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Learn how to create impactful brand names that resonate with your audience. Discover valuable tips and strategies for naming your business, products, and domains effectively to build a strong presence online. Take control of your brand identity from the start.
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Wot’s in a name By Peter Baskerville
Top brands - Description 94% of top 100 brands don’t describe the products they sell
Top brands Analysis One Word
Like so many things in entrepreneurship … it’s counter-intuitive. • Don’t love a name and then try and own it … own it and then grow to love it.
Name ownership Online Social Media Platforms Domain Name - *.com Google Search Domain Name - *.com.au Gmail Domain Name - *.new gTDL Trademark ASIC Business Name
Own it from the start • VALUE - It will eventually become your most valuable asset - COKE • COSTS - Avoids having to pay a fortune to buy the missing piece later – SMSFUN • MARKETING – more bang for bucks – no leaching • LITIGATION - Don’t pick a fight with an international brand with deep pockets – MacDonald’s Cakes
Unique … but understood • Make up a name (KODAK) • Difficult to create • Confusion over pronunciation • Good for geographic locations (Café) – Short name ending in ‘s’ (Ettos, Moors, Earls) • OR - Join two common words. • One related to the market • One upbeat and positive
Name creation • Facebook model • Made up name • 4-5 letter industry word + 4-5 generic word • Collins word puzzle • Compile a list • New domains a game changer • Naming tips • Take care with the middle ‘s’ …Skills hit, surprise words, multiple pronunciations. • Lower case “j,g,q,y,p” can cause problems with logos – 30% size loss
Game changer – new gTLD • ICANN • January 2014 • 22 to 700+ planned • Staged Release – pre-register • Shorter, more memorable, targeted. • Get multiple & redirect
Name checklist process • Goal • 360◦ ownership • Not start a future fight • Process • Australian business name ownership check – ASIC • Domain (*.com or *.com.au + extension) check – Type into the address bar • Trademark check • Google check in search returns (competition, owned by big player)
Registering a name • Business name • ASIC controlled – company • Online – register first • ABN – Years 1 or 3? - <$100 • Domain name • Online registration – Years 2-10? Extras? • crazydomains.com.au/ <$30 • Trademark • Name, $100 x class x 2, service & goods • Platforms • Facebook, Twitter, Wordpress, gmail, Google +, Linkedin group