Five Hidden Pitfalls When Naming Your New Company Or New Product

You're exhausted from several rounds ofmoniker to 3M, a name that fits just about any
brainstorming and finally pick a name that seemskind of innovation or invention. Banks often run
to convey what you want to say. Your legalinto this pitfall when they tie their identity to a
eagles clear it, and you start incorporating thetown or county and try to expand into territory
name everywhere - on the web, on T-shirts, onthat belongs to another area in customers' minds.
stationery and business cards and inExamples of restrictive restaurant names that
correspondence with potential investors orseemed advantageous until tastes changed include
customers.Pizza Hut, which is now struggling to be known for
But oops! You didn't notice that your name carriesother foods besides pizza, and any name
one or more of these five slowly sabotagingcontaining "pasta," which used to sound European
disadvantages...but now sounds fattening.
Hidden Pitfall #1: The name can't be said aloudHidden Pitfall #4: There's an embarrassing
fast and clearly. Ever called a law firm only to beconnotation you weren't aware of. Although
totally unsure what the receptionist said whenEnglish is spoken and written in many parts of the
picking up the line? Certain combinations of soundsworld, regional and national differences include
are tongue twisters to say quickly and do notslang or obscenity that's unknown across the
come across clearly to the ear.ocean. This pitfall trips up some local or national
For instance, if you named your retail shop Maps,companies that may do fine until they try to
Books, Mugs, Bangles, this four-word name mightbecome known online, where people in another
look great on signage and in newspaper ads. Butcorner of the world begin to get shocked or
anyone whose job it was to pick up the phonesnicker at the name.
and say it fifty times a day would soon be inFor example, the founder of Nobscot Corporation
despair. Someone once told me that when Icame from New England, where Nobscot is an
reeled off the name of my publicity book, theyhonorable Native American place name. However,
heard it as Six Debts to Free Publicity instead ofshe later learned that in old England, the name
Six Steps. I learned to pause an extra millisecondraises eyebrows because "nob" is slang there for
after "six" to get the name across. But I don'ta part of the male anatomy. Likewise, My Daily
think it's viable to try to salvage Maps, Books,Flog, a photo sharing site, is not likely to become
Mugs, Bangles in that way.popular in Australia, where "flog" means a solitary
Hidden Pitfall #2: People can't spell it. Pity the folkspractice not normally discussed in polite company.
at Cuil, a search engine trying to take businessHidden Pitfall #5: You don't really like it. Before
away from Google. "Cuil is an old Irish word forcommitting to your top name choice, try it out
knowledge," says the company on its About page.for a couple of days in casual conversation. You
Newspaper articles about the company note thatmay find you feel embarrassed about it or shy
it is pronounced like "cool." To most Americans,about saying it. To make the new product or
however, it looks like a nonsensical andcompany successful, you must feel 100%
unpronounceable combination of letters.comfortable talking about it, so this won't do. You
When the Internet is key to a company'sneed a different name. I've seen people invent a
success, a hard-to-spell name can be a fatalbusiness identity that they can't bring themselves
obstacle. If someone gets interested and hearsto spread wholeheartedly - and their whole
the company name as Quill or Cool and looks atinvestment goes to waste.
or cool.com, the company has lost the benefit ofTake extra time during naming to make sure
that publicity or word of mouth. Quite a differentyou've thought of every way in which you plan to
kind of spelling problem comes up when someoneuse a name and that the name works in those
hears 24-7 Cleaning and doesn't know whether tocontexts. This ensures you won't face a choice
look for it as starting with "2" or "t" and whetherbetween continuing with a name that's slowly
it contains a hyphen or a slash between 24 and 7.sapping the potential of what it stands for or
Hidden Pitfall #3: The name restricts growth.taking on the expense of rebranding what you've
Minnesota Mining and Manufacturing quickly grewalready put out into the world.
beyond selling sandpaper and wisely changed itsName your company or product so it can last!