Naming for a business involves creating a unique, memorable and meaningful name that reflects the essence of the company, product or service and attracts the target audience. A good name helps a business stand out and become recognizable.
A systematic approach to naming:
1. Define the naming strategy
* What does the business do? * What are the company's values and mission? * Who is the target audience? * What impression do we want to make? (serious, fun, prestigious, technological) * Are we planning to scale up to the international market?
2. Types of names
1. Descriptive – directly describe the product or service. 2. Associative – evoke associations with values or experiences. 3. Abstract/fictional – unique, easy to remember, but do not evoke direct associations. 4. Names or surnames – suitable for personal brands or the premium segment. 5. Combined – a combination of words or elements.
3. Criteria for a good name
* Easy to pronounce and remember * Reflects the essence of the brand or values * Unique (no competitors with the same name) * Suitable for domains and social networks * Can be scalable and does not limit business development
4. Generating ideas
* Brainstorming with the team * Using dictionaries, synonyms, foreign words * Creating combinations of words or abbreviations * Checking how it sounds aloud * Checking domain names and trademarks
5. Testing
* We show the name to potential customers. * We observe their reaction: is it easy to remember, does it evoke associations, does it elicit positive emotions?