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In marketing, there is a particular strategy known as branding. In many ways, trademarks are designed to protect your brand from use by others.
An Introduction to Trademarks
A trademark is a form of intellectual property. Intellectual property is owned by the person or business creating it. With practically all forms of intellectual property, however, you have to take steps to formally notify the world of your property and protect it.
A trademark is a distinctive mark used to identify a product, company, service or device. When you think about it, you are very familiar with trademarks. At the risk of being sued to the high heavens, the following are trademarks: Coca Cola, Pepsi, Google, EBay and Toyota. Each
of these words mean something to you and are readily identifiable with a product or service in your mind. When you think of EBay, you immediately think of an online auction site that was originally created so the owner s girlfriend could trade Pez dispensers [true]. When you think of Toyota, you think of cars. This is the power of brand recognition and trademarks are used to protect them.
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At one point or another, we ve all seen a product or business name with a small, encircled R floating next to it. You ve probably wondered what this R symbol really means, and how exactly it got there in the first place. Most people will tell you that it means something to the effect of registered, but that s only a small part of the significance behind the circled R.
It s correct that this symbol does imply the term registered, but registered with whom, and how?
A “registered trademark”, or , refers to a name, slogan or logo that has been officially registered with the United States Patent and Trademark Office (USPTO). Registering a
US Trademark Searches ...the same name, logo or product without proper approval from you. Before any company is given approval for a trademark application, the USPTO scrutinizes the application, making sure that the trademark filing is unique and is in no way identical ...
trademark is beneficial to a business because it publicly states that your trademark is registered with the USPTO and therefore, you have exclusive rights to that name within your industry. This means that if your business had a registered trademark, and you found another business of a similar nature utilizing your name or logo, you would *likely have the legal right to use your name!
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