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Carsonified had a good post on this back in 2007, and so did Kevin Rose and Tim Ferris.

http://carsonified.com/blog/business/how-to-name-your-compan...

http://vimeo.com/3934635

When it comes to consumer goods and services, short, sweet, and memorable should be your 3 primary objectives IMO. Be careful not to be to descriptive with the name or logo design, it can be problematic if/when you try to expand into other markets or grow new products that are different from your existing focus.



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