These are names that map to the experience of using a product or service, or to what a company does, or to an aspect of human experience. This category also includes all the generic adjective-based names, such as Advanced, Superior, Vantage, Smart, Super, Ultra, Mega, etc. Experiential names are usually literal, and are the types of names often created by cross-referencing a vision statement with a thesaurus.
It is possible to create a successful Experiential name, but to do so requires a thorough understanding of the competitive namescape, because in most market sectors there are many, many similar Experiential names, each staking a small claim of semantic turf. Always make sure you are not just falling into the same types of names as everyone else.