BrandBucket Experience

[xtremex]

hello

I am new to BrandBucket. Before getting my hands on this

I wish to experience about brandbucket from my fellow members


Thanks

 

[London555]

I never said that I was profitable yet. I have SLOWLY been building up inventory over 7-8 months. I do not understand what the confusion is. I have 444 published, with around 60 or so more in queue. 3 sales. My approval rate is above 50%, but not by much.

The confusion comes when you state "sold one within 24 hours of listing" and every new person reading this here runs out to reg 100 names to give BB. How about giving the whole picture with a statement like that. I understand you never said you were profitable but from what I can see you've bought about 900 or so names got 440 published and have sold 3-that's the whole picture. I'm sure you'll be selling many more and it will work out for you in the long run but people new to domains need to understand the costs involved etc. in buying and selling these types of names.

 

[brandpluck]

The confusion comes when you state "sold one within 24 hours of listing" and every new person reading this here runs out to reg 100 names to give BB. I understand you never said you were profitable but from what I can see you've bought about about 900 names or so got 440 published and have sold 3-that's the whole picture.

I think that I made it clear earlier that I had zero sales for 7 months, then 3 in one month. This is in part due to increased inventory numbers. But it could be pure luck. I am conscious that I may never sell another name again and take a big loss.

Regarding the sale within 24 hours - it is not really my job to disclaimer every statement that I make. But fair enough if you are trying to save others from themselves.

 

[NameFit]

To add to above, there will 'always' be readers who will fall for one post or another - one cannot help that. There will always be readers who will read the complete thread from page 1 or at least half of them to make a decision. Let the reader beware. What about middle 60% or so readers who do not fit into either category. A brief synopsis of the post is definitely helpful to the readers and in general health of the forums. Readers are definitely benefited by this rather than putting two and two (posts) together.

 

[Dominic Belley]

Just reached 20 published this morning. Plus 6 in Logo Design which I think are my better names.

Submitted 118 so I have 22% success. But I submit all my domains even if I know some does not really apply to BB so my % is a bit inaccurate.

1st published was on May 30th. So less than 2 months ago.
No sales. My goal is to get 1 sale before the end of the year.

 

[London555]

BB site running VERY slow.

 

[London555]

Please post the average wait time from submission to publish. Thank you.

 

[svede]

Was it pure brandables ? If yes, how did you sell them ?

I assume you mean the ones that were rejected? Yes, they were pure brandables. They were all sold through me being contacted either via my parking page or whois email. The best domains should be ones that someone would type in or search for IMHO. These were some of my lower quality ones, but I had still selected them due to my belief people would search for them for various reasons.


Also a correction... last time I gave my numbers wrong (sorry, was thinking there were 10 per page in BB account section, not 20 like there is)... i actually had 51 accepted out of 213 (23.9% "official" acceptance rate).
Now, as an update, of the 20 I had pending acceptance/rejection, 10 of them were accepted (50%). So I now have 31 published, 20 pending logo design, and 10 pending action from me. That brings me to 61 out of 233 (26.2% "official" acceptance rate). So realistically, my rate would probably be 35-40% if I hadn't experimented.

Hope this helps!

 

[London555]

I assume you mean the ones that were rejected? Yes, they were pure brandables. They were all sold through me being contacted either via my parking page or whois email. The best domains should be ones that someone would type in or search for IMHO. These were some of my lower quality ones, but I had still selected them due to my belief people would search for them for various reasons.


Also a correction... last time I gave my numbers wrong (sorry, was thinking there were 10 per page in BB account section, not 20 like there is)... i actually had 51 accepted out of 213 (23.9% "official" acceptance rate).
Now, as an update, of the 20 I had pending acceptance/rejection, 10 of them were accepted (50%). So I now have 31 published, 20 pending logo design, and 10 pending action from me. That brings me to 61 out of 233 (26.2% "official" acceptance rate). So realistically, my rate would probably be 35-40% if I hadn't experimented.

Hope this helps!

Svede-how long on average from Submission to Publish? Thank you.

 

[deverett]

Hey, it's great to finally 'meet' you. I've been watching your portfolio since the beginning. We both started on BB about the same time (I signed up over a year ago but only started submitting names in March) and we've grown at roughly the same rate. Some days I take a look at you have a few more than me and the next day I have a few more than you :D. I'm 12 names behind you right now.

Have you had any sales? I've had 2.

And yes, same here, from about a 70% acceptance rate down to 22%. My average domain price is around $25, add a $10 listing fee and it's costing me approx $135 to get a name listed now. Basically, I have to sell one in every 10 names listed just to break even if I continue to add names. (if I include the cost of renewing the names after a year that makes it roughly 1 in every 9 names to break even).

Nice to 'meet' you as well. I'm guessing that your BB name begins with an 'A' (hope it is okay to say that here)? You have a very 'smart' portfolio (so that's where all the LLLLL.com domains have gone) ... I'm a bit envious! I can see why you have had some sales...

I'm just beginning week #20 with BB. I have a total of 237 accepted names with 191 currently published (most published within the last month). Unfortunately, I have not had any sales yet ... but I have only accumulated about 5,400 'listed days' so far (per Nat Hunt's formula, I need 7,300 'listed days' before I need to start worrying).

Also -- I hope that I haven't misled anyone here earlier. When I said that my most recent acceptance rate was about 20%, I was referring to the last 30 submissions reviewed. And my prior approval rate of about 80% referred only to the 30 submissions reviewed just before. Although I have definitely gotten better at choosing names for BB (excluding the latest 30 domains), my overall acceptance rate is still below 50% ... which means that I have submitted over 500 domains in order to have those 237 approved.

 

[London555]

Nice to 'meet' you as well. I'm guessing that your BB name begins with an 'A' (hope it is okay to say that here)? You have a very 'smart' portfolio (so that's where all the LLLLL.com domains have gone) ... I'm a bit envious! I can see why you have had some sales...

I'm just beginning week #20 with BB. I have a total of 237 accepted names with 191 currently published (most published within the last month). Unfortunately, I have not had any sales yet ... but I have only accumulated about 5,400 'listed days' so far (per Nat Hunt's formula, I need 7,300 'listed days' before I need to start worrying).

Also -- I hope that I haven't misled anyone here earlier. When I said that my most recent acceptance rate was about 20%, I was referring to the last 30 submissions reviewed. And my prior approval rate of about 80% referred only to the 30 submissions reviewed just before. Although I have definitely gotten better at choosing names for BB (excluding the latest 30 domains), my overall acceptance rate is still below 50% ... which means that I have submitted over 500 domains in order to have those 237 approved.

So 237 approved at approx $20 ea (not counting "voting") you've laid out almost $5,000 plus another $2500 approx for the rejects or $7,500 total without ONE sale? Am I reading correctly? Thank you.

 

[svede]

Svede-how long on average from Submission to Publish? Thank you.

Here are the length from submission to publish on the 31 published domains I have.
Avg Days: 42.48387
Min Days: 33
Max Days: 50

But that includes delays on my end as well. It is also seems to be moving faster now.

Hope this helps!

 

[London555]

Here are the length from submission to publish on the 31 published domains I have.
Avg Days: 42.48387
Min Days: 33
Max Days: 50

But that includes delays on my end as well. Is also seems to be moving faster now.

Hope this helps!

Man I knew you'd have those numbers-lol . I have one sitting over 90 days from submission and still no logo. Thank you.

 

[deverett]

So 237 approved at approx $20 ea (not counting "voting") you've laid out almost $5,000 plus another $2500 approx for the rejects or $7,500 total without ONE sale? Am I reading correctly? Thank you.

London555 ... I gotta say that you made me smile! I figured that you were going to jump all over my numbers. You certainly did not disappoint me (or waste any time)...

I purposely didn't disclose the average amount that I've paid for my domains ... but I suppose that you have 'forced' me to admit that I have hand-reg'd most of my names using GoDaddy coupons (probably paid less than $3 for 2/3 of them). So the average for ALL my brandable domains is less than $6.

And I have amassed 4820 credits using BB's voting-for-credits (I have only used 2370 credits and still have more than half left). So I won't be shelling out any $$$ for accepted submissions for a long, long time.

I just sold one of my rejected names on Sedo for $1,400 which covers almost half of my investment in brandables so far. Not paying the bills yet ... but I'm keeping my fingers crossed as I type this.

Otherwise, you are reading me correctly.

 

[London555]

London555 ... I gotta say that you made me smile! I figured that you were going to jump all over my numbers. You certainly did not disappoint me (or waste any time)...

I purposely didn't disclose the average amount that I've paid for my domains ... but I suppose that you have 'forced' me to admit that I have hand-reg'd most of my names using GoDaddy coupons (probably paid less than $3 for 2/3 of them). So the average for ALL my brandable domains is less than $6.

And I have amassed 4820 credits using BB's voting-for-credits (I have only used 2370 credits and still have more than half left). So I won't be shelling out any $$$ for accepted submissions for a long, long time.

I just sold one of my rejected names on Sedo for $1,400 which covers almost half of my investment in brandables so far. Not paying the bills yet ... but I'm keeping my fingers crossed as I type this.

Otherwise, you are reading me correctly.

4800 credits dont your fingers hurt from pressing that button? Thank you for the reply and im glad you did because id like to ask on SEDO your sale was it an auction type or you just had it listed if you dont mind me asking? I see many brandables sold there and have wondered-Dorons blog DNGeek.com lists them all the time-thanks for the reply!

 

[deverett]

4800 credits dont your fingers hurt from pressing that button? Thank you for the reply and im glad you did because id like to ask on SEDO your sale was it an auction type or you just had it listed if you dont mind me asking? I see many brandables sold there and have wondered-Dorons blog DNGeek.com lists them all the time-thanks for the reply!

Actually I voted up to 5000 credits and later noticed that 180 credits (1800 votes) weren't carrying over from the voting page to my user page totals. When I asked BB about this, they informed me that although the voting app was still active, effective July 3rd, voting no longer added credits to members.

I think I cried.

So, yes, my fingers DO hurt ... and that damn voting app is still active!!! To be fair, I had received Michael's newsletter on July 3rd stating that BB would be 'discontinuing' their voting app. I foolishly ASSUMED that since it was still up and running after that date, I could still sneak in a 'few' votes to get me up to an even 500 free submissions. My bad...

The brandable domain that sold (started with 'B - U - Z - Z' and ended with 'N - E - R') was only listed on Sedo. I had submitted it to BB earlier and it had actually not been reviewed yet when it sold. About a week later, while the domain was still registered under my name, BB notified me that the name had been rejected. Funny that I ASSUMED (bad habit of mine) that it would SURELY be approved ... after all, it had sold on Sedo ... and I was dying to know what price BB would put on it.

 

[campout]

but I have only accumulated about 5,400 'listed days' so far (per Nat Hunt's formula, I need 7,300 'listed days' before I need to start worrying).

@deverett You're gonna hit 7,300 in 10 days. Get ready to worry?

Like others here, I am certainly leaning toward revising my expected sell-through rate down -- is 3.5% too generous? In that case, we are talking about 1 sale every ~10,400 listed-days.

And I have amassed 4820 credits using BB's voting-for-credits (I have only used 2370 credits and still have more than half left).

Love this -- nice vision.

I just sold one of my rejected names on Sedo for $1,400 which covers almost half of my investment in brandables so far. Not paying the bills yet ... but I'm keeping my fingers crossed as I type this.

Awesome! I just put most of my (150) rejects up on Sedo, 99% with BIN, most BINs are $400-$900 range approximately. I'm parking them there, too, to get the lower commission and the stats. It's fascinating to see that a couple of them (that I hand-regged) are getting ~80 visits a day (from China) because of their past incarnations.

I'm only at 3,233 listed-days, but growing at 101 per day now with all my accepts listed. So in 41 days I'll hit that 7,300 number.

 

[bazabizo]

I think its time for me to help here by providing some stats as well... I have currently around 440 names PUBLISHED on BB, this number was 150 december-2014 and growing in a scalar format since then until 300 in March... that kept almost steady until I had 140 published over the past 2 weeks... I will try as much as possible to give you sales stats :

November 2014 : 1 Sale - 100 names there (around 6,000 Listed days)
January 2015 : 1 Sale - 200 names there (around 7000 listed days since sale before)
March 2015 : same as January 2015
April 2015 : 5 Sales, I had 300 names there, and it was 1 buyer that boiught them in bulk (for 10% additional discount). I would remove this from stats as its not within the norm! Most probably a Venture Capitalist bought them for a lot of his startups
May 2015 : 2 Sales : 2 Sales, 6,500 listed days since previous sale(s).
Since 29th of May 2015, I didnt sell a single domain name. Around 16,000 listed days since then.

I calculate listed days as the number of listed/published names * the number of days since the last sale

I am getting increasingly worried at the moment to be very honest. I will list the reasons below :
1) I started on BB hoping that I get a 3-5% sales a year, with anything below 3% making it not appealing for me! 3% means 13-14 sales a year(for 440 listed names), thats 1 sale every 4 weeks. Now I am 8 weeks since the last sale. I know its a probability thing and sometimes we have to wait to make sure its really correct and that a margin of error exists sometimes.

2) I removed my names from Brandroot as I mistakenly put 1 name in both of them, and I preferred to terminate the BR account than cause issues for BB. Yes, I am more loyal to BB as BR doesnt have any sort of professionalism in handling matters.

3) Most of my names arent Hand registered names, so they have a decent chance to sell OFF any brandable marketplace! AND they also get a decent traffic, so I think at least $50-100 monthly parking is lost!

4) I pay 30% to BB, and this leads to some sales being lost.

5) I dont have the chance to negotiate with the buyer.

6) Even if brandbucket has access to traffic sources from startups that we dont have, with 16K names inside, its almost useless for me!

7) I spent hours voting, and these hours cost me almost same as the 10$ listing fees. Thats $4,400 listing fees/time lost. I could have spent the same voting time to do email marketing for a couple of my high end domains. I might have had something out of it, rather than comparing 2 names for 100+ hours.

8) I spoke personally to Michael before being the MD at BB. They guy is really friendly and is someone capable of running this thing. I just want to highlight one important thing. There are a couple of sales channels :
a) Someone who presses the buy button on a self-service fashion. Fair for all
b) Someone who negotiates just the price. Fair for all
c) Someone who asks BB reps to nominate a name for them. UNFAIR FOR ALL OF US. I think our names arent brought up here as much as Michael's!

To cut it short for all of us, I think the past few pages have highlighted all our concerns, and its time for BB to give it a shot and correct some stuff. And YES, I am transforming from someone who used to get really excited with an accepted name, to someone who is considering moving out completely; Unfortunately

 

[London555]

I think its time for me to help here by providing some stats as well... I have currently around 440 names PUBLISHED on BB, this number was 150 december-2014 and growing in a scalar format since then until 300 in March... that kept almost steady until I had 140 published over the past 2 weeks... I will try as much as possible to give you sales stats :

November 2014 : 1 Sale - 100 names there (around 6,000 Listed days)
January 2015 : 1 Sale - 200 names there (around 7000 listed days since sale before)
March 2015 : same as January 2015
April 2015 : 5 Sales, I had 300 names there, and it was 1 buyer that boiught them in bulk (for 10% additional discount). I would remove this from stats as its not within the norm! Most probably a Venture Capitalist bought them for a lot of his startups
May 2015 : 2 Sales : 2 Sales, 6,500 listed days since previous sale(s).
Since 29th of May 2015, I didnt sell a single domain name. Around 16,000 listed days since then.

I calculate listed days as the number of listed/published names * the number of days since the last sale

I am getting increasingly worried at the moment to be very honest. I will list the reasons below :
1) I started on BB hoping that I get a 3-5% sales a year, with anything below 3% making it not appealing for me! 3% means 13-14 sales a year(for 440 listed names), thats 1 sale every 4 weeks. Now I am 8 weeks since the last sale. I know its a probability thing and sometimes we have to wait to make sure its really correct and that a margin of error exists sometimes.

2) I removed my names from Brandroot as I mistakenly put 1 name in both of them, and I preferred to terminate the BR account than cause issues for BB. Yes, I am more loyal to BB as BR doesnt have any sort of professionalism in handling matters.

3) Most of my names arent Hand registered names, so they have a decent chance to sell OFF any brandable marketplace! AND they also get a decent traffic, so I think at least $50-100 monthly parking is lost!

4) I pay 30% to BB, and this leads to some sales being lost.

5) I dont have the chance to negotiate with the buyer.

6) Even if brandbucket has access to traffic sources from startups that we dont have, with 16K names inside, its almost useless for me!

7) I spent hours voting, and these hours cost me almost same as the 10$ listing fees. Thats $4,400 listing fees/time lost. I could have spent the same voting time to do email marketing for a couple of my high end domains. I might have had something out of it, rather than comparing 2 names for 100+ hours.

8) I spoke personally to Michael before being the MD at BB. They guy is really friendly and is someone capable of running this thing. I just want to highlight one important thing. There are a couple of sales channels :
a) Someone who presses the buy button on a self-service fashion. Fair for all
b) Someone who negotiates just the price. Fair for all
c) Someone who asks BB reps to nominate a name for them. UNFAIR FOR ALL OF US. I think our names arent brought up here as much as Michael's!

To cut it short for all of us, I think the past few pages have highlighted all our concerns, and its time for BB to give it a shot and correct some stuff. And YES, I am transforming from someone who used to get really excited with an accepted name, to someone who is considering moving out completely; Unfortunately

The post you wrote is probably the most thought out and fluent post on this thread so thank you. Here's the type of issue I have and it goes right to some of your points. Mr Krell hand reg. OriginalStack.com on June17th-it's now up-running and published within approx. 30 days. I have a name sitting at BB that was submitted TWO MONTHS before Mr Krell even registered his name and my name has not even received a logo yet. If Mr Krell simply came out and said " I have advantages due to my volume" I'd actually be fine with that-but he's said the opposite. That he has no advantage and as you know Mr Krell is now also approving names. I think many many people are starting to think exactly as you and believe that the BB ship may have left the dock unless changes are made. What was a great opportunity a couple of years ago simply doesn't exist now with 16,000 names and counting.

 

[Dominic Belley]

Here's the type of issue I have and it goes right to some of your points. Mr Krell hand reg. OriginalStack.com on June17th-it's now up-running and published within approx. 30 days. I have a name sitting at BB that was submitted TWO MONTHS before Mr Krell even registered his name and my name has not even received a logo yet.

Well I am not Mr. Krell and I have domains published ealier this week that were hand reg. + submitted on June13th. That is pretty similar to the scenario of OriginalStack.

If you have a logo stalled in logo design for more than 2 months, write to Michael, he might be able to see if something is wrong with it because it is an abnormal delay.

 

[London555]

Well I am not Mr. Krell and I have domains published ealier this week that were hand reg. + submitted on June13th. That is pretty similar to the scenario of OriginalStack.

If you have a logo stalled in logo design for more than 2 months, write to Michael, he might be able to see if something is wrong with it because it is an abnormal delay.

I wrote 10 days ago- its still not published but thank you.

 

[Brandworthy]

I have currently around 440 names PUBLISHED on BB

Can I ask what your handle on BB is please? I can't see an obvious profile for you.

The info you've shared is very useful, and the larger the data set we have the closer we'll be to a significant sample size.

 

[D Haynes]

Struggling with BB. Submitted a name and it got accepted. Now I need to validate DNS but I can't find anywhere on their site that tells me how. No FAQ section no email sent to me like they said, nothing. Even the log in tab is hidden. Maybe it's because I'm on a mobile device. Anybody know the nameservers or how to validate DNS? Thanks in advance for your help.

 

[Dominic Belley]

Struggling with BB. Submitted a name and it got accepted. Now I need to validate DNS but I can't find anywhere on their site that tells me how. No FAQ section no email sent to me like they said, nothing. Even the log in tab is hidden. Maybe it's because I'm on a mobile device. Anybody know the nameservers or how to validate DNS? Thanks in advance for your help.

Deleted message .. solution provided at the same time by wwwulff just below.

 

[wwwulff]

Set the nameserver to:

NS1.BRANDBUCKET.COM
NS2.BRANDBUCKET.COM

 

[DKN]

Struggling with BB. Submitted a name and it got accepted. Now I need to validate DNS but I can't find anywhere on their site that tells me how. No FAQ section no email sent to me like they said, nothing. Even the log in tab is hidden. Maybe it's because I'm on a mobile device. Anybody know the nameservers or how to validate DNS? Thanks in advance for your help.

https://www.namepros.com/threads/brandbucket-experience.793278/page-73#post-4897935

Please check this