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9 Things To Consider When Naming Your Brand

admin — Tue, 26 Sep 2006 17:47:57 +0000

Since we talked here earlier about Naming Don’ts, let’s see some DO’s on the matter. Without any doubts, choosing a name is one of the most important decisions a company can make when launching a brand. More than that, when we’re talking about small businesses it seems that the most stressful thing about starting a new company was not manufacturing of products or advertising to customers, but coming up with a name.

Here is a list of 9 things that should be taken in consideration when naming a new business or product:
1. The Name Achieves Differentiation From Competition – your name should be different from the competition, as should your messaging.
2. The Name Reinforces Positioning in Marketplace – a name should make an impact and should bring forth some sense of the company’s position as it enters the marketplace.

3. The Name Engages Customer or Prospect – it should be something that causes interest, causes inquiry and causes potential for action.

4. The Name Is unforgettable – it should embed itself in the collective consciousness, tie to mental signposts in the consumer’s brain and help the consumer remember the name when speaking to friends.

5. The Name Has a Life of It’s Own – A company name needs to carry a self-sustaining message, something that identifies what the company does or provides, without additional messaging or clarity being added.

6. The Name Evokes Deep Well For Graphical Images – it helps develop a logo, and design for websites, etc.

7. The Name Rises Above the Goods and Services You Provide – it should have a greater, more encompassing edge than the things you provide – because if it is tied to services or products, and they change, your name might well need to, also.

8. The Name Has What It Takes to Dominate the Category – this comes from the idea of timelessness, of speaking to the consumer in an unforgettable way, but it also goes above and beyond that.

9. Url has to be Available for Registration For Web Address- extremely important issue in today’s time and age of the internet.

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5 Myths of Brand Naming

admin — Mon, 27 Feb 2006 16:56:23 +0000

After the 5 Tips on Brand Naming, here is an interesting post of Steve Rivkin is the co-author of The Making of a Name : The Inside Story of the Brands We Buy on 5 Myths of Brand Naming:

Myth #1: Size doesnâ€™t matter.
Yes, it does. Shorter is better in everything from memorability to packaging.

Myth #2: There are no words left to steal from the dictionary.
Not true. Your speaking vocabulary may only be 30,000 words, but a hefty dictionary will yield 750,000 words

Myth #3: Coining a new word is easy.
But the trick is to create a new name that is meaningful, impactful and starts the positioning process for the brand or company.

Myth #4: Manufactured names are all the same.
A made-up name might be a simple fusion of two easily recognized words, it might be an altered form of a recognizable word or it might be a foreign word that some people would recognize

Myth #5: Customers will take our name literally.
Good names are suggestive. They are bundles of possible meanings. They are not contractual commitments.

Read the full 5 Myths about Brand Names

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Evaluate Your Name

admin — Wed, 11 Jan 2006 20:44:26 +0000

When re-branding a business or a product or when you set up a new one and have to come up with a brand new name you should find a way to evaluate among different options that might come up in order to choose the best one out of them. Here I just stumble upon and interesting tool to dissect potential names into the nine categories to make it easier to understand why name work or don’t work, and to more easily weigh the pros and cons of one name versus another:

Appearance – Simply how the name looks as a visual signifier, in a logo, an ad, on a billboard, etc.

Distinctive – How differentiated is a given name from its competition. Being distinctive is only one element that goes into making a name memorable, but it is a required element, since if a name is not distinct from a sea of similar names it will not be memorable.

Depth – Layer upon layer of meaning and association. Names with great depth never reveal all they have to offer all at once, but keep surprising you with new ideas.

Energy – How vital and full of life is the name? Does it have buzz? Can it carry an ad campaign on its shoulders?

Humanity – A measure of a name’s warmth, its “humanness,” as opposed to names that are cold, clinical, unemotional. Another – though not foolproof – way to think about this category is to imagine each of the names as a nickname for one of your children.

Positioning – How relevant the name is to the positioning of the product or company being named, the service offered, or to the industry served.

Sound – Again, while always existing in a context of some sort or another, the name will be heard, in radio or television commercials, being presented at a trade show, or simply being discussed in a cocktail party conversation.

“33″ – The force of brand magic, and the word-of-mouth buzz that a name is likely to generate. Refers to the mysterious “33″ printed on the back of Rolling Rock beer bottles for decades that everybody talks about because nobody is really sure what it means. “33″ is that certain something that makes people lean forward and want to learn more about a brand, and to want to share the brand with others. The “33″ angle is different for each name.

Trademark – As in the ugly, meat hook reality of trademark availability. All of the names on this list have been prescreened by a trademarked attorney and have been deemed “likely” for trademark registration.