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Unquestionably the dumbest rebrand yet!

November 16th, 2010 Leave a comment Go to comments

Online money transfer firm Money Bookers (note how the name actually pretty much tells what it does) is to rebrand itselff as Skrill.  This has to be the dumbest rebrand ever!

Read the story here – for some fresh quotes from some PR hack who must be on some sort of wonderful weird substance :

“Payments have changed as well. It’s not all about shops or even money. It’s about life online and how it’s extended to so many areas. Being safe while you do exactly what you want to do. Freedom from worrying. Being able to give and receive more without having to try harder. Meeting needs in a new way. A way that does more than just meet them. A way that can only be called Skrill.”

Err ….  I wonder.

  1. In my life payments pretty much remain about shops and money
  2. All the cute bits about not worrying etc are what you expect in a wallet – whether its paypal, moneybookers, click and buy or any other one – hardly a reason to name yourself after a rare antartic tern
  3. And no – its not really a rare bird – its apparently the only name they could think of for this online wallet

Britain went through some monumentally silly name changes, from British Steel to the Royal Mail, but I really think this one takes the cake.  And the irony of it all is, in these troubled times, some idiot management consultant/branding expert got paid loads of money to produce this result!

If Moneybookers wants to become cool perhaps they should rather focus on what they do as apposed to what they are called.  If they are so cool then why is there no facebook app (such as Coin jars)?

A simple rebrand doesn’t cut the mustard.  And, no, there will not become a new term “skrilling” for moving money, like googling for searching.  Nice try, but it aint gonna happen.

Footnote:

Thanks to Bob Rains who points out that Skrilla is urban slang for money.  Too bad the wise guys forgot the extra A at the end.  I still think it sucks as a name.

  1. November 16th, 2010 at 19:14 | #1

    Actually I’d disagree with you, I’ve heard of Money Bookers before, but I always forget what it is, it is very generic and I get it confused with the company Bookers.

  2. November 16th, 2010 at 20:49 | #2

    I hate to say it, as I have a lot of respect for MoneyBookers and the business they have grown into from the split of GameBookers, but this is simply a silly, expensive road for them to go down.

    Oh well, I hope I can look back in a year and say I was wrong by Skrilling some money via PayPal to someone

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