Thousands of new businesses are formed each month and if you're
one of these new businesses, it's likely you've had the difficult task
of coming up with a name for your company. While on the surface this may
not be one of the topics that keeps new owners lying awake at night,
choosing a business name is a vital aspect of forming a business and is
what many consumers will judge you upon when deciding to shop for goods
or services. It isn't uncommon for companies to waffle over the perfect
name for their business for months.
One problem is with so many
companies already formed you may find that every name you want is taken
and coming up with another suitable name is a monumental task. However,
through the power of the Internet, many companies are taking on input
from knowledgeable freelancers to help decide on a business name through
a concept known as Crowdsourcing.
What is Crowdsourcing?
Having
a solid business name will help you build around your brand and become
recognized within your industry. For those entrepreneurs who are
stumped, Crowdsourcing allows them to hear the voices of outside
individuals to help choose a perfect name. Crowdsourcing is the concept
of asking a number of people to help with certain aspects of a project
that collectively will help you achieve your goal faster, with more
precision and efficiency, and without the need to hire individuals in a
full-time capacity.
When it comes to picking out a business name,
you can go several different routes. One popular idea is requesting a
group of freelancers to help compile a list of business names for you
based on what your new business will sell or provide. Once the names
have been presented, the business owners can vote on the names.
The
individual who has chosen the name you ultimately end up going with will
receive either your job award or a special prize announced at the start
of the project. Crowdsourcing offline is another popular model by
getting a group of local freelancers together that can brainstorm and
discuss different names until you determine the perfect name for your
company.
Making Sure the Name is Right
When
using a crowd to help choose your business name, you will get many
individuals willing to help and give their opinion. What is important is
to explain to everyone what the businesses' primary goals are and
products/services your business will offer to the public. Having this
information laid out in print or online will help individuals come up
with a name that suits your business the best.
By utilizing the
power of a crowd, there is a very good chance you will end up with a
name that helps your company stand out and gives the owners good footing
in their new endeavor. If nothing else, Crowdsourcing helps stir up the
minds of new business owners to formulate a name from the collection of
ideas given to them through Crowdsourcing candidates.
Witmart.com is a global online crowdsourcing service market that
aims to provide Employers and Providers with the most reliable
marketplace to post and find jobs. Millions of freelancing experts who
are skilled in design, writing, progamming, planning, and marketing use
our site from all across the world. www.witmart.com
