
Photo of Lenovo HQ: 'Le-' is from its former Legend Computers and 'novo' meaning new. Also my laptop of choice.
A winning brand name is a crucial piece of your marketing plan. It will represent all your hard work as an entrepreneur. As your brand name is shaped, it will take on a life of its own and hopefully inspire others. You may even secretly talk to it during late nights in the office.
In Part 1 of this exercise to rename my consulting company, I brainstormed different words that are appealing, trustworthy, memorable and meaningful to my service and to me. In this second part I will explore different ways to combine these words, check on availability, and select my winning new name.
Creating a Short-List
There are three common origins of company names: acronyms and portmanteaus, names and places, and real words. In the process of moving from my current name of JYK Marketing, I ruled and acronyms and sought inspiration from some of the portmanteaus found in a list of company name etymologies. I also examined the naming choices of two companies I worked for previously:
- Edge Research: Here we have the real word, Edge, representing ‘cutting edge’ followed up with the service, Research. By itself ‘Edge’ is vague and used by other companies in various industries. Prospective clients may not get ‘cutting edge’ right off the bat, but will associate attributes like sharp, direct and well-defined—a perfect combination for a company that conducts research.
- Hinge: This branding and design firm does not have a modifier in its brand name. Initial reactions may suggest a piece of hardware, but the name sparks curiosity. This provides an ice breaker for a conversation about what the company does: ‘create pivotal brands.’
At this point, I began narrowing the list and playing with various word combinations including:
- Breakaway Strategy – A concept taken from cycling, but an obvious positive for strategy and marketing
- Moso Marketing – A type of quick growing bamboo that hints at my passion for sustainability
- Lyonmark – Lyon Park is the neighborhood I live in and ‘mark’ from marketing.
- Digsus – A combination of digital and sustainability, two of my passions that will impact the future of marketing and business.
- Digital Insights, or Digsights – Relevant concepts but they don’t quite roll of the tongue.
Availability
The easiest way to narrow this list down further is to check on the names’ availability. Today finding an appropriate URL is one of the easiest ways to see if someone else already has the name. After checking GoDaddy, I found that Digsus.com and Digsights.com were the only .com domains available. MosoMarketing.com and Lyonmark.com were held by speculators. If someone else already has your desired name, you can probably still trade under it if it isn’t registered it in your state, but your URL will need an additional modifier.
Next you will want to check to see if there are any trademarks on your company name. Since my company is offering services at a regional level, I’m not concerned about getting the trademark but it’s good to know who else may be using the same name.
Perception
Your brand name should be appealing and convey some of the key attributes your firm seeks to represent. Try to talk to at least 10 people about their perception of your potential company names, including colleagues, clients, designers and family members (kids will be the most honest with you). Five questions to ask are:
- Which of the following brand names is most appealing to you…[read list]?
- What are your first impressions of the word (s) [_brand name_]?
- What products or services would you expect [_brand name_] to offer?
- What attributes do you associate with [_brand name_]?
- Would you ever hire a company named [_brand name_]?
JYK Marketing is now…
Digsus (Digsus LLC to be exact).
Feedback from others narrowed the choice down to Breakaway Strategy and Digsus. Breakaway Strategy was the most appealing and first impressions were good. Digsus was more of a blank slate. No one guessed the two words it was made from and no one could come up with any associations, but people liked its uniqueness.
I chewed on these names for more than a week, repeating: “I work for___,” “I’m the founder of___,” “___ has the solutions you need.” Each appealed to me for different reasons, but the URL availability and character count (for Twitter) tipped the scale in favor of Digsus. Now it’s time to begin shaping its identity and reputation.
What can Digsus do for you? (The tagline can come later)
A winning brand name is crucial for your marketing plan. It will represent your vision, mission, core strategy and hard work as an entrepreneur. As your brand name is shaped, it will take on a life of its own and hopefully inspire others.







