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For
any corporation with plans to hit the markets with going public
in 2005 or beyond, here are some key points.
Just
like how your latest technology and your other corporate assets
are essential to develop great financials for a potential IPO, your
corporate image and brand name recognition are equally important
to get the word out in the marketplace. Both are critical for real
success.
Googles
recent success with their public offering and the way their unique
name played out is a clear case of a smart victory. Uniqueness and
distinction makes a clear path of communication starting from your
HQ all the way to the shareholders via the stock markets. A corporate
brand with millions of dollars in advertising and promotional support
is just a useless brand unless it has a unique position, and a clear
name identity, strong enough to place the corporation aside from
all the other copycats and look-alike, similarly named companies.
If
an IPO is supposed to be an offering designed to get the attention
of investors, then it certainly requires all the necessary ingredients
to achieve such a goal.
There
are far too many companies going public, which simply fizzle away
as soon as the press and media blitz is gone, normally this measured
excitement only last a few pre-numbered days. The questions are
why corporations do it and why they pay so dearly for such a poor
response. If the game is to get the best attention and be a media
darling, then obviously some rules must be followed. Here are some.
The
Best Stock Market Names: It is absolutely critical to have a great
name for the public co. Very often, corporations convince themselves
that they have the best corporate name. This notion is a result
of a slow romance they force upon themselves with their strange
and a weird name, as they endlessly spend more and more money, all
in hope of prove themselves right. Expensive blitzes simply prolong
the agony. While the name regardless of its origin and its history
hums along for a free ride. History gets written.
For
any stock offering planning, a clear and distinct powerful name
is a prerequisite, and this process must be carried out well in
advance of such an undertaking. Park the emotions outside the boardroom
and ask some tough questions. How is the name structured and what
messages are being emulated by this moniker?
There
are many ways to determine the power of a name but all these require
the proper execution of rules and regulations to measure it. Personal
and subjective opinions and irrelevance are not the call of action.
To begin with acquiring a new name or changing it to fit a particular
strategy is the easiest thing do; just do not confuse this with
general branding motions. More suggestions.
The
Best Corporate Image: Now it becomes absolutely critical to have
a proper corporate image to fit your true corporate personality
and as name issues are solved, this process only becomes a logical
extension.
Often
corporations have their corporate image diametrically opposed to
the subtle message of the name, which was initially supposed to
be saying something else, is being read very differently by the
market at large. This type of chaos in the communication messages
what hurts the young company.
The
creation of a Publc company is a fine art, so is the creation of
corporate names and corporate image. The more you understand the
issues the more successful you will be in your big ventures. Remember
as you approach the stock markets it is the STOCK symbols that you
need to clear.
The
Best Delivery Of Message: All is useless, without a clear and a
distinct supporting message along with a system to reach the largest
targeted audience.Today, cyber-branding plays a critical role, the
perfect URL, the website and the navigation. The right content delivered
at the right time and the right place to the correct person.
Sounds
so easy and simple. It is. Just follow the rules and get the proper
cyber-branding in place with a solid URL, and rest will unfold very
nicely.
In
conclusion, all of the above does not require big budget, big blow-up
advertising and branding, rather a smart and a lean approach to
create a one-of-kind corporate name identity with a matching URL,
which can all be achieved within a few weeks. Out there, technology
has changed the marketing landscape, and for stock players, these
new demands are only to improve their visibility in investors
relations with much greater confidence.
Naseem
Javed, author Naming for Power and also Domain Wars,
is recognized as a world authority on global name identities and
domain issues. Javed founded ABC Namebank, a consultancy he established
a quarter century ago, and conducts executive workshops on image
and name identity issues. He can be contacted at njabc@njabc.com.
(The views expressed
here are those of the author and indiantelevision.com need not necessarily
subscribe to the same)
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