I raise the question: Has any one seller, besides managing directior @michaeljkrell who not receiving FREE listing fee's sold 18 or more domains in one year with BrandBucket?
Proportionate sales is crucial for steady, and healthy marketplace GROWTH. This is especially important to those outsiders who invest in exclusive marketplace listing fee's
ie: the 'pay to play' into and exclusive pyramid type listing fee / appraisal scheme that is hyped by insider sales and the promise of a hand reg dream.
No offence
@Grilled but you're off the charts lately especially in regards with the listing fee. I'm not a BB fan myself but I see no problem in paying a tenner to get listed (in fact I think the listing fee should be higher). BrandBucket (as well as BR and all other marketplaces) is a business entity and has all the rights in the world to charge you whatever they charge as long as the fees are clearly displayed and understood before you list your name.
It isn't your problem how they use the fee or what is it for, it isn't your problem how they spend (or not) the money. They never said the listing fee is for logo design, or listing description, it's just a damn fee that everyone should pay in order to get listed. BB spend five figures each month to advertise their business, this money don't grow on trees...if I was the BB managing director I would write on top of the submission page with large letters "The listing fee is paid for the privilege to list your crappy hand reg at silly prices in our marketplace" and that's exactly why you pay this fee...for the privilege to be listed. None of your business what % of this goes into logo design, or into marketing or content writing, etc...
I suspect your "perfect" marketplace would pay you to list your name, would sell 2 hand regs each day for each member at $5k each, would let you all access all the data in the world and hell they'll even throw 2 cinema tickets for anyone...well that's not going to happen...
Also in regards with the 30% commission ...while I agree this is a rip off I still have no problem with it as long as everyone knows this from start and accept it as long as people still submit domains to BB on a daily basis. You know the old saying "stupid isn't the seller who asks a silly price, is the buyer who pays that silly price".
My problem with BB is the lack of any data transparency (well they might have changed that a bit with the new dashboard)...Margot said in a previous post that everyone should re-evaluate and prune his portfolio, keep on building with quality names, blah, blah ... How on earth you supposed to do that if you have no data available? Sure easy for her to say since she has access to everything, but impossible for the average Joe who has no data (or very little) to work with.
The main problem which bothers me is the fact that some get preferential treatment and I'm talking about MK, employees, friends, relatives, ambassadors and all others rubbing shoulders with Margot.
"A smart man knows when to stop" - now I'm not saying that Krell isn't smart but he certainly doesn't know when to stop. I think it would be just fair if Margot would put a cap on the number of domains each "friend" has listed otherways in a couple of months time when they'll reach 50k names, Krell will probably have about 10k of them, Margot 5k and all other "friends" another 2-5k all together. That would make 20K out of 50k names owned by BB insiders which is disgusting imo . I think a max of 2-3k names per person would be more than enough even for the managing director...he can always "prune" his portfolio as Margot suggested.
and that would give everyone a small but fair chance to sell their names.