- Impact
- 19,278
Hey Folks,
I've just started using squadhelp.com to list some of my brandable. So far I have 76 domains listed, there is no fee to list. I've had some decent action so far in the way of interested buyers but no sales as of yet. I've only been with them for 1 week now.
A bit of a summary review of SquadHelp:
PROS
I've just started using squadhelp.com to list some of my brandable. So far I have 76 domains listed, there is no fee to list. I've had some decent action so far in the way of interested buyers but no sales as of yet. I've only been with them for 1 week now.
A bit of a summary review of SquadHelp:
PROS
- No Listing fee
- No Logo design fee
- Ability to submit your names to end users holding naming contests
- Ability to chat directly or send a message directly to end users.
- Stats of your marketplace domains are shown in the marketplace dashboard.
- Their customer service and support has been great, 24hr a day chat.
- Ability to increase or decrease the list price of your domains or to show a discount. You can decrease or increase the price yourself by $200. If you want to lower more, you can contact support.
- End users can shortlist your domains before they make a decision on which they want to purchase. The number of shortlists is shown in you marketplace dashboard.
- When you submit your names you get to set the price you wish to get. Because their commissions are high I recommend listing at a higher price to offset the commission costs.
- Their landing pages are fairly basic but they work. Because the marketplace is fairly new, I'm sure we will see style improvements in the future.
- One thing I really like is they accept multiple extensions. I have listed .co and .io along with .com
- Each seller gets a direct link to their marketplace portfolio, HERES MY PORTFOLIO. It is handy if your trying to p[promote your portfolio through social media.
- I like that their marketplace doesn't have tens of thousands domain listings like BB. They are fairly strict on the domains they accept to list and so this helps keep the number of domains in the marketplace down and gets your listings more exposure.
- Their commissions are very high, depending on the domain name they are usually between 30% and 35%. However, there are no listing fees, no logo design fees, so in the end their commission is very similar to brand buckets.
- Their logos are not top quality, in fact I requested to have some of my logos remade.
- I think they have a big backlog of logos to design, the wait time for logo design has been around 1 week, but your names are still listed while the logos are being designed.
- After your names are accepted you need to agree to their commission rate, at this point you also need to apply your own keywords, descriptions etc. I found this was very time consuming.
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Wouldn't it be fair to let the owners of WLM have their names with logos displayed at the top of "view all names" / "All names" and at the top of each category in their WLM to at least give them a chance to be seen by potential buyers that visited WLM because of the owner’s efforts? And then if the buyer saw all names of the owner of WLM and did not find what they were looking for, they could see names of other sellers because that still leaves an opportunity for the owner of WLM to earn commission in case the buyer ends up buying a domain name that belongs to SH or another seller (win-win for all). Ideally, the names of the owner of WLM could be shown at the top of all keyword search results, if they match the criteria, of course.
