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Entrepreneurs are often in a tight spot as regards to what Trademark do to protect their product and service. Several brands have trademarked their color combination in the packaging in the case of Cadbury’s, Parle-G, etc.
Nowadays, the companies have trademarked in entirety starting from the packaging, color, name, logo, sign, diagram, picture, writing to even sound and smell. It is very important to be aware of the difference in these three called Word Mark[1], Logo Mark, and Logo Composite Mark. Therefore in this article we shall look at the difference between these three but before that understand the meaning of Trademark.
Trademark is an intellectual property in form of a sign that distinguishes goods and services of one enterprise with other. Trademark can be a word, symbol, logo etc. It is a form of identification and it contributes towards building company’s repute.
The word is the brand name. A company may trademark a word. Most of the start-ups would register their brand name within their class. It would mean if there is any existing business under the same but in different sector the trademark shall be approved.
You would want to trademark a logo that you have designed and if its unique. There are many famous and successful brands that are popular because of their logo and make it easier for people to identify. Why they have trademarked their logos is because they have used it in their products in marketing and advertising and in all interactions with their customers.
A composite mark incorporate the name of the brand in logo. It is actually the combination of logo and the brand name. In case of start ups they file a logo composite mark only at the time when they have found that their brand has been trademarked by other entity.
There are less than 20% companies that have trademarked anything else than their brand name, logo or logo composite mark. Before you go ahead with the trademark registration, make sure to have a proper understanding of word, logo and logo composite mark.
Read our article: All You Need to Know About Intellectual Property Rights
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