advice Accepted to Brandbucket - Does it add value?

[Kamloops]

I have two LLLL.com that have been accepted by Brandbucket , a CVCC recommended listing price: $7995 and a VCCV recommended listing price: $3195.

Is it worth paying the 10 dollars to have them listed there?

 

[cocaseco]

Nobody can answer that for you.. But these seem so liquid, I would think you could easily sell on your own and avoid the 30% commission.

 

[biggie]

names accepted to BB, have no added value to me

why? cuz anybody can start a marketplace and charge you to be listed

if you view titles of some sales threads here, you'll see stuff like "BB accepted with $,$$$ appraisal value", but they are auctioning the name starting at $1.

now how much cents, does that make?

imo.....

 

[DonDraper]

The story seems that so far BB approval is a 3x (minimum) ROI

 

[imadoer]

it makes no sense to me either however for cheaper names it gives them sort of a value people will pay 20+ just because they are accepted to bb

 

[cocaseco]

It's like buying a lottery ticket. You can buy a ticket in the Powerball drawing for $5, or you can buy a ticket in your brother bobs lottery for $1. The chances of winning in either are slim. But your chances are better with Powerball because thy have a lot of players, an advertising budget and a reputation.

 

[Recons.Com]

BB accepted adds value to Brandables.

You post a brandable here before approval, you'll probably get $5-20 offers, if any. If the name is BB accepted, it goes immediately to $30-60 range for any of those.

Now, for LLLL.com it might be different. First, chance of 4L getting admitted is much higher, second they are already liquid names and people will not pay much of a premium, because the name got admitted there.

 

[Kate]

Some domainers are giving it too much weight. Being accepted doesn't mean the name will sell. It just means you won the privilege of paying a fee to have it listed on their website

There was a time when domainers were submitting lists of unregistered domains to BB, then they would register and list those that were 'approved' (meeting their quality criteria).
LOL.

 

[Recons.Com]

I would disagree that they are giving too much weight.

It is pure math. If you hold brandable, your chance of sale in a given year is 1%, so for 100 names you'd sell 1. If you have 100 BB accepted, your chance of sale is 3% (both numbers are rough estimates), i.e. you sell 3. Average sell at BB is 2,000$, you get net around $1,400. Let's assume your sale is also similar. So you got an extra $2,800 per 100 names or $28 per name. That would be the value being in BB adds.

 

[BrandChimp]

Be careful, there's a lot of horrible names on BB. I have pulled out all my BB names from the marketplace because it make them look so bad.

Also, the 30% commission is way to high!

4L.com are extremely liquid at the moment and you will get some other great opportunities to sell them if they are pronounceable (really passes the radio test...)

 

[Keith DeBoer]

@Domainzy

 

[Dominic Belley]

I would definitely have them listed on BB if you are ok with the net amount a BB sale would give you.

You will be able to continue trying to get a wholesale price (even a bit higer) but you will also have the opportunity to sell it on BB to end-user that you would most likely never have found without them.

 

[Domainzy]

There is no one answer that is suitable for everyone... hence why Baskin Robins has 31 flavors.

That being said, each domain investor needs to consider if they are going to be a LTI or a STI? If you decide to do both, make sure to keep different bankrolls for LTI's and STI's.

Here is a link to my LTI portfolio of 4L's: BrandBucket.com/profile/4 <-- I created this portfolio with one thing in mind: my kids college fund. They are not born yet! I have a feeling that in 18 to 20 years, this will have proven to be a good LTI. I don't have to do any more work, I just sit back and let BB do the work!

Here is a link to my STI portfolio of 4L's: Flippa & NP I also sell on many other sites. I probably would have only a dozen 4L's right now if I only did LTI's. STI's are what brings in money daily. If you reinvest all or most the profits, then your investment snowball will grow faster and larger than you expect. However, it's a hustle! No way around it... You can't just sit back and do nothing and get multiple sales every single day.

In summary, I would say be realistic about which investment (LTI or STI) is more suitable to your lifestyle. Depending on your free time, job, career, and personality.

As far as: "does having a 4L listed on BB add value?" Personally I would say yes, if you watched my Domain Sherpa interview I talked about how I sold many 4L's that were accepted to BB for higher prices because they were 'accepted'. However, there were many people who bough domains from me on eBay, GoDaddy, eMail, or here on NP who didn't want to list the domain on BB. So again, 31 flavors. I priced them high because they were 'accepted', but they didn't buy them because they were listed on BB.

Final note: If you pay the $10 your leaving the realm of STI. Your agreeing to give BB a 30 day notice if you want to 'delist' the name. There is a big difference between a BB 'accepted' and 'listed' name.


LTI=Long Term Investment
STI=Short Term Investment
Bankroll=Money allocated for a particular business plan