More than 600,000 new businesses open up each year just in the USA alone. With such a vast amount of competition, everyone tries their best to stand out from the crowd, get noticed, and attract more customers than others. Here we will take a closer look at a very important aspect of marketing. How to create a great business name that will bring more attention and how to pick a domain name that will help your business grow.
5 steps to the perfect business name
It’s a creative process that can be divided into 5 parts. Let’s go and learn how to choose a domain name for your business
1. Name that is easy to remember
Try to keep it simple and short, if possible without losing the meaning. Nerd Crossing or 7Eleven will be far easier to remember than Toms Custom Electronic Appliances Idaho. People will not remember the names that are too long or have words they do not understand. You can do a simple test to check if your name is easy to remember. Share your idea for a name when you meet with your friends and a few hours later ask them if they can recall the name that you told them before. Some names just stick with us. The Moving Guys is so much easier than Portland Interior Furniture Relocation Institute Ltd.
2. Make the company name speak for itself
The average person, especially online, will focus on the name for less than one second. This is how little time we have to describe our business. That’s why it’s a good idea to pick a name that is self-explanatory. As mentioned before, The Moving Guys, or Tina the Hairdresser. Of course, names like this are not always possible, but in many industries, those names will win the competition thanks to more straightforward communication. Think about the core of your business. What is the main product or service that people will buy from you? Try to build your name around it. Unless you are a big brand like Sony or Samsung, it is usually better to pick the name containing useful information for the customer.
3. The name has to sound good
Write down the list of names you came up with so far. And now read them out loud. Also, try to use them in a sentence. Let’s assume that the name is Worcestershire Sauce.
I just bought Worcestershire Sauce.
Can you pass me the Worcestershire Sauce, please?
Worcestershire Sauce is my favorite.
Where did you buy this Worcestershire Sauce?
Sounds difficult, doesn’t it? It’s a great test. People will tell others about your company, they will spread the word. And you’ll experience great benefitsif this word sounds good. Some names even get included in everyday communication like “let me Google that”. It sounds right compared to “I need to Bing more about it” which is a bit awkward. A great-sounding name is one of the reasons for Spotify’s and Uber’s strong brand awareness. They connect great with other words or in a sentence and sound strong and unique. Even if they do not explain what you can expect inside, they still do a great job of catching interest and being easy to pick up in a vocal conversation.
4. Easy to write down
In many languages, some words sound the same but are written differently. For example:
Eye and I
Plain and Plane
Mail and Male
Tail and Tale
And for phrases Example vs. Egg Sample
They are called homophones and we should mostly avoid using words like that, as it might be confusing for people to write down the name they have heard somebody talking about. Or they might look for it through Google, but due to writing it incorrectly, find completely different results than expected. For the same reason, we should also remember about commonly misspelled English words.
acquaintance – acquaintence, aquaintance is a great example of often misspelled English words. Now if we use such words in our business name, there is a risk, that plenty of people will get the name wrong. They will have a hard time finding us online and might feel discouraged to write the name down as they might be unsure of the correct spelling. Every language has its own spelling rules so we need to adjust our mindset properly and try to predict how people will see, hear and write down your company name. This will be very helpful when you choose the domain name later.
5. Make sure you like your business name
Last but not least, remember that it is your company, and the name should give you positive vibes. You will use it for a long long time. Mention it at least 20 times every day in various conversations. When you say that name, you should feel proud, happy, and never afraid to say it. When you feel that something is blocking you from telling others the name of your company, you might be just shy, but more often you feel in your guts that you don’t really like this name. Trust your feelings, make sure that the name brings you positive emotions. This is really important, as you don’t want to get stuck with a name that you don’t identify with in any way. This tip is more on the soft side, as it is difficult to define or measure, but I am sure that when you find the right one, you will just know it. You will just vibrate on the same frequency.
Check if the name is available:
You have followed the suggestions above and come up with a great name for your company. What is the next step? Now we need to find a domain name that can go with that name. Checking the domain availability is very simple, you can just write down your name below and see available domain names.
How to find the available domain name for your business
Well, the word available plays a very important role here. As the domain market is here for many years now, the most attractive and common names are usually taken. Don’t worry, we have answers on how to successfully choose the domain name. Here is how:
Try different extensions than .com
In our search tool, you can check 320 various domain extensions, and when you create a free account in Openprovider you will gain access to even more. Try to look for the extension that somehow completes your business name:
The .com is popular, but there is so much more. Check your options, find something unique that will be the best fit for your business.
Go creative when searching for a domain name
You don’t have to stick to the existing words, you can create new ones. You probably noticed that many startups now add “ify” at the end of the name, just like Spotify. Or “ly” like Fixly. Or change one letter in the existing word like Lyft. Options are unlimited. Nice option is to mix two words into one like Groupon, Securiteam and Spinfluence did.
You can also try to implement some foreign language words like Amigos Barber Shop, or Tatte Bakery. Tatte in Hebrew means grandma. There are also options to maybe add to your domain name some info about location or open times like BerlinSchnaps24. 7Eleven is a great example of not only telling about business hours but also using words that rhyme. Other names that rhyme that might inspire you: Hobby Lobby, Puzzle Huddle.
Consider buying an existing domain name
If you have a very specific idea for your business, searching for existing domain name, trying different variations etc. might simply not be the best choice. If you are willing to make investments, you can see the offers from the existing market by using one of many aftermarket domain platforms. Please be warned, some domains can get really expensive. You can think of it as of investment as well, like buying some good real estate. Of course it might be expensive, but you can also make some earnings when you decide to sell it at some point. It can also increase the total capital of the company. As you can see, when you choose a domain name, it’s not always about the name itself, sometimes it is also about money, investments and capital.
Buy multiple domain names
Can’t make the final decision right now? Just buy all the domain names you are interested in. They are not very expensive, especially for the first year period. After that time you can renew only those domains that proved to be useful. You can also think about buying some domains that are spelled very close to your main domain name to protect yourself from typosquatting. Buying more domains that have the same name, but different extensions is a common practice, both in smaller and larger organizations. They do that in order to secure their online presence from problems related to somebody registering their name and trying to do some phishing or promote competitors. You can also protect yourself by registering the trademark, but then you will have to actively monitor the internet to find potential hazards and run legal procedures. Sometimes it’s easier and faster to just block those names by buying the domains yourself at the very start.
Want to check if your domain name is available? Use the search option below: