Tuesday, January 9, 2018

How to Come Up With a Business Name: Ecommerce Edition 2018

By: A Better Lemonade Stand Content Team

Even though it may seem like the simplest thing to do, deciding on a business name for your company or brand can be tricky. Some business owners are lucky enough to be absolutely certain about their choice, however, it is not uncommon to see others struggling with the task of coming up with a truly unique business name that encompasses their brand’s ethos.

One of the things to understand right off the bat is that while coming up with a business name is imperative and should not be a hasty decision, even a great name will do nothing for your business if there are major flaws with your product or service, your day-to-day operations or even your customer service. Know that a great business name won’t totally make-or-break your business, but it can make an impact so you want to make sure it’s a positive one.

A task like coming up with a name may initially seem trivial, perhaps even easy to someone starting a new business, but in actuality requires a little more time, focus and effort. A great analogy for this is drawing the comparison between a business’ name and the cornerstone of a building. Everyone knows that the foundation determines how the rest of the building is built. The foundation begins with the laying of a cornerstone, following which the rest of the structure for the foundation is aligned. The smallest error in placing the cornerstone can reflect and amplify the misalignment of the rest off the building. It will always seem just a bit off and things just won’t stack up the way they should. The same goes for your business name. Everything from getting the right – and hopefully, available – domain name for your business, finding investors that connect with your brand, creating marketing campaigns to help boost sales and even getting the right keywords for your SEO and advertising strategies – it can all be linked to having the right and powerful brand name.

The name of your business is one of the few constants that will get the most use and longevity than any other investment you make for your business. The trick is to get it right in the first go as a poor choice of business name could potentially limit or even negatively affect your business. Committing to a business name can be daunting, however the right choice can be the key to your success.

This is a comprehensive guide that will take you through the steps of coming up with a great business name – it will explore the fundamentals of a powerful business name, the popular styles of names out there, the steps involved in coming up with a name for your own business, industry specific advice and online tools to help generate the right business name for you, amongst other great tips.

Read More >> https://www.abetterlemonadestand.com/how-to-come-up-with-a-business-name/

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