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

 

[Keith DeBoer]

 

[Keith DeBoer]

The fee is currently waived for all BB sellers on the Growth Program. If you joined BB before Jan 2017 than you need to send an email to [email protected] and ask to have your acct switched over. Don't worry it's free!

Here is the original announcement sent to all BB sellers via email in Jan 2017:

Introducing the BrandBucket Seller Growth Program
In our continuing efforts to improve seller experience, we are thrilled to announce the new BrandBucket Seller Growth Program. This opt-in program is aimed at reducing costs for sellers by eliminating the need to register domains prior to submitting them to our marketplace. As a seller, you can obtain an "appraisal" on submissions which will help you decide whether to purchase a domain. By not having to pay registration fees on names that are not accepted, your overall costs will decrease.

Here are the key features:

• Submit unregistered names. You register only the names that are accepted.
• $1 appraisal fee per submitted domain.
• $9 listing fee per accepted domains.
• $50 in initial credits if you sign up by January 12th.

To see exactly how much the Growth Program can save you, check out this cost calculator that will show the cost savings based on your current investing strategy on BrandBucket.

To get started with the Growth Program, email [email protected] and we will be happy to change your account and add 50 free credits* if you sign up by January 12th. Once you have made the switch, we would love hear your feedback to see how the program is working for you.
*Note: At present, you get 10 free credits, instead of 50, when you sign up

For more information, download this Growth Program document that discusses the program in more detail. As always, if you have any additional questions, feel free to email: [email protected].

Here's to a fruitful 2017!

 

[BrandCougar]

Your experience with a site largely is based on the individuals you have contact with.

I admit I am an avid fan of the new Growth Program. Spot on, outright, EXCELLENT program.

But, the following individuals deserve a shout out...

Julia - each and every communication with this person - top notch! Even on the topics that might have been frustrating for me and/or difficult to resolve, this person maintains a calm professional tone with each communication.

Christine - clear and concise with instructions and also inviting to work with. Plus, an email from her is $$, so always nice to hear from Christine asking for you to transfer a name.

Keith - @Keith DeBoer - makes an honest effort to respond timely and not only answer your question, but provides additional details / insight. The above posts are reflective of his passion for providing help.

I like conducting business face to face - yes - old school type guy. I like a handshake and looking someone straight in the eye when conducting business.

And I will also add that I think there are many things that BB could improve.

But, the above (3) individuals deserve Kudos for the way they conduct business as they add value to your experience with BB.

 

[Keith DeBoer]

There is an interesting and informative discussion going on in another location (link below) if anyone cares to read it or join in
BrandBucket Pre-Listing Qualification Question/Feedback

 

[Embrand]

I think it would be nice if it were possible to not have a public BrandBucket page. Or at least do as Brandpa and make the URL a random one that is difficult to find.

 

[Keith DeBoer]

Sorry, @Embrand . Not sure what you mean. Do you mean this thread on NP? or your BB profile/folio? or something else?

 

[Embrand]

Sorry, @Embrand . Not sure what you mean. Do you mean this thread on NP? or your BB profile/folio? or something else?

I'm not sure what I mean either No, I mean this one if using myself as example:

https://www.brandbucket.com/profile/embrand

 

[wwwulff]

I think it would be nice if it were possible to not have a public BrandBucket page. Or at least do as Brandpa and make the URL a random one that is difficult to find.

Can you elaborate on why you think it should be more difficult?

 

[Embrand]

Can you elaborate on why you think it should be more difficult?

I just think maybe it should be optional.

One concern I have is if a potential buyer finds a profile and sees that a name he or she is interested in is much more expensive than a pretty similar, older name.

CVCV.com prices have increased a lot in just a few years for example. You can buy the old listing xato(.)com for $17K, whereas new listing xito(.)com is listed at $75K... A buyer might, with reason, ask why there is such a huge difference.

Of course it would be preferable if BB adjusted some of these older prices, but I realize that is a big and difficult task. Adjusting up by 20 percent yourself won't help much.

 

[wwwulff]

One concern I have is if a potential buyer finds a profile and sees that a name he or she is interested in is much more expensive than a pretty similar, older name.

As long as both names are listed on BB, I think a buyer will find them anyway

Of course it would be preferable if BB adjusted some of these older prices, but I realize that is a big and difficult task. Adjusting up by 20 percent yourself won't help much.

I agree that it would be the best solution and personally I would have difficulty explaining a buyer why xito costs 58K more than xato (I think xito is better but 58K better ??) - Overall, I think that pricing sometime seems very random, for example I find it difficult to understand why Sylo have a pricetag of 150K and Vodi, (which is one of the best brandable in the video-on-demand genre) is priced 70K less - but maybe it's just me?

 

[Embrand]

As long as both names are listed on BB, I think a buyer will find them anyway



I agree that it would be the best solution and personally I would have difficulty explaining a buyer why xito costs 58K more than xato (I think xiti is better but 58K better ??) - Overall, I think that pricing sometime seems very random, for example. I find it difficult to understand why Sylo costs 150K and Vodi, (which is one of the best brandable in the video-on-demand genre) is priced 70K less - but maybe it's just me?

Yes, I guess you are right that the similar names will show up when the customer does a search anyway...

The pricing issue really is difficult. I have to admit I was also surprised by the sylo(.)com price tag.

 

[Keith DeBoer]

Good discussion.

@Embrand, A couple of points that might help you:

1. If you have a listing that was priced several years ago and you feel it's under-priced, send an email to BB and ask for a reassessment and potential price update. BB appreciates being alerted to an under-priced domain as it means more profits for both parties when/if a sale occurs.
2. Some BB sellers prefer to keep their BB folio private. If you would like to have more privacy for your BB folio you can simply go to your BB dashboard and edit your profile name. This should automatically change the URL of your profile to match your new name. If it doesn't, then contact BB and they will make the change you desire. Going forward, if you keep your new BB profile name and URL to yourself, it's unlikely anyone will be able to find or view your BB folio online.

 

[Embrand]

Good discussion.

@Embrand, A couple of points that might help you:

1. If you have a listing that was priced several years ago and you feel it's under-priced, send an email to BB and ask for a reassessment and potential price update. BB appreciates being alerted to an under-priced domain as it means more profits for both parties when/if a sale occurs.
2. Some BB sellers prefer to keep their BB folio private. If you would like to have more privacy for your BB folio you can simply go to your BB dashboard and edit your profile name. This should automatically change the URL of your profile to match your new name. If it doesn't, then contact BB and they will make the change you desire. Going forward, if you keep your new BB profile name and URL to yourself, it's unlikely anyone will be able to find or view your BB folio online.

Show attachment 89123

Thanks for this, @Keith DeBoer.

Yes, I know you can change profile name. I have done it a few times already actually. But it still gets indexed in Google I guess?

I guess you are right that BB would only be happy with higher prices. But I fear it takes a long time to have prices increased. I know it is not entirely the same, but Travis over at DomainShane just complained how long it takes to appeal a price (not sure if I am allowed to link):

https://dsad.com/travs-list-domains-auction-may-25th-2018/

 

[Keith DeBoer]

Yes, it's true, it takes a while to get appeal requests through the pipe. They are second priority after the review and publication of new names but even so, the wait time is too long.

 

[nitg16]

It seems BB is getting too many domain name submissions. I am experiencing delays in appraisals and editorials.

 

[BrandCougar]

>> "I am experiencing delays in appraisals and editorials."


For your comparison period, how many names have you submitted and over what period of time for each test period?

Meaning - what is your benchmark period you are comparing against?

The reason I ask - I am curious what you are using as a trend line and at what time period are you comparing it to.

For example - In the past 3 years the Review window and Editorial/Logo period has changed drastically. Previously from April 2015 through to March 2016 the wait period was off the scale crazy and took 90+ days from Submit to Publish. Today the Review window and Editorial period combined runs around 20 days from Submit to Publish. Over 300+ names submitted back in the 2015/2016 period mentioned and also another 300+ names submitted recently (past 90 days) as our benchmark comparison.

In this example - the experience has been a 4X (4-fold) reduction in wait period.

 

[Recons.Com]

If the publishing fee comes back. This is how the comparison looks:

OLD PROGRAM
100 submitted
15 accepted (15%)
Registration fees: 100 X $9 = $900
BrandBucket listing fees: 15 X $10 = $150
Total: $1050
$70 per published name

GROWTH PROGRAM
100 submitted
15 accepted (15%)
Registration fees: 15 X $9 = $135
BrandBucket submission fees: 100 X $1 = $100
BrandBucket listing fees: 15 X $9 = $135
Total: $370
$24.67 per published name

With all due respect, you are not comparing apples to apples.

You are treating unpublished names as trash with zero value, while they can be listed on BR, BP, Afternic, Sedo, own platform etc.

So Old Program cost is actually $9 to register, $10 to list per name, $19/name total per published name.

The other 85 names have zero relevance to BB and shouldn't be part of your math. I sell more % of BB rejected names than I sell % of BB listed names.

 

[wackawacka1]

I'm new to BB and just submitted a little over 20 names. I submitted my first batch of like 10 or so names on 5/25 with more every day since. All of them are still pending review except for one that I submitted 5/27 which got rejected pretty quickly (within a day or so). I must admit it was a crappy name, but is that typical? Do they have an initial filter with a quick rejection for some names and then take some time to either accept or reject others, or does that mean the rest of mine all have a good chance of being accepted? Thanks, and sorry for being such a noob!

 

[Michael M]

I'm new to BB and just submitted a little over 20 names. I submitted my first batch of like 10 or so names on 5/25 with more every day since. All of them are still pending review except for one that I submitted 5/27 which got rejected pretty quickly (within a day or so). I must admit it was a crappy name, but is that typical? Do they have an initial filter with a quick rejection for some names and then take some time to either accept or reject others, or does that mean the rest of mine all have a good chance of being accepted? Thanks, and sorry for being such a noob!

If I remember correctly, names that had been rejected previously will come back as rejected pretty quickly.

 

[nitg16]

I'm new to BB and just submitted a little over 20 names. I submitted my first batch of like 10 or so names on 5/25 with more every day since. All of them are still pending review except for one that I submitted 5/27 which got rejected pretty quickly (within a day or so). I must admit it was a crappy name, but is that typical? Do they have an initial filter with a quick rejection for some names and then take some time to either accept or reject others, or does that mean the rest of mine all have a good chance of being accepted? Thanks, and sorry for being such a noob!

It looks like you submitted a previously rejected name. So it was automatically rejected again within 24 hours after submission (without a manual review).