discuss Do you really think BB values (Price for domain) are real ??

[vikas123]

Brandbucket quoted prices for domain

 

[Justin Matmor]

that is true

that chances the odds a little
so here are my personal stats

Submitted:728
Rejected:623
Published:83
Sold:3
8 are pending for design
1 accepted domain I do not want to publish

let say I spend $7280 usd on registering domains
and $830 usd on fees

now I m f*cked as I spend $8110 usd
as I was paid only $6950 usd

I wasted $1160 usd
to have 80 published names
and 8 pending design

thats $13,18 usd per published name
- I can live with that-



come on BB give me another sale

3 sales from 80 odd names is quite good.

What is disappointing is your acceptance rate. Maybe you should have stopped submitting after your 100'th submission?

 

[frank-germany]

3 sales from 80 odd names is quite good.

What is disappointing is your acceptance rate. Maybe you should have stopped submitting after your 100'th submission?

stopping never..
improving ever ..

just 1 odd name
2 x nice 4l.com

 

[Bram C.]

stopping never..
improving ever ..

just 1 odd name
2 x nice 4l.com

I thought your calculation was based on hand regs only?

 

[disaac81]

It is extremely hard to make money with BB as shown.

What I think they should do is put other users domains in prominent positions rather than mediaplows so that we can all celebrate others success too.

I mean come on, give us all a chance, let the DIrector stay off the featured section for just a few weeks? Good idea?

 

[Justin Matmor]

It is extremely hard to make money with BB as shown.

What I think they should do is put other users domains in prominent positions rather than mediaplows so that we can all celebrate others success too.

I mean come on, give us all a chance, let the DIrector stay off the featured section for just a few weeks? Good idea?

which featured sections?

 

[frank-germany]

I thought your calculation was based on hand regs only?

4 l.com were $87 usd and $499 usd
the odd one sold was about 6 years old 6*9 usd
so you are right

still calculation is valid more or less
as 99% are handregs

maybe I want it to be better then it is

 

[Abdullah Abdullah]

It is extremely hard to make money with BB as shown.

What I think they should do is put other users domains in prominent positions rather than mediaplows so that we can all celebrate others success too.

I mean come on, give us all a chance, let the DIrector stay off the featured section for just a few weeks? Good idea?

Featured names depends on what they like. I once had four names featured.If the buyer doesnt want your name then featured or not it will not be bought by that buyer.

I know other useers here who had their names featured too.MK has good names and spends more than we spwnd I think cause the names he has are great. Also, when you have 5550 names out of a 35000, I think there will be more chances for that such owner. I have 28 published, 8 pending, 2 sold . When I sold my first name, I had 5 names published with only one being there almost a year . Yet , a buyer came and like my only odd name and bought it.

Then I had 11 and made another sale. All hand regs. So sales can happen at any time.

All I know also is that members with big portfolios are making sales.

 

[hookbox]

Michael Krell is not the owner of BrandBucket. Michael posted on TLDinvestors.com that he pays 30% commission like every other BrandBucket seller.

To be honest nobody really knows if he is a partial owner or pays the 30% or not. BB may have given him a percentage of ownership to keep him loyal to them. It happens all the time in business.

 

[hookbox]

Featured names depends on what they like. I once had four names featured.If the buyer doesnt want your name then featured or not it will not be bought by that buyer.

I know other useers here who had their names featured too.MK has good names and spends more than we spwnd I think cause the names he has are great. Also, when you have 5550 names out of a 35000, I think there will be more chances for that such owner. I have 28 published, 8 pending, 2 sold . When I sold my first name, I had 5 names published with only one being there almost a year . Yet , a buyer came and like my only odd name and bought it.

Then I had 11 and made another sale. All hand regs. So sales can happen at any time.

All I know also is that members with big portfolios are making sales.

Maybe the buyer didn't come to BB and find your name and instead thought of the name himself and just followed the link to BB. Without real stats from BB you don't how any sale actually occurs on their platform.

 

[Abdullah Abdullah]

Maybe the buyer didn't come to BB and find your name and instead thought of the name himself and just followed the link to BB. Without real stats from BB you don't how any sale actually occurs on their platform.

You could be right there but what makes me think the buyer found it on bb is because I had the names for few weeks or almost two months and even when it got approved never published ( talking about the first sale , in fact , maybe I wouldnt have published if I didnt show to onw of BBs big sellers here who urged me to publish and less than a week it got sold)

So you say just a coincidence ? Maybe ...maybe not

 

[hookbox]

You could be right there but what makes me think the buyer found it on bb is because I had the names for few weeks or almost two months and even when it got approved never published ( talking about the first sale , in fact , maybe I wouldnt have published if I didnt show to onw of BBs big sellers here who urged me to publish and less than a week it got sold)

So you say just a coincidence ? Maybe ...maybe not

Anything is possible.

 

[Brandworthy]

here are my personal averages at BB

6.82% of inventory sold
over the past 12 months

its about the names
not about the owner

It's also about statistical significance. If you had 5-10% of all inventory then we could surely conclude that your names are likely better. But if a far smaller number then I'd say it's either a low number of sales where just one more or less sale has an oversized impact on your sales rate, or just pure luck.

E.g. having 4 names listed and 1 sale gets you a sales rate of 25%. But it doesn't necessarily make your names any better than the rest.

 

[Sophia Alice]

If the domain is in the eyes of right person then a yes ...

 

[kn65]

If a salesman can sell an Isuzu, they call sell anything.

 

[frank-germany]

If a salesman can sell an Isuzu, they call sell anything.

or a vorwerk

 

[SBS66]

but setting XXXX price for any domains which are worthless and confusing everyone

Who decides that it's worthless? BB? And who gets confused? In referencing "everyone" do you mean buyers and sellers get confused?

It is extremely hard to make money with BB as shown.

What I think they should do is put other users domains in prominent positions rather than mediaplows so that we can all celebrate others success too.

I mean come on, give us all a chance, let the DIrector stay off the featured section for just a few weeks? Good idea?

I don't get the lure of of BB and and did try Namerific, to whom I paid $10 for some bs listing that never materialized. I also didPlentyofBrands with 2 names that I'm about to take out because that site seems dead or static in terms of sale...haven't seen any update to their sales total in well over 6 months.

BB "values" or "prices" are just opinions. Rather than complain that BB doesn't give everyone a chance, go out and do something different ..it may work, it may not..but I don't see BB or any other marketplace becoming more democratic every time someone complains.

Even if a domainer is not an investor like @AbdulBasit.com, who is confident in the value of his names (not to mention patient), we would all benefit from having confidence in our names and trying to develop our skills in choosing better names and in marketing them rather than waiting for some marketplace to wave their alleged magic wand and do the selling for us.

 

[UncleBrand]

it is all about perception ,
not everybody know the value of a domain name,
so a decent business can give value to a domain name they like, for whatever reason

when they decide that they want this domain name, it is only a matter of negotiation skills that will fix the deal

a lot of brandable sold at Uniregistry have reached 5 figures, because a trained salesman is taking care of the negotiation

my brandable submitted to Brandbucket came with low and high valuation, on average they are spot on

 

[Masay]

BB domain sales statistic is about 2% or 800 name from 35000 domain..

what I want to know is how many people (sellers that list their name) makes money from this marketplace?
10%? 20%? 5%? someone know?

 

[aramyus]

what I want to know is how many people (sellers that list their name) makes money from this marketplace?

It's unlikely anyone buys domains at significant prices to resell them on BB.

BB has primarily invented domains, most likely purchased at regfee, so, even one domain sold is enough to make money.

If really 2% of domains get sold each year, it means you need in average 50 years to make a sale. That's not a great fluidity.

Several people also submit domains at BB with the hope of getting approved and they resell for ~50$ or so on NP or similar places.

 

[UncleBrand]

BB domain sales statistic is about 2% or 800 name from 35000 domain..

what I want to know is how many people (sellers that list their name) makes money from this marketplace?
10%? 20%? 5%? someone know?

the owners make good money,
and a few domainers that have some quality domain showcasing there

the only think i don't like about their marketplace is you pay a fee of 10$ to have your domain in only one marketplace. that is counterproductive and just don't work for guy with small portfolio that need cash to sustain the portfolio

 

[frank-germany]

If really 2% of domains get sold each year, it means you need in average 50 years to make a sale. That's not a great fluidity.

never rely on statistics
you didn't fake yourself

 

[DNScholar]

BB domain sales statistic is about 2% or 800 name from 35000 domain..

what I want to know is how many people (sellers that list their name) makes money from this marketplace?
10%? 20%? 5%? someone know?

Now they have around 40k names.
And they make around 75 to 90 sales / month i.e. around 900-1100 / year.

 

[UncleBrand]

Now they have around 40k names.
And they make around 75 to 90 sales / month i.e. around 900-1100 / year.

never rely on statistics
you didn't fake yourself

they have 39k domains now,

the sales report is for 2015 ,
with 801 sales reported by themselves,
when they had 35k names

Edit:
Press release from BrandBucket, they talk about 25k at the time they wrote the article
http://www.prweb.com/releases/brandbucket/sales/prweb13316820.htm

 

[Domaniak]

Now they have around 40k names.
And they make around 75 to 90 sales / month i.e. around 900-1100 / year.

Interesting. What's the source source of this information?
EDIT: Nevermind, verified by @DomainChap who has quoted sources

 

[disaac81]

Not a great % of sales is it.

Then consider the MD sells a huge amount, which leaves the rest of the sellers fighting for a tiny percentage.