Qezdabo
Established Member
- Impact
- 151
there was a time when brand names didn't matter at all. People needed money to invest in the product, and don't buy brands or domains, and they name their companies LastName's company.
Like Ford, Toyota, DuPont, Nestlé, Mercedes, Johnson & Johnson, Dell, HP, walmart, porsche, ferrari, Ben & Jerry's, heinz, Boeing, disney...
or just a combination of dictionary words: like microsoft, youtube, facebook, volkswagen, standard oil, general motors...
or just random like: kodak, pepsi, spotify, google, reddit...
or acronyms: NASA, 3M, IBM, BMW, AT&T, UPS, LG....
I know this is a domaining forum, but I still don't find a logical reason behind investing so much money in acquiring the best brand name. I know there are a lot of studies claiming a good brand name helps in sales and recognition. But I also consider the examples I gave above as a historical "study" that brand names don't matter a lot.
I don't understand why someone would pay millions of dollars for voice.com or chat.com or rocket.com...
I understand paying maybe thousands.
does it really matter at the end ? yes, people will remember your company.
But does it matter if people remember you ? the companies I gave above and chinese companies with unpronounceable brands are selling all their products and nobody cares, people only care about the value they can get for their money.
Like Ford, Toyota, DuPont, Nestlé, Mercedes, Johnson & Johnson, Dell, HP, walmart, porsche, ferrari, Ben & Jerry's, heinz, Boeing, disney...
or just a combination of dictionary words: like microsoft, youtube, facebook, volkswagen, standard oil, general motors...
or just random like: kodak, pepsi, spotify, google, reddit...
or acronyms: NASA, 3M, IBM, BMW, AT&T, UPS, LG....
I know this is a domaining forum, but I still don't find a logical reason behind investing so much money in acquiring the best brand name. I know there are a lot of studies claiming a good brand name helps in sales and recognition. But I also consider the examples I gave above as a historical "study" that brand names don't matter a lot.
I don't understand why someone would pay millions of dollars for voice.com or chat.com or rocket.com...
I understand paying maybe thousands.
does it really matter at the end ? yes, people will remember your company.
But does it matter if people remember you ? the companies I gave above and chinese companies with unpronounceable brands are selling all their products and nobody cares, people only care about the value they can get for their money.














