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What’s in a name? Brand Naming is Just the First Step
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| Guest post by: Bob Grant |
Article Overview: In the world of business, marketing, and advertising we pay a great deal of attention and money to how companies, products and services are named. Brand names are important. Brand names help us remember and help us associate a good or bad experience with a product, service, or company
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Free Download - Copy or Design, Which is More Important? By Bob Grant |
What’s in a name? Brand Naming is Just the First Step
“What’s in a name? That which we call a rose by any other
name would smell as sweet” This famous line by Billy Shakespeare comes to mind
after reading John Colapinto’s recent engaging New Yorker article “Famous
Names” on David Placek and his company Lexicon.
In the world of business, marketing, and advertising we pay
a great deal of attention and money to how companies, products and services are
named. Brand names are important. Brand
names help us remember and help us associate a good or bad experience with a
product, service, or company.
But where do successful brand names come from? Colapinto
illustrates how David Placek and his company came up with the name BlackBerry
for Research In Motion. Placek’s staffers interviewed commuters riding the
ferry from Sausalito to San Francisco. The company also conducted mind mapping
brainstorm sessions, generating hundreds of word associations. They dismissed
words that contained mail or email references as not being joyous enough. One
word that made the final cut was blackberry.
Lexicon’s word smiths and linguists felt black evoked the color of
high-tech devices, and the oval keys looked like drupelets of a blackberry.
Colapinto points out that not all successful brand names are
professionally developed. He notes that Google came out of a misspelling of
googol, which is defined as the number 10 raised to the 100th power.
I suppose that it was one way of expressing infinity. Coca-Cola was devised by an accountant who
thought the two C’s looked good in advertisements. Many companies, from Hewlett Packard to Grant
Marketing simply name the company or product after the founder. However, naming
is just the first step.
This brings us back to Shakespeare’s question, “What’s in a
name?” Bernd Schmitt, marketing professor at Columbia Business School, asks in
the New Yorker article, “Would Amazon be just as successful if it was called
Nile?” The answer is likely, yes, just
as a rose by any other name would likely smell as sweet.
What makes BlackBerry, Amazon, and thousands of other brand
names successful is not just the name itself, but the product and company that
stands behind that brand name, and the brand strategy and marketing strategy
that brings that product to the minds of the consumers who will buy the
product.
BlackBerry is successful because of the technology that made
it easy for consumers, many of whom were business people who needed to rely on
instant communication with their associates and customers. The BlackBerry name
set it apart from the generic names of cell phones or mobile phones, and made
the device a brand that stood alone. Alone that is until competition from I
Phones, Androids, and the like.
Whether a brand name is developed by name branding
professionals like Lexicon, or from the mind of a business owner, an
accountant, or company research department, there are a few fundamental steps a
company should perform before bringing the brand name to market.
- Have the name, along with some other name possibilities, reviewed and critiqued within the company
- Connect the brand name to some kind of association with the product, no matter how vague. Recall the “Blackberry” explanation.
- Test the name through focus groups or survey of existing and prospective customers
- Research the name through a trademark search to be sure there are no conflicts with existing names that would be close in appearance, application, and would cause confusion.
Once a brand name is determined, then move forward developing a brand and marketing strategy that will make that name resonate in its marketplace like Google, Amazon, Apple, and BlackBerry.
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Article Tags: brand development, brand names, brand naming, brand strategy, branding, brands, Lexicon
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About the Author: Bob Grant RSS for Bob's articles - Visit Bob's website Bob is president of Grant Marketing, a B2B brand strategy and interactive marketing communications company in the greater Boston area. Bob has extensive experience in industrial manufacturing sales and marketing, and more than 30 years of B2B marketing and advertising experience. Click here to visit Bob's website Copy or Design Which is More Important Analytics The Key to Profitable Marketing A hard working brand or just another pretty face Is There A Shift In Industrial Marketing Content Is King Make Content Count |
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