Sections of this topic
Marketing: How to Name and Brand Your Products
Sections of This Topic Include
Basic Guidelines for Naming and Branding
How to Create a Powerful Marketing Message
Additional Perspectives on Naming and Branding
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Related Library Topics
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Basic Guidelines for Naming and Branding
© Copyright Carter McNamara,
MBA, PhD
Naming Your Organization or Product
To effectively promote your product, you must have a concise, yet meaningful
description of the product. This can be much more complicated than merely picking
a name. There are consultancies built around helping organizations to name or
brand their products and services. You have to be sure that you’re not using
a name that is already trademarked or servicemarked. You should not have a name
that closely resembles an already established name in your area, or customers
will confuse your services with those referred to by the other name — or, the
organization with the other name may choose to sue you. You need a name that
makes sense locally, but if you grow, the name will still be understood elsewhere.
The name you choose for your product will be around for a long time and can
have substantial impact on how your products are perceived. Therefore, seriously
consider some basic forms of market research to glean impressions of different
names. For example, convene several focus groups to glean their reactions to
various names. Have survey cards that clients can complete to suggest names.
Branding Your Organization or Product
To effectively promote your organization or product, you need to continue to
establish its strong reputation and personality, or brand, for it. To understand
what a brand is, think of some very common company names, the logos they use,
the slogans it uses, the standard colors of the logos and the types of values
that it tries to convey in its advertising. All of those together accomplish
the company’s brand — so the name is really part of the overall brand. There
can be a brand for an organization and for each of its products. Similar to
naming an organization or product, the brand should be unique.
That’s why it’s useful to develop the name and brand during the same activity
— an activity that should include researching what other companies are using,
what stakeholders (or distinct types of groups) you want to influence, and what
you want each group to think about you. As with other aspects of the marketing
analysis, the choice of the research methods you choose to use depends on your
skill level, the resources that you have available, what you can afford and
how much time you have.
1. You need a name that conveys the nature of the service and, ideally, your
unique value proposition — your unique value proposition is a concise description
of your product or service, how it is unique, and why people should buy from
you, rather than from your competitors.
2. You need a name and brand that makes sense locally, but will still be understood
if the program extends elsewhere. The name you choose will be around for a long
time and can have substantial impact on how your services are perceived.
3. You have to be sure that you are not using a name that is already trademarked
or service marked. You might verify this by:
a) Looking in the Yellow Pages of your local telephone directory.
b) Calling the appropriate governmental office (for example, contact the Secretary
of State’s office in the USA or contact the appropriate provincial office
in
Canada) to see if similar names are registered.
c) Looking in any on-line databases of registered and applied-for names (for
example, see the web site of the federal Patents and Trademark Offices at
http://www.uspto.gov/ in the USA)
4. You should not have a name that closely resembles an already established
name in your geographic area or service field because clients will confuse your
services with those referred to by the other name. The organization with the
other name may even choose to sue you.
5. Should you use a different name for each target market? Note that you can
likely benefit a great deal from hiring a marketing consultant to help you design
and build your marketing materials so they effectively convey the personality,
or brand, of your program and the overall organization. The consultant can help
you with selection and design of:
- Name
- Colors
- Logo (text and image)
- Business cards
- Labels
- Envelopes
- Web pages
How to Create a Powerful Marketing Message
© Copyright Lisa
Chapman
We are all over-messaged in this harried world – absolutely bombarded
with thousands of messages every single day. So how can your business stand
out?
To be successful, your company’s marketing must be creatively distinctive.
That’s what it takes to:
- Capture the attention of your target audience, and
- Deliver a clear and memorable message.
Your marketing must be laser-focused. It cannot be everything to everybody.
What should your marketing message achieve?
- Image & Branding
- Recognition, Credibility & Trust
- Call to Action
Business Branding Basics
Your company is only as powerful as your BRAND. A company’s brand, like
an individual’s personality, is unique – and should clearly convey
the culture of your organization.
In a nutshell, effective branding takes:
- Strategizing about who your company is,
- Aligning your brand with the your company’s core values,
- Creating an image and advertising that is distinctive, &
- Integrating all media into an effective and memorable brand message.
These are the basics of business branding. The most successful brands maintain
a consistent voice – in the media, on the web, and in person.
What is a Brand Strategy?
Brand strategy is the who, what, why, where, and how of branding. A well-crafted
brand strategy:
- Captures your company’s personality
- Creates messaging that resonates with prospects
- Establishes your company’s competitive advantage
- Converts prospects’ interest into revenue
A good marketing firm with experience in your competitive niche can listen
to key employees (and even customers) to craft a message that clearly and succinctly
speaks to your target audience. It’s an important investment in your entire
marketing effort – and will make your future advertising expenditures
powerful.
For a great example of a rebranding campaign that achieved these objectives,
consider Financial Marketing Solutions’ creative work for FirstBank. These
concepts can be applied to any business in any industry.
Additional Perspectives on Naming and Branding
Definitions
Behind Business Name Jargon
Building
a (Nearly) Million-Dollar Brand on a Startup Budget
4
Ways to Block Brand Competition
Rethinking
the Idea of the Brand
Night of the Living Dead Brands
Marketing
Case Study — Social Media Rebranding
How to Trademark a Brand Name
Naming a New Business
How Changes in Perception Impact Your Brand
Branding: How Crisis Impacts Your Brand
Branding
for Easy Promotion
How to Create the Perfect Elevator Pitch
How to Maintain Brand Consistency Across Product
Lines
The Importance of a Good Success Story
The One Thing You Must Get Right When Building
a Brand
How to Take a Local Brand National
Rebranding on the Internet
More Business Name Help
How to Name a Business
What Is Your Brand Against?
Create
a Brand Advocacy Program
Understanding Brand Loyalty
To Brand or Not to Brand…A Silly Question
Also consider
Basic
Methods to Get Customer Feedback
Some
Major Sources of Market Research Information
Also consider
“Naming Your Website”
For the Category of Marketing:
To round out your knowledge of this Library topic, you may
want to review some related topics, available from the link below.
Each of the related topics includes free, online resources.
Also, scan the Recommended Books listed below. They have been
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