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

 

[equity78]

Did anyone actually find out where this service is?

I wonder if this email went out in error since the service doesn't seem to exist yet, and I assume they need to on-board their community members in order for them to be able to provide the suggestions, never mind offer an interface for all this to work in?

Any ideas Raymond? Did the email give release date details or include any links?

Here

 

[Brandworthy]

I never got the email.

Looking at this I can see how it might help buyers, but it's putting quite a bit of work on the sellers plate. Not sure I can easily reconcile having to do this work when I'm paying 30%+100 for any sale. Why isn't BB doing this on seller's behalf? Also why cant I incorporate my affiliate links so that at least I can earn 15% of the 30% back for doing this?

Why the login with Twitter? It's really quite bizarre IMO.

Last thing I cant get my head around - if users are submitting their own names what incentive is there for them to vote on other users' names? I cant see this working.

This speaks volumes:

https://www.brandbucket.com/name-my-company/activity

People are just up-voting their own names. That's just daft. Simple solution is to tie this to your BB account, and not let owners up-vote their own names.

[Edit] And how are they ensuring that non-community members aren't up-voting? You can simply get your Twitter mates to up-vote your names. Surely it should be locked down to BB members? Bewildering.

[Edit 2] The only way I can see this working is if only BB members can submit names, that they cant submit or up-vote their own names, and that they earn a commission payment on all sales conducted through this. That's how I'd try to do it, and I'm willing to wager the current system will be abused and become counter-productive quite quickly.

 

[thekiller]

I can't login to NameMyCompany. Some PHP error.

 

[Domainzy]

I never got the email.

Looking at this I can see how it might help buyers, but it's putting quite a bit of work on the sellers plate. Not sure I can easily reconcile having to do this work when I'm paying 30%+100 for any sale. Why isn't BB doing this on seller's behalf? Also why cant I incorporate my affiliate links so that at least I can earn 15% of the 30% back for doing this?

Why the login with Twitter? It's really quite bizarre IMO.

Last thing I cant get my head around - if users are submitting their own names what incentive is there for them to vote on other users' names? I cant see this working.

1) Your over thinking it. Its just a service for buyers who can't find or can't decide on a name. Don't forget that 'we' BB sellers are somewhat experts at finding names. However, The buyers are NOT, hence why they are on BB in the first place. Its just there to help buyers. Its also add a 'social' element to BB, its a way of getting opinions for the buyers.

2) "Not sure I can easily reconcile having to do this work when I'm paying 30%+100 for any sale." Seriously? Thats one of the most entitled things i've heard this year. No one is forcing you to 'suggest' names to buyers. If anything, you should feel LUCKY to have an opportunity to suggest your names to potential buyers.

3) Twitter login: Adds to the social element for sharing. Also how BB limits up voting, only one vote per 'proposal', if you submit 3 names to one potential buyer, you can only vote on 1 name. Regardless, this is just so buyers can see names they ASK for. Now that there is 13,000+ names on BB, its gotta be wonderful for buyers to have dozens of names suggested to them based on what they ask for.

4) "Why isn't BB doing this on seller's behalf?" Again seriously? (Entitlement again) Its an OPPORTUNITY for you to market your names to buyers who are having a hard time finding/deciding a name. Why would BB do this for you? That would remove the 'social' element they are trying to add.

5) Have you ever 'brainstormed'? Thats all this service is, brainstorming to find a name. They don't have to pick the name with the most up votes, they pick the name they like. It doesn't matter who or how many names are suggested, its a 'social service' to help buyers. We live in a social digital world and people like to share, like, vote, and give/get opinions.


Congrats to BB for evolving and providing a social service to potential buyers and now sellers have a way to socialize with buyers! Not only can i suggest a name that a buyer might have over looked, I can also explain why the name is suitable for their business or any other knowledge i have about the domain. I have also had a buyer contact me on twitter for follow up questions, so yes the service does work. And yes it will need to evolve like any service does. But this is a very exciting opportunity for buyers and sellers!

 

[Brandworthy]

Don't forget that 'we' BB sellers are somewhat experts at finding names.

Most of the names on BB are junk that aren't worth reg-fee. And yes, by extension most of my names listed on BB aren't worth reg free. It's a numbers game - you hope to find enough diamonds amongst the coal. I don't think getting a few made-up names published on BB makes me a branding expert.

If anything, you should feel LUCKY to have an opportunity to suggest your names to potential buyers.

I don't rely on luck. But each to their own.

I also believe that 30%+min100 is the highest commission in domaining, and sellers have a right to expect a service in return. Generally I like BB's service a lot. But that doesn't mean that I feel I owe them some level of gratitude for letting me use their service. I pay them for that.

Why would BB do this for you? That would remove the 'social' element they are trying to add.

Again they want to leverage my social network for their benefit. Go look up "WIIFM". Don't bother coming back saying "potential sales". If you want to work for free that's your choice. Again, each to their own.

Thats all this service is, brainstorming to find a name.

A bunch of domainers spontaneously submitting their own domains is your idea of brainstorming? If it was truly brainstorming, as per some of the suggestions I've made, I think it could be valuable. But as it stands there is really no brainstorming going on.

its a 'social service' to help buyers.

That's what it should be. What I see is a service where sellers will pitch only their own wares, regardless of whether there are better products available. How often to you look for recommendations about a business from the business itself? That's what's being offered here.

But this is a very exciting opportunity for buyers and sellers!

Some people are easily excited I suppose.

But let's just agree to disagree. We can see how it goes over time.

 

[Domainzy]

Most of the names on BB are junk that aren't worth reg-fee. And yes, by extension most of my names listed on BB aren't worth reg free. It's a numbers game - you hope to find enough diamonds amongst the coal. I don't think getting a few made-up names published on BB makes me a branding expert.



I don't rely on luck. But each to their own.

I also believe that 30%+min100 is the highest commission in domaining, and sellers have a right to expect a service in return. Generally I like BB's service a lot. But that doesn't mean that I feel I owe them some level of gratitude for letting me use their service. I pay them for that.



Again they want to leverage my social network for their benefit. Go look up "WIIFM". Don't bother coming back saying "potential sales". If you want to work for free that's your choice. Again, each to their own.



A bunch of domainers spontaneously submitting their own domains is your idea of brainstorming? If it was truly brainstorming, as per some of the suggestions I've made, I think it could be valuable. But as it stands there is really no brainstorming going on.



That's what it should be. What I see is a service where sellers will pitch only their own wares, regardless of whether there are better products available. How often to you look for recommendations about a business from the business itself? That's what's being offered here.



Some people are easily excited I suppose.

But let's just agree to disagree. We can see how it goes over time.

I feel sorry for you, your so negative and pessimistic... what a life. Don't waste your time responding to me because i won't see it, i have been ignoring members that i have lost respect for, and it makes NP a much more positive experience!

Cheers!

 

[trelgor]

Optimists and pessimists at it again...

I was wondering how you all feel about the accepts and rejects you have been getting on submissions?

I'm working through a voting session, and everytime I do I can't help wondering... Is this really what someone would like to call their business? (My rejects where way better...)

@Brandworthy, you seem to be happy that crap you registered gets listed (I think you put it that way some posts back, correct me if I'm wrong).

@Jahfree, you seem to put a lot of trust in the BB system? You agree with all your rejects?

I think an additional business avenue for BB could be something along the lines of that naming service thing. But I think that if the linguistic scorecard algorithm or whatever it is they are using works (at a turnover of about 5% a year?) they should cash in on it, and not keep it in the basement.

That would be a naming service that could boost inventory and revenue...

Instant scorecard. No crazy submissions to wade through. And a cut on a boatload of registrations straight up.

I would also like to see the voting feature implemented in that naming service somehow.

Still looking for sale #2. Any sales to report?

 

[Brandworthy]

Don't waste your time responding to me because i won't see it

Good man yourself. That also means I wont have to read anymore of your "entitlement/owing the world for my good fortune" rants in the future. That's a win-win in my books.

you seem to be happy that crap you registered gets listed (I think you put it that way some posts back, correct me if I'm wrong).

The problem is it's not easy to identify the diamonds. If I could identify the 5% that sold I wouldn't have to bother with the other 95%. At a higher quality level it's much easier, but at the $2k sweet spot your guess is probably as good as mine.

No sales since March 14. 272 names listed, 260 still live. Going to ease off submissions until more sales come through. Current sales rate doesn't justify much more investment in BB at this time. Will try out other channels while I wait for BB to recover.

 

[Domainzy]

I don't sell "junk" domains on BB, I sell domains i think a business could benefit from owning.

"You agree with all your rejects?" Mostly my rejects are too niche for BB. I re-submitted a handful of domains a few weeks back, BB accepted 3 of them. They were all pronounceable 4 letters and i felt they were over looked with the new switch in the review process.

Any sales to report? Just two sales this month, most buyers are probably enjoying the lake!

 

[ProDomanico]

any sales happen on brandbucket.. I have 3 out of 5 accepted..?
Any time lines, should we wait indefinetly or keep them renewing ?
What you guys suggest?

 

[trelgor]

No sales since March 14. 272 names listed, 260 still live. Going to ease off submissions until more sales come through. Current sales rate doesn't justify much more investment in BB at this time. Will try out other channels while I wait for BB to recover.

@Brandworthy Would you call it a bug in the review system or what's your take on it?

 

[Domainzy]

I think not everyone understands the value of LLLL.com's, and maybe the new 'reviewer' didn't see the value, like the old 'reviewer' use to see in pronounceable 4 letter domains. So i asked for the original reviewer to take a look.

 

[cocaseco]

@Brandworthy I can't seem to make sense of this statement; "...you hope to find enough diamonds amongst the coal." followed by "I don't rely on luck". Isn't the first statement a definition of luck? And if it isn't luck, then what is it? Skill is the only option, but if it's skill then you would be a "branding expert", which you claim not to be?

It all makes no sense to me.

 

[Brandworthy]

Yeah, "pronounceable" names like ajxa.com are obviously deeply misunderstood. I'm dying to hear anyone actually say that.

Would you call it a bug in the review system or what's your take on it?

No. I don't think there's any particular problem with reviews. I'll hazard a guess that the problem is a site architecture that probably was never designed to accommodate 13k products, and a search classification system that doesn't align well with buyer searchers. Names are simply buried.

 

[Brandworthy]

Isn't the first statement a definition of luck?

No. It's called "playing the odds".

 

[trelgor]

Yet again, it would be very interesting to see some anonymous sales stats broken down. Those 5%. Are they across the board for all sellers? What are the variations and why?

 

[Dominic Belley]

Having a bit over 2% of the domains on BB (brandworthy) I would hope you'd sell a bit more names. That is quite discouraging for us newcomers.

Michael having (14%+) is regularly selling. Of course, I am pretty sure BB is pushing much more his names to their customers.

 

[cocaseco]

I feel sorry for you, your so negative and pessimistic... what a life. Don't waste your time responding to me because i won't see it, i have been ignoring members that i have lost respect for, and it makes NP a much more positive experience!

Cheers!

I may be on ignore so you won't see this, but damm you are right on. I have only been back here for a few months , after first landing here over a year ago. I get a fair amount out of it, but there is just so much negativity and pessimism, combined with a solid dose of "my way is the only way". This last week I was working on a new portfolio page for my domains and I established a new twitter account. As I added people to follow i was sort of surprised by the optimism other domainers showed. Many of them had domains that would get severely bashed in this forum. My point being that NamePros is not the world of domaining, it is one stop and it has its own unique feel and tone. There is a really big community of domainers who only occasionally go here, if ever, and rarely post, if ever. To me its super important to keep a healthy balance of inputs and feedback, especially if the negativity starts to take over some days.

 

[JimJammy]

and a search classification system that doesn't align well with buyer searchers. Names are simply buried.

How does the search function not align well with buyers? If I search for 'fund' I see one of your domains (the one you've targeted toward the word fund) if I search for 'volt', I see one of your domains (the one you've targeted toward the word volt) if I search for 'upward' 'uplifiting' 'rise up' etc I see one of your domains beginning with 'up'....

How is this not a targeted search system that works?

 

[Brandworthy]

That's fair enough, but for every good example I can give you some bad ones. I have a few names based on "optima", and if I was in any business that worked on optimization (sales, conversion etc.) or performance (think things like cloudflare, CDNs, webiste/server performance) I might be interested in names around optima. None of my optima names have been tagged with either "performance" or "optimization". So I'm not sure that the tags used always align with business products or services.

Listen, I'm not knocking BB. This is a really hard nut to crack. The biggest webistes in the world struggle with this. I know a little in this area as it's what I do for a living (domains are purely an investment for me).

I don't know how good the tagging process is, or how much review happens once tags are selected. I've mentioned to them that tags are often suboptimal, and suggested that allowing sellers a little more input into the targeting of names might be beneficial. This is more for pure brandables than keyword brands BTW.