Creation of the name of the brand to be sold!

To ensure the difference between products and competitive products and highlight its characteristic properties, it is important to create a name, as well as a labeling strategy. Every day it is becoming increasingly difficult to find the appropriate name for the brand. This is because competition and relationships are developing. For example, earlier in the names of companies used the names of the founders of the brand (Kiğılı, Ülker, Koçtaş, etc.). The brand name is responsible for product quality and fulfillment of the promised opportunities. That is, brand name assignment plays a major role in distinguishing from competitors. Before starting the branding process, you need to decide which product or service will relate to it. In the study, it was revealed that products with the usual name have as many sales as products with average quality, but with an interesting name. Even if your products with the usual name will suffer losses in the market, changing its quality you will not be able to succeed. Therefore, to create a successful name, a brand must contact an advertising or marketing agency. Firms that researched brand name research:

* Hall test

* test of choice

* memorization test

* study test

* Words that do not matter but are pleasant to the ear (Sony, Kodak)

* Not related to product features (Panda, Omo)

* Reflecting product quality (Yünsa)

* Reflecting product activity (Silen, Yumoş)

* Taken from other languages ​​(Lux)

* Name of company founder (Ford, Vakko, Gillette, Hilton, Honda, Dell, Ülkər)

* Names of famous personalities (Lincoln, Napoleon)

* Name of regions (BMW, BP, Marlboro)

* Names of animals and plants (Palmolive, Apple, Coca Cola, Shell)

* Consisting of the first letters of the company name (IBM, BMW)

 3 main brand name features.

* Description of the product or service, providing a choice to the consumer

* Creation of communication with consumers, using the description of the characteristics of products or services.

* Legal protection of the value of the company.

Criteria to consider when branding:

* Must be easy to remember and pronounce.

* Must reflect product features and benefits

* Must be distinctive and not similar to competitive products.

* The correctness of sounds, letters.

* Must comply with the purpose of the product

* Must comply with international standards

And so, the appointment of a brand name that matches the brand’s strategies and promises will ensure minimized marketing costs and create differences between competitive products.

Creation of the name of the brand to be sold!