The product naming methodology applies across all categories and markets. The purpose is to have coherent and systematic naming for easy consumer understanding and shopper navigation as well as to allow for product/brand equity building. A good product name is used to distinguish the product from its competitors and can be applied to a single product or product family. Managing product portfolio is essential before applying new naming. For more details check MIP Midea International product naming regulation.
Segment & Category
Segment and category definitions are determined based on industry naming conventions used by brands and retailers. NB. Using a segment descriptor is not mandatory.
Family name
Product names are defined on product family level. There are two options available:
1. Series Number
This approach adopts Series numbers as family names to indicate hierarchy of product families in the overall category portfolio, eg. 5000 Series. A number in thousands (4 digits) is followed by the word “Series” (with capital S). See right to find how Series numbers can be grouped into Good/Better/Best value tiers.
2. Proposition led
If the proposition is differentiated (versus competition, ie. must have USP), you can use this for the product family name. The name must reflect a key benefit or RTB, and must be meaningful. “Me-too” or generic “run of the mill” propositions are not suitable for this naming approach.
Keep in mind to differentiate a new product that is launched under the same product family. Differentiate the product by adding ‘new’ on the respective touch point. When the former product is phased out the ‘new’ differentiator can be removed and possibly added to a next product launch.
Capacity
For certain products it’s crucial to note the capacity of the product in the naming string since this can help the consumer to easily browse and find the product they want. For instance, BTU for air conditioner, KG for washing machine and Liter for refrigerator.
Combine words and separate with capital letter.
Like this: One Touch Series Not like this: One Touch Series
Don't use too general words
Health Series
Don't use ambiguous or technical words
Don't use punctuation in naming
Non-Slip-Grip Series
Capacity example
Washing machine 3kg / 5kg / 7kg
Residential air conditioning 5000 BTU/h / 9000 BTU/h / 12000 BTU/h
Refrigerator 200L / 400L / 800L
Microwave 0.7 Cu / 1.7 Cu / 2.1 Cu