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.

 

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Monday, October 16th, 2017 at 8:58am
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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.
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William Joseph Communications added 5 new photos.Wednesday, October 18th, 2017 at 11:28pm
The Small Business Week Gala in Red Deer is a huge success! Congrats to everyone nominated, the winners and to all entrepreneurs living their passion. So glad to meet so many great people tonight and make this wonderful city one of our new homes!
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William Joseph CommunicationsWednesday, October 18th, 2017 at 2:50pm
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William Joseph CommunicationsWednesday, October 18th, 2017 at 11:24am
Today is your last chance to reserve your spot for "The Importance of Brand", a WJU seminar led by our creative director, Jason. The seminar takes place tomorrow, at 11:30. There is no charge to attend but we only have 3 spots left!

https://www.eventbrite.ca/e/wj-university-what-is-brand-tickets-38060371596
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William Joseph CommunicationsTuesday, October 17th, 2017 at 12:00pm
The energy industry has faced huge changes over the last few years, meaning that more than ever, Albertans are realizing their entrepreneurial dreams. Taking the plunge and launching a start-up can seem scary, with an infinite number of things to consider - marketing being just one of them. Marketing is a vital aspect to the success of your venture, however, and should not be left as an afterthought. In this weeks blog, we break down how and where to begin down your marketing path!

https://www.williamjoseph.com/blog/building-start-brand-begin/

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