BrandBucket era is over

[Isac]

Brandbucket already have more than 48000 domain, now which means if you will try to sell domain through them . You don't stand any chance even if you have hundreds of domains. For each domain you need to pay $ 10, which means you end of paying $ 100 for only 10 domains which will probably will never be sold and you have to put their nameservers. which means all traffic will go towards them.

Trust me guys BB era is over and it's all about Namepros now.

You don't need to buy domain which are BB accepeted or rejected. Use your mind and buy brandable domains which you think are good.

It's only my opinion. You can share yours.

 

[JimJammy]

When did I say you weren't doing as well as we are? I have no idea how you're doing to be honest im just interpreting your stated BB results which are nonsense. Have a nice day.

I just think it would be nice since you are picking untrue holes in my shared information, that you too could share some information. Sharing information with the community is a lot more help than attacking someone don't you think?

 

[Furquan]

When did I say you weren't doing as well as we are? I have no idea how you're doing to be honest im just interpreting your stated BB results which are nonsense. Have a nice day.

Let us know your stats? Forget the BB (as you are person who think it's waste of time & energy) let us know about your sold Brandable domains on other platform (will be glad if you share some proof, like @JimJammy )

 

[London555]

Let us know your stats? Forget the BB (as you are person who think it's waste of time & energy) let us know about your sold Brandable domains on other platform (will be glad if you share some proof, like @JimJammy )

Only a novice investor would ever post financials of any sort on an open forum. Are you serious? Other than@jimjammy have you ever seen anyone else be so open? Even though I don't agree with the numbers. What's the up side of posting financials on an internet forum. Are you nuts?

 

[Recons.Com]

I appreciate @JimJammy for providing so much info and transparency.

The conversation should have gone along these lines:

"Thank you for letting us know that your revenue after logo fees and bb fees was $35K. Is it fair to assume that your net income before taxes, depreciation, overhead etc. was $35K - 1250 domains * $8 renewal fee = $25K? And that the numbers don't include the opportunity cost of having invested $xxxx to $xxxxx into 1250 domain names?"

Instead of "you are misleading".

 

[London555]

I appreciate @JimJammy for providing so much info and transparency.

The conversation should have gone along these lines:

"Thank you for letting us know that your revenue after logo fees and bb fees was $35K. Is it fair to assume that your net income before taxes, depreciation, overhead etc. was $35K - 1250 domains * $8 renewal fee = $25K? And that the numbers don't include the opportunity cost of having invested $xxxx to $xxxxx into 1250 domain names?"

Instead of "you are misleading".

You're right. I stand corrected. Thank you.

 

[JimJammy]

I appreciate @JimJammy for providing so much info and transparency.

The conversation should have gone along these lines:

"Thank you for letting us know that your revenue after logo fees and bb fees was $35K. Is it fair to assume that your net income before taxes, depreciation, overhead etc. was $35K - 1250 domains * $8 renewal fee = $25K? And that the numbers don't include the opportunity cost of having invested $xxxx to $xxxxx into 1250 domain names?"

Instead of "you are misleading".

Agreed, thank you. Your figures would be incorrect though. If you want to add in cost of the domains and renewals then consideration should be given to the fact that it took 2 and a half years to build that portfolio, plus I've sold many more domains on Brandbucket than just the 22 sold last year.

 

[Recons.Com]

Agreed, thank you. Your figures would be incorrect though. If you want to add in cost of the domains and renewals then consideration should be given to the fact that it took 2 and a half years to build that portfolio, plus I've sold many more domains on Brandbucket than just the 22 sold last year.

Right. There are bunch of ways of doing it. Multi-year, with discounting etc.

The point is you provided some info which is a great starting point to plug in your own assumptions and play around with.

For example, I could use it this way:

Maybe I can get the same % of sales as JJ. Let's say I build portfolio of 1000 names within a year with BB. I will target cost of $30K for acquisition + listing fees and expect with even build-up and average annual count for the first year of 500 names that I will sell 8-10 names with net payout to me from BB of $1200 per name resulting in revenue of $9,600 to $12,000.

Second year, assuming that I just "refill sold names" at the cost of around $300, I will sell 16 to 20 names and earn $19,200 to 24,000 minus $8K in renewals resulting in net income before taxes, overhead etc. of $11,200 to 16,000 for average of around $13.6K, minus restocking cost of around $600, we arrive at around $13K annuity on $30K investment.

Now, the bigger question would be a) would my portfolio be of similar quality as yours; b) how much of your % is due to the extra work you are putting promoting the names; c) how much would I make if I added those names to Afternic, Sedo and did my own landing pages; d) how reliable is BB and won't they continue the negative trend with % etc.

 

[JimJammy]

Now, the bigger question would be a) would my portfolio be of similar quality as yours; b) how much of your % is due to the extra work you are putting promoting the names; c) how much would I make if I added those names to Afternic, Sedo and did my own landing pages; d) how reliable is BB and won't they continue the negative trend with % etc.

And that right there is basically the crux of domaining.

There are people that have thought they can list any old domain on BB and then throw a fit when it doesn't sell in the first year, they then go screaming around the forums claiming all sorts of underhand things about BB. These people have no conception that brandable domaining is as much of an art as geo domaining, target domaining, pinyin domaining, chip domaining etc. Anyone joining BB now might not do as well as me, they might do better than me. There are certainly sellers on BB doing better than me right now.

The OP was implying that BB was a waste of time. I hope I've proved otherwise because I'm making money, and so are some of the other people that have made comments in this thread.

 

[Recons.Com]

And that right there is basically the crux of domaining.

There are people that have thought they can list any old domain on BB and then throw a fit when it doesn't sell in the first year, they then go screaming around the forums claiming all sorts of underhand things about BB. These people have no conception that brandable domaining is as much of an art as geo domaining, target domaining, pinyin domaining, chip domaining etc. Anyone joining BB now might not do as well as me, they might do better than me. There are certainly sellers on BB doing better than me right now.

The OP was implying that BB was a waste of time. I hope I've proved otherwise because I'm making money, and so are some of the other people that have made comments in this thread.

What matters is the VALUE ADDED. If BB is not adding value, it might still be argued that BB is a waste of time. Making money is not proof of added value. What matters is how much more you would make on BB compared to listing on other non-exclusive marketplaces and doing your own landing page.

I have around 100 names on BB but I have stopped adding any as I don't see added value anymore.

 

[JimJammy]

I have around 100 names on BB but I have stopped adding any as I don't see added value anymore.

And I agree that for you, this is 100% the right thing to do.

I do have a few hundred brandables (mostly BB rejects) that I have listed on my own site, sedo and/or afternic. I can sell them just fine, at low $xxx. I just can't get the prices that I can get on BB so for me, it's a no brainer to put them on there and forget about them. I have my other domaining that takes up all my time so I can't dedicate much time to brandables at all, and to be honest, I wouldn't have a clue how to sell them on my own at decent prices even if I did have the time.

As you said earlier, it's all about skill, quality and time. We don't all have the same amount of expertise in those areas so BB will suit some, but not others.

Good luck in your domaining and thanks for your opposing view whilst keeping a civil conversation.

 

[Recons.Com]

And I agree that for you, this is 100% the right thing to do.

I do have a few hundred brandables (mostly BB rejects) that I have listed on my own site, sedo and/or afternic. I can sell them just fine, at low $xxx. I just can't get the prices that I can get on BB so for me, it's a no brainer to put them on there and forget about them. I have my other domaining that takes up all my time so I can't dedicate much time to brandables at all, and to be honest, I wouldn't have a clue how to sell them on my own at decent prices even if I did have the time.

As you said earlier, it's all about skill, quality and time. We don't all have the same amount of expertise in those areas so BB will suit some, but not others.

Good luck in your domaining and thanks for your opposing view whilst keeping a civil conversation.

It could be pricing or the names, but I do get ok sales in $1,500 - $3000 range from Afternic. I normally don't price any names at $xxx at the marketplaces, as I don't see point in that. If your % is in 0.5%-2% range, you normally do need $xxxx prices to pay for renewals, time spent and expected profit.

 

[DomainGist]

What happens if you pay the $10 fee and your name is accepted.... and then it is stuck with a logo like this for 12 months?

What the f*ck is that thing? Is it supposed to be a chimp? Because it looks like a retarded child wearing mouse ears.

Can you demand that a different designer gets paid if the domain sells? Get a new logo?

This is what I mean about logos sometimes hindering sales. That's not a terrible domain, but the logo makes me want to punch my laptop screen.

 

[MapleDots]

Brandbucket already have more than 48000 domain, now which means if you will try to sell domain through them . You don't stand any chance even if you have hundreds of domains. For each domain you need to pay $ 10, which means you end of paying $ 100 for only 10 domains which will probably will never be sold and you have to put their nameservers. which means all traffic will go towards them.

Trust me guys BB era is over and it's all about Namepros now.

You don't need to buy domain which are BB accepeted or rejected. Use your mind and buy brandable domains which you think are good.

It's only my opinion. You can share yours.

I have a few nice brandables but I prefer to market them myself.

 

[Isac]

I have a few nice brandables but I prefer to market them myself.

That's good.

 

[Chris Hydrick]

What happens if you pay the $10 fee and your name is accepted.... and then it is stuck with a logo like this for 12 months?

I agree that the logo mentioned looks more like a mouse or deadmau5, but really, is that the worst chimp related logo bb has listed? It's not the best, but it's not the worst, IMO.

A concern I had during BB's growth [ie the decision to start charging listing fee's + seemingly loosened up acceptance criteria] was that quality was going to get lost in the quantity. If BB has a 90% logo satisfaction rate, should individual dissatisfaction be ignored? In scale, individual dissatisfaction by volume continues to grow, even if overall satisfaction rates grow.

ie.

10,000 logos x 90% satisfaction rate = 1,000 dissatisfied logo's, and redesign requests.
50,000 logos x 95% satisfaction rate = 2,500 dissatisfied logo's, and redesign requests.

Meaning, because they were scaling, even if they had tightened quality control, dissatisfied logo's, and redesign requests would inevitably continue to rise by volume. Thus, imo, more need(ed)s to be done to address bad logo's. Way back when, the decision bb made to decline a NP members request for redesign on poor quality logo's, had raised questions in my mind as to how much does bb staff / policy actually care about their non important sellers.

Arguably more important than logo quality, is the description, and the amount of possible uses, categories, and keywords included. Granted this (2011) domain was appraised higher than bottom pricing tier, and that is believed to help with search rankings, there aren't many (8) keywords, or (3) categories. Given categories, and keywords is how bb internal search is believed to operate, it is critical that if this domain is to be found via bb search, that proper [quality and quantity] tags are added. If this was my domain, I would be more upset about the description [ie amount of keywords] and my inability to change my description, than I would be over the logo.

I know these may seem like moot points to some, but I think overall seller satisfaction, and overal transparency will go a long way into brandbucket sustaining their position as the best brandable domain marketplace.

 

[DomainGist]

Well the second from left, top row, that's actually an ape or a baboon or something

I think the inconsistency with logo quality is just as big of a problem as the massive amounts of low quality brandables they've allowed onto the marketplace.

 

[Isac]

Well the second from left, top row, that's actually an ape or a baboon or something

I think the inconsistency with logo quality is just as big of a problem as the massive amounts of low quality brandables they've allowed onto the marketplace.

 

[Chris Hydrick]

Well the second from left, top row, that's actually an ape or a baboon or something

I think the inconsistency with logo quality is just as big of a problem as the massive amounts of low quality brandables they've allowed onto the marketplace.

I agree. Prior to reading your response, I edited my comment to add some additional info, not knowing if you had already read it.

Continuing this discussion: how dissatisfied should a seller be when they receive a poor quality logo if they paid $0 to list, vs those paying $10 to list. If bb published your first 500 domains for $0, would you be as concerned over logo quality if you had paid $5,000 in listing fee's for those 500 domains?

 

[karmaco]

Well if you paid $500 to have 500 names accepted/evaluated and if it sells that logo fee is coming out of your cut then yes you should still care about the logo quality. Not merely because of the fee but because you’d want your name to be visually appealing to potential buyers.

Some of their logos are cheesy or just plain old bad. I had a good chuckle over that ape comment above. (That chimp has lipstick on & second photo is a )

Hey @Isac you sure like starting a riot lately with your thread subject choices

 

[Chris Hydrick]

Well if you paid $500 to have 500 names accepted/evaluated

When you say $500 to have 500 names accepted/evaluated, are you referring to the growth program and the $1 listing fee?

Because otherwise, at $10 per listing fee, 500 names = $5,000

if it sells that logo fee is coming out of your cut then yes you should still care about the logo quality.

This is another important sub-conversation to logo quality. I am talking about not being satisfied regarding free listings that include logo creation, because well somebody had to spend their time to creating the listing / logo. I believe it was once said the designer can opt for $5 per logo, or the $100 - $500 fee, when it sells. Thus, if the designer ops for the $5 up front option, it tells me the logo is worth $5. Unless I'm mistaking costs, I think it's reasonable if sellers were given the option to either pay a $5 logo fee, OR the $100 - $500 option. Otherwise, how do I know if my designer is working for $5 or $100-$500? When I was a seller, there was a different level of frustration seeing a $100 logo published that looked like it took more time and effort than a $200+ logo. Makes me regret paying more for a sub-quality logo. Is it unreasonable to request logo redesigns for poor logo's when logo rewards are set to $200+? It just seems that bb has a lot of ways to improvise, and set an equally beneficial and reasonable standard, yet these concerns have seemingly been ignored.

Hey @Isac you sure like starting a riot lately with your thread subject choices

IDK if it's about starting a riot, or if it's about asking hard hitting bluntly asked questions, or statements, that some have been internally wondering for years. The statement, bb is over, is more a suggestion, and as such should include 'appears over', as without internal numbers, future upgrades or pivots, the assertion is speculative. If the title said appears, would this thread have received the same reaction as it has?

 

[Furquan]

Brandbucket era isnt over, only some ppl luck is over.

Here is one instance, I had shared this domain "nesomo.com" in Brandable gem available section in Nov 17, someone reg it listed on BB & whola it's got sold. Are you still not believe in Luck @Isac

https://www.namepros.com/threads/br...ntly-blastbux-com.938565/page-36#post-6454962

Edit:- There are some people who claim "Insider BS" then why the fuck insider not registered this name.

 

[Isac]

Brandbucket era isnt over, only some ppl luck is over.

Here is one instance, I had shared this domain "nesomo.com" in Brandable gem available section in Nov 17, someone reg it listed on BB & whola it's got sold. Are you still not believe in Luck @Isac

https://www.namepros.com/threads/br...ntly-blastbux-com.938565/page-36#post-6454962

Edit:- There are some people who claim "Insider BS" then why the f*ck insider not registered this name.

It's not only about luck. It's all about minimizing risk through your experience and intelligence and maximizing luck. luck doesn't come down straight from heaven.

We need to understand this is not a lottery.

With luck a person may sell domain once, but after that luck will left that person.

 

[Furquan]

It's not only about luck. It's all about minimizing risk through your experience and intelligence and maximizing luck. luck doesn't come down straight from heaven.

We need to understand this is not a lottery.

With luck a person may sell domain once, but after that luck will left that person.

No issue, you just depends on your intelligence and experience & let us know when you sell any Brandable domain name.

PS:- I am going to post another Brandable domain. which got dropped and no one insider registered it. (Insider BS)

 

[Isac]

No issue, you just depends on your intelligence and experience & let us know when you sell any Brandable domain name.

PS:- I am going to post another Brandable domain. which got dropped and no one insider registered it. (Insider BS)

And you just sit and be dependent upon luck only. money will be sent down from sky

 

[Furquan]

And you just sit and be dependent upon luck only. money will be sent down from sky

Yeahs, I got $298 from domain Affiliate commission & another $$$ from Genesis mining affiliate commission.

You are invited to try your luck here.

https://www.namepros.com/threads/br...ntly-blastbux-com.938565/page-36#post-6507423