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Article Title:
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Top Mistake 1 When Naming a New Company or New Product

Article Description:
====================

The top mistake in choosing a name is deciding on the name
you like best. That very obvious-sounding strategy is wrong
because of four pitfalls. Learn how evade those pitfalls to
arrive at a name you can grow with.


Additional Article Information:
===============================

780 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2009-08-04 10:24:00

Written By:     Marcia Yudkin
Copyright:      2009
Contact Email:  mailto:[email protected]


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Top Mistake 1 When Naming a New Company or New Product
Copyright (c) 2009 Marcia Yudkin
Creative Marketing Solutions
http://www.yudkin.com/



Bear with me, because when I tell you the number one mistake
people make when selecting a name for their new company or new
product, you are going to be surprised. Ready? The top mistake in
choosing a name is deciding on the name you like best.

That very obvious-sounding strategy is wrong because of several
pitfalls. First, names can go off the rails because you, the
namer, are not your target market. The name needs to appeal to
potential customers, not to you. Second, the name you like the
best may have negative connotations that you didn't stop to
think about. Third, your favorite name, or a close variant of it,
may already be in use, causing you to seem imitative or even
landing you in legal trouble. And fourth, the name you like most
may limit you in ways that may become painfully clear in the
future.

Let's go through these pitfalls now one by one.

Not long ago New Jersey fell into the trap of thinking of
themselves rather than of the target market when officials asked
their residents to vote on a tourism slogan for the state. The
winning entry, "New Jersey: Come See for Yourself," received
just a few more votes than "New Jersey: The Best Kept Secret."

Both of these tag lines fail because they do not give a reason
for outsiders to come explore. Outsiders, who may have an image
of New Jersey as an over-industrialized collection of chemical
factories, won't see anything compelling in those phrases. If
the contest organizers had let non-New Jerseyites react to
possible slogans, it would have become clear that those slogans
were lame and uninteresting to the target market.

For business names, what insiders to the business choose may have
a meaning element that customers don't relate to or cannot
pronounce. For example, if an optical shop decided to call itself
Refractions, they'd be sabotaging themselves, because the
average person doesn't know that "refraction" is the principle
of physics that enables glasses to correct vision.

Likewise, a bakery might fall in love with the name Painique
(pan-EEK), where "pain," which means "bread" in French, was
supposed to be pronounced in the French way rather than as
rhyming with "rain." However, where the typical shopper
doesn't know French, the name would be baffling and off-putting.

Choosing the name you like best can also be disastrous if you
don't take the time to explore whether or not there are negative
implications to the name. This happened to a shoe company in
England, which was exciting about naming a sport shoe Zyklon, not
realizing that this was the brand name of the gas used by the
Nazis to kill millions during World War Two.

Similarly, someone who went with the company name Grand Poobah
Publicity because they loved the way it sounded would eventually
find out that to language mavens and Gilbert and Sullivan fans,
the company was mocking itself. The Grand Poobah was a haughty
character in "The Mikado" who had an undeservedly high opinion
of himself.

Going only by what you like can also blind you to the fact that
your name, or something resembling it, may already be in use. For
instance, a golf course near me in Western Massachusetts called
its modest little eatery Tavern on the Green, and found it
ridiculous when the famous restaurant by that name in New York
City sent it a letter demanding it stop using the name.
Ridiculous or not, most businesses receiving such a letter sooner
or later have no choice but to give in. It's smarter to check
whether or not a name is legally in the clear prior to finalizing
it.

Even when a name just echoes something else rather than exactly
imitating it, the public may feel that your name is derivative
and unoriginal. If you fell in love with the name Sir Salad for
your casual restaurant, people might think you'd copied the
chains Sir Speedy or Sir Pizza, even if you weren't aware those
existed.

Finally, the name you like most could be so narrow in scope you
are unable to expand. With the name Becky's Bookkeeping, Becky
may have trouble later when she realizes clients need help with
filing and organizing as well as with their financial records.

Perhaps the most surprising point to many people is that it
isn't essential to have a blinding love for your new company
name. It's far better if you think systematically about what the
name should accomplish for you and go rigorously through your
brainstormed list with those criteria in mind. You may already
have overlooked the name that best meets those clear-headed,
unemotional naming criteria! 




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Marcia Yudkin is Head Stork of Named At Last, a company that 
brainstorms creative business names, product names and tag lines 
for clients.  For a systematic process of coming up with an 
appealing and effective name or tag line, download a free copy of
"19 Steps to the Perfect Company Name, Product Name or Tag Line" 
at http://www.namedatlast.com/19steps.htm


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