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The video tutorial discusses different types of logo designs such as word mark, lettermark, brandmark, and pictorial emblem. Lettermarks, also known as monogram logos, consist of just text, typically using company initials when the brand name is lengthy. For instance, NASA is the abbreviation of the National Aeronautics and Space Administration. Monogram logos are suggested for brands with long names that may not work well as logos. They can be challenging to design as they require making a few letters iconic and stand out.