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

 

[slimjim270]

2 years ago... I would have jumped on this program.

I joined BrandBucket in Oct 2014, submitted 930+ names and had 330+ accepted (published). Almost all the names were handregs. I had this ambitious goal and was driven to be one of the Top 10 players on the platform in account size. Along the way, I met several terrific and extremely insightful individuals. Most I met thru this thread and the NamePros Forum.

For the model I mentioned above, this new program is outstanding and I give kudos to BB for giving it a try.

But...

I would like to share this for anyone new to the "brandables" party....

I quickly realized over the past 2 years that ROC (return on capital) was key to "brandables" success. Revenue / total inventory is a terrific metric for measuring performance. And if your Sale $ average per inventory count did not exceed your Cost $ per inventory count on an overall litmus test, then you should reflect on your domain investment approach.

Along those lines, if you invest in "brandables" (whether on BB or any other marketplace) and do not receive at least a 2% sales rate on your inventory, you should seriously either consider selling off your portfolio to someone else and investing in all natural, piles of Flamingo shi*... or you should seriously consider finding ways to drive traffic to you each and every individual SLP (sales landing page) for each and every name you have listed on the site.

Sitting back and dreaming of riches is fun over drinks at New Years.

But taking action to help drive your sales rate and increase your cash flow is key to success.

Domains are investments, not trophies!!

Overall - I give kudos to BB for providing a program that would cut cost for those looking to ramp up and are dancing the "brandables" waltz. My only question... are you tracking size or taking action to drive ROC?

I hope the feedback is helpful...

-Jim

 

[Abdullah Abdullah]

Even though all my BB ssles were from $1 handregs , I believe this wasnt for me after I discovered something

 

[Justin Matmor]

Even though all my BB ssles were from $1 handregs , I believe this wasnt for me after I discovered something

good or bad?

 

[PowerDN]

The first thing on my mind when I heard about the seller growth program is:
great! BB now has an incentive to reject your submission. With overcrowded names on their marketplace, they need to reduce the acceptance rate, while still be able to get one dollar for every name rejected.

 

[Justin Matmor]

99% of the rejections would never sell anyway. No wonder they are getting rejected.

 

[Brandworthy]

99% of the rejections would never sell anyway. No wonder they are getting rejected.

Based on what evidence?

A substantial % of my 2016 revenue came from names rejected by BB.

 

[Justin Matmor]

Based on what evidence?

A substantial % of my 2016 revenue came from names rejected by BB.

Anacdotal evidence.
You must be part of the 1%.

 

[Abdullah Abdullah]

good or bad?

I am using bb and publishing names so it must be good right ?

 

[anantj]

Even though all my BB ssles were from $1 handregs , I believe this wasnt for me after I discovered something

What? Help us out as well

 

[Brandworthy]

You must be part of the 1%.

Or perhaps your anecdotal evidence isn't worth as much as real-life experience?

 

[Keith DeBoer]

Sales are sales. Wherever they occur they are good. Congrats!

 

[parkerpeter223]

I've also heared about brandbucket. Would anyone like to share the names they have resubmitted

 

[Haykay2005]

Following

 

[Dnbolt]

Lot's of names were pulled away from brandbucket by BB's former brand ambassador. Seems to have given efty a boot too. Now revolutionise his site to give user's a new brandiogo experience.
Can we still use the logo that BB designed if pulling away some domains?

 

[campout]

Can we still use the logo that BB designed if pulling away some domains?

I would guess no -- that logo is still the property of BrandBucket.

 

[boker]

Lot's of names were pulled away from brandbucket by BB's former brand ambassador. Seems to have given efty a boot too. Now revolutionise his site to give user's a new brandiogo experience.
Can we still use the logo that BB designed if pulling away some domains?

Dnbolt, you have an idea how many sales had Andrew on average before, at BB and at brandiogo? Looks like most of the names are priced for around 700-800$, less than half of BB price. I wonder what's the difference between BB annual % rate and brandiogo %annual rate.

 

[hookbox]

He owns around 1,000 names so I doubt you can get much from his new site that only has 65 names on it. None of those are BrandBucket logos by the way.

If you like the simple and modern design of his site the link is below.

http://savoy.nordicmade.com/

 

[Dnbolt]

Dnbolt, you have an idea how many sales had Andrew on average before, at BB and at brandiogo? Looks like most of the names are priced for around 700-800$, less than half of BB price. I wonder what's the difference between BB annual % rate and brandiogo %annual rate.

By no doubt Andrew is a branding specialist and has been one of BB's top powerhouses. Last year scored for BB about 16+ sales. Averages out to be about 1+ sales every month with average price of $2K per piece.
@hookbox is very correct about brandiogo site itself. You can almost always rely on him for uncommon knowledge.

Note: The stats does NOT consider or care if some names might have sold to another bb user on namepros. (as this usually happens).

 

[hookbox]

By no doubt Andrew is a branding specialist and has been one of BB's top powerhouses. Last year scored for BB about 16+ sales. Averages out to be about 1+ sales every month with average price of $2K per piece.
@hookbox is very correct about brandiogo site itself. You can almost rely on him for uncommon knowledge.

Almost?

 

[Dnbolt]

Almost?

"almost always" seems better

 

[Dnbolt]

I had vizidot/com as sold since last year nov 2016 but now it's relisted for sale on bb.

Does it mean that new owner relisted it for sale or it never sold ?

 

[thedotsol]

I had vizidot/com as sold since last year nov 2016 but now it's relisted for sale on bb.

Does it mean that new owner relisted it for sale or it never sold ?

Could be the case buyer didn't renew the domain, so it got dropped and other BB seller caught it? Is it listed with same BIN as before it get sold by you?

 

[Dnbolt]

Could be the case buyer didn't renew the domain, so it got dropped and other BB seller caught it? Is it listed with same BIN as before it get sold by you?

Yea listed with the same BIN but did not drop.

 

[PowerDN]

I had vizidot/com as sold since last year nov 2016 but now it's relisted for sale on bb.

Does it mean that new owner relisted it for sale or it never sold ?

Was it yours?

 

[Dnbolt]

Was it yours?

Nope.