
Brandknowledge
The significance of the brand name goes far beyond its communicative role. When developing a brand, the systematic development of a name is crucial, particularly from an economic point of view. Even if it only a few letters from which names are formed, it is still the mark of quality of marketing.
Top-class brand names offer the following benefits:
- Creation of long-term assets
- Avoidance of export restrictions due to names
- Internationally standardized delivery of messages stored in the name, particularly with regard to innovative new products
- Independent profile shaping through innovative positioning approaches
Examples of brand names which can lead to incorrect associations:
- SERENA – sanitary towel or automobile from Nissan?
- MR2 from Toyota – pronounced in French as "merdeux" or "merde" (insult/swear word)
- PAJERO from Mitsubishi – a nasty swear word in colloquial Spanish
- BOUNTY – chocolate bar or paper towels?
Examples of first-class brand names and terms, which are well-established and have proved to achieve sustained success:
- BACARDI
- KODAK
- LEVI'S
- EBAY
