Naming products and services is an incredibly important element to your branding strategy and marketing plan. Ideal product names are clearly descriptive, motivating to customers and memorable.
Or, you could take LG’s example and go with the alphabet soup approach:
The LG G Pad F 8.0 (don’t forget it’s trademarked!) is a real product. Try to imagine a customer talking about their new LG G Pad F 8.0 to a friend. Do you think they could even remember the full model name? Perhaps this clunky name is partially to blame for LG having to offer this tablet for $0.99– not exactly a high-margin sale.
LG’s product name is a prime example of naming a product from a production team’s perspective instead a customer’s. To the LG engineers, I’m sure this is a perfectly logical model name. But it doesn’t have anywhere near the impact of a simple, clear product name like iPad.
When naming your next product or service, try to be more like Apple and less like LG.