BrandBucket Experience

[xtremex]

hello

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

I wish to experience about brandbucket from my fellow members


Thanks

 

[Doron Vermaat]

I received the same email.

 

[Zoltan P.]

Great, I just paid for 10+ names?!

 

[matthewdale]

What commission did they ask for? How long did it take to sell? I've got about 30 names I think they would except but hate to pay $10 a piece to list them if their going to sit forever. If I list 30 names with them could I realistically expect to sell one a month?

Thanks!

 

[Dimitris]

30% is the commision, "auto"-paid when you sell.

You can't realistically expect to sell one a month. It depends on the names and the demand for them (new businesses, trending topics - keywords etc). You may sell many in one month because startup incubators or individuals have chosen to build a portfolio of brand names; or none for months. If you feel confident with all your names, go for it. Also, have your friends to tell you what they think about your names. I'd pay to list all my names, because a name that you rate 5 out 10, someone else may rate it 10 out 10, and since with BB you get large exposure to people with different taste, you have nothing to lose.

 

[Dimitris]

They must have a super large queue of paid listings to be published. I paid for listing 4 names about 15 days ago and none has been published.

 

[gt88hel]

They said they can verify my ownership of the domain by forwarding my domains to the BrandBucket sales page.But it don't works!!!!I have forwarded it succefully and ask them to check.However,BrandBucket still do nothing.

 

[margotb]

As a BB logo designer, I can confirm there are not backups in logo design.

Available logos are actually taken by designers very very quickly when they are available. 0 in the queue as we speak.

There are actually multiple stages of review when your names enter the Pending status. We double check the price that was suggested to you at the time your submission was accepted, we have a team of editors writing descriptions and categorizing, we review the editors' work, and only THEN does a domain go into the queue for logo design.

There will most likely be a traffic jam at one point or another, especially when we churn through a large backlog of submissions at one time. We are constantly fine-tuning the process and bringing on additional help as we need it. If you keep an eye on names being published (RSS or Twitter @bb_domains), you'll see that there's a constant flow. We appreciate your patience!

 

[hookbox]

Sorry Margot but that makes no sense. As soon as any name is accepted by Brand Bucket it should automatically be ready for each stage of the process no matter what stage it is. If the editors are ready then they write up the description. If the logo designer is ready then they do the logo. If the description and logo are being done simultaneously then so be it. Why wait it just wastes time.

I have analyzed every aspect of the brandable business for years and there is no reason for any part of the process to wait on another part of the process. It causes backlogs for no reason.

 

[discobull]

Just got an email stating that whatever names are in my Brand Bucket account that have been accepted but I have not paid the listing fee for are now free to list for today only. Not sure if it's for everyone but check your emails just in case.

They got around to emailing me this memorial day special, YESTERDAY. lol Couldn't get a response to the question of whether they would honor it. Oh well...

 

[Doron Vermaat]

It is a bit disappointing that when one problem (the long waiting time for accepting new submitted domains) has been solved another one arises. Accepted domains that are submitted for listing (meaning: paid for, description given en domain forwarded to BB) now take around 3 weeks before being reviewed and pushed to the logo design queue.

 

[Ms Domainer]

*

I just sold a domain on BB which has just completed successfully, but I do have a suggestion regarding transfer of domains.

I'm wondering if transfers would go smoother if BB created "transfer" accounts for the major registrars for transfer into by the seller. That way, BB could just push the domain from BB's transfer account to the buyer's account at the same registrar.

I had a scary moment when I realized that I had just transferred my sold domain to someone with a private registration.

My transfer went smoothly enough, but there was a thud-in-my-stomach moment when I wondered if the buyer might not verify the transfer.

BB may have another way of verifying transfers, so it may not be a problem -- it turned out not to be a problem for me, but it's just a thought -- just in case the buyer is, let's say, a bit ethically challenged.

*

 

[Doron Vermaat]

*

I just sold a domain on BB which has just completed successfully, but I do have a suggestion regarding transfer of domains.

I'm wondering if transfers would go smoother if BB created "transfer" accounts for the major registrars for transfer into by the seller. That way, BB could just push the domain from BB's transfer account to the buyer's account at the same registrar.

I had a scary moment when I realized that I had just transferred my sold domain to someone with a private registration.

My transfer went smoothly enough, but there was a thud-in-my-stomach moment when I wondered if the buyer might not verify the transfer.

BB may have another way of verifying transfers, so it may not be a problem -- it turned out not to be a problem for me, but it's just a thought -- just in case the buyer is, let's say, a bit ethically challenged.

*

Congrats on the sale. In the case the buyer uses Godaddy, BB always uses their own GD account for you to push the domain to.

 

[equity78]

*

I just sold a domain on BB which has just completed successfully, but I do have a suggestion regarding transfer of domains.

I'm wondering if transfers would go smoother if BB created "transfer" accounts for the major registrars for transfer into by the seller. That way, BB could just push the domain from BB's transfer account to the buyer's account at the same registrar.

I had a scary moment when I realized that I had just transferred my sold domain to someone with a private registration.

My transfer went smoothly enough, but there was a thud-in-my-stomach moment when I wondered if the buyer might not verify the transfer.

BB may have another way of verifying transfers, so it may not be a problem -- it turned out not to be a problem for me, but it's just a thought -- just in case the buyer is, let's say, a bit ethically challenged.

*

Congrats, I agree Jennifer open accounts and take the domain, they might not want to from a legal standpoint. I am not sure what happens if a name sells on BrandBucket and later they find out it was stolen or something like that.

 

[YaaDoo]

I had received an email about a free memorial day listing, has anyone else received this? But when I log on to my account it still charges me for listing fee. Bait and switch?

 

[Ms Domainer]

Congrats, I agree Jennifer open accounts and take the domain, they might not want to from a legal standpoint. I am not sure what happens if a name sells on BrandBucket and later they find out it was stolen or something like that.

*

Sedo does this, but doesn't always use the transfer account. I think one has to ask.

*

 

[equity78]

*

Sedo does this, but doesn't always use the transfer account. I think one has to ask.

*

Oh yeah I know Sedo does this, much larger organization, just wondering if that is why Brand Bucket who is essentially Margot and her husband don't want to take on any added potential liability.

 

[Ms Domainer]

*

I was wondering: could BB bring back the search feature? It's kind of difficult to hone in on a search, such as filtering for 3, 4, 5, 6, and 7 letters. Also, some domains have actual words in them, so it would be nice to be able to plug in a keyword (Most brandables don't fall under this, of course). Also, a buyer might want to search via an alphabet index.

I'm thinking that names get lost in the 3,000 plus inventory.

Are potential buyers really willing to browse such a large inventory? Perhaps they are, but I don't think I would want to.

Just a thought.

*

 

[equity78]

*

I was wondering: could BB bring back the search feature? It's kind of difficult to hone in on a search, such as filtering for 3, 4, 5, 6, and 7 letters. Also, some domains have actual words in them, so it would be nice to be able to plug in a keyword (Most brandables don't fall under this, of course). Also, a buyer might want to search via an alphabet index.

I'm thinking that names get lost in the 3,000 plus inventory.

Are potential buyers really willing to browse such a large inventory? Perhaps they are, but I don't think I would want to.

Just a thought.

*

I agree and I thank Margot for replying here, I emailed her and asked her if she could address the no logos in the queue. I think she is thinking about adding the search feature back. You are right people are not going to go through a ton of pages to find a name, now no search increases the desire to be seen and pay for a featured listing.

 

[Ms Domainer]

I agree and I thank Margot for replying here, I emailed her and asked her if she could address the no logos in the queue. I think she is thinking about adding the search feature back. You are right people are not going to go through a ton of pages to find a name, now no search increases the desire to be seen and pay for a featured listing.

*

I, for one, am not going to pay for a featured listing; the 30% commission and logo fee (which I totally get) are quite high as it is, so it's difficult to justify another cost. This is NOT a complaint -- I accepted terms, etc. -- this is just an observation and decision on my part. I'm happy with my sale, and I thank Brandbucket for facilitating it in a professional manner.

(NOTE: my sold domain was not a paid feature listing.)

I think domains should stand on their own merit because that is what's best for customers.

Granted, "merit" for brandables can be debated all day long, and sometimes customers might not always know exactly what they want, but I suspect that many of them might have perimeters in mind, such as length, keyword, and/or beginning letter.

*

 

[margotb]

Sorry Margot but that makes no sense. As soon as any name is accepted by Brand Bucket it should automatically be ready for each stage of the process no matter what stage it is. If the editors are ready then they write up the description. If the logo designer is ready then they do the logo. If the description and logo are being done simultaneously then so be it. Why wait it just wastes time.

I have analyzed every aspect of the brandable business for years and there is no reason for any part of the process to wait on another part of the process. It causes backlogs for no reason.

I appreciate your insights, but we've found that spending effort on a proper domain description (by training our writers in a very specific way) helps the logo designers make a better logo. We already send back about 10% of logo designs to be tweaked/redone if they don't match the style and tone of the name, and this number would be much higher if we allowed the names to pass through directly to the designers with no insight into what makes the name special (and without keywords and possible uses to get their creative juices flowing.)

Across the board our designers very much appreciate all the guidance we can give them, since it speeds up their brainstorming and production time. Keep in mind that these designers are essentially working for no upfront pay, only for the promise of a future sale, and burnout on this type of work is not uncommon. We hear from them that one of the most rewarding parts of working for a site like BrandBucket is the creative freedom (no endless requests for revisions from a picky client) and the flexibility to expand their skills, try new typefaces, etc. If we were forced to send back more logos for revisions because we didn't give some indication of what we were looking for upfront, some of that creative freedom is lost.

Of course this the logic for our business, and how we've found things work best for us over the past 7 years. Everyone is entitled to their own opinion...we are listening and refining our process all the time to eliminate "roadblocks".