BrandBucket Experience

xtremex · May 16, 2013

hello

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

I wish to experience about brandbucket from my fellow members

Thanks

RozasMD · Oct 24, 2018

BrandCougar said:
a) Will BB provide us 70% of the Sedo sale? (minus logo fee)

or

b) Will BB provide us 70% of the Sedo 85% proceeds? (minus logo fee) [Sedo charges 15% for a BIN sale]

A = 70%
B = 59.5% (70% of 85%)

I've sent an email to [email protected] asking for clarification.

FWIW, this is what I was told by BB when asked:

Nothing on the sellers side will be affected, it will still be the BrandBucket commission percentage. Hope this helps!

Cheers

Keith DeBoer · Oct 24, 2018

Yes, everything about the sale and payment to the seller remains the same.
The only change is additional exposure on Sedo.
It's an additional door leading into the same room.

namelancer · Oct 24, 2018

@RozasMD @Keith DeBoer

To take full advantage of exposure Sedo provides, it'd be great for sellers on BB to have an option to be able to promote their domain on Sedo as well (this will be done via payment to BB since BB, identified only as the seller being from US, stands as the name's owner on a Sedo's sales page for teh domain, either under a category listing (where for a small fee, usually being aroynd 20 usd, each time a certain keyword is searched a name would appear at the top of the search results, or on the font page as a featured listing for around 70 usd).

Otherwise, depending on the strength of a name's keyword, it may be lost among thousands of results for a given search term.

Thanks

mani0307 · Oct 24, 2018

@Keith DeBoer what is BB average number of days which domain can sold.

Keith DeBoer · Oct 24, 2018

@ NameLancer Yes that is true of any large marketplace like Sedo or Afternic. There are thousands of names. But buyers come across our names when they search for a specific category or keyword and also by defining the characteristics of the type of name they are looking for.
Here's Sedo's search filter:

Keith DeBoer · Oct 24, 2018

@mani0307 That would be a good question to ask Andreia on the BB private channel.

Personally, I've sold dozens of names on BB and the amount of time - from publication to sale - has varied from 2 days to 1000 days. Taking into account all my personal sales the mean is 214 days and the avg is 323 days.

Patient is a virtue in domaining.

namelancer · Oct 24, 2018

@Keith DeBoer , Thanks for responding. While what you stated is true, I was more concerned with giving prominence to non-directional searches.

BrandCougar · Oct 25, 2018

BrandCougar said:
a) Will BB provide us 70% of the Sedo sale? (minus logo fee)

or

b) Will BB provide us 70% of the Sedo 85% proceeds? (minus logo fee) [Sedo charges 15% for a BIN sale]

A = 70%
B = 59.5% (70% of 85%)

I've sent an email to [email protected] asking for clarification.

Hi All,

I received the following response from Julia (BB Support) this morning, so thought I would share it with the group. (please see below)

-Cougar

------------------------------------

Julia's Response:

Thanks for reaching out. Everything will remain the same when selling names with us, including the commissions.
When you log into your account, you will see the breakdown of pricing : your take-home amount + the logo award (these two parts make up the first 70%) + BrandBucket's consignment fee (30%).

If you have any additional questions, please feel free to contact us.

Best,

Julia

------------------------------------

Jv1999 · Nov 2, 2018

I'M SO IMPRESSED BY BRANDBUCKET LOL.

Geez, I have no idea why they take so much slack from people! They're probably the most professional (one of the most professional) Domaining establishments!

So, after having pushed the domain to their escrow account, they emailed me the next day telling me I could request payout. And like... it was all automated!

I just clicked the payout, and suddenly like 10 seconds later, I got like 2k sent to me .

I mean, everywhere else, like *COUGH*AFTERNIC*COUGH*, you have to wait 7 to ___ days after the domain is transferred TO THE BUYER.

Epik's withdrawal is 5 days or something.

Undeveloped's withdrawal is next day! But it's manual...

This BB withdrawal and domain-pushing process was like... so seamless . Very professional and very courteous. They responded so fast to my emails... walked me through everything...

And I'm still surprised they just sent two grand automatically!

I wish i could just sell all my domains on BB my gawd. No stress!

Keith DeBoer · Nov 16, 2018

FYI on domains PREVIOUSLY published on BrandBucket

BB has recently clarified that domains that are removed from the marketplace and transferred to new owners need to be resubmitted through the standard review process in order to be republished on the site. In most cases these domains will be accepted, however, due to changing market trends, some domains could be rejected.

This also applies to domains that have been accepted but have not yet been not published on BB. If an accepted domain is acquired by a new owner, that new owner will need to resubmit that domain for review.

Please keep this in mind when acquiring domains with the intention of publishing them on BB.

Note: These points only apply to domains that change owners. Domains that are approved/accepted for a specific BB seller and/or which appear in that seller's BB dashboard as approved/accepted can be published at any time.

BrandCougar · Nov 16, 2018

>> Domains that are approved/accepted for a specific BB seller and/or which appear in that seller's BB dashboard as approved/accepted can be published at any time.

Hi @Keith DeBoer

How do you re-Published a domain to your account that was previously removed.

Please advise how to do perform that task while in your dashboard.

Thank you.

-Cougar

Recons.Com · Nov 17, 2018

Brandbucket is effectively telling everyone that we don't want your names anymore.

I added 8 quality names and all got rejected. Of course, I am not going to waste $1/name for clueless editors. I have sold tens of BB rejected names at BP and BR and at better % than BB approved ones.

Why was adding then? Well, just to diversify and also had previously bought credits to use.

They turned transferring names between sellers into manual process and tried to complicate it even to the level of seeing private communication until settling to emails.

Now they have moved to requiring to re-approve the names that had been approved before.

When marketplace starts implementing illogical and hurting decisions, it is the beginning of the death spiral.

I am done adding names there or buying BB names, once I close the ones I have agreed to already.

Jv1999 · Nov 17, 2018

Recons.Com said:
Brandbucket is effectively telling everyone that we don't want your names anymore.

I added 8 quality names and all got rejected. Of course, I am not going to waste $1/name for clueless editors. I have sold tens of BB rejected names at BP and BR and at better % than BB approved ones.

Why was adding then? Well, just to diversify and also had previously bought credits to use.

They turned transferring names between sellers into manual process and tried to complicate it even to the level of seeing private communication until settling to emails.

Now they have moved to requiring to re-approve the names that had been approved before.

When marketplace starts implementing illogical and hurting decisions, it is the beginning of the death spiral.

I am done adding names there or buying BB names, once I close the ones I have agreed to already.

I'm not really sure why they're discouraging the selling of names between bb sellers?

If someone spent $1 (you spend more htan that XD) to review a name. . . that means the name has received a PAID review. BB got paid for their time to review the domain, and if it was accepted... then that's it. It's premium.

If you sell your BB-certified premium domain to someone else. . . it's not like they're going to end the world lol. They're most likely going to publish it on BB. . . whereas some horde it in some custom marketplace because they don't agree with BB's commission.

But either way, the original BB seller could've gotten his names approved by BB, then NOT published them and put them on his own custom marketplace. . . I don't understand why him selling it to seller 2 makes a difference.

I guess BB has some kind of metrics that shows that they need to discourage selling names between BB sellers. . . I'm not sure.

Keith DeBoer · Nov 19, 2018

BrandCougar said:
>> Domains that are approved/accepted for a specific BB seller and/or which appear in that seller's BB dashboard as approved/accepted can be published at any time.

Hi @Keith DeBoer

How do you re-Published a domain to your account that was previously removed.

Please advise how to do perform that task while in your dashboard.

Thank you.

-Cougar

If you've given 30 days notice to unpublish a domain and remove it from the BB platform and at a later date you would like date republish then you'll need to contact the BB Help Desk: [email protected]

BrandCougar · Nov 19, 2018

This is the guidance I was looking for.

Thank you @Keith DeBoer !

Keith DeBoer · Nov 19, 2018

I've been asked a couple of times this week:

Can domainers submit domains they DO NOT own for review and appraisal?

The answer is YES!

You can submit un-registered domains, domains that coming up at auction etc. If they domain is accepted and you do not publish it, it has no effect on your good standing at BB.

To the best of my knowledge BB is the only brandable platform that has this feature.

Primary Names · Nov 24, 2018

Is there a way to see previously rejected domains that I submitted earlier ?

Keith DeBoer · Nov 25, 2018

Primary Names said:
Is there a way to see previously rejected domains that I submitted earlier ?

Yes, in your BB dashboard, all submitted domains are visible whether they are accepted or not

dncafe · Nov 27, 2018

It' been a couple years since I have used BB.

Can some users (not reps/employees) give me an overview on the current state of the site and how it is for small time sellers on there?

I decided to get off BB years ago because the quality control and types of names they began to allow saturated and diluted their whole marketplace.

From my understanding, there are 50,000+ domains listed there now?

How are "quality" domains supposed to get any kind of exposure?

Does BB give any kind of preferential treatment to certain users, or are all listings treated the same?

timestamp · Dec 1, 2018

It's been couple years for me also.
I sold 10 names here on NP years ago for 25/35/50 per name, and as of today, not a single one is sold.

Recently I submitted 2 names, they accepted them, and I regd them with namecheap coupons. I'm playing it as "$1 lottery ticket".
If they don't sell within a year, I'll sell them here on NP, and if they don't sell here I'll drop them.

karmaco · Dec 1, 2018

I have sold removed and accepted names without any issue. The staff was very helpful and courteous.

My main beef is the low prices assigned to names that should be priced higher and their unwillingness to let sellers have a say in their own pricing,

When GoDaddy gives me a higher value than BrandBucket I just take my names over to Undeveloped.

BB seems to cater to resellers thus the very low pricing model on many names. Any name priced under $2K is not worth the cost of doing business with BB. Let’s face it most of us could sell names under 2K on our own without giving someone else 30% plus $100.

Andreia Soares · Dec 4, 2018

karmaco said:
I have sold removed and accepted names without any issue. The staff was very helpful and courteous.

My main beef is the low prices assigned to names that should be priced higher and their unwillingness to let sellers have a say in their own pricing,

When GoDaddy gives me a higher value than BrandBucket I just take my names over to Undeveloped.

BB seems to cater to resellers thus the very low pricing model on many names. Any name priced under $2K is not worth the cost of doing business with BB. Let’s face it most of us could sell names under 2K on our own without giving someone else 30% plus $100.

Hi!

You can always appeal the price right after is it accepted or even email Seller Support if you want older names to be repriced. It is a case by case basis, but for the most part, they will adjust prices.

Hope this helps!
-A

Sperry8 · Dec 19, 2018

About two years ago I received an email from BB saying that one of my names (a LLLL.com) was priced too low. It had been on their service for ~3 years and hadn't sold so I was surprised to hear they wanted to increase the price (rather than lower it) . Anyway, they asked if they could increase the price ~75%. So I said sure.

Fast forward to a week ago (~2 years later) and the name sold at the higher price! I made more than I would have even including their 30% + $100 designer fee at the older original price (which I thought was fair at the time).

I am quite impressed with BB. Initially I submitted 19 names overall and got 7 names accepted/listed. This was 2014 and since then 3 have sold (one with the higher price as described above). That's quite a sales rate. Their CS is quick to respond usually and their payouts are quick.

Based on this I just submitted 15 new names to them. Hope they accept some of them so I can push more sales through BB.

Andreia Soares · Dec 19, 2018

Sperry8 said:
About two years ago I received an email from BB saying that one of my names (a LLLL.com) was priced too low. It had been on their service for ~3 years and hadn't sold so I was surprised to hear they wanted to increase the price (rather than lower it) . Anyway, they asked if they could increase the price ~75%. So I said sure.

Fast forward to a week ago (~2 years later) and the name sold at the higher price! I made more than I would have even including their 30% + $100 designer fee at the older original price (which I thought was fair at the time).

I am quite impressed with BB. Initially I submitted 19 names overall and got 7 names accepted/listed. This was 2014 and since then 3 have sold (one with the higher price as described above). That's quite a sales rate. Their CS is quick to respond usually and their payouts are quick.

Based on this I just submitted 15 new names to them. Hope they accept some of them so I can push more sales through BB.

Thank you for trusting in us for pricing! Congratulations on the sale

-Andreia
Manager of Marketplace Operations @ BrandBucket

Furquan · Dec 19, 2018

Sperry8 said:
About two years ago I received an email from BB saying that one of my names (a LLLL.com) was priced too low. It had been on their service for ~3 years and hadn't sold so I was surprised to hear they wanted to increase the price (rather than lower it) . Anyway, they asked if they could increase the price ~75%. So I said sure.

Fast forward to a week ago (~2 years later) and the name sold at the higher price! I made more than I would have even including their 30% + $100 designer fee at the older original price (which I thought was fair at the time).

I am quite impressed with BB. Initially I submitted 19 names overall and got 7 names accepted/listed. This was 2014 and since then 3 have sold (one with the higher price as described above). That's quite a sales rate. Their CS is quick to respond usually and their payouts are quick.

Based on this I just submitted 15 new names to them. Hope they accept some of them so I can push more sales through BB.

Congo on your sales, LLLL.com market has changed lots in the last 3 to 4 years. I found BB the best to judge the brandable price. it seems some of its competitors realized the price model and now following the path set by BB for the brandable price.

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