18 {{ upvoteCount | shortNum }}
18 {{ upvoteCount | shortNum }}

Quick question - what do you understand by the term...

by JamesPenn
15 replies
I'm currently creating a product and trying to think of a name for it. I've thought of one idea I like, but I've asked a few of my friends if they understand one of the words in the product name... and most have said no.

So, what do you believe the word "exponential" to mean?

What other synonyms can you think of for it?

Thanks,
James
#question #quick #term #understand
  • Profile picture of the author Sam Rodrigo
    Exponential? James, just that 2, 4, 16, etc. IF I can remember correctly, you end up with 10,737,418.24 @ 0.02x30^2 -- I am pretty sure.

    Usually the arguement goes: Would you like $100,000 now or a PENNY doubled for 31 days? I'd go for the latter...

    So, exponential? My suggestion is to 'deep six' the word and find a name your friends understand. IF most people don't get it, that's a bad sign, right off the bat.

    Success,
    Sam
    Signature
    RICH SAGE BLOG

    LOCAL AFFILIATE GOLD MINE:
    >> CLICK: BiiG NETWORK LAUNCH WSO     <<
    SIGN UP FREE. LIMITED NICHES/LOCATIONS!
    {{ DiscussionBoard.errors[514414].message }}
    • Profile picture of the author Steve Sanchez
      Is that the title or a description? It's great for a description but I think you'll need another title.
      {{ DiscussionBoard.errors[514466].message }}
      • Profile picture of the author Jonathan 2.0
        Banned
        I didn't understand it. (Sounds cool though.) Unless you're 100% certain the vast majority of your market will understand what it means I'd go with a new and improved version of your name. When I'm thinking of naming something I always pull out my trusty thesaurus.

        By the way to reach $1 Million surely it's $1 doubled for 31 days.
        Signature
        "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
        {{ DiscussionBoard.errors[514522].message }}
        • Profile picture of the author Michael Oksa
          Originally Posted by ZigZag View Post

          I didn't understand it. (Sounds cool though.) Unless you're 100% certain the vast majority of your market will understand what it means I'd go with a new and improved version of your name. When I'm thinking of naming something I always pull out my trusty thesaurus.

          By the way to reach $1 Million surely it's $1 doubled for 31 days.
          Nope, it's much more than that.

          $0.01 - 1 penny doubled every day, for 31 days = $10,737,418.24

          That's nearly 11 million dollars.

          All the best,
          Michael

          p.s. As per the original post, yes, I know exactly what exponential means, but I think it sounds a bit hypish.
          Signature

          "Ich bin en fuego!"
          {{ DiscussionBoard.errors[514593].message }}
          • Profile picture of the author Jonathan 2.0
            Banned
            Originally Posted by Michael Oksa View Post

            Nope, it's much more than that.

            $0.01 - 1 penny doubled every day, for 31 days = $10,737,418.24

            That's nearly 11 million dollars.

            All the best,
            Michael

            p.s. As per the original post, yes, I know exactly what exponential means, but I think it sounds a bit hypish.
            That's a lot of money. I must have been thinking of another formula where you double dollars for X amount of days.
            Signature
            "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
            {{ DiscussionBoard.errors[514662].message }}
            • Profile picture of the author JohnMcCabe
              Originally Posted by ZigZag View Post

              I didn't understand it. (Sounds cool though.) Unless you're 100% certain the vast majority of your market will understand what it means I'd go with a new and improved version of your name. When I'm thinking of naming something I always pull out my trusty thesaurus.

              By the way to reach $1 Million surely it's $1 doubled for 31 days.
              Originally Posted by Michael Oksa View Post

              Nope, it's much more than that.

              $0.01 - 1 penny doubled every day, for 31 days = $10,737,418.24

              That's nearly 11 million dollars.

              All the best,
              Michael

              p.s. As per the original post, yes, I know exactly what exponential means, but I think it sounds a bit hypish.
              You actually pass the million mark on day 21...

              I like acceleration or accelerated as an alternative - it connotes continually increasing rate of change. In other words, not only do you go faster, the rate at which you go faster grows as well.

              Visualize getting behind the wheel of a hot dragster and popping the clutch. If you watched the needle on the speedometer, not only would the needle be moving, it would be moving faster as you go.

              Unlimited exponential growth has some unpleasant Malthusian implications...
              {{ DiscussionBoard.errors[514720].message }}
      • Profile picture of the author Paul Myers
        Exponential, in the context you're probably using, means, "rapidly increasing rate."

        Some possibly useful alternatives:

        accelerate
        snowball
        runaway
        unlimited
        breakthrough
        explosive
        rapid
        intense
        velocity
        Signature
        .
        Stop by Paul's Pub - my little hangout on Facebook.

        {{ DiscussionBoard.errors[514568].message }}
        • Profile picture of the author Jonathan 2.0
          Banned
          Originally Posted by Paul Myers View Post

          Exponential, in the context you're probably using, means, "rapidly increasing rate."

          Some possibly useful alternatives:

          accelerate
          snowball
          runaway
          unlimited
          breakthrough
          explosive
          rapid
          intense
          velocity
          OK forget the thesaurus. We've got Paul Myers: The trusty and accomplished wordsmith. Great alternatives, Paul. For some reason I like velocity.
          Signature
          "Each problem has hidden in it an opportunity so powerful that it literally dwarfs the problem. The greatest success stories were created by people who recognized a problem and turned it into an opportunity."―Joseph Sugarman
          {{ DiscussionBoard.errors[514599].message }}
        • Profile picture of the author Brad Spencer
          Originally Posted by Paul Myers View Post

          Exponential, in the context you're probably using, means, "rapidly increasing rate."

          Some possibly useful alternatives:

          accelerate
          snowball
          runaway
          unlimited
          breakthrough
          explosive
          rapid
          intense
          velocity

          James,

          These were all potential words I'd use.

          However, I would say "VIRAL" is the best word to use...describing an IM product.

          Hope that helps...

          Brad Spencer
          Signature
          {{ DiscussionBoard.errors[514776].message }}
          • Profile picture of the author Paul Myers
            Brad,
            However, I would say "VIRAL" is the best word to use...describing an IM product.
            Viral action can create this kind of growth rate, but the term has very specific meanings that separate it from the growth rate itself. Most specifically, the idea of the growth being powered by end users passing it along to others.


            Paul
            Signature
            .
            Stop by Paul's Pub - my little hangout on Facebook.

            {{ DiscussionBoard.errors[514829].message }}
  • Profile picture of the author brandonhess
    I was thinking more along the lines of growing rapid. Not the whole math equation. So I would get it. Makes sense to me.
    Signature

    Brandon H "Team Work Makes The Dream Work"
    Team Work Lens
    10k Matrix Lens
    Spam My Blog, No opt-in
    Twitter Train Blog

    {{ DiscussionBoard.errors[514580].message }}
  • Profile picture of the author Andy1750
    The mathmatical definition is something very specific.

    However, in general conversation in tends to mean that something changes more than proportionally with time.

    Thanks,

    Andy
    Signature

    Not trying to sell you anything :-)

    {{ DiscussionBoard.errors[514589].message }}
  • Profile picture of the author getsmartt
    yeah exponential is not a good word to use, and for the life of me I cannot think of a better word.
    Signature

    Was mich nicht umbringt, macht mich stärker

    {{ DiscussionBoard.errors[514607].message }}
  • Profile picture of the author JamesPenn
    Thanks everyone for the response.

    Yes, I was thinking of exponential as a temr to describe "growing at an ever increasing rate". It's the only term I could come up with to describe that but thanks Paul for those alternatives.

    I may use one of them instead.

    Another alternative is to have a definition of the word on my salespage. I'll finish the product up and see what I can come up with.

    Thanks everyone for your help.

    James
    {{ DiscussionBoard.errors[514714].message }}
  • Profile picture of the author jgoffshore
    The exponential function is a function in mathematics. Something grows exponentially when it repeatedly grows by multiples of some factor in a rapidly accelerating fashion. So in MLM or internet marketing there is a clear connection. But I'm of a generation who were well taught and I'm not sure if anyone under 35 would get the connection. No, I'm not a mathematician (no chance) I've just had a well rounded education.
    I can see a connection - but you might feel that you are being too clever for your own good if few others get the connection.
    Signature
    Business Information Blog
    Antiquarian & New Books
    International Tax & Business Consultancy
    {{ DiscussionBoard.errors[514900].message }}

Trending Topics