Summary

    • Design consulting is four businesses sharing a name: design-led strategy, brand and identity, product and experience design, and production.
    • Each has a different buyer, a different price logic and a different exposure to AI, so a studio's margin depends on knowing which one it is really in.
    • Revenue per designer, retainer share and utilisation tell you your true format faster than your website does.

    A founder asks two studios to quote for a new identity. One comes back at ₹2 lakh, the other at ₹40 lakh. Both say "logo" in the first line of the proposal, and the founder assumes one of them is either greedy or careless.

    Usually neither is. The two studios are selling different things under the same label. One is selling a file. The other is selling a decision about how the company will be recognised for the next decade, plus the rules that keep that decision intact across every touchpoint.

    That gap is the whole story of design consulting as a business. The industry has no standard product, no standard job title and no standard price, and the confusion costs studio owners more than it costs clients.

    Four businesses under one word

    Design-led strategy. Firms such as IDEO, Accenture's Fjord and McKinsey's design practice use research methods (interviews, field observation, journey mapping) to answer business questions that are not visual at all. Should a bank launch a product line? How should a hospital rebuild patient intake? The deliverable is a service blueprint or a recommendation, and the buyer sits in the C-suite.

    Brand and identity. Pentagram, Landor and, in India, Pune's Elephant Design decide how a company is named, seen and heard, and write the system that governs it. The work is highly visible and hard to reverse, which is exactly why clients pay for seniority.

    Product and experience design. Studios such as ustwo design apps, sites and software interfaces that engineering teams then build. In our read this is the biggest part of Indian design consulting by headcount, fed by every company putting its customer journey on a phone.

    Production. Freelancers and small studios produce assets to a fixed brief: social posts, collateral, packaging mock-ups, decks. Clients buy volume and speed, priced per piece or per hour. This is the format AI tools are eating first, a shift we map task by task in what AI takes from a design studio. A studio that sells all four formats without separating them gets undercut on production and underpaid on strategy.

    A studio that sells all four formats without separating them gets undercut on production and underpaid on strategy.

    How each format prices

    The four formats of design consulting and how they bill

    FormatUsual billingIndicative India day rateWhat the client is paying for
    Design-led strategyProject fee or monthly retainer₹1.5 lakh to ₹4 lakhA business outcome, senior judgement, a board-level buyer
    Brand and identityFixed project fee₹1.2 lakh to ₹3.5 lakhLong-lived brand equity and the cost of getting it wrong
    Product and experienceRetainer, embedded team or project₹60,000 to ₹2 lakhProduct complexity and continuous iteration with engineering
    ProductionPer asset or per hour₹15,000 to ₹50,000Throughput, now priced against the cost of an AI tool
    Source: SRF research desk working ranges for Indian studios, 2026; indicative, not survey data

    Read the right-hand column before the rates. Prices differ because the risk the client is buying down differs. A bad social post costs a week. A bad brand architecture costs a rebrand, and a bad service design costs a product launch.

    This is also why a single rate card rarely works for a mixed studio. The hour a principal spends on positioning is not the same product as the hour a junior spends resizing banners, and pricing them alike hands the value of the first to the client. The mechanics of that leak are in your rate card is not your price.

    Three numbers that reveal your real format

    Studios tend to describe themselves by their best project. The numbers describe them by their average one. We use three.

    • Revenue per designer. Above roughly ₹25 lakh a year suggests clients are paying for judgement. Below about ₹12 lakh, the studio is a production shop whatever its website says.
    • Retainer share of revenue. Above half, cash is predictable and hiring can be planned. Below a third, the founder is selling every month to stand still.
    • Utilisation. Billed hours over available hours. Above 75% is disciplined. Below 65% points to a thin pipeline, too much unpaid pitching, or slow client approvals.

    Run these on the last twelve months, not the best quarter. A studio that calls itself strategic but earns ₹10 lakh per designer on 25% retainer revenue has a positioning claim and a production business.

    What we would do as a studio owner

    Pick a primary format and price it properly. It is fine to sell more than one, but name them as separate lines, with separate rate logic and separate owners. A brand engagement should never be quoted from the production rate card.

    Move production out of the core, or make it a tool. If production is more than half of revenue, plan the shift now: bundle it into retainers where it supports strategic work, or price it as a fixed-fee service with AI built in, and stop selling it by the hour.

    Measure before you reposition. A new website does not change a format. Changing who you sell to, what you charge and what your seniors spend their hours on does. The design and creative industry report sets these choices against the sector's economics, and our design and creative services page covers how we work with studios.

    The label will stay vague. The business underneath it does not have to be.

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    About the author

    SRF Capital Studio Research Desk

    Funding Intelligence, SRF Capital Studio

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