TRADEMARKS
A trademark is a word, figure, numeral, design, or a combination of any
of these, used to identify and distinguish the goods or services of a business
from those marketed by others. In other words, it establishes the relationship
between the goods and the manufacturer. A trademark can relate to both products
and services.
Some interesting trademarks are given below:
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Numbers can be trademarks like in the case of
501 tea and 555 cigarettes.
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Symbols can be trademarks like those of Mercedes
Benz or Apple computers.
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Orange cell phone service has successful managed
to include the color orange as its trademark. There are many causes of the color
part of the trademark.
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Sound like:
MGM`s “roar of the lion” can also be a
trademark.
WCB’s “Wasafi” can also be a trademark.
1. Select trademark
The trademark selected should
be distinctive. There should not be any scope for confusion with existing
trademarks. Not only is it bad for business, but it is also unlikely to be registered by
the registry of Trademarks. Also, the trademark should be appealing to consumers.
2.
Search and register
A few selected trademarks
should be submitted at the registry of trademarks for a paid search. Even the
unlikeliest of trademarks could have been visualized and registered by someone
in the past. This search will virtually eliminate the possibility of a similar
trademark having been registered earlier.
3.
Establish a trademark
The trademark can be
established in the market by brand building exposure. A trademark is established
by building recognition. Adequate investments have to be made in an appropriate
advertising and marketing strategy.
4.
Protecting
trademark
The trademark is protected by
regularly scanning the market for imitations and attempts of passing off. The
market has to be monitored by the sales team.
The
journal of the trademark has to be scanned to ensure that similar or identical
trademarks do not get registered.
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