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

 

[Mowas Domains]

Up to two weeks in my experience.

Wow that is a lot longer than I expected, I guess I'll have to wait. Thanks @Simon Taylor.

 

[Justin Matmor]

How long does it take for a domain on BB to be accepted or rejected?

It's currently been six days for me and still no response.

In the past month I have had domains reviewed within 3 days and 10 days...so it depends how busy they are.

 

[JimJammy]

So my first year in brandable domaining ends, and I thought other newbies to brandables might be interested to see how I've got on...

I'm a long time domainer but a complete newbie to brandables. I thought this might give me an advantage on picking/selling domains compared to other brandable newbies.

My average purchase price of a brandable domain is around $20 (and rising!). I got very lucky in the early days, hand registering domains with GoDaddy coupon codes over 3 different accounts, unfortunately those days are gone and now I tend to drop catch or buy the majority of my domains from other domainers.

After I've purchased my brandable, in most cases I put up a landing page, this could be on my own website, Efty or more recently the new namesilo landing pages. I work very hard, spending 5+ hours a day (on top of a full time job) conducting outreach or attracting attention to my domains for sale. Very rarely do my domains sell all by themselves.

I've chosen to list my brandable domains solely with BrandBucket. I don't list with any other brandable marketplace. I submit all of my domains to BrandBucket immediately upon purchase. Having already put them on a landing page, this gives me a window of around 1 week-10 days to sell it before BrandBucket approves/denies my domain (in the early days this could have been as long as a month!). BB rejected names stay on whatever landing page I've built.

I also reach out to other domainers or people in the industry regularly. Sometimes, it's not what you know, it's who you know . There are also a lot of really nice domainers out there and it's great to keep in contact. Through this contact I've sold a large portfolio of BB published names and another large portfolio of BB rejected names. I've also had small sales of both published and rejected names here at NP.

Answers to all of those little questions:

I already owned a sizable brandable domain portfolio from my usual day-to-day domaining and I've purchased 1,000+ brandables this year. Looking back I clearly had no idea what I was doing when I started buying names specifically to list on BrandBucket. I have (or will be) dropping at least 200 domains, as smart as I thought I was, I clearly wasn't!

I currently have 750+ names on BrandBucket (added a lot in the last few weeks).

I would have had 1,000+ names on BrandBucket had I not sold off some published names.

Almost 500 names were listed free via the voting system.

Over 500 names cost me under $4 (thanks GoDaddy and Domain.com!).

My acceptance rate at BrandBucket is dismal, I'm currently running at a 32% acceptance rate. As I've learned what BB wants/accepts this has improved. I was getting 1 in 10 accepted at first, now it's more like 1 in 10 gets rejected.

My one year bottom line is:
Revenue from BB @ $20,000
Revenue from end user sales made myself @ $14,000
Revenue from one off sale of BB published names @ $4,000
Revenue from various sales of BB published names @ $2,500
Revenue from one off sale of BB rejected names @ $8,000
Revenue from various sales of BB rejected names @ $500

$49,000

Poop! I didn't quite make that $50K. There is my motivation for this year!

Good luck to all other BBers too :D

 

[Houssaine]

Thanks @JimJammy for this valuable post. So you made up $49,000 in revenue and that's awesome, but what about the profit? Is it still worth playing the number game?

 

[NetworkPearl]

So my first year in brandable domaining ends, and I thought other newbies to brandables might be interested to see how I've got on...

I'm a long time domainer but a complete newbie to brandables. I thought this might give me an advantage on picking/selling domains compared to other brandable newbies.

My average purchase price of a brandable domain is around $20 (and rising!). I got very lucky in the early days, hand registering domains with GoDaddy coupon codes over 3 different accounts, unfortunately those days are gone and now I tend to drop catch or buy the majority of my domains from other domainers.

After I've purchased my brandable, in most cases I put up a landing page, this could be on my own website, Efty or more recently the new namesilo landing pages. I work very hard, spending 5+ hours a day (on top of a full time job) conducting outreach or attracting attention to my domains for sale. Very rarely do my domains sell all by themselves.

I've chosen to list my brandable domains solely with BrandBucket. I don't list with any other brandable marketplace. I submit all of my domains to BrandBucket immediately upon purchase. Having already put them on a landing page, this gives me a window of around 1 week-10 days to sell it before BrandBucket approves/denies my domain (in the early days this could have been as long as a month!). BB rejected names stay on whatever landing page I've built.

I also reach out to other domainers or people in the industry regularly. Sometimes, it's not what you know, it's who you know . There are also a lot of really nice domainers out there and it's great to keep in contact. Through this contact I've sold a large portfolio of BB published names and another large portfolio of BB rejected names. I've also had small sales of both published and rejected names here at NP.

Answers to all of those little questions:

I already owned a sizable brandable domain portfolio from my usual day-to-day domaining and I've purchased 1,000+ brandables this year. Looking back I clearly had no idea what I was doing when I started buying names specifically to list on BrandBucket. I have (or will be) dropping at least 200 domains, as smart as I thought I was, I clearly wasn't!

I currently have 750+ names on BrandBucket (added a lot in the last few weeks).

I would have had 1,000+ names on BrandBucket had I not sold off some published names.

Almost 500 names were listed free via the voting system.

Over 500 names cost me under $4 (thanks GoDaddy and Domain.com!).

My acceptance rate at BrandBucket is dismal, I'm currently running at a 32% acceptance rate. As I've learned what BB wants/accepts this has improved. I was getting 1 in 10 accepted at first, now it's more like 1 in 10 gets rejected.

My one year bottom line is:
Revenue from BB @ $20,000
Revenue from end user sales made myself @ $14,000
Revenue from one off sale of BB published names @ $4,000
Revenue from various sales of BB published names @ $2,500
Revenue from one off sale of BB rejected names @ $8,000
Revenue from various sales of BB rejected names @ $500

$49,000

Poop! I didn't quite make that $50K. There is my motivation for this year!

Good luck to all other BBers too :D

Thanks for the post, I would also like to know how much names you have sold on BB the whole year.

 

[JimJammy]

Thanks @JimJammy for this valuable post. So you made up $49,000 in revenue and that's awesome, but what about the profit? Is it still worth playing the number game?

I don't separate my day-to-day domain banking from my brandable banking so it's hard to give you an exact figure. I'm guessing $10Kish has been withdrawn into my household bank account with the remaining funds reinvested into renewals and building the 750+ BB portfolio I have now.

Thanks for the post, I would also like to know how much names you have sold on BB the whole year.

12. I started with 1 name and built up to 450+ quite slowly. I currently have 750 names. I've recently just added 250-300 names.

 

[creataweb]

I don't separate my day-to-day domain banking from my brandable banking so it's hard to give you an exact figure. I'm guessing $10Kish has been withdrawn into my household bank account with the remaining funds reinvested into renewals and building the 750+ BB portfolio I have now.


12. I started with 1 name and built up to 450+ quite slowly. I currently have 750 names. I've recently just added 250-300 names.

Very nice JimJammy!

 

[KickstartNames]

Thanks for sharing @JimJammy, from your rise in acceptance rate alone you have proved to be a quick learner
Well done!

 

[Grilled]

12. I started with 1 name and built up to 450+ quite slowly. I currently have 750 names. I've recently just added 250-300 names.

@JimJammy Do you think tracking all bb sales since June 2015 contributed to your success? That's some very valuable aggregated data, and I thank you for sharing some of it with me earlier this year.

I only mention this because I assume @michaeljkrell also has access to sold domains, and if so, I believe that the knowledge of sales trends adds a competitive advantage that not all are privy to.

 

[Abdillahi Abdillahi]

Just a question

How long does it take until BB confirm a sale ?

 

[JimJammy]

I think my longest was 8 days Abdullah... from me noticing the domain had sold until BB told me the domain had sold. It's not usually that long though. I think it probably depends on how the purchaser pays for the domain and whether or not they pay immediately.

 

[Abdillahi Abdillahi]

I think my longest was 8 days Abdullah... from me noticing the domain had sold until BB told me the domain had sold. It's not usually that long though. I think it probably depends on how the purchaser pays for the domain and whether or not they pay immediately.

Thanks.Jimy. So Wire will for sure take more time. When you noticed , it was in your control panel marked sold but no email from.BB right?

 

[JimJammy]

Thanks.Jimy. So Wire will for sure take more time. When you noticed , it was in your control panel marked sold but no email from.BB right?

That's right.

Sounds like you might have some good news?. I'm looking forward to seeing your confirmation in a few days!

 

[Grilled]

When you noticed , it was in your control panel marked sold but no email from.BB right?

This was the case when it happened to me.

Congratulations by the way! Fingers are crossed that bb sends you the sale email for your 5L

 

[Abdillahi Abdillahi]

That's right.

Great. Hope to have it confirmed soon. That will be my second BB sale and second this month

 

[Grilled]

Great. Hope to have it confirmed soon. That will be my second BB sale and second this month

Well done @Abdullah Abdullah and bb !! Seems like bb is going to make me instantly regret selling the remainder of my bb domains to another NP'er at bulk reseller prices yesterday.

Even though, I've been grilling bb policies lately, I still wish bb and their sellers to have success. It was one of the many reasons I recently liquidated. I look forward to seeing if and when bb sells the domains originally submitted by me. Generally and historically, to my knowledge bb sells made up brandables for more than the other marketplaces.

 

[Abdillahi Abdillahi]

Seems like bb is going to make me instantly regret selling the remainder of my bb domains to another NR'er at bulk reseller prices yesterday. Well done @Abdullah Abdullah !!

Even though, I've been grilling bb policies lately, I still wish bb and their sellers to have success. It was one of the many reasons I recently liquidated. I look forward to seeing if and when bb sells the domain originally submitted by me. Generally and historically, to my knowledge bb sells made up brandables for more than the other marketplaces.

Thanks Grilled. I never have serious chance to BB until end of May and start of June of this year and I have been a member there for one year and two weeks.

I initially submitted and published one name which is still to.be sold.

 

[Grilled]

Thanks Grilled. I never have serious chance to BB until end of May and start of June of this year and I have been a member there for one year and two weeks.

I initially submitted and published one name which is still to.be sold.

I had a similar bb experience in terms of joining early, and waiting to publish. I joined February 2015, though I didn't publish any until September 2015 when I published my first 14, and another 19 in October 2015.

... will detail my entire timeline in full in another thread at a future date detailing the entire brandable industry from my respective.

 

[Grilled]

I was recently questioned, why am I still supporting bb after leaving them despite their choice to ignore me completely. The answer is because brandable sales is good for the industry, and as of now it appears they're leading the pack. I guess they subscribe to the notion If you don't talk about it, it will go away. Like MakerBot did when it was announced a hand gun could be printed with that technology. I took a lesson from MakerBot's playbook, and no longer write out B****B**** when I'm conscious of it. In light of being ignored, and still wishing to promote industry progress here's a streeeeeeetch at grilling another policy.

@Abdullah Abdullah used to have his brandable marketplace linked in his signature. He removed that, and in return, he added links to all of his bb domains.

Why doesn't bb track clicks, and if noticed the BIN came from an affiliate link, why not hook him up with some free credits and/or discount the 30% commission? I believe if sellers are to subscribe to exclusivity, there needs to be an additional incentive for them to direct a sale to BB.
​

Example:

Enduser: What other made up brandables domains do you own? Anything similar?
Seller: I have two CVAAV domains: ExampleNotOnbb.com for $1,290 or ExampleOnb.com for $2,000?
EndUser: Why the difference in price, they are nearly identical domains.
Seller: bb charges $10 for a description + 30% + $100 - $500 for the logo, even if you don't want it. I would have to remove it from bb if you want the domain at the $1,290 price, which will take 30 days pending nobody buys it within that time.​

 

[Grilled]

Example:

Enduser: What other made up brandables domains do you own? Anything similar?
Seller: I have two CVAAV domains: ExampleNotOnbb.com for $1,290 or ExampleOnb.com for $2,000?
EndUser: Why the difference in price, they are nearly identical domains.
Seller: bb charges $10 for a description + 30% + $100 - $500 for the logo, even if you don't want it. I would have to remove it from bb if you want the domain at the $1,290 price, which will take 30 days pending nobody buys it within that time.

Same person who questioned why I still support bb, just questioned why I used a CVAAV as an example, given, even if the enduser buys my CVAAV from bb, the sale is still $X,XXX profit.

In light of that, apply my example to a more valuable pattern such as a CVCV.com