What’s in a name?

January 27, 2009

As we at Business Blueprints debate our own possible name change I’m reminded of the current campaign for Norwich Union. One of the things we do is measure awareness, be it specific brand awareness, advertising awareness or individual media recall. So perhaps it is interesting to see a company spending heavily on TV using such cultural icons as Ringo, Bruce Willis, Alice Cooper and Dame Edna to highlight their name change to Aviva.

Interesting perhaps but maybe also a little misplaced. I’m sorry, but didn’t they change the name to Aviva some years ago or as a customer am I imagining it? I’m all for getting a news story across which clearly they feel they are doing but where is the benefit? Where are the brand or product messages? Are they targeting current or new customers? Or is it in fact a very expensive b2b campaign for the city? How many people can you see saying ‘Honey, I must change our insurance cover to those nice Aviva people now they’ve got a new name!’

Which brings us back to research, and I hope they’ve done theirs properly. I worked in a sector a few years back where company and brand changes seemed to come around every three months. The only people who seemed to gain anything from it were the design companies who were paid to re-logo anything that moved and a few things that didn’t. I can’t remember a single change doing anything other than further confuse the very people they should have been considering most – their customers.

One assumes that an established company such as Norwich Union knows what it is doing. That is has weighed up the values in the existing brand name and evaluated the potential benefits of the shift to Aviva. But as we know but for every good name change there is a not so good name change, for every 02 success there is a corresponding Consignia.