First off let me say that this is directed at Domainers in the form of advice. Take the information how ever you would like.
I see many of you get excited when BrandBucket and other brandable sites accepts your names. I'll see one domainer say that they got 9 out 13 accepted or 13 out of 18 accepted or 8 out of 10 accepted and think to myself when BB used to only accept only a very few amount of names. Yes there was a day when BB only accepted a few names. Some of you would say that I submitted 30 names but only got 2 accepted and so on. Those days have changed and I am here to give the reason why I think it has changed.
Below is the link to the tweet report for BB_Domains which is the dedicated twitter feed for every single name that goes live on BB. Each individual tweet equals one new domain going live.
http://www.tweetstats.com/graphs/BB_Domains
In October 2014 there were 734 domains that went live, In November 2014 there were 713 domains that went live, and in December of 2014 there were 1002 domains that went live. This month is on track to do very similar numbers also. Just for the record this amount of names in the past 3 months is more than they had live for the past 5 years.
The last 3 months equals 2,449 domains going live in the BB system. 2,449 domains at $10 per domain equates to $24,490 worth of submission fees. Which is an average of $8,164 each month that you as domainers is giving this company.
You may say who cares, but is this the new business model for this company. Are they accepting more and more names because it helps in a big way to pay the bills? $8,000 a month may not seem like a lot but it is when you have a business that has overhead and an extra $100,000 a year goes a long way.
Like I said before this info is to look out for you as Domainers in the Domaining community. It is your choice what you do and how you do it but I like analyzing the numbers because numbers make sense and paint the whole picture.
The question is are you throwing your money away to any company that makes you pay a submission fee to be listed on their site. Are they accepting your names and making you believe that you have great names just so you can continue to pay them 10 bucks per submission.
I would seriously look at the names you are submitting and ask yourself are the names really that good. Is it possible that my submission fees are part of the new "Domainers are paying the bills" business model.
Remember, just because your name gets approved and listed doesn't mean they will ever sell.
I see many of you get excited when BrandBucket and other brandable sites accepts your names. I'll see one domainer say that they got 9 out 13 accepted or 13 out of 18 accepted or 8 out of 10 accepted and think to myself when BB used to only accept only a very few amount of names. Yes there was a day when BB only accepted a few names. Some of you would say that I submitted 30 names but only got 2 accepted and so on. Those days have changed and I am here to give the reason why I think it has changed.
Below is the link to the tweet report for BB_Domains which is the dedicated twitter feed for every single name that goes live on BB. Each individual tweet equals one new domain going live.
http://www.tweetstats.com/graphs/BB_Domains
In October 2014 there were 734 domains that went live, In November 2014 there were 713 domains that went live, and in December of 2014 there were 1002 domains that went live. This month is on track to do very similar numbers also. Just for the record this amount of names in the past 3 months is more than they had live for the past 5 years.
The last 3 months equals 2,449 domains going live in the BB system. 2,449 domains at $10 per domain equates to $24,490 worth of submission fees. Which is an average of $8,164 each month that you as domainers is giving this company.
You may say who cares, but is this the new business model for this company. Are they accepting more and more names because it helps in a big way to pay the bills? $8,000 a month may not seem like a lot but it is when you have a business that has overhead and an extra $100,000 a year goes a long way.
Like I said before this info is to look out for you as Domainers in the Domaining community. It is your choice what you do and how you do it but I like analyzing the numbers because numbers make sense and paint the whole picture.
The question is are you throwing your money away to any company that makes you pay a submission fee to be listed on their site. Are they accepting your names and making you believe that you have great names just so you can continue to pay them 10 bucks per submission.
I would seriously look at the names you are submitting and ask yourself are the names really that good. Is it possible that my submission fees are part of the new "Domainers are paying the bills" business model.
Remember, just because your name gets approved and listed doesn't mean they will ever sell.
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