Discuss BrandBucket Rejects

[starizec]

My rejected names
R e c y c l i f y
S q u a d T a s k
F e a t f u l
E x c e s i o r

Any thoughts?

 

[Grilled]

Office/Admin Expenses

Servers / Programs / Licenses

The list could go on. Just wondering where the bulk of the assumed $100k monthly overhead is going.

 

[hollywood]

I'm curious to how you would break down the assumed monthly $100k operating expenses by percentages.

I use operating expenses loosely and lump almost every expense except advertising as op ex.
What I meant was probably cash flow, again loosely speaking ... but cash flow is flow so it can be used for op ex. I think logo designers are paid from the name sale directly? And I would think admin salaries wouldn't be more than 10k a month total?

Actually thinking about it, I would budget op expense from slotting fees since those are more predictable than domain sales right? Or to the point @4pm was raising, they might be much more predictable.

 

[Grilled]

I think logo designers are paid from the name sale directly?

I remember hearing something about the logo designer getting to choose if they want an upfront amount or if they want to wait for the big amount when / if the domain sells. I could be wrong on this.

 

[golan]

Got rejected:

wholooks
foxgrape
squic
orbilis
idealfox
nottonight
railfox
bernod
investpoll
mixcape

I was so sure about 3 and 4. But okay, they know better.

Two others accepted.

 

[hookbox]

I would think they have at least $100k per month for operating expense, assuming $4 mil annual sales @ 30% gross...

They sold 84 names last month. Let's say they average $3,000 per name (which is high) $3,000 x 84 = $252,000. 30% of $252,000 = $75,600. At these numbers they would be losing money monthly if their overhead was $100,000. You have to remember that the Boxador group of companies all work out of the same office called the Boxaplex. (Boxaplex.com) Overhead costs all get divided up among the many companies there. I am sure many of the employees for these companies are floaters who wear multiple hats for multiple companies.

Selling 84 names a month is barely 3 sales a day. How many employees does it really take to sell 2.8 names a day? One employee completing the deals and the floaters answering sales inquiries etc.... Piece of cake business to run. @Grilledjesus sold a name on the weekend and the deal wasn't even started until Monday. This shows they don't even deal with the day to day workings of the business 8 days out of the month.

 

[Grilled]

They sold 84 names last month. Let's say they average $3,000 per name (which is high) $3,000 x 84 = $252,000. 30% of $252,000 = $75,600. At these numbers they would be losing money monthly if their overhead was $100,000.

Well said!

@Grilledjesus sold a name on the weekend and the deal wasn't even started until Monday. This shows they don't even deal with the day to day workings of the business 8 days out of the month.

This taking 8 days off a month is unacceptable. It took them until Monday afternoon to respond to my buyers weekend inquiry for a purchasing link at the approved 10% I had authorized. They received payment Tuesday, and confirmed the payment Friday afternoon (Saturday for my buyer Dubai time). I'm in touch with my buyer, yet BrandBucket asked me to wait for the account information BrandBucket provides when they re-open on after the weekend, rather than pushing the domain to my enduser this weekend.

This sale should have started Saturday, instead BrandBucket to respond to my client until late Monday night (client time) effectively ensuring this transaction doesn't begin until Tuesday. This is not a turnaround time that deserves 30% of the sale. If BrandBucket doesn't add weekend support soon, I'm going to consider doing what other sellers are doing to email inquiries, and setting up a escrow.com link for buyers who are ready to purchase immediately.

 

[Grilled]

They sold 84 names last month. Let's say they average $3,000 per name (which is high) $3,000 x 84 = $252,000. 30% of $252,000 = $75,600. At these numbers they would be losing money monthly if their overhead was $100,000.

You forgot to account for listing fee's.

On February 1st, 2016 the WayBack machine reported 24,210 Domains.
On March 1st, 2016 the WayBack machine reported 25,549 Domains.

They published 1,339 domains. I'm not complaining about the amount of domains published because I alone published about 5%. I doubt the 1,339 domains resulted in $13,390 worth of listing fee's as I imagine BrandBucket ambassadors receive discounted listing fee's. This amount can be reduced further with the new buy 10 listing fee's get 11 they launched last month.

 

[kittu]

My BB rejects:
Cactio
Infibot
Any thoughts?

 

[AutoDealer]

Yeah good point. to elaborate when I say I'm looking for good names of all types, I do have different types of brandables in the back of my head, and I'm looking for them with everything else.

Also, it seems there's a lot of people only trying to invent words. Look at brandable short keywords or phrases. The names don't have to be random things like pinkmonkey or something like that, they can be actual keywords. For example I have EpicPoems.com listed EstoyBien.com and PinkSuit.com different types of names but all words.

Well, when I say I have a list of root words which I search the drop lists for it isn't with the intent of listing them on Brandbucket although I think I have a good eye for a domain name, and we all may say this about our own taste in a name.

Today BB turned down a dictionary word (ok, an Italian dictionary word, discreti.com meaning discreet) which let me know they may not exactly be operating on much more than a pair of gerbils.

Anything they turn down has already been listed elsewhere but I'm surprised that the domains which they've accepted were even considered because they're somewhat long.

Everything I submit to them has matching active Twitter accounts with the submission.

 

[DNGear]

Cloud Destiny

 

[joethrows]

my first bb reject email just arrived, ozboo dot com

 

[Recons.Com]

Well, when I say I have a list of root words which I search the drop lists for it isn't with the intent of listing them on Brandbucket although I think I have a good eye for a domain name, and we all may say this about our own taste in a name.

Today BB turned down a dictionary word (ok, an Italian dictionary word, discreti.com meaning discreet) which let me know they may not exactly be operating on much more than a pair of gerbils.

Anything they turn down has already been listed elsewhere but I'm surprised that the domains which they've accepted were even considered because they're somewhat long.

Everything I submit to them has matching active Twitter accounts with the submission.

Discreti.com is good.

 

[AutoDealer]

Discreti.com is good.

Thank you, I thought it would please them as well.

 

[AutoDealer]

You forgot to account for listing fee's.

On February 1st, 2016 the WayBack machine reported 24,210 Domains.
On March 1st, 2016 the WayBack machine reported 25,549 Domains.

They published 1,339 domains. I'm not complaining about the amount of domains published because I alone published about 5%. I doubt the 1,339 domains resulted in $13,390 worth of listing fee's as I imagine BrandBucket ambassadors receive discounted listing fee's. This amount can be reduced further with the new buy 10 listing fee's get 11 they launched last month.

Did I read that BB is launching a new web portal for rejected domains? Something a bit more edgy which would be their version Flippa.

 

[Grilled]

Did I read that BB is launching a new web portal for rejected domains? Something a bit more edgy which would be their version Flippa.

Contrary to popular belief, I'm not actually Jesus so I have no idea what you have and haven't read.

This is the first time I'm hearing of a new web portal for rejected domains.

 

[AutoDealer]

Contrary to popular belief, I'm not actually Jesus so I have no idea why you have and haven't read.

This is the first time I'm hearing of a new web portal for rejected domains.

:D Perhaps it was a Tweet, I did once see that BrandBucket followed me and I blocked them for fear of fishing in my lake.

Yes, sometime at the beginning of Nov/Dec a discussion of a new site in the works.

 

[wwwweb]

Thanks, I'd love to hear your thoughts on any of these .com's that were recently rejected.

Flaveo
TheFundry
FreshClosets
Profitmates
Quidzy
Mappsee
DataWallets
Choppey
Lynkly
Stakit

Quidzy is really good, especially for monetary terms

 

[kaposzta]

LargeBuzz, Trinaro, TransferCandy, PicBunny, SlickTrends have been rejected.

 

[Recons.Com]

One thing I learned with BB, plurals work rarely for them.

 

[nparab]

Convoro just got rejected.

Convoso is listed at $4285 on BB, Conviro is listed at $2995, Convaro is listed at $2155, Convogo is listed at $1595. (None of these names are mine)

And they rejected Convoro. I don't see the logic.