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

 

[Brandchovy]

BB,......You cant deny though the owners/management having so many domains is a potential conflict of interest. It's not best practice from a governance point of view, creating a potential perception of bias or over reliance on "related party sales". If you were to IPO in the future or raise capital it would be something that your advisors or potential investors would consider when evaluating your business model, revenue drivers and overall value/ sustainability. In particularly, how much revenue is actually generated from "related party" transactions versus non related parties. BTW I have domains listed on BB.

 

[Ted Levy]

[deleted]

 

[kaposzta]

I got an idea: it's a great thing that we get 110 credits when buying 100 - but would it be possible for BB to offer us even bigger discounts? E.g. buy 200 credits, get 240, or buy 300 credits and get 360, etc.

 

[DNScholar]

I got an idea: it's a great thing that we get 110 credits when buying 100 - but would it be possible for BB to offer us even bigger discounts? E.g. buy 200 credits, get 240, or buy 300 credits and get 360, etc.

Like the idea

 

[Recons.Com]

Boxador's current portfolio size: 2206
https://www.brandbucket.com/profile/boxador

As the other (and original) BrandBucket "insider", my measly sale rate percentage shows two things:

1) Staying on top of your portfolio makes a world of difference -- I haven't added anything in almost a year, and I renew everything and don't prune/refine my inventory;

2) Michael Krell is really, REALLY good at what he does, which is why I love having him on board, and why it's especially cool that he is so open and sharing about how he works (just read his posts here, listen to his DomainSherpa interview, and read his blogs.)

Thanks Margo. Though some numbers would help.

2206 names, 3 sales (36/year) that is about 1.7% sale rate. MK has got over 5%. BB got around 3.8%, Average Joe got 2-3%.

Now are you saying that the quality of your domains are so much worse from MK's that it causes his sales to be 3 (!!!) times more than yours? In other words, are you saying if those names were suggested by unrelated party they wouldn't even make it into the marketplace?

What can you say about other preferential treatment issues raised like bumping unsold name back to newly added, getting better logos, more % of listings in the newsletter? Also how is the direct work with startups done? Are any specific lists offered? How are names selected into those lists, if yes?

 

[bazabizo]

I believe a lot of questions people ask about how BB gets each and every sale or the main channels etc... these questions would remain unanswered and honestly I believe thats fundamental to their success! If they say we attend startup events, a new cloner would do it etc...

I left BB around 4 months ago. I talked with Margot when I was leaving and she was very very polite and professional. We had agreed on a lot of aspects, which i admired, however the one and only piece that will remain a bit grey for me, is the preferential treatment of MK's portfolio on BB.

Some poor lads here are very happy with 2% a year of sales, although effectively they might be making very little overall net profit. For 30% and 100 logo fees, anything below 4% of sales is not worthy the efforts. Submitting names, waiting for review, then directing nameservers, then submission for publishing! Thats a long process! I can scan a 1,000 names on the drop for the effort taken to list a single name!

BB is still GOOD! but I wanted something FANTASTIC for what I paid in commissions and fees! Hence, I moved to some other GOOD alternatives for 10-20% comm and no fees! and close to zero listing time!

What worked for me doesnt necessarily work for others. BB; whether you like or not; will remain as is, if you like it stay, if you dont leave like I did. Just dont discuss something with them thats been asked for a 100 times and kept unanswered (like MK's portfolio)

Good luck everyone, we all need it!

 

[Dnbolt]

I created a poll here: https://www.namepros.com/threads/brandbucket-might-try-to-muffle-up-data.937181/ anyone intrested to cast a vote? :D

 

[Ted Levy]

I created a poll here: https://www.namepros.com/threads/brandbucket-might-try-to-muffle-up-data.937181/ anyone intrested to cast a vote? :D

BB has a $2.5M business selling brandable domain names and their business model and terms for sellers make it clear that they are concerned with protecting their sales data.

You hack their site or find a back door that allows you to obtain the data that they wish to obscure, and not only do you obtain it but you publish it, thereby jeopardizing their business.

Are you then surprised that they have made changes to further protect that data?

Of course this change to their site is permanent.

 

[Dnbolt]

BB has a $2.5M business selling brandable domain names and their business model and terms for sellers make it clear that they are concerned with protecting their sales data.

You hack their site or find a back door that allows you to obtain the data that they wish to obscure, and not only do you obtain it but you publish it, thereby jeopardizing their business.

Are you then surprised that they have made changes to further protect that data?

Of course this change to their site is permanent.

I just sort data, if domains > x that is longer on site that belongs to a seller then it's not wise to think it sold since we know avg sold domain per user is aroud 3 except for MK . Just using simply alegrbra I learnt from high school

I am a good guy, I don't do bad stuff.

The change doesn't affect me, but affect the impression BB gives to the public and poential users who want to use marketplaces that has more sales.

 

[Ted Levy]

I just sort data, if domains > x that is longer on site that belongs to a seller then it's not wise to think it sold since we know avg sold domain per user is aroud 3 except for MK . Just using simply alegrbra I learnt from high school

I am a good guy, I don't do bad stuff.

The change doesn't affect me, but affect the impression BB gives to the public and poential users who want to use marketplaces that has more sales.

Yes you are a wonderful guy. You are a prince. A fighter for truth and justice. You are the chief gendarme of the Brandbucket police.

 

[Dnbolt]

Yes you are a wonderful guy. You are a prince. A fighter for truth and justice. You are the chief gendarme of the Brandbucket police.

Are you sure, or you just kidding becuase this days I can't tell?

 

[Ted Levy]

I just sort data, if domains > x that is longer on site that belongs to a seller then it's not wise to think it sold since we know avg sold domain per user is aroud 3 except for MK . Just using simply alegrbra I learnt from high school

I am a good guy, I don't do bad stuff.

The change doesn't affect me, but affect the impression BB gives to the public and poential users who want to use marketplaces that has more sales.

You forgot to append your usual smiley emoticon to your previous post; perhaps you want to go back and edit it.

 

[Ted Levy]

Are you sure, or you just kidding becuase this days I can't tell?

Lol. I am being sarcastic. I think you are a jerk.

 

[slimjim270]

@Dnbolt -

I have been a member of BrandBucket since October 2014. I have submitted 960 names with 335 accepted/published. I have had sales, not enough to my liking.

Last I knew this thread was titled "BrandBucket Experience" and not "The Wonders of DNBolt".

Hijacking the thread and grandstanding your new found programming skills... whoop-d-shi*!

Yes, there are issues I like about BrandBucket and yes there are issues I dislike about my experience with BrandBucket.

Likes

1) Ease of submission.
2) JULIA! (top shelf professional)

Dislikes

1) Low sales rates.
2) A lack of search data transparency.

There are several individuals who have left BrandBucket recently. They are business people who invest in assets, make informed decisions based on data, were looking for a collaborative relationship with BrandBucket, and did not join to watch a new Managing Director bath in glory while they personally flew blind without a speck of management guidance.

Yes, you can beat your chest and say you are "serving the community"... but I don't recall anyone voting you to be the community's Messiah!

-Jim

ps: And before you make some idiot claim that "I must be a BrandBucket Ambassador"... far from it!

cc: @Eric Lyon - I believe these statements to be about my BrandBucket experience and to be accurate. Please advise if you feel they are not consistent with this thread's title.

 

[Ted Levy]

About those 27,823 domain names
Always remember and never forget... those names are registered brandables that are for sale by the owners, whether BB chooses to list them or not. If BB were to decide to list only my names, and not yours, then I would be very happy -- for a little while -- because no names but mine would be sold.

But very shortly, eyeballs would go elsewhere, and my names would stop selling, because BB would not offer its customers a viable value proposition. My names are not enough to make a profitable marketplace.

Instead, I must run faster to keep pace. I need to get better names, get them accepted, and pay $10 for each one. Over a period of time, it will become less profitable to list random, ugly names on BB just because BB accepts them for listing.

I can:

• live with it
• find another marketplace (necessarily smaller, therefore offering less to potential buyers)
• start my own marketplace, and run it my way, and prosper if I am better and suffer if I am not.

My point--if it is not clear--is that we can vote with our feet, and if we vote to stay with BB we should acknowledge that we are in competition with other sellers of brandables and try to beat them.

It's harder to make money that way, but the arrow of time only points forward.

BB will do what they think is best for BB; that is the way of the world.

 

[championshipforum]

I have a suggestion in regards to the logo quality.

I think we should have a choice of which designer we choose to design our logos, in which the designer can either accept or decline, then try for someone else.

After receiving some logos for my names I believe I have a mixed batch on quality.

My profile - https://www.brandbucket.com/profile/hartley152

My favourite logos on there are by the same designer, steadypulse & newsscript. Personally, I think the engageyourmind logo is terrible and doesn't really paint a positive image for the domain.

 

[kaposzta]

I have a suggestion in regards to the logo quality.

I think we should have a choice of which designer we choose to design our logos, in which the designer can either accept or decline, then try for someone else.

After receiving some logos for my names I believe I have a mixed batch on quality.

My profile - https://www.brandbucket.com/profile/hartley152

My favourite logos on there are by the same designer, steadypulse & newsscript. Personally, I think the engageyourmind logo is terrible and doesn't really paint a positive image for the domain.

I've checked your profile and I agree. You don't have any horrible logo, but engageyourmind could be much better.

 

[kittu]

I have a suggestion in regards to the logo quality.

I think we should have a choice of which designer we choose to design our logos, in which the designer can either accept or decline, then try for someone else.

After receiving some logos for my names I believe I have a mixed batch on quality.

My profile - https://www.brandbucket.com/profile/hartley152

My favourite logos on there are by the same designer, steadypulse & newsscript. Personally, I think the engageyourmind logo is terrible and doesn't really paint a positive image for the domain.

Don't you think the font size of your first two domains in the logo are too low?

 

[championshipforum]

Don't you think the font size of your first two domains in the logo are too low?

Looking at it from the profile view they seem smaller, viewing the names with the direct url they seem fine, well to me anyway.

 

[domainer111]

Anyone having difficulty in Chrome paying the listing fee? I can't get it too work..