‘Brand’ category

Another Gong

I was fortunate to be able to join Tim Parlett last night to collect another award for Zopa’s you-beaut, patent-pending, multiple-Consumer-Credit-Act-document-electronic-signing-widget.

This time it was Financial Services Technology Project of the Year at the CNET Networks UK Business Technology Awards 2007. And it was interesting to note that we were the only retail application nominated amidst various financial markets projects. In fact, Credit Suisse were nominated twice in the same category. Clearly the UK consumer is in dire need of a little more financial services innovation!

Congratulations to all the other winners, including Balderton stable-mate Betfair (Retail & Leisure Technology Project of the Year) and the nice folks from Bebo, with whom it was a nice surprise to be seated. Not content with taking our UK Internet Innovation of the Year award from last year, they then beat us to the comfy seats in the bar at the top of the hotel. Talk about world domination. Not sure where they rushed off to next, but their seats were ominously empty by the time we left…

Get yer Zopa mug….on eBay

OK - so someone clearly wasn’t as enamored of their Zopa Christmas present as we hoped they would be!

Check out this eBay auction and see if anyone has decided that they are prepared to stump up for this genuine (with certificate of authenticity!) piece of Zopa history

:)

PS. Thanks to Sir Tenly Skint for spotting it and letting us know!

Thai Zopa

Deddington took his Zopa mug all the way to Thailand, and kindly sent us this photo.


Apparently, pina colada tastes better from a Zopa mug…

Anyone else got photos of Zopa gear in exotic places?

Shop Zopa!

Whenever we’ve had Zopa swag to give away, we’ve always been inundated with requests for some of it. Sadly, generous as we would love to be, Giles stops us from giving every member a t-shirt, so we can’t help everyone who wants to demonstrate their love for us.

Anyway, member penandme suggested over on the board that we have a Zopa shop, where you could buy lovely Zopa branded merchandise.

You ask, we obey (sometimes), and so there is now a rather splendid Zopa shop open for your purchasing pleasure.

We’ve got mouse mats and mugs, t-shirts, and even some tasteful boxer shorts! What more could you ask for?

Alas it’s too late for Christmas 2006, but why not beat the crowds and stock up for next year?

(Also, we’re not making as penny from these….although we might increase the prices soon and give the profits to charity - get in there now!)

Zopa on TV! (Sort of)

You might have caught the latest Money Supermarket adverts on TV recently.

If you’re particularly eagle eyed you might spotted the odd Zopa logo whizzing past at high speed. If not, nows your chance!

You can download the video (15MB) for a hi res version, or it’s also up on YouTube. (Although it’s a bit harder to spot at the lower resolution)

15 minutes of fame? Maybe 15 milli seconds - but it’s a start!

New, improved Zopa: Now washes whiter!

As you may know, we’ve been working away on a new look and feel for the Zopa website - and we thought it was about time we invited you in to give your views on where we’re ending up.

Below are a couple of mock ups of what the Zopa homepage and Lending homepage might look like - have a click through to see the full size images.



Zopa home page

Lending home page


We’d love your comments, but hopefully you might find it interesting to read a little about where these designs have come from first.

Although we love the existing Zopa site, there are a lot of problems with it. We’ve found the graphical language and layout very constraining - for example the silhouettes are hard to bring to life. They’re supposed to represent our members, and the human side of Zopa, but they don’t do it very well - which means we have to use lots of copy to convey the humanity and warmth of Zopa. And no one reads copy online :)

Also, we only really have a way to represent data in a tabular format - and for many people that is hard to interpret - we need a way to show lots of data in a graphical format.

Another problem, familar to many weary lenders in particular, is that the site has had more and more crammed into it as we’ve added functionality over the last year or so - and it’s creaking at the seems. We’re simultaneously looking at making a lot of the site simpler and more useful - but it’s hard to do that inside the current, sprawling, design. (There’s a post coming on this soon!)

Finally, we wanted to remove the barrier between the active (transactional) pages, and the non active (brochureware) pages…and to make it easier for non members to see ‘inside’ Zopa.

So, when we sat down to come up with something better, we had a series of requirements. The new site would have to be:

  • Open and transparent - allow anyone who visited Zopa to immidiately understand what was going on and what Zopa was about
  • Simple
  • More engaging and human, and something that showed our members better than the silouettes we’ve been using to date
  • Expandable - it would have to work in the UK and the US, and allow for future expansion of the Zopa proposition

So what are the main changes we’re making?

Well, most obviously there’s a new look and feel to the site - hopefully it feels a bit more modern and grown up, and also makes it more obvious what we’re about - money and people. We’re introducing new colours to be able to distinguish different areas of the site: a purple for the (new) community area (blog, discussion board etc.) and blue for the signed in transactional area (We’re told blue is a credible financial services colour… :) )

The space at the top will be an interactive area where it will be possible to see what’s going on in the markets directly from the homepage - without joining or logging in - breaking down the barriers and letting visitors ‘play’ with Zopa before they join up.

We also have a new system for visualising our members - the little characters at the top of the home page are avatars that represent each and every one of our members, and will evolve to allow us to show specific groups and communities within Zopa.

Overall, we hope the new layout will be simpler to navigate, have less copy, fewer routes for people to travel down and generally be a worthy sucessor to the design that has seen us through our first 15 months.

What do you think?

EDIT: You can also join in the discussion over on the, very well named, Zopa discussion boards. Ta.

Zopa stories

Hello,

We’re looking for some good stories about Zopa members.

You know, stuff like I borrowed £5000 at Zopa to pay for my wedding reception and it was the best day of my life. Or Zopa helped me get the funds to finish my conservatory. Or I’m using the interest from the money I’ve lent at Zopa to save up for a motorbike to ride across America.

Or even stuff like I went to a dinner party and ended up sitting next to someone I’m dealing with on Zopa. Or I recognised an old mate’s username on the Zopa exchange prompting me to get in contact with him for the first time in 5 years. That sort of stuff.

Anything really, as long as it’s Zopa-related.

You can either email me at tom@zopa.com or post responses to this blog.

Oh, and while I remember, let me know if you’d like to recommend a fellow Zopa member for the prestigious Username of the Month award.

Step forward…Karmarama!

Following on from Sarah’s post on where the Zopa brand came from, we thought it would only be polite to ask the guys behind part of it to speak for themselves…

Take it away, Tom, from Karamrama

We knew it was a match made in heaven from the moment we first met. Zopa a small firm with big ideas; Karmarama a small firm with big ideas. Zopa a bunch of forward-thinking, financial types; Karmarama a bunch of forward-thinking, creative types. Like Peter Andre and Jordan, it just felt like it was meant to be.

Our initial project was the development of Zopa’s tone of voice. Creating a brand from scratch is always exciting, and especially so with a concept as mind-blowing as person-to-person lending and borrowing. There was a sense of pressure as well, because we desperately wanted to articulate the Zopa concept and beliefs in a way that did justice to the energy and intelligence behind them.

We felt from the start that Zopa’s personality should incorporate a number of different characteristics; it’s important to be well-rounded after all.

So the style in which Zopa interacts with its members is conversational rather than formal, and personal rather than distant; Zopa is about individuals at the end of the day. And the language Zopa uses is intelligent but also playful, because straight-laced does get a bit tedious after a while doesn’t it? And unlike banks, Zopa respects its members by taking care to be courteous and also explanatory, because hidden charges and rudeness are just not cricket.

You’ll have come into contact with the Zopa personality on this here website and hopefully also through the advertising campaign that ran recently in The Guardian (although not that recently – this was back in the olden days when The Guardian was a broadsheet and little kids still played with hoops and sticks).

The ads use the creative device of avatars to represent Zopa members and thereby reflect the personal nature of lending and borrowing on Zopa. The avatars have a distinctive Zopa look and feel to them, and you’ll doubtless be seeing a lot more of them. We think they’re pretty cool looking illustrations, which in no way shape or form resemble Ku Klux Klansmen.

Group of friendly avatars

Anyway enough chitter-chatter – please email us on tom@karmarama.com if you want to slag us off/sing our praises/talk about the weather/challenge us to a game of ping pong.

Where did the Zopa brand come from?

I joined the Zopa team in October 2004 with a remit to develop the Zopa brand. What a fantastic brief! A brilliant idea, a blank sheet of paper from which to develop an identity, no consumer preconceptions and no organisational hierarchies to wade through to get things done (I’d just completed a short stint at highly corporate Marks and Spencer where things were rather different)….

With a very small budget, the task was to find a name (in October we were name-less), to create a visual identity including a logo, and a language through which to communicate. And once we’d got all those elements, to integrate into the website and customer experience.

The naming bit was quite easy. During a team brainstorming, James - Zopa’s CFO - remembered from business school a term for negotiation theory – Zone of Possible Agreement. I liked it because it really reflected what Zopa is, so it ticked the ‘transparency’ box as well as being memorable. North, the design agency we worked with to develop our identity, liked it because it was typographically bold – and differentiated – how many brand names start with the letter ‘Z’?

North then took the name and brought it to life. The logo is a visualisation of ‘the Zopa’ – interlocking circles with a zone of overlap in the middle. They developed the colour palette, typography and visual devices to meet a brief ‘to engage and to inspire consumer trust without being corporate….’

We then worked with an agency called Karmarama to develop our language. Many financial services providers talk in a way that’s stilted and highly corporate – I wanted to create a tone of voice that was warm, human and friendly without being patronising. I was also conscious that our proposition could be perceived as complex – so being able to communicate who and what we are in really simple, clear terms was incredibly important.

Pynk and Fluffy, a small agency who’d been heavily involved in designing the customer experience with us, then took all the elements and turned them into a website! No easy task, but I think they’ve done a great job.

In August we ran our first advertising campaign in the Guardian. I wanted to find a way of communicating Zopa to the outside world through our members – and so our members are at the heart of the campaign. They’re visualised as character illustrations as a means of generating visual impact and interest, as well as setting us apart from banks and traditional lending institutions. ‘People are better than banks’ is our lead message – this is what Zopa’s fundamentally about. If you saw any ads run, I’d love to know what you thought.

The great thing about creating online brands is that they’re not set in stone. We don’t need to spend millions of pounds branding shop fronts or printing logos on carrier bags. If something around the brand experience isn’t working, it’s very easy to fix. And being so young, we don’t have rules that can’t be broken. I believe brands are organic things, shaped in conjunction with the people that are using them, and this is how I’d like to evolve the Zopa brand. Comments welcome!