Coming up with a unique name for a business must have been a hurricane task for top 10 MLM companies too! The name is the reflection of your business and considered to be a cornerstone of your business structure.
A slight mistake in the name and your whole reputation can be harmed. Our identity revolves around our name and so while choosing your name don’t go for a hush-hush decision. Think, think and think more while coming up with names.
During this entire decision, don’t consult too many people. I know friends, family, colleagues, organization is very important and they will have an array of suggestions for you.
You might also think that it will simplify your decision making. But it won’t! Rather, it will fuel your confusion. If you have some name in mind, your friends might have a different take and your family might have a different take! Instead of all this confusion, just choose a name that strikes a chord with you and your business.
Many people also hash-rehash adjectives and nouns while coming up with names. Several multilevel marketing businesses merge adjectives and nouns to get a new word.
This new word is a killer name for you because you are offering unique, but it won’t be a ‘cool’ option for a layman. So try and avoid such mistakes unless you are coming up with a familiar name. However, it doesn’t mean that you come up with a very simple name!
Earlier, when some companies came into existence, they had less competition so the name was unique for that period. However, with rising competition now you have to come up with unique names. Let your name connect with your audience, striking a conversation. With this, it will add to their curiosity too!
Not only this, try avoiding names of places, a country in your name. With this, your prospects will think that you are limited only to that specific area or that country. Many companies stretch their horizons across the globe, but people misunderstand about their reach. So with time, they make changes in their names.
As I mentioned above, come up with unique names, but don’t hash-rehash adjectives and nouns. In the same way, don’t come up with difficult names either, because it might sound captivating for you but won’t be captivating for others.
If you are limited to your own country, then you can come up with names that strike a chord with your countrymen. For example, an Indian comes up with a Sanskrit name, he can explain it as people are well versed in the language. However, a businessman from another country might not understand the name altogether.
Amidst all this, choose your name wisely and if you think that the name is bringing your business down then be prepared to change it. Because this name should be easy for your sales representatives to convince your prospects too! So, choose wisely and don’t show unnecessary stubbornness while changing the name.
So, unravel your creative side and come up with names that will win a million hearts!