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  • Other Added - Brand Naming - Art, Skill, and Luck!

    Freight Factoring for Canadian Transportation Companies and Brokers
    The Canadian transportation industry is very cash flow intensive. Truckers and brokers have a number of recurring expenses that place demands on their cash flow. They must pay drivers, repairs, fuel and other suppliers. In the meantime, they usually need to wait anywhere between 30 and 60 days before their freight bills are paid. This creates a financial perfect storm. They must pay expenses quickly – but wait to get paid themselves.Many transportation business owners go to their local (or national) bank to try and obtain business financing. They soon find out that getting a business loan is close to impossible. Banks place a number of requirements on their clients, such as having many years of profitable operations, being able to provide audited financial statements and having a business plan. Of course, if a trucking company or brokerage could provide three years worth of audited financial statements, they probably wouldn’t need fin
    They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also con

    Bomb! Ten Easy Steps to Blow Up Your Next Big Presentation – Guaranteed!
    Your next presentation is just around the corner. To ensure devastating impact, just follow these ten steps and watch your career catch fire.1. Avoid Excessive ResearchResearch is for geeks and bookworms. Do you really want to bore your audience with a bunch of statistics and facts that they can easily get from the library or from Google?You want to tell people your version of how things work, not someone else’s ideas that have been posted all over the Internet already.2. Be SpontaneousPreparation and rehearsals are for amateurs, or actors. By practicing your presentation you only sabotage your chances for spontaneity. Just scribble down a few notes and stuff them in your pocket in case you need them for reference. This allows you to improvise as you go, keeping your talk lively and interesting. People hate predictability.Plus, by rehearsing your presentation you run the risk of having a bunch of kno
    A great name is like extra octane in a brand. A bad, boring or sound-alike name won't necessarily kill a brands chances for success. In most cases however, it dramatically dilutes the brand equity and potency.

    Do You Have A Name That Basically Sucks?

    If so, shame on you. If you acquired it, I send my sympathy.

    Should you change it? Yes. It will cost some bucks, but it's also a great opportunity to get a lot of great attention and renewed momentum. Weigh it out, look at the cost versus the benefit and remember that change can be scary, but a lame brand can be scarier!

    Birthing A Brand Name

    The task of developing that killer name has become quite complex. For years, business owners and management named their offspring, then creative service firms and ad agencies jumped in, often with a sprinkling of college talent, finally, the general public added their wisdom in naming contests. I'm sure all have produced their share of brilliant names as well as some very scary ones. Now this field of art, science, skill, and luck has gone professional. Naming brands is big business and can come with a big price tag. Hire a professional naming company and expect a bill of $10,000-$100,000 or more before the graphic execution or production.

    So What Is A Great Name Worth?

    The answer: a lot. If your brand is properly nourished, it grows and has a long shelf life or history-do the math.

    Not All Great Brand Names Cost A Lot

    Nike(tm) is one of the best examples. Nike is Greek for victory and is also the Greek goddess of victory. The name came in a dream to Jeff Johnson, Nike's first "real" employee, and replaced the original name of Blue Ribbon Sports. It beat out Phil Knight's own name change idea of "Dimension 6." However, the company did pay Carolyn Davidson, a graphic design student at Portland State University, $35 in 1971 to design the trademark "swoosh."

    When faced with the challenge of naming, start with your ideas and those of your staff. No matter what, even if the names you come up with stink, it's a good creative exercise about defining your brand essence. If you have the budget, outside input and other naming solutions can also be a valid investment. Remember that the life and benefit of your brand name may last for years.

    It will be plastered on lots of things including your market's mind. Whatever you spend, divide it by the projected years of use and value. This same formula applies for investments in corporate identities and tagline. They are as valuable as a great employee or, piece of manufacturing equipment.

    Whether you decide to outsource or to create on your own name, I suggest walking through the following preliminary exercise.

    Ask Yourself The Following:

    Who will ultimately decide the name? One person or a team? Whoever that is should be involved in the criteria-building process. What kind of brand are you naming? Company, consumer product, business service, or event? What is the expected life of the brand name? Does the name fit into a larger family of names? Will it be used only in the U.S. or will it go global? Remember that today "global" can mean the Internet too. Who is your primary audience for the brand names? Are you creating a new category or joining an existing one? If joining a category, what are your competitors' names? What are the primary strategies for building your brand?

    Once you've completed your basic criteria or framework, you can proceed with the grueling task of a name dump of endless possibilities.

    Should A Name Be Literal And Descriptive Or Obscure And Emotional?

    My tendency tilts toward obscure and certainly emotional, primarily because I'm a strong proponent of distinctive brands. However, I also believe each case is unique and sometimes brand names get passed down and changing them would take an act of Congress.

    An Obscure Or Unfamiliar Word Can Be A Brand Home Run

    Consider Apple(tm), Nike(tm), Google(tm), FUBU(tm), and Yahoo(tm). They all have visibility/frequency, brand-story telling communication, and brand performance. They are all hugely successful brands but, started as small companies.

    Although not my favorite, literal and descriptive words can work in some brand naming situations. Generally, though proceed with caution because they can be more easily copied or imitated, leading to buyer confusion. Such confusion usually defeats the purpose of a sound brand.

    If you have a big branding budget, you can salvage or sustain a boring, generic, or literal brand name with some other compelling messaging. Take, for example, Southwest Airlines. Their consistently creative and "on brand" advertising has transformed a somewhat nonexciting name into a great brand name. However, most companies don't have the luxury of Southwest's media budget or have not engaged a great ad agency like GSDM in Austin, Texas.

    With that said, unless you have a big, endless budget, I say... Avoid like the plague:

    Dumb Generic Names

    Dumb generic names like Computer Solutions, Performance Printing or Innovative Technologies. I'm sorry if I've offended anyone, but these names will just make you spend more and work harder at building a brand. They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also cond

    Hidden Traps for Life Partners Who Work Together
    Neither couple I describe knows the other couple, but their stories are strikingly similar.                                                                               Craig and Warren are both recently retired executives. Craig’s wife, Marcy, ow
    e answer: a lot. If your brand is properly nourished, it grows and has a long shelf life or history-do the math.

    Not All Great Brand Names Cost A Lot

    Nike(tm) is one of the best examples. Nike is Greek for victory and is also the Greek goddess of victory. The name came in a dream to Jeff Johnson, Nike's first "real" employee, and replaced the original name of Blue Ribbon Sports. It beat out Phil Knight's own name change idea of "Dimension 6." However, the company did pay Carolyn Davidson, a graphic design student at Portland State University, $35 in 1971 to design the trademark "swoosh."

    When faced with the challenge of naming, start with your ideas and those of your staff. No matter what, even if the names you come up with stink, it's a good creative exercise about defining your brand essence. If you have the budget, outside input and other naming solutions can also be a valid investment. Remember that the life and benefit of your brand name may last for years.

    It will be plastered on lots of things including your market's mind. Whatever you spend, divide it by the projected years of use and value. This same formula applies for investments in corporate identities and tagline. They are as valuable as a great employee or, piece of manufacturing equipment.

    Whether you decide to outsource or to create on your own name, I suggest walking through the following preliminary exercise.

    Ask Yourself The Following:

    Who will ultimately decide the name? One person or a team? Whoever that is should be involved in the criteria-building process. What kind of brand are you naming? Company, consumer product, business service, or event? What is the expected life of the brand name? Does the name fit into a larger family of names? Will it be used only in the U.S. or will it go global? Remember that today "global" can mean the Internet too. Who is your primary audience for the brand names? Are you creating a new category or joining an existing one? If joining a category, what are your competitors' names? What are the primary strategies for building your brand?

    Once you've completed your basic criteria or framework, you can proceed with the grueling task of a name dump of endless possibilities.

    Should A Name Be Literal And Descriptive Or Obscure And Emotional?

    My tendency tilts toward obscure and certainly emotional, primarily because I'm a strong proponent of distinctive brands. However, I also believe each case is unique and sometimes brand names get passed down and changing them would take an act of Congress.

    An Obscure Or Unfamiliar Word Can Be A Brand Home Run

    Consider Apple(tm), Nike(tm), Google(tm), FUBU(tm), and Yahoo(tm). They all have visibility/frequency, brand-story telling communication, and brand performance. They are all hugely successful brands but, started as small companies.

    Although not my favorite, literal and descriptive words can work in some brand naming situations. Generally, though proceed with caution because they can be more easily copied or imitated, leading to buyer confusion. Such confusion usually defeats the purpose of a sound brand.

    If you have a big branding budget, you can salvage or sustain a boring, generic, or literal brand name with some other compelling messaging. Take, for example, Southwest Airlines. Their consistently creative and "on brand" advertising has transformed a somewhat nonexciting name into a great brand name. However, most companies don't have the luxury of Southwest's media budget or have not engaged a great ad agency like GSDM in Austin, Texas.

    With that said, unless you have a big, endless budget, I say... Avoid like the plague:

    Dumb Generic Names

    Dumb generic names like Computer Solutions, Performance Printing or Innovative Technologies. I'm sorry if I've offended anyone, but these names will just make you spend more and work harder at building a brand. They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also con

    Market with Integrity
    Playing games can be a lot of fun, but in business they can take an ugly turn when they turn into head games. How we play games, or play at games, often reflects our true nature as to how we do business.We always have a choice. We can make it a win-lose or a win-win option. Playing head games in business involves lying, cheating, hidden agendas, one-upmanship, customer or employee exploitation, and the like. Often these behaviors find their essence in the need to be right, to be in control or to portray a particular image.On the other hand, playing games with integrity involves creating situations where both you and the customer wins. Everyone has their needs met and enjoys success. This involves cooperation, kindness, a service attitude and other supportive behaviors. There is a lot of truth to the phrase, “it’s not whether you win or lose its how you play the game.”How do you intend to play the game when it come
    de to outsource or to create on your own name, I suggest walking through the following preliminary exercise.

    Ask Yourself The Following:

    Who will ultimately decide the name? One person or a team? Whoever that is should be involved in the criteria-building process. What kind of brand are you naming? Company, consumer product, business service, or event? What is the expected life of the brand name? Does the name fit into a larger family of names? Will it be used only in the U.S. or will it go global? Remember that today "global" can mean the Internet too. Who is your primary audience for the brand names? Are you creating a new category or joining an existing one? If joining a category, what are your competitors' names? What are the primary strategies for building your brand?

    Once you've completed your basic criteria or framework, you can proceed with the grueling task of a name dump of endless possibilities.

    Should A Name Be Literal And Descriptive Or Obscure And Emotional?

    My tendency tilts toward obscure and certainly emotional, primarily because I'm a strong proponent of distinctive brands. However, I also believe each case is unique and sometimes brand names get passed down and changing them would take an act of Congress.

    An Obscure Or Unfamiliar Word Can Be A Brand Home Run

    Consider Apple(tm), Nike(tm), Google(tm), FUBU(tm), and Yahoo(tm). They all have visibility/frequency, brand-story telling communication, and brand performance. They are all hugely successful brands but, started as small companies.

    Although not my favorite, literal and descriptive words can work in some brand naming situations. Generally, though proceed with caution because they can be more easily copied or imitated, leading to buyer confusion. Such confusion usually defeats the purpose of a sound brand.

    If you have a big branding budget, you can salvage or sustain a boring, generic, or literal brand name with some other compelling messaging. Take, for example, Southwest Airlines. Their consistently creative and "on brand" advertising has transformed a somewhat nonexciting name into a great brand name. However, most companies don't have the luxury of Southwest's media budget or have not engaged a great ad agency like GSDM in Austin, Texas.

    With that said, unless you have a big, endless budget, I say... Avoid like the plague:

    Dumb Generic Names

    Dumb generic names like Computer Solutions, Performance Printing or Innovative Technologies. I'm sorry if I've offended anyone, but these names will just make you spend more and work harder at building a brand. They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also con

    Approaching The Right Company Logo Design Firm: A Vital Step To Promote Your Business
    Entrepreneurs have an essential task on their hand when considering various strategies of their business promotion. The myriad chores of their work make them hire the services of outside firms to fulfill certain responsibilities on their part. Hiring the services of a logo design firm is one of the vital tasks that owners have to perform. As such, it's very necessary for entrepreneurs to thoroughly investigate the efficiency and service quality of these firms prior to avail of their services.First and foremost, it's up to the entrepreneurs to decide whether they want the services of traditional logo design firms or that of online ones. A number of business owners feel contented when they are able to keep an eye on their designers. It is understandable that many of them are hesitant to avail the services of online logo design firms, as they are situated miles away from them.However, it would not be incorrect to say that gone are
    and Home Run

    Consider Apple(tm), Nike(tm), Google(tm), FUBU(tm), and Yahoo(tm). They all have visibility/frequency, brand-story telling communication, and brand performance. They are all hugely successful brands but, started as small companies.

    Although not my favorite, literal and descriptive words can work in some brand naming situations. Generally, though proceed with caution because they can be more easily copied or imitated, leading to buyer confusion. Such confusion usually defeats the purpose of a sound brand.

    If you have a big branding budget, you can salvage or sustain a boring, generic, or literal brand name with some other compelling messaging. Take, for example, Southwest Airlines. Their consistently creative and "on brand" advertising has transformed a somewhat nonexciting name into a great brand name. However, most companies don't have the luxury of Southwest's media budget or have not engaged a great ad agency like GSDM in Austin, Texas.

    With that said, unless you have a big, endless budget, I say... Avoid like the plague:

    Dumb Generic Names

    Dumb generic names like Computer Solutions, Performance Printing or Innovative Technologies. I'm sorry if I've offended anyone, but these names will just make you spend more and work harder at building a brand. They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also con

    What Color is Your Yellow Pages Ad
    In the beginning, Yellow Pages ads were, well, yellow. With black type. Then, in an effort to jump start sales, the clever people who invented Yellow Pages in 1886, the Reuben H. Donnelly Corporation, figured an inexpensive way to add red to the ads. Red borders, red type. Higher rates.With the monopoly broken all over the country there are now Yellow Books, Yellow Pages, McLeodUSA Books and a whole bunch of smaller start ups. Some use new printing techniques making 4-color ads available, in some books. The Yellow Book, the fastest growing independent, does not have any color as a selling point (cheaper). All black, like the old days.Does color work? Who's to say. The research by the yellow pages people says, yes, worth the money. Competitive media can show numbers that contradict those claims.What is boils down to is the same question you have to ask about all of your advertising. Do you have a plan and is this part
    They don't have legs and will likely drown in the sea of sameness. Avoiding generics names is also critical in consumer-packaged products, especially when private label copycats by mass retailers are showing up. Many times the name can be the strong point of difference.

    Copycat Names

    I also think copycat names or those that sound like a competitor or some other big brand are not worthy of much.

    Names That Are Hard To Spell Or Pronounce

    Finally a name should be something most people can spell and certainly pronounce.

    Whatever route you take, be it working with a naming company, a creative consultant, rallying your troops and making it an internal company project, enlisting strangers in a naming contest, or combining several of these methods, you have created an extensive list of possible contenders. Now what?

    More Big Naming Questions

    How will the market receive the name? With supporting context, will the market get it?

    Will it jive with your strategic positioning of the brand? Are there negative connotations or associations with the name? Is it available to use? On the earth? On the Web?

    Once you've boiled down the list of prospects, you can organize nonscientific opinion polls (i.e., in shopping malls, bars, office gatherings). You can also conduct focus groups to test reactions further or you can do a pricey quantifiable study to gauge understanding acceptance, likability, or associations with your name prospect.

    Is there a magic, fool-proof method for testing names? No. In fact, sometimes too much analysis just delays decisions and defeats the whole mission of naming your brand before the next decade. I recommend that you test a little, listen a little to people you respect, listen to your gut feelings, and proceed with a choice.

    Great Brand Names

    1) Are emotional

    2) Stick in the brain

    3) Have personalities

    4) Have depth

    While The Brand Name Is Very Important, A Brand Cannot Survive On Name Alone

    The brand name and how the brand is executed are equally vital for a successful and sustained brand life. A great brand name can serve as the anchor to your cause, a symbol to your story, a point of difference in your marketplace, a memory trigger, or just one important part of your branding arsenal. Go get you a great one!

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