Pros
99designs like it’s name say it all, is very profitable for the buyers as they get 100s of design options for their logo or website. It is very lavish portal for graphic designers as they can get paid between $200 to $1000 for just 1 logo contest (only if they win) It also gives the buyer multiple options & styles of design to choose from & he/she can also get the revisions very quickly. For new & less experienced graphic designers it is a heaven to learn what kind of work is being accepted in the market & they can attain that quality in the matter of days if they participate in running contests. If the contest holder don’t decide a winner the prize will be distributed among all designers.
Cons
The chances of less experienced designers to get selected are very low because the master & highly qualified designers are submitting their designs next to newbies work & their chances are very high to win the contest. It sometimes give frustration to the designers who are constantly working hard without any reward. Another issue with 99designs contests is that buyer have more than 30 days time to select the winner & that also make it herculean.