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

 

[Dominic Belley]

I mostly deal in 4 Letter domains. I hold on really good pronounceable premium domains for site like BB. Because in some cases you cannot get better deal than BB. But i buy and sell other domains on daily basis. To maintain the flow and renew all domains with that money.

You buy any 4 letter domains even if its not pronounceable and get to make money on reselling them? There is a good market for those GQQZ (example) domains?

They cost more money. Its a totally different ballgame that handreg brandables.

 

[Shams]

You buy any 4 letter domains even if its not pronounceable and get to make money on reselling them? There is a good market for those GQQZ (example) domains?

They cost more money. Its a totally different ballgame that handreg brandables.

I'll send you a link in PM. You will get the enough information about 4L Domains.

 

[cocaseco]

How does the number matters ? specially the inventory size! It just means nothing to me.

Just by keeping watch to BrandBuckets' client list ( considering the fact there could be NDA factor ), they would take 100 years to clear their current inventory, that too if atall 100% listed domains saleable!

I believe success rate in selling should be the right index to judge the potential, also BrandBucket have serious "conflict of interest" issue ( they register domain themselves & take others for a fee as well ).

It's insane, they would spend more on publicizing submitted domains than their own. Simple math! It's 30% vs 100%

All valid points and if they were selling a commodity I would be concerned. But they aren't. They are selling a specific product that is not interchangeable. If I am a company wanting a logo that starts with an "A" for example, they can market names starting with a "B through Z" to me all day, but it wont help me. If I like your domain, its not like they can offer the same thing to me and then get the 100% for themselves. Bottom line is that in this segment, the customer dictates what they want and if it happens to be yours, you win and BB doesn't win as much.

 

[Shams]

You buy any 4 letter domains even if its not pronounceable and get to make money on reselling them? There is a good market for those GQQZ (example) domains?

They cost more money. Its a totally different ballgame that handreg brandables.

Q X Z are non Premium Letters. But if you hit the chinese buyer you can make good bucks. In 4L Domains the benefit is you can sell them any time because currently 4L market is on fire and with other domains You have to wait for the right buyer.

Its BrandBucket Experience thread and we are changing the topic, Better to continue the topic in 4L specific thread.

 

[bltechno]

They are selling a specific product that is not interchangeable

I agree with you to some extent, but your points go more with keyword domains, not with brandable domains that much! I will take your example for instance, you are looking for a domain with "A", now I throw three domains with "A", all from my portfolio. This is more likely my domain will be sold.

I used the word "publicizing", I was not talking about people who have tons of time to check through total inventory & pick one. Also who gets the best logo done, my portfolio domain OR yours, that's another way to push favouritism.

It's just "conflict of interest" that bothers me, not the brandable niche.

 

[cocaseco]

It's just "conflict of interest" that bothers me, not the brandable niche.

I guess that's the difference, despite all the legitimate gripes with BB, they are giving me an opportunity I may not have otherwise had, and I am thankful for it. It is after all, their ball.

 

[Lightthrower]

Oh. Yes eBay could be a possibility. I used to sell Magic the Gathering cards on eBay and now have a rating of 666 feedbacks 100% positive so I would not have to gain confidence in buyers again. I'll look into that.

666 feedbacks? Quick! Get that number up atleast 1 . Love MTG, good hobbies you have Doum.

 

[12345]

Michael, could I ask you to nudge whoever is checking affiliate applications? I made my application 2/3 weeks ago and haven't heard either way.

Many thanks.

I will check into it. I know that CJ hasn't worked very well for us in the past.

 

[12345]

Also who gets the best logo done, my portfolio domain OR yours, that's another way to push favouritism.

In regards to logos, the logo designer picks the logo they want to design for. To a certain extent the better and more reliable designers gets first pick on what name they want to design for. The logo reward, the quality of the name, and the ease at which they can make a logo all come into consideration.

 

[bltechno]

In regards to logos, the logo designer picks the logo they want to design for. To a certain extent the better and more reliable designers gets first pick on what name they want to design for. The logo reward, the quality of the name, and the ease at which they can make a logo all come into consideration.

Thanks for the clarification, on a separate note why don't you (BB) update the client page frequently ?

I saw the inventory growing in rapid pace, certainly that is good for BB since there is listing fee associated. But where is the real sale which can benefit the domainer ?

 

[12345]

Thanks for the clarification, on a separate note why don't you (BB) update the client page frequently ?

I saw the inventory growing in rapid pace, certainly that is good for BB since there is listing fee associated. But where is the real sale which can benefit the domainer ?

As a policy, BB hasn't published it customers for some time. We are working on some other ways to expose some sales, and at the same time maintain the trust of our customers. I post all of my sales every 30 days or so. I had around 17 or 18 names sold in my last post and have sold 4-5 since then.

I can tell you that the vast majority of sellers use credits gained by the voting system in order to get their listings live; they don't pay.

 

[bltechno]

I can tell you that the vast majority of sellers use credits gained by the voting system in order to get their listings live; they don't pay.

Oh okay, this one is interesting! I was not aware of this, Great.

 

[bltechno]

Just sold S T A R T F O X . C O M on BB.

Congratulations! Would you be able to disclose the price it sold for ?

 

[AndrewRice]

Hello Everyone,

I'd just like to give a quick update on the BrandBucket approval process.

Through some innovations and adjustments, BB has successfully addressed some bottlenecks within the brand approval and pricing process. As a result, we saw wait times greatly improved. However, a larger workload has now fallen to the logo designers and we are seeing BB working to address this current bottleneck.

Michael was recently hired on as Managing Director and we are all pretty excited to have a fellow domain investor representing us within the company.

As far as the smaller domain seller is concerned, my understanding is that BB's ultimate goal is to get all domain sellers trained at finding high quality and brandable domain names. Not only would this save domain sellers time and money, it would also ease the strain on BrandBucket's approval process.

Overall, BrandBucket is working to improve the brand submission process and is also hoping to get the smaller domain investor trained so that they can become larger domain investors.

I'd be happy to field any questions.

 

[DKN]

Thanks to BB Team!

Yes wait times greatly improved.

The difference is now 21 to 25days.

 

[thekiller]

As far as the smaller domain seller is concerned, my understanding is that BB's ultimate goal is to get all domain sellers trained at finding high quality and brandable domain names. Not only would this save domain sellers time and money, it would also ease the strain on BrandBucket's approval process.

I'm new to BB and I learned a lot in 2 months. I had only 4 accepted domains in first 40 domains reviewed, then I started exploring things and tried to understand which domains are more appropriate with BB. Now in next 8 domains I have 4 accepted (total of 8). I believe a time will come when my acceptance rate will be in 90%.

 

[Shams]

Hello Everyone,

I'd just like to give a quick update on the BrandBucket approval process.

Through some innovations and adjustments, BB has successfully addressed some bottlenecks within the brand approval and pricing process. As a result, we saw wait times greatly improved. However, a larger workload has now fallen to the logo designers and we are seeing BB working to address this current bottleneck.

Michael was recently hired on as Managing Director and we are all pretty excited to have a fellow domain investor representing us within the company.

As far as the smaller domain seller is concerned, my understanding is that BB's ultimate goal is to get all domain sellers trained at finding high quality and brandable domain names. Not only would this save domain sellers time and money, it would also ease the strain on BrandBucket's approval process.

Overall, BrandBucket is working to improve the brand submission process and is also hoping to get the smaller domain investor trained so that they can become larger domain investors.

I'd be happy to field any questions.

Thanks BB
i have submitted many domains yesterday and once those domains approved/Rejected will show process time frame of BB.

Good Luck
Thanks @AndrewRice

 

[Brandworthy]

FWIW my last sale on BB was exactly 8 week ago. I have 237 names live now. My portfolio is very heavily skewed towards pure brandables, and I think it's very likely that keyword names far outsell pures on BB. This is backed up by my own sales to date. I'm trying to diversify my portfolio to both pure and keyword brands with applications across multiple niches/industries, and I think that would be wise for other sellers also.

It would be great for BB to give us some stats and figures on what's happening in the sales channel @michaeljkrell @AndrewRice, and provide aggregate details such as average name length, top niches (based on brand tags with BB) etc. to help us identify names more likely to sell. I think this should be part of any education program - monthly stats showing the breakdown of sales (ex. sales number of course) would be really useful, and help to identify new trends as they appear.

The DomainHoldings.com quarterly reports are very good in this regard, and I expect you could also re-purpose this data for use by buyers as well.

 

[slimjim270]

FWIW my last sale on BB was exactly 8 week ago. I have 237 names live now. My portfolio is very heavily skewed towards pure brandables, and I think it's very likely that keyword names far outsell pures on BB. This is backed up by my own sales to date. I'm trying to diversify my portfolio to both pure and keyword brands with applications across multiple niches/industries, and I think that would be wise for other sellers also.

It would be great for BB to give us some stats and figures on what's happening in the sales channel @michaeljkrell @AndrewRice, and provide aggregate details such as average name length, top niches (based on brand tags with BB) etc. to help us identify names more likely to sell. I think this should be part of any education program - monthly stats showing the breakdown of sales (ex. sales number of course) would be really useful, and help to identify new trends as they appear.

The DomainHoldings.com quarterly reports are very good in this regard, and I expect you could also re-purpose this data for use by buyers as well.

@michaeljkrell , @AndrewRice - Offering a training program for new members is a brilliant idea. Providing support, direction, and incentives for members interested in expanding their portfolios is a terrific growth strategy.

@Brandworthy - I agree. Investors place money with informed decisions. I am interested in expanding my portfolio with BB and, like any investor, want to apply my capital to acquiring assets (domains) that provide the best opportunity for ROI. The training program is a terrific 1st step. But for me to "go big", I would like to have data and stats to support my investment decisions. Heck, I would even consider raising funds for a small investment pool if I had hard stats to support the capital investment... data that provided me insight to "the best" investment avenue via a breakdown of 1) what type of names (2W, 4L, 5L, Creative) have the best sell through rate, 2) what category of names has the best sell through rate, and 3) new emerging trends that might be risky, but provide a higher ROI to balance the higher risk - with data to validate it is a trend and not simply a hunch. Even if the data needs to be provided on a NDA basis, I am good with that approach too.

Overall - hats off to BB for making some great strategic moves recently.

-Jim

 

[JamesCrew]

So excited about my second domain that is about to be listed on BB (first domain was listed couple of weeks ago.)

I was hoping to know how the payment cycle works with BB. Once the domain is sold, how BB pays the seller? Paypal/Visa/Credit? And after how long?