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

 

[frank-germany]

.. and 98% of names never sell,

1) google is your best friend
2) do due dilligence
3) not sold !== never sells

BrandBucket: $2.4 million in sales in 2015
April 7, 2016 Doron Vermaat Marketplaces

BBLeading brandable domain name marketplace BrandBucket sent me a press release in which they share they have sold $2.4 million in business names in 2015. The last time the marketplace shared any sales data was back in 2013 when the company announced it reached its goal of $1 million in sales for that year. While the company shows growth for the eighth consecutive year since opening its marketplace in 2007, the increase in revenue from an annual $1M to $2.4M over a two year period is not exactly in line with the explosive growth of its inventory which went from just a few thousand domains in 2013 to more than 23,000 listings by the end of 2015.

Early sellers on the platform used to report sell through ratios as high as 50% sometimes while most sellers with large portfolios listed on the marketplace report sell through ratios of around 4% annually these days. If you take an average sales price of $2,400 per domain the annual sell through ratio over 2015 is 4.3%.
http://dngeek.com/2016/04/brandbucket-2-4-million-in-sales-in-2015/

----



This means the company probably brought in about $750,000 in revenue last year, assuming all domain sales were for third-party listers.

Brandable domain names can be difficult to sell, but BrandBucket does a good job pulling together quality brandable inventory at fair prices. This, combined with requiring clients forward their domains to landing pages, helped the company turn 5% of its inventory last year.

http://domainnamewire.com/2016/04/07/brandbucket-sales/


---

so I guess its pretty save to say
your claim 98% don't sell is simply FALSE information

true seems to be: about 5% sold in 2015 alone
and a few may sell this year

 

[kaposzta]

Maybe I'm mistaken, but I noticed that the rapid expansion of BB's inventory seems to be slowing down. I see 36,XXX names for a long time.

 

[Andish]

Maybe I'm mistaken, but I noticed that the rapid expansion of BB's inventory seems to be slowing down. I see 36,XXX names for a long time.

not really, in last 20 days they went from 35100 to 36957, which is 92 names/day. In the preceding 13 months the average was 38 names/day. Last 6 days BB adds 98 names/day.

That means they will double the portfolio in less then a year... If the advertising will not double the sell-through rates will keep falling...

 

[November]

I think it's impossible to double their sell-through rates...

 

[Domain Monk]

How many domains BB sells avg in a month

 

[kaposzta]

not really, in last 20 days they went from 35100 to 36957, which is 92 names/day. In the preceding 13 months the average was 38 names/day. Last 6 days BB adds 98 names/day.

That means they will double the portfolio in less then a year... If the advertising will not double the sell-through rates will keep falling...

Sh*t :D Thanks for the calculation!

 

[nagaraj116]

I submitted two domains but BB delayed for result so I sold them at $10 each. But after 2 days of selling, I got an email that domains are accepted. And suggested price was $2295 and $1895.

 

[kaposzta]

I submitted two domains but BB delayed for result so I sold them at $10 each. But after 2 days of selling, I got an email that domains are accepted. And suggested price was $2295 and $1895.

Be more patient next time It's worth waiting their response.

 

[Dominic Belley]

I submitted HIMB.com last week and got the review. I am pretty sure they made a mistake and they wanted to appraise at $4995 ..ahah.

 

[kaposzta]

I submitted HIMB.com last week and got the review. I am pretty sure they made a mistake and they wanted to appraise at $4995 ..ahah.
Show attachment 38327

I had a similar issue a few months ago. The name wasn't so special, but it received a $17,995 BB price.. I've sent a PM to Michael and he changed the price to $1,795.

 

[nagaraj116]

Hello all, My domain Visitance.com is accepted by BB and suggested price is $1895. Now what? If I pay listing fees of $10, will they provide me logo or publish without a logo.

 

[iwon24]

Hello all, My domain Visitance.com is accepted by BB and suggested price is $1895. Now what? If I pay listing fees of $10, will they provide me logo or publish without a logo.

they will provide the logo

 

[nagaraj116]

they will provide the logo

All in $10?

 

[JimJammy]

Hello all, My domain Visitance.com is accepted by BB and suggested price is $1895. Now what? If I pay listing fees of $10, will they provide me logo or publish without a logo.

You pay the listing fee, choose what price to list your domain at (suggested price or up/down 20%), you also choose the amount you pay the logo designer after the domain has sold and they will write a description, arrange the logo and publish the domain on their site.

Brandbucket FAQs are here: https://www.brandbucket.com/help/faq/sellers (I'm not being flippant, but it's a useful read if you haven't found it yet).

 

[iwon24]

if you pay the $10 fee your name will be published with a logo and if the name sells brandbucket will take 30% fee and then the price for the logo out of the final sale price

you can choose how much for the logo which is

100 - 500

but they only take this if the name sells

so example

your name is listed at $2000

and it sells

$2000 - brandbucket 30% = $1400

and then they take say $100 for logo if you choose that amount

$1400 - $100

so you recieve

$1300

 

[hookbox]

Maybe I'm mistaken, but I noticed that the rapid expansion of BB's inventory seems to be slowing down. I see 36,XXX names for a long time.

They are adding more than they ever have. Sunday was always an off day and they never added anything on that day. Now every single day they add names. They also never in their history have added more than 99 names in any single day. That changed this past week with over 100 names added 4 of the last 7 days. See stats below.

Aug 26 99 names
Aug 27 104 names
Aug 28 (sunday) 94 names
Aug 29 104 names
Aug 30 104 names
Aug 31 96 names
Sept 1 107 names

If they continue this pace they will easily have over 75,000 names in less than one years time.

 

[kaposzta]

They are adding more than they ever have. Sunday was always an off day and they never added anything on that day. Now every single day they add names. They also never in their history have added more than 99 names in any single day. That changed this past week with over 100 names added 4 of the last 7 days. See stats below.

Aug 26 99 names
Aug 27 104 names
Aug 28 (sunday) 94 names
Aug 29 104 names
Aug 30 104 names
Aug 31 96 names
Sept 1 107 names

If they continue this pace they will easily have over 75,000 names in less than one years time.

This is really sad, as being successful on BB is partly a numbers game. Of course, the quality of the names is the most important factor, but if I possess only 0,1% of all domains then there's less chance that a buyer even sees my domains.

 

[campout]

I'm calculating the current site-wide sell-through rate around 2.8% or so.

 

[PAINC]

Wow, didn't check for a while but when I logged in I had these:

Bagax.com $2,795 (!!) Thanks @Finest
Fadamo.com $1,995 Thanks @Finest
TouchLens.com $1,895
(+ the ones I had before: Reumo, Tropago, Oduda, Ebedy)

But I should I put up all of them? Or can I delete from the listing?

TouchLens and Bagax am I paying for right now anyways!

 

[Keith DeBoer]

FYI
BrandBucket started a new ad campaign a few months ago. It's targeted towards startup founders and entrepreneurs via the podcast niche. They have become a major sponsor of these podcasts and have visual ads on the podcast site as well as audio ads during the podcasts. You can see some examples at Rocketship.fm and TheAppGuy.com

http://rocketship.fm/series/product_management/1-the-evolution-of-the-baseball-cap/
http://www.theappguy.co/the-app-guy-podcast/2016/6/24/tagp472-eamonn-carey

It appears to be the primary reason why BB sales have remained strong this summer instead of experiencing their usual Summer lull along with the rest of the domain industry.

 

[hookbox]

FYI
BrandBucket started a new ad campaign a few months ago. It's targeted towards startup founders and entrepreneurs via the podcast niche. They have become a major sponsor of these podcasts and have visual ads on the podcast site as well as audio ads during the podcasts. You can see some examples at Rocketship.fm and TheAppGuy.com

http://rocketship.fm/series/product_management/1-the-evolution-of-the-baseball-cap/
http://www.theappguy.co/the-app-guy-podcast/2016/6/24/tagp472-eamonn-carey

It appears to be the primary reason why BB sales have remained strong this summer instead of experiencing their usual Summer lull along with the rest of the domain industry.

That whole summer lull thing is a total myth. Those that came up with that are probably domainer to domainer sellers. Maybe it's the domainer market that takes a break during the summer but the business world never sleeps no matter what time of year it is except for maybe between December 24 and January 3. BB targets end users and that is why their sales are still consistent during the summer months plus they have more than doubled their inventory since last summer so of course their sales would be up or at least consistent with last summer's sales.

 

[frank-germany]

That whole summer lull thing is a total myth. .

not for me

 

[JimJammy]

That whole summer lull thing is a total myth. Those that came up with that are probably domainer to domainer sellers.

Facts don't lie:
http://www.dnjournal.com/archive/domainsales/2016/20160907.htm

 

[hookbox]

Facts don't lie @JimJammy ? Do you believe everything based on the title of the article?

"Summer Doldrums Are Here - Year's Slowest Sales Week Arrives Just Ahead of Labor Day Weekend"

If you know what you're looking at you will see that the chart looks less than normal because of Sedo's less than normal sales going back many months. Everybody in the industry knows that Sedo sales have tanked and the chart looks sparse because of that. Here are some links from DNjournal's sales from February and April and the sales look exactly the same. Sparse!!

http://www.dnjournal.com/archive/domainsales/2016/20160217.htm

http://www.dnjournal.com/archive/domainsales/2016/20160406.htm

So you are kind of right if you don't actually check the facts.

 

[JimJammy]

Facts don't lie @JimJammy ? Do you believe everything based on the title of the article?

"Summer Doldrums Are Here - Year's Slowest Sales Week Arrives Just Ahead of Labor Day Weekend"

If you know what you're looking at you will see that the chart looks less than normal because of Sedo's less than normal sales going back many months. Everybody in the industry knows that Sedo sales have tanked and the chart looks sparse because of that. Here are some links from DNjournal's sales from February and April and the sales look exactly the same. Sparse!!

http://www.dnjournal.com/archive/domainsales/2016/20160217.htm

http://www.dnjournal.com/archive/domainsales/2016/20160406.htm

So you are kind of right if you don't actually check the facts.

http://www.dnjournal.com/archive/domainsales/2016/20160907.htm
The Labor Day weekend - a signpost that many Americans regard as the unofficial end of summer - starts Saturday and runs through the actual national holiday Monday (September 5). Some people stretch the break out even longer for one final blowout before the kids are all back in school and the summer vacation season is finally over. That - and the fact that summer is typically the slowest sales season for domains - produced the fewest sales we've seen reported in a single week this year.

So you are kind of right you don't actually believe Ron Jackson, he has only been blogging reported weekly sales for years after all.