Courtesy of krazykid933
Names have always been an important part of marketing (or life for that matter). How essential are they in the art and science of branding? Very much so.
Since time immemorial, organisations have agonised over what they should name their company, products, and services. Which one would resonate with their target audiences better?
What would make your company more memorable rather than mediocre?
Choose a moribund moniker and chances are that people will forget your product or company in a hurry. For example, ABC Fried Chicken, Tan Ah Seng Hardware Store or Number One Laundry Service. However, don't go overzealous in the naming department and come up with something so extraordinary that people can't associate it with the product or company in mind.
Cultural contexts are especially important. How many times have we heard of companies naming themselves something which actually meant a derogatory term in the foreign market?
Having double meanings in names can work for or against you too. Be careful about choosing names that are too superlative, sensational or full of hype. Sometimes, a little subtlety and taste may work better than something that is too literal or in your face.
Personally, I find that movies and hit songs have some of the best and most memorable names. They probably engage some of the greatest creative minds on the planet to make that possible.
Do you agree that a rose by any other name smells just as sweet? Any examples of products with a horrible name that still succeeded beyond belief?
Update: I just stumbled onto Guy Kawasaki's piece on naming here. He provided the following tips for naming:
1) Begin with letters early in the alphabet.
2) Avoid names starting with X and Z.
3) Embody verb potential.
4) Sound different.
5) Embody logic.
6) Avoid the trendy.
Check them out!Labels: branding, marketing strategy, naming, positioning
