The popular term 'brand name' is called a trademark in legalese. Any name, word, symbol, or numeral that can be graphically represented can also be registered as a trademark. Think of it as a unique symbol that differentiates your services or goods from others.
Good
trademarks are easy to remember and distinctive and unique in character. If you
still haven’t considered getting your trademark registered, here are a few of
the reasons that will convince you to do so.
Get exclusive rights
When
you register a trademark, you gain
exclusive rights over that trademark. You can use it for all the products that fall
under the applied classes. Moreover, you get to have the sole ownership over
that trademark. So, you can stop others from any unauthorized usage of that
trademark under the same class that you have registered it for. If any such
incident occurs, you have the right to use the unauthorized user.
Build goodwill and trust
The
quality of your services and goods are identified by the users through your
trademark. It helps in establishing goodwill and trust among your customers in
the market. You will get to attract permanent buyers who are loyal enough to
opt for your brand every time.
The differentiating factor
One
of the main reasons why you should consider going to a Trademark Registration Service is that the trademark makes it easy
for the customers to find your brand. It distinguishes your identity from the
other competitors you have in the market. Therefore, a trademark is like a
commercial tool. You can communicate the uniqueness of your company or product
and your vision through the logo.
A stamp of product quality
Customers
tend to attach the quality of the product with its brand name. Thus, the
trademark is also a recognition of product quality. As your trademark becomes
synonymous with quality in the market, it will make it easier for your brand to
gain more customers moving forward.
Creation of the assets
Registering
a trademark leads to the creation of an intangible asset, which is the
intellectual property for a business. Think of your registered trademark as the
right that can be commercially contracted, franchised, assigned, or sold. The
intangible asset in the form of a trademark is immensely valuable to an
organization.
Protection for ten years
Online trademark registration of the trademark can be done at an extremely low cost. You will
just need to pay for the maintenance cost once you have registered the
trademark. The renewal cost has to be incurred after ten years of registering
the trademark. Thus, you can maintain the unique image of your company in a
highly cost-effective manner.
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