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The Name Game

Stroll over to MarketingProfs' Know-How Exchange and you'll find that small business owners ask one question with remarkable frequency: What should I call my company/product? Sometimes they already have ideas and are looking for feedback, and sometimes they're at a complete loss. Whatever your situation, Scott Trimble has some helpful pointers:

  • Look for a name that is memorable but easy to pronounce and spell.
  • Avoid a name so specific (e.g., Dave's 256K Flash Drives) that it might hinder later growth.
  • Choose a name that doesn't carry negative connotations, whether in English or other major foreign languages.
  • Check for existing trademarks and the availability of domain names.
As you brainstorm, Trimble recommends asking yourself questions such as:
  • What does my product do?
  • How does my product benefit the consumer?
  • What are the "ingredients" that go into my product or service?
  • What makes my product unique?
And consider the various ways you can "stumble" on a great name:
  • Find a synonym using Thesaurus.com.
  • Think up puns and plays on words.
  • Deliberately misspell a word you like.
  • Borrow from industry lingo.
The Po!nt: "There are plenty of highly successful businesses and products out there with bad names," writes Trimble. "So, take your naming, like your friends' opinions, with a grain of salt. And, as with everything, the more you stress about obtaining perfection, the less likely you'll come up with that killer name that seamlessly fits your offering."

Source: MarketingProfs. Click here for the full article.



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