Eight Simple Rules for Choosing a Business Name
Your name should have a positive tone. Avoid any negative. Your name should make people enthusiastic and optimistic about working with you.
Avoid names that are difficult. If people have trouble pronouncing or spelling it, they remember it. (Embarrassing are exceptions: "Haagen-Dazs" and "Guerrilla.")
Creating a unique name. You do not want people confusing to our existing business, especially if it is one that has a bad reputation.
Do not use names that limit road. Acme Sleep Shop will limit you to selling sleep. Acme interior is more open to expansion.
Use a descriptive name, such as Jiffy Lube. Note that this name gives benefits.
Do not fall behind the trend or fashion. While it may be useful in the short term, you can not ride a trend for the long term, and focus on the long term.
Your name should reflect your identity: dignity, nobility, local identity, quality and other descriptive elements.
Choose a name that looks and sounds interesting phone, the radio, on your letterhead, and your website.
Once you have a list of features, try it with peers and focus on the group. For example, if you start a dry cleaning service, ask them if the attributes you choose - fast, reliable and inexpensive - would meet their needs. If not, adjust your list and try again.
Now that you have a list, you have to make a decision. Do you want a name that is generic, descriptive or unique? Any lawyer to tell you that the best kind of weird name is trademarked. It is the easiest to protect from encroachment by competitors, and ultimately makes the strongest name. A unique name is one which no picture comes to mind. No one knows what it looks like Nike or a Xerox.
The problem with a unique name that it takes a lot of time and money to persuade the consumer that they stand for something. The name itself does not start putting the product or company. So for most of the guerrillas, the name of this magnificent too expensive to build an asset.
The second alternative, which is more difficult to protect, a descriptive name. These names will help reposition your company or product, and they telegraph information about what you are doing. A few examples:
Quick Muffler
Ultimate Auto Body
College Pro Painters
Descriptive names are my favorite. Enough that they talk about your product to help sales, but they are unique and bear in mind the customer and help stop the competition.
Finally, you can use a generic name. The name is virtually unprotectable, but they have the ability to immediately telegraph what your business.
Some generic names include:
International Business Machine
U.S. Steel
Park Avenue Cleaners
General Foods
As you can see, sometimes a generic name takes off and works, but in general, an uphill battle - you've positioned your company, but your company has an identity.
Example of a Good Name
Popcorn faith - a catchy name that reminds you that he does not take things too seriously.
National Public Radio - a simple name that immediately connotes weight, seriousness, and the fact that all the people involved.
Staples - a simple word that brings together office equipment everywhere another word for "crucial" Once learned, the user will never forget what you mean.
Head and shoulders - The name allows you to see the benefits of the product - no dandruff on your shoulders.
Apple Computer - a simple, gentle, basic, easy to remember.
Related: 'Bar Rescue' Asks: Is Your Business Name Hurting Your Business?
This article is an excerpt adapted from The Best of Guerrilla Marketing - Guerrilla Marketing Remix (Entrepreneur 2011) by Jay Conrad Levinson and Jeannie Levinson and contributing authors, including Seth Godin.
Your name should have a positive tone. Avoid any negative. Your name should make people enthusiastic and optimistic about working with you.
Avoid names that are difficult. If people have trouble pronouncing or spelling it, they remember it. (Embarrassing are exceptions: "Haagen-Dazs" and "Guerrilla.")
Creating a unique name. You do not want people confusing to our existing business, especially if it is one that has a bad reputation.
Do not use names that limit road. Acme Sleep Shop will limit you to selling sleep. Acme interior is more open to expansion.
Use a descriptive name, such as Jiffy Lube. Note that this name gives benefits.
Do not fall behind the trend or fashion. While it may be useful in the short term, you can not ride a trend for the long term, and focus on the long term.
Your name should reflect your identity: dignity, nobility, local identity, quality and other descriptive elements.
Choose a name that looks and sounds interesting phone, the radio, on your letterhead, and your website.
Once you have a list of features, try it with peers and focus on the group. For example, if you start a dry cleaning service, ask them if the attributes you choose - fast, reliable and inexpensive - would meet their needs. If not, adjust your list and try again.
Now that you have a list, you have to make a decision. Do you want a name that is generic, descriptive or unique? Any lawyer to tell you that the best kind of weird name is trademarked. It is the easiest to protect from encroachment by competitors, and ultimately makes the strongest name. A unique name is one which no picture comes to mind. No one knows what it looks like Nike or a Xerox.
The problem with a unique name that it takes a lot of time and money to persuade the consumer that they stand for something. The name itself does not start putting the product or company. So for most of the guerrillas, the name of this magnificent too expensive to build an asset.
The second alternative, which is more difficult to protect, a descriptive name. These names will help reposition your company or product, and they telegraph information about what you are doing. A few examples:
Quick Muffler
Ultimate Auto Body
College Pro Painters
Descriptive names are my favorite. Enough that they talk about your product to help sales, but they are unique and bear in mind the customer and help stop the competition.
Finally, you can use a generic name. The name is virtually unprotectable, but they have the ability to immediately telegraph what your business.
Some generic names include:
International Business Machine
U.S. Steel
Park Avenue Cleaners
General Foods
As you can see, sometimes a generic name takes off and works, but in general, an uphill battle - you've positioned your company, but your company has an identity.
Example of a Good Name
Popcorn faith - a catchy name that reminds you that he does not take things too seriously.
National Public Radio - a simple name that immediately connotes weight, seriousness, and the fact that all the people involved.
Staples - a simple word that brings together office equipment everywhere another word for "crucial" Once learned, the user will never forget what you mean.
Head and shoulders - The name allows you to see the benefits of the product - no dandruff on your shoulders.
Apple Computer - a simple, gentle, basic, easy to remember.
Related: 'Bar Rescue' Asks: Is Your Business Name Hurting Your Business?
This article is an excerpt adapted from The Best of Guerrilla Marketing - Guerrilla Marketing Remix (Entrepreneur 2011) by Jay Conrad Levinson and Jeannie Levinson and contributing authors, including Seth Godin.