Wednesday, 12 October 2011

Choosing the perfect business name

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
Also read: Finding you calling Part 1 and Part 2 (link)


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