Ask HN: We go global. We should rename our startup. Best practices?
But the problem is the name sucks. Because we didn't think big, we named it with local language and we think it's not a good idea going global with this name. Here are some pros and cons of renaming:
PROS
- It will be more memorable
- It will be a global name that everyone can spell
- (maybe) New name will bring a new breath to the team
CONS
- We will lose brand recognition of local costumers.
- We must buy another domain, so we will lose our Search Engine Optimized domain. We spent last year 23k $ for SEO
So what should we do for minimal consumer lost and maximal recognition? Do you have any experiences about renaming startups? What are best practices?
Or should we use the old name?