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

 

[Candace]

He would much rather have at least 70% of his own sales then to take your 30%. This is under the assumption that he actually pays 30% commission on his own inventory. Naive to think that. He gets a percentage of all BB sales and his contract may be that he pays no commission on his own sales as his salary plus commission on everyone else's sales. We don't know but it makes since from a business perspective for BB because it's no out of pocket costs to them and it's totally performance based.

He stated in the 'comments' section this TLD investors article that he pays commissions. This is not me defending him - I think the fact that he sells on BB while being the managing director is a conflict of interest just like most people. So this is just an fyi.

 

[hookbox]

He stated in the 'comments' section this TLD investors article that he pays commissions. This is not me defending him - I think the fact that he sells on BB while being the managing director is a conflict of interest just like most people. So this is just an fyi.

What else is he going to say? I pay no commission or I pay 10% commission or I pay 20% commission. There would be an uproar if he said anything other than 30%. Why would he open up a can of worms when he can just let the question fall right off his back. It could be 30% commission and it could not be. No one knows for certain but I don't believe anything just because I read it.

 

[JimJammy]

What else is he going to say? I pay no commission or I pay 10% commission or I pay 20% commission. There would be an uproar if he said anything other than 30%. Why would he open up a can of worms when he can just let the question fall right off his back. It could be 30% commission and it could not be. No one knows for certain but I don't believe anything just because I read it.

Michael said

In addition, I also pay exactly the same commission rate (30%) for each of my sales.

It really doesn't get any clearer than that. To suggest that Michael is lying is unfair and unjust.

 

[hookbox]

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

@JimJammy

Since you exclusively deal with 5 letter domains only, then you are probably best to answer this question. You stated that your acceptance rate was 32% when BB had higher standards of acceptable names. You stated that only 1 out of every 10 were accepted but now 9 out of every 10 of your names are accepted. So the question is, as the quality of accepted names has decreased have your sales increased? You are the perfect person to answer this question because you deal with one exact niche on BB.

 

[JimJammy]

@JimJammy

Since you exclusively deal with 5 letter domains only, then you are probably best to answer this question. You stated that your acceptance rate was 32% when BB had higher standards of acceptable names. You stated that only 1 out of every 10 were accepted but now 9 out of every 10 of your names are accepted. So the question is, as the quality of accepted names has decreased have your sales increased? You are the perfect person to answer this question because you deal with one exact niche on BB.

You are welcome to read my BrandBucket experience (in my signature). I shall update this again next June (another year).

 

[Grilled]

Is everyone aware of bb's "Name My Company" page?

 

[hookbox]

You are welcome to read my BrandBucket experience (in my signature). I shall update this again next June (another year).

I did it read it. The question is, as BrandBucket's quality of accepted names has decreased has your sales increased? It's a very simple question. You had 1 in 10 rejected but now have 9 in 10 accepted. Since you only deal with the exact niche of 5 letter domains you are the perfect person to answer the question because there are no variables in your keywords. They are all made up names. Meaning they are all basically the same.

The reason I ask is, I have not seen many 5L sales in the last 3-6 months from BB lately and the only ones that have sold are aged 5Ls and I know you only deal with hand reg 5Ls and names that people drop so I know those aren't your sales.

There is a lot of talk about pronounceable 5Ls and their value. Do you think just because a 5L is pronounceable does that make it sellable? With 806 "pronounceable" 5L names at BB you should have a very unique perspective on BB's sales patterns.

 

[JimJammy]

I did it read it. The question is, as BrandBucket's quality of accepted names has decreased has your sales increased? It's a very simple question. You had 1 in 10 rejected but now have 9 in 10 accepted. Since you only deal with the exact niche of 5 letter domains you are the perfect person to answer the question because there are no variables in your keywords. They are all made up names. Meaning they are all basically the same.

The reason I ask is, I have not seen many 5L sales in the last 3-6 months from BB lately and the only ones that have sold are aged 5Ls and I know you only deal with hand reg 5Ls and names that people drop so I know those aren't your sales.

There is a lot of talk about pronounceable 5Ls and their value. Do you think just because a 5L is pronounceable does that make it sellable? With 806 "pronounceable" 5L names at BB you should have a very unique perspective on BB's sales patterns.

I'm not, by any means, a brandbucket/brandable 'expert' but I am more than prepared, with my limited experience, to help any domainer that asks me for assistance in this area. I am not prepared to pander to the whims of a non-brandbucket member that spends all of his time in this thread attacking Michael/Brandbucket and is only looking for more ammunition to continue to do so.

This thread is supposed to be about your personal brandbucket experience.

As for your investigations into my portfolio...

This thread is for BrandBucket Reviews, not for personal investigations of members of BrandBucket.

Thanks

 

[hookbox]

I'm not, by any means, a brandbucket/brandable 'expert' but I am more than prepared, with my limited experience, to help any domainer that asks me for assistance in this area. I am not prepared to pander to the whims of a non-brandbucket member that spends all of his time in this thread attacking Michael/Brandbucket and is only looking for more ammunition to continue to do so.

This thread is supposed to be about your personal brandbucket experience.

As for your investigations into my portfolio...


Thanks

I never said you were a brandable expert. I was asking a very simple question about brandables through your BrandBucket experience. It was a very simple question that many members here would love to hear.

 

[Grilled]

Browse featured bb clients by their logo.

https://www.brandbucket.com/clients-testimonials

Credit Incentive for designers:

 

[JimJammy]

The latest newsletter is out. Double click attachment if you can't see it on your device.

 

[Shimmy]

You guys think all the honey searches were from people in the honey making business? , or is this word used in some tech I don't know about?

 

[JimJammy]

You guys think all the honey searches were from people in the honey making business? , or is this word used in some tech I don't know about?

I don't know the answer but I've just looked at new pages appearing in google in the last month...
https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=honey&tbs=qdr:m

I'm guessing it was to do with those "Armed robbers take honey buns from Detroit gas station".

Joking aside, this is a great search to know as it could give clues now or in the future.

 

[hookbox]

Don't go running out and registering Honey domains. I'm sure it was people typing in Money and doing the typo Honey.

Powerhouse keyword searches like Tech, Design, Food, Fashion, Health etc.....and Honey thrown in the middle of those huge words. Come on.

Maybe it was just one guy obsessed with finding a name for his Honey making business. LOL

 

[Shimmy]

Good point, has money or finance been listed as top terms in the past?

 

[Simdes]

You guys think all the honey searches were from people in the honey making business? , or is this word used in some tech I don't know about?

I'm not sure about making business, but I sold one "honey" name last week...

 

[Shimmy]

I'm not sure about making business, but I sold one "honey" name last week...

did the name sound tech related or food related?

 

[Simdes]

did the name sound tech related or food related?

No relations, just "honey" + suffix...

 

[Recons.Com]

I have been critical of BB in this and other threads, so it is only fair and right to give credit where credit is due.

I have got 2 sales with BB within past few weeks on the portfolio of about 56 names that have been there less than half a year in average.

Great job and thanks to BB!

 

[hookbox]

I have been critical of BB in this and other threads, so it is only fair and right to give credit where credit is due.

I have got 2 sales with BB within past few weeks on the portfolio of about 56 names that have been there less than half a year in average.

Great job and thanks to BB!

4Ls?