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There are around 300 million companies in the world with different sizes of brands. It is becoming increasingly challenging to come up with a unique brand name. To create a successful brand name, start by selecting the type of name you want from one of seven different categories. Eponymous names, like Disney and Burberry, reflect the vision of their founders. Descriptive names, like American Airlines and The Home Depot, clearly state the business's purpose. Unique names, like Adidas and Tesla, offer a distinct identity to the brand.
