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There are approximately 300 million companies worldwide, each with a unique brand name. Creating a great brand name is becoming increasingly challenging due to the sheer volume of brands. To succeed in the name game, start by selecting the type of name you want from the seven categories available. Eponymous names like Disney and Burberry reflect the founder's vision, while descriptive names like American Airlines and The Home Depot tell you exactly what the brand is about. Unique names like Adidas, derived from the founder's name, and Tesla, paying homage to Nikola Tesla, are also effective.
