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

 

[London555]

Just to add: I have around 370 names listed, with 14 sales. I could look up the exact figures, but ball-park for now - my costs are around $40 per name, and I'd imagine I've netted around $1500 per sale. So my revenue is ~$21k with costs of around ~$15k.

Even if your cost of picking up names is $10, together with listing fee you're spending $20. Given an average sales rate of say 5% you'll need to list 20 names to get a single sale. If your acceptance rate is 50% then you're talking 40 names for a single sale. That's costing you $600, and the average sale is probably netting sellers around $1300 (($2k - 30%)-$100). Still a good ROI, but it's far better to consider your total costs rather than the cost of the single name you sell.

Add to the above the fact that 5% is probably on the high side based on evidence from many sellers here. There are a couple of users with 300+ names and 0, 1 or 2 sales. 300 names @$20 each is $6,000, or probably closer to $9k assuming the 50% acceptance rate is correct. Will take quite a few sales to even break even, and right now many of us are still trying to figure out a realistic sales rate.

Thankfully I'm selling quite a few domains outside BB, and being honest I'm very much in hold-mode trying to determine whether adding considerable more inventory to BB makes economic sense. I'm still positive on BB, but I think it's really important not to put all your domain eggs into one basket and to very carefully analyse your costs. Far too easy to focus on the big ROI sale and ignore all the flops that are required to get that one big sale.

[Edit: forgot to consider the acceptance rate on BB. Then corrected the cost of 40 names, and finally corrected the potential cost of holding a 300 name portfolio on BB. Re-learnt how to multiply.]

This is an excellent post.

 

[JimJammy]

I had 5 new names published last week and 3 names just passed logo phase today.
It seems like Logo Design is picking up the pace.

Now if we can just get down to the 'few hours to a few business days' for review that they quote on submission, the world would be a happy place!

 

[DNGear]

Now if we can just get down to the 'few hours to a few business days' for review that they quote on submission, the world would be a happy place!

Lucky u. My domains are still waiting for Logos since July 2nd.(Accepted Date)

 

[12345]

Its only about font style. Here site name
Please give your opinions

Yeah, I would be very happy with this as a domain owner.

Now if we can just get down to the 'few hours to a few business days' for review that they quote on submission, the world would be a happy place!

Thanks for bringing this to my attention. We need to change this to a week.

 

[Nebulous]

how is this .ly market? Any sales in BB?

~

Does anyone have any completed .ly sales? I'm trying to figure out if there even worth listing. All of my saved .ly domains keep getting regged by park.io so I wan't to know if I should jump on the last few that are available.

.ly is very out of fashion with startups at the moment. The number of new startups that launched with a .ly domain name this year can be counted on one hand.
.

Thanks guys. Names ending in ly (or sy) such as Foodly, Blogly or Techly are absolutely in demand at the moment. Domains in the .ly extension not so much anymore based on my research.

 

[London555]

Michael Krell-question please. Has the ratio of sold names stayed the same as BrandBucket has taken on more names? In other words if-when BB had 5000 names,and sold 6% (a guess on my part) per year or 300 names is the percentage the same now for 15000 names? I know you cant say re 15K names because you don't have figures yet but how about at 10,000 names etc? If the 6% stays the same as the inventory rises then it really shouldn't matter how many names BB has-if BB had 50,000 names and sold 3000 etc-thank you.

 

[London555]

~

re: Nebulous comment above-then why are the prices for .ly so high on BrandBucket if they're not in big demand? Some must be selling for good money.

 

[Nebulous]

re: Nebulous comment above-then why are the prices for .ly so high on BrandBucket if they're not in big demand? Some must be selling for good money.

If I'm not mistaken, I read an article or post somewhere that said BB teamed up with guy that owns one of the best .ly portfolios there are. I think most of the really high priced .ly domains are his. Someone correct me if I'm wrong.

 

[svede]

So I finally decide to start moving brandable domains to BrandBucket to test them out. In all, I am relatively new to pure brandables (been doing domains since 2003-2004, but only been into pure brandables for about a year now.. of course many domains I've sold could be brandable, but since my focus is development, they tend to be more keyword-based) in general, but figured I would try.. I've sold quite a few without BB, but I hoping this platform will bring even more buyers..

Friday my first domain was published (with logo, etc)... I now have 23 published... 1 queued for publishing, 11 pending logo, 6 pending action on my end (approved), and more awaiting approval/rejection..

Overall I am happy with the process thus far - MUCH faster than when I submited a couple at the beginning of the year to test the waters... most logos are decent and I only have a few minor complains if any. I was happy with the BB copy/content team for their short descriptions... some of them showed that they were thinking, not just putting cutesy words together... appreciate that.

Anyway, here they are so far.. I will keep you in the loop for how this goes for me..

https://www.brandbucket.com/profile/brandbouquet

Thanks!

 

[London555]

So I finally decide to start moving brandable domains to BrandBucket to test them out. In all, I am relatively new to pure brandables (been doing domains since 2003-2004, but only been into pure brandables for about a year now.. of course many domains I've sold could be brandable, but since my focus is development, they tend to be more keyword-based) in general, but figured I would try.. I've sold quite a few without BB, but I hoping this platform will bring even more buyers..

Friday my first domain was published (with logo, etc)... I now have 23 published... 1 queued for publishing, 11 pending logo, 6 pending action on my end (approved), and more awaiting approval/rejection..

Overall I am happy with the process thus far - MUCH faster than when I submited a couple at the beginning of the year to test the waters... most logos are decent and I only have a few minor complains if any. I was happy with the BB copy/content team for their short descriptions... some of them showed that they were thinking, not just putting cutesy words together... appreciate that.

Anyway, here is is so far.. I will keep you in the loop for how this goes for me..

https://www.brandbucket.com/profile/brandbouquet

Thanks!

So to get approx 40 approved how many names did you submit and will you report any sales here also?-thank you.

 

[KickstartNames]

So I finally decide to start moving brandable domains to BrandBucket to test them out. In all, I am relatively new to pure brandables (been doing domains since 2003-2004, but only been into pure brandables for about a year now.. of course many domains I've sold could be brandable, but since my focus is development, they tend to be more keyword-based) in general, but figured I would try.. I've sold quite a few without BB, but I hoping this platform will bring even more buyers..

Friday my first domain was published (with logo, etc)... I now have 23 published... 1 queued for publishing, 11 pending logo, 6 pending action on my end (approved), and more awaiting approval/rejection..

Overall I am happy with the process thus far - MUCH faster than when I submited a couple at the beginning of the year to test the waters... most logos are decent and I only have a few minor complains if any. I was happy with the BB copy/content team for their short descriptions... some of them showed that they were thinking, not just putting cutesy words together... appreciate that.

Anyway, here they are so far.. I will keep you in the loop for how this goes for me..

https://www.brandbucket.com/profile/brandbouquet

Thanks!

I think the quality of your BB portfolio is very good and well above the average IMHO, good luck with it!

 

[London555]

I think the quality of your BB portfolio is very good and well above the average IMHO, good luck with it!

I Agree.

 

[svede]

So to get approx 40 approved how many names did you submit and will you report any sales here also?-thank you.

Technically, I submitted a total of 213 since the beginning of the year to get 41 approved (not counting some new ones that haven't been approved/rejected yet). That gives me an official 19.2% success rate. However, that is quite misleading as I did a little experimenting with BB to see what they accept. I intentionally submitted some lower quality ones and some keyword based ones in order to get a feel for what they accept. None of them were complete junk - I didn't want to clog the pipeline, I just wanted to better understand their thinking process - but I also wasn't expecting them all to be accepted. If I went simply by the ones I expected to be good enough, we would be looking at probably a 30-35% success rate at least. Honestly, some of my prize domains were rejected (and I'm okay with that)... and I've already sold a few of the ones rejected for $xxx each.

Hope this helps!

 

[London555]

Technically, I submitted a total of 213 since the beginning of the year to get 41 approved (not counting some new ones that haven't been approved/rejected yet). That gives me an official 19.2% success rate. However, that is quite misleading as I did a little experimenting with BB to see what they accept. I intentionally submitted some lower quality ones and some keyword based ones in order to get a feel for what they accept. None of them were complete junk - I didn't want to clog the pipeline, I just wanted to better understand their thinking process - but I also wasn't expecting them all to be accepted. If I went simply by the ones I expected to be good enough, we would be looking at probably a 30-35% success rate at least. Honestly, some of my prize domains were rejected (and I'm okay with that)... and I've already sold a few of the ones rejected for $xxx each.

Hope this helps!

A 30% rate is very good if you get to that. As to the ones they take or don't -you never know. I submitted
Cloudi.io obviously a tech extension for a startup or any tech company-I told BB that Cloudi.com is for sale for 130K and that Apple paid $4million for iCloud.com and BB turned my name down-that said I asked Julia to resubmit it with a better explanation from me and she did and we'll see what happens. This is a name I know I can sell anyway but it's always interesting to see what they take or don't.

 

[Dominic Belley]

Does anyone know the direct link to download the full-size (not thumbnail) image of our domain logos?

 

[London555]

Starizec-why would you possibly dislike my comment above? I'm curious-I have many others that I'm sure you'd dislike much more. lol

 

[London555]

Starizec-why would you possibly dislike my comment above? I'm curious-I have many others that I'm sure you'd dislike much more. lol

Hey Beezy what's with the dislikes-lighten up I was kidding. You have a heavy hand with that dislike button and I know you were already warned on that. So please be kind.

 

[London555]

Does anyone know the direct link to download the full-size (not thumbnail) image of our domain logos?

Ask Michael Krell on here I'm sure he'd know and if he doesn't he can find out with a phone call. You could probably also just drop Julia in support a note-she's exceptionally helpful.

 

[JimJammy]

Does anyone know the direct link to download the full-size (not thumbnail) image of our domain logos?

You can pull them off newscentral RSS: http://newscentral.exsees.com/feed/cb8fdd542ff682d811337520cc055aa8 click on the post, right click the image...

 

[starizec]

Starizec-why would you possibly dislike my comment above? I'm curious-I have many others that I'm sure you'd dislike much more. lol

Because you are annoying with cloudi.io name