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xtremex

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hello

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

I wish to experience about brandbucket from my fellow members


Thanks :)
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
AfternicAfternic
Happy to report that I have made 4 sales in the past 4 months with only 100 published names.

BB has been a life changing experience for me.

ps...I am a domainer newbie....so if I can achieve these results so can anyone else.
Can you please tell us if being in the slack channel helped you? Because it seems to be that way sir.
 
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Happy to report that I have made 4 sales in the past 4 months with only 100 published names.

BB has been a life changing experience for me.

ps...I am a domainer newbie....so if I can achieve these results so can anyone else.
Maybe you should tell them that they should apply for 'BB family' badge to have these results. It's like in Rusia, where just 5% of the people are getting rich, because they are in the big soviet family. It's cheap for BB to push some of family member domains on the front page...they get free advertising for life(without paying).
 
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Being in the slack channel has helped me a lot.

Slack has enabled me to converse with like minded people, share ideas, pass on tips etc.
 
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As far as I know, anyone who has one published name can join the slack channel. If that isn't the case, please correct me if I'm wrong.

I'm not sure why the slack channel is becoming another source for conspiracy about favoring certain members. It's just a place where sellers can discuss BB. I think BB's staff should be 100% transparent about what they're getting and discuss the search algorithm and the findings people are seeing, but as far as I know- no regular seller is getting preferential treatment. I certainly am not.

I'd like to also make clear that I'm not the one who reported this thread to NP. I'm fine with everyone speaking their mind whether it's positive or negative. However, making accusations about sellers who have done nothing wrong and trying to make it seem like they're shady or getting benefits because they're "BB defenders" or "in cahoots with BB" is something that I think people should think about twice.
 
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I stopped adding domains to my BrandBucket portfolio months ago (and recently sold off part of my BB portfolio here at NP). Not because of disappointing results (my dashboard indicates a sell through of 6.22% and average sales price of $3,047 for the past 12 months, top 3% of sellers), but because I'm disappointed by the unreliability and unpredictability of their management team.

I invested a lot of time and money into building up my BrandBucket portfolio and followed all of their rules. Then suddenly they decided to give every seller a character score, penalizing actions they never warned against before implementing this "new" set of rules. So even though I never broke any explicitly stated rules at BB, I suddenly had a restricted account in bad standing (in my case, mainly because I removed accepted names that I felt were underpriced by BB, and BB were not wiling to increase suggested prices, so I never proceeded to list them - something they never had any problem with prior to instituting their seller score system). I’ve contacted BB about this, and they have reiterated that my account should be in bad standing, as per their parameters for judging this. I know there are many sellers who never broke any of BrandBucket's rules, who now have accounts in bad standing, because they did something that BB later decided was not okay (retroactively changing the consequences of something they never had any problems with initially...).

A lot of sellers, including myself, spent a lot of time and money on building up a BB portfolio, finding domains to list at BrandBucket, paying $10 listing fee’s, industry-high 30% commission on sales + $100-$500 logo fee’s, and paypal payout fee’s after that, all while following their rules. But despite all the $ I and other regular sellers sent to BB, they suddenly decided to put a lot of good sellers accounts into bad standing, in an attempt to fix many of their own unwise decisions, such as permitting the BB reseller market, and the negative consequences that brought about. Yet, their actions to remedy all the structural bias favoring their inner circle have been minimal in comparison (and they have not done anything to "penalize" past misuses of the system by management). This clearly revealed their priorities, along with their willingness to throw their rule-abiding, listing-fee-paying sellers under the bus in an attempt to fix their own bad business decisions, while fully protecting their own interests, rather than properly owing up to their own mistakes, and treating their sellers (who are also their paying customers) fairly. Seeing this unfold has been really disappointing as a seller. As a result of these developments, I don't see BrandBucket as a dependable partner for the future, that will look out of my interests as a seller (or even treat me fairly), but will instead keep pursuing what is best for themselves, even if at times it is directly at odds with the interest of their regular sellers (who are paying customers who helped build up their business, and who make up the majority of their inventory).

I hope everyone who is still building up their BB portfolio will see great results from their investment, but also advice against focusing your entire domaining strategy towards only building up a BB portfolio. Marketplace-wide sales/results at BB are in large part subject to the decisions of their management team, and there is a lot of uncertainty surrounding where the platform is headed, how they might arrange their search algorithm (as the heated, now deleted, discussion about that in this thread showed), what kinds of rules or restrictions might suddenly be imposed on sellers, etc. One year ago, I never would have expected BB to deem my account in “bad standing” today, and one year ago, I would never have expected BB to have 40,000 or 50,000 names today (it appears they no longer display this number?). Similarly, I have no idea where they will be one year from now, in early 2018, so it's hard to make sound long term domain investing plans amidst so much uncertainty, and for that reason I am now focusing on the more stable and predicable model of just selling names through the good old free-to-list marketplaces (e.g. Afternic) instead.
 
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@Arca Totally agree about the bad standing issue. Making it work retroactively was a bad move by BB, IMO, for sure. Hopefully BB will fix it and also clear the uncertainty regarding the things you mentioned moving forward. I think building trust with sellers is super important. As a client, I feel BB does do quite a lot of things right and they do have good customer support, but as far as transparency and making sellers feel secure about their investment... things could definitely use an improvement.
 
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@Dnbolt @Arca

Before one hour or so , BB updated the seller dashboard if You havent noticed yet. They show the marketplace domains and the number of domains published last week :)
At least as sellers we get to see these stats now.
 
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@Dnbolt @Arca

Before one hour or so , BB updated the seller dashboard if You havent noticed yet. They show the marketplace domains and the number of domains published last week :)
At least as sellers we get to see these stats now.

@hookbox just saw your message will pm you. Lol, looks like bb is getting lots of ideas from me:

1. first they came up sellers stats which I started (now discountiuned)
2. Then they came up with published domains which I did
3. For number of domains in market done same time ( don't get why it was removed from homepage)

Lets see if they will publish removed domains and sold domains (hoping they do this (will save me))

One could say I helped improved bb. Yes?
 
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@hookbox just saw your message will pm you. Lol, looks like bb is getting lots of ideas from me:

1. first they came up sellers stats which I started (now discountiuned)
2. Then they came up with published domains which I did
3. For number of domains in market done same time ( don't get why it was removed from homepage)

Lets see if they will publish removed domains and sold domains (hoping they do this (will save me))

One could say I helped improved bb. Yes?

Yes.
 
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@hookbox just saw your message will pm you. Lol, looks like bb is getting lots of ideas from me:

1. first they came up sellers stats which I started (now discountiuned)
2. Then they came up with published domains which I did
3. For number of domains in market done same time ( don't get why it was removed from homepage)

Lets see if they will publish removed domains and sold domains (hoping they do this (will save me))

One could say I helped improved bb. Yes?
I actually suggested on Slack that they add names that sold to the dashboard if they dont want that data to be available publicly.

Another interesting and very positive thing is that now once a buyer hits BB homepage , a pop up asks if he or she would like suggestions and then post a name request where all sellers get notifications and each submit 5 names only. This is good for two things :

1 : The chances of many sellers, some never had a sale making a sale would increase as the buyer would most probably find name or names he likes in the submission.

2: This gives open and equal field to all sellers to submit their names, and here, the first five names submitted are on the top then you click on the request and all names show. No bias in terms of search results here as each person can submit and only those who make to top 5 can hope something but that would not matter too..you know why? Cause they added or shall I say changed a feature which Name My Company( NMC) had already, which is upvoting but this time with a nice twist. This time, only the name requestor can vote the for the name from 1 to 5 stars. So you might submit a name in a crowd of 180+ names already submitted but if the requestor sees it and likes it, boom...suddenly your name is top of the list.

I dont only post negative things about BB but I am a man who always gives credit where it is due and these changes would certainly make something happen.
 
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Has anyone saved the BB sales for the last year(s) that user Dnbolt has been publishing? I would like to examine them again very much (strictly privately of course). But I have not saved them myself unfortunately.
 
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Looks like BB has reduced the maximum number of submissions on NameMyCompany to 2 entries per individual.

I think this is a wise decision as it makes people enter with their best 2 entries rather than 'spray and pray.'
 
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How many sellers are there on BB?
 
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I think they suck, i have submitted my 4L.com domains and they rejected them saying they dont meet their requirements etc, blah blah blah
 
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How many sellers are there on BB?
I *think* the number is greater than 10,000, but I cant remember where that came from. It might have been mentioned somewhere, or perhaps in some correspondence I had with them. It's a very hazy recollection, so I don't want to assign certainty to my claim. But I do know they have a boatload of sellers with less than 10 names.
 
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some others have done the same exercise on NamePros for other Keywords (I didnt like their language though demonstrating the facts)
I'm guessing that was me, and I'm taking that criticism of my language on board. The only thing I will say in my defense was that I knew about many of the things that were happening behind the curtains at the time. Some of those things are still not widely known outside the insiders group.
how they might arrange their search algorithm (as the heated, now deleted, discussion about that in this thread showed)
FWIW I did quite a lot of analysis on their results to try to figure out some of the basic parameters they were using. Suffice it to say I wasn't a fan of what I found. I haven't been following this thread so I missed the discussion you refer to, but it sounds interesting none the less that others are complaining about the search "algo".
 
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Actually I don't understand how they BB appraise the domains, I have only high quality domains (premium names) on BB and looking for the 1st sale on BB.
 
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With sellers experiencing huge name rejections recently, it would be interesting to know how much have sellers wasted their $ in BB's Growth Program or if at all the Growth Program is useful to them.
 
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With sellers experiencing huge name rejections recently, it would be interesting to know how much have sellers wasted their $ in BB's Growth Program or if at all the Growth Program is useful to them.
With all the rejections the growth program has saved me several thousand dollars to be precise. I now submit first, wait for the review and then buy the domain. Previously I used to buy first, then submit.

The GP is a now brainer.
 
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the growth program has saved me several thousand dollars
Excellent. How many domains have you added and how many domains got rejected since you shifted to the Growth Program?
 
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