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

 

[Ms Domainer]

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FWIW,

I asked BrandBucket about the possibility of listing your BB domain on your own site, and I was told that you can list your Brandbucket domain on your own site, IF you place a link directly to Brandbucket and don't mention the price on your page (once it sells, BB wants the price paid to disappear).

You still have to sell through BB, complete with commissions and logo payments, but listing it on your site gives it some more eyeballs.

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[SearchEngineZ]

What BB does (and rightfully needs to do) is to make sure that after doing their best to find a purchaser for your domain, and getting the logo and description on their site, that get their commission if the domain is sold. So consequently you can only list with them exclusively, and therefore it makes sense to point it to the BB sales page. If this causes you to miss out on significant revenue otherwise being generated by the domain - don't list it with BB.

 

[discobull]

What BB does (and rightfully needs to do) is to make sure that after doing their best to find a purchaser for your domain,

Ok, so what is it that they do when they're "doing their best to find a purchaser"?

 

[Ms Domainer]

Ok, so what is it that they do when they're "doing their best to find a purchaser"?

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To continue growing their website and traffic so that it becomes a known marketplace for brandable domains.

In the end, it's still your domain, so the marketing responsibility falls on you, the owner.

8^X

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[discobull]

Ok, I guess. But when I do the marketing I presently keep 100% of my sale so I'm not really sure why I'd be motivated to give BB a share of that revenue.

I guess I'm never going to understand how this makes sense. To each his own I suppose. Good luck with it,

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To continue growing their website and traffic so that it becomes a known marketplace for brandable domains.

In the end, it's still your domain, so the marketing responsibility falls on you, the owner.

8^X

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[SearchEngineZ]

I've sold a few with BB. One sold the same day it was listed, because they reached out to a potential purchaser.

Regarding the 30% commission, in each case BB has priced the domain at more than 50% above what I had it listed for at Sedo. And every broker takes commission, otherwise they wouldn't exist.

I think for a quality brandable name, with no history, no traffic/revenue, and no highly searched keywords in the name, BB is the best place to sell.

 

[12345]

Ok, I guess. But when I do the marketing I presently keep 100% of my sale so I'm not really sure why I'd be motivated to give BB a share of that revenue.

I guess I'm never going to understand how this makes sense. To each his own I suppose. Good luck with it,

If you can consistently sell domains on your own in the low $x,xxx to high $x,xxx, then, yes, you probably don't need BB.

 

[discobull]

If you can consistently sell domains on your own in the low $x,xxx to high $x,xxx, then, yes, you probably don't need BB.

My own marketing is my number one source of sales by a long shot which is why I'm reluctant to give that up just to have my domain listed on an aftermarket site. I'm also not going to do the selling work and then give someone else 30% of my sale. That being said, if people are finding that their domains sell faster or for more money on BB than they would otherwise, those are legitimate reasons to go with them. But I'd be curious to know how many people have found that to actually be the case.

 

[ibidu]

My own marketing is my number one source of sales by a long shot which is why I'm reluctant to give that up just to have my domain listed on an aftermarket site. I'm also not going to do the selling work and then give someone else 30% of my sale. That being said, if people are finding that their domains sell faster or for more money on BB than they would otherwise, those are legitimate reasons to go with them. But I'd be curious to know how many people have found that to actually be the case.

You are missing the point by miles! And I'm not going to point it out here as it would be detrimental to so many!

Btw, since the supply/demand ratio is something like 100/1 with BD's, this is only like a lottery ticket to many, so I wouldn't get too excited about it.

 

[discobull]

You are missing the point by miles! And I'm not going to point it out here as it would be detrimental to so many!

I feel really dumb for missing the secret point by entire miles, but I do understand your not wanting to compromise national security by telling me what it is. Please let's keep it that way. Shhhhhh...

 

[GiftedDomains]

I honestly don't get it. First they take a month to approve your domain. Then they want you to pay them 10 bucks to list it. Then they insist that you not list anywhere else. Then they want you to point your domain to their site so that you yourself will generate the leads that will sell your domain. Then, if the domain does get sold, they want a whopping 30% commission plus a minimum $100 fee for some crappy logo. Huh?

Why would anyone agree to these crazy terms? What am I missing?

First of all, its not true that most leads at BB come from direct visitors to your name (type-in traffic). Type-in traffic is almost non existent with most pure brandable names.
The leads at BB mosty come from visitors browsing their inventory and/or their network of entrepeneurs/startups/investors, etc.



Now to answer your question, i would have to ask you some questions first:

How do you market your pure brandable domain names? (lets assume you have a name like Reesio.com).
What do you do exactly? Who do you contact?

How much traffic do you have for your pure brandable names?

How much traffic do you have on your personal portfolio page as a whole?

How big is your network with entrepeneurs, startups and other potential buyers of pure brandable names?

Remember we are not talking about keyword domains, but only pure brandable (made-up) names.

Now if you would answer those questions in an honest way and compare the results with a site like BB, you would probably
come to the conclusion that even considering 30% commission + exclusivity + 10$ fee, your chances of making profit with
brandable names is higher there in the long run. With brandable names you need to be patient anyway (much more patient than
with keyword domains or other investment grade names such as LLLL.coms, etc.)

However i have to add that it seams like its now getting much more difficult for sellers, because of:

tremendous increase of number of submissions (and listings) on BB and increase of number of similar copycat sites in a very short period of time (few months), flooding the once more or less exclusive and small market.
In the past potential buyers had a manageable number of choices and there were just a few sites offering such names with a
reasonable number of domains to browse through and chose from. Therefore also your chances as a seller was higher.
At the same time the number of potential buyers did NOT increase at the same rate. Of course we have much more interest in such brandable names (because of demotion of keyword names, google updates, etc.), but nonetheless this development is not as fast and as vast as it happened to the supply.

Therefore we are witnessing an increasing imbalance of supply and demand in this 'special' domain market.

 

[pronamer]

I'm not happy I've been waiting nearly 3 weeks to get my names approved.

 

[wwwulff]

I'm not happy I've been waiting nearly 3 weeks to get my names approved.

Last time I waited 4 weeks - got 4 approved - hope one or two will sell

 

[Domainerr]

I think expanding the marketplace resulted in reduction of sales, recently a vast majority of domain names where accepted and as a result Domains are buried easily now the only way is to feature every Domain name for 60 days..

 

[DnEbook]

seems my previous comments was to see all names i submitted ......rejected, yet ten were approved over and namerific .....just saying the tide changes quickly in the brandables arena

 

[Doron Vermaat]

BrandBucket starts affiliate program at Commission Junction

I just read that BB started a affiliate program offering a referral fee of 15% of BrandBucket’s commission per sale. For those of us having names listed at BB this means we can now market our own domains for sale on our website. They have customizable widgets for that.

What do guys think? Will you sign up and promote BB?

More info http://www.brandbucket.com/blog/brandbucket-joins-commission-junction-affiliate-network/

 

[Honey Domains]

That is great. Should drive more traffic to our listings! It's a smart move for them to stay ahead of the competition too. I just checked Commission Junction and couldn't find them yet.

 

[Domainerr]

Yep! This is indeed a smart move there are lots of Domain names added recently as a result it becomes harder for brandbucket itself to market all of these Brandable Domain names, now we can hope a great improvement in Domain name sales!

 

[yandig]

That is great. Should drive more traffic to our listings! It's a smart move for them to stay ahead of the competition too. I just checked Commission Junction and couldn't find them yet.

They are under "Boxador" on CJ.

 

[mikeowoicho]

Well, it seems they do listen to the complains made on this thread.