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How to Choose the Right Brand Name?

How to Choose the Right Brand Name?

Business Management

Brand; is the combination of names, terms, symbols and shapes that identify the goods of a manufacturer or seller and differentiate them from others' goods. Brand name is smaller in scope than the brand and is the part of the brand that can be spoken and is an important indicator of brand value. The name that reflects the functional features of the product related to the brand and the values adopted by the brand enables customers to establish a connection between the category and the brand. To find a brand name, first; it is necessary to comprehensively research the brand's positioning purpose, the associations it wants to create, its image, how the brand and product will integrate, the current and potential functions of the product, the features and names of competing brands, and the target audience. With the importance of brand name being realized over time, more and more companies are now spending significant resources to create effective brand names. There are even experts who do scientific research on brand name creation, and the naming process is meticulously followed by brand experts.

Finding a name for a brand is a professional job, but most often company owners can choose any name they like as a brand name. There are some important issues that need to be applied in creating a brand, and this work should definitely be done by brand experts. Since many difficulties are experienced in brand name selection, systematic research should be done before making a selection. The brand name being simple, easy to pronounce, memorable, distinguishable, registrable, and not having a negative meaning in any language are among the top of these researches. When creating a brand name, companies should first research how candidate names are pronounced in different languages and whether they have an inappropriate meaning. Whether a brand has a local or foreign name or is perceived as such is also very important for customers.

Importance of Brand Name

The importance of brand name, which conveys the promises offered by the brand to consumers, is quite great in the eyes of consumers and producers. Brand names help consumers identify products more easily and assist them in their choices. A good brand name greatly influences consumers in purchasing situations. Brand names that consumers know and believe will meet their needs will be chosen before other brands. Brand name provides various information to the buyer about product quality. Buyers who always buy the same brand are aware that they will get the same quality with every purchase. On the other hand, the brand name enables the consumer to recognize the quality and reliability of the product. Therefore, when the consumer sees the products on the shelf or in presentation, they recognize a certain quality or trust.

Information provided by the brand name enables consumers' evaluations of products to be recalled instantly from memory. Thus, it ensures that consumers do not spend a lot of time researching the product they are considering buying. Even when only the brand name is in the consumer's memory, this name directly affects the consumer's decision on which product is satisfactory. Therefore, the brand makes it easier for the consumer to choose the product and repeat the purchase. Choosing an appropriate brand name is the first stage of marketing strategies. Highly recognized brand names not only reduce marketing expenses. Along with this, they ensure the expansion of the company's customer portfolio and increase customer loyalty. The brand name can be legally owned by the manufacturer and proves that the product belongs to the manufacturer. In other words, whatever the basic purposes for using the brand name from the manufacturer's perspective, the name can be legally used. Therefore, as an important part of the manufacturer's legal property, the brand name fulfills the function of legal protection against unfair competition and violations in the competitive environment and secures the value of the manufacturer and the brand.

What Should Be in a Brand Name

The brand name ensures that the benefits, image and efficiency of the products are conveyed to the consumer. Well-chosen brand names have a positive effect on the power of products. An effective brand name shows consumers the quality of the goods or services offered to them. When quality levels are equalized, the brand comes to the fore and assumes the function of preference reason. It is clearly evident that a well-named brand is stronger and longer-lived. A good brand name shows that the company knows what it is doing and what it offers to the consumer. A good brand name differentiates a company or product from its competitors. Products compete in the market on price, quality, service or performance. Thus, a brand name can enable distinct separation from competitors.

Effective brand names can create a positive image for the product and increase brand awareness, while ineffective brand names can have negative effects on the brand's success. When choosing a brand name, distinctive, easily memorable and meaningful names should be preferred. Because the most important factor affecting word memorability is undoubtedly meaningfulness. Meaningfulness includes many features such as the ability of a word to create an image in the mind, the ability to establish semantic relationships, and the frequency of use in language. Issues such as how relevant the name is to the product category and how difficult it is to pronounce are also very important.

On the other hand, short names are both easy to pronounce and easy to remember. Some names may have two syllables but the number of letters in them can be very high, and accordingly, even if the number of syllables is low, this name may be difficult to remember. There are also names that are memorable by attracting attention and making a difference despite being long. There are also successful names that are different and whose fun structure matches the brand identity. Also, personal names can find a place in memory due to their recognition despite being long. The most important point to note here is that this name should not be a very common name in the brand world.

Finding a Memorable Brand Name

The perfect brand name finding process reveals the need for a large amount of research, brainstorming, testing, feedback, and if necessary, recreation of the entire process. So, how do you find a memorable brand name? The headings to pay attention to in this process are as follows:

  1. Keep It Short and Simple: The human brain can store thousands of words and a native English speaker knows approximately 35,000 words. In this pile of words, short and simple ones are memorable before complex ones. Therefore, take the time to choose a name that can be simply combined with not only a name that rolls off the tongue but also other brand elements that customers emotionally respond to. Confirm whether your name is simple and understandable by others.

  2. Get Inspiration from Brand Name Generators: Finding brand name ideas is not an easy job. This process can sometimes take a long time. It can take weeks or even months. Brand name generators provide possible name suggestions based on data about your business, so they are quite a good start. You can get brand name ideas by searching for your specific industry and keywords.
  3. Get Feedback: When you get enough feedback, this provides you with an example of how customers collectively perceive your brand. However, to maintain brand integrity, feedback should come from brand professionals, customers and your team, not from family and friends. You can get recommendations from brand name experts as they provide functionality testing, customer testing and other auxiliary services that will make your naming journey smooth. On the other hand, feedback will give you important information about the tone and perceived meaning of your brand name.
  4. Avoid Trends: Trends come and go, so don't stick to one at any cost and don't use trend words that are guaranteed to go out of fashion in the coming years in your brand name.
  5. Think of Readable Words: Be careful to keep your brand name readable and easy to pronounce. Your customers should not be confused when pronouncing your name or recommending it to someone else.

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