Why?
WHY COMPANIES RENAME
Starting a company
Merging or buyout
Developing a product
Renaming a company
• Miscommunication
• New strategic direction
• New opportunity
WHY RECOMEND A RENAME
Brand
Identity
Name
Purpose
Vision
Mission
Value
Elevator Pitch
The Lack of Brand Congruency
What not to do
WHAT NOT TO DO
• Name the company after the first product
• Industry Insider Term
• Mash two words together
• Generic words
• Using a location
• Sounds cool. Different for different’s sake.
• Substituted phonic spellings
• No acronyms or initials of the owners
Considerations?
CONSIDERATIONS
• State, Province, Country or Trademark
Availability
• Web Address Availability
• Supporting Tagline or Positioning Statement
• How the name might be shortened
• How the name might be made into an acronym
• Reflects the culture of the organization
• A solid process and approach
APPROACHES
• End User or Customer’s point of view
• Benefit to the User
• The What
• The How
• Your Purpose
My Approach
BUILD ON PURPOSE
PURPOSE
Vision/Mission
Core Values
Culture
Identity
Market Attraction/

Differentiation
Hiring the right
people
Defines what it means
to be a team member
Articulating Direction
Facilitates clear
direction
Authentic Brand
Meaningful Work/

Common Goal
Manifesto/

Common Language
Meaningful Endeavor
Compass/True North
How do you
define a
company’s
purpose?
The Naming
Process
Schedule: Timeframe
• Minimum of 2-4 weeks
• Average 1.5 months
• Sometimes up to 6 to 9 months
HOW
HOW OVERVIEW
How it fits in the branding process as a whole.
HOW
Schedule
BrainstormSession
M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T
BrainstormSession
BrainstormSession
BrainstormSession
BrainstormSession
BrainstormSession
BrainstormSession
BrainstormSession
ResearchonTopContenders
TopContenderAssessment
BrainstormSession
ResearchonTopContenders
Wait a week before
choosing a final.
Do limited customer
feedback
Do small sample of
internal and close
friends feedback
After a week or so
you will start to love
it or hate it.
Brainstorming Sessions last an hour.—too
much longer and your brain turns to mush.
You need to stay in the “naming zone” and
only skip a day or so in between. If it goes
longer you lose momentum.
HOW
Step One: Research
• List your competitors
• Research “like” companies or products within
your industry
• List overused words
• Industry terms
HOW
Step Two: Create a Vocabulary List
Semantic Association
Create a list of words, attributes or phrases
that is associated with the value the
company or what the product delivers to
the end user.
HOW
Vocabulary List of Positive Attributes
Attribute 1
Attribute 2
Attribute 3
Attribute 4
Attribute 5
HOW
Step Three: Brainstorm
Attribute 1 Attribute 2 Attribute 3 Attribute 4 Attribute 5
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
Name Idea
HOW EXAMPLE
My Client: Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
HOW EXAMPLE
My Client: Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
Epic
Prose
Narrate
Narrator
Drama
Screenplay
Tale
Captivate
HOW EXAMPLE
My Client: Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
Epic
Prose
Narrate
Narrator
Drama
Screenplay
Tale
Captivate
Experience
Bring Together
Conjure
Evoke
Connect
Converge
Pull
Bond
Gravity
HOW EXAMPLE
Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
Epic
Prose
Narrate
Narrator
Drama
Screenplay
Tale
Captivate
Experience
Bring Together
Conjure
Evoke
Connect
Converge
Pull
Bond
Gravity
Relevant
Ology
Logic
Forward
Solve
HOW EXAMPLE
Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
Epic
Prose
Narrate
Narrator
Drama
Screenplay
Tale
Captivate
Experience
Bring Together
Conjure
Evoke
Connect
Converge
Pull
Bond
Gravity
Relevant
Ology
Logic
Forward
Solve
Shine
Move
Glow
Fresh
Sphere
Muse
HOW EXAMPLE
Exhibit Concepts
Story Relationships Strategic Exceed/Creative Effortless
Epic
Prose
Narrate
Narrator
Drama
Screenplay
Tale
Captivate
Experience
Bring Together
Conjure
Evoke
Connect
Converge
Pull
Bond
Gravity
Relevant
Ology
Logic
Forward
Solve
Shine
Move
Glow
Fresh
Sphere
Muse
Seamless
Proactive
Kinetic
Clean
Proof
Elixir
GOOGLE SHEETS
HOW
Step Four: Evaluate (Score 1 to 10)
NAMES Appearance
Distinctive
Depth
Energy
Hum
anity
Positioning
Sound
X
Factor (cool sounding)
Tradem
ark
URL
Tagline-ability
TOTAL
NAME EVALUATION CHART
HOW
Step Four: Evaluate (Score 1 to 10)
NAMES Appearance
Distinctive
Depth
Energy
Hum
anity
Positioning
Sound
X
Factor (cool sounding)
Tradem
ark
URL
Tagline-ability
TOTAL
NAME EVALUATION CHART
Moment 8 7 6 2 6 8 7 2 9 4 9 68
Hello 9 7 6 2 6 8 7 5 10 4 9 73
Xperi 10 10 6 8 6 8 7 5 10 10 9 83
Shine
Boldface
Appearance Does the word have a nice look to it?
Distinctive Is it memorable?
Depth Does it communicate your purpose?
Energy Does the name have energy?
Humanity Does it sound warm & approachable?
HOW
Step Four: Evaluation Form
HOW
Step Four: Evaluation Form
Positioning Finding open space in the market.
Sound Like the way it sounds?
X Factor (cool sounding) Does it sound cool?
Trademark Is it able to be protected?
URL Can you get an easy to remember web address?
Tagline-ability We are your secret sauce.
Hello
FIVE BRAND FILTERS
1. Relationships
2. Impact
3. Creative
4. Clean
5. Strategic
We Build Relationships
connect with hello. com
OTHER AVAILABLE WEB ADDRESSES
hello.us
say helloto.us
hello attraction . com
hellothere.com available for purchase
MARKETING HEADLINE IDEAS
Nothing brings people together like Hello!
Hello works in any language.
PURPOSE Build Relationships
VISION Impacting people through the power of human interaction and experience
MISSION We create compelling spaces and events to attract and enable meaningful
relationships between people, between people and their story, between
people and organizations and between every detail of our customers
projects.
Building Brands on Purpose
FINAL EXHIBIT CO NAME
HOW
Step Four: Evaluate: Legal
• Trademark Search, uspto.gov, www.ic.gc.ca/tm
• URL search: whois.org
• Business Name: State or Province Search
FINAL EXHIBIT CO NAME
Hello Name in Combination Live Class 35 Goods & Services
(hello)[COMB] AND (live)[LD] AND (035)[IC] AND (exhibit)[GS] 2 Records
(hello)[COMB] AND (live)[LD] AND (035)[IC] AND (events)[GS] 15 Records
Building Brands on Purpose
HOW
Number of predominate languages spoken in the US?
Step Four: Evaluate: Cultural Assessment
Spanish
Chinese (Cantonese, Mandarin)
Tagalog
Vietnamese
French
German
Korean
Arabic
Russian
Italian
HOW
1. Register a Trademark with USPTO
2. File the name with the Secretary of State
3. Register new URL
4. Acquire a Federal ID number
5. Update bank accounts and other financial accounts
6. Create new Twitter, LinkedIn, and/or Facebook accounts
7. Update any blank legal contracts, agreements, etc.
Step Five: Implementation
Final Words
1. Communicate purpose
2. Align their “why” with
their identity
3. Solve their #1
Misunderstanding
PURPOSE
Vision/Mission
Core Values
Culture
Build on Purpose
Identity
PURPOSE BRANDING
Jän Paul Ostendorf
Email: jan@brandsonpurpose.com
Branding on Purpose Workbook

Product or Business Naming Process

  • 2.
  • 3.
    WHY COMPANIES RENAME Startinga company Merging or buyout Developing a product Renaming a company • Miscommunication • New strategic direction • New opportunity
  • 4.
    WHY RECOMEND ARENAME Brand Identity Name Purpose Vision Mission Value Elevator Pitch The Lack of Brand Congruency
  • 5.
  • 6.
    WHAT NOT TODO • Name the company after the first product • Industry Insider Term • Mash two words together • Generic words • Using a location • Sounds cool. Different for different’s sake. • Substituted phonic spellings • No acronyms or initials of the owners
  • 7.
  • 8.
    CONSIDERATIONS • State, Province,Country or Trademark Availability • Web Address Availability • Supporting Tagline or Positioning Statement • How the name might be shortened • How the name might be made into an acronym • Reflects the culture of the organization • A solid process and approach
  • 9.
    APPROACHES • End Useror Customer’s point of view • Benefit to the User • The What • The How • Your Purpose
  • 10.
  • 11.
    BUILD ON PURPOSE PURPOSE Vision/Mission CoreValues Culture Identity Market Attraction/
 Differentiation Hiring the right people Defines what it means to be a team member Articulating Direction Facilitates clear direction Authentic Brand Meaningful Work/
 Common Goal Manifesto/
 Common Language Meaningful Endeavor Compass/True North
  • 12.
    How do you definea company’s purpose?
  • 14.
  • 15.
    Schedule: Timeframe • Minimumof 2-4 weeks • Average 1.5 months • Sometimes up to 6 to 9 months HOW
  • 16.
    HOW OVERVIEW How itfits in the branding process as a whole.
  • 17.
    HOW Schedule BrainstormSession M T WT F S S M T W T F S S M T W T F S S M T W T F S S M T W T F S S M T BrainstormSession BrainstormSession BrainstormSession BrainstormSession BrainstormSession BrainstormSession BrainstormSession ResearchonTopContenders TopContenderAssessment BrainstormSession ResearchonTopContenders Wait a week before choosing a final. Do limited customer feedback Do small sample of internal and close friends feedback After a week or so you will start to love it or hate it. Brainstorming Sessions last an hour.—too much longer and your brain turns to mush. You need to stay in the “naming zone” and only skip a day or so in between. If it goes longer you lose momentum.
  • 18.
    HOW Step One: Research •List your competitors • Research “like” companies or products within your industry • List overused words • Industry terms
  • 19.
    HOW Step Two: Createa Vocabulary List Semantic Association Create a list of words, attributes or phrases that is associated with the value the company or what the product delivers to the end user.
  • 20.
    HOW Vocabulary List ofPositive Attributes Attribute 1 Attribute 2 Attribute 3 Attribute 4 Attribute 5
  • 21.
    HOW Step Three: Brainstorm Attribute1 Attribute 2 Attribute 3 Attribute 4 Attribute 5 Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea Name Idea
  • 22.
    HOW EXAMPLE My Client:Exhibit Concepts Story Relationships Strategic Exceed/Creative Effortless
  • 23.
    HOW EXAMPLE My Client:Exhibit Concepts Story Relationships Strategic Exceed/Creative Effortless Epic Prose Narrate Narrator Drama Screenplay Tale Captivate
  • 24.
    HOW EXAMPLE My Client:Exhibit Concepts Story Relationships Strategic Exceed/Creative Effortless Epic Prose Narrate Narrator Drama Screenplay Tale Captivate Experience Bring Together Conjure Evoke Connect Converge Pull Bond Gravity
  • 25.
    HOW EXAMPLE Exhibit Concepts StoryRelationships Strategic Exceed/Creative Effortless Epic Prose Narrate Narrator Drama Screenplay Tale Captivate Experience Bring Together Conjure Evoke Connect Converge Pull Bond Gravity Relevant Ology Logic Forward Solve
  • 26.
    HOW EXAMPLE Exhibit Concepts StoryRelationships Strategic Exceed/Creative Effortless Epic Prose Narrate Narrator Drama Screenplay Tale Captivate Experience Bring Together Conjure Evoke Connect Converge Pull Bond Gravity Relevant Ology Logic Forward Solve Shine Move Glow Fresh Sphere Muse
  • 27.
    HOW EXAMPLE Exhibit Concepts StoryRelationships Strategic Exceed/Creative Effortless Epic Prose Narrate Narrator Drama Screenplay Tale Captivate Experience Bring Together Conjure Evoke Connect Converge Pull Bond Gravity Relevant Ology Logic Forward Solve Shine Move Glow Fresh Sphere Muse Seamless Proactive Kinetic Clean Proof Elixir
  • 28.
  • 29.
    HOW Step Four: Evaluate(Score 1 to 10) NAMES Appearance Distinctive Depth Energy Hum anity Positioning Sound X Factor (cool sounding) Tradem ark URL Tagline-ability TOTAL NAME EVALUATION CHART
  • 30.
    HOW Step Four: Evaluate(Score 1 to 10) NAMES Appearance Distinctive Depth Energy Hum anity Positioning Sound X Factor (cool sounding) Tradem ark URL Tagline-ability TOTAL NAME EVALUATION CHART Moment 8 7 6 2 6 8 7 2 9 4 9 68 Hello 9 7 6 2 6 8 7 5 10 4 9 73 Xperi 10 10 6 8 6 8 7 5 10 10 9 83 Shine Boldface
  • 31.
    Appearance Does theword have a nice look to it? Distinctive Is it memorable? Depth Does it communicate your purpose? Energy Does the name have energy? Humanity Does it sound warm & approachable? HOW Step Four: Evaluation Form
  • 32.
    HOW Step Four: EvaluationForm Positioning Finding open space in the market. Sound Like the way it sounds? X Factor (cool sounding) Does it sound cool? Trademark Is it able to be protected? URL Can you get an easy to remember web address? Tagline-ability We are your secret sauce.
  • 33.
    Hello FIVE BRAND FILTERS 1.Relationships 2. Impact 3. Creative 4. Clean 5. Strategic We Build Relationships connect with hello. com OTHER AVAILABLE WEB ADDRESSES hello.us say helloto.us hello attraction . com hellothere.com available for purchase MARKETING HEADLINE IDEAS Nothing brings people together like Hello! Hello works in any language. PURPOSE Build Relationships VISION Impacting people through the power of human interaction and experience MISSION We create compelling spaces and events to attract and enable meaningful relationships between people, between people and their story, between people and organizations and between every detail of our customers projects. Building Brands on Purpose FINAL EXHIBIT CO NAME
  • 34.
    HOW Step Four: Evaluate:Legal • Trademark Search, uspto.gov, www.ic.gc.ca/tm • URL search: whois.org • Business Name: State or Province Search
  • 35.
    FINAL EXHIBIT CONAME Hello Name in Combination Live Class 35 Goods & Services (hello)[COMB] AND (live)[LD] AND (035)[IC] AND (exhibit)[GS] 2 Records (hello)[COMB] AND (live)[LD] AND (035)[IC] AND (events)[GS] 15 Records Building Brands on Purpose
  • 36.
    HOW Number of predominatelanguages spoken in the US? Step Four: Evaluate: Cultural Assessment Spanish Chinese (Cantonese, Mandarin) Tagalog Vietnamese French German Korean Arabic Russian Italian
  • 37.
    HOW 1. Register aTrademark with USPTO 2. File the name with the Secretary of State 3. Register new URL 4. Acquire a Federal ID number 5. Update bank accounts and other financial accounts 6. Create new Twitter, LinkedIn, and/or Facebook accounts 7. Update any blank legal contracts, agreements, etc. Step Five: Implementation
  • 38.
  • 39.
    1. Communicate purpose 2.Align their “why” with their identity 3. Solve their #1 Misunderstanding
  • 40.
  • 41.
    PURPOSE BRANDING Jän PaulOstendorf Email: jan@brandsonpurpose.com Branding on Purpose Workbook