- Apr 16, 2018
Earn Hundreds of Dollars by Naming Businesses!
Back in the day, businesses had pretty plain and uninteresting names. Take the name of the founder, and “incorporated” after it, and you're done. The business world had become inundated with companies named after people with names like Smith, Miller, or Wilson. That changed when the dot-com boom of the late 90s happened, and we got businesses with unique names. Names like eBay and Google became the norm. And while their names sounded like jokes, the success they had sure wasn’t anything to joke about.
Today, companies like Twitter, Rockstar Games, and Netflix rule the business landscape, and they do it with some pretty cool names.
It must have been fun coming up with the names of those businesses. And check this out, I actually found a few websites that pay you to come up with names for companies! Not all of those companies will be looking for quirky names like those I mentioned, but you will still have the opportunity to create a name that distinguishes a company from its competitors. That’s pretty cool.
I gave them a try, and below are the ones that I think are noteworthy.
NamingForce clients use the site to hold contests for the best name for their business. The client can then pick the name that best suits their business. A monetary reward goes to the person who submitted the name. Basically, NamingForce is a crowdfunding site.
The name that gets chosen will get you on average $100, but it can range $50 up to $500, depending on the size of the business. You will have to sign up for a free membership before you can start pitching names. But once you do, you can submit as many names as you want per contest. So flex those creative muscles!
SquadHelp is pretty similar to the first website on this list. Clients hold contests, members pitch business names. The person who submitted the chosen name gets paid.
But SquadHelp takes it a step further and lets businesses solicit other branding materials, such as taglines and logos. If you have skills in creating actual marketing campaigns, your skills will be put to good use here.
3. Picky Domains
These days, the name of a business is often the same as its domain, or web address. Picky Domains, as its name implies pays members to pitch domain names to online businesses. This can include everything from e-commerce sites, social media platforms, and blogs.
Pick Domains pays from $25 up to $50 if you’re suggested domain gets picked. Payouts are done via PayPal and may take up to 72 hours to process.
Not the Creative Type?
If you’re not good at creating catchy and interesting names, don’t worry. You can still try your hand at creating and pitching names. There are a bunch of websites that can create thousands of random business names. You’ll still have to pick the good ones among the chaff, but these sites do most of the creative work for you:
FaceBlaze has a customizable interface, but note that you’ll have to pay a small fee to access the full list of name ideas.
The amount a contest pays depends on the client. I’ve seen a low of $25 to an all-time high of $500. Since your earnings depend on whether your submissions get chosen, I can’t really set a baseline income from these sites.
That said, my record weekly earnings was $400, spread across twelve contests. I lucked out and got chosen. This encouraged me to keep pitching names. While I never hit $400 again, my earnings have been pretty respectable.
The Verdict: Legit or Scam?
All of the sites above are legit! There’s no guarantee that your pitches will get chosen, but the sites are legit, and you get paid well if do get chosen. Also, pitching company names is a great way to strengthen your creative muscles, which is a happy byproduct.
This is my review based on my own experiences creating business names. Now it’s your turn to share. Did you come up with some cool-sounding names? And did they get chosen?
Let’s hear your stories!