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

 

[xull]

I see there a lot of improvement in domain revision process. My domain which had been submitted on late April is already processed. Good job @brandbucket !

 

[PowerDN]

This may not be new, but I only found it now by accident:

https://www.brandbucket.com/profiles/

Thanks, didn't know it before.

 

[trelgor]

Thanks, didn't know it before.

Browsing profiles a bit. Lord Kenneth Silvosa (nice title!) seems to be on par with (Baron) Michael Krell. In under a year. Checking the names I found one listed both under his profile and boxadors. I*n*v*o*c*a*d*o. Fishy?

 

[hookbox]

Browsing profiles a bit. Lord Kenneth Silvosa (nice title!) seems to be on par with (Baron) Michael Krell. In under a year. Checking the names I found one listed both under his profile and boxadors. I*n*v*o*c*a*d*o. Fishy?

That's how many names he's done logos for. Those aren't his names.

 

[Doron Vermaat]

Finally we have some results. Doron from DNGeek.com compiled a list of a lot of the names that have sold lately on BrandBucket.

Thank you Doron.

http://dngeek.com/2015/05/here-are-1134-names-that-sold-on-brandbucket/

You are welcome Glad you like it and I hope anyone interested will benefit from gaining some insights.

 

[Keith DeBoer]

I want to thank everyone for their recent posts and for taking the time to share useful information that will help other sellers be more successful and for keeping the tone of this thread uplifting and enjoyable.

For anyone wondering about BBs thinking on posting sales, here is the relevant section from Margo's Fall 2014 interview on Domain Sherpa. I you have questions, comments or suggestions in this regard I'd suggest members send an email directly to BB. Cheers!
************************

Michael: Okay. Wow, so for a domain name that is selling for 75 thousand dollars, that could be a nice chunk of change. I also saw on Raymond Hackney’s website that in the past you had shared information about, at that time, the 680 domain name sales that had sold. Names ending in ZO, 18 names ending in LY, 17 names ending in IO, all the way down to S was the most popular domain name letter to start. And that was actually Raymond doing all the analysis from the domains that were listed. I do not see any information on your website about domain names that have sold since that point. Do you offer that information so people can make their own analysis?

Margot: At the time we never actually published sale-by-sale what was happening, so the information that Raymond saw and that everyone else saw was just names that would go to the end of our list. So, if you went to the last page, you would see things with sold tags on them, and that could give people a pretty good idea of what was selling, but we still had a lot of people who would buy and ask us to remove their name immediately. But I would say what Raymond did was pretty accurate. Like not everyone asked for it to be removed immediately. We do get most people asking for it to be removed at some point or another because our search engine page is conflicting with their new company.

Michael: Right.

Margot: So, we made the decision just based on the buyer and just to build more trust, which we think has worked, to not show any sold names anymore on the site. It gets sold. It disappears. It is removed from the cache. It is removed from everywhere. And because of that, people are kind of speculating on what is selling. There is less visibility than before, but we are still toying with how to kind of give back that pseudo-confidence that people used to get seeing sold names.
**********************
Michael: Are you on pace to hit one million in 2014?

Margot: Yeah, we are. We actually are on pace to exceed last year.

Michael: Awesome. What number are you going to hit for 2014 do you anticipate?

Margot: Oh, I cannot say that, but a lot can happen in the last three months. We are above last year, and I would say if we stay on track, we will hit the million sometime in November rather than sometime in December like we did last year.

 

[Doron Vermaat]

It gets sold. It disappears. It is removed from the cache. It is removed from everywhere.

This is incorrect as each and every domain sold at BB remains published on the site and a large number of sold domains are easily searchable via Google as I showed in my post.

 

[trelgor]

That's how many names he's done logos for. Those aren't his names.

Thanks!

 

[AndrewRice]

@Brandworthy

1.) I've been a seller with BB for over 5 years.

2.) I had a smaller portfolio for most of those years but started amping up my portfolio recently.

3.) Since most of my portfolio has been listed recently it's still too early to look at the data. I can tell you i've sold a few names recently and I think that sales will be strong. I will likely share more information as it comes in.

4.) BrandBucket sells brand names much better than my site. I'm also about 99% sure they sell brand names better than the other marketplaces.

 

[AndrewRice]

@trelgor

I like the Ambassador program pretty well. The people running BrandBucket and the other Ambassadors are all very competent and smart individuals. They have been working hard to address any bottlenecks in the submission process and we are starting to see the results of that effort. It is a very entrepreneurial and open environment and a strong meritocracy. For these reasons i've really enjoyed working with them.

As I mentioned earlier, I had a portfolio of domain names on BrandBucket but I had a large number of brand names on my site Brandiogo.com. BrandBucket felt that my brand names were good enough to be listed on their site and they invited me to be a Brand Ambassador.

 

[cocaseco]

What about the logo fees? Does anyone have any empirical results that link quality ($ spent) to a quicker sale? What value do most people use? I usually am at $100 for suggested prices between X and Y, then $200 between Y and Z, etc. But I have no real data to support that plan.

 

[hookbox]

@trelgor

I like the Ambassador program pretty well. The people running BrandBucket and the other Ambassadors are all very competent and smart individuals. They have been working hard to address any bottlenecks in the submission process and we are starting to see the results of that effort. It is a very entrepreneurial and open environment and a strong meritocracy. For these reasons i've really enjoyed working with them.

As I mentioned earlier, I had a portfolio of domain names on BrandBucket but I had a large number of brand names on my site Brandiogo.com. BrandBucket felt that my brand names were good enough to be listed on their site and they invited me to be a Brand Ambassador.

I think anytime BrandBucket sees a site that has a good list of over 250 names they approach the owner and tell them how good their names are and that they would love for them to be part of BrandBucket. In reality it is just a way for them to be in control of the competition. They approached you, MediaPlow (Michael Krell), Excitemental etc…….and many more to come. They know the other two big marketplaces in BrandRoot and Namerific became competition and this is how they prevent it now.

It's simple business, control the competition and you control the brand space.

 

[AndrewRice]

It's definitely a good business decision from BB's perspective. It's also a good decision from my perspective because BB is really good at selling brand names. I'd advice anyone starting out to focus on finding good quality brand names for BB and let them handle the marketing and selling of these names.

 

[Keith DeBoer]

I think anytime BrandBucket sees a site that has a good list of over 250 names they approach the owner and tell them how good their names are and that they would love for them to be part of BrandBucket. In reality it is just a way for them to be in control of the competition. They approached you, MediaPlow (Michael Krell), Excitemental etc…….and many more to come. They know the other two big marketplaces in BrandRoot and Namerific became competition and this is how they prevent it now.

It's simple business, control the competition and you control the brand space.

This is also how I perceive the ambassador program as well. BB has seen how sellers tend to branch off and start their own site and they want to reverse that trend as it dilutes the marketplace. The ambassadors have their names listed on BB and on their own site but under the auspices of BB and sales are processed through BB. (At least that is how it appears. The ambassadors can correct me as needed.) BB gets a nice commission but Ambassadors get increased exposure and can factor the sales commission into their pricing if needed just like we all do at other domain marketplaces like GD and Flippa.

I think its a smart approach and is going to make competing with BB for market share even more difficult. I think having 2-3 central brandable market places is good as competition keeps things sharp. However the current situation of having 30+ places for brandables dilutes the marketplace to the degree that clients get confused and turned off.

Here's a partial list along with each website's Alexa ranking (a low Alexa number means higher web traffic):

28,990 Brand Bucket
40,794 BrandRoot
127,713 Namerific
156,594 YourBrand
227,172 NameStall
365,882 ExciteMental
469,538 MediaPlow
731,968 Vibrand
787,074 Brand Flip
887,868 BrandLance
938,920 Clickable Names
1,193,000 Domain Name Nexus
1,200,000 BranDo
1,505,458 Catchy
1,713,000 Domaintricity
1,755,000 NamePerfection
1,878,000 ICBrands
2,144,000 BrandStarters
2,168,000 NameKraft
2,419,000 JustTheWord
2,504,000 Domain Geek.net
3,000,000 BustaBrand
3,133,064 Crispbrands.com
3,604,000 ShopTopDomains
4,700,000 Name Brandable
4,800,000 Elite Brand Names
6,363,000 NameStrap
7,051,000 Viper Domains
7,728,000 ReadyMade Names
10,500,000 Brandable Names
11,000,000 Nameably
13,000,000 BrandChovy

 

[Doron Vermaat]

@Keith DeBoer since you seem to love stats and data you should check out http://www.similarweb.com/ - it's like Alexa but on steroids.

 

[Lightthrower]

Great list Keith, I did not know there were this many brands marketplace out there with 11 of them in the top 1 million.

 

[Beezy]

Shout out to whoever writes the descriptions on brand bucket. I admit I'm lazy and give them very little to work with and they almost always come up with something compelling in 240 characters (or whatever it is).

 

[12345]

What about the logo fees? Does anyone have any empirical results that link quality ($ spent) to a quicker sale? What value do most people use? I usually am at $100 for suggested prices between X and Y, then $200 between Y and Z, etc. But I have no real data to support that plan.

Yeah, I normally do the same thing. I can't say for certain that there is a difference. Putting a higher logo reward will definitely get it published faster since those are the first ones taken by the logo designers.

Shout out to whoever writes the descriptions on brand bucket. I admit I'm lazy and give them very little to work with and they almost always come up with something compelling in 240 characters (or whatever it is).

Thanks! I will pass this message onto the copy staff!

 

[thekiller]

@michaeljkrell How is the review process going?
My one domain submitted on April 7 and one on April 14 reviewed on 25 May and nothing after that.

 

[Keith DeBoer]

I've had some names reviewed through April 25 but I also have lots of names still pending review for the period April 16-25. So they are skipping around a bit in an effort to speed up the process. Some names that are obviously good or bad are rated right away. Others require more consideration. Just be patient. They'll get to all them!