Marketing Speaker | Marketing Coach | Professional Services Marketing

Marketing Coach: How to Create a Great Company Name

How to create great company name As a marketing speaker and marketing coach, clients often ask me for branding and naming advice to help create a great company name.

Where do awesome business names come from?

Names like...

The Cookie Machine
The Video Advisor
CareerNavigator
SalesGPS
The Coffee Hangout
Guitars After Dark
The Fitness Foundry

I've seen solopreneurs and companies go through the branding/naming (or re-branding/re-naming) process smoothly and efficiently in less than a week - and I've also seen train wrecks that needlessly dragged on for months.

How to get started

First, take a look at two blog posts to help you set the stage for an easy, effortless, enjoyable naming and branding process:

Instant Branding Toolkit

Building Your Brand Sandwich

How not to screw it up

Here are some ideas to dig into for the "how" or "do's and don'ts" of the naming process...

At first, sit down with your leadership team. No spouses. No customers. No low-level employees. 5 people maximum.
Generate ideas for your raw branding/naming "building blocks" (as outlined in my "Instant Branding Toolkit" blog post)
Work over the list until you have 10 strong candidates.
Whittle the list down by eliminating 5 of them - the process is "1 vote to eliminate." If there are no objections from the rest of the group, it's gone. If there are objections, then it is up to those individuals to argue the case for "saving" that name until the vote is unanimous either way. This voting/defending process makes things go MUCH faster. And it gets you to focus on much stronger names faster.
With your top 5 candidates, do a customer survey. Not your spouse, your brother-in-law, your Uncle Marvin who used to be an ad agency exec, not your sister who is a brand manager for Tide. Actual, real, live customers.
Take the top 2 scoring names from the customer survey and do an in-house survey with your own team. Use ONLY customer-facing executives. Sales reps are great. Customer service people are great. Field service people are great. Ask them two simple questions: 1. "Given what you know of our customers and prospects, which one of these two names will resonate with them the most?" 2. "Why?"
Compile your results, make your decision, announce your winner, and start your transition to your new name.

Boom - done!

What do YOU think? Agree? Disagree? Comment? Rant? Rave? Awesome... go ahead and use the COMMENTS area below and let's discuss...

Tags: marketing for speakers, thought leadership marketing, marketing agency, marketing professional services, trusted advisor marketing, marketing coaching, branding, marketing coach, motivational speaker marketing, speaker marketing, marketing consultant, marketing for authors, marketing for consultants, marketing tips, brand strategy, naming

Business Book Review: Radical Careering

doit marketing business book reviews Here's another in my series of marketing and business book reviews - but not just any old business books.

Fire starters...

Game changers...

Show stoppers...

Books that will transform the way you think about your work, about your business, and - yes - about your life.

Ready? Take a look...

What do you think? Please leave a COMMENT below to share your experiences with this book, with this author, or with other game changing books that YOU recommend...

Tags: marketing for speakers, marketing speaker, marketing success, thought leadership marketing, professional services marketing, trusted advisor marketing, branding, big business, professional speaker marketing, marketing coach, marketing strategist, marketing for authors, marketing for consultants, doit marketing, do it marketing, business book review, brand strategy, business, best business books

Do It Marketing - What's in a Name?

DoIt Marketing do it marketing As a marketing speaker and marketing strategist, clients regularly ask me about the topic of company naming. And, naturally, people would like some free ideas for company naming, so for those folks, you can pop right over to this post.

I'll wait...

Oh, good - you're back!

The next question they ask is, "David, you've got a great company name in DO IT Marketing (alternatively spelled DOIT Marketing or doitmarketing which is not correct but that's OK - you're cool)... how did that name come to be?

Well... here's a confession. I'm sort of a company name change freak. Or I was very confused as a young child. Or I get bored easily.

Since 2001, when I started my entrepreneurial adventure, I've changed my branding more than is wise. Before DOIT Marketing, the company was known as UNCONSULTING.

When I changed to that name, I took the opportunity to poke some fun at myself. After announcing the change to my email subscribers and all my current and past clients, I "hacked" my own website and replaced the content with some BIG graphical billboards.

These made it look like some goon squad named UNCONSULTING had replaced all the blah-blah-blah marketing copy that you typically find on most marketing firms' websites with a wild-eyed manifesto for marketing revolutionaries.

Here is just one of about six that I created before the launch of DOIT Marketing:

doit marketing unconsulting

People LOVED it. It was contrarian, startling, and funny.

A current example of this is the good people over at www.shitcreekconsulting.com. Also, very funny - and people share that link and tell their friends and colleagues.

The problem is - people can't tell if it's a gag or a real consulting firm...

Bummer.

So they don't buy...

BIGGER bummer.

And that was the same problem I had with UNCONSULTING. People chuckled - but they had no idea what the hell it was or why they needed it. And the clue was - they didn't need it. Why? Because I was articulating what I was the OPPOSITE of - like the Uncola - not what I was.

So we changed it to DOIT Marketing almost 5 years ago and the difference has been profound.

It says what it is - Marketing.

It gives you a feeling - action, movement, and getting things DONE.

And it's a handy acronym for a small business marketing philosophy that is systematic, approachable and repeatable:

DOIT Marketing means Define - Organize - Implement - Track.

There's even a handy dandy visual with a clear explanation of these four phases right on the DOIT Marketing professional services page here.

So the next time YOU are faced with (re-)naming your company, your products, your services or your brands, don't be clever - be smart!

What do YOU think?

Use the COMMENTS area below to share your advice, insights and experiences on this topic...

doit marketing speaker marketing coach

Tags: marketing concept, marketing coaching, small business marketing expert, branding, marketing consultant, small business marketing, doit marketing, do it marketing, small business marketing speaker, small business marketing coach, naming

Marketing Concept: 8 Mistakes to Avoid When Naming Your Business

Guest post by Phillip Davis

Naming a business is like laying the cornerstone of a building. Once it's in place, the entire foundation and structure is aligned to that original stone. If it's off, the rest of the building is off, and the misalignment becomes amplified. So if you have that gnawing sense that choosing a name for your new business is vitally important -- you're right. With 18 years in the naming and branding business, I've witnessed the good, the bad, and the really bad. Here's how you can avoid the worst of the mistakes and get off to a good start.

Mistake #1: The Committee (Getting all your clients, employees and family members involved)

We live in a democratic society and it seems like the right thing to do- involving everyone in an important decision. This approach, however, presents a few problems. The first and most obvious fact is that you will end up choosing only one name -- so you risk alienating the very people you are trying to involve. Second, you often end up with a consensus decision, resulting in a very safe and very vanilla name. A better method is to involve only the key decision makers, the fewer the better, and select only the people you feel have the company's best interests at heart. The need for personal recognition can skew results-- so you are best served by those who can park their egos at the door. Also make sure you have some right brain types in the mix. Too many left brains and the name often ends up too literal and descriptive.

Mistake #2: The Train Wreck (Taking two words and colliding them head on)

When forced to come up with a creative name, many aspiring entrepreneurs will simply take part of an adjective and weld it onto a noun. The results are names that have a certain twisted rationale to them, but look and sound awful. Someone starting a high end service franchise then becomes QualiServe. It's a bit like mixing chocolate syrup with ketchup- nothing wrong with either but they just don't go together. Other common truncations include Ameri, Tech, Corp, Tron, etc. The problem with this approach is that it’s simply forced – and it sounds that way.

Mistake #3: Where's Waldo? (Names so plain they'll never stand out in a crowd)

The first company in a category can get away with this one. Hence you have General Motors, General Electric, etc. But once you have competition, it requires differentiation. Imagine if Yahoo! had come out as GeneralInternetDirectory.com? It would be much more descriptive, but hardly memorable. And with the onslaught of new media and advertising channels, it's more important than ever to carve out your niche by displaying your uniqueness. Nothing does that better than a well conceived name.

Mistake #4: The Atlas Approach (Using a map to name your company)

In the zeal to start a new company, many businesses choose to use their city, state or region as part of their name. While this may actually help in the beginning, it often becomes a hindrance as a company grows. One client came to me with complaints he was serving more of the market than his name implied. He had aptly called it St. Pete Plumbing since he hailed from St. Petersburg, Florida. But yellow page shoppers assumed that was also his entire service area. With a little creative tinkering we changed the image of St. Pete from a city to the image of St. Pete himself, complete with wings and a plumber's wrench. The new tag line? "We work miracles!"

Other companies have struggled with the same issue. Minnesota Manufacturing and Mining was growing beyond their industry and their state. To avoid limiting their growth they became 3M, a company now known for innovation. Kentucky Fried Chicken is now KFC, de-emphasizing the regional nature of the original name. Both of these companies made strategic moves to avoid stifling their growth. Learn from them and you can avoid this potential bottleneck.

Mistake #5: Cliché you say? (A good name is worth a thousand words)

Once past the literal, descriptive stage, the thought process usually turns to metaphors. These can be great if they are not overly used to the point of trite. Since many companies think of themselves as the top in their industry, the world is full of names like Summit, Apex, Pinnacle, Peak, etc. While there is nothing inherently wrong with these names, they are just overworked. Look for combinations of positive words and metaphors and you will be much better served. A good example is the Fortune 1000 data storage company Iron Mountain, which conveys strength and security without sounding commonplace.

Mistake #6: Hide the Meaning (Make it so obscure, the customer will never know!)

It’s great for a name to have a special meaning or significance. It’s sets up a story that can be used to tell the company message. But if the reference is too obscure and too hard to spell and pronounce, you may never have the opportunity to speak to that customer. They will simply pass you by as irrelevant. So resist the urge to name your company after the mythical Greek god of fast service or the Latin phrase for “We’re number one!” If a name has a natural, intuitive sound and a special meaning, it can work. If it’s too complex and puzzling, it will remain a mystery to your customers. This is especially true if you are reaching out to a mass audience.

I pushed the envelope a little on this one myself, naming my branding firm Tungsten, after the metal that Thomas Edison used to create brilliant light. However, my clientele consists of knowledgeable professionals who appreciate a good metaphor and expect a branding firm to have a story behind its name. It’s also a way to differentiate my services (illuminated, bright, brilliant). So while it works for a branding firm, it would not do well as an ice cream parlor.

Mistake #7: The Campbell’s Approach (Using alphabet soup to name your firm)

This is a trend that is thankfully wearing off. Driven by the need for a matching domain name, many companies have resorted to awkwardly constructed or purposefully misspelled names. The results are company names that sound more like prescription drugs than real life businesses. Mistake #2 sometimes gets combined with this one and results in a name like KwaliTronix. (Or worse- mistakes #2 , #4 & #7, resulting in KwalTronixUSA). It’s amazing how good some names begin to sound after searching for available domain names all night. But resist the urge. Avoid using a “K” in place of a “Q” or a “Ph” in place of an “F”. This makes spelling the name, and locating you on the internet, all that much harder.

It’s not that coined or invented names cannot work, they often do. Take for example, Xerox or Kodak. But keep it mind, names like these have no intrinsic or linguistic meaning, so they rely heavily on advertising – and that gets expensive. Many of the companies that use this approach were either first in category, or had large marketing budgets. Verizon spent millions on their rebranding effort. So did Accenture. So check your pocketbook before you check into these type of names.

Mistake #8: Sit On It. (When in doubt, make no change at all)

Many business owners know they have a problem with their name and just hope it will somehow magically resolve itself. The original name for one of my clients was “Portables”, which reminded some people of the outdoor restrooms or the portable class rooms- neither one a good association. This added to the confusion when phone operators tried to explain their new concept of moving and storage. After some careful tweaking, we came up with the name PODS, an acronym for Portable On Demand Storage. The rest is quickly becoming history as they expand both nationally and internationally. Peter Warhust, President and one of the original founders states, “For the record, changing our name to PODS was one of the best moves we ever made”.

Exercise Experience, a former Florida based company, was frequently confused with a health club. In reality, they sold very high-end fitness equipment. This brings up a very key point -- it’s better to have a name that’s gives no impression than a name that gives a wrong impression. Much of the ad budget we spent on Exercise Experience was used to clarify that they sold fitness equipment. This was valuable airtime that could have been put to better use selling the equipment rather than explaining the business. Ultimately, the company folded. It’s not to say it was solely because of the name, but I believe it was a factor.

Mike Harper of Huntington Beach, CA, bought a thirty-year old janitorial and building maintenance company named Regency. We both agreed it sounded more like a downtown movie theatre than a progressive facilities management firm. After a thorough naming search, we developed the name Spruce Facilities Management. Spruce not only conveyed the environmentally friendly image of a spruce tree, (something important to the client), it also meant “to clean up”. The new tag line fell right in place – Spruce… “The Everclean Company”.

It’s only a matter of time before Southwest Airlines and Burlington Coat Factory and others who have successfully outgrown their original markets begin to question their positioning. Much like 3M and KFC, they may need to make a change to keep pace with their growth and image.

In the fever to start your new business or expand a current one, take time to think through some of these issues. According to the late Henry Ford, “Thinking is the hardest work there is, which is probably the reason why so few engage in it”. Albert Einstein took it one step further claiming, “Imagination is more important than knowledge”. By tapping into your creativity and avoiding these potential pitfalls, you’ll be able to create a name that works both short and long term – one that allows for future growth. Like the original cornerstone of a building, it will support upward expansion as your company reaches new heights.

E-mail: Phil@PureTungsten.com
Author's URL: http://PureTungsten.com
Phil Davis President Tungsten Brilliant Brand Marketing

Phil’s life goal of “creating environments where people thrive” reflects his desire to assist in personal, professional and business growth. Phil founded and ran a full service ad agency for over 17 years and now works full time as a business naming and branding consultant. Phil resides with wife Michelle and four energetic offspring outside Asheville, North Carolina.

Tags: marketing strategy, marketing success, marketing concept, marketing professional services, professional services marketing, small business marketing expert, branding, marketing coach, marketing consultant, small business marketing speaker, marketing tip, brand strategy

Marketing speaker: Versatility + Talent

This video clip speaks for itself (you should have your audio/speakers turned on):

What can YOU do that will impress people with YOUR versatility and talent?

These days, "being good" (or even great) is merely table stakes - you need to MASTER your offerings so your audience knows they're in the hands of a professional good enough to deliver A+ work while being confident enough to have fun.

Tags: marketing for speakers, marketing speaker, marketing strategy, marketing success, entrepreneurship, small business marketing expert, branding, expertise, professional speaker marketing, marketing strategist, motivational speaker marketing, small business marketing speaker, specialize

Marketing speaker - A Brand New Day

Marketing speaker branding I was going through my old files and came across some truly excellent thinking and writing about one of the most misunderstood and overhyped areas of my beloved marketing profession: branding.

Here, then, for your enjoyment is the real deal according to people that know a thing or two about the matter:

With 35 varieties of bagels, 66 subbrands of GM cars, and more than 13,000 mutual funds, American consumers are suffering a severe case of brand overload. Marketing speaker and marketing coach Peter Sealey has a tough-love cure: "simplicity marketing."
Read more here.

Take the Brand Challenge - "Adults are always asking little kids what they want to be when they grow up because they are trying to get ideas." -- Paula Poundstone
Read more here.

Be the Brand: Creating a meaningful brand goes beyond mere product presentation. It requires vision, leadership, and communication.
Read more here.

(Re) Brand You: This marketing expert and author will help you reboot yourself after a layoff.
Read more here.

What Great Brands Do: Marketing speaker Scott Bedbury knows brands. The man who gave the world 'Just Do It' and Frappuccino shares his eight-point program to turn anything -- from sneakers to coffee to You -- into a great brand.
Read more here.

Nine Ways to Fix a Broken Brand: The marketing excesses of the past few years left broken pieces scattered across the branding landscape. As a result, many companies are left with bogged-down, boring -- even dying and dead -- brands. Now take a look at your brand: Do you know what's broken? Do you know how to fix it?
Read more here.

What do you think? Leave your thoughts, comments, and rants in the comments section below...

Tags: marketing for speakers, marketing speaker, professional services marketing, small business marketing expert, branding, professional speaker marketing, marketing coach, motivational speaker marketing, small business marketing, brand strategy

Marketing Coach: Instant Branding Toolkit

marketing speaker marketing coach whoopass You could pay a marketing coach or ad agency or brand consultant BIG bucks to create (or recreate) your brand. A word of advice: DON'T!

You need a snappy name. Something sharp, clever, clear, and concise. Something you’d be proud to have your fans and customers display on a t-shirt, coffee mug or bumper sticker. You want to be the go-to resource – no – you want to be the rock star in your profession or industry. And you’re just one strong branding step away – you can almost TASTE it!!!

But you’re not smart enough to do it yourself.

Oops, wait a minute… yes you are.

Fact is, a lot of advertising agency types and “branding gurus” are simply overpriced hacks. Shocking, I know… you’re stunned that coming up with a cool name for your new services, programs, and products could be simple, straightforward, and easy.

Well, sit down with a nice hot cup of your favorite caffeinated beverage and strap in – ‘cuz you’re getting my secret stash of branding whoop-ass.

Take your topic or product or service (Leadership or Cookies or HVAC or Recruiting or Plastics) and add one or more of these brand building blocks. Some stand alone – some work in combination with others. Sometimes you’ll want to put the building block BEFORE your service/product and sometimes it will sound better AFTER. Play with these – they’re my gift to you.

Instant Branding Toolkit

Market
Exchange
Zip
Zap
Focus
Momentum
Fun
Power
Professional
Savvy
Smarts
Sense
Action
Pyramid
Dive
Redline
RPM
GPS
Roundtable
Summit
Slide
Swing
Sandbox
Playground
Monkey
Chimp
Rhino
Hippo
Gazelle
Tiger
Lion
Shark
Dolphin
Insights
Forum
Café
Center
Storm
Success
Life
Mojo
Club
Hub
Lounge
Launchpad
Library
Archive
Free ____ tips
Free ____ tools
Tips
Tools
Toolbox
Toolkit
Club
Network
Posse
Bakery
Mashup
Focus
Resource
Queen
King
Flyer
Circle
Gameplan
Blueprint
Treasure chest
Strategies
Tactics
Secrets
Profits
Revealed
Disco
Party
Pantry
Bakeshop
Factory
Foundry
Vortex
Nexus
Universe
Galaxy
World
Planet
Star
Done right
Made easy
Cocktail
Bar
Game
Advise
Monitor
Puppy
Daddy
Mama
Baby
Zoom
Boom
Direct
Show
Thunder
Undercover
After hours
After dark
Agent
Sauce
Juice
Jazz
Page
Letter
Book
Cruise
Action
Roadmap
Max
Navigator
Gps
Master
Accelerator
Advisor
Lightning
Bullseye
Profits
Revenues
Hang out
Shout
Scream
Bam
Mall
Feast
Meal
Lunch
Zone
Poop
Scoop
Machine
Force
Onramp
Route
Highway
Express
Check
Box
Square
Speed
Accelerate
Compass
University
U
College
Academy
Institute
First
Prime
One

I'm looking forward to buying from the following businesses in the very near future... maybe one of these will be yours:

The Cookie Machine
The Video Advisor
CareerNavigator
SalesGPS
Coffee Hangout
Guitars After Dark
The Fitness Foundry

And if you end up using something you create with this list as your new brand, do me a favor – please make a generous donation to your favorite charity. Even a tiny fraction of what you would have paid the “ad agency” will make a BIG difference to the non-profit of your choice. If you don’t have any particular good cause in mind, here are three I recommend:

http://www.acumenfund.org
http://www.roomtoread.org
http://nsafoundation.org

Rock on, you do-it-yourself brander, you!!

Do you like this list? Want to Tweet it? Quote it? Add to it? Use the comments area below and let's hear what's in YOUR can of branding whoop-ass!!

Grab your FREE copy of the Platform Promotion Checklist!

And then leave a comment below with your questions, thoughts, and advice on the ideas above.

Are you a DO IT freak? Welcome to the club!! Please use the social media buttons at the top of this post to share it with your network. YOU are a rock star!

Tags: marketing for speakers, marketing speaker, marketing strategy, branding, marketing, marketing coach, marketing strategist, brand strategy

Small Business Branding: Your Thought Leadership Platform

A client of mine is launching a new professional services business venture. She has identified Responsible Leadership as her expertise and distinction in the marketplace. She wants to name her company Responsible Leadership and build it out under the domain she already bought, www.ResponsibleLeadership.com

She asked me what I thought of that name.

I told her - we gotta be careful.

The name is not going to stand on its own - it's going to become your methodology, your approach, your brand, and the umbrella that spans all of your offerings.

Soooo.... make sure you love all of the following, too... (Go ahead and plug in YOUR brand or YOUR words that articulate your fabulousness below):

Responsible Leadership Assessment
Responsible Leadership Retreats
Responsible Leadership Survey
Responsible Leadership Seminar
Responsible Leadership Training
Responsible Leadership Coaching
Responsible Leadership IQ
Responsible Leadership Conference
Responsible Leadership News
Responsible Leadership Blog
Responsible Leadership Ezine
Responsible Leadership Summit
Responsible Leadership Tools
Responsible Leadership Certification
Responsible Leadership - the book
Responsible Leadership - the keynote
Responsible Leadership - the MBA guest lecture
Responsible Leadership - the podcast
Responsible Leadership - the PBS Special
Responsible Leadership - the video series
Responsible Leadership - the E-learning course
Responsible Leadership - the 6-month leadership development course
... and so on!

So naming your company is no joke. And I'm not just saying that because I'm a marketing speaker and marketing coach and do this work all day long for a living! It really is a BIG, far-reaching decision.

You want everything to line up under your brand so you get a self-reinforcing marketing system where all the pieces "fit and click" - or in sales-speak, so you have plenty of opportunities for cross-selling, up-selling, and cross-pollination.

You want to own the "thought leadership platform" around your name and your offerings.

Question: How does YOUR professional services empire stack up?

Please leave a comment below and let us know!!

Tags: marketing speaker, branding, marketing coach, small business marketing, naming

Do It! Marketing Blog: Marketing for Smart People™