BrandVenue
BrandVenue.comEstablished Member
- Impact
- 1,752
I have joined BB in the beginning of 2016. Started with only a less than 15 names just to give it a try. Within a couple months I sold one domain (May 2016 to be exact). After that sale I took BrandBucket seriously and listed 250+ names over the years, mostly hand registered domains. That was the time when BB acceptance rate was only around 20%. So I had to submit 100 domains to get 20 of them approved. Unlike now that was the time when submitting unregistered domains wasn't allowed.
For almost a year I had no sale so I sold some of my hand registered domains to other BB sellers here at Namepros. Mostly because I was not getting my 2nd sale, renewals were coming due, I wasn't sure what my next move would be if I didn't have another sale.
My 2nd sale came exactly 1 year after my first sale. After my 2nd sale I have been regularly selling one domain every month or two on BB. With each of these sale I came to realize the importance of quality over quantity. Because on BrandBucket I was only selling the names I bought from auctions. But my portfolio was filled with so many hand registered names. I wasn't so lucky to sell a single hand registered domain there.
For this reason I had changed my strategy. With the profits of each sale I bought domains from auctions. I sold off nearly all my hand registered domains from my BB portfolio to other BB sellers, kept only a few which I really like and filled my portfolio with domains bought from auctions.
Currently I have 138 domains and 70%-80% of those are domains bought for XX, XXX and XXXX figures from auctions. I have stopped hand registering domains long time ago.
Total sold : 8 domains
Total Revenue: $26K (average $3.2K)
Total Net proceeds: $18.3K (average $2.2K)
My dashboard says 3.82% sell through rate, with being top 13% of sellers.
I consider myself pretty successful on BB. But despite that I have decided to leave BB. Why?
Over my journey I have watched BB inventory grow from 20K+ domains to 50K+ domains. But quality of the names did not grow with the same pace. Nowadays BB accepts every kind of domains which would have never been accepted in 2015/16.
At first it was good to repeat last letter of a domain like Domainn , then they started to accept repeated letters anywhere on the word like
and 
.
Even though at this point I thought they wouldn't approve repeating first letter of a domain, but after seeing
it's clear that in upcoming days we will see more of this kind first letter repeated domains.
I knew BB only publish pronounceable 4 letter domains but
?
I thought removing one vowel like Tunnl (I've sold this one on BB) instead of Tunnel was good but removing 3 vowel?
And the last one which I saw today is
in the description it says - A clever spelling of "outsourced". The domain is Out/Soursd, S not C. if it was OutSourcd I'd understand why BB accepted it - they removed the last vowel of correct spelling OutSourced but why would they accept or publish a domain like Out/Soursd?
After seeing this name I have said myself enough is enough. I can't have my domains, most of which were bought from auctions for substantial amount of money compete with these kind of names. One thing is clear BB is ignoring quality issue, they now believe in quantity over quality which is against my point of view. So I've decided to leave BrandBucket.
When they were getting good number of sales they would highlight that in their newsletters, but they've stopped publishing any kind of sale related info which suggests their sale rate also dropping.
I did not have any intention to go against any other BB sellers (especially those whose domains I've mentioned here). I only blame BB for their decision to move to quantity over quality strategy. I am not saying these domains I've mentioned here won't sell, they might sell. But BB has proved that we may see more unpronounceable 4 letter domains (even CHIPS too) in future, we may see more first letter repeated domains in future, we may also see more domains like in future.
All these suggests BB inventory will grow rapidly in the future and my small portfolio of domains will be like a small water drop of a ocean, chances of selling a name there through buyer using search option doesn't look bright anymore.
I've sent them 30 days notice to remove my names. It's been a good journey.
For almost a year I had no sale so I sold some of my hand registered domains to other BB sellers here at Namepros. Mostly because I was not getting my 2nd sale, renewals were coming due, I wasn't sure what my next move would be if I didn't have another sale.
My 2nd sale came exactly 1 year after my first sale. After my 2nd sale I have been regularly selling one domain every month or two on BB. With each of these sale I came to realize the importance of quality over quantity. Because on BrandBucket I was only selling the names I bought from auctions. But my portfolio was filled with so many hand registered names. I wasn't so lucky to sell a single hand registered domain there.
For this reason I had changed my strategy. With the profits of each sale I bought domains from auctions. I sold off nearly all my hand registered domains from my BB portfolio to other BB sellers, kept only a few which I really like and filled my portfolio with domains bought from auctions.
Currently I have 138 domains and 70%-80% of those are domains bought for XX, XXX and XXXX figures from auctions. I have stopped hand registering domains long time ago.
Total sold : 8 domains
Total Revenue: $26K (average $3.2K)
Total Net proceeds: $18.3K (average $2.2K)
My dashboard says 3.82% sell through rate, with being top 13% of sellers.
I consider myself pretty successful on BB. But despite that I have decided to leave BB. Why?
Over my journey I have watched BB inventory grow from 20K+ domains to 50K+ domains. But quality of the names did not grow with the same pace. Nowadays BB accepts every kind of domains which would have never been accepted in 2015/16.
At first it was good to repeat last letter of a domain like Domainn , then they started to accept repeated letters anywhere on the word like
and . Even though at this point I thought they wouldn't approve repeating first letter of a domain, but after seeing
it's clear that in upcoming days we will see more of this kind first letter repeated domains.I knew BB only publish pronounceable 4 letter domains but
?I thought removing one vowel like Tunnl (I've sold this one on BB) instead of Tunnel was good but removing 3 vowel?
And the last one which I saw today is
in the description it says - A clever spelling of "outsourced". The domain is Out/Soursd, S not C. if it was OutSourcd I'd understand why BB accepted it - they removed the last vowel of correct spelling OutSourced but why would they accept or publish a domain like Out/Soursd?
After seeing this name I have said myself enough is enough. I can't have my domains, most of which were bought from auctions for substantial amount of money compete with these kind of names. One thing is clear BB is ignoring quality issue, they now believe in quantity over quality which is against my point of view. So I've decided to leave BrandBucket.
When they were getting good number of sales they would highlight that in their newsletters, but they've stopped publishing any kind of sale related info which suggests their sale rate also dropping.
I did not have any intention to go against any other BB sellers (especially those whose domains I've mentioned here). I only blame BB for their decision to move to quantity over quality strategy. I am not saying these domains I've mentioned here won't sell, they might sell. But BB has proved that we may see more unpronounceable 4 letter domains (even CHIPS too) in future, we may see more first letter repeated domains in future, we may also see more domains like
in future. All these suggests BB inventory will grow rapidly in the future and my small portfolio of domains will be like a small water drop of a ocean, chances of selling a name there through buyer using search option doesn't look bright anymore.
I've sent them 30 days notice to remove my names. It's been a good journey.
