What’s in a Name?

Magnifying GlassHave you ever wondered what the origin of  your favorite Brand name is?  What was behind the naming of Starbucks, Oracle, or 3M?  There are a number of resources that can help you.  First stop, the Wikipedia “List of Company Name Etymologies” .  Many companies list that tidbit in the company history section of their website.  For example, Yahoo! is an acronym for “Yet Another Hierarchical Officious Oracle”.

What interesting parts of your Brand history are you leaving to other outside sources such as websites, bloggers or authors?  Does your company name have an interesting origin — leave me a comment and tell us a brief story.

By the way, Starbucks was name for the character Starbuck from a Herman Melville novel, Oracle was the code name for a consulting project Larry Ellison, Ed Oates and Bob Miner were working for the Central Intelligence Agency (CIA), and 3M comes from the company’s original name, Minnesota Mining and Manufacturing Company.

GMnext Wiki – A Missed Opportunity

About a year ago,  knowing my passion for Brand, a colleague at McDonald’s, forwarded me a link to the GMnext wiki.  It was a fantastic idea; instead of GM telling it’s story, it invited the public to create a living, evolving history of GM’s products, it’s people, it’s factories.  Unfortunately it was very poorly designed, promoted and executed.  As a consequence, the GM wiki was “frozen” in May of this year (2010) and it’s content integrated into the GM Heritage Center (pictured above).

Imagine the possibilities – a site that would let both the company and consumers tell it’s story.  Executed correctly, it could have been the single most respected source of GM information and history — all under the GM roof!  Passion for GM products could have been shared on Facebook, Twitter, countless enthusiast blogs, websites, and communities.   They tried to use a standard wiki interface, great for wiki-savvy contributors, very poor for Jane & John Public.  It was isolated from other GM digital properties and received little promotion/leverage from them.

The irony in all of this is that many current wikipedia references used the GMnext wiki as a source.  By the way, it may sound like I am not an advocate of wikipedia, not true.  But I believe that Brands need to own and promote their information and history as passionately as they advertise.

Nostalgia Sells

Photo of people in a large Coke CrateI don’t think that it is a secret that nostalgia sells.  There are literally millions of articles on the web that highlight this fact.  Marketing experts tell us again and again that the key to sales is to make a connection to the customer. Clearly it’s easier and faster to co-opt our fond memories than create a brand new positive association with your product.  Coca-Cola  is a master at tapping into our nostalgia with many of their commercials vividly displaying their generational history. At its core, their message is “Remember way back when you were young? Well, we were there with you”.

And more importantly, they have connected the nostalgia dots on the web!  Coca-Cola.com, the consumer site, offers up numerous nostalgic items from their online store, their archives folks author both a Facebook page and Coca-Cola Conversations blog.  Going even further, the Coca-Cola Company site has an extensive section on their heritage.  Why is this important?  When you type a Coca-Cola product name into a search engine almost all of the results are focused back to key Coca-Cola websites, not Wikipedia!  They are a Brand that understands the importance of connecting the consumer to their information first.

Chasing the Shiny Object – Levi’s

Historical Levi's AdThis is the first post of an on-going series I am going to author under the headline “Chasing the Shiny Object”.  Rich, storied, iconic Brands with decades of history treat this hard-earned position with a nonchalance that is disappointing at best.  Most have abdicated the details of their history to Wikipedia.org.

On the Levi’s.com site, I had to go to the site map to even find a link to the Levi Strauss site (and the link didn’t work).  While there is some information on the Corporate site, it seems shameful that an organization that invests millions into television and online advertising, spends so little effort to connect us to the history that built their iconic brand.

Furthermore, they are missing countless ways of connecting their customers to their brand online.  Imagine a Facebook “Like” button that not only posted the current product but offered a link to the history of the product that could be shared and read by millions of brand-loyal fans.