TRENDS
Historic
Recently
Near
Future
Names
have historically followed certain styles and trends. Normally
we need a large body of work to see these trends, but the recent
Internet Bubble was an extreme example of a sudden trend to (a)
.com names and (b) wild and out there names.
(a)
Nowadays the pendulum has swung back to the other extreme. Of
course ".com" names are practically taboo and there
has been a rush to drop that moniker. Luckily, most of the companies
with good individiual brands (that survived) can simply drop the
".com" suffix and extend their legal tradename.
For
example. the high flying Garage.com is now the conservative Garage
Startup Ventures. Unfortunately they have some problem protecting
their rights to the word Garage, as it is generic and has been
used a lot by H-P and others before. Even IBM has a garage ISV
program now.
(b)
The wild and woolly days of the 1999 Internet Gold Rush are over,
and so too are the crazy way out there names like Gadzooks. Unfortunately,
executives are over-reacting and trying to go back to plain simple
names that are in a basic dictionary. This is fine except it is
very, very difficult to find a name that is trademarkeable and
distinctive in your industry that meets these criteria. Price
Waterhouse Cooper's consulting group was going to adopt the name
Monday when they finished their separation, so it is not impossible.
(In the meantime, they sold themselves to IBM instead). But expect
to see more verbs and adjectives being converted to proper noun
usage.
In
due course the pendulum will return to a resting place between
this present extreme and the other one from the late 90's. After
all, we still have to keep the lawyers happy - or more appropriately,
own a unique word in our customer's minds. Coined words like Verizon,
Pentium, Accenture, Cisco or Cingular. New and unique, but conservative
and strong enough to hang a good message on because there are
implied messages and values in most of them.