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Question

Five Mark Questions:-
What is meant by 'Brand Name'?
State any four characteristics of a good 'Brand Name'.

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Solution

That part of a brand, which can be spoken, is called a brand name. In other words, brand name is the verbal component of a brand. For example, Asian Paints, Safola, Maggie, Lifebuoy, Dunlop, and Uncle Chips are the brand names.
Characteristics of a good brand name are:
(i) The brand name should be short, easy to pronounce, spell, recognise and remember e.g., Ponds, VIP, Rin, Vim, etc.
(ii) A brand should suggest the product’s benefits and qualities. It should be appropriate to the product’s function. e.g., Rasika, Genteel, Promise, My Fair Lady and Boost.
(iii) A brand name should be distinctive e.g., Liril, Sprit, Safari, Zodiac.
(iv) The brand name should be adaptable to packing or labelling requirements, to different advertising media and to different languages.

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