BrandBucket Experience

[xtremex]

hello

I am new to BrandBucket. Before getting my hands on this

I wish to experience about brandbucket from my fellow members


Thanks

 

[Michael M]

I thought that I should share that it appears I have made my first sale at BB. Began the escrow process today.

Very interested to see how smoothly this process goes and hope to have more sales with them in the future.

 

[AGermanGuy]

I thought that I should share that it appears I have made my first sale at BB. Began the escrow process today.

Very interested to see how smoothly this process goes and hope to have more sales with them in the future.

Would you like to share what name you are about to sell? Would help us newbies to determine if the name we want to reg is good

 

[Michael M]

Would you like to share what name you are about to sell? Would help us newbies to determine if the name we want to reg is good

I would honestly like to share with the community - but with this being my first BB sale, and it not being completed, I believe it's probably smart to keep the name private for the time being.

My advice would be to not purchase domains based on one that you saw that sold on BB. Just from looking through resources and the forum - it is apparent that BB sales a wide variety of names and there seems to be very little consistency in the types of names from day to day. I purchase my domains based upon what I determine it's value is, and how large I believe the end user pool to be. I also tend to lean towards keyword domains, if that helps any.

Wish I could share more right now! I will put some thought into rather or not I should disclose the name of this sale or future sales. I know the community is hungry for information and I tend to not mind being an open book.

 

[Chris Hydrick]

I'm looking now...

Is this an optical illusion, or is the domain spelled wrong in the logo?

#FreeQA

Another 6L logo for a 5L domain...

​

@michaeljkrell / @margotb - How about letting the domainer approve their domain for publishing? Not to sound like a broken record going back to logo's, but c'mon now, 6L logo's for 5L domains??
​

​

 

[gulsaran]

hi,
t/e/l/e/t/r/e/e just sold
reg:18 may, 2016

 

[equity78]

hi,
t/e/l/e/t/r/e/e just sold
reg:18 may, 2016

Congrats

 

[bluebox]

Another 6L logo for a 5L domain...

Show attachment 35465

​

@michaeljkrell / @margotb - How about letting the domainer approve their domain for publishing? Not to sound like a broken record going back to logo's, but c'mon now, 6L logo's for 5L domains??
​

​

So not only logo creators are blind like bats but even people who approve logos can't spell.... that's assuming anyone actually bothers to check them before publication.
This is what we pay $10 for?

And no one bothered to fix it - or even acknowledge the mistake.

What a joke...

 

[Abdullah Abdullah]

So not only logo creators are blind like bats but even people who approve logos can't spell.... that's assuming anyone actually bothers to check them before publication.
This is what we pay $10 for?

And no one bothered to fix it - or even acknowledge the mistake.

What a joke...

Remember, they are humans like us. Nothing extraordinary here. I always check my published names and the owner (s) of those names were supposed to so the same.

 

[bluebox]

Remember, they are humans like us. Nothing extraordinary here. I always check my published names and the owner (s) of those names were supposed to so the same.

Oh, come on. Don't tell me you actually think it was just a tiny, unimportant mistake
And I guess you are fine with BB completely ignoring the problem - not a word of explanation (or apology) for many days.

 

[Justin Matmor]

Oh, come on. Don't tell me you actually think it was just a tiny, unimportant mistake
And I guess you are fine with BB completely ignoring the problem - not a word of explanation (or apology) for many days.

since when did BB have to come here and answer to anyone?

 

[equity78]

since when did BB have to come here and answer to anyone?

Well Justin you should be responsive to your customer's concerns, and sellers are customers. Namepros is certainly the number one place on the net discussing all things BrandBucket.

Do they have to give in to every seller whim ? No. These errors should be fixed, I would want to know and let my sellers know I am on top of it.

 

[Abdullah Abdullah]

Oh, come on. Don't tell me you actually think it was just a tiny, unimportant mistake
And I guess you are fine with BB completely ignoring the problem - not a word of explanation (or apology) for many days.

No, I am.not fine with that at all but I am afraid they are not on trial here and I am sure Michael would answer if He was online

 

[Justin Matmor]

Well Justin you should be responsive to your customer's concerns, and sellers are customers. Namepros is certainly the number one place on the net discussing all things BrandBucket.

Do they have to give in to every seller whim ? No. These errors should be fixed, I would want to know and let my sellers know I am on top of it.

Yes but the ones with genuine concerns would contact BB privately (like I have in the past) not try to ridicule BB in a public forum. It is obvious why they are announcing these errors publically.

 

[Johnywang]

Yes but the ones with genuine concerns would contact BB privately (like I have in the past) not try to ridicule BB in a public forum. It is obvious why they are announcing these errors publically.

Why are you so protective? You love BB so much does BB show you love back by giving you sales?

 

[Justin Matmor]

Why are you so protective? You love BB so much does BB show you love back by giving you sales?

I dont rely on BB to market my names. I just use BB as a platform to sell. I market my names on my own .

 

[Justin Matmor]

I dont rely on BB to market my names. I just use BB as a platform to sell. I market my names on my own .

what's wrong with being loyal to your partner?

 

[Johnywang]

what's wrong with being loyal to your partner?

So you are in a relationship with BB?

 

[tvanrijt]

So you are in a relationship with BB?

That's a little childish in my opinion.

I agree that I think it would be good for BB if Michael gives a reaction if an issue like this is discussed. However, I also agree that these things can happen. As abdullah stated, it is also up to the buyer to notice the mistake.

I assume michael and margot do not double check every name, so a logo designer can make a mistake. I think it is great that it is spotted here, although I think the pleasure some people seem to get out of a BB mistake is a bit much.

 

[Chris Hydrick]

Namepros is certainly the number one place on the net discussing all things BrandBucket.

http://www.alexa.com/siteinfo/brandbucket.com

So you are in a relationship with BB?

All domains listed with bb imply a relationship of exclusivity + 30 days of couples counseling before legally allowed to part ways The Exception: Sell your domains to a bb reseller who will comply with said relationship rules.

 

[Chris Hydrick]

It is obvious why they are announcing these

Is it?

The glass is either half full, or half empty. How do you see it?

I assume michael and margot do not double check every name, so a logo designer can make a mistake.

Did the publishing process change? I remember it being a 3 step process, the final step, was having the logo / description / packaging reviewed for publishing (after the designer submitted the logo) Who reviews before publishing if not margot / michael?

I think it is great that it is spotted here, although I think the pleasure some people seem to get out of a BB mistake is a bit much.

A half full / half empty glass... interesting

 

[tvanrijt]

Did the publishing process change? I remember it being a 3 step process, the final step, was having the logo / description / packaging reviewed for publishing (after the designer submitted the logo)

No that actually didnt change. Did not think of that. I dont know who are the ones reviewing, but they might focus on the quality of the logo and description, but dont double check the name. That might be an additional checkbox at review as there are a few discovered now.

 

[tvanrijt]

A half full / half empty glass... interesting

The more common term here is "mixed feelings". Although that sounds much less interesting

 

[Candace]

So Julia told me last week that the only time they reject a logo is if it's unreadable. I'm guessing that the 'review' for the logo might be simply making sure it's readable.

However, they do make mistakes even with the description and tags sometimes. For example, one of my 'labs' domains was put in some random category (I don't remember which one now, maybe 'travel'). I asked MK about it; he agreed that it was categorized incorrectly and that the logo needed work. They changed it.

Personally, the way I see it is that it's my domain. I'm paying them a listing fee, and they should make sure everything is good on their end. They usually do, but since they are prone to mistakes, I think it's also my responsibility to see the mistakes (if any) and point it out. So, I do find it strange that the domain owners didn't recognize the mistake.

 

[Brandworthy]

They have 33K+ names and logos. A few mistakes are bound to happen.

If this is the biggest problem they have then I think they are doing very well. The true measure of a company is how they address problems, not whether problems arise.

 

[Chris Hydrick]

Why BB's Reseller market is down? People are not even buying for 25 USD for published domains.

Because of the many 1.99 .com sales, a lot of people regged a lot with brandbucket in mind, also to get the reseller value. $20 for an accepted name and $2 reg fee means an acceptance rate of 10% to break even.

However, since a lot of people did this in a short time span, supply is now much bigger than demand. Therefore the price goes down.

There is a little more to it than that.

When bb offered free listing fee's, they were more selective of what domains were added. Thus, a domainer would have had to reg many domains (not always easy via GoDaddy's old coupon system (wasn't fully unlimited like we see today at Domain.com etc) to have one accepted to bb. bb'ers found it easier to just buy from resellers.

bb stopped free listing fee's around the time GD haulted coupon codes, meaning for several months, the best price for a .com reg was around $8 via GD DDC. At $8 each, one would have to have a 25% acceptance rate to reg a bb domain for $32. One could either try their luck with 4 hand regs, 2 closeouts, or 1 bb accepted domain.

When coupon codes returned, the price of entry to bb significantly decreased. Being it was seemingly a numbers game for most hand regging via patterns, one could reg 12 domains for $18 via promo's, have 25% accepted (3), thus instant profit is made when selling the 3 bb domains for anything over $18.

With that said, are 3 hand reg bb domains (purchased on promo) better than one aged domain purchased via GD CloseOut? $10 listing fee + $8 renewal vs $30 listing fee + $24 renewal. Do things change if coupon domainers start regging domains for 2+ years (via promo)? Define better.

Better = Quicker chance of selling?

$2 per year X 3 years x 12 = $72 + (3 x $10 listing fee) = $102 for 3 bb domains regged for 3 years. That's $34 for published bb domain for 3 years. $34 - $10 (listing fee) = $24 (or roughly 3 years worth of renewals at GD DDC prices)

The reseller market was once defined upon a annual sell through rate, which has since been debunked and is now known among wholesalers to be irrelevant. The goal is to unsubjectively define better in terms of margin. Does that mean buy high sell higher or buy low sell high?

I define better using margins. There are plenty of bb resellers who don't subscribe to selling their domains at the sale through rate. I noticed bb accepted

for sale on NP for $XXX. Essentially, it's what we all want, but Is $XXX worth it? I've kicked myself previously for not pulling the trigger on other domains sold for $XXX by this seller when those domains sold on bb for $X,XXX a few months later.