April 12, 2011

How to Choose a Company Name


I was working on Country Life Restaurant’s Marketing plan the other day and was having difficulty deciding what the inside of the establishment should look like. I was considering the foods they offered and wondered why they called themselves “Country Life”. Their menu offers food from around the world such as coconut curry from India, enchiladas from Mexico, Brazil nut meatballs from Brazil, and French Provencal pasta from France. When I think of country foods the first thing that comes to mind is comforting foods such as steak and potatoes or fried chicken. Now being a vegan buffet, this is obviously not possible.

I found an article on how to choose a company name. You can read it here
It says that to test out a company’s name, first ask if it posses these qualities:
Simple –- one easy-to-understand concept
Meaningful –- customer instantly “get it”
Imagery –- visually evocative, creates a mental picture
Legs –- carries the brand, lends itself to wordplay
Emotional –- empowers, entertains, engages, enlightens


Then scratch the name if it’s got these deal-breakers:
Spelling-challenged — you have to tell people how to spell it
Copycat – similar to competitor’s names
Random – disconnected from the brand
Annoying – hidden meaning, forced
Tame – flat, uninspired, boring, nonemotional
Curse of knowledge – only insiders get it
Hard-to-pronounce – not obvious, relies on punctuation

If you were going to rename Country Life Restaurant – what would you name it?

In Response to Rachelle Beaudoin...

Rachelle talked about mobile marketing and how companies are using the new smart phones as a way to advertise on a device that most people use constantly. She asked, “What other ways do you think mobile marketing can help?” She had already brought up ads on free apps, but I would like to talk about the advertisements on web pages that show up even on a mobile device.

According to MobileMarketingWatch.com new research estimates that a total of $3.3 billion has been spent on mobile marketing in 2011. 1/5 of this number is contributed by American Corporations. They project that by 2015 that number will jump to $20.6 billion. Clearly the mode of advertising is shifting to our mobile devices, such as a Smartphone, laptop, or the iPad. With the capability to reach masses in such a short time is a powerful tool that businesses are using. Even at Keene State College you can see a trend towards using our mobile device. There is a class offered here called Apple Development that is a course that is all about making apps on an iPhone.

Is anyone considering going into the mobile marketing industry? What do you hope to contribute in that field?