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Naming Product Tiers: 15 Examples Of Exciting Product Tier Names

May 22, 2020

In today’s fast-paced business environment, trust within the workplace has emerged as a cornerstone of a thriving organizational culture. As the dynamics of workplaces continue to evolve, especially with the rise of remote and hybrid models, the importance of building and maintaining trust has never been more critical.

Trust in the workplace is multifaceted, affecting various aspects of organizational life. It influences employee engagement, retention rates, innovation, and overall company performance. A study by PwC found that 55% of CEOs think that a lack of trust is a threat to their organization’s growth. But how can businesses cultivate this essential quality?

Firstly, transparency is paramount. Open communication about company decisions, challenges, and successes creates an atmosphere where employees feel informed and valued. Leaders who share their vision and are honest about the company’s direction invite trust and inspire their teams to align with the company’s goals.

Secondly, integrity must be at the core of all business practices. This means leaders should consistently demonstrate ethical behavior, honor commitments, and treat everyone with respect. When leaders act with integrity, they set a standard for the entire organization.

Empowerment is another vital element. Giving employees autonomy and the opportunity to contribute ideas shows that they are trusted to make decisions and take initiative. This empowerment can lead to increased innovation and a more agile workforce that can adapt to changing market demands.

Recognition is also a powerful tool for building trust. Acknowledging individual and team achievements reinforces the value of each employee’s contribution and fosters a sense of belonging and shared purpose.

Moreover, fostering a culture of collaboration and support is essential. When employees feel they can rely on their colleagues and leaders, they are more likely to take risks and think creatively. This sense of security can lead to breakthrough ideas and solutions.

Finally, consistency is crucial. Trust is built over time through consistent actions, policies, and communication. Leaders must be reliable and predictable in their interactions with employees to maintain a stable and trusting workplace.

In conclusion, trust is not just a nice-to-have, but a must-have in the modern workplace. It is the glue that holds organizations together and the fuel that drives them forward. By prioritizing transparency, integrity, empowerment, recognition, collaboration, and consistency, businesses can create a culture of trust that empowers employees and drives organizational success.

As we navigate the complexities of today’s business landscape, let us remember that trust is the foundation upon which all successful enterprises are built. It’s time for leaders to step up and weave trust into the very fabric of their organizational culture.

Naming product tiers, or coming up with creative tier names for plans and packages, can be a difficult creative process and be quite a headache.

But product tiers are a necessary part of marketing and product. You want at least a few tiers to offer your customers so that they have a choice. You don’t want too many because that will cause analysis paralysis. You also don’t want too few because your prospects may feel like you don’t cater to their needs.

And on top of that, they should at least sound quite good! (Which is why we need creativity)

But fret not! Here are some ideas that you can use to determine how your plan and product tiers are named.

Naming Product Tiers: Using A Product Attribute

One thing that you might want to consider is that product tiers may change over time. If you define your tiers tied to a product attribute, make sure the product attribute doesn’t change. For example, in gas or petrol, it’s common to have the octane in the product tiers, like what Shell does:

  • Shell FuelSave 95
  • Shell FuelSave 98

Naming Product Tiers: KISS

Personally, I found that simple is better when coming to product tier names. You can even use numbers or letters.

  • Beginner
  • Intermediate
  • Advanced
  • Expert
  • Standard
  • Premium
  • Enterprise
  • Package 1 / Plan A
  • Package 2 / Plan B
  • Package 3 / Plan C

Alternatively, you can also have product tier names in relation to size:

  • Nano
  • Micro
  • Mega
  • Giga

You can also make use of flora and fauna. You can name your product tiers according to how fast your customer wants results. In which case, you might be able to use the size or speed of animals, like:

  • Hare
  • Antelope
  • Cheetah

Or to showcase a process of growth, you can use the size of a plant:

  • Seed
  • Shoot
  • Sapling
  • Tree

You can also go with a more corporate slant to things:

  • Essential
  • Team
  • Corporate
  • Enterprise

Naming Product Tiers: Real-world Examples

Zoom uses these tiers. It’s simple, classic, and works. Generally, I stay clear of the words “Basic” or “Standard” in paying tiers. Unless the tier is really basic, it doesn’t give your customers a good feeling.

  • Basic
  • Pro
  • Business
  • Enterprise

Zendesk uses

  • Lite
  • Professional
  • Enterprise

You can also use precious metals, as such:

  • Bronze
  • Silver
  • Gold
  • Platinum

Speaking of precious metals, American Express uses these in their credit card tiers. I honestly think they messed this up, since it gets a bit confusing between the Platinum credit card and the Platinum Card.

  • Gold
  • Platinum Credit Card
  • Platinum Reserve
  • Platinum Card
  • Centurion

Other than precious metals, you can also use gemstones for your product tiers, which is what companies like Amway does.

  • Ruby
  • Sapphire
  • Emerald
  • Diamond
  • And double diamond, triple diamond, founders diamond, etc

Banking levels typically have these different tiers too:

  • Priority
  • Premier
  • Privilege
  • Private

Naming Product Tiers: Modifiers

Other things that you can consider are modifiers. This is especially useful when you start your business, and after a while, you realise that you need to create an in-between plan.

Imagine starting with these 3 plans and product tiers.

  • Starter
  • Premium
  • Elite

Now maybe you realise that the Premium tier is too far away from the Elite tier, and you need something in between.

You can create a brand new tier, but giving it a completely different name isn’t ideal too because it’s not enough to be a separate tier on its own. This is when modifiers come in, like in the case of the new “Premium Pro” product tier below.

  • Starter
  • Premium
  • Premium Pro
  • Elite

Naming Product Tiers

Whenever I start a business, product tiers is one of the first few things that I have to do. However, the names of your product tiers aren’t the most crucial to the success of your business.

What’s more important is the actual pricing and benefits that your products have to offer to your customers.

It involves some consumer psychology, but properly-priced product tiers will funnel your customers to a product tier that you want as well. This forms the fundamentals that you need before you can scale up your business.

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