Before finalizing your brand name, conduct a thorough analysis of your competitors’ names and branding strategies. Understand what works well in your industry and how you can differentiate yourself. The name you choose has to create a positive perception towards the brand.
Selecting the wrong name for your brand can be a costly mistake. Changing a brand name is like hitting the reset button on your business, requiring significant time, effort, resources and a lot of money to rebuild your brand identity from the ground up.
Acronym Names:Examples include HDFC, IBM, BSNL, and BMW. They're concise and suitable for any industry. Invented Names: Think Flipkart, OYO, Infosys, Verizon, and Google. These names stand out and are easier to trademark. Evocative Names: Mahindra, Tata, Maruti, Apple, and Nike evoke emotions and associations rather than describing the product. Descriptive Names: Names like State Bank of India or Tata Motors describe the company's offerings but may lack uniqueness. Lexical Names: These playful names, like Big Bazaar, Rasna and Parle combine sounds or meanings to create memorable brands. Founder Names: Murugappa, Saravana Stores, Pothys, Krishna Sweets and Nalli are examples of brands named after their founders, adding a personal touch. Geographical Names: The Times of India, Madras Rubber Factory (MRF), Coimbatore Capital Limited are brands tied to specific locations, which can convey heritage or expertise.
At Gripples, we understand the importance of selecting the right brand name. Our Brand Name Selection Services help businesses navigate the complexities of naming, ensuring they find a name that resonates with their audience and sets them apart from the competition. Contact us today to learn more about how we can help you create a memorable brand identity.
