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  • Answer Upon - Tips for Creating Brilliant Business Names

    Buying Gold as a Form of Investment
    Many investors see investing in gold as a good long-term investment because it is a stable investment, and appreciation over time has shown gold to be a more viable form of investment than some of the other investments.Since the times of the Persian Empire, Muslims have seen value in buying gold. The fact that there is no restriction under Islamic laws for Muslims to deal and invest in gold has made this as a popular investment instrument among Muslims,
    ion Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say cof

    What! No Bonus!
    In 1997 I moved to Colorado to work as a research engineer. We lived in a small town in the mountains. That’s when I learned that my company had given bonuses in past years but they stopped them because the local merchants were always badgering the company about the bonuses that didn’t come and the smaller- than-usual bonuses.I didn’t learn this from the company; I learned it from the guy at the hardware store.When your company cut your bonus and
    Imagine if Yahoo! had been named TheInternetDirectoy. Or StarBucks was christened “Premier Coffees”. The names would be far more descriptive than their current ones. But they wouldn’t embody the essence or spirit of the companies they represent. Even if they offered the exact same goods and services, it’s unlikely Yahoo! or StarBucks would enjoy the same market share they now possess if given the more descriptive, and arguably accurate, names.

    Now why is that?

    In short, great brand names leverage our emotions. They resonate with the experiential right side of the brain vs. the logical left lobe. And emotions carry more motivational “charge” than logic. People buy emotionally and then justify rationally. And because great brand names create mental “pictures” they equate to a proverbial thousand descriptive words. They are the zipped files, the condensed soup, the computer macros, that all expand and unfold in our minds every time they are seen or heard.

    Creating emotionally charged names requires knowledge, expertise and a knack for wording. The first place to find positively charged names is in the words themselves. Words have equity and that equity can be transferred into a company or product name. For example, a company that wanted their customers to see their products and services as fresh, new and exciting borrowed the emotional charge associated with the word “virgin”. That’s how we have Virgin Airlines and Virgin Records. A computer company demonstrated its fresh, friendly approach to the industry with the consumable name Apple. A campy clothing company exuded adventure with its name Banana Republic. An online job board wanted to impress employers and job seekers with its massive listings… hence Monster. And need I mention Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say coff

    Collaboration - Exploring Alliances, Partnerships and Teams
    It is getting harder and harder today to do anything without the support of others. The world is more complex and specialized. Finding other people to partner and conspire with not only is often more fun, but the results can be better thought out and more successful. If you are looking for inspiration, now may be the perfect time to think about the benefits of collaboration.FISH IN THE SEAWhere do you meet people that might be possible collaborat
    p>

    Now why is that?

    In short, great brand names leverage our emotions. They resonate with the experiential right side of the brain vs. the logical left lobe. And emotions carry more motivational “charge” than logic. People buy emotionally and then justify rationally. And because great brand names create mental “pictures” they equate to a proverbial thousand descriptive words. They are the zipped files, the condensed soup, the computer macros, that all expand and unfold in our minds every time they are seen or heard.

    Creating emotionally charged names requires knowledge, expertise and a knack for wording. The first place to find positively charged names is in the words themselves. Words have equity and that equity can be transferred into a company or product name. For example, a company that wanted their customers to see their products and services as fresh, new and exciting borrowed the emotional charge associated with the word “virgin”. That’s how we have Virgin Airlines and Virgin Records. A computer company demonstrated its fresh, friendly approach to the industry with the consumable name Apple. A campy clothing company exuded adventure with its name Banana Republic. An online job board wanted to impress employers and job seekers with its massive listings… hence Monster. And need I mention Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say cof

    You Are Wrong
    It appears that most gurus if you want to call them that represent themselves as experts. In several statements that I’ve read, they refer to other marketers as making mistakes. Yet, when they make the same mistakes, they call it testing.I read a quote one time about a child learning to walk. When the child is serious about learning to walk, falling is simply a form of learning. However, it’s not looked upon as a failure or mistake.Another wo
    puter macros, that all expand and unfold in our minds every time they are seen or heard.

    Creating emotionally charged names requires knowledge, expertise and a knack for wording. The first place to find positively charged names is in the words themselves. Words have equity and that equity can be transferred into a company or product name. For example, a company that wanted their customers to see their products and services as fresh, new and exciting borrowed the emotional charge associated with the word “virgin”. That’s how we have Virgin Airlines and Virgin Records. A computer company demonstrated its fresh, friendly approach to the industry with the consumable name Apple. A campy clothing company exuded adventure with its name Banana Republic. An online job board wanted to impress employers and job seekers with its massive listings… hence Monster. And need I mention Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say cof

    The Retailer's Role In Quality Retailing - The Emerging Scenario In India
    The Indian retail industry is thriving today. There is stiff competition among Indian and foreign retailers to attract customers and retain them. In this tug-of-war, quality retailing has emerged as the solution. The retailer who provides quality products and services along with a quality shopping experience succeeds in the long run.The quality of the product offered by the retailer has two aspects – the perceived quality and the actual quality. Perceiv
    new and exciting borrowed the emotional charge associated with the word “virgin”. That’s how we have Virgin Airlines and Virgin Records. A computer company demonstrated its fresh, friendly approach to the industry with the consumable name Apple. A campy clothing company exuded adventure with its name Banana Republic. An online job board wanted to impress employers and job seekers with its massive listings… hence Monster. And need I mention Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say cof

    Procurement Consulting
    Procurement consulting can be done on the Internet and many other companies provide consultation services for a fee. These consultants are usually experts in economics or related fields that can study, understand, and even predict the market trends. This makes them useful in the long term because they are capable of cutting costs for the company by providing legal and financial advice.Buyers can wait for prices to go down or they can predict the prices,
    ion Amazon? Borrowing on the attributes intrinsic to a word or phrase is a natural way to instantly instill emotion in a brand name.

    But with more and more dictionary words being used, hoarded and trademarked, what’s a company to do? Another way is to simply put familiar positive words into unique combinations. Witness our previous example of StarBucks. What’s brighter than a star or has more mass appeal than money? Does it say coffee? No, but it sounds more appealing than “The Coffee Corral”. And more importantly, company names rarely exist in a vacuum. They are on a sign above the store, or on a proposal or on a business card being handed over by a salesperson. There is contextual support that helps fill in the blank so the name doesn’t have to do all the literal, descriptive explaining. That’s where a lot of companies err. They make the name explain their category rather than evoke their benefits.

    Yet another way of accomplishing this task is by creating a word that sounds “ish”. When I say “ish” I mean it sounds like it matches the company or product- even if it doesn’t make sense. An example you ask? But of course. My favorite is Viagra. It has the “V” of vigor and vitality, plus the “iagra” of Niagra. While not an existing word, it plays on existing, familiar parts and patterns of speech that create a natural flow to the name. Hence the name Viagra is, in my book, “ish”. It fits the product and the category. Cialis doesn’t. Which means Cialis will have to buy the emotional bond with lots of emotion-rich (and expensive) advertising. It can be done, but it will cost. A whole lot.

    Borrowing existing word equity, creating unique combinations and inventing “ish” words. Just three of the ways to develop a great brand name. Try each of these techniques and if you can't come up with a name, ask a really good Scrabble player!

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