The article discusses the transformative power of unique names in marketing, emphasizing their role in brand differentiation, consumer perception, and pricing strategy.
Abstract
The article "Buzzwords Are Roadkill: 3 Marketing Targets Unlocked By Unique Names" delves into the significance of unique brand names over generic buzzwords. It illustrates how a well-crafted name can elevate a brand's image, align with changing values, and command higher prices. The author, Annie Wegner, provides examples such as the rebranding of renewable energy to "Freedom energy" in Germany, which resonates with consumers' desire to support Ukraine by reducing reliance on Russian oil. The article also highlights the psychological impact of names on consumer behavior, citing how luxury pricing is influenced by the uniqueness of a product's name, as seen with Starbucks' drink sizes and Fashion Nova's dress names. Furthermore, it explores how rebranding can alter public perception, turning ordinary items into more appealing products, such as rebranding "junk food" to "fast food." The article concludes by encouraging readers to consider the power of names in their branding strategies to create a positive consumer experience and distance themselves from negative connotations.
Opinions
The author believes that the evolution of terms like "influencer marketing" to "brand creator/content creator" reflects a shift in societal values and consumer expectations.
There is a strong emphasis on the idea that unique names can give products a competitive edge and align with consumer desires for innovation and social impact, as seen with the rebranding of bamboo toothbrushes and renewable energy.
The article suggests that investing time in crafting the perfect name is crucial for luxury pricing strategies, as it can significantly influence consumer willingness to pay.
It is argued that the language used in branding can transform the ordinary into the extraordinary, making products more appealing and lessening the stigma associated with certain terms.
The author posits that distance from negative terms through rebranding can lead to a more positive consumer perception and experience.
The article implies that a membership with Medium, where the article is published, supports writers and helps readers achieve their goals, suggesting a symbiotic relationship between content creators and consumers.
Buzzwords Are Roadkill: 3 Marketing Targets Unlocked By Unique Names
Your death grip on keywords cuts your profit margin.
The feelings of creators and consumers are forever different.
I remember when the word on the internet streets was influencer marketing. Guess what models like Kendall Jenner and Hailey Bieber did? Influence.
They lived off sponsorships and brand deals.
The phrase, influencer marketing, got a facelift to brand creator/content creator. What happened? People’s values changed.
Kendall Jenner —created an alcohol brand
Hailey Bieber — has a makeup line underway
Alicia Keys partnered with Master Class to teach a songwriting course
Your words are powerful.
If you don’t want to compete or fight to achieve your brand goals, avoid buzzwords.
1. Greater Good Change
Selling innovation to help the planet we live on isn’t easy.
How do I know?
Bamboo toothbrushes are better for the planet. You’d think I’d find it easy at my local grocery store or convenience shop. Nope.
I’d have to head online and pay shipping fees to get this toothbrush.
Give people a reason to transform their behavior.
Germany is ready for the challenge.
The country’s quest for renewable energy now has a deeper meaning. Helping Ukraine by not buying oil from Russia.
The intention also made the name rebrand easy to develop.
The change? Renewable energy -> Freedom energy.
Doesn’t it make you want to park your car to use a bike or public transportation?
Formula
Old name + New intentions
2. Luxury Pricing
I’ll forever say Fashion Nova overprices its clothes.
But their copywriter puts more effort into naming the products.
Headlines and offer titles are bestsellers.
Budget longer hours to get the name right.
Shein Bodycon Dress Name: Solid Ruched
Fashion Nova Bodycon Dress Name: Keep It Cash
Many sellers state the most in your face; didn’t-have-to-think-about-it-long titles. A child could give a dress a “Shein Botanical Print High Split” title.
The more unique and fancy a name, the more people will pay.
Starbuck: Why stop at tall. It’s Grande, Venti, or Trenta.
Designer: Not a handbag. It’s a Michael Kors bag.
Whole Foods: Not prunes. It’s dried plums.
Pick a fancy name to help your audience explain away the cost when people accuse them of wasting money.
Formula
Fancy/Unique title. Keywords in the product description.
3. Acceptance
Names make items appetizing.
Junk food -> Fast food
Cartilage of animals -> Gummy bears
Brisket waste -> Burnt ends
All sorts of ground meat -> Sausage
Sweetened manufactured sugar -> Candy
Make your branding a positive experience.
You feel terrible eating junk food and cheat meals.
But you feel fantastic when eating fast food or (sugary) snacks.
The terms you use to name your service or product change consumer perception. If you want to make an offer less scary or ordinary, rebrand the label. More examples:
Juice -> Non-alcoholic beverage
Death tax -> Estate tax
Chicken sandwich-> McChicken
Loans -> Buy now, pay later
Motivational speaker -> Mentor/coach
Crypto -> Web3
Distance yourself from negative terms by using more positive synonyms.