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The New Year started out with a flurry of “How to Name Your Business” articles. I think that’s terrific! More PR for naming is always a good thing. But several articles were focused on very specific issues, such as “SEO Strategies You Must Take into Account When Naming Your Business.”
I’m all for keeping SEO in mind, but you should not feel as if you MUST keep SEO at the top of your list. The reality is that you need a great name for your business, and while SEO is certainly a factor in the success of your business, it is not the driver!
There is a better way to develop a great name. Continue reading
You may think it would be easy to pick the “Worst Brand Name of 2011,” but actually there are many strong candidates for this award. Someone launched a cereal in Canada called “Holy Crap” (OK, technically the launch was Q4 2010 but they did not much US exposure until 2011). Range Rover thinks Evoque is a good name for its crossover SUV. Toyota launched a new version of Prius and called it V. Heck, even Google got in the game by launching Google + (and I ask, “Plus what?”). All these names are potential disasters, but the winner is (drum roll, please)… Continue reading
In my NameFlash™ name development business, I usually present 30 – 50 names for a company’s product/service, so picking a great name from the assortment of terrific names we present is often a challenge. Smaller companies usually pick a name and run with it while larger clients often have a series of Management/Board of Director reviews, and sometimes they do consumer research in order to get additional input.
I have a confession: I love code names! One of the pleasures in my 25+ year marketing career was how I often got to choose the official code name for projects. But instead of sticking with the pseudo-science approach where one picks a scientific term such as “Project Fusion,” I preferred to create “families” of code names that reflected the nature of the innovations. As an example, I once used the names of the Seven Dwarfs as code names for the new items of a line of cold remedy products. Most of them were logical, such as Sleepy for the non-drowsy variant and Doc for the multi-symptom product, but the president of the company got mad when I named his pet project Dopey (it was a really stupid idea). A few weeks later he issued an internal memorandum on the development of code names and introduced the new requirement for top management approval of code names prior to project launch. So much for my code name fun!
I just discovered the name for the new Prius wagon: v
C’mon you can do better than that.
In my NameFlashSM name development business, I sometimes get asked by clients, “Should I change my brand name?” From a purely selfish standpoint my answer should be “YES!” because I get paid to generate names! But the reality is that there are times when you should not change your name, despite the negative impact on my cash flow.
So how do you decide if you need a better name? Here are some tips on when you should or should not change your name.
Consider changing your name when:
I’ve asked a lot of my advertising agency friends how their agencies would approach name development if a client asked for help in this area. The response, virtually without exception, is that they round up everyone they can at the end of the day, order a couple of pizzas, and hold a big brainstorming session to generate ideas.
In the same vein, some companies consider holding a naming contest to develop names instead of hiring a professional name developer (such as my NameFlashSM name development business). After all, isn’t it important to allow our customers/employees/associates to have input on our new name? And, we could offer a prize of free (insert product name) for a year so it would not cost us anything!
One of the unique features of my NameFlash name development process is how I do a trademark screen for the names I am planning to recommend. I do this trademark search because I want to present names that are available from a trademark standpoint. I also check domain name availability and common law use, because you do not have to register a trademark to own a trademark if you establish use.
A few years ago, Procter & Gamble launched the Olay Total Effects line, and introduced us to “Anti aging skin care products that moisturize and fight seven signs of aging.” In case you don’t know, the “seven signs of aging” are “look of fine lines and wrinkles, rough texture, uneven skin tone, surface dullness, appearance of prominent pores, noticeability of age spots, and dryness.”
Interesting. And wouldn’t you know it, Olay Total Effects works on all seven signs of aging (imagine that).
The skeptic in me thought that maybe there were more signs of aging that Olay was not designed to work on, but I let it go, figuring that I was not an expert on skin care.