olx.com.ng is the most popular Pakistan's free local advertisement service. They have managed to get even the smallest villages across the world. OLX is currently in about 40 countries globally. OLX became so popular in Nigeria after googletrader announced that that will no longer be offering the classified ads platform in Nigeria giving the market share to OLX. A strong competitor (www.tradestable.com) was able to
come around in 2014 which almost consumed OLX but olx was quick enough to acquire it and things have been fine since then.
Olx continues to be Nigeria's largest classified ads platform helping millions of Nigerians sell used and sometimes even new products. The coming of OLX into Nigeria sent the likes of nairalist.com of Seun Osewa into its early grave in the market of classified ads.
The market share in this sector now lies between OLX and its biggest contender which is efritin.com.
Service Reach
OLX is in all the nooks and crannies of Nigeria provided there is internet access.
Comparison with competitors
OLX will have to come with new innovation as its currently doing almost the same thing and taking the same steps with efritin.com i.e these two companies both give you a call after you have posted stuffs online and the make move to do physical verification. efritin.com takes it further by offering logistics to ensure delivery of stuffs ordered on its web for a token though. However, there is currently no match for OLX's phone apps in the Nigerian classified ads market. This is top rated.
Website Platform
The website platform is top rated and easy to use. Availability of locations make it a fantastic niche advantage as it ensures that people who are closer to you are able to find your stuffs. However, Rated9JA noticed that, even when we change the location of a listed item people still call to say that they saw it on the location previously listed. We are certainly not sure if location can be changed once your item has been listed on the website.
Products & Services
OLX offers some premium services that will ensure that listed items get maximum exposure so it can be sold quickly. They could help you manage the whole process form display to even the logistics at times.
You could also have your listed items visible in all locations in Nigeria for a quick sale. This is also a premium service.
Sales Period
Unlike few years ago, we have noticed that it takes longer time to sell items on OLX. Even though you can now monitor how many people viewed your listed items but we o not see much correlation in the number of feedback and the duration to make the sales.
It now takes longer than before to sell something on OLX and this may not be far from the fact that many people have become so skeptical about adverts on OLX just not to fall into the hands of swindlers. A major reason OLX is working hard in order to eradicate soon.
Quality Assurance
This company is really working hard to ensure there is improvement in services they offer. Rated9JA loves to fill the surveys we often receive from OLX via texts and we are always glad they are going that far for feedback.
Compensation
There is no known compensation. However there is an obvious disclaimer on OLX website for buyers and sellers to take responsibilities for their actions afterwards.
Online Customer Service
Customer service is great.
On-Site Customer Service
N/A
E-Wallet
N/A
Product Exchange
N/A
Delivery Days
N/A
Advise to Company
OLX no doubt, is still the largest and most preferred classified ads platform in Nigeria.However, physically going to check all listed items is too manual,capital intensive, and time wasting for both parties. You would be able to leverage on real-time technology like Skype, Smart phones,etc to speak with your customers and have them show you all necessary things you need to see on the items before it is listed. You may also allow people to login with their facebook as this will reduce spamming a lot.
website: www.olx.com.ng
NB: Please note that this review may be modified as soon as new information is available.
Rated9ja
