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

 

[Keith DeBoer]

An interesting exercise. I just went through about dozen names I've sold to endusers in the past several months and about half of them have no website. It seems to be a pattern regardless of whether I sold them via BB or privately or via another marketplace. As others have said some haven't even changed the nameservers. Very odd.

 

[equity78]

An interesting exercise. I just went through about dozen names I've sold to endusers in the past several months and about half of them have no website. It seems to be a pattern regardless of whether I sold them via BB or privately or via another marketplace. As others have said some haven't even changed the nameservers. Very odd.

Yeah people tend to focus more on brandables I think, because people understand Blue.com purchased for $500,000 as an investment. It makes sense to think that if someone purchased umoko.com for $3,000 that it can only be for development. But like @hookbox said people pivot, get a better name, a VC says my money, my name, etc...

 

[JimJammy]

An interesting exercise. I just went through about dozen names I've sold to endusers in the past several months and about half of them have no website. It seems to be a pattern regardless of whether I sold them via BB or privately or via another marketplace. As others have said some haven't even changed the nameservers. Very odd.

I work for a company that often 'has an idea', rushes out to safeguard/futureproof that idea (like buying a domain name or applying for a trademark) which may be acted on years later (or never).

It's to our advantage that there is a sense of urgency to buy the domain when you visit Brandbucket... that big buy now page implies that if you don't buy this domain now someone else might.

 

[Theydon]

The same holds true for my sales, whenever I have checked very few have been developed.

 

[hookbox]

Holstar.com and Hyype.com are two examples of names Michael Krell reported sold in this thread. First one parked, second one BrandBucket 410 page.

There are many. I went back through some of Krell's sales from 2015 and checked April, May, June and July. I figured it was best to use one seller and one continuous four month period. Only 19 live websites out of 59 sales. 32% are live which is even much lower then my skeptic brain would have thought. Whether all these sales are actually real or not is another question altogether. I find it interesting that when the BB hype was at it's peak that Krell would list his sales to hook more sellers. He doesn't list them anymore so I guess BB has enough sellers now.

April sales

B A M B O R A website

B O U N C E L O G I C lander

S T A R T C O I N error page

S T A C K K brandbucket page

D A S H R godaddy page

S I M P L E D E F E N S E hostgator page

U P F U E L website

H O M E C R A T E website

Z E N S T A C K godaddy page

N I T R O G E N C L O U D godaddy page

I D E N T I T Y L A B S website

F U N D I F U L forwarded



May sales

C y b e r s p r o u t website

S i m p l e R o b o t forwarded

S w i t c h P u l s e brandbucket page

W o r k P i l e website

Z e n o z a landing page

R e c r u i t P a d brandbucket page

F u t u re W h e e l s website

R e a d y S t r e a m landing page

T e c h S i l o godaddy page

N e t w o r k S t a c k landing page

H e l l o P a y m e n t forwarded

P a y M y T a b website

P r o v i d r website

C a r v e z a landing page

Z e n S t a t e brandbucket page

H e l p N i n j a website

S i l e n t B o o s t website


June sales

S U P P O R T S T A C K website

M I C R O F U N D E R godaddy page

P L U N C website

T A L K S I G N A L website

B L O C K A B L E listed for sale for $19,895

R E A D Y S E L E C T landing page

N E X T B L O O M brandbucket page

P R O N T O L Y website

B U R S T D R I V E

G L A M S T A C K dead shopify page

C H I C C R O W D website

L E G A L R O O M landing page

L A U N C H G R I D wp dead page

C O O K I N G L Y dead page

F L O W P A Y M E N T godaddy page

S W Y P E R landing page

S E N D C O godaddy page

T A P B O T dead page



July sales

B U F F E R Z O N E website

S T A C K P A T H website

S A F E C L O A K subscribe page

B O O K T I V A website

Z E N P U L S E we will be live in 508 days LOL

H O L S T R forwarded

C A R S Y dead page

T R A C K E R L Y forwarded to tracker.ly

D A N C E F U L dead page

U B E R S E C U R I T Y brandbucket page

H Y Y P E 410 brandbucket page

S E R V E S U P dead page

 

[equity78]

There are many. I went back through some of Krell's sales from 2015 and checked April, May, June and July. I figured it was best to use one seller and one continuous four month period. Only 19 live websites out of 59 sales. 32% are live which is even much lower then my skeptic brain would have thought. Whether all these sales are actually real or not is another question altogether. I find it interesting that when the BB hype was at it's peak that Krell would list his sales to hook more sellers. He doesn't list them anymore so I guess BB has enough sellers now.

April sales

B A M B O R A website

B O U N C E L O G I C lander

S T A R T C O I N error page

S T A C K K brandbucket page

D A S H R godaddy page

S I M P L E D E F E N S E hostgator page

U P F U E L website

H O M E C R A T E website

Z E N S T A C K godaddy page

N I T R O G E N C L O U D godaddy page

I D E N T I T Y L A B S website

F U N D I F U L forwarded



May sales

C y b e r s p r o u t website

S i m p l e R o b o t forwarded

S w i t c h P u l s e brandbucket page

W o r k P i l e website

Z e n o z a landing page

R e c r u i t P a d brandbucket page

F u t u re W h e e l s website

R e a d y S t r e a m landing page

T e c h S i l o godaddy page

N e t w o r k S t a c k landing page

H e l l o P a y m e n t forwarded

P a y M y T a b website

P r o v i d r website

C a r v e z a landing page

Z e n S t a t e brandbucket page

H e l p N i n j a website

S i l e n t B o o s t website


June sales

S U P P O R T S T A C K website

M I C R O F U N D E R godaddy page

P L U N C website

T A L K S I G N A L website

B L O C K A B L E listed for sale for $19,895

R E A D Y S E L E C T landing page

N E X T B L O O M brandbucket page

P R O N T O L Y website

B U R S T D R I V E

G L A M S T A C K dead shopify page

C H I C C R O W D website

L E G A L R O O M landing page

L A U N C H G R I D wp dead page

C O O K I N G L Y dead page

F L O W P A Y M E N T godaddy page

S W Y P E R landing page

S E N D C O godaddy page

T A P B O T dead page



July sales

B U F F E R Z O N E website

S T A C K P A T H website

S A F E C L O A K subscribe page

B O O K T I V A website

Z E N P U L S E we will be live in 508 days LOL

H O L S T R forwarded

C A R S Y dead page

T R A C K E R L Y forwarded to tracker.ly

D A N C E F U L dead page

U B E R S E C U R I T Y brandbucket page

H Y Y P E 410 brandbucket page

S E R V E S U P dead page

Yeah I checked out a bunch was surprised. You have a typo on Holstr.com it's Holstar.com Parked page.

 

[hookbox]

Yeah I checked out a bunch was surprised. You have a typo on Holstr.com it's Holstar.com Parked page.

Actually it is Holstr and it is a live website. I didn't realize that Google fixed the typo when I first checked and it redirected to DesantisHolster.com so I thought they bought it as a typo for Holster.

https://www.brandbucket.com/holstr

 

[equity78]

Actually it is Holstr and it is a live website. I didn't realize that Google fixed the typo when I first checked and it redirected to DesantisHolster.com so I thought they bought it as a typo for Holster.

https://www.brandbucket.com/holstr

Ok thanks my damn program auto corrected and made it star.

 

[BrandVenue]

There are many keyword+lytic and keyword+lytics names on bb. this is the first time I see a keyword with both lytic and lytics version (start/lytic published last month and start/lytics published today). there was a time when bb would protect seller's interest by not accepting very similar names i.e a keyword ending with 'zu' when ends with 'zo' version is already listed. later they accept 'zo' 'zu' 'zi' 'za' almost every pronounceable version nowadays but listing keyword ending with both singular and plural version? that's something new in my bb experience.

Seeing that start/lytics is owned by MK, I am thinking that if an average joe had submitted start/lytics, would it been approved by bb?

there are many 2 word names might affect this, metric/metrics, lab/labs, logic/logics, optic/optics, venture/ventures etc. would bb approve both singular and plural version of a name contains metric and metrics or lab and labs?

I wonder what other bb publishers think about this. do you think it's fair or not?

 

[disaac81]

Anyone know how many names BB sold in June?

And has anyone sold anything this month?

 

[jamesau]

I was hoping to get some input from one or several successful BB sellers. Let's set the arbitrary criteria of more than $10K in BB sales in the last 12 months.

Could you break down for users here the approximate profit & loss over the last 12 months:

1. Total number of domains in portfolio (so we can estimate renewal costs)
2. Acquisition costs of all domains submitted (not just those approved - include reg fee or purchase price)
3. Amount received in commission (after BB took their cut)

Appreciate this may seem like a big ask, but I'd really like to get a handle on whether this is a domaining business model worth pursuing.

Why should you share this info? As I see it you're more likely to scare speculators away than attract them.

 

[Keith DeBoer]

I was hoping to get some input from one or several successful BB sellers. Let's set the arbitrary criteria of more than $10K in BB sales in the last 12 months.

Could you break down for users here the approximate profit & loss over the last 12 months:

1. Total number of domains in portfolio (so we can estimate renewal costs)
2. Acquisition costs of all domains submitted (not just those approved - include reg fee or purchase price)
3. Amount received in commission (after BB took their cut)

Appreciate this may seem like a big ask, but I'd really like to get a handle on whether this is a domaining business model worth pursuing.

Why should you share this info? As I see it you're more likely to scare speculators away than attract them.

You have to do this yourself. It's called a 'business plan' and every domainer should have one.

Conservative numbers are:

• 20% of submitted domains get accepted
• Average listing is $1995
• 3% of your portfolio sells in one years time

Crunch the numbers and create your plan.

 

[Chris Hydrick]

You have to do this yourself. It's called a 'business plan' and every domainer should have one.

So what do you say to those who grew their portfolio with hundreds of free listing fee's? Then resell their "bad" bb domains to improve their portfolio in hopes of raising their success rate and reducing renewal fee's?

bb has a business plan, and I believe it's volume in numbers, and volume in listing fee's. Most NPers bb business plan relies on the strong reseller market that is steadily declining on NP. There are chances to buy quality bb domains at great reseller prices these days because of the watered down success rate / growing issue of renewals given the disproportionate amount of sales / benefits. Some names of which would sell better if not sold as a bb domain as the vast number of domainers don't use bb, and don't care to wait 30 days to remove a domain.

Conservative numbers are:

• 20% of submitted domains get accepted
• Average listing is $1995
• 3% of your portfolio sells in one years time

Crunch the numbers and create your plan.

@Keith DeBoer - Are those your figures from your portfolio? If not, where are your stats from?

• 400,000 / 40,000 = 10%
  
  
  
  http://www.prweb.com/releases/brandbucket/sales/prweb13316820.htm

• @Doron Vermaat - Thanks for detailing your success in the article linked below.
  
  
  
  
  http://dngeek.com/2016/04/brandbucket-2-4-million-in-sales-in-2015/
  
  
• @Keith DeBoer Are you selling at a 3% rate?

 

[JimJammy]

I was hoping to get some input from one or several successful BB sellers. Let's set the arbitrary criteria of more than $10K in BB sales in the last 12 months.

Could you break down for users here the approximate profit & loss over the last 12 months:

1. Total number of domains in portfolio (so we can estimate renewal costs)
2. Acquisition costs of all domains submitted (not just those approved - include reg fee or purchase price)
3. Amount received in commission (after BB took their cut)

See the link in my signature.

Appreciate this may seem like a big ask, but I'd really like to get a handle on whether this is a domaining business model worth pursuing.

My honest opinion is... if you (or anyone) is expecting to join BB and make $$$s in profit in the first year then BB is not for you. If your strategy is to build a portfolio of quality brandables using BB to sell enough to enable you to buy more brandables and pay the renewals on your existing ones then BB is for you.

I use most of the funds I get from brandable domaining to grow my portfolio bigger (I have withdrawn some funds). There will be a point in the future I'm sure when I stop buying brandables and just withdraw the funds on any brandables I sell.

Good luck with whatever you decide James

 

[JimJammy]

Another great article equity!
WalMart Using BrandBucket for Domain Acquisition

Interesting true story:
My company regularly uses a creative design agency to produce copy and images. A few years ago we asked this creative agency to come up with a sub-brand for our company. The brief was simple. Short name. An implication of our current brand name. Domain must be available. Trademark must be available.

They came up with a dozen names or so. We all sat around a whiteboard looking at the various names and were handed headed paper/business cards with example names/logos/slogans etc. It was a fun brainstorming session .

The first choice. The domain was for sale "make offer". We made an offer of £100 (hey, you do for the first offer don't you). The response was for £20,000. We went back with £1,000. It went on, back and forth for about a month. We didn't buy the domain. (GoDaddy)

The second choice. The domain was for sale "make offer". There was a minimum offer of £1,000. We made an offer of £1,000. We never got a response. (Sedo)

The third choice. The domain was for sale for £4,999. We hit the buy it now. (Sedo)

We wasted 2 months on 'negotiations', and were left disappointed that we didn't get the first choice. We had a loose budget of low £x,xxx for a domain and we went over that budget because we were fed up with negotiating.

We've bought domain names since then but only last week we went through a very similar exercise to the one above. We needed a domain name. This time we included in the brief... domains with an immediate BIN under £5,000.

I personally learned a lesson there, and I'm sure the agency did too. I doubt they will ever present a possible new brand name to one of their clients without being in a position to buy the name quickly again.

More interestingly, when we were presented with the whiteboard last Friday, it was obviously BB names (and logos) I was looking at .

It's a small world.

 

[disaac81]

See the link in my signature.



My honest opinion is... if you (or anyone) is expecting to join BB and make $$$s in profit in the first year then BB is not for you. If your strategy is to build a portfolio of quality brandables using BB to sell enough to enable you to buy more brandables and pay the renewals on your existing ones then BB is for you.

I use most of the funds I get from brandable domaining to grow my portfolio bigger (I have withdrawn some funds). There will be a point in the future I'm sure when I stop buying brandables and just withdraw the funds on any brandables I sell.

Good luck with whatever you decide James

Great post, and thanks for sharing.

How fast did you find you could grow your portfolio (assuming a 20% - 30% acceptance rate). The hard thing for me is getting names rejected that is really believed were a good fit, I know there is a discussion on this in another thread.

Also, would you mind sharing your brandbucket portfolio page url?

Great to hear you have had success. Like most things in life it is hard work and I suppose we have to be positive and be in it for the long haul to grow a large portfolio, rather than expecting sales off the bat.

 

[JimJammy]

Great post, and thanks for sharing.

How fast did you find you could grow your portfolio (assuming a 20% - 30% acceptance rate). The hard thing for me is getting names rejected that is really believed were a good fit, I know there is a discussion on this in another thread.

Also, would you mind sharing your brandbucket portfolio page url?

Great to hear you have had success. Like most things in life it is hard work and I suppose we have to be positive and be in it for the long haul to grow a large portfolio, rather than expecting sales off the bat.

I started with $1,000. It took me a year (from June 2015 to June 2016) to build a BB portfolio of 750 names, as I sold a domain, I reinvested the funds into buying more names and/or renewals. I'm quite hot on renewing early so I don't get caught in a position of not having funds available when the time comes. I'm around 6 months away from having to renew any BB name.

Rejections were tough for me too! I used to get cross that BB didn't share my vision of my fabulous names . This is why I went with building my own landing pages for any rejected names that I intended to keep. Their loss!

It's interesting that you say like most things in life, it is hard work. I've met so many BBers that expect to load up their brandables on BB and have the $$$s roll in. If a standard (non-brandable) domainer bought their domains and loaded them up on a domain marketplace without doing anything else the $$$s wouldn't roll in would they?

You only have to look at the domain sales thread here to see those domainers that are doing that little extra to get their names noticed, whether that be by outreach, twitter, linkedin, their own website or whatever. It's the same with brandables.

As the saying goes, 'the harder I work, the luckier I get'

 

[NetworkPearl]

I have a question , how does BB market our domains and now I see that total domains are 33,000+

 

[Justin Matmor]

I have a question , how does BB market our domains and now I see that total domains are 33,000+

BB would never share their trade secrets otherwise every other marketplace would copy them. What we do know is that BB sells at least 2 names every day.

 

[JimJammy]

I have a question , how does BB market our domains and now I see that total domains are 33,000+

I've been looking for the post but I can't find it.

I remember Michael saying that they don't rely on SEO and adwords (which they still do anyway) and they spend considerable time building relationships... with blog domainers, branding agents, marketing agencies etc etc.

 

[Theydon]

Recently I've had a few emails from BB asking if I would entertain an offer 15-20% under the current asking price. Has anyone else seen the same?

 

[Keith DeBoer]

Recently I've had a few emails from BB asking if I would entertain an offer 15-20% under the current asking price. Has anyone else seen the same?

100% of my sales have been at full asking price. I've never been asked to discount any of my domains.

 

[DNGear]

Anyone got this??

 

[NetworkPearl]

Anyone got this??




Show attachment 35034

Those 33,333 names?

They were like 33,050 2 days ago I think

 

[loredan]

No worries, in two months time (or even earlier) you'll be able to take a screenshot with 44,444