Tips to Avoid Bad Investment in Trademarking - PowerPoint PPT Presentation

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Tips to Avoid Bad Investment in Trademarking

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This is the reason it is important to have a strategy for filing, maintenance, and also enforcement of the trademark is crucial for startups. – PowerPoint PPT presentation

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Title: Tips to Avoid Bad Investment in Trademarking


1
Tips to Avoid Bad Investment in Trade marking
2
Tips to Avoid Bad Investment in Trademarking
  • Brand names that are attractive are quite in
    demand. People often get attached to them even
    without considering how burdensome it can prove
    to be. Maximizing the value of your brand names
    is important for startup businesses. A startup
    business usually has lesser marks. This means
    that each of the marks is at the core of the
    identity of the company and thus, has a
    significant impact on the customer satisfaction.
    In fact, startups have a small budget and have
    great expectations from each of the trademark
    filing. This is the reason it is important to
    have a strategy for filing, maintenance, and also
    enforcement of the trademark is crucial for
    startups.
  • Here are some common mistakes that you need to
    avoid to maximize the resource of your trademark.

3
Do Proper Research
  • You should not head straight to website of the
    trademark office to file an application. This is
    the quickest way to become confused as you might
    receive a refusal for trying to get a
    registration for a mark which is pretty similar
    to someone elses. Similar mark can confuse the
    consumers regarding the product. You should do a
    considerable amount of research on your own or
    hire trademark services that will help you to
    uncover the common laws, business names, and
    state registrations.

4
Protect the Word Mark
  • Protecting the word mark is a prudent
    decision. Founders generally want to get their
    logo registered first since they spend a lot of
    time, effort, and money on it. However, you might
    not realize that trademarking for a word or for
    that matter a sequence of words covers the usage
    of those words. This is irrespective of the
    color, font, configuration, and size of the
    words. However, if the brand name is the
    basically a description of your business, you
    might not benefit from the trademark of words. In
    such cases, it is better to trademark the logo
    rather than the word mark.

5
Select a Rational Mark
  • When you enter the process of trademark
    registration, you need to think about your money
    and not simply your feelings. Though it might be
    important to choose a product which you like and
    the one that echoes with the product, you should
    always choose the mark rationally. Also, you
    should not get deeply attached to the mark before
    you get the trademark.

6
Protect the Trademark Overseas Sensibly
  • If you are planning on expanding the business
    overseas then you will have to register the
    trademark in those countries as well. Otherwise,
    you might end up risking squatters, unscrupulous
    distributors, and infringers. In order to derive
    the maximum value out of the filing, you should
    register considering the treaties in between your
    target market and your home country. If you are
    confused as to which jurisdiction to file in then
    consider where you producers, partners,
    customers, potential infringers, and
    manufacturers are located.
  • If you are unable to take care of all of these
    then you should consider hiring trademark
    services. They will put in the required effort to
    get your registration and protect it as well.

7
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Australia 1300 770 287
International 61 (0) 2 9152 8612
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Email info_at_ipservice.com.au
Website https//www.trademark-lawyers.com.au/
service/trademark/
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