How many domain sold in BB or Namerific

[xtremex]

Hi Friends

my 3 domains sold through both market places. i saw sale is little slow now a days , what about u?


also i saw many domainers are selling domains through their own website

How many domains u have sold in BB( brandbucket) or Namerific yet?



thanks

 

[Zoltan P.]

I have tracked their sales for the past 4 months and on average they sell less than 1 per day which you may not think is that great but at 30% commission on a $2,500 name that averages out to $500 to $1,000 a day for doing absolutely nothing but listing names on their site. Yes they may go to a few startup events here and there but the MASS majority of the hits comes from the hard work of Google"s algorithms. I think the next experiment is to do a featured listing on BrandBucket and see if anything changes. I had 5 featured at Namerific for a while but no sales from that so I will try BB and keep you posted.

They do not post every sale on their site.

I have sold 7 with BB and 2 with Namerific and 1 with Sedo and 1 with DomainNameSales after they got rejected.

 

[NameOffice.]

I don't think that is the right thing do. Totally flawed IDEA. Think about it.

I don't hear Namerific and BrandBucket complained about the influx of submissions. That it where they will thrive. Only domainers complained about it.

Actually they do complain about the overwhelming influx of domains. Do you speak to the founders? Domainers complain about it as well. Here's why this is a much better plan. You have one guy who submits 1000 domains in one day and then the other guy who submits just a few the same day after him. This second guys is waiting in line for his few domains to get reviewed while the first one has 1000 names ahead of his. And as explained, I am implementing this also to prevent bad domainers from submitting every name they have in hopes they get a few accepted. This encourages everyone to be more careful and thoughtful about what they are submitting since their submissions are limited. There is no flaw whatsoever in this. Please elaborate. You didn't really explain what the flaw exactly was.

The biggest complaint currently is that domainers are waiting too long. This solves that. We are not as concerned about ourselves and how many domains are being submitted to our site. Rather we are doing this in the best interest of the domainer who is serious about selling brandables and preventing ridiculous wait times. Hope you understand.

 

[urlurl]

I think BB and namaerific have figured that too, the repeat offenders (those who send everything and the kitchen sink) are looked at after the sellers that usually send quality names, the turn around time for logo's should be the same, maybe

 

[oyong]

Actually they do complain about the overwhelming influx of domains. Do you speak to the founders? Domainers complain about it as well. Here's why this is a much better plan. You have one guy who submits 1000 domains in one day and then the other guy who submits just a few the same day after him. This second guys is waiting in line for his few domains to get reviewed while the first one has 1000 names ahead of his. And as explained, I am implementing this also to prevent bad domainers from submitting every name they have in hopes they get a few accepted. This encourages everyone to be more careful and thoughtful about what they are submitting since their submissions are limited. There is no flaw whatsoever in this. Please elaborate. You didn't really explain what the flaw exactly was.

The biggest complaint currently is that domainers are waiting too long. This solves that. We are not as concerned about ourselves and how many domains are being submitted to our site. Rather we are doing this in the best interest of the domainer who is serious about selling brandables and preventing ridiculous wait times. Hope you understand.

The line between preference/priority and discrimination is too thin. This kind of idea is also susceptible of abuse. If i were the customer, i would rather go to the other shop that will treat me fairly. Sure any site - brandbucket/namerific has this preference in practice but i go for the less evil and would deliver the sales.

Bulk upload is not ideal in this business, rather limit the uploads either the no of domains or frequency.

 

[Honey Domains]

I understand your meaning Oyong and your desire for fairness admirable. I have a question, how do you know submissions are taken in exact sequence every single time on the sites you already deal with? Because a site owner tells you the exact process and exactly what he is doing, and what you can expect, that is evil? We are asking for an invitation to sell our product on their site, so IMO, the ball is totally in their court.

I personally think it is efficient and makes lots of business sense to check a source that provides desirable, easy to sell, unique one-off products (good domains) and stock for my thriving business, more frequently. As an owner stocking his shop, it makes sense to buy as much as you can from one supplier for your business if you are already dealing with him and emailing etc.

I agree with urlurl, I have had 1-2 day wait times on new submissions after having a bunch that did have to wait and after a good portion those first ones approved. With both the other sites.

What would be something to consider, is how readily that rating is changed, once a newer domainer learns what a great brandable is, and what a site wants for inventory and starts subbing better stuff, so once they get a better submissions to acceptance ratio.

 

[BrandFishing]

Brandables testing my patience.

i have 40 domains listed at Namerific with 8 pending logo . Latest on live was NeatPay.com But still 0 sales.

In BB, I have 19 listed for sale with 6 pending logo design. Latest one there was FreshRush.com . But still there also 0 sales.

In total I have more than 70 Brandable Domains listed at both sites. But yet to make a single sales. I am getting very frustrated.

I have stopped registering any more brandables for now because of no income till now. I really hope to make some sales soon.

So at present I have started a thread here that lists Available Brandable Domains for registration. You can access the thread here. Feel free to register those names that you also feel are catchy.

 

[wwwulff]

3 months ago I send 30 names to BB and got 7 approved - I sold one waiting for approval and listed the rest and 2 of them got sold last month.

I have send 8 names to Namerific and got 1 approved and it´s still for sale.

 

[Cyphix]

i have 40 domains listed at Namerific with 8 pending logo . Latest on live was NeatPay.com But still 0 sales.

In BB, I have 19 listed for sale with 6 pending logo design. Latest one there was FreshRush.com . But still there also 0 sales.

In total I have more than 70 Brandable Domains listed at both sites. But yet to make a single sales. I am getting very frustrated.

I have stopped registering any more brandables for now because of no income till now. I really hope to make some sales soon.

So at present I have started a thread here that lists Available Brandable Domains for registration. You can access the thread here. Feel free to register those names that you also feel are catchy.

I think you need to be more picky with the types of names you pickup; like try and imagine a site with that name, does it seem reasonable?

For those with names already @ BB..... when you submit them are they supposed to come up in your CP somewhere like at Namerific? I don't see them anywhere.

 

[mikeowoicho]

@mindroc sorry, but I just had to LMAO at your comment, 70 domains? And no sale? Wtf

---------- Post added at 08:15 AM ---------- Previous post was at 08:11 AM ----------

I think you need to be more picky with the types of names you pickup; like try and imagine a site with that name, does it seem reasonable?

For those with names already @ BB..... when you submit them are they supposed to come up in your CP somewhere like at Namerific? I don't see them anywhere.

Are you trying to say his names re not reasonable? Lol. Tbh brandables re not meant to be reasonable, they just had to sound nice and pass the radio test. IMO

 

[Cyphix]

@mindroc sorry, but I just had to LMAO at your comment, 70 domains? And no sale? Wtf

---------- Post added at 08:15 AM ---------- Previous post was at 08:11 AM ----------



Are you trying to say his names re not reasonable? Lol. Tbh brandables re not meant to be reasonable, they just had to sound nice and pass the radio test. IMO

Well he says he has 70 domains listed already with no sales and linked to a thread with other he has found; I'm just saying IMO most of the names in that thread he linked I wouldn't personally reg myself; so if he has 70 names and hasn't sold any then perhaps he needs to be a bit more picky in what he is buying - just trying to save him some money

 

[mikeowoicho]

Lol

 

[Cyphix]

Just had my first name approved at Namerific! :D

Lol

What's so funny?

 

[mikeowoicho]

Just had my first name approved at Namerific! :D



What's so funny?

Huh? Luck plays a huge role in domaining. The fact that you don't fancy the kind of names he regs doesn't make them less better. I've seen names much worse sell for ridiculous prices. So your saying you won't reg any of the names in that thread is funny & IMO myopic..
Goodluck with your 1st "domain" approval.

 

[Cyphix]

Huh? Luck plays a huge role in domaining. The fact that you don't fancy the kind of names he regs doesn't make them less better. I've seen names much worse sell for ridiculous prices. So your saying you won't reg any of the names in that thread is funny & IMO myopic..
Goodluck with your 1st "domain" approval.

Well I didn't look at every single name in the thread lol...... but looked at several from the first post and that was my conclusion.

No it doesn't make them any worse then ones I would reg myself, but if you wanna go out and reg every single domain that sounds half decent then you're going to be spending a lot of $$$ on names you think are only so-so. If you have the money to do it then sure, go for it.... but I try and limit my brandable buying to the ones that I think have a lot of potential and/or roll of the tongue and/or sound really good.

 

[NameOffice.]

The line between preference/priority and discrimination is too thin. This kind of idea is also susceptible of abuse. If i were the customer, i would rather go to the other shop that will treat me fairly. Sure any site - brandbucket/namerific has this preference in practice but i go for the less evil and would deliver the sales.

Bulk upload is not ideal in this business, rather limit the uploads either the no of domains or frequency.

I am limiting both the number of uploads and frequency for everyone. I cant figure out what you see unfair here. And, as I wrote in the system description post, we are in no hurry to take on hundreds of domainers. We want only the ones who know what a brandable is and who will make sales. We refuse to become a storehouse of everything like BB. Your domains will be lost there and getting a sale is slim to none. Look at mindoc, he has 70 listed names with zero sales. He paid $10 a listing for the ones he has a BB. We want to limit the amount of names we list that we know are unlikely to sale. BB will accept anything pronounceable only to add to their marketplace selection. This is terrible for the seller in so many ways.

What would be something to consider, is how readily that rating is changed, once a newer domainer learns what a great brandable is, and what a site wants for inventory and starts subbing better stuff, so once they get a better submissions to acceptance ratio.

I'm not totally sure what you're talking about here, but if its the domain score we plan to implement, that is how we plan to work it. The domain score we will have in place will fluctuate every single time a domain is accepted, rejected or sold. Everyone has an opportunity to raise their submission rate again and anyone can lose it.

 

[margotb]

In BB, I have 19 listed for sale with 6 pending logo design. Latest one there was FreshRush.com . But still there also 0 sales.

MindDoc: Just to put things in perspective, your first domain was published in July, and the bulk of the rest of them were published in late September and October. That is just over two months.

For anyone out there who thinks that brandable domains, or domaining in general is a "get rich quick" business, please be prepared to be disappointed. Any domain -- keyword or non-keyword -- that is being sold for over $500 takes time to sell. And the higher the price, the longer it can take. Brandables in particular have the particular (dis)pleasure of having to have the right buyer come along and fall in love with the sound. It takes years, and a lot of patience, to sell brandable names.

There are names owned by BrandBucket's parent company that recently sold that have been listed on BrandBucket since day one -- that was 2007, so they took 6 YEARS TO SELL. If you consider that our average selling price is about $2400, and we paid about $60 in registration fees over time, that's still a huge return.

 

[Honey Domains]

I'm not totally sure what you're talking about here, but if its the domain score we plan to implement, that is how we plan to work it. The domain score we will have in place will fluctuate every single time a domain is accepted, rejected or sold. Everyone has an opportunity to raise their submission rate again and anyone can lose it.

Yes that was what I was taking about. Makes sense to have an automatic algo for it! Thanks for clarifying.

 

[urlurl]

that's exactly what I said before, it could take 1 month or 8 years to sell a brandable name, so you better dig in for the long haul.

to achieve better success in sales and try to shorten the period from acquisition to sale - make sure your names are of higher quality.

imo

 

[tradingdavid]

I am limiting both the number of uploads and frequency for everyone. I cant figure out what you see unfair here. And, as I wrote in the system description post, we are in no hurry to take on hundreds of domainers. We want only the ones who know what a brandable is and who will make sales. We refuse to become a storehouse of everything like BB. Your domains will be lost there and getting a sale is slim to none. Look at mindoc, he has 70 listed names with zero sales. He paid $10 a listing for the ones he has a BB. We want to limit the amount of names we list that we know are unlikely to sale. BB will accept anything pronounceable only to add to their marketplace selection. This is terrible for the seller in so many ways.



I'm not totally sure what you're talking about here, but if its the domain score we plan to implement, that is how we plan to work it. The domain score we will have in place will fluctuate every single time a domain is accepted, rejected or sold. Everyone has an opportunity to raise their submission rate again and anyone can lose it.

Rating intakes is a good idea. I only list my own stuff and judging by what random people email me I'd not even consider it. Alot of people just don't get it.

To be honest I think Rader's site needs to improve a bit on name quality versus BB. However, the gap has closed alot recently with BB veering towards the inexplicable in the last 6 months or so. I really think he'll surpass BB in a year or two.

When he starts taking listings I would probably pull my BB listings in favor of his site to be honest. I would say it's the only real competitor to BB at this point. I'm including my own site in that assessment. :imho:

 

[Robozy]

Yes, there is always an element of luck, but investing without considering the stats is not much better than gambling in my opinion. I am still learning the ropes when it comes to brandables, but I am trying not to play beyond the numbers. Every month I recalculate the likelihood of sale based on reported sales (less than actual sales since some are removed, but I ignore that as a factor of safety) over stock size.

I then work out the gradient of the decrease in that likelihood and project it over a year, to give an estimate of the expected value (and profit) of my own sales. The biggest problem with BB accepting domains at a faster pace than they sell is that the chance of sale for the average brandable name is now decreasing every month. If things continue at the current rate then in a few years these marketplaces will no longer be attractive / viable for the average domainer. The only ways to put a stop to this are for them to sell more domains or make the acceptance criteria more stringent.

Cheers,
Darian