BrandBucket Experience

michaeljkrell said:

I just wanted to say that if I was the only the person selling names on BB, it wouldn't be much of a marketplace . I'm getting a good number of sales, but nothing close to enough to justify their development, marketing, and human resource expenditures for a couple of sellers.The vast of majority of people don't post their sales (I rarely did until I became a BB Ambassador).

Like Brandworthy said, I am aggressively increasing my portfolio, and so my BB portfolio is increasing.

I haven't really noticed the prices going up much overall. I have been fortunate to be able to purchase a larger amount of better names, and the majority of those were first up in my queue.

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michaeljkrell said:

I just wanted to say that if I was the only the person selling names on BB, it wouldn't be much of a marketplace . I'm getting a good number of sales, but nothing close to enough to justify their development, marketing, and human resource expenditures for a couple of sellers.The vast of majority of people don't post their sales (I rarely did until I became a BB Ambassador).

Like Brandworthy said, I am aggressively increasing my portfolio, and so my BB portfolio is increasing.

I haven't really noticed the prices going up much overall. I have been fortunate to be able to purchase a larger amount of better names, and the majority of those were first up in my queue.

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thekiller said:

Anyone got their April 10 submission reviewed?

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London555 said:

Michael-Ive just recently put some names on BrandBucket at what I would consider fair prices.Here's what's interesting-they have DEQO.com listed for $75,000-I own DEQIO.com and they rejected it! That said I asked them to reconsider and they were great and said they would. Their support is as good as any ive seen if not better. So we'll see if they approve DEQIO.com lol

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Keith DeBoer said:

Yes, the doubling of inventory in less than a year is a bold move and we will have to see how it pans out. Previously, many clients would come to BB but not all found a suitable name to buy. The idea now is to have an inventory so large and diverse that every client finds what they need. BB no longer wants to share so much of the brandable market with the 15+ BB imitators like BrandRoot, Namerific etc. There is a danger that having so many names will overwhelm clients and alienate sellers. Or the quality could go down and tarnish BB's rep etc. BUT.......... There is also a possibility of success which means BB starts taking a big chunk of business from its competitors. So far BB is the leader in this niche industry and I'm a new and loyal seller and plan to see it through. I trust Margo and her team. I think there is a good chance it will work and we will sell more names than before. Keep in mind that the number of sellers has not doubled, only the number of names from the existing seller community. So BB is get a larger percentage of our personal inventory in front of their clients. I think that as a community of sellers we should be happy about that.

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hookbox said:

On May 9 they broke 11,000 domains and ONLY 16 days later they break 12,000 names. That's $10,000 worth of fees in a little over a 2 week time frame. Please don't give me the sales pitch that you sit there and vote all day for free listings. Maybe a few of you do but not many. They don't have to sell any names and they still turn a profit off the fees. Doesn't it make you guys wonder why they don't list completed sales. It's obvious, you can't track the success of a marketplace if you don't get to see the sales. Brandroot shows you their sales. What's the big secret Brand Bucket? Show your sales to show you are a proven sales channel. Very few on this thread show sales so it would be nice to see some sales history from the source.

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michaeljkrell said:

Hi. Afraid that I don't have a very high opinion of deqio.com. I would be very happy getting like $500 for it.

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NameFit said:

We have to look at this angle as well as to what will happen in future. There is only one way for inventory to go. More names are being added by sellers or BB itself than what are sold.

BB has close to 12 thousand names. Their search is based on categories and is not text search (like exact, containing) - and it is not supposed to be as it is not applicable to brandable names. One brandable name can fit into multiple categories.

With time, it will become more difficult for the buyer to 'reach' your name. It is not like auctions, where name gets attention when other people are bidding on it or it is getting closer to the closing time. As a buyer, how many names can you really review before giving up. I would suggest every seller should try to make a test search and have first hand experience of buying at BB.

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hookbox said:

On May 9 they broke 11,000 domains and ONLY 16 days later they break 12,000 names. That's $10,000 worth of fees in a little over a 2 week time frame. Please don't give me the sales pitch that you sit there and vote all day for free listings. Maybe a few of you do but not many. They don't have to sell any names and they still turn a profit off the fees. Doesn't it make you guys wonder why they don't list completed sales. It's obvious, you can't track the success of a marketplace if you don't get to see the sales. Brandroot shows you their sales. What's the big secret Brand Bucket? Show your sales to show you are a proven sales channel. Very few on this thread show sales so it would be nice to see some sales history from the source.

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hookbox said:

On May 9 they broke 11,000 domains and ONLY 16 days later they break 12,000 names. That's $10,000 worth of fees in a little over a 2 week time frame. Please don't give me the sales pitch that you sit there and vote all day for free listings. Maybe a few of you do but not many. They don't have to sell any names and they still turn a profit off the fees. Doesn't it make you guys wonder why they don't list completed sales. It's obvious, you can't track the success of a marketplace if you don't get to see the sales. Brandroot shows you their sales. What's the big secret Brand Bucket? Show your sales to show you are a proven sales channel. Very few on this thread show sales so it would be nice to see some sales history from the source.

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cocaseco said:

Its about privacy of customer for one. I never disclose my sales anywhere, and i don't want them disclosed on my behalf if I can avoid it. But I suspect the bigger issue is that they are a privately held company, and hence not required to disclose revenue. How many private companions do you know of disclose sales? probably zero, but maybe a few. Its just basic business intelligence to keep that a secret Brandroot is making a critical error in my opinion. Among other things, they lose the ability to "look bigger than they are" which is a time tested business tactic used by almost everyone. I sense that you may not have much business experience, but how much profit a company makes is nobody's business. they are entitled to whatever they can get. And unless you have been there, you would be shocked by the costs to run a business with a real business office and staff. $10,000 worth of fees is nothing for a viable company's cash flow, though you and i would love to have it. The proof is in your sales as they are the only ones you can trust. If they are successful enough for your own domains, you continue to use them. If they are not, then you won't. Why do I need to track their success if they are successful for me? You don't likely use the sales of your local gas station to decide if you should buy gas there, why is this different? Welcome to the Free Market.

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hookbox said:

First, I think before you comment about a subject you should research the subject. I have never wanted sales numbers all I have wanted is the names that sell. BrandBucket since the beginning has always shown the names that sell and stopped doing it. I could care less about the prices. When I and Ray (TLDinvestors) broke down BrandBucket sales we both came up with very important information that benefited everyone on this thread. This was before you even attempted to sell your first domain. So your welcome for that information.

I will also give you permission to question my business experience when you have sold a handreg for at least $20,000 or have profited more than $30.000 in one month off of domains. Once you do that I give you permission to question my experience. It was a great laugh though so thanks for that.

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hookbox said:

First, I think before you comment about a subject you should research the subject. I have never wanted sales numbers all I have wanted is the names that sell. BrandBucket since the beginning has always shown the names that sell and stopped doing it. I could care less about the prices. When I and Ray (TLDinvestors) broke down BrandBucket sales we both came up with very important information that benefited everyone on this thread. This was before you even attempted to sell your first domain. So your welcome for that information.

I will also give you permission to question my business experience when you have sold a handreg for at least $20,000 or have profited more than $30.000 in one month off of domains. Once you do that I give you permission to question my experience. It was a great laugh though so thanks for that.

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starizec said:

You are very rude.

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cocaseco said:

What makes you think I didn't research? That sounds like a bad assumption on your part. You specifically used as the crux of your argument the price they charged and referred to their profitability. Perhaps you yourself aren't sure what you want? At best you co-mingled your points. If you only wanted names, then don't use a financial argument, or do, I don't care, I just got tired of the whining. You go on to make another assumption about when I sold my first domain, maybe that's how you justify yourself, I don't know. I likely was selling domains while you were still in the high school computer club. The good news is that its verifiable if you care to educate yourself. My first domain registered is still in operation, www.findafranchise.net. I believe that was in '99 +/-and if you go back and research the WHOIS history you will find my name. You would be hard pressed to beat that, but that's not the issue.

You go on to make further assumptions and you have know idea who I am or what I have done. A rebuttal build on assumptions makes you look ignorant. Almost as much as suggesting that because you hand regged a domain for $20K somehow makes you a business expert. It makes you lucky at best. $30K in a month is admirable, but its hardly a rare club. Many people, myself included, have done that. the trick and the really elite people are those that do it every month. Are you in that club? I'm not. I actually question anyone's business experience, and don't need permission, that doesn't have an MBA, or hasn't done a real start-up with staff, location and at least series A funding. If you had either of those your rebuttal would have been more succinct and well articulated instead of a jumble of emotional response aimed at trying to make your epeen look bigger.

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cocaseco said:

What makes you think I didn't research? That sounds like a bad assumption on your part. You specifically used as the crux of your argument the price they charged and referred to their profitability. Perhaps you yourself aren't sure what you want? At best you co-mingled your points. If you only wanted names, then don't use a financial argument, or do, I don't care, I just got tired of the whining. You go on to make another assumption about when I sold my first domain, maybe that's how you justify yourself, I don't know. I likely was selling domains while you were still in the high school computer club. The good news is that its verifiable if you care to educate yourself. My first domain registered is still in operation, www.findafranchise.net. I believe that was in '99 +/-and if you go back and research the WHOIS history you will find my name. You would be hard pressed to beat that, but that's not the issue.

You go on to make further assumptions and you have know idea who I am or what I have done. A rebuttal build on assumptions makes you look ignorant. Almost as much as suggesting that because you hand regged a domain for $20K somehow makes you a business expert. It makes you lucky at best. $30K in a month is admirable, but its hardly a rare club. Many people, myself included, have done that. the trick and the really elite people are those that do it every month. Are you in that club? I'm not. I actually question anyone's business experience, and don't need permission, that doesn't have an MBA, or hasn't done a real start-up with staff, location and at least series A funding. If you had either of those your rebuttal would have been more succinct and well articulated instead of a jumble of emotional response aimed at trying to make your epeen look bigger.

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