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There are approximately 300 million companies in the world, each with its own unique brand. Creating a great brand name is becoming more challenging due to the saturation of brands. To win the name game, start by choosing the type of name you want - eponymous names like Disney and Burberry reflect the founder's vision, while descriptive names like American Airlines and The Home Depot explicitly state what they offer. Other categories of names include suggestive, compound, abstract, coined, and associative names. Each type serves a different purpose in creating a memorable and impactful brand name.