The Official BQB.com Thread

IMO simplicity is key. Everything usually starts out small and grows larger. By just doing .coms to start is very good idea because the market is there and there is demand. This will ensure that marketplace takes off. If you saturate it will extensions like .biz and .org, you will see many names going un sold and over looked.

I think once BQB.com grows a bit and gets high amounts of traffic with regular buyers you can expect to see .net and other extensions to follow.

Hi Reece,

What is the date format on registration form? it gives me error on dd-mm-yyyy while I am over 18 .. please mention it under date field.

Thanks

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Use the year you were born i.e. 1988 not the full date

Tivo said:

Use the year you were born i.e. 1988 not the full date

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lol, I didn't realize that :bah:

Thanks for the help

bojomojo said:

what 99$ fee, i went looking and registered but it mentioned nothing about a 99 fee

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Year 1 is 100% free. Consider it a 1 year trial. If you can't make enough additional profit through BQB courtesy of 0% commission in a year to be worth $99, then imho I'm not worthy of being in this business

Tivo said:

IMO simplicity is key. Everything usually starts out small and grows larger. By just doing .coms to start is very good idea because the market is there and there is demand. This will ensure that marketplace takes off. If you saturate it will extensions like .biz and .org, you will see many names going un sold and over looked.

I think once BQB.com grows a bit and gets high amounts of traffic with regular buyers you can expect to see .net and other extensions to follow.

Use the year you were born i.e. 1988 not the full date

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Very well said Ross I definitely won't discount putting .net, .org, etc on BQB at a later date. I want to make sure people have a positive experience on BQB starting out and the more and more domains we open up to, the less chance everyone's domains have of actually selling.

BQB.com looks great! I really love it

I read this in the Terms and Conditions:

These Terms of Service shall be governed by and constructed in accordance with the laws of England and Wales and any disputes will be decided only by the Courts of England and Wales.

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Why British courts? I thought you were Canadian?

In addition, note that there are risks of dealing with foreign nationals...

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Perhaps you should change that to "some foreign nationals", or remove it completely? I'm sure BQB.com doesn't want to be accused of being xenophobic..

Anyway, good luck taking on the giants Sedo, TDNAM, and Afternic :tu:

Hi nu-money,

Thanks for the advice The site was designed by a British web development company and clearly does need a bit of modification before launch.

I wasn't intending on bringing BQB mainstream until later this month, for the very reasons you've elucidated -- the site is incomplete at present and needs some modifications (like to the TOS). I've been working on a modified TOS for awhile now - it'll basically be pretty similar to what's expected on Sedo or Afternic.

Launch won't be until late May, maybe early June, so please take anything on BQB before then as "subject to change" or open to suggested modifications.

nu-money said:

I read this in the Terms and Conditions:

Why British courts? I thought you were Canadian?


Perhaps you should change that to "some foreign nationals", or remove it completely? I'm sure BQB.com doesn't want to be accused of being xenophobic..

Anyway, good luck taking on the giants Sedo, TDNAM, and Afternic :tu:

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nullmind said:

BQB.com looks great! I really love it

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Thanks Antonio!

I just registered, AWESOME Reece, very nice site!!!


Just something I always look at:


Copyright ©2007 ...... 2008 ?

Reece said:

There was a huge problem on DNF involving a 16 year old domainer earlier this year on DNF. I'm not familiar with all the laws surrounding internet commerce, but it was brought to everyone's attention that persons under 18 years of age can't be held accountable for their actions. I can certainly look into allowing members under 18 with the permission of their parents (I believe this is how Afternic currently operates).

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Ok thanks

I might just wait for like 2 months when i do turn 18

Nice site Reece
:kickass:

Thanks mate

2 months should be right about when BQB should be getting interesting (will be doing some heavy advertising over the summer), so you'll be 18 at the perfect time

ddaybofb said:

Ok thanks

I might just wait for like 2 months when i do turn 18

Nice site Reece
:kickass:

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italiandragon said:

I just registered, AWESOME Reece, very nice site!!!


Just something I always look at:


Copyright ©2007 ...... 2008 ?

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Lorenzo, thanks for everything :great:

My recent concerns with BQB.com

a) I was disappointed to find out that BuyOut domains are not free. Buyout domains often attract a different type of customer than auctions. My experience is that this type of customer has less free time and often more disposable income. $1/listing is not too bad though.

b) I was confused by the term "Buy Out". I associate this term with a buy out clause (e.g. In Namepros auctions where the seller can compensate the buyer if they want to cancel the sale). I prefer a more common term like "Buy Now", "Fixed Price" or "Buy It Now".

c) I am concerned that there is not enough limitations to the number of auctions that can be started with the $99 joining fee. A large domain owner could saturate the site with their domains and make it difficult for the majority of us to sell in the market as our domains disappear in the mass. 100,000 auctions a week for only $99/year seems too cheap. I have seen this happen before.

d) Maybe the expiry date and registra details should be listed in seperate sections of the domain listing. Every buyer wants to know these details.

In regards to your marketing, buyers attract sellers and bargains attract buyers. I think that you would get better value for money making sure that you provide daily bargains on the site (domains that are valued >$30 with a starting bid of $1) and let word of mouth sell the site. If you treat the losses through this style of marketing as marketing expenses then it shouldn't be too stressful.

Hi Phil,

a) Because a BuyOut immediately ends a listed item, I want to make sure that it's being used seriously. I'll definitely consider making it free (or cheaper) in the future (at least for select members, as it really costs me nothing to offer the feature). The BuyOut feature is much more prone to abuse than regular auction bidding.


b) eBay has been in a very long patent dispute regarding the use of the "Buy It Now" feature that it's been using. eBay ultimately decided to buy the patent. Hard to say what eBay will (or can) do - they really have no competition in online auctions, but to be safe the "Buy It Now" function BQB uses operates a bit differently and has a very different name.

c) There are no plans to make a "mass upload" function. Each listing has to be created one at a time, hopefully making it incredibly time consuming for a company (or large domainer) to upload thousands of auctions. I want people's items to sell and the best way to encourage that is to make sure people aren't going to waste time listing items they aren't really interested in selling (eg. listing at many multiples of actual value). As you said, any large domainer (or company) could seriously reduce everyone else's odds of making a sale by uploading a very large number of auctions, so I'm trying to make it as hard as possible to do just that. The "Store" option will be there as well for domainers who'd like to get extra exposure for modest costs.

d) A couple other members have also suggested we add Registrar and Expiration Dates to the listings. This is a great idea and will definitely be implemented in the near future. It's valuable information and on cheaper names like 5L.coms, it can even make the difference in some cases between what's worth buying and what's not.

I really like your idea of having a few loss leaders every once in awhile. Definitely something to consider and certainly cheaper than what I was planning.

Really wish it'd let me rep you about now, but it seems I do that too much already

VURG said:

My recent concerns with BQB.com

a) I was disappointed to find out that BuyOut domains are not free. Buyout domains often attract a different type of customer than auctions. My experience is that this type of customer has less free time and often more disposable income. $1/listing is not too bad though.

b) I was confused by the term "Buy Out". I associate this term with a buy out clause (e.g. In Namepros auctions where the seller can compensate the buyer if they want to cancel the sale). I prefer a more common term like "Buy Now", "Fixed Price" or "Buy It Now".

c) I am concerned that there is not enough limitations to the number of auctions that can be started with the $99 joining fee. A large domain owner could saturate the site with their domains and make it difficult for the majority of us to sell in the market as our domains disappear in the mass. 100,000 auctions a week for only $99/year seems too cheap. I have seen this happen before.

d) Maybe the expiry date and registra details should be listed in seperate sections of the domain listing. Every buyer wants to know these details.

In regards to your marketing, buyers attract sellers and bargains attract buyers. I think that you would get better value for money making sure that you provide daily bargains on the site (domains that are valued >$30 with a starting bid of $1) and let word of mouth sell the site. If you treat the losses through this style of marketing as marketing expenses then it shouldn't be too stressful.

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just registred and sent you a PM

just registered with the same username

Registered with the same name as here.

nice site Reece!!!

already registered and approved

Great site Reece,

Think it could have something under the categories on the left hand side like more advertiser banners or something, maybe some links to domain buying guides and information or something, just so it looks less empty on the left of the site and balances with the right hand side. Even a pattern or jigsaw puzzle pieces down the left to match the picture under the sign up section on the right. This is just IMO of course, others may feel differently

Also doesn't worry me, but a possible idea may be to change 'no bullshit' to 'no bull' on the slogan, just so it doesn't put of any potential sellers or buyers who may be put of by that, of course only my opinion again

Take care man, good job

___________

Reece, how I can add credit to my account on bqb.com ?

Thanks,
Antonio

Hi Antonio,

Currently only Moneybookers is accepted for account funding. I'll be accepting Paypal shortly once I get the interface setup.

I funded your account with a $50 credit -- a gift for everything you've done for LLLL.coms

nullmind said:

Reece, how I can add credit to my account on bqb.com ?

Thanks,
Antonio

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Reece said:

Hi Antonio,

Currently only Moneybookers is accepted for account funding. I'll be accepting Paypal shortly once I get the interface setup.

I funded your account with a $50 credit -- a gift for everything you've done for LLLL.coms

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I was getting worried that paypal would be shunned off but good to hear that it will be accepted for this

Reece said:

Hi Antonio,

Currently only Moneybookers is accepted for account funding. I'll be accepting Paypal shortly once I get the interface setup.

I funded your account with a $50 credit -- a gift for everything you've done for LLLL.coms

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Thanks Reece :loveyou: