The one thing that everyone has in common is that we are all consumers; we all buy. Every day, from daily small purchases, like your morning coffee and newspaper, to big monthly or yearly purchases, like a television or a car. But what influences your decision on what and where to buy. Surely, you have tastes and preferences but with all the competition for your purchasing power it is often small differences in the product that ultimately influence your decision.
Let's say you walk into a grocery store to buy a soda. Although there may be dozens of sodas to choose from you'll most likely reach for a familiar brand such as Coca-Cola or Pepsi. The reason? You are familiar with these brands and trust them. You recognize the company name and logo and you choose these products based on your familiarity.
With that in mind, here are some suggestions for a new company trying to build a brand, a company name, and a logo:
1. Choose a company name that is easily remembered, short, and pronouncable. You want to make it as easy as possible for people to remeber you. A long name such as "Industrial Widget Manufacturing and Distribution Company" isn't as memorable as memorable as a short and snappy company name such as "Widget Enterprises." When people remember you they become familiar with you and will likely choose you over a competitor.
2. Be different with your logo. Don't use the same unimaginative symbols that almost everybody else uses. For example, if your logo is a globe be assured that you won't be remembered. There are thousands, if not millions, of companies that use an image of a globe in their logo. Try something different. Try using animals, such as monkeys. If you look at my business website, www.trade-pals.com, you'll see that my logo is two monkeys in business suits. This image stands out and is memorable. And I'm not competing with other businesses for a memorable logo because there are no other business websites that use images of monkeys in their logos.
3. Don't use a hard to spell name. This is the easiest way for people searching for your business not to be able to find you. For example, "Wojtiecz & Boerschevsky Insurance" would be an example of a North American insurance brokerage with two principals using their European last names in their company name. North American won't be able to look up your company because they won't be able to spell it. Instead, how about something like, "Insurance Hub of Chicago"? This won't be misspelled and anybody searching for you will find you.
Be creative, be memorable, and be recognizable and you will be on your way to creating a great brand for your business.
Tino Buntic is the creator of http://www.trade-pals.com. His unique love of monkeys drove him to create a logo with two monkeys in business suits in his company logo.



Last issue, I talked about increasing your Brand Love-- meaning... Read More
Colour is essential to building a strong brand.Many of you... Read More
Branding Services is a tactic that marketing executives and managers... Read More
One of fiction's finest marketing minds, The Cheshire Cat, once... Read More
Do you have any idea how important your company logo... Read More
Conjure up in your mind broad rolling meadows with runs... Read More
If you think only big corporate names need to think... Read More
Look at your company logo. Does it fade into the... Read More
Gaining new clients that are excited about developing a corporate... Read More
Make More Money Making a Name for YourselfCalling all realtors,... Read More
The new branding awareness is about when you take ownership... Read More
Propose success, demand performance, and brand your market with appeal.... Read More
Every Christmas Eve, a burglar named Santa busts into homes... Read More
Hiring a brand identity company is very important. In every... Read More
Acquiring another corporation usually means that the acquiring company's name... Read More
So you've decided to go for it-you're ready to choose... Read More
June 13, 2005 -- Jane Chen (Producer) of the Red... Read More
What does it mean to be remarkable?Brian Scudamore, CEO and... Read More
Starting a business can take a lot of time, money,... Read More
As a beginner, you would be forgiven for thinking that... Read More
Today, in many organizations around the world, branding is treated... Read More
So... how have you been building your brand lately?Now, I'm... Read More
I love Pepsi. It's that slightly sweeter taste and the... Read More
When building a business as a brand it's important to... Read More
Americans have always liked their coffee hot. But then Starbucks... Read More
How many times have you been at a networking function... Read More
Pick up almost any book or report on Mailorder Selling... Read More
Every company has a brand (how people think of them)... Read More
A list of customers who have previously bought from you... Read More
A branding company's website purpose is to design websites that... Read More
Branding is one hot topic, although it is wildly misunderstood.... Read More
In a world of co-branding, point of destination strategies and... Read More
Your brand is the culmination of everything about you and... Read More
The Sears-Kmart merger hopes to fabricate some sort of silver... Read More
If you think only big corporate names need to think... Read More
To stand out in a cluttered world, become a recognized... Read More
Design is a very subjective thing, therefore, if you ask... Read More
I am sick and tired of marketing geeks touting the... Read More
I have never been a fan of Paris Hilton.I see... Read More
Discovering and owning a powerful word that reflects you and... Read More
Here's a little story about what not to do as... Read More
Developing brand strategy is extremely critical. The most important asset... Read More
Americans have always liked their coffee hot. But then Starbucks... Read More
So you've decided to go for it-you're ready to choose... Read More
The marketing director for one of my longtime clients used... Read More
Visual elements are a major part of your business's brand... Read More
I love Pepsi. It's that slightly sweeter taste and the... Read More
Today's competitive marketplace for consulting services is no longer responsive... Read More
Propose success, demand performance, and brand your market with appeal.... Read More
It's the question that is on the minds of all... Read More
|
|