OLX Review

Updated 07.04.2020

The Olx serves to sell or find new and used products, cars, real estate and services
Likes 11,389


Our rate (9.8)
Price: Free
Category : buy and sell
Developer : Naspers
Sponsored Link

OLX is a global e-commerce company based in Amsterdam, Netherlands. It operates in 118 countries, publishing classified ads on the Internet. It was founded in March 2006 by entrepreneurs Fabrice Grinda and Alejandro Oxenford.


In Brazil, since 2010, OLX has joined its competitor Bom Negócios, in agreement with Schibsted, in early 2015. The agreement also extends to operations in Bangladesh, Thailand and Indonesia. Currently, OLX Brasil is controlled by the South African group Naspers (50%) and by the Norwegian media group Schibsted (50%).


In Portugal, OLX's website was initially managed by the company FixeAds which in early 2018 became OLX Portugal owned by the Naspers group, and which has other online purchase, sale and service websites since 2007 such as Standvirtual, Imovirtual, Things and Faturavirtual.

OLX has 4000 employees


connect people so they can buy and sell simply, easily, and quickly. Thus, they believe that they are improving the lives of buyers and sellers, offering a platform full of opportunities in the most diverse categories, such as: children's items, electronics, sports items, cars, etc.


The OLX Direct is a partnership between Traycheckout and olx.com.br. The new service allows buyers and sellers to make and receive payments through our website. All transactions made within the OLX Direct are free and secure.


For those who sell must: Send charges in a simple way, No fees for transactions, Receive your money with a click.


Pars who purchase must: Parcel in up to 12x, Guarantee, Security


Select Device to get Review
Price: Free
Category : buy and sell
Developer : Naspers
Sponsored Link

About ..

What you can buy, advertise, sell, and trade in the app:


• Laptops, TVs and Videogames


• All cell types: cheap cell phone, new cell phone or used cell phone


• New or used furniture


• New or new cars


• Motorcycles


• Properties


• Services


• Agro, Industry and Trade Equipments


• Products for gardening and construction


• New or used musical instruments


• Books in good condition


• Clothing and accessories in good condition


• Beauty and makeup products


• New and used toys


• Everything for Babies


• Sports and bodybuilding articles


• Jobs


Tips
There are several tricks that hides this implementation that can be very useful:

- Create an ad on the fly
- Sell fast
- Share your sale on Facebook, WhatsApp etc.
- Manage your ads
- Negotiate for chat or phone
- Make extra money

WANT TO BUY?
Download the free application and start your purchase! Here you can find:
- The best filters and market search engine
- Thousands of ads for cars, for sale or rent of real estate, cellular, etc.
- Easy to negotiate with the seller
- Largest range of products on the market
- Cheaper Prices

Pros/Cons
Pros
- It is one of the sales platforms with more positioning and reputation, which allows users to make purchases more easily.
- It has its own payment processor, Mercado Pago, which offers its customers different payment and financing options in installments (although the seller charges the full amount of the transaction). At the same time, the customer does not need to provide credit card information before making each purchase, so it is a safer way of making payments and receiving money.
- It has a platform to facilitate shipping logistics, Market Shipping, a factor that is essential to have resolved before entering the online sales world.
-He has a large traffic of people looking for products, generally expecting to find a lower price, which implies that the products will have lots of visibility for the people who are looking for them.
Cons
- Very high commissions are charged. Free market operations are two types of charge: the cost of publishing or selling a product. While it is possible to make free publications for a month, it is recommended to pay the Commission so that our products are better placed against other competitors and more sales are achieved (fees range from 7.5% to 20% per sale depending on the type of publication you choose).
- People have to be registered in the free market for purchases, a situation that could discourage the customer to make the purchase only to skip this step (and search sites like OLX where no registration required). Keep in mind that the more steps a purchase takes, the more likely it is to fall. Oops
"Done the law, made the trap. By having so many customer traffic are popping up many forms of free market scams usually occur while making the payment process and you have to be aware of possible ways to cheat. I personally know many people cheated with deposits of fake email confirmation emails or bank transfers.
-The printing of the shipping guide by the Shipping Market is valid for 48 hours. This means that if you sell a product that needs more time to be shipped, it could be a problem, since the customer usually pays the office with the purchase.
I wanted to share with you all the features of the free market so you have in mind before embarking on this sales platform. Depending on the size of your business and the price of your products, consider that in the short term you prune to lose a lot of money on commissions.
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