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Picking a Name for a New Business

 
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oliveoyl

posts: 12

Apr 05, 2009 8:44 PM ET    Quote  Report Abuse
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I am starting a business out of my home making eye pillows and neck pillows filled with flax seed and lavender.  Not a new idea, but I`ve seen what`s out there and think I can do better.  Most names like Tranquility and Pleasant Dreams are taken.  I want to market to spas, gift shops and dentist offices (neck pillows).  Any ideas out there?
CraigL

posts: 9051

Apr 06, 2009 12:23 AM ET    Quote  Report Abuse
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Hi there :-)
We`ve had lots of discussion about company names, as well as brainstorm sessions on specific names. And out of it all come a couple of thoughts you might be able to use.

The name of your company really doesn`t matter all that much. What really counts is "branding." That`s the connection between whatever name, and the product people will come to recognize. For example, AT&T really doesn`t mean much on its own. Not many folks think of American Telephone and Telegraph.

What people DO connect in their mind, are the letters ATT with phones, communications, and network systems.

Another aspect of this has to do with expansion and diversification. Right now, you have a common product in "pillows." But suppose you decide you want to branch out? What if you want to also sell herbal bouquets or teas? Suppose you decide to include a line of skin creams or health nutrition books?

Two ideas where you might start would be your own name, or your geographic area. For example, "Lake Pacific Health Products," or "Alicia`s Boutique."

It`ll be easier developing a logo if your business name references a line of products, like "health" or "spa" or "personal." But then you`re back to the issue of diversification.

Think about Liz Claiborne, then think about AVON. :-)
patentandtrademark

posts: 1332

Apr 06, 2009 9:32 AM ET    Quote  Report Abuse
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pick something that can be a registered trademark - ask your lawyer

-------------------------

James Lindon, Ph.D. Patent Attorney
Lindon & Lindon, LLC
Cleveland, Ohio
Patents, Trademarks, Copyrights, Pharmacy Law, Litigation
[this is not legal advice - provided for discussion only]
Intellectual Property for the Individual and Small Business: Identify, Protect, Enforce, Defend.
"Fools rush in where angels fear to tread."
http://www.LindonLaw.com
oliveoyl

posts: 12

Apr 06, 2009 12:51 PM ET    Quote  Report Abuse
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Thanks!  That helps.  Now I`m thinking of using my name (nickname) because right now my pillow tags say "Tranquillite" Eye Pillows by KC.   or Neck Pillows by KC.   I can`t use Tranquillite because of course the name is taken.  Any ideas using KC?
lizzers

posts: 29

Apr 06, 2009 4:05 PM ET    Quote  Report Abuse
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Hi KC,
I think you have the right idea here...you definitely should have a company name that acts as an "umbrella brand" in case you decide to add more product lines in the future.  KC Creations maybe?  Or KC`s Sweet Dreams? 
 
Btw, I love these eye masks.  I`m a migraine sufferer and the lavender really helps to calm me down and make me relax when I`m in pain.  Let me know where I can order one!
 
Best of luck!
CraigL

posts: 9051

Apr 06, 2009 8:33 PM ET    Quote  Report Abuse
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Hmm.....what would be the overall "set" of items under which pillows would fall? I`m thinking of "KC`s Products," and replace the word "products" with whatever is this global set. Like "KC`s Something."
oliveoyl

posts: 12

Apr 06, 2009 9:27 PM ET    Quote  Report Abuse
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Thanks lizzers!  Who would`ve known it would be so hard to come up with a name.  Actually, I`ve come up with several, but so have other people and are using them.  BTW, I get migranes too and love my pillow.  I`ll let you know when I set up my website so you can order one.  Mine are silk and silk-like fabric.  How do you like the name "Simply Unwind"?

 

 

CraigL

posts: 9051

Apr 07, 2009 1:10 AM ET    Quote  Report Abuse
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I like "Simply unwind" as a tag-line, or motto. :-) Maybe not as a business name, though. At least my own opinion....
May 22, 2009 7:53 PM ET    Quote  Report Abuse
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Naming a business versus naming a product: two different tasks!
 
Keep the business name general/vague enough that you can add new products without a mental disconnect between the busienss name and the new stuff. Give the product a more specific, more "grab-you-right-away" name. I like the MS Word thesaurus function for brainstorming lots of words, which you can then recombine to get something original. When brainstorming, don`t forget about verbs and adverbs. Nouns and adjectives are useful and nice, but not everything. Think of your favorite movie character who needs one of your products (or embodies their qualities), then verbally describe that character.
 
Ask yourself some of those new-age-y questions, like "what COLOR is the MOOD of my product?" (not what color you are making them) or "what ANIMAL would enjoy my product?"  or "WHERE will people think to use this product that I wouldn`t expect?" and see where that takes you. Don`t forget about translating into another language.
 
If you don`t consider yourself a great brainstormer, recruit some kids to help you. They are such flexible thinkers that they can really surprise adults. Plus you won`t have to worry about non-compete agreements!
 
Good luck with your wordplay.
 
 
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