As we at Brandroot usher in a new year, we thought it would be both fun and prudent to revisit companies that purchased names from our marketplace in 2016. Companies that have enjoyed success can often be looked upon as models. If our names have worked for them, they can surely work for anyone considering a launch in 2017.
“Success is not the result of spontaneous combustion. You must first set yourself on fire.” ~ Canadian hockey great Fred Shiro
Starting a business can seem like a monumental undertaking. Breaking down the necessary steps can help you control your to-do list and prioritize your tasks into manageable chunks. Let’s start with your business name.
45% of all emails sent on a given day are flagged as spam; 56% of which are advertisements. The result of these figures has been a concerted effort to create more sophisticated and therefore more effective spam filters. For a new company that depends on emails as part of their marketing campaign, that means you need to work even harder to avoid the dreaded junk mail pile.
The Super Bowl is an annual event that is known for its advertising as much as its football. Million dollar companies like Frito-Lay (the producer of Doritos), Coca-Cola, Mars (famous for the M&M), and Ford spend 364 days preparing to unleash their creative genius on consumers during the big game. A total of $377 million was spent on advertising during Super Bowl 50, which took place a few short days ago. The average cost of a 30-second commercial was $4.8 million, which equates to approximately $160,000 per second.
The idea of starting your own business is not always a comfortable feeling. Being overwhelmed and unsure of yourself is completely normal. Even the most confident entrepreneurs have experienced periods of doubt and uncertainty. The ones who make it out of this phase are those who possess at least two things: in-depth knowledge and instinct. The knowledge part can obviously be developed. There are many ways to study and familiarize yourself with your industry’s concepts and skills. The instinct side of the coin, however, is sometimes harder to come by.
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Brandroot focuses only on content related to business naming. Before selecting the name of your venture it is important that you have a solid grasp of what you're in for.
- 7 Famous Brands That Successfully Changed Their NamesWritten on Monday, 06 March 2017 13:30
- Forget the Radio Test, Forge a Better Business NameWritten on Wednesday, 01 March 2017 10:55
- Best Business Apps for Optimizing Time and Enhancing Team CommunicationWritten on Wednesday, 22 February 2017 13:18
- When You Can (And Can’t) Use Human Names For Your BrandWritten on Tuesday, 24 January 2017 15:33
- Brand Names and SEO: Clearing Up a Common MisconceptionWritten on Monday, 16 January 2017 11:35
- Begin 2017 by learning from 2016Written on Wednesday, 11 January 2017 01:59
- Business Naming Trends in 2016Written on Tuesday, 13 December 2016 14:42
- Choosing a Name for Your BusinessWritten on Tuesday, 01 November 2016 16:01