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Subject:
Name and Brand for a New Business
Category: Business and Money > Advertising and Marketing Asked by: mt0401-ga List Price: $50.00 |
Posted:
23 Feb 2004 13:41 PST
Expires: 24 Mar 2004 13:41 PST Question ID: 309992 |
I need help creating a name, brand and image for a business I am starting a company that does real estate development and investing. The first phase is doing modernization and rehabilitation of prime property in central London: Belgravia, Chelsea, Knightsbridge, Mayfair. Really much of this business is short time horizon banking on capital appreciation. The second phase extends to property development on a larger scale in terms of both property/project size and geography. There is a small advisory business attached with it as well but it is relatively small So currently it is me (Marvin) and a guy named Michael. I?m trying to think of a name for our firm. We want to make sure our name is consistent with being professional and not too ?trendy?. Some things to consider are: ? Product - Premium residential property at the 1200-2000 pounds per square foot range ? Location - Premium locations such as Central London?s, Manhattan, Tokyo?s most prestigious addresses ? Investors - Predominantly US and Asia ? Partners - We have already signed partnership deals with an elite real estate firm and one global boutique ibank/private bank. ? Clients - International with massive disposable income: Russia, Middle East, US, British, Chinese. They already own 2-4 houses and consider address, exclusivity, design, and cutting edge specifications and amenities the most important variables. The only idea I am working with is M Properties - since my name is Marvin and partner?s is Michael. This also would allow for some future flexibility as we could create M Funds or M New York, etc. To give you a better idea about the type of work we do, take a look at some of our competitor?s websites: www.candyandcandy.com/AboutUs.asp?Pnav=1 www.tylerlondon.com www.spaceplaces.co.uk www.willowacre.com/development/dev_home.htm My time frame is for this Friday 27th of March. I am willing to pay $50 for 3 ideas of name, brand, and image. This could also result in more projects and cash should we like one of the ideas or need to expand on it. |
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Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 23 Feb 2004 14:10 PST |
Michvin? |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 23 Feb 2004 14:14 PST |
Marvich Properties? |
Subject:
Re: Name and Brand for a New Business
From: mt0401-ga on 23 Feb 2004 15:03 PST |
Well, i also looked at exploring the concept of merging the names and actually liked MarMi better than anything else. Doing some basic market testing I found Marvich and some of the other combinations to be bit odd for international buyers- they mentioned it was rough sounding rather than elegant or inspiring. Good thought though. |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 23 Feb 2004 16:08 PST |
Definitely true... other (off the cuff) ideas: Pivotal Properties, Ltd. Nivram & Laechim International (your names backwards) Eschelon Properties, Inc. Property One, LLC |
Subject:
Re: Name and Brand for a New Business
From: mt0401-ga on 23 Feb 2004 17:14 PST |
Any reasoning behind the Pivotal, Eschelon, and Property One ideas. |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 23 Feb 2004 18:01 PST |
Pivotal => important => premium (along that family of words) Eschelon => "upper eschelon" => premium One => one as in #1, first place => prime |
Subject:
Re: Name and Brand for a New Business
From: margi-ga on 24 Feb 2004 14:41 PST |
Congratulations on your new venture! As someone who has been naming/branding companies and products for decades, I feel compelled to note that there is a science to strategizing an identity, and simply merging pieces of names and using common terms only touches the very surface. There are additional things to consider. Here is a bullet list from my project plan for a recent engagement. Please feel free to use this as a guide in qualifying the response you get from your Google researcher or for use in selecting a qualified identity/branding company. I'll spare you the shameless self promotion (which is against Google policy.) Here's the action list: ----------------------- Competitive product name analysis Determine message/feeling to convey Determine areas of differentiation versus names already in the market Idea generation, creative process, brainstorming? Purge and modify Analyze for phonetics, linguistics and sound symbolism (don't miss this step for international markets!!!) Checkpoint with marketing peers Laymen?s preliminary USPTO and registrar search Checkpoint with owners/management Collaborative objective rating, refinement and finalization of name recommendations amongst marketing staff of short list Second check with USPTO and registrars based on refined list Shortlist provided to IP team for preliminary searches Further refinement Focus group study and analysis of results Thompson and Thompson International search for remaining 2-3 final names Logo development - 3-10 concept designs packaged with identity strategy - Focus group study and analysis of results - Owner/Management feedback (iterative) Refine logo graphics for final 2 - Owner/Management selection and approval (iterative) Final logo/and optional slogan development including branding guidelines Label logo with TM symbol Note first commercial use in market File for TM with USPTO When the TM is granted, change the mark to an (R) on all of your communications. Don't use common words, i.e. Property One (no offense of jbf intended) The USPTO is not likely to grant a trademark for common words, especially when they are descriptive. You company brand and identity are very important. Please don't be too frugal or in the end, you will wind up with something that you will not be happy with for the long term. You don't want to change your company name or logo if there is any way not to. Consistency and branding are key to recognizability and brand awareness, not to mention referrals and such. There are great Google Researchers here that may be able to get you a good way into the process. (They've done it before, but my understanding is that they often offer great value in terms of business names, etc. for significantly below market price. Sometimes folks ask this question and try to pay $2, LOL, so the $50 is in the right direction) After the researchers respond with name ideas, you can work with an identity company to turn it into reality, get you the artwork, etc. There are some companies that specialize in small businesses and can do a scaled back version of this methodology for the small business budget. I'm sure they can take care of the graphic element part, but I don't know if they help with the naming or not. The first one is a little more pricey. http://www.ejwassoc.com/corporateid_intro.php http://www.LogoWorks.com http://www.ezylogo.com/ Depending on where you live, you may have qualified creative folks just around the corner that you can sit with and discuss interactively. In the end, no matter how you decide to go about this, may all of your dreams and wishes for your new venture come true. I wish you much luck and success! |
Subject:
Re: Name and Brand for a New Business
From: mt0401-ga on 24 Feb 2004 15:50 PST |
Margi, thanks so much for that comprehensive list and great ideas. After reading your comments i'd have to agree that a cohesive identity is very important and not something to skate by on. I appreciate your comments very much -marvin |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 25 Feb 2004 07:45 PST |
Margi has said some great things. However, I must say one thing regarding the Property One comment. There is at least one very large company with a name containing the word "one": "Global One" (Sprint). With "Global" it's even more generic to boot. Incidentally, the names I have presented were off-the-cuff starter ideas that "weren't too hot" ... just something to get the ball rolling conceptually. "Geovest" (Geo -> world, vest -> investment) is another idea... There is a program (which I have never used) called NameRazor which may help more along those lines: http://www.namerazor.com/ |
Subject:
Re: Name and Brand for a New Business
From: margi-ga on 25 Feb 2004 08:40 PST |
As I said, I meant no disrespect whatsoever to JBG777 :-) I'm sorry if you took it that way. Lord knows I've done many such excercises and I'm sure I would come up with similar names and approaches to what you provided here. In fact, I did start another small company a few years ago, and I did choose to use common words in the name, even knowing what I know. I did it because I wanted it to be memorable and easy, and because the company name says exactly what the company does. Given, not all great tradenames can be trademarked. It is a nice addition to your company's IP portfolio, however. I did try to use the namerazor. Actually, I was one of the unfortunate people that actually paid money for it! LOL! I found the words to be too generic. I ran Marvin, Michael, Residential, Property through it... here's what it generated: Baby property (baby property.com) Nest michael (nest michael.com) Magnum michael (magnum michael.com) UpperMarvin (uppermarvin.com) propertyWork ( propertywork.com) YellowMarvin (yellowmarvin.com) michaelSpace ( michaelspace.com) Sound ( sound.com) MarkMarvin (markmarvin.com) VantageMarvin (vantagemarvin.com) propertyPort ( propertyport.com) MarvinElephant (marvinelephant.com) michaelDog ( michaeldog.com) Mondo michael (mondo michael.com) michaelOcean ( michaelocean.com) Lord (lord .com) Popular property (popular property.com) propertyCraft ( propertycraft.com) MarvinPerformance (marvinperformance.com) Tribal property (tribal property.com) MarvinBuyer (marvinbuyer.com) michaelActi ( michaelacti.com) michaelAuto ( michaelauto.com) ClubMarvin (clubmarvin.com) michaelMidwest ( michaelmidwest.com) MarvinChannel (marvinchannel.com) michaelTurbo ( michaelturbo.com) michaelBoy ( michaelboy.com) AtlanticMarvin (atlanticmarvin.com) Focal michael (focal michael.com) Worldwide property (worldwide property.com) BargainsMarvin (bargainsmarvin.com) Air ( air.com) michaelBackground ( michaelbackground.com) World property (world property.com) MarvinFocus (marvinfocus.com) You get the picture. I bought the program last October, tried to use it once, hated it, and haven't used it again until today. There may be others out there. I was looking for something quick and inexpensive at the time. It was both of those things, but I wound up selecting something I made up (for which we now have a TM filed and await final registration.) Depending on your product or service, the program may work, but it may not be a match for you. I still think your best bet is to use an identification company. Again, I'll resist the temptation to provide my contact info.. LOL! I don't want to get booted off GA... this is simply too much fun! Take care everyone. P.S. to jbf777 and Marvin ... I really like Geovest... maybe GeoVest Properties? :-) A preliminary search of the trademark office shows the following: Serial Number Reg. Number Word Mark Check Status Live/Dead 1 78069716 2603004 GEOVE$T TARR LIVE 2 73725200 1538431 GEOVEST TARR DEAD The Live one uses a dollar sign for the S... depending on their classification of business, if you don't represent "market confusion" you may be able to proceed with something along those lines. Again, good luck :-) |
Subject:
Re: Name and Brand for a New Business
From: mt0401-ga on 25 Feb 2004 08:57 PST |
Thanks jbf777 and margi. i have to say those namerazor names are awful. |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 25 Feb 2004 10:18 PST |
Margi - No worries... I didn't think you meant any disrespect. Marvin - Forgive me for suggesting NameRazor! Had no idea it was that bad. :) |
Subject:
Re: Name and Brand for a New Business
From: mrfixit-ga on 03 Mar 2004 21:01 PST |
Proper Properties Ltd. Co. Inc. MM WorldWide... Land,... Investments,... Developments etc.(MMWW) MM Euro Elite WW Geographic Developments Inc.... Home in an Instant Come Home Developments... Ventures, Enterprises... Elite Homes..Properties, Investments, Quality Quest Properties Inc. Quest Properties M^M..."A House-SOLD-Name..... Properties R us HA ha Mavlar, Mavmic, Micram, Nivlea, Richmich, Varmiael, Ramcim, Aelvin, Valmar, etc made from the letters in your names Or mix and match I would not use your first names, its small time business, if anything use your Last names if they sound good together or of quality (think of lawyers Co. names) Good luck Its not easy naming a company, just a word of advice... Find a nich, Do ONE thing better than everyone else, have what you do IN your name some how (as Its of no use to advertize a Name if your not telling people what you do as its not remembered well.) I have been in business 20 years and have learned the hard way many times, not so much lately. |
Subject:
Re: Name and Brand for a New Business
From: jbf777-ga on 10 Mar 2004 16:46 PST |
another idea: PropertyWise |
Subject:
Re: Name and Brand for a New Business
From: angy-ga on 10 Mar 2004 21:37 PST |
Property Prestige |
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