Subscribe
Popular Today in Business: All Popular Articles

Why eBay’s New Logo is So Important

Branding

Why eBay’s New Logo is So Important image eBay New Logo 300x172When any multi-national organization announces an attempt to refresh their image, perhaps a tweaking of their company logo or an adjustment in the hue of their corporate palate, it’s normally met with derision from the general public.

How much is all this costing? What was wrong with the old identity? Does anyone care?

History is littered with costly rebranding mistakes. From British Airways bid to remove the British flag from their aircraft’s livery to Gap’s short lived attempt to think outside of the box, the costs of rebranding have often exceeded replacing the office stationary and in some cases have caused long term damage to the brands.

But in eBay’s case, I believe the redesign is fully justified.

eBay has lived with their quirky, jumbled up, colorful, old logo for the past 17-years. It has represented the brand well and has become one of the most recognized and loved corporate identifiers globally. The logo told you that eBay was fun and cheap and a little bit all over the place. It also helped cement eBay’s appeal as a company built on a strong set of ideals and a community spirit (where anyone could trade).

The fact that many of eBay’s customers feel so connected to the company makes it a very difficult proposition to rebrand. Some commentators have even suggested that eBay’s President, Devin Wenig, has shown a degree of disrespect to the people who built the eBay community (the original eBay auction buyers and sellers) by announcing alongside the new logo: “This is the new eBay”.

I disagree.

In recent years eBay has changed. But it has also stayed the same.

It still offers a profitable venue for individuals to list second hand and collectable items for sale either at auction or at a fixed price. It still offers businesses of all sizes the opportunity to sell end-of-line or distressed inventory that would otherwise be left sitting on warehouse shelves. And yes, it is increasingly becoming a channel of choice for big name retailers to list and sell brand new, full price items.

It is perhaps this third group of sellers that eBay is trying to appeal to the most with their new, clean, corporate logo. To these sellers, eBay’s branding and positioning are incredibly important. While it might seem crazy to discount the idea of selling on such a high-traffic site as eBay because of their cheap and cheerful image, you have to remember that many big brand retailers see ecommerce with the same blinkered vision as they view the high street where image and positioning are still number one priorities. If eBay want to attract big name retailers,  it is eBay who has to show willing to change.

But I believe the benefits of big name sellers joining the ranks on eBay will be felt throughout the community as they attract more buyers to the site (who perhaps would never have thought of eBay in the past).

I’m not saying that this will make life easier for all sellers on eBay, some of who will see the arrival of more big brands on the site as a massive threat. But others will see the opportunity, perhaps diversify their range and offers (perhaps even improving their own brand identity) and continue to make a significant impact via eBay. I believe agility is the most significant factor in finding success online venture and this is one area where small sellers can wipe the floor with the big guys.

eBay’s new logo symbolizes their new position in the ecommerce environment. We should no longer think of eBay as a flea market on the Old Kent Road. Nor should we think of it as a department store on Oxford Street. It’s somewhere in the middle, where big brands and local traders compete and thrive right next to each other. Perhaps it is closer to the high street shopping experience many of us wish we still had.

RSS Comments Feed

Comments on this Article: 4

Add a Comment
  1. Harry Lime says:

    John,
    You state, ‘eBay’s new logo symbolizes their new position in the ecommerce environment. We should no longer think of eBay as a flea market on the Old Kent Road.’

    With all due respect, I think you’re completely wrong and eBay is desperately trying to ‘not’ be what it so patently still is. eBay has been trying to shake off its ‘cheap and cheerful’ image for years, yet it remains the one place everyone goes to obtain a bargain, not a classy shopping experience with customer service at full price.
    eBay might not think it is anymore, but I asked 90% of the people that I know who buy and sell on eBay what ebay ‘is’ and they’ll tell you in various ways it is an online flea market, a dumping ground for cheap or defective cheap goods, a market place to sell collectors items (namely USED goods), a good place to pick up things no one else wants or yo can’t find anyplace else, etc. etc.
    There’s nothing wrong with any of this, but it’ll take a lot more than removing the wobbly bits out of your logo to change the world’s perception of eBay – which seems to think it is Amazon these days when it so patently is not.

  2. Aileen says:

    Well said John!

  3. Simon says:

    The new logo sucks for so many reasons. Doesn’t eBay test subliminal imprinting. I mean when they changed the logo and I went to check things I found myself pissed off because I thought it was a scam web site trying to knock off eBay and steal my info. I also found myself trying to close the page to go to eBay in a new window because that wasn’t eBay in my peripheral. right?

  4. Kelvin says:

    If their new identity is ebay then why are you all still typing it as eBay? I prefer the old logo. I liked the overlapping of colours. I wonder what design company they gave the job to? Bet it costs them millions. Pure madness.

Add a Comment: