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

 

[brosom]

Rhoop .com
Utliz .com
live now
I m not much confident about them.

They valued Rhoop .com at $1500? a friend of mine sold his former startup's name and they only gave him $900

I'm seriously starting to doubt the judgement of the staff

 

[Dominic Belley]

What is the domain name so we can judge ourselves.

But it is typical. We always see our domains as good and better than other approved. That is normal, otherwise we would not register them.

 

[brosom]

Can't remember my friends' but it was a startup that got acquired but the buyer integrated the techso they didn't need the domain/brand, but it was well-known and got featured in tech blogs

As for mine, I was just going to name it but I just checked and I hadn't paid extra for privacy so I don't know if I should post it here

 

[Dominic Belley]

Why would you pay for privacy? Your goal is to sell the name, you want people to be able to reach you.

 

[brosom]

With my other domains I was afraid of phising, and besides I used my real name since I didn't have an LLC set up at the time to have the ownership of it

 

[equity78]

The one thing I am not sure about is why people are using a 5% sell rate, from an article on Buy Domains

Afternic typically reported about $1 million in weekly sales, and I know some weeks I checked it was for about 500 domains. But that included third-party sales, not just BuyDomains’ inventory. Historically, I’ve heard of rates of 1%-3% reported from large portfolio holders that do not do proactive sales.

BuyDomains owned about 950,000 domain names. At a 2% rate per year, that’s just 19,000 domains per year.
Source http://domainnamewire.com/2014/11/06/buydomains-and-the-economics-of-large-domain-portfolios/

Several big domainers I have spoken to over the last decade have all fallen in that 1 to 2 percent range.

Brandables probably have a smaller sell rate since the name initially means nothing to no one when it is created, Unlike an EMD or an acronym in LLL and LLLL.

IMO and its only my opinion not a fact, but I would think to be conservative and go with a 2% sell rate.

 

[campout]

I just had Juisy.com rejected -- can you guys believe that? I thought this was going to be a $7k name.

The one thing I am not sure about is why people are using a 5% sell rate

Well we are admittedly groping in the dark here, but it does appear that at least up until now BrandBucket has done a better job of selling names. We all know that @michaeljkrell appears to have a sell-rate somewhere around 10%-12%. We have limited initial data from @AndrewRice that is promising (yes I know it is limited: something like 13,000 cumulative-listed-days). And yes, we have some negative data from a couple people with portfolios about 200 or 300 strong. @dv82 has a high-single digit sell-rate IIRC.

I don't even give the search function much credence and figure that (especially now) most sales are coming direct through our own domains. BrandBucket's role is to convert those, and that is obviously the role of the logo and general design of the site. The logo should be driving a higher conversion rate, and I think historically it has. Of course time will tell if 5% is accurate or not. That's why I am kind of pushing this cumulative-days-listed metric, as if we share that plus sales here, we can get a more accurate picture.

The big risk obviously is that sale-rates plummet as the site grows, but to the degree that buyers enter directly through the individual domains themselves, the growth of inventory matters less.

 

[cocaseco]

I think the vast majority of names are private sales and never reported. The true rate is anybody's guess.

 

[D Haynes]

Hey all. Do you think Id stand any chance with Jilty.com ? Got it on eBay a few weeks back for cheap. Passes the radio test I think. Seems like a lot of negativity going around here about BB now so even if I did stand a chance, is it worth using with just one or two names?

 

[campout]

@UniflexDomains I like Jilty and think it will be accepted. Might as well throw a couple names up, give it a whirl so you can see if you want to commit more to it.

I think the discussion here overall is pretty balanced/truthful -- not negative, not positive.

 

[cocaseco]

I just had Juisy.com rejected -- can you guys believe that? I thought this was going to be a $7k name.

When I first read this I was shocked and agreed with the name being valuable. But then I started thinking that the problem is that perhaps it is too similar to Juicy? A quick TM search yields more than a dozen current TM entries for that term. So as a new company, I am probably inclined to move away from that name for fear of legal trouble, or just overly aggressive attorneys on staff of much bigger firms. Very likely that BB to doesn't want to get even close to the other TM holders for fear of being drawn in. Just a guess of course, but that's the only reason I can see for not accepting that name.

 

[Dominic Belley]

Hey all. Do you think Id stand any chance with Jilty.com ? Got it on eBay a few weeks back for cheap. Passes the radio test I think. Seems like a lot of negativity going around here about BB now so even if I did stand a chance, is it worth using with just one or two names?

Impossible to know. They accept really weird names and reject others that seemed much better.

IMO, to have a chance of selling, either your domain has to show in the "premium" page or you have to own at least 5% of BB inventory, so currently 700 domains. Less than that, I think getting a sale is pure luck.

Got a domain rejected today. It was submitted on June 16th. That was quick.

 

[ApeXX]

@UniflexDomains I like Jilty and think it will be accepted. Might as well throw a couple names up, give it a whirl so you can see if you want to commit more to it.

I think the discussion here overall is pretty balanced/truthful -- not negative, not positive.

I agree -- I think most people here are just looking for the facts. How you interpret those facts is a matter of your opinion.

Some people would be thrilled with a 1-2% conversion rate, while others not so much. It's up to you to do the math and figure out if this, strictly as an investment vehicle, makes sense.

 

[sofiapartner]

They gave me such a low price for
e
x
x
a
c
t
just 2250 - wouldn't sell this domain for less than $4-5K profit. Domain regged in 97 with tens of potential end users.

Won't list it there. Actually i am offended with their low price on this one.

 

[Dominic Belley]

They gave me such a low price for
e
x
x
a
c
t
just 2250 - wouldn't sell this domain for less than $4-5K profit. Domain regged in 97 with tens of potential end users.

Won't list it there. Actually i am offended with their low price on this one.

You should contact endusers directly, like "Exxact Corp", "Exxact Transport" or "Exxact Holding". Maybe they would take it for much more.

 

[sofiapartner]

Sure they will. It's the perfect name. Thanks.

 

[RJ]

Every name BrandBucket accepts just creates more competition to the 13,659 other names that are already listed for sale. Lower prices and conversion rates are the natural result of having more competition in the marketplace. You can expect this trend to continue as their popularity grows.

 

[Beezy]

On average I assume they sell between 1-2 domains a day (probably closer to 1). Will it be yours?

 

[Dominic Belley]

It is a numbers game, and we can play with keywords.

Lets say I found a brandable derived from the keyword "cash". I know I will compete against 12 others domain.

I would have more chances by targetting a domain derived from a keyword a bit less popular. A keyword used maybe 3-4 times only.

I have a domain with keyword "green". It competes against 6 others. If someone is looking for that, my chances are better with "green" than "cash".

 

[hookbox]

It is a numbers game, and we can play with keywords.

Lets say I found a brandable derived from the keyword "cash". I know I will compete against 12 others domain.

I would have more chances by targetting a domain derived from a keyword a bit less popular. A keyword used maybe 3-4 times only.

I have a domain with keyword "green". It competes against 6 others. If someone is looking for that, my chances are better with "green" than "cash".

I think most that type in a keyword to search are not looking for the exact word in the domain but a keyword that gets them in the ballpark of similar domains. The keyword Cash gives you 4 pages worth of names and Green gives you 11 pages worth of domains so creating domains that incorporate Cash or similar words would be the less competitive category. If someone types in the keyword Green then chances are they are looking for an Eco, Habitat, Organic, etc….style name and not a name that actually has the word Green in it.