Brandroot are after Brandbucket listed names

[Ralph2472]

Hello everyone.

Here is part of an eMail I got today from Brandroot. I have some names listed at Brandbucket; and Brandroot are offering incentives to transfer them.


"If you're interested in listing free with us, respond to this message for your personal coupon key, which you must use when you are on the edit domain details page (before you verify the name.)

Additionally, if you are interested in moving your names from BrandBucket to Brandroot, we offer great incentives to do so, including double the free listings, lower commission paid to us for the names you move over, and featured listings on a select few. If this interests you, please respond with the list of names you would move over and we will get back to you with what we can offer you and the names we would like to take to our site.

We have had a couple of individuals who have taken this opportunity and even sold a couple that were moved over within a month of being on our site. If you're not getting the expected results from your brandables at BrandBucket, give Brandroot an honest try. You most likely won't regret it.

Keep in mind that BrandBucket requires a 30 days notice for any names moved from their site."


I guess they're after everyones business in an aggressive way. I haven't sold any thing at Brandbucket; but I will leave my names there for now.

Regards

Ralph.

 

[Ralph2472]

I started this thread because I was a little annoyed at the initial email and it's ethical approach. However, after reading the posts by Rader from Brandroot and others, I have been enlightened, and I apologise.

Regards

Ralph

 

[equity78]

I started this thread because I was a little annoyed at the initial email and it's ethical approach. However, after reading the posts by Rader from Brandroot and others, I have been enlightened, and I apologise.

Regards

Ralph

You sparked a good discussion Ralph and probably got Brand Root some customers so don't be too hard on yourself.

The tags in this thread say UCE and Spam, Michael has said this was not spam.

 

[Kate]

Duly noted. Sorry too for the harsh words.

 

[equity78]

Looks like Margot and Brand Bucket are gearing up for the increased competition, email sent out

We are growing faster than ever before.

Sales are growing, inventory is increasing and affiliate partners are joining by the hundreds. We want you to grow with us. We are very excited to announce some exciting new tools to help you grow your sales with BrandBucket. Please read on!

Your own BrandBucket profile page.

We’re proud to introduce your own personal landing page featuring your domain names that you can promote, share and recommend. Every time your friends and social network connections share your page, you earn a credit towards future listing fees and more. So share away, and let the network effect save you some cash Become a partner and earn more cash.

BrandBucket is now on Commission Junction. We have accepted over 600 new partners into our affiliate program and the results are amazing. You too can join! By using your unique affiliate link to point customers to your portfolio, you can earn an additional 6% of the sale price when your names sell, and you can even earn commission on other domain name sales. All you have to do is just use your link and start blogging, Facebooking, Instagramming and tweeting. Yes It is that easy.

Leaner, faster and more shiny website.

We have been busy adding more features and making the website more responsive to more devices and potential customers. Transactions from mobile devices have doubled in the last three months. We created new segments for visitors to better search and find what they are looking for. We improved search and filtering tools to show more qualified related names.

Conversions from new website visitors have increased by 150% for organic traffic, 180% for Adwords and 300% for affiliates. We must be doing something right!

From 40 to 400 new names per month.

Two years ago we were adding an average of 40 new names per month. Recently we have been hitting the 400 per month mark! We are not compromising on quality as we grow, and we did hit a bit of a slowdown with the on-boarding process. To deal with the growth we recruited additional brand editors and logo designers. Our submission process is getting faster and we are aiming to making it even faster and more transparent with more enhancements on the way. We are still listening and improving so please keep the feedback coming.

Last but not least, we are expanding!

To be announced soon, we are joining forces with some insanely great new partners in the brandable business names space. Stay tuned for upcoming press releases.

Happy selling!

 

[Arief WN]

I think you should write about this one too...

A lot of good stuff in this thread, I wrote a post about the topic and this thread, the link is in signature. I think you are making good strides Michael getting the logos up fast, people can't and should not have to wait months to get a logo done.

 

[sids70]

Competition is always better for consumers. BB used to take a long time to approve/disapprove domain names - now they are shifting gears as they realize that there is competition and serious one. On a side note my Brandroot account is still not active probably because I applied for both designer and seller account. So I am still sticking to BB and NF. So far sold one domain at BB. But what I noticed that my own website which is a keyword domain name for brandable domains is jumping up and down and I think I may be developing it into full fledged website in few months once I finish existing projects.

 

[NameOffice.]

@evirtual1 I wrote this piece for you.

 

[urlurl]

I sold a lot more on BB before the hype and the huge dump of names on there. You may have a better change on these smaller sites...

 

[equity78]

I sold a lot more on BB before the hype and the huge dump of names on there. You may have a better change on these smaller sites...

Good point URL now that the inventory is so much greater there is a lot more competition and some will sell their names pretty cheap.

 

[weebobby123]

I have listed on all 3 websites in the past - BrandBucket , BrandRoot and Namerific.

To be honest with you given my previous experiences with Namerific and BrandBucket compared to my more recent experience of BrandRoot.

BrandBucket have gone from very strict criteria ( which was a good thing in IMHO ) to accepting maybe 1 in 2 of my submissions.

Namerific have become very slow to process names.

I think Brandroot has the best setup and I can see good things from them in the future. The logos are good , the processing times are great , response times etc and my best sale to date has been through them very recently.

I had far more names with BB and Nam yet have sold more with BrandRoot . Consequenty in future I will be concentrating (and where possible switching) my listings to the BrandRoot platform...

 

[NameOffice.]

Thank you for the kind words @weebobby123. Glad to hear of your success on our platform. Hope it continues that way.

 

[Robozy]

I agree that Brandroot has provided the best service and highest rate of sales of all the platforms.

I am very fond of BrandBucket, but I think they have made a big mistake in accepting too many low quality domains. The glut of names makes it more difficult for buyers to find your names and reduces your chance of sale. They have to process more names and deal with more sellers (including unreliable ones) slowing down their service dramatically. More choice does not necessarily make customers happier - it often leads to the reverse and makes the system less useful.

Keep up the good work Michael!

 

[NorthernLights]

This thread shows that Brandroot is taking the brandable marketplace by storm. The tactics used by Brandroot are smart business IMO since the communication that spurred this thread was just between Brandroot and domainers they already had a relationship with.

I have sold names at BrandBucket, Namerific, and Brandroot. Brandroot has been a great venue for me with several recent sales. For me, Brandroot has been as good or better than BrandBucket in terms of results. Namerific started out well for me but has fallen off fast.

Brandroot is worth a try for anyone with high quality brandable names they would like to explore selling. Brandroot is probably harder to get a name accepted with now than BrandBucket, but that is a good thing as end users won't be bombarded with junk names that have little chance to sell like I see happening at BB.

Best of luck to everyone with their names!

 

[Doron Vermaat]

This thread shows that Brandroot is taking the brandable marketplace by storm. The tactics used by Brandroot are smart business IMO since the communication that spurred this thread was just between Brandroot and domainers they already had a relationship with.

I have sold names at BrandBucket, Namerific, and Brandroot. Brandroot has been a great venue for me with several recent sales. For me, Brandroot has been as good or better than BrandBucket in terms of results. Namerific started out well for me but has fallen off fast.

Brandroot is worth a try for anyone with high quality brandable names they would like to explore selling. Brandroot is probably harder to get a name accepted with now than BrandBucket, but that is a good thing as end users won't be bombarded with junk names that have little chance to sell like I see happening at BB.

Best of luck to everyone with their names!

I sold several names at both BB and Namerific too but been listing my recent aquired names with Brandroot as well. I still too am very fond of BB but been slightly disappointed by their (very) slow response time, often canned responses and lack of personal attention they give to their sellers lately. My personal experience with BR has been excellent so far and even though i have yet to sell my first name with them i did received a couple of offers trough their platform already.

 

[weebobby123]

I would definitely agree with the others above that BR has a bright future if they keep going the way they are going while the other two have taken a step backwards in my opinion. Now to find some good names to submit!! Well done Brandroot!!!

 

[Jeeps]

For those who've sold names at Brandroot, any thoughts on the "Featured in selected categories for 90 Days" upgrade for $30? How about the "Feature on homepage for 90 Days" for $50? I imagine if you're going to go for one, you might as well spend the extra $20 for the homepage feature, as the category feature is included (please correct me if I've misunderstood).

If you have any numbers, case studies or thoughts you want to share Mr. @Rader please feel free.

 

[NameOffice.]

Hi @Jeeps (I love Jeeps and recently totaled my 1968 Jeep Wagoneer that had a roaring Chevy 350, Edelbrook headers, Turbo 400 transmission etc. You can see a picture of me and the rollover here. lol, long hair long gone BTW.) It was replaced with this beautiful 1984 Toyota Land Cruiser, however.

Anyway....

The featured options are ways to keep your names in front of more people. Many spotlight and featured names have been sold but I'm not sure that we have enough data yet to conclusively say that these publish options make for a faster sale. If it's a premium name, I would say that a featured option would get it the needed added attention, since they often require deeper pockets. The more people who see it, the better. On the other hand, featured listings for even not so premium names will do the same thing, get it front of more people, thus increasing it's chances for a sale. Featured listings do a few things:

1. They take less work to find
2. They get more attention through thumbs-up, commenting and clicks, which make them appear more desirable to visitors (since others seems to like the name... a good indicator that it may be a good name option).
3. For Spotlight names, the name is guaranteed to go out to our subscribers and shared across all our social media accounts (and sometimes with featured listings.) Not a huge deal, but it does get the name more attention than regular listed names do. We also sometimes "Boost" the name on our Facebook page to a targeted, entrepreneur audience, getting the name exposure to up to 200k Facebook users (depending on the boost budget and our budget to even do so)
4. Since listings appear from newest to oldest and featured names appear at the top of their respected pages, the domain takes much longer to lose its fresh and new factor, (a subject mentioned in the email sent out to Brandroot account holders today, which details a new, related Brandroot feature.)

With that in mind, we still sell many domains that are never featured. Many visitors actually enjoy spending the time to hunt and discover that elusive gem.

Thank you for the question!

 

[Domainerr]

Brandroot is really great, i listed only one domain with them and that was sold, good job....

 

[gblasting]

Will BrandRoot ever change its policy of not allowing users, who are yet to pay for some accepted names, to submit more names?

I submitted a name to BB and BR and its was accepted by both. I logged in to my BR account and I realised that I can not submit more names because I have not paid for the name that has been accepted, even though I have two names listed with them. This means if I ever decide to list the name with BB, I can't submit more names with my BR account, again! This is like compelling me to list the name with them. I definitely don't like how this looks.

 

[NameOffice.]

Will BrandRoot ever change its policy of not allowing users, who are yet to pay for some accepted names, to submit more names?

I submitted a name to BB and BR and its was accepted by both. I logged in to my BR account and I realised that I can not submit more names because I have not paid for the name that has been accepted, even though I have two names listed with them. This means if I ever decide to list the name with BB, I can't submit more names with my BR account, again! This is like compelling me to list the name with them. I definitely don't like how this looks.

Hi @gblasting,

Thank you for the feedback and for the opportunity to address this concern. You, and I believe only two others, have mentioned this about Brandroot so far. It is by no means a big concern but it gives me the chance to explain our rationale. We are continually seeking out every small delay that hold's up the line for our committed submitters, and then do what we can to eliminate them.

Long Answer: (see bottom for short answer.)
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For several (rather lengthy) reasons we have implemented this feature:

1. Brandroot is not a price evaluation tool. We were finding that a few people were submitting domains just to see how we would price them. Not only are we flexible on pricing but we also allow the submitter to recommend his/her own price, which we edit usually only slightly. So, to be upset about our suggested price cannot be the reason for not choosing to list with us. We are more than happy to change a price that you feel is unfair. We price according to what we believe it will sell for. If you want the price higher, that is up to you, but it will more than likely sit for quite awhile.
2. We have sent out several emails to our users asking them to only submit domains that they have 100% full intention on listing with us. By submitting domains that you are unsure about, other submissions are forced to wait longer for no valuable reason.
3. We take the time to manually review every submission, sometimes multiple times, to ensure it is a good fit for Brandroot. Furthermore, as a way to open our marketplace even more to domainers, we are nearly complete with a new account type that will be given to a few select (and trained) users, where they will be able to vote to accept or deny a domain, modify the price if needed and then select its categories. We will be paying these users for every vote they cast, so we want to avoid paying the users to vote for domains that may or may not get processed all the way. This feature you have mentioned prevents that greatly.
4. As mentioned here in our exclusivity requirement explanation, "Brandroot’s goal is to be positioned as a partnership of domain sellers and a business name club for buyers." We actually prefer not only exclusivity on domains listed on our site, but exclusive sellers. While that is of course not something we require, the sellers that are exclusive to our site are actually the ones who by far sell the most. The ones who spread out their listings reduce the odds of their domain being selected for purchase (at all of the marketplaces). The closer together your great domains are, the better the chance of selling, which is what our data is telling us. Choose a place and stick with it, is my advice. If you're unsuccessful, move them (all of them) somewhere else. So, with this feature in place we reduce the amount of Brandroot sellers who are not serious about our marketplace and increase the listing space for those who are, thus resulting in more sales for our "partner" domainers. From the onset of Brandroot this has been our goal, to have more prime sellers and less marketplace nomads. This is the same for our logo designers. Because we only have a select few designers, they get paid much more often, resulting in fast turnarounds, better and stricter requirements (from our end), and almost no burnout.

It's up to you to choose which brandable marketplace you want to list with, and you are more than welcome to submit some here and some there, but what we do frown upon is submitting your names everywhere and then deciding, after they are accepted, which marketplace to choose. It won't be tolerated at Brandroot and this feature will never be removed. It's one of the ones that set us apart and show our devotion to those who are devoted to us. If you feel compelled to list with BB, please do so. We are not in a position to persuade

With that being said, feel free to PM me the domains you would like removed from Brandroot so you can submit more domains. However, please note that we will not be able to do this again. I hope that our sellers expectations are clear now. Sorry for the long answer.


Short Answer:
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We want a marketplace of committed sellers, who sell much more often than marketplace nomads.