BrandBucket Experience

DKN said:

I was a BB seller and designer.

There are two options,

1. The designer will get paid immediately $5 once the logo approved. (There will be no $100 to $500 logo award if the domain sells)

or

2.The designer will get $100-$500 logo award if the domain sells.



Designers need to submit original source .ai (Illustartor) file along with 360X200 & 640X640 transparent PNG files.

All BB sales includes Domain + Logo source, If the buyer wants to use the logo he can use it.

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Thanks for the clarification

DKN said:

I was a BB seller and designer.

There are two options,

1. The designer will get paid immediately $5 once the logo approved. (There will be no $100 to $500 logo award if the domain sells)

or

2.The designer will get $100-$500 logo award if the domain sells.



Designers need to submit original source .ai (Illustartor) file along with 360X200 & 640X640 transparent PNG files.

All BB sales includes Domain + Logo source, If the buyer wants to use the logo he can use it.

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So we as sellers get charged a minimum $100 logo fee even if the designer took the $5 upfront?

L2 Media said:

So we as sellers get charged a minimum $100 logo fee even if the designer took the $5 upfront?

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Good question

L2 Media said:

So we as sellers get charged a minimum $100 logo fee even if the designer took the $5 upfront?

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Yes. I think so, and obviously BB will take the remaining $95 to $495.

I think BB loses out on logo payouts. Potentially if every logo designer was paid $5 for each design and 98% of names never sell, BB could be out of pocket in a major way.

Justin Matmor said:

I think BB loses out on logo payouts. Potentially if every logo designer was each paid $5 for each design and 98% of names never sell, BB could be put of pocket in a major way.

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Not really because our $10 listing fee pays the $5 logo fee. BB never looses.

Infact they make a killing. Assuming the designers know that 98% percent of names never sell, most will elect to take the upfront $5 (which is paid by our listing fee). So every time a name sells, BB charges us an extra $100 to $500 in logo fees which they pocket.

Justin Matmor said:

98% of names never sell

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really?

The listing fee doesn't pay the logo designer. The listing fee is for them publish your name on their website.

L2 Media said:

Not really because our $10 listing fee pays the $5 logo fee. BB never looses.

Infact they make a killing. Assuming the designers know that 98% percent of names never sell, most will elect to take the upfront $5 (which is paid by our listing fee). So every time a name sells, BB charges us an extra $100 to $500 in logo fees which they pocket.

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So you think BB makes a profit from our listing fee?

So how do they pay for staff who do reviews, copyright, approvals, proofread, sales etc. What about overheads??

RU said:

really?

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Do the math.

JimJammy said:

The listing fee doesn't pay the logo designer. The listing fee is for them publish your name on their website.

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Listing fees are used to cover costs including logos and descriptions.

Justin Matmor said:

So you think BB makes a profit from our listing fee?

So how do they pay for staff who do reviews, copyright, approvals, proofread, sales etc. What about overheads??

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Yes listing fees are part of the revenue they collect to pay for the expenses you just mentioned.

L2 Media said:

Listing fees are used to cover costs including logos and descriptions.



Yes listing fees are part of the revenue they collect to pay for the expenses you just mentioned.

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You said BB never loses because they charge us $10. If they just relied on the $10 charge they would be out of business.

L2 Media said:

Listing fees are used to cover costs including logos and descriptions.

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Where does it say that?

It's very clear on their website...

Listing fee
The listing fee for each name is $10. This is a one time fee paid only if your name is approved and you wish to proceed with listing it.

So listing fees are used to cover costs involved with listing and logo fees are used to cover costs involved with logos.

@Justin Matmor @JimJammy

Bottom line is this... I don't care if you're going to charge me $100 extra on top of the 30% you're already collecting to sell my domain. Especially if its a name that only cost me $50 and you it sold for $2500. Just be transparent and say you're pocketing it instead of calling it an "award fee".

L2 Media said:

@Justin Matmor @JimJammy

Bottom line is this... I don't care if you're going to charge me $100 extra on top of the 30% you're already collecting to sell my domain. Especially if its a name that only cost me $50 and you it sold for $2500. Just be transparent and say you're pocketing it instead of calling it an "award fee".

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I don't really understand what you are talking about.

It's completely transparent.

Listing fees cover the costs of listing your domain on their website, logo fees cover the costs of the logo designers.

DKN said:

I was a BB seller and designer.

There are two options,

1. The designer will get paid immediately $5 once the logo approved. (There will be no $100 to $500 logo award if the domain sells)

or

2.The designer will get $100-$500 logo award if the domain sells.



Designers need to submit original source .ai (Illustartor) file along with 360X200 & 640X640 transparent PNG files.

All BB sales includes Domain + Logo source, If the buyer wants to use the logo he can use it.

Click to expand...

@JimJammy

Above is a comment left by user @DKN

As you an see the designer has the option of accepting $5 upfront and NOT collecting the logo award. Assuming most designers know that only 2 to 3% of BB names sell, they will most likely take the $5 upfront which will be covered by our $10 listing fee.

However, sellers get charged $100 to $500 logo award fee no matter what the designer decides. So if the designer took the $5 and the name sold - BB gets to pocket the logo fee.

I still don't understand how you get that is covered by the listing fee? Logo fees have nothing to do with listing fees.

If BB pays a designer $500 to design 100 logos (the designer has opted for the $5 option) and five of those names sell, BB recoups their $500 they paid out upfront (assuming the logo fee was $100). If more than 5 of those 100 sell, BB makes a profit, if less than those 100 sell BB makes a loss.

DKN said:

I was a BB seller and designer.

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@DKN I would really appreciate your input: Do you know how are the design jobs distributed? Who gets to design the USD 200-500 logos, and who gets the USD 100 logos? Did you have a joice? Were you able to opt to design higher award logos? Did you put more effort in higher pay-off designs?

Andish said:

@DKN I would really appreciate your input: Do you know how are the design jobs distributed? Who gets to design the USD 200-500 logos, and who gets the USD 100 logos? Did you have a joice? Were you able to opt to design higher award logos? Did you put more effort in higher pay-off designs?

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More importantly, does anyone request a $500 logo?

I doubt

What's the longest waiting period for a logo ? Iam entering 3 week with more than 40 pending I guess..eery day 1 or 2 published

Andish said:

@DKN I would really appreciate your input: Do you know how are the design jobs distributed? Who gets to design the USD 200-500 logos, and who gets the USD 100 logos? Did you have a joice? Were you able to opt to design higher award logos? Did you put more effort in higher pay-off designs?

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In my experience, I have seen many names with only $100 logo award (around 90%), often some more $200 logo award names.

But no matter it is $100 award or $500 award, all domains will be picked by designers within a hour most of the time.

Do you know how are the design jobs distributed?

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This is my observation as a designer and seller.

BrandBucket process from submission to publish:

1.Submission for BB review

1.a. Seller submits their domains to BB for review.

1.b. BB team will review the seller's submission.

Duration : Minimum of 1day to 20 days. (BB becomes very fast in review these days)
Nowadays, it will not take more than 14 days.

2. Accepted or approved stage

Once the seller's domain got accepted by BB, the seller needs to do the following steps

2.a. $10 listing fee to be paid by seller.

2.b. The seller needs to redirect the domain to BB sales page / change the name servers.

2.c. Submit for publish


3.Pending BrandBucket Review stage

BB team will write description for your domains. (It will give the logo concept idea for designers)

In your dashboard ( it will shows "pending review" (Pending review for description.)


4. Logo design phase

Then your domain will goes to logo design pool.

Your name will be picked by a logo designer within few hours. (Some times within a hour)

Then Logo designer should upload logo within 48 hours.

Then BB will review the logo uploaded by the designer, (It will take 6 to 48 hours)

If the logo doesn't meet the BB design criteria, it will be rejected and it will be send to design pool again.

If the logo design approved by BB team, domain will come to next step in publishing process.


5."Queued for publishing" Stage

Now the domain will move to queued for publishing stage.

6.Published Stage
Your domain will be live and ready for sale with logo.

Who gets to design the USD 200-500 logos, and who gets the USD 100 logos? Did you have a joice? Were you able to opt to design higher award logos? Did you put more effort in higher pay-off designs?

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I can able to pick and design $100 to $300 logos. But i prefer to design for my own domains (I have designed 100+ logos for my own domains)

Justin Matmor said:

More importantly, does anyone request a $500 logo?

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Yes. I have came across few $500 logo award names.



P.S.
IMO, BB is one of the great market place in the industry who provides professional support for me in all my BrandBucket works.


Hope this helps

rainapple123 said:

What's the longest waiting period for a logo ? Iam entering 3 week with more than 40 pending I guess..eery day 1 or 2 published

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This time last year they were taking several months. It was beneficial back then to award a higher logo price so the logo designers would grab your domain first.

It's not like that now. It usually takes anything from a few days to a few weeks.

Michael has recently stated that they are at full throttle and the last few weeks has seen an influx (I'm guessing because of various registrars offers recently). He has also mentioned that things should be back to normal within 7 -10 days so I'm sure your domains are nearing the top of the pile now.

Hi
I want to be able to share a list of all my domains listed on brand bucket. I forget the format. Can someone remind me how to create a URL/link for a list of my domains on brandbucket?
Thanks

Mike K said:

Hi
I want to be able to share a list of all my domains listed on brand bucket. I forget the format. Can someone remind me how to create a URL/link for a list of my domains on brandbucket?
Thanks

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https://www.brandbucket.com/profile/(yourusername)