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

 

[namemarket]

Right BB was just reporting how many sellers not how many domains sold.

The difference is somewhat Inconsequential in that the chance of a sale is about 1.25% a year based on 1 name per seller per month (708 total BB platform sales a yr) vs 2.5% a year if all 59 sellers sold on average 2 names each per month (1,416 total BB platform sales a yr), which seems unlikely (if my math is right).

 

[Grilled]

23,304 currently publishes invented 8L or less. // 24,886 total invented domains published.

Opposed to 30,759 total keyword domains published.

Another thing to consider (which could sway the keyword to invented sales ratio) is defining the definition of 'invented' VS 'keyword' and being open to a margin of error that some sales are miscategorized.

For the above audit, I used BB search tool. Selecting invented. Then incrementally sorted by the amount of letters, to give the aforementioned 4L-8L invented Inventory.

I took a quick look at keyword domains, and the first one that stuck out (at first look) as more of an invented domain, was D a p p i a.

Taking into account that domains like D a p v u, D a p z o, and D a p p t i c are categorized as invented domains.

So why is D a p p i a considered a keyword domain?

Those knowledgeable about the crypto industry probably spotted one difference quicker than those who aren't. Difference being dap (generally a pure made up CVC unless you're talking about the verb:

1. fish by letting the fly bob lightly on the water without letting the line touch the water.

VS DAPP being the invented keyword that represents decentralized APPs.

So then why is D a p p t i c categorized as an invented domain whereas D a p p i a is categorized as a keyword domain?

My guess:

D a p p i a = keyword + ia suffix. Thus their reasoning for keyword classification?

D a p p t i c = keyword + tic suffix. / A play on haptic. When considering a blend between analytic, haptic, and DAPP, one might call it a portmanteau. Though, full disclosure, the bb newsletter taught me that word, and this is the first time I've used it in a sentence. Thus, this invented keyword (DAPP) + tic = ? However, the description doesn't mention haptic or analytic, nor is the domain searchable for the search term 'haptic'.

W a v e t i c = (another 7L ending in tic) is classified as a keyword domain. Could D a p p t i c also be classified as a keyword domain since they also categorize D a p p i a as a keyword domain?

 

[namemarket]

Does anyone know how many individual sellers there are who have listed the approx' 55,000 names said to be for sale on BrandBucket, of which 59 sellers are said to have sold at least 1 name n April

P.S. I am not a BB member and little knowledge on how popular BB is or cost of a listing and logo.

 

[Embrand]

Does anyone know how many individual sellers there are who have listed the approx' 55,000 names said to be for sale on BrandBucket, of which 59 sellers are said to have sold at least 1 name n April

P.S. I am not a BB member and little knowledge on how popular BB is or cost of a listing and logo.

I don't know how many sellers there are. But in my dashboard it says that my portfolio of 224 names that I have published in total since becoming a seller is "larger than 95% of sellers". But hard to tell exactly what the average is.

What I do know is that review and publishing times are again taking forever. One of my names has waited almost a month to get published.

Also, in April's newsletter, Margot said "there are some cool things coming in May, so stay tuned for next month's newsletters!" I didn't spot anything cool in May's newsletter, but maybe it's just me...

 

[hookbox]

I don't know how many sellers there are. But in my dashboard it says that my portfolio of 224 names that I have published in total since becoming a seller is "larger than 95% of sellers". But hard to tell exactly what the average is.

What I do know is that review and publishing times are again taking forever. One of my names has waited almost a month to get published.

Also, in April's newsletter, Margot said "there are some cool things coming in May, so stay tuned for next month's newsletters!" I didn't spot anything cool in May's newsletter, but maybe it's just me...

It still baffles me that you don't get some type of priority for the dollar amount of sales that you have at BB. I am not privy to this info but I would easily assume that you are their top seller based on the price of domains that you have sold there. You are more than a VIP to them and Margot should have given you her cell number long ago to communicate however and whenever you so choose.

 

[Embrand]

It still baffles me that you don't get some type of priority for the dollar amount of sales that you have at BB. I am not privy to this info but I would easily assume that you are their top seller based on the price of domains that you have sold there. You are more than a VIP to them and Margot should have given you her cell number long ago to communicate however and whenever you so choose.

Thanks. I know for a fact that several big sellers have left now or are unhappy, so I think BB really needs to take these issues seriously.

 

[hookbox]

Thanks. I know for a fact that several big sellers have left now or are unhappy, so I think BB really needs to take these issues seriously.

Customer service for such a small business is so easy. I don't get it with this company.

 

[NamesMax]

Thanks. I know for a fact that several big sellers have left now or are unhappy, so I think BB really needs to take these issues seriously.

I am one that left the platform about a year and a half ago. I had over 300 names (That was $3,000 in listing fees) on the platform over 2 years. Only 4 sales, the highest was $1,600. As far as I can discern, It is just an expensive landing page. What do they do to drive traffic to my names to justify the $10 plus 30% plus $100 - $300 logo fee? Do people really search through the names on the site, or just happen upon the name as they type it in to see if it is registered? I lost a lot of money listing with them.

 

[namemarket]

..... the $10 plus 30% plus $100 - $300 logo fee.....

huhhh? can you please clarify the bottom line cost of listing 1 name at BB with a good looking logo?

 

[NamesMax]

huhhh? can you please clarify the bottom line cost of listing 1 name at BB with a good looking logo?

Somethings may have changed since I left, but when I was listing there, here were the costs:

1. Once your name was accepted, it cost you $10 to publish it. (Actually list it) This fee is paid up front. That was the $3,000 I was talking about. (300 x $10)

2. You would then agree to pay $100, $200 or $300 for the logo development. You would only pay this if the name sold.

3. If the name sold BB charged a 30% commission plus the logo fee mentioned above.

So listing 1 name it would cost you $10

If you selected the lowest price logo, which is $100 and the name sold for $3,000, BB would charge $1,000: The 30% commission ($900) plus the $100 logo fee. Considering the $10 listing fee, you only net $1,990. Of course you need to factor in your purchase of the name and any renewals.

BB also demands exclusivity, so it can not be sold on other venues or even through a private deal.

 

[equity78]

Somethings may have changed since I left, but when I was listing there, here were the costs:

1. Once your name was accepted, it cost you $10 to publish it. (Actually list it) This fee is paid up front. That was the $3,000 I was talking about. (300 x $10)

2. You would then agree to pay $100, $200 or $300 for the logo development. You would only pay this if the name sold.

3. If the name sold BB charged a 30% commission plus the logo fee mentioned above.

So listing 1 name it would cost you $10

If you selected the lowest price logo, which is $100 and the name sold for $3,000, BB would charge $1,000: The 30% commission ($900) plus the $100 logo fee. Considering the $10 listing fee, you only net $1,990. Of course you need to factor in your purchase of the name and any renewals.

BB also demands exclusivity, so it can not be sold on other venues or even through a private deal.

No more logo fee,

Elimination of post-sale logo awards
Since its inception as a marketplace that connected domain investors with professional logo designers, BrandBucket’s compensation model for its designers was to pay an award at the time of sale, and nothing at the time the logo was created. These awards, ranging from $100 to $500 (depending on the designer’s expertise) allowed many artists around the world to support themselves while also refining their skills. This model also allowed BrandBucket’s sellers to defer logo design fees to only if/when a sale happened, rather than paying a smaller logo design/listing fee for each listed name.

Due to increasing popularity of services like Fiverr in the past few years, more and more of the designers in our community expressed interest in being paid a smaller amount upfront rather than the promise of a larger amount in the future. Sellers on our Slack channel have also voiced opposition to post-sale logo awards. We are listening, and we hear you.

Starting on April 1st, 2019, sellers pushing domain names forward for listing will no longer be asked to select an additional post-sale logo design award. At the same time, all logo designers will be paid $5 upfront by BrandBucket for their logo designs. Please note however, that any domain name with a publishing date prior to April 1st, 2019 will still have the original post-sale logo award (this includes currently published names, and any previously published names that are re-published after April 1st.)

Continuation of $0 listing fees
In December of 2016 BrandBucket launched a program which required a $1 fee per submitted domain, and a $9 listing fee (also sometimes referred to as a logo design fee or publishing fee). In August of 2017 we (temporarily) waived the $9 listing fee, and it has been waived until now. We are pleased to announce that we will continue to waive the listing fee through the end of 2019.

https://tldinvestors.com/2019/04/brandbucket-announces-3-changes.html

 

[Recons.Com]

No more logo fee,

Elimination of post-sale logo awards
Since its inception as a marketplace that connected domain investors with professional logo designers, BrandBucket’s compensation model for its designers was to pay an award at the time of sale, and nothing at the time the logo was created. These awards, ranging from $100 to $500 (depending on the designer’s expertise) allowed many artists around the world to support themselves while also refining their skills. This model also allowed BrandBucket’s sellers to defer logo design fees to only if/when a sale happened, rather than paying a smaller logo design/listing fee for each listed name.

Due to increasing popularity of services like Fiverr in the past few years, more and more of the designers in our community expressed interest in being paid a smaller amount upfront rather than the promise of a larger amount in the future. Sellers on our Slack channel have also voiced opposition to post-sale logo awards. We are listening, and we hear you.

Starting on April 1st, 2019, sellers pushing domain names forward for listing will no longer be asked to select an additional post-sale logo design award. At the same time, all logo designers will be paid $5 upfront by BrandBucket for their logo designs. Please note however, that any domain name with a publishing date prior to April 1st, 2019 will still have the original post-sale logo award (this includes currently published names, and any previously published names that are re-published after April 1st.)

Continuation of $0 listing fees
In December of 2016 BrandBucket launched a program which required a $1 fee per submitted domain, and a $9 listing fee (also sometimes referred to as a logo design fee or publishing fee). In August of 2017 we (temporarily) waived the $9 listing fee, and it has been waived until now. We are pleased to announce that we will continue to waive the listing fee through the end of 2019.

https://tldinvestors.com/2019/04/brandbucket-announces-3-changes.html

$0 listing fee is just a gimmick. They charge you $1 per name just to look at it and will approve around 10% of your names still capturing $10 per listed name.

 

[Embrand]

As far as I can discern, It is just an expensive landing page.

Yes, that is the tricky part. How many names are actually sold because of BB's marketing effort? And how many would have sold anyway? It's impossible to know I think, but it seems sellers who have left are doing just fine using Afternic/Undeveloped/Efty or own landing pages.

 

[karmaco]

$0 listing fee is just a gimmick. They charge you $1 per name just to look at it and will approve around 10% of your names still capturing $10 per listed name.

Yes and think about when they actually reviewed in good time all the multiple $1 submissions for the same name in auction or pending drop. I still can’t believe people dish out hundreds maybe thousands just for review. If I submitted it unregistered and someone else does a month from now we both still pay a $1.

I have been submitting and listing at SquadHelp for free.

 

[BRANDERX]

It is troubling to see sellers leaving & complaining, especially sellers like embrand & others.

We don't know what it means tho, because many new sellers are joining everyday, with large & expensive portfolios.

They are still the dominant brandable marketplace, right?

On a different note, someone asked how many sellers do they have, well in a 2014 interview with Margot, I think she said 3000 different sellers.

If so, the number must be bigger now, 5 years later.

The majority of the domains are with a very small number of sellers.

Do the math, if you know 10 sellers with 1500-2500 domains, thats around half the inventory.

0 listing & logo fee, is a good thing, don't try to spin it guys..

Also, on every other brandable marketplace, your domain is literally locked up there, but BB list it on Sedo & its extended network of registrars etc.. Also a good thing imo.

Yes they don't do enough in terms of marketing etc, but it Makes it less of a numbers game imo.

Look at the SquadHelp top sellers, the majority of the sales are by one seller, truly a numbers game.

 

[Embrand]

It is troubling to see sellers leaving & complaining, especially sellers like embrand & others.

We don't know what it means tho, because many new sellers are joining everyday, with large & expensive portfolios.

They are still the dominant brandable marketplace, right?

On a different note, someone asked how many sellers do they have, well in a 2014 interview with Margot, I think she said 3000 different sellers.

If so, the number must be bigger now, 5 years later.

The majority of the domains are with a very small number of sellers.

Do the math, if you know 10 sellers with 1500-2500 domains, thats around half the inventory.

0 listing & logo fee, is a good thing, don't try to spin it guys..

Also, on every other brandable marketplace, your domain is literally locked up there, but BB list it on Sedo & its extended network of registrars etc.. Also a good thing imo.

Yes they don't do enough in terms of marketing etc, but it Makes it less of a numbers game imo.

Look at the SquadHelp top sellers, the majority of the sales are by one seller, truly a numbers game.

Yes, there are still many good things about BB. For example that domains can get listed at Sedo as well as you mention. And it does seem like new sellers are joining all the time. Recently, they were adding around 600 new names per week. That's almost 30,000 a year! Seems to be down to around 300 now, though.

 

[Recons.Com]

It is troubling to see sellers leaving & complaining, especially sellers like embrand & others.

We don't know what it means tho, because many new sellers are joining everyday, with large & expensive portfolios.

They are still the dominant brandable marketplace, right?

On a different note, someone asked how many sellers do they have, well in a 2014 interview with Margot, I think she said 3000 different sellers.

If so, the number must be bigger now, 5 years later.

The majority of the domains are with a very small number of sellers.

Do the math, if you know 10 sellers with 1500-2500 domains, thats around half the inventory.

0 listing & logo fee, is a good thing, don't try to spin it guys..

Also, on every other brandable marketplace, your domain is literally locked up there, but BB list it on Sedo & its extended network of registrars etc.. Also a good thing imo.

Yes they don't do enough in terms of marketing etc, but it Makes it less of a numbers game imo.

Look at the SquadHelp top sellers, the majority of the sales are by one seller, truly a numbers game.

Actually not sure who is spinning here.

Free logo: I am not adding any further, so no change for me as older names still pay it.

No listing fee: how is it no listing fee??? I submit 100 names, get 10 approved, that is $100 paid for 10 names or $10 per name. How is it different than before?

Now about 600 names added weekly or 30000 a year: and yet, in almost 2 years since they reached 50k names, they have reached just 55k now showing the extent at which old sellers are living.

Sedo: not much use without landers. I have 500 names listed there with 0 sales in many years.

 

[trelgor]

It is troubling to see sellers leaving & complaining, especially sellers like embrand & others.

We don't know what it means tho, because many new sellers are joining everyday, with large & expensive portfolios.

They are still the dominant brandable marketplace, right?

On a different note, someone asked how many sellers do they have, well in a 2014 interview with Margot, I think she said 3000 different sellers.

If so, the number must be bigger now, 5 years later.

The majority of the domains are with a very small number of sellers.

Do the math, if you know 10 sellers with 1500-2500 domains, thats around half the inventory.

0 listing & logo fee, is a good thing, don't try to spin it guys..

Also, on every other brandable marketplace, your domain is literally locked up there, but BB list it on Sedo & its extended network of registrars etc.. Also a good thing imo.

Yes they don't do enough in terms of marketing etc, but it Makes it less of a numbers game imo.

Look at the SquadHelp top sellers, the majority of the sales are by one seller, truly a numbers game.

The successful seller at SH has made it thanks to hard work. The concept of ”Numbers game” don’t have much to do with it, part from the nature of domaining in general. BB as a marketplace does not generate enough sales to keep seasoned sellers happy in my experience. You really need to question where the proceeds are invested. It should be directed towards end user marketing. Is it?

 

[BRANDERX]

The successful seller at SH has made it thanks to hard work. The concept of ”Numbers game” don’t have much to do with it, part from the nature of domaining in general. BB as a marketplace does not generate enough sales to keep seasoned sellers happy in my experience. You really need to question where the proceeds are invested. It should be directed towards end user marketing. Is it?

Yes absolutely, hard work & talent, congrats to them, but the fact they own a considerable percentage of the listed names also helped. In any case, exclusivity is problematic imo.

Yes absolutely, BB should reinvest in marketing & other improvements.

 

[BRANDERX]

Actually not sure who is spinning here.

Free logo: I am not adding any further, so no change for me as older names still pay it.

No listing fee: how is it no listing fee??? I submit 100 names, get 10 approved, that is $100 paid for 10 names or $10 per name. How is it different than before?

Now about 600 names added weekly or 30000 a year: and yet, in almost 2 years since they reached 50k names, they have reached just 55k now showing the extent at which old sellers are living.

Sedo: not much use without landers. I have 500 names listed there with 0 sales in many years.

I understand it frustrates you.

May I ask, why do you still have those names listed? Did you try moving them to other brandable marketplaces?