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

 

[Domainzy]

Michael's sale are really awesome and a long list too.. so I'm not arguing the viability that domains sell on BB.. he's proven it. I'm just curious if we have other fellow domainers here who have had even a small fraction of the success Michael's been having... anybody in the last 3 months for example who sold more than 1 name

I had 2 sales last month, 1 sale the month before and 1 sale the month before that. My portfolio is small(about 133) and my portfolio recently grew fast because BB reviewed so many names lately. I predict a sale coming soon as I haven't sold one since I broke 100 domains. Plus I'm excited for some new ones to go live!

 

[Dominic Belley]

I had 2 sales last month, 1 sale the month before and 1 sale the month before that. My portfolio is small(about 133) and my portfolio recently grew fast because BB reviewed so many names lately. I predict a sale coming soon as I haven't sold one since I broke 100 domains. Plus I'm excited for some new ones to go live!

Very impressive for such a small portfolio. Congrats !!

 

[ProDomanico]

I had 2 sales last month, 1 sale the month before and 1 sale the month before that. My portfolio is small(about 133) and my portfolio recently grew fast because BB reviewed so many names lately. I predict a sale coming soon as I haven't sold one since I broke 100 domains. Plus I'm excited for some new ones to go live!

can you PM me the domain names sold if you don't mind
It would help me in my discreetion while hand regging domains

 

[Beezy]

Very impressive for such a small portfolio. Congrats !!

Again, i vehemently disagree with this "porfolio size" theory.

I feel like the appropriate response is "You must've had some very impressively chosen names! Congrats on picking great names!"

There is a lot of faulty logic being used in this thread and it is misleading people and probably causing a lot of people to waste time and money. YMMV.

 

[Zoltan P.]

I had 2 sales last month, 1 sale the month before and 1 sale the month before that. My portfolio is small(about 133) and my portfolio recently grew fast because BB reviewed so many names lately. I predict a sale coming soon as I haven't sold one since I broke 100 domains. Plus I'm excited for some new ones to go live!

Congrats! That's really nice. In my new batch I have lots of backordered names from GD. I am curious to see how they will do on BB.

 

[Dominic Belley]

Again, i vehemently disagree with this "porfolio size" theory.

I feel like the appropriate response is "You must've had some very impressively chosen names! Congrats one picking great names!"

There is a lot of faulty logic being used in this thread and it is misleading people and probably causing a lot of people to waste time and money. YMMV.

Among 100 good names .. if a person holds 30 and a person holds 2 .. which one has more chances of selling a name? It is a numbers games.

 

[hookbox]

I had 2 sales last month, 1 sale the month before and 1 sale the month before that. My portfolio is small(about 133) and my portfolio recently grew fast because BB reviewed so many names lately. I predict a sale coming soon as I haven't sold one since I broke 100 domains. Plus I'm excited for some new ones to go live!

I see that you sold Bagogo but I couldn't find your other sales listed here. Can you tell us these other sales you are talking about? I figure if you can tell us you sold Bagogo then you can tell us the other names also. I doubt the company asked you to keep the info private.

 

[KickstartNames]

What is a good name? Well, how long is a piece of string?
At the end it´s the buyers present need that defines a 'good' name. I think there are very few names that´s so good that someone first buys the name and then start thinking about what business to build on it. BB's acceptance process should guarantee there are only 'good' names published, right?

 

[campout]

So Beazy if we had asked you if Bagogo would sell or not before it sold, you would've said yes of course, right? Because it's only about quality and you can perceive this quality unerringly.

 

[London555]

Among 100 good names .. if a person holds 30 and a person holds 2 .. which one has more chances of selling a name? It is a numbers games.

In the options markets we base everything on probabilities-this is no different. Your response to "Beazy" is exactly correct.

 

[JimJammy]

Most of my domains went live in June 2015.

Listed: 145
Sold: 1
Design Queue: 43
Pending Review: 3

More interestingly, my entire portfolio is just under 500 domains at the moment. I had 8 sales over $1K in June (and another 15 or so sold for pennies, churn and burn).

Of the 8 worth looking at, 1 sale came from BB, 2 from Sedo/GD and 5 were emails in/out. Whilst I'm sure Michael also had sales outside of BB, that still puts my average at double his BB sales. Brandables are a growing market I'm sure, but it's nowhere near standard domaining as we know it yet.

 

[London555]

Michael has 2,000 names and usually sells on average 17 per month. You would assume that if you took 4 or 5 sellers and add up their portfolios to an equal amount that you would have similar amount of sales. Not the case.

Andrew Rice (BB brand ambassador) 658 names
BrandPluck 363 names
BrandWorthy 332 names
PolkaInc 153 names

These above add up to 1,506 names. Not quite the 2,000 names that Michael has but pretty close. You would think with 1,506 names you would at least have close to the same amount of sales. Correct? These sellers above have had very few sales if any. I think Andrew had a couple but the ratio in volume from these sellers is similar but the sales are not. This group of sellers should at least have 10-15 sales every single month. What makes Michael's portfolio sell so much better? Doesn't that make you wonder? The names are the same in quality but these sellers have very few sales if any.

The only logical answer is that Michael is able to push his own inventory over yours and get on the front page with every single name. BB says it doesn't matter if you're on the front page but that is pure B S. When someone types in your name and follows it to Brand Bucket what other names are being sold on that page? Why should your traffic sell someone else's name? Why is the attention that my name is supposed to be getting from my traffic being diverted to the house inventory? There are so many questions you should ask yourself.

There is a tons of names being added to BB lately that are under privacy. I mentioned the NameSilo privacy already and who those names are but there are also many from Uniregistry and 1 & 1 being added at a rapid pace. No domainer puts their names under privacy if they expect to sell names. I repeat, no domainer puts their names under privacy if they want to sell names. This is rule #1 in domain sales. If no domainer puts their names under privacy then why are so many names being added to BB under privacy. The obvious answer is pretty easy to figure out.

Having the director of the company (Michael) and the owner of the company (Boxador-Margot) being in direct competition with you is s real conflict of interest. It's not only a real conflict of interest it's a huge conflict of interest. The transparency that BB has talked about since 2013 has not come.

I believe that companies like this exist because of domainers and on behalf of the domainer community I hope that BB starts answering these questions and becoming more transparent to their sellers.

We all want to see some real sales. For many years BB listed sales and the buyers obviously didn't care so what's with all the secrecy now. Out of the blue the buyers started giving a shit? BS!! If it didn't matter then why should it matter now. Show us some real sales besides the directors sales! If buyers gave a shit then why does the director show his sales? Hmmm? Interesting.

There is a whole community here that is placing their bets on the brandable market and giving you tons of money to list their names hoping that the brandable market is actually real.

15,000 names listed I think it's about time to SHOW SOME SALES ALREADY!

You're 100% correct-the conflict issue is a serious one. That said no one has a gun to their head to give BrandBucket names-there are others out there. BB is a private company and is in business to make themselves money not the sellers. At 15,000 names submitting to them one has to understand that BB is the casino and the sellers are the gamblers. In reality they have zero obligation to disclose anything to anyone-although I think they should. Everyone is free to go elsewhere and it's only a matter of time before a competitor pops up that does a better job servicing the sellers and puts a cap on the number of quality names their site will handle at anyone time.

 

[hookbox]

Most of my domains went live in June 2015.

Listed: 145
Sold: 1
Design Queue: 43
Pending Review: 3

More interestingly, my entire portfolio is just under 500 domains at the moment. I had 8 sales over $1K in June (and another 15 or so sold for pennies, churn and burn).

Of the 8 worth looking at, 1 sale came from BB, 2 from Sedo/GD and 5 were emails in/out. Whilst I'm sure Michael also had sales outside of BB, that still puts my average at double his BB sales. Brandables are a growing market I'm sure, but it's nowhere near standard domaining as we know it yet.

Out of the 8 sales how many were pure brandable names?

 

[JimJammy]

1 completely made up 5 letter brandable (BB)
1 completely made up 6 letter brandable (outbound email to a business with a longer name)
2 keyword brandables (1 Sedo, 1 GD)
4 keywords (in/outbound emails)

So in answer to your question 2 of them were pure brandables (25%) 2 were keyword brandables (25%) and 4 were keywords (50%).

 

[pokainc]

quality is the MAJOR factor to sell a name that's 100% sure. So for sure it's not just a numbers game, as alot of crap is still crap. But over a certain level of quality, numbers technically play a role in a certain way.
If you check the names Michael Sold, you can see that they are pretty much all names that you would've most probably be inclined to pick up..it's rare you see him sell a name that you were like what the hell... so quality is definitely a major factor in his sales.. but it's the exposure part that I guess us "other" investors are struggling with. Last year with about 110 names or so, I managed to sell 7-8 names. This year with more names and whether you agree or not.. they are not crappy names under whatever way you cut it.. I had only about 2 since the start of the year.

I've never hid my portfolio, https://www.brandbucket.com/profile/dnguru1

exposure is a major factor for sales having slowed down dramatically. I would be excited when my name would appear on the main page as it increased views exponentially.

it's like someone going to a store.. how many times do you happen to buy something as it was a great deal right in front of you even if you hadn't went to pick up that specific item in the first place. So the names not appearing on the main page except for very select few is like having your name in a specific isle that nobody checks if they don't go specifically in that section of the store.


the next 3-4 months should determine alot

 

[12345]

I am very fortunate to sell the number of names that I do, but this wasn't something that happened overnight. For those not familiar with my story, I started with $1K about 4 years ago, and now I've made domaining my full-time job.

We aren't messing with any algorithms or search results to highlight my names or boxador's names over anyone else's names. My names (like other sellers) sold at a higher rate than other names on BB before I ever became a Brand Ambassador or the director.

I think I've mentioned that we will start sending out a monthly sellers newsletter that will have sales stats and statistics and we are considering other options to highlight our sales.

 

[London555]

I am very fortunate to sell the number of names that I do, but this wasn't something that happened overnight. For those not familiar with my story, I started with $1K about 4 years ago, and now I've made domaining my full-time job.

We aren't messing with any algorithms or search results to highlight my names or boxador's names over anyone else's names. My names (like other sellers) sold at a higher rate than other names on BB before I ever became a Brand Ambassador or the director.

I think I've mentioned that we will start sending out a monthly sellers newsletter that will have sales stats and statistics and we are considering other options to highlight our sales.

You also stated in a Domain Sherpa interview that "Yes it's a numbers game". Which obviously it is.

 

[12345]

Yeah, all things being equal it is a number game. If the quality of your domains stay the same or increase as you increase inventory, more names will sell. When they will sell is a different story...

 

[hookbox]

Yeah, all things being equal it is a number game. If the quality of your domains stay the same or increase as you increase inventory, more names will sell. When they will sell is a different story...

If you take 5 sellers portfolios that add up to 2,000 names like your portfolio don't you think they should have similar amount in sales if the quality of the names are equal to yours? Maybe not 17 names per month but don't you think a group of 2,000 similar names should at least sell 10 names a month? 8 names a month? 5 names a month? This group of 2,000 names doesn't even add up to 3 sales over the course of the past few months. 2,000 names no matter if they are from the same portfolio or not should at least add up to more than 3 sales in a 3 or 4 month timespan. I continue to ask the question and hope you would know how to answer it because I don't get it. No matter how you slice it 2,000 names listed on Brand Bucket should produce more than 3 sales in 4 months.

 

[London555]

If you take 5 sellers portfolios that add up to 2,000 names like your portfolio don't you think they should have similar amount in sales if the quality of the names are equal to yours? Maybe not 17 names per month but don't you think a group of 2,000 similar names should at least sell 10 names a month? 8 names a month? 5 names a month? This group of 2,000 names doesn't even add up to 3 sales over the course of the past few months. 2,000 names no matter if they are from the same portfolio or not should at least add up to more than 3 sales in a 3 or 4 month timespan. I continue to ask the question and hope you would know how to answer it because I don't get it. No matter how you slice it 2,000 names listed on Brand Bucket should produce more than 3 sales in 4 months.

The probabilities should be exactly the same if the "quality" is the same-UNLESS there is an edge somewhere. Probabilities simply don't lie.