Business Ideas
International Business
How to Choose a Company Brand Name
6:57 AMFor entrepreneurs, the importance of picking the right name for a company may rank second only to naming a child. (And it’s lot more expensive to change.)
Name consultants are paid millions each year to help decide what to call a company.
To test out a company’s name, first ask if it possesses these qualities:
Simple –- one easy-to-understand concept Meaningful –- customer instantly “get it” Imagery –- visually evocative, creates a mental picture Legs –- carries the brand, lends itself to wordplay Emotional –- empowers, entertains, engages, enlightens
Then scratch the name if it’s got these deal-breakers:
Spelling-challenged — you have to tell people how to spell it Copycat – similar to competitor’s names Random – disconnected from the brand Annoying – hidden meaning, forced Tame – flat, uninspired, boring, nonemotional Curse of knowledge – only insiders get it Hard-to-pronounce – not obvious, relies on punctuation
Choosing a domain name can be even harder. Most-short and-sweet addresses are long gone. Here are a few tips for finding a great Web-site address.
What’s your favorite company name? What names strike you as ill-fitting?
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