Brand Bucket is rolling out a new product offering. The service is being called Name My Company. “We’re bringing crowdsourcing to the naming industry, allowing entrepreneurs to describe their startup and recieve name suggestions from our community.”
Now there is competition in this arena and some sites will actually pay the participant who picks the name the company chooses.
The email that Brand Bucket sent out said the following:
Request A Name
By writing a well rounded professional description and submitting it to our site, you can solicit the help of others absolutely free!
Suggest Names
Everyone can suggest names! You can help other startups looking to name their business find their perfect match and pay it forward.
This should be interesting and may not go over well with those who list their names on Brand Bucket, I am sure they want someone to buy their name, not have a start up take a suggestion from the crowd.
***Update*** unlike other crowd source naming services (that don’t have a marketplace) only names listed on Brand Bucket can be suggested, so that is a win for members.
Spot on Raymond on your last point. I am not happy not happy at all so now a bunch of people can suggest a name and the start up register that name for $.99 instead of buying my domain name or someone else’s domain name who submits domain names on brand bucket.
It does look like Peter that you will only be suggested names that are on Brand Bucket. So that is good for members.
Hi, I suppose they could only suggest names available @ BrandBucket.
Yes I updated the post to reflect that. So that is a good thing for members imo. Another chance to sell.
Will wait to see how things turn up. I have similar service at http://www.NameFit.com
Please do make a visit.
Thanks
This is an interesting way to use the crowd. As several have suggested intuitively you’d want the best most descriptive name that’s brandable and doesn’t suffer from any trademark or service mark issues. That may or may not be a Brand Bucket listed name. Also In think they should reward the crowd. I checked out NameFit. Great idea!
The Namefit website lets you submit all domains you own and there is a limit in submitting domains so you will choose more wisely. I’ve been on Namefit for a while and it works great.
NameFit is a good idea. I am also working on a similar project with a difference. The crowd will get paid for suggesting a domain/name.
Interesting service…
where is the link to new service?
https://www.brandbucket.com/name-my-company/
I am also looking for the link at BB.
https://www.brandbucket.com/name-my-company/