Wednesday, July 18, 2012
Branding In Bushiness - Your Name Matters
Jeep has been around since 1941. Though they were not always called Jeep. They used to be Willys-Overland GP(General Purpose). They started being manufactured during the time of the Second World War. GP eventually became jeep which eventually became Jeep. Since they began being called a Jeep they have not changed their name and have become an American Icon.
Over the years I have had several businesses. One of those businesses has been the same type of business for almost 27 years. I started out as Chainmaille By Eric. Over the years I have partnered up with several other chainmaillers and changed my company name several times. Had I kept my original name I would have been much better established. Tangled Metal started 2 years ago by the looks of it, but I started the company 27 years ago.
Too many people change the name of their business over time. And by doing this they never really get established. What if eBay had decided that their name was just stupid and changed it to something like Online Auctions a year after they started. They would have lost a lot of creditably. Fortunately they kept the name and are now the largest online auction site on the web.
The point I am trying to make is that once you have a name, keep it. Don't end up with a 2 year old business that has been in business for 27 years, like me. This is branding at its best. Get a name, use the name, brand the name and don't change it.
That is all for today. I am easing back into the routine of blogging and would love some suggestions for future blog posts. Please feel free to leave a comment or send me an email to MarketMyShop@gmail.com