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

 

[Joshdns]

Just had my first sale! I'm so happy!

I will reveal the name after I receive the payment. I love you BrandBucket!

Congrats mate.

How long did the sale take from publishing?

 

[KDN]

Congrats mate.

How long did the sale take from publishing?

A little less than 3 months.

 

[domainer111]

That's a good point in the multi submissions, perhaps it is better to break them up?

Alan

 

[domainer111]

Just had my first sale! I'm so happy!

I will reveal the name after I receive the payment. I love you BrandBucket!

Congrats, good feeling!

 

[Dominic Belley]

Well worth watching this to see the price the seller achieves:

https://flippa.com/5768384-business-in-a-box-brand-portfolio-valued-over-100-000

Current bid stands at ~3.7% of retail sales price, and I suspect the reserve is around $4K.

The seller will get a very nice return. Over $90 per name in average and maybe more in the last minutes.

Knowing here on NP I only get $50-$75 per name, I think I will try making the same kind of Flippa Auction for my 30 names BB portfolio.

 

[pokainc]

that's pretty impressive!

it looks like he got alot of exposure though; "editor's choice" + has had signifcant sales in the past, perhaps had followers

**** Also I had mentioned yesterday had some cheap logos, like 4 out of 6 that were published, but ALL THE NEW ONES ARE REALLY AWESOME (have about 50 that are going live within 2-4 days). If anyone cares to see : https://www.brandbucket.com/profile/dnguru1

 

[Recons.Com]

Is there a reason/explanation why BB takes its 30% before the payment for logo? Why not from the net sale proceed? Are they really paying $100 to a designer? Would have been fairer to deduct 100$ and then take 30% commission. On lower priced domains, BB's cut goes closer to 40% effectively.

 

[pokainc]

It does hurt, but then again names are selling on brandbucket at prices that wouldn't sell as often on other platforms. Having a smaller portion of a bigger pie is the way to see it I guess. Several people are having sales lately with them.. Seems that business is picking up

 

[JimJammy]

Don't forget too that BB could get hammered with charges depending on how the purchaser pays... and all of that comes out of their percentage.

I've copied and pasted below the escrow charge on a $2,750 sale:

If buyer pays by wire transfer or check - $89.38

If buyer pays by credit card or PayPal - $173.25

Ouch!

 

[decode]

Thanks to everyone for all the info on BrandBucket. It looks like a worthwhile marketplace. Many people (of the 173 pages on this thread) are stating a sell through rate of 10% of their names. That is impressive. I'll give it a try and update later on...

 

[cocaseco]

I made a mistake of submitting 190 names at once. I guess BB got quite choosy and weird and chose just 17.

They chose limoly, sitly, but did not regionly, riotly or chessly
Chose SentryFund, but not SentryNews
Chose repliers, but not reuniter
Some other names they did not choose:
promorates, proearner, profitix, generalinfo, personaltools, musicarea, mediavi, gymfy, siteprices, sharific, teledramas, tastry, SportHat, translatic, webadvising.

They even did not like NobleMetal (gold, platinum etc.)... I wonder who exactly makes the selection.

And out of 17 there are some that I don't want to add at their suggested prices, but don't see the option to remove the approved, but not paid. Is it possible? How?

Another thing. One name I was trying to add showed as already in BB. How do I add it to my portfolio as the new owner?

I don't think it matters if you did them in bulk, or in smaller batches. While you have some good names, remember that BB is not the final word. They take names only in market segments they operate in and have expertise in. So while Gymfy (random example) may be an awesome name, if they aren't in the gym/fitness segment they don't take it. Also i think they are very, very conservative with TM issues, probably rightfully so. A couple of your names sound similar to some TM's, though I didn't look them up. So the name could be great and not directly a TM issue, but because there might be an issue, they pass.

BB is one piece of your marketing strategy, not the whole thing. Now that you know what names they want, take the rest and pursue other channels. I know there is one or two I would buy if placed in auction.

As for removing a name, just don't submit it for listing, i.e. don't finish the process. The name will just sit in your portfolio as a to-do item that will never be to-done.

As for the one already listed, this happens all the time. Just send an email and ask for it to be moved. As long as the WHOIS matches you, they will move it right over.

 

[Recons.Com]

Thanks, Cocaseco. Although I am surprised you brought up TM here, because the examples I listed are as removed from any well-known brand as it gets )

 

[pokainc]

niceee after 25 names published , one of them made it currently to the first page (divoso), currently first one listed.

by the way guys I think it was on dngeek.com blog this code to put on google to see past sales:
"is a business name on BrandBucket" -inquire site:brandbucket.com

anybody have another method also? most of the sales that people mention don't show up by doing so (there's quite a few that you can see though)

 

[KDN]

It does hurt, but then again names are selling on brandbucket at prices that wouldn't sell as often on other platforms. Having a smaller portion of a bigger pie is the way to see it I guess. Several people are having sales lately with them.. Seems that business is picking up

Agreed.

 

[cocaseco]

Thanks, Cocaseco. Although I am surprised you brought up TM here, because the examples I listed are as removed from any well-known brand as it gets )

I think you missed my point regarding TM's. While none of your domains are EXACT TM issues, BB may stay away from any domain that is even SIMILAR to a TM. Some of yours (and mine) have that issue and while that wouldn't stop me from buying them, it might stop BB from being involved in their sale as they seem to be very conservative and of course want to avoid unnecessary risk.

For example, lets look at SENTRYNEWS. I would imagine this could be used for a newspaper or website publisher that either covers security or political news. A nice name that has no exact trademark issue that I can see. I would have bought this name myself.

But if you dig into it, there are two companies with US TM's that are relevant, Sentry and Sentry Books. Booth TM's are in the publishing world and that may be too close for comfort in the eyes of BB I don't know the companies so I don't know how big or well established they are. That matters because, in general, the bigger they are, the more likely they will be to enforce violations and the more money they can afford to throw at the problem, even if they don't have a case. Now it happens that both US TM's are inactive, but as an example you can see how it clouds the water just a bit? In addition, there are two Canadian TM's, Sentry Press & Sentry Communications, both in the publishing arena, which cloud the water even more.

The sentrynews case was just an easy example, and its far from ideal, but I think it illustrates how TM's are often not a clear issue and the unknown might be part of what BB tries to diligently avoid. I don't know that for a fact, though it would be borderline negligent not to. But again, that shouldn't stop you from buying this domain. It can still be sold and the new buyer can determine for themselves if they will have TM issues, or not, as part of their own due diligence.

 

[Doron Vermaat]

Don't forget too that BB could get hammered with charges depending on how the purchaser pays... and all of that comes out of their percentage.

I've copied and pasted below the escrow charge on a $2,750 sale:

If buyer pays by wire transfer or check - $89.38

If buyer pays by credit card or PayPal - $173.25

Ouch!

They don't use Escrow.com (or any other external escrow service).

 

[Recons.Com]

There are also Sentry safes. Sentry means a guard, guardian.
Guardian News does not even own Guardian.com (owned by another company with that name) and instead uses TheGuardian.com. So, no, such generic words cannot be TMed, unless the same industry/activity/region etc. that creates confusion and uses someone else's goodwill.

Also, note that they did like SentryFund, but not SentryNews

While, Sentry is perfect for news, as "Guardian, Sentinel, Sentry, Tribune" etc. are used very widely for various newspapers.

 

[JimJammy]

They don't use Escrow.com (or any other external escrow service).

They have done, I've spoken to a buyer. They don't mention escrow.com on their site at all and I'm sure you are right that they don't use it now.

 

[Doron Vermaat]

They have done, I've spoken to a buyer. They don't mention escrow.com on their site at all and I'm sure you are right that they don't use it now.

As far as I know they (BB) act as the escrow themselves. Buyer pays BB, BB request seller to transfer the domain to BB, BB transfers the domain to buyer, BB releases payment to seller.

 

[BrandClub.com]

Could somebody explain the benefits of listing with brandbucket?
Do you forward your name to them?
What % do they take?

There is no benefit to list brandable domains on marketplaces like: BrandBucket, BrandRoot, Namerific ...
You pay to list, they list only what they want and you send them all your type-in-traffic so if somebody visiting your domain decide no to buy yours he will see outher domains for sale at BrandBucket ... Good for them, bad for you. They sell, you don´t ... They make money, you don´t ...
9 months ago we had all our brandable domains listed at BrandBucket, BrandRoot and Namerific ...
One day we closed all our accounts on this marketplaces and set-up our own website: NicMarket.com
Now we sell 5 times more domains and we keep the entire amont (we where tired to pay 30% commission).