you name it

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You Name It A No-Nonsense Approach to Naming Your Small Business, Product or Service with a Big Idea Spring 2010 Scott Milano Managing Director Tanj Branding LLC [email protected] www.tanjbranding.com www.twitter.com/tanj_nyc

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A No-Nonsense Approach to Naming Your Small Business, Product or Service with a Big Idea. By Tanj Branding LLC

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Page 1: You Name It

You Name ItA No-Nonsense Approach toNaming Your Small Business,Product or Service with a Big IdeaSpring 2010

Scott MilanoManaging DirectorTanj Branding LLC

[email protected]

www.twitter.com/tanj_nyc

Page 2: You Name It

2Copyright © 2010 Tanj Branding LCC. All rights reserved.

Hi, Iʼm Scott Milano

Page 3: You Name It

3Copyright © 2010 Tanj Branding LCC. All rights reserved.

I work with language. I work with brands like these…

the James Irvine foundation

Page 4: You Name It

Verbal Branding: Whatʼs that?

4Copyright © 2010 Tanj Branding LCC. All rights reserved.

Verbal Branding ishow a brandharnesses thepower of languageto communicatewith the world.

Sir Mortimer MarcusAurelius Lambent III

Page 5: You Name It

How does a brand “harness” the power of language?

5Copyright © 2010 Tanj Branding LCC. All rights reserved.

Brand NameBrand Story

TaglineBrand Voice

Key Brand MessagesCopy in Communications

Page 6: You Name It

Copyright © 2010 Tanj Branding LCC. All rights reserved. 6

Brand Names

Page 7: You Name It

Copyright © 2010 Tanj Branding LCC. All rights reserved. 7

Think about all these famous brands

Page 8: You Name It

Copyright © 2010 Tanj Branding LCC. All rights reserved. 8

Now strip away the color…

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Coca-Cola

McDonald's

GAP

TOYOTA

Colgate

bp

BMW

Citibank

Volkswagen

SONY

adidas

GUCCI

Disney

at&t

Mercedes-Benz

NOKIA

BOEING

Kelloggʼs

Kodak

Merrill Lynch

Microsoft

intel

Leviʼs

Pfizer GoldmanSachs

KRAFT

Gillette

KFC

ROLEX

Starbucks

And the form… and your left with one thing: the name

Copyright © 2010 Tanj Branding LCC. All rights reserved. 9

Page 10: You Name It

The importance of a name

10Copyright © 2010 Tanj Branding LCC. All rights reserved.

Brand names areimportant. Theyare the first publicact of branding.They are at thecore of all brands.

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The importance of a nameSurvey of the “Biggest effects on hit products”

11Copyright © 2010 Tanj Branding LCC. All rights reserved.

Marketing Professionals (139 respondents)

Source:The Japan Economic Times

Brand Name

Brand Slogan

Brand Character

Brand Logo

Brand Symbol

Package Design

0 20 40 60 80 100%

Page 12: You Name It

Youʼre here today to learn a…

12Copyright © 2010 Tanj Branding LCC. All rights reserved.

No-nonsense, practicalapproach to naming your

small business, product orservice with a big idea

Page 13: You Name It

Youʼll need…

13Copyright © 2010 Tanj Branding LCC. All rights reserved.

$¥£€

+

$¥£€

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First, “time.”

14Copyright © 2010 Tanj Branding LCC. All rights reserved.

Page 15: You Name It

Tip 1. Get Strategic

15Copyright © 2010 Tanj Branding LCC. All rights reserved.

Page 16: You Name It

Tip 1. Get Strategic

16Copyright © 2010 Tanj Branding LCC. All rights reserved.

Ask yourself…

Be Different

Be Relevant

What are mycompetitorsʼnames?

What do mycustomers reallywant?

Page 17: You Name It

Tip 2. Get Thinking

17Copyright © 2010 Tanj Branding LCC. All rights reserved.

Page 18: You Name It

Tip 2. Get Thinking

18Copyright © 2010 Tanj Branding LCC. All rights reserved.

Ask yourself…

DevelopCreativeThemes

(Like “Intelligent & Fresh”)

Allow for Stretch(You may even go into

Airlines!)

Whatʼs theessence of mybrand?

Where will it go inthe future?

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Tip 3. Get Creative

19Copyright © 2010 Tanj Branding LCC. All rights reserved.

Page 20: You Name It

Tip 3. Get Creative

20Copyright © 2010 Tanj Branding LCC. All rights reserved.

Now you have to…

Set Aside Time,Sit Down,And ActuallyCreate Names…

Lots of them!Itʼs about Quality & Quantity.

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Think about all the different kinds of names you can create

21Copyright © 2010 Tanj Branding LCC. All rights reserved.

Construct

Acronym

Real Word

Coined(compound)

Coined(one-word)

Phrase

BMW

Mini

Lexus

Land Rover

HybridSynergyDrive

Expression

Functional

Benefit

Aspirational

Descriptive

Suggestive

Acura

Volkswagen

Infiniti

GeneralMotorsCorporation

Lotus

Page 22: You Name It

Creativity vs. Communication

22Copyright © 2010 Tanj Branding LCC. All rights reserved.

Remember, the more “creative” your name is, the more money youʼll likelyspend to build meaning into that name and develop you brandʼs story…

Also remember, the more “descriptive” your brand name is, the more genericand commoditized it can become…

$80,000,000*(ad spend during

launch)

* http://www.digidaydaily.com/stories/microsoft-s-80-million-ad-spend-paying-off-for-bing/

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Now that youʼve got all these great names…

23Copyright © 2010 Tanj Branding LCC. All rights reserved.

Page 24: You Name It

Tip 4: Shortlist & Decide

24Copyright © 2010 Tanj Branding LCC. All rights reserved.

Shortlist and select the final candidate based on the criteria mostimportant to your business and your brand

TrademarkAvailable?

Quick GoogleSearch?

Consumerevaluation?

URL available?

Memorable?

Fit to Brand?

Easy toPronounce?

No NegativeMeaning?

Allows forStretch?

Fit to Strategy?

Page 25: You Name It

If a candidate meets all your criteria and rises to the top…

25Copyright © 2010 Tanj Branding LCC. All rights reserved.

Nice work!Youʼve got yourselfa new brand name!

Page 26: You Name It

Now letʼs review

26Copyright © 2010 Tanj Branding LCC. All rights reserved.

1. Get Strategic

2. Get Thinking

3. Get Creative

4. Shortlist & Decide

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Now… the “Money”

27Copyright © 2010 Tanj Branding LCC. All rights reserved.

$¥£€

$¥£€

$¥£€

$¥£€

$¥£€

$¥£€

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Costs to keep in mind (sorry, rough numbers only)

28Copyright © 2010 Tanj Branding LCC. All rights reserved.

• Creative Development (just you)

• Creative Development (pro help)

• Linguistic Screening (pro help)

• Trademark Screening (pro help)

• Trademark Registration (just you)

• URL Registration (just you)

0

$,$$$ - $$,$$$

$$$ - $,$$$

$$$ - $,$$$

$$$ - $,$$$

$$

Page 29: You Name It

A final note…

29Copyright © 2010 Tanj Branding LCC. All rights reserved.

Naming is deceivingly difficult. And it becomes even harderwhen you have to name something for yourself. But now thatyou have some general tips and direction on how to name yournew small business, product or service, weʼre confident youʼllbe able to create a big idea. Best of luck, and if you run intotrouble along the way, feel free to drop us a line.

Scott [email protected]://tanjbranding.comhttp://twitter.com/tanj_nyc

Page 30: You Name It

Thank you!

Scott MilanoManaging DirectorTanj Branding LLC

[email protected]

www.twitter.com/tanj_nyc