William Joseph Communications

Your Company: Naming and Renaming

The name of your company is more important than you think. It has influence on all of your interactions, and can affect your credibility, reputation and brand.

Did you know that some of the most successful corporate giants actually have unique stories behind their company’s name? Shell was inspired by the founder Marcus Samuel’s father, who had a business selling seashells in the early 1800’s. While on a boat trip with his father to collect more seashells, Marcus recognized the potential of oil trading, and thus Shell was born. Moved by the romance of the seas and nautical traditions of early coffee traders, Starbucks was named after a character in the novel Moby-Dick. While the most natural assumption for Apple, founded by Steve Jobs, is that it was named after the fruit, Steve actually came up with the name after returning from an apple farm and being moved by the “fun, spirited and entertaining” nature of the name.

Even the name William Joseph was devised from the very middle names of our founders. The reality is that inspiration behind a company’s name can come from just about anywhere at any time. When coming up with a company name, it is important to follow a few basic rules that will save you a lot of grief in the future:

  1. Pick something that is easy to remember. If your name is forgettable, your business is forgettable too.
  2. Don’t make it complicated. Make sure that your name doesn’t use complex spelling, sounds or imagery. If it’s not easy to pronounce, people are likely to forget it, bringing us back to point 1.
  3. Your name has to be relevant to your business, brand, and to the products and services you provide. In other words, it should tell your story. Alternatively, if your company name does not relate to what your company does, such as William Joseph, your logo and tagline should.
  4. It should be available, in terms of trademarking, domain names and website creation, branding, copywriting and for SEO purposes. Do your research ahead of time and test the market to make sure your name differentiates you from competition. If you own a new small burger business, you’re not going to call your company ‘The Burger King’. That is a battle you just cannot win.

As industries evolve and businesses grow, some companies find themselves in a place where their name, logo or brand does not match their current products, services or business goals. If this is the case, consider investing in a rename and rebrand. While there is likely a substantial amount of history, admiration and equity behind your existing company name, and renaming probably makes you nervous, as the WJ team always says, nervous is good. It means real change.

So why should you rename? Consider the following reasons:

Of course, rebranding and renaming can be a challenging and emotionally-charged process. William Joseph is highly experienced at guiding clients in times of change, developing bespoke visual identities that tell your story, and that follow the 4 rules outlined above. Reach out, and we can help guide the way.

 

It's only fair to share...
Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone
> Back to Blog

Facebook

William Joseph Communications

We are the difference between momentary achievement and enduring success.Your success requires an agency that offers a fully integrated solution. One that has the vision to see beyond your current borders and the troops to guide you there. With us as your allies, be confident that you can achieve your boldest ambitions. At William Joseph we offer complete marketing solutions composed of strategies, tactics, and designs that effectively tell your story and address your unique marketing goals. Everything from advertising campaigns to experiential design, our team takes your corporate identity and translates it through a wide array of mediums to successfully champion your company.
William Joseph Communications
William Joseph CommunicationsWednesday, August 23rd, 2017 at 10:54am
Just over a month left until our Saskatoon Accounts team takes on STARS Saskatoon's Ryde the Hangar spin-a-thon on September 30th. Our goal is to raise $2,000 for STARS, so click the link below to donate now!

http://support.stars.ca/site/TR/Walk-Run-Ride/TeamRaiserEvents?team_id=1200&pg=team&fr_id=1160
William Joseph Communications
William Joseph CommunicationsTuesday, August 22nd, 2017 at 2:26pm
Some brand extensions seem natural - like Clorox extending their product line from bleach to household cleaners. However, others reach just a bit to far (we're looking at you, Hello Kitty beer) and fall flat. Check out our latest blog post, where we list some of out-of-place choices by some of the most beloved brands, and explain why the product was a flop.

http://www.williamjoseph.com/blog/five-puzzling-brand-extensions/
William Joseph Communications
William Joseph Communications shared Albert the Egg's photo.Friday, August 18th, 2017 at 10:39pm
Just checking up on Albert's adventures! Be sure to follow his journey!
William Joseph Communications
William Joseph CommunicationsFriday, August 18th, 2017 at 1:48pm
In less than one month the William Joseph Marketing Mavericks are going to take on a plane, in support of the United Way! We are hoping to raise $2,000 for this awesome organization, so click the link below to help us reach our goal! Happy Friday everyone!

http://fundraise.calgaryunitedway.org/teams/6007-william-joseph-marketing-mavericks
William Joseph Communications
William Joseph CommunicationsThursday, August 17th, 2017 at 12:05pm
Client Spotlight! Cold Bore Technology combines the power of sound and its proprietary software to enable oil and gas completions engineers to see places where human eyes cannot and communicate data never thought available. In early 2017, Cold Bore approached William Joseph in need of various marketing materials to enable them to properly communicate their unique service offerings. We love working with the Cold Bore team to help communicate the story of all their unique service offerings!

http://www.williamjoseph.com/clients/cold-bore/

Instagram

Thursday, August 17th, 2017 at 11:58am
  • 78
  • 4
Wednesday, August 9th, 2017 at 2:07pm
  • 77
  • 4
Friday, August 4th, 2017 at 12:31pm
  • 74
  • 2
Thursday, August 3rd, 2017 at 12:23pm
  • 61
  • 5
Tuesday, August 1st, 2017 at 5:23pm
  • 82
  • 1