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HOW TO NAME YOUR SMALL BUSINESS, PRODUCT OR SERVICE WITH A BIG IDEA tact: namingmachines.com, twitter.com/namingmachines, [email protected] or 201-918-2

How to Name Your Company, Product or Service

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In this presentation, you will learn how to name your small business, product or service with a very BIG idea. Brought to you by http://NamingMachines.com

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Page 1: How to Name Your Company, Product or Service

HOW TO NAME YOUR SMALL BUSINESS,

PRODUCT OR SERVICEWITH A BIG IDEA

Contact: namingmachines.com, twitter.com/namingmachines, [email protected] or 201-918-2727

Page 2: How to Name Your Company, Product or Service

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Hello, We’re the Naming Machines

www.NamingMachines.com

Page 3: How to Name Your Company, Product or Service

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We name things for companies & entrepreneurs like…

Alex M., Skateboarding

Apparel Name

Michael K., iPad App Name

Xavier J., Restaurant Name

Erin K., Baby Accessory

Name

Leslie M., Productivity

Software Name

Page 4: How to Name Your Company, Product or Service

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Are brand names important?

Brand names are important. They are the first public act of branding. They are at the core

of all brands.

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Yes, names matter

Marketing Professionals (139 respondents)

Source : The Japan Economic Times

Brand Name

Brand Slogan

Package Design

0 20 40 60 80 100%

Brand Character

Brand Logo

Brand Symbol

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Today you’ll learn…

No-nonsense, practical approach to naming your small business, product or service

with a big idea

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You will need…

+

$ ¥£€

$ ¥£€

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First, “time”

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Tip 1. Get Strategic

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Tip 1. Get Strategic

Ask yourself…

Be Different

Be Relevant

What are my competitors’ names?

What do my customers really want?

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Tip 2. Get Thinking

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Tip 2. Get Thinking

Ask yourself…

Develop Creative Themes

(Like “Intelligent & Fresh”)

Allow for Stretch

(You may even go into Airlines!)

What’s the essence of my brand?

Where will it go in the future?

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Tip 3. Get Creative

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Tip 3. Get Creative

Now you have to…

Set Aside Time,Sit Down,And ActuallyCreate Names…

Lots of them!It’s about Quality & Quantity.

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Think about the different kinds of names you can create

Construct

Acronym

Real Word

Coined(compound)

Coined (one-word)

Phrase

BMW

Mini

Lexus

Land Rover

HybridSynergyDrive

Expression

Functional

Benefit

Aspirational

Descriptive

Suggestive

Acura

Volkswagen

Infiniti

GeneralMotorsCorporation

Lotus

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Creativity vs. Communication

Remember, the more “creative” your name is, the more money you’ll likely spend to build meaning into that name and develop

you brand’s story…

Also remember, the more “descriptive” your brand name is, the more generic and commoditized it can become…

$80,000,000*(ad spend during

launch)

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Now that you’ve got all these great names…

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Tip 4: Shortlist & Decide

Shortlist and select the final candidate based on the criteria most important to your business and your brand

Trademark Available?

Quick Google Search?

Consumer evaluation?

URL available?

Memorable?

Fit to Brand?

Easy to Pronounce?

No Negative Meaning?

Allows for Stretch?

Fit to Strategy? ✓✓✓✓✓

✓✓✓✓✓

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If a candidate meets all your criteria and rises to the top…

Nice work! You’ve got yourself a new brand name!

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Now let’s review

1. Get Strategic

2. Get Thinking

3. Get Creative

4. Shortlist & Decide

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Now… the “Money”

$ ¥£€

$¥£€

$ ¥£€

$ ¥£€

$ ¥£€

$ ¥£€

$ ¥£€

$ ¥£€

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Costs to keep in mind (sorry, rough numbers only)

• Creative Development (just you)

• Creative Development (pro help)

• Linguistic Screening (pro help)

• Trademark Screening (pro help)

• Trademark Registration (just you)

• URL Registration (just you)

0

$,$$$ - $$,$$$

$$$ - $,$$$

$$$ - $,$$$

$$$ - $,$$$

$$

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A final note…

Naming is deceivingly difficult. And it becomes even harder

when you have to name something for yourself. But now that

you have some general tips and direction on how to name your

new small business, product or service, we’re confident you’ll

be able to create a big idea. Best of luck, and if you run into

trouble along the way, feel free to visit us at

www.NamingMachines.com and say hello.

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Find out more about us!

http://NamingMachines.com

[email protected]

http://Twitter.com/NamingMachines

http://Facebook.com/NamingMachines

Page 25: How to Name Your Company, Product or Service

THANK YOU!

Contact: namingmachines.com, twitter.com/namingmachines, [email protected] or 201-918-2727