NameSilo

SquadHelp - Marketplace

Located in Domain Marketplace Reviews, started by JudgeMind, Jan 26, 2019

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  1. Footprint789

    Footprint789 Established Member

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    I agree with @Ostrados , many scenarios here as we can see which show why pick 1 out of 4 is a problematic method as it's clear that good names can often be rejected with this method, @brandsly also clearly put it in her earlier post too with examples regd this and probably everyone who used this method to submit will agree with all these.

    Hope @GrantP can look into this.
     
    Last edited: Apr 10, 2020
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  2. jk23

    jk23 Established Member ★★★★★★★★★★

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    Yes, but now they are not using that vast statistical data when accepting names. Now they are relying on "Domain Experts" who, among other things, do not know which categories are over saturated, which niches are hot, etc.

    I understand that this is a very challenging task and that there is no perfect answer. That being said, I think the previous method is better.
     
  3. NameWell

    NameWell Established Member

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    To my understanding, in most cases their staff is still the ones that make the final decision taking into consideration expert reviews as well as vast statistical data. I might be wrong, though.
     
    Last edited: Apr 11, 2020
  4. NameMedia

    NameMedia Established Member

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    I forgot to mention I have had a few sales with SquadHelp, although as I say, sales are a good bit slower than I would expect, or seems to be typical from the dashboard. I am still very positive about Squadhelp though, and adding more listings.
     
  5. gina ferrano

    gina ferrano Established Member

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    Since I haven't gotten a response, I'm now a bit uneasy about this marketplace. I was wondering if it was worth it to submit names. For a coin, the free option, or unregistered with no monies upfront. Any help would be appreciated. Thanks in advance.
     
  6. tracey sclater

    tracey sclater Established Member

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    Hi what I find interesting is my rejected names at SH generally get picked up by one or both of the other two BB or BP.
    Latest examples PuraSight, DuraFeel and TotalRogue .coms SH rejects BB accepted.
    Just pays to spread your names around I think If you believe in them. I also note that SH puts a lower value sometimes nearly half on the ones they do accept. Cheers.
     
  7. Rhinnnn

    Rhinnnn Established Member

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    With the new Experts Review sistem în place, it's currently not worth it to submit names using coins. The main advantage of coins was faster review times. But now reviews are done in 24 hours or less for all premium names - coin or no coin.

    I'm pretty new to SH myself but, from what I've seen and read, it's not worth listing basic or basic plus names. Only premium names are actively promoted by SH - this is why basic and basic plus names don't need to be reviewed.

    I've had mixed approval success with both owned and unregistered domains thus far. If you have good registered names I think you should try submitting those first and see what gets accepted and what not. But don't use coins for the beginning. If your names are approved, you will be able to buy and use 1 coin per name in order to list on Afternic too (thus giving your names greater chance to sell).

    Edit: As @tracey sclater said above, it seems SH is undervaluating plenty of names. This, of course, might mean they can be sold faster. Or maybe not - I've no data on this.

    Good luck.
     
    Last edited: Apr 11, 2020
  8. NameMedia

    NameMedia Established Member

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    For me, the marketplace is great. The customer service is excellent, so if you need anything, feel free to ask their support for help. They have always been helpful with me. Yes, I think it is definitely worth it to submit names. Why not try out a couple of options and see how it goes? Start with the free option, or the unregistered if you prefer. You can decide from there. Nothing to lose by doing that. They are well worth a chance. My sales have been slower than I would like, but I have had sales.
     
  9. Crypto2020

    Crypto2020 Altcoining.com

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    Since the Expert Review system has come online, my approval rate on registered domains has also plummeted, was averaging 10-15% before and now it seems more like 0-5%. Although since I joined SH quite recently (mid-feb), I don't have longer-term average to work with. Its mid-feb till the change Vs after the change.

    Was quite mad and angry like everyone else here on the new system but after reading through the discussion here, I am actually finding that I am turning more positive on the system. Specially after reading explanations on handling Conflict of Interest and also more details on the entire process by GrantP . Only time will tell how well they work, but its satisfying to know that SH uses a 'carrots and sticks' way of keeping Expert Reviewer Quality in check (Carrots - Rewards & Incentives; Stick - Derating and Suspension for being consistently off)

    As to why people here are more negative versus positive on the new system, Let me offer an explanation. The problem seems to be that everyone submitting names at SH collectively agree that SH should be highly selective in adding additional names to maintain and\or improve their sell-through rates, but at the same time individually they want their acceptance ratio to stay the same or rise. Do you see the conflict there?

    Regarding picking 1 from 4 choices method, again I had the same doubts like everyone here of the potential that even high quality entries would get derated under this system (and then projecting this to justify our anger at our "high-quality" rejections). But again after thinking more on this, how many do you guys think high-quality names are in a standard lot of say 100 submissions? 5-10 or less, right? Lets assume very-good & excellent submissions comprise of upto 10\100. Crap & below-average & average 60-80\100, Leaving above average & good 10-30\100. Assuming these figures are somewhat correct (@GrantP , would you be able to share general % on these categories of submissions?), statistically many review lots of random 4 names will have no inclusions from the very-good & excellent categories, meaning above average & good names would get a chance to shine in those lots.

    So, combining the above with more info shared by Grant that names with scores of abt 30% are reviewed manually by internal reviewers, overall seems to make this process on the whole submitter friendly, while at the same time not compromising on the main mission to be highly selective.

    Finally, @GrantP I do have one suggestion and one personal request if you are willing to consider it :xf.cool:. Firstly, could we raise the review limit per month per user from the current 5 to say 20\25? The reason is that since the abrupt shift to the new system, many sellers have felt disenfranchised from SH (including me till recently). Also I still have some doubts about the initial workings of the system till it becomes more stable. So I feel like while its a good system and should find its feet pretty soon (if not already), during the initial hiccups there would be a lot of names that would\could have been casualties of the kinks of the new system and hence raising the review limit to 20\25 for say like the next 2 months, would allow us to resubmit the names we felt that should not have been rejected, for a second pass thought the now (hopefully) more stable system.

    On a more personal note, I have a name that was approved not too long ago, but I had rejected the approval as there was a huge gap between my expected listing price and the approved listing price. Thought there would have been an option to negotiate or a second chance to approve but it was flat out rejected (as I was fairly new and this was the first name I had rejected, I didn't know the process well). Since then I have gotten it reviewed twice to get it accepted at a somewhat in-between price but it has been rejected both the times. Would request you to look into it if you can. Will PM the name to you.

    Crypto.
     
  10. gina ferrano

    gina ferrano Established Member

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    [email protected]!

    Yes, I'll maybe try a couple I own already, though I noticed one is not able to submit an unregistered name w/o either coins (1) or points (10)
     
  11. KDN

    KDN Ken VIP

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    Hi. Thanks for sharing. SH support did a great job of following up with the buyer. I'm only 2 months away from completing the sale.
     
  12. Rhinnnn

    Rhinnnn Established Member

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    I forgot about points because I've had no shortage of them. I think SH offered some complimentary points when I opened my account earlier this year (a few hundred, can't remember exactly). But there are various ways in which points can be earned: 100 when a premium domain is approved, 40 when you receive a like in a contest, or 5 when you just participate in a contest (regardless of the outcome).
     
  13. tracey sclater

    tracey sclater Established Member

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    I just used 600 points I did not even know I had to boost one of my premium names to another level apparently , stay tuned a bat might fly from my name cave. Sorry I do enjoy original Batman repeats Cheers.
     
    Last edited: Apr 12, 2020
  14. brandsly

    brandsly Top Member PRO

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    It's very easy to doubt your names and drop them when these marketplaces reject them. I agree that you should try to submit to other marketplaces, or even try to sell them yourself by listing on Afternic/Sedo and pointing to Dan.

    Just a few months ago, SH rejected L u m i r i . com and it was sold literally a couple of weeks later for $2195. I'm sure there are plenty of examples like this.

    I also think that SH prices are lower than other marketplaces in general. I don't blame them because the contests allow the customers to get a handregged brand for just a couple of hundred dollars. It would be much harder to sell premium listings if prices are too high. The sweet spot on the site seems to be under or around $2K (of course this excludes and does not apply to liquid domains, dictionary words etc), rather than the usual sweet spot of 2k-3500. Similar quality of brandable names are being priced and sold higher on BB and even my own personal portfolio overall. Sure, you can adjust the prices higher, but with so many similar names listed on the site at lower prices, the chance of your names getting sold would become lower if you price your names higher than the rest.

    If their sell through rate makes up for it, great. However, that is one piece of statistics that no one will ever know. So my view is to not let their rejection and undervaluation dominate your decisions over your names.

    When they reject your names, it might be difficult to and might take some time and practice to be able to swallow them down, move on and continue to believe in your names, but it has paid off many times in my own case.

    If you think they undervalued your name, it only costs you a few dollars to renew it for another year and give it a shot to sell for higher prices yourself. Just have patience, wait for a bit, if later you are sure that you cannot sell it yourself, then you can list the name at the lower suggested price. This doesn't just apply to SH. I have a ton of approved but unpublished names in BB account too because of undervaluation. Just the other day, I looked back at my submissions over the years, I've sold a ton of the unpublished ones at much higher prices myself since I refused to list them at their approved prices.

    I've also paused submitting names to SH at the moment even though I still have close to 600 SH coin balance. They seem to be in this experimenting stage trying all kinds of things...I'll wait till their process stabilizes and matures to consider resume submissions.
     
    Last edited: Apr 12, 2020
  15. NameMedia

    NameMedia Established Member

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    You can acquire points by entering some contents, if you would like to submit for free.
     
  16. gina ferrano

    gina ferrano Established Member

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    Since I joined back in 2018, I hadn't received any points, though having entered a few contests, I have maybe 100 points now. I agree with @brandsly that the contests at $100-$200 per, don't quite jibe with efforts made, when the contest holder doesn't bother to look, or respond in any way. And if a brand can acquire a name for so cheap it's no wonder the prices reflect lower. As an experiment I submitted two names that I knew were a bit too long but strong keywords for premium, I had 12 experts review within 5 hours and pass on both. (Though I wonder can one resubmit any name and downgrade to basic plus for less than my suggested?) I also submitted a name for plus category @$1149 and it was accepted instantly. I will try unregistered names next. With BB reviewing names (40 days average now) I can appreciate the immediacy by which names are reviewed, accepted/declined at SH.
     
    Last edited: Apr 12, 2020
  17. E-Thunder

    E-Thunder Top Member VIP ★★★★★★★★★★

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    I don’t post feedback often but thought my SquadHelp experience may be helpful to everyone on the forum here.

    I first tried SquadHelp out about a year ago, but this wasn’t really a valid sample as I submitted domains that were all rejected by both BB and BP. All 14 of 14 submitted were rejected in 2019.

    Now, 1 year later I decided to give them another try with a fresh batch of domains. All had never been submitted to any other brandable marketplace previously. I think there is now a large enough sample that is worth sharing here.

    In 2020, 20 were rejected of 24 submitted. 4 were accepted. So just over 16% accepted.

    3 are combinations of 2 real words like “SampleName.com”.

    1 is a play on words.

    Based on names rejected so far, these were mostly plays on words, where success has been much higher with compound 2 word combinations.

    All names were unregistered or coin submissions. Turn around was pretty fast from submission to decision on approval or rejection. The same for logo creation after, it has been just a few days at most and 3 of the 4 logos I would say are above average.

    I must say that right now I like the presentation of the SquadHelp site much more than BB and BP. I find myself spending time looking at the contests and searching through the categories there for inspiration. I like the sound clips of someone speaking the name, and think that this truly could help a potential buyer make a decision. There is a batch of domains I plan to eventually submit in the coming months, and I will continue to provide updates on the results.

    I plan to make a second post soon, detailing the names that were rejected and available for registration. I am just deciding which ones I will register before I do that.
     
  18. TrulyBrand

    TrulyBrand TrulyBrand

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    I dont know how their Expert Review Works , but i experienced Worst . i have submitted 80 domains for review and they accepted only 2. i mean their expert Panel do some research or just pick like / dislike.
     
  19. massive1019

    massive1019 Established Member

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    They have to do something about this.....
     
  20. Rhinnnn

    Rhinnnn Established Member

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    Announcement:

    SquadHelp names will now be available on Flippa. Seems to be good news.

    https://www.namepros.com/threads/flippa-announces-squadhelp-partnership.1185814/


    Quote from SquadHelp:

    "Flippa plans to promote the SH listings to their buyers via homepage banners as well as their daily emails.

    The SH listings have been designed with a special landing page along with the Logo designs.

    SH will offer additional complimentary benefits to Flippa customers (such as a complimentary redesign of logo if the SH domain is purchased on Flippa platform).

    There are no additional costs or coins required to participate in this feature. If the Domain sells on Flippa, Squadhelp will pay for the Flippa commissions from SH's share of commission.

    We are working on several more features and we will send additional updates in the near future announcing more platform benefits."
     
    Last edited: Apr 15, 2020
  21. Rhinnnn

    Rhinnnn Established Member

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    The Basic Plus name was "accepted instantly" because there's actually nothing to accept - no vetting process. Literally anyone can submit any domain (minus obscene words, I presume) as Basic or Basic Plus and it will be automatically listed.

    But a Basic or Basic Plus listing doesn't really help you.

    Basic Plus names have an advantage though. You can submit them to contests and, if the contest holder selects your name, they'll pay your asking price. As a rule, Basic Plus domains can't cost more than $2,500.
     
    Last edited: Apr 15, 2020
  22. sadiq3051

    sadiq3051 Established Member

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    IMG_20200417_101902.jpg Hello @GrantP I want to know how this feature works on squadhelp.. Transfer ownership to squadhelp. How what will be my commission after transferring the ownership to squadhelp. Check the attach picture. Thanks
     
  23. Rhinnnn

    Rhinnnn Established Member

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  24. h2o

    h2o Established Member ★★★★★★★★★★

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    Question - Does anybody know if the Expert Reviewers are shown the Domain Description when they rate your names? I ask because I think the description can make all the difference. The description can open up minds and opportunity. It's also good for niches that the reviewers may not be familiar with. Because let's face it, nobody is an expert in everything.
     
  25. ALDaisy1

    ALDaisy1 Established Member

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    No, someone asked the same thing recently in the SH forum. The reviewers are shown names only, no descriptions.
     

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