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You want the starting market you have chosen to be narrow enough to allow your product/service to be easily differentiated, but not so narrow that there isn’t enough market for the business to be viable. Can a competitor’s productname be easily substituted for my company’s brand? Get the right team in place.
But he was getting uneasy that as his headcount was growing the productivity of his marketing department seemed to be rapidly declining. It wasn’t that I had somehow inherited dumb employees. No one had differentiated a startup job description from a large company job. I wasn’t surprised. This is a big idea.
An understanding of product-market fit? What’s your differential business strategy? Your differential growth strategy? Your differentialproduct? Plus, it goes in both directions — employees can reference check prospective managers, and managers can reference check prospective employees.
If you need help or simply don’t have the time (it took us nearly 50 hours to name “crowdSPRING&# ), you can leverage crowdSPRING’s community of more than 64,000 designers and writers to come up with your company name or a productname. Sometimes, this can work out really well. But there are risks.
A Brand Should Have A Good Name and Logo. A strong company (or product) name is easily recognizable and is important to good branding. How do you differentiate yourself from your competitors? The above questions are important not only for selecting a strong company name, but also for selecting a strong logo.
It was a lovely tribute, but ultimately I decided that I needed to step in front of my company and put my own name on the door (plus, folks had a ton of trouble knowing how to pronounce the name). Then I went the traditional route of having my own name front and center, as Rebecca West Interiors. Photo Credit: Bob Merberg.
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