Creating a new business name can be challenging, often requiring hours of brainstorming and research. Thankfully, with the advancement of AI, businesses can now rely on AI-powered business name generators to quickly generate catchy and memorable names. In this article, we'll discuss the factors that go into generating a captivating business name, what AI tools you can use to get one, and how to select the right domain name for your website with AI.
With millions of start-ups entering the market yearly, having yours stand out is challenging. The US Census Bureau estimates that 4.4 million new businesses start every year. However, only 25% of those companies go beyond fifteen years. Of course, a myriad of factors exist for a business’s success. And a strong business name is a crucial one.
However, generating the right business name is challenging. Other businesses may already be using your desired titles, and a branding agency can charge at least $7,500 to give a list of simple business names. But that’s where an AI business name generator comes into play. Artificial intelligence (AI) is the most significant phenomenon of the 21st century. An MIT report suggests 87% of global organizations use AI to give them a competitive edge.
Generative AI is even more enthralling with its ability to generate several content types, such as text, images, audio, and videos. And among the extensive use cases of generative AI, generating a concise, compelling, and creative business name is one of them. In this article, we’ll discuss the factors that go into generating a captivating business name and what AI tools you can use to get one. We’ll also discuss the significance of digital presence and effective domain name selection for your websites for a more significant impact.
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5 factors to consider when choosing a business name
Take any big business name from Google, Amazon, Apple, and Netflix to Coca-Cola, Pepsi, Nike, Adidas, amongst many others; all have one thing in common, they all are parts of our daily lives, and we often use a few of them as ordinary English words. It’s pretty common to hear people say, “Let’s Google,” whenever they want to search for something over the internet.
Of course, a business name is one of the many other factors that lead to such big brands, yet it is an essential first step. An effective business name tells what your product or service is about and helps you establish a particular position in the market. So, how should you choose a business name? Below we discuss some important factors that will guide you in selecting the perfect name for your new venture.
1. Value Proposition: A value proposition provides your customers with a clear understanding of your product’s or service’s benefit. It’s a simple sentence highlighting your unique selling point (USP), convincing customers that your product or service is better than your competitors.
Your business name should, in essence, reflect your value proposition.
For example, The name “Google” comes from the word “Googol”, used in math, which indicates a number beginning with 1 and having a hundred zeros. Founders chose the name to signify the vastness of their search engine.
2. Brand Identity: Understanding your brand identity can be a valuable guide for naming your business. After all, brands help you distinguish your company from competitors and tell customers what you stand for. Brand names like Nike, Adidas, Gucci, Rolex, etc., carry meaningful, inspirational stories that appeal to a particular target audience.
Nike, for example, gets its name from the Greek goddess of victory, indicating the company wants to associate its products with triumph, motivation, and power. Similarly, the name “Alibaba” comes from the famous folktale about a woodcutter and forty thieves. Jack Ma, the co-founder, chose the name due to its global appeal, indicating the company’s mission to have a global reach.
3. Memorable: The name should be memorable and must strike a balance between being generic and unique. A generic name may not grab attention, and a name too unique may be challenging to remember. You can choose simple, easy-to-spell names relatable to a broader audience.
Apple is an excellent example of a memorable name that’s simple yet unique for a company and catchy with global relevance (everyone knows what’s an apple!).
4. SEO-friendly: In today’s highly technologized age, you can only have a successful business with a robust digital presence. Search Engine Optimization (SEO) is critical to your digital success. SEO ensures that your website appears at the top of the Search Engine Results Page (SERP) when people search for your products or services.
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SEO is an extensive field involving several techniques for optimizing your website and content for higher rankings on SERP. But one way to improve your SEO score is to have a business name that will help boost search engine rankings. You can begin by searching for relevant keywords in your niche and then craft a name incorporating the keyword or its meaning.
5. Domain Name: Choose a title for which you have a domain name available. A domain name is essential since it will be the primary address for potential customers visiting your website. A business name identical to the domain name will reinforce your brand and make it easier for customers to remember your company.
Usually, the “.com” domain extension is the most memorable. But it’s also the most competitive. So try choosing a name for which the “.com” domain is available. You can also use keyword variations to make the domain name unique for better availability.
Considering the above factors, try giving an AI business name generator appropriate prompts to get relevant business names instead of randomly telling the tool to generate ideas. Make sure you do ample research on your target audience, competitors, and keywords to select the perfect name that will have an enduring impression on your customers.
The following section will list some popular AI tools for generating business, brand, domain, app, or product names.
5 AI tools to generate business, brand, domain, app, or product names
1. Wix
Wix business name generator offers a simple interface and lets you generate several business names by entering relevant keywords or industries to give specific business name suggestions, as shown below.
For example, you can enter “AI Assistant” as the primary keyword and “Technology company” as your industry to get the following suggestions:
As you can see, several suggestions pop up. Of course, not all will suit your style and brand identity. So choose a name considering the factors mentioned in the previous section. Once you decide which name to use, click on it, and Wix will direct you to the domain name generator page to check for domain availability.
For example, if you select “Creatively Ai Assistant,” you can check for domain availability by entering the name in the search bar as shown below.
If the domain name is available, you’ll get a message as follows:
Here, the .com domain is available for “Creatively Ai Assistant”
2. NameSnack
NameSnack is an easy-to-use AI business name generator that lets you enter relevant keywords for your niche to generate creative names for your company. You’ll also see whether the .com is available against the names the tool suggests.
For example, if you enter “AI Assistant” as the primary keyword and click “Generate,” you’ll get the following:
You can also enter a category or niche you’re targeting and generate more specific results. The snapshot below shows suggestions for the “Copywriting” category.
As you can see, you get several unique suggestions, and the tool also lets you get a free logo. You can learn more about AI logo generators in our article.
3. Themeisle
Themeisle’s simple interface allows you to enter your primary keyword and search for available top-level domains (TLDs). It offers several domain options besides the .com domain.
For example, the snapshot below shows domain name suggestions for “AI Assistant.”
That is, the AI business name generator gives you many options, such as .net, .com, .org, etc. You can select more from the “TLD’s” drop-down menu, as shown below:
Also, the tool suggests some premium names. You can view them by scrolling further down the page.
Clicking “View Details” will direct you to the page where you purchase the available domain. Premium domains can cost $300 at least.
4. Zyro
Zyro’s AI business name generator can take several keywords at a time and generate brandable business names, which you can copy with a single click.
Let’s enter “AI Assistant,” “Website Builder,” and “Automatic Web Design” as the primary keywords in Zyro to get the following results:
The names, as it happens, are unique, making Zyro a suitable tool for businesses wanting a fancy title.
The tool also offers many top-level domains (TLDs), such as .com, .tech, .net, .yt, etc., but you’ll have to buy a plan first to get these domains. You can purchase the basic plan costing $11.99 monthly, or the business option at $14.99 monthly.
5. Brandroot
With Brandroot’s AI business name generator, you can generate unique business names by entering relevant keywords according to your niche.
For instance, the keyword “AI Assistant” generates the following results:
As you can see, unlike other tools, Brandroot generates visually appealing logo designs and allows you to filter names by length, type, and position.
Also, you can see that the.com domains are available for all the options if you click on a particular name.
[BONUS] How to choose the right domain name with AI?
An effective digital presence requires an appropriate domain name that’s easy to remember. An AI business name generator helps you quickly generate attractive business names based on keywords for your niche. However, as we saw, domain name availability is also a crucial element. Below are helpful tips for selecting the right domain name using an AI business name generator.
Be brand-specific
The first thing you must do before using a business or domain name generator AI is to define your branding strategy. Your domain name must match your brand identity.
Do a keyword research
As mentioned, an effective digital strategy depends heavily on SEO, which requires choosing appropriate keywords for your domain. You can use AI SEO tools to conduct keyword research. Also, you can get ideas through ChatGPT-3 by entering suitable prompts. Once you find your primary keyword, you can use AI domain name generators to help you find domain names that include your keyword or its variations.
Make it simple
Generating a simple domain name is easier said than done. On the one hand, you want the name to be unique, while on the other, you want it to be easy to remember and short. Getting it right can involve a lot of trial and error, but always ensure that the domain name has no hyphens, numbers, or other special characters.
Choose a popular extension
The .com is typically the first choice for an extension. However, you can also use other extensions, such as .net, .org, .tech, etc., if the .com extension is unavailable. The AI tools discussed above help you find relevant top-level domains (TLDs) quickly.
Conclusion
A website is how a customer primarily discovers your business and its name. So, you must have a user-friendly website with all the correct elements to explain your products and services in a way that convinces the customer to convert. 10Web AI Website Builder is a tool that lets you build professional websites 10x faster with AI. The tool provides AI-generated images and content you can easily customize using editor based on Elementor.
The creation process is also straightforward. All you have to do is answer a few questions regarding your company, and the AI will generate tailored content while letting you add more pages to complete your website.
The editor has over 50 widgets, several forms, menus, and sliders, with various colors, typography, and design structures. Also, it ensures all your websites are entirely responsive for a better user experience.
You can use an AI business name generator with 10Web AI Website Builder for free to create a compelling website. So sign up now and take your business to new heights!
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FAQ
How to make sure the name AI suggested is unique?
How to validate the AI-suggested business name idea?
Can domain name be the same as the business name?
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