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Square, Block, and the Impact of Your Product Name

Square, Block, and the Impact of Your Product Name

FromBetter Product


Square, Block, and the Impact of Your Product Name

FromBetter Product

ratings:
Length:
31 minutes
Released:
Jan 18, 2022
Format:
Podcast episode

Description

Changing a company or product name in a rebrand is a big decision. That’s because renames are usually seen as a way to cement a changed identity. But what if we told you that names are only as valuable as what we build around them? We’re exploring the concept through the recent Square-to-Block rename, and what to consider when putting a name to your own product.  Want to add your own take? Write a note or record a voice memo, and send it to erica.irish@innovatemap.com to join the conversation.  Follow us on LinkedIn and Twitter to see the latest in Better Product, a show part of the Better Product Community powered by Innovatemap. The community is the connection point for product leaders & practitioners to learn and share what it takes to design, build, market, and sell better products. Learn more at betterproduct.community.  Takeaways:  Names are significant, but what you build around them matters more.  It’s the burden of brand & positioning to make a name mean something.  Big Tech names are trending towards generic words—but does that actually limit creativity for others?  Things To Listen For: [1:00] How Meghan & Christian got their own names  [2:30] A name change isn’t just about a word; it’s about an evolved identity [2:50] What really matters to a name is the strength of your brand & positioning  [3:00] Good names don’t have to make sense, but they should be memorable... [4:00] …and what you do with your name usually matters more than the meaning [5:20] Introducing the Square story through a book, The Innovation Stack  [6:20] Why Square chose the new name Block [9:30] An established name should influence how you think about brand & product  [10:20] Why there’s no “one way” to name your company  [11:00] It’s the burden of brand & positioning to make names mean something  [11:15] Revisiting the Mailchimp & Surveymonkey rebrand  [14:00] Names don’t always reflect the product—and that’s OK  [15:00] Names tend to evolve with how they’ll be used  [15:45] When it might be time for a company to consider a rename  [17:00] Understanding how names and renames can influence growth  [19:00] Are current trends in Big Tech names “land grabs”? 
Released:
Jan 18, 2022
Format:
Podcast episode

Titles in the series (100)

Digital products don’t just live online. They are made up of people, experiences, and awe-inspiring innovation. This show shares the stories of industry-leading companies whose products have a soul, a mission, and a vision. Through engaging conversations with CEOs, entrepreneurs, and innovators, hosts Christian and Meghan explore the notion of what it takes to build better products. Better Product weaves a narrative story about the good, the bad, and the ugly of ideating and activating the digital products that have launched businesses and changed the world. Listen weekly to understand how digital products are created, how design influences adoption and ultimately, why product means everything.