SlideShare a Scribd company logo
OLX
ON LINE EXCHANGE
(where buyers meet sellers)
ASHU GARG
HARLEEN KAUR
INTRODUCTION
• OLX is the next generation of free online classified.
• OLX is a global online market place where you can sell and buy any used
or second hand things to/from all over India.
• It was founded by Alec Oxenford, Fabrice Grinda in March 2006.
• CEO of OLX is Amarjit Singh Batra.
• OLX is present in 105 countries and has more than 100 million visitors.
• OLX is now owned by global media and digital company NASPERS.
• OLX India is spread over 1000 cities across in India.
FEATURES
• Customer registration is free and can easily sign up.
• Advertisements are free and can be posted in seconds.
• Sponsored Ads feature for better exposure of ads.
• Great diversification of classified ads under 11 categories.
• Facility of using this app on mobile.
• Variety of Languages.
FEATURES (contd.)
• Wider Audience.
• Inuitive User Interface.
• Easy to create advertising.
• Product Variety.
PAYMENT METHOD
• ATM/Debit Card.
• Paypal.
• Credit Card.
• Gcash.
Technology used by OLX
OLX Technologies
Apache - Web Server
UltraDNS neustar - DNS services.
Dyn - Email Services.
SPF - Sender Policy Framework is an open standard specifying a technical
method to prevent sender address forgery.
Google Apps for Business - Web-based email, calendar, and documents for
teams. Now known as Google Apps for Work.
UltraDNS neustar Hosting - Enterprise data hosting services.
Akamai Hosted - Data network CDN provider.
Ubuntu - Server.
jQuery.
HOW DOES OLX WORKS ?
• A Parallel system for customers.
• Sellers can upload pictures.
• Sellers decide the price of their product.
• Buyers can browse through the listings.
• Buyers can negotiate directly with the buyer.
• Not a liaison but a catalyst.
Where does the Revenue come from?
• Google Adsense.
• Google custom search engine.
• Featured Listings.
Business Model of OLX
If we break up the OLX business model into parts, here’s
how it functions:
The Business Model of OLX is actually scale-dependent
The website acts as a classifieds portal where customers can
buy and sell goods
OLX spends large amounts of money in order to garner more
and more user traffic and greater frequency and number of
listings
The high traffic is put to use to earn revenue by monetizing the
number of clicks and searches
Security
• Secured socket layer ("SSL") technology is used for
processing payment transactions with third- party service
provider partners, such as PayU, PayPal, and DineroMail.
• Unique customer password and user ID.
• Mandatory verification of Mobile number.
Future Scope
• Online trading of New products.
• Can increase the number of categories.
• Can add the option of fair-price.
Olx

More Related Content

What's hot

Olx
OlxOlx
How OLX changed the consumer involvement in the Scrap Market
How OLX changed the consumer involvement in the Scrap MarketHow OLX changed the consumer involvement in the Scrap Market
How OLX changed the consumer involvement in the Scrap Market
Neil Mathew
 
Olx and its working algorithm
Olx and its working algorithmOlx and its working algorithm
Olx and its working algorithm
Abdul Rehman Khan
 
OLX.in - case study presentation
OLX.in - case study presentationOLX.in - case study presentation
OLX.in - case study presentationHarshil Darji
 
OLX - The Success Story
OLX - The Success StoryOLX - The Success Story
OLX - The Success Story
Suyash Birje
 
olx company in details
olx company in details olx company in details
olx company in details
sanket kanani
 
8 Things Uber Can Teach You
8 Things Uber Can Teach You8 Things Uber Can Teach You
8 Things Uber Can Teach You
The App Business
 
Uber technologies inc
Uber technologies inc Uber technologies inc
Uber technologies inc
Varsha Singh
 
Grofers Digital Marketing
Grofers Digital MarketingGrofers Digital Marketing
Grofers Digital Marketing
AmithKrishnan10
 
Information system of Uber
Information system of UberInformation system of Uber
Information system of Uber
sisilin93
 
Ola Business Model
Ola Business ModelOla Business Model
Ola Business Model
Pran Mahato
 
Ola cabs
Ola cabsOla cabs
Ola cabs
ARSHIYA KHAN
 
OLA COMPANY
OLA COMPANYOLA COMPANY
OLA COMPANY
itachii2
 
Ola Cabs PPT
Ola Cabs PPTOla Cabs PPT
Ola Cabs PPT
RAJENDER REDDY
 
Ola Cabs: Value Creation, Strategy and Analysis
Ola Cabs: Value Creation, Strategy and AnalysisOla Cabs: Value Creation, Strategy and Analysis
Ola Cabs: Value Creation, Strategy and Analysis
Upamanyu Acharya
 
Paytm auto taxi training ppt
Paytm auto taxi training pptPaytm auto taxi training ppt
Paytm auto taxi training ppt
Oyster Learning
 
Quikr
Quikr Quikr
Quikr
Anant Lodha
 
Ola
OlaOla

What's hot (20)

Olx
OlxOlx
Olx
 
Olx
OlxOlx
Olx
 
How OLX changed the consumer involvement in the Scrap Market
How OLX changed the consumer involvement in the Scrap MarketHow OLX changed the consumer involvement in the Scrap Market
How OLX changed the consumer involvement in the Scrap Market
 
Olx and its working algorithm
Olx and its working algorithmOlx and its working algorithm
Olx and its working algorithm
 
OLX.in - case study presentation
OLX.in - case study presentationOLX.in - case study presentation
OLX.in - case study presentation
 
OLX - The Success Story
OLX - The Success StoryOLX - The Success Story
OLX - The Success Story
 
olx company in details
olx company in details olx company in details
olx company in details
 
8 Things Uber Can Teach You
8 Things Uber Can Teach You8 Things Uber Can Teach You
8 Things Uber Can Teach You
 
Uber technologies inc
Uber technologies inc Uber technologies inc
Uber technologies inc
 
Grofers Digital Marketing
Grofers Digital MarketingGrofers Digital Marketing
Grofers Digital Marketing
 
Information system of Uber
Information system of UberInformation system of Uber
Information system of Uber
 
Ola Business Model
Ola Business ModelOla Business Model
Ola Business Model
 
Ola cabs
Ola cabsOla cabs
Ola cabs
 
OLA COMPANY
OLA COMPANYOLA COMPANY
OLA COMPANY
 
Ola Cabs PPT
Ola Cabs PPTOla Cabs PPT
Ola Cabs PPT
 
Ola Cabs: Value Creation, Strategy and Analysis
Ola Cabs: Value Creation, Strategy and AnalysisOla Cabs: Value Creation, Strategy and Analysis
Ola Cabs: Value Creation, Strategy and Analysis
 
Paytm auto taxi training ppt
Paytm auto taxi training pptPaytm auto taxi training ppt
Paytm auto taxi training ppt
 
Quikr
Quikr Quikr
Quikr
 
Red bus.in
Red bus.inRed bus.in
Red bus.in
 
Ola
OlaOla
Ola
 

Similar to Olx

Olxxxxxxx
OlxxxxxxxOlxxxxxxx
Olxxxxxxx
Divya Pandey
 
Olx presentation
Olx presentationOlx presentation
Olx presentation
Ashir Ali
 
OLX
OLX OLX
SmsBazar - mobile marketplace
SmsBazar - mobile marketplaceSmsBazar - mobile marketplace
SmsBazar - mobile marketplace
Aibek Dunaev
 
Amazon ecommerce
Amazon ecommerceAmazon ecommerce
Amazon ecommerce
Nikhil Garg
 
E business
E businessE business
E business
Piyush Kapoor
 
UNIT-1 E COMMERCE.pptx
UNIT-1 E COMMERCE.pptxUNIT-1 E COMMERCE.pptx
UNIT-1 E COMMERCE.pptx
ThisIsMeh
 
O2O Commerce Corporate Profile
O2O Commerce Corporate ProfileO2O Commerce Corporate Profile
O2O Commerce Corporate Profile
RJ. Liow
 
Ecommerce trends 2021
Ecommerce trends 2021Ecommerce trends 2021
Ecommerce trends 2021
Akhilesh Krishnan
 
Content presentation_2015
Content presentation_2015Content presentation_2015
Content presentation_2015Ngan Ha
 
E commerce
E commerceE commerce
E commerce
gupta1448
 
E commerce
E commerceE commerce
E commerce
gupta1448
 
An Study on Real Estate Portals in India
An Study on Real Estate Portals in IndiaAn Study on Real Estate Portals in India
An Study on Real Estate Portals in India
Tony Sebastian
 
Google Checkout Para Medios
Google Checkout Para MediosGoogle Checkout Para Medios
Google Checkout Para MediosJuan Varela
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
Sindhuja Nanduri
 
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
Nanthini
 
E-commerceG1-Case3 Amazon
E-commerceG1-Case3 AmazonE-commerceG1-Case3 Amazon
E-commerceG1-Case3 Amazonnewnwan
 
Ecommerce
EcommerceEcommerce
Ecommerce
Niyati Mehta
 
ShopperQuickCorporatePresentation
ShopperQuickCorporatePresentationShopperQuickCorporatePresentation
ShopperQuickCorporatePresentationTabish Ahmed
 

Similar to Olx (20)

Olxxxxxxx
OlxxxxxxxOlxxxxxxx
Olxxxxxxx
 
Olx presentation
Olx presentationOlx presentation
Olx presentation
 
OLX
OLX OLX
OLX
 
SmsBazar - mobile marketplace
SmsBazar - mobile marketplaceSmsBazar - mobile marketplace
SmsBazar - mobile marketplace
 
Amazon ecommerce
Amazon ecommerceAmazon ecommerce
Amazon ecommerce
 
E business
E businessE business
E business
 
UNIT-1 E COMMERCE.pptx
UNIT-1 E COMMERCE.pptxUNIT-1 E COMMERCE.pptx
UNIT-1 E COMMERCE.pptx
 
Quikr.com
Quikr.comQuikr.com
Quikr.com
 
O2O Commerce Corporate Profile
O2O Commerce Corporate ProfileO2O Commerce Corporate Profile
O2O Commerce Corporate Profile
 
Ecommerce trends 2021
Ecommerce trends 2021Ecommerce trends 2021
Ecommerce trends 2021
 
Content presentation_2015
Content presentation_2015Content presentation_2015
Content presentation_2015
 
E commerce
E commerceE commerce
E commerce
 
E commerce
E commerceE commerce
E commerce
 
An Study on Real Estate Portals in India
An Study on Real Estate Portals in IndiaAn Study on Real Estate Portals in India
An Study on Real Estate Portals in India
 
Google Checkout Para Medios
Google Checkout Para MediosGoogle Checkout Para Medios
Google Checkout Para Medios
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
 
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
5 TYPES OF ONLINE MULTI-VENDOR MARKETPLACES
 
E-commerceG1-Case3 Amazon
E-commerceG1-Case3 AmazonE-commerceG1-Case3 Amazon
E-commerceG1-Case3 Amazon
 
Ecommerce
EcommerceEcommerce
Ecommerce
 
ShopperQuickCorporatePresentation
ShopperQuickCorporatePresentationShopperQuickCorporatePresentation
ShopperQuickCorporatePresentation
 

Recently uploaded

Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
SemajahParker
 
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
Veronika Höller
 
Etsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital ProductsEtsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital Products
kcblog21
 
Phil Pallen PPT Biography and Interviews
Phil Pallen PPT Biography and InterviewsPhil Pallen PPT Biography and Interviews
Phil Pallen PPT Biography and Interviews
travisomalana
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Auxis Consulting & Outsourcing
 
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
Demandbase
 
QuickBooks Sync Manager Repair Tool- What You Need to Know
QuickBooks Sync Manager Repair Tool- What You Need to KnowQuickBooks Sync Manager Repair Tool- What You Need to Know
QuickBooks Sync Manager Repair Tool- What You Need to Know
markmargaret23
 
Exploring the Top Digital Marketing Company in Canada
Exploring the Top Digital Marketing Company in CanadaExploring the Top Digital Marketing Company in Canada
Exploring the Top Digital Marketing Company in Canada
Solomo Media
 
How To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim HaydenHow To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim Hayden
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
minatamang0021
 
Google Ads Vs Social Media Ads-A comparative analysis
Google Ads Vs Social Media Ads-A comparative analysisGoogle Ads Vs Social Media Ads-A comparative analysis
Google Ads Vs Social Media Ads-A comparative analysis
akashrawdot
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun GuptaAI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
DigiMarCon - Digital Marketing, Media and Advertising Conferences & Exhibitions
 
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
Search Engine Journal
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
The Good the Bad and The Ugly of Marketing Measurement
The Good the Bad and The Ugly of Marketing MeasurementThe Good the Bad and The Ugly of Marketing Measurement
The Good the Bad and The Ugly of Marketing Measurement
NapierPR
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
TravisMalana
 

Recently uploaded (20)

Playlist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music UPlaylist and Paint Event with Sony Music U
Playlist and Paint Event with Sony Music U
 
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
WTS-Berlin-2024-Veronika-Höller-Innovate-NextGEN-SEO-Merging-AI-Multimedia-an...
 
Etsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital ProductsEtsy Marketing Guide - Tips For Selling Digital Products
Etsy Marketing Guide - Tips For Selling Digital Products
 
Phil Pallen PPT Biography and Interviews
Phil Pallen PPT Biography and InterviewsPhil Pallen PPT Biography and Interviews
Phil Pallen PPT Biography and Interviews
 
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
Traditional Store Audits are Outdated: A New Approach to Protecting Your Bran...
 
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
What’s “In” and “Out” for ABM in 2024: Plays That Help You Grow and Ones to L...
 
QuickBooks Sync Manager Repair Tool- What You Need to Know
QuickBooks Sync Manager Repair Tool- What You Need to KnowQuickBooks Sync Manager Repair Tool- What You Need to Know
QuickBooks Sync Manager Repair Tool- What You Need to Know
 
Exploring the Top Digital Marketing Company in Canada
Exploring the Top Digital Marketing Company in CanadaExploring the Top Digital Marketing Company in Canada
Exploring the Top Digital Marketing Company in Canada
 
How To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim HaydenHow To Navigate AI - The Future is Yours to Define - Tim Hayden
How To Navigate AI - The Future is Yours to Define - Tim Hayden
 
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel LeminTurn Digital Reputation Threats into Offense Tactics - Daniel Lemin
Turn Digital Reputation Threats into Offense Tactics - Daniel Lemin
 
How to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that RanksHow to Use AI to Write a High-Quality Article that Ranks
How to Use AI to Write a High-Quality Article that Ranks
 
Google Ads Vs Social Media Ads-A comparative analysis
Google Ads Vs Social Media Ads-A comparative analysisGoogle Ads Vs Social Media Ads-A comparative analysis
Google Ads Vs Social Media Ads-A comparative analysis
 
Digital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on HowDigital Marketing Trends - Experts Insights on How
Digital Marketing Trends - Experts Insights on How
 
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun GuptaAI Driven Emotional Recognition in Digital Ads - Tarun Gupta
AI Driven Emotional Recognition in Digital Ads - Tarun Gupta
 
Mastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis YuMastering SEO for Google in the AI Era - Dennis Yu
Mastering SEO for Google in the AI Era - Dennis Yu
 
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
Smart Tools, Smarter Business -15 AI Tools to Optimize Your Workflows from Id...
 
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
[Google March 2024 Update] How To Thrive: Content, Link Building & SEO
 
Email Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris FerrisEmail Marketing Master Class - Chris Ferris
Email Marketing Master Class - Chris Ferris
 
The Good the Bad and The Ugly of Marketing Measurement
The Good the Bad and The Ugly of Marketing MeasurementThe Good the Bad and The Ugly of Marketing Measurement
The Good the Bad and The Ugly of Marketing Measurement
 
DMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docxDMF Portfolio Piece Smart Goals - Artist Management.docx
DMF Portfolio Piece Smart Goals - Artist Management.docx
 

Olx

  • 1. OLX ON LINE EXCHANGE (where buyers meet sellers) ASHU GARG HARLEEN KAUR
  • 2. INTRODUCTION • OLX is the next generation of free online classified. • OLX is a global online market place where you can sell and buy any used or second hand things to/from all over India. • It was founded by Alec Oxenford, Fabrice Grinda in March 2006. • CEO of OLX is Amarjit Singh Batra. • OLX is present in 105 countries and has more than 100 million visitors. • OLX is now owned by global media and digital company NASPERS. • OLX India is spread over 1000 cities across in India.
  • 3. FEATURES • Customer registration is free and can easily sign up. • Advertisements are free and can be posted in seconds. • Sponsored Ads feature for better exposure of ads. • Great diversification of classified ads under 11 categories. • Facility of using this app on mobile. • Variety of Languages.
  • 4. FEATURES (contd.) • Wider Audience. • Inuitive User Interface. • Easy to create advertising. • Product Variety.
  • 5. PAYMENT METHOD • ATM/Debit Card. • Paypal. • Credit Card. • Gcash.
  • 6. Technology used by OLX OLX Technologies Apache - Web Server UltraDNS neustar - DNS services. Dyn - Email Services. SPF - Sender Policy Framework is an open standard specifying a technical method to prevent sender address forgery. Google Apps for Business - Web-based email, calendar, and documents for teams. Now known as Google Apps for Work. UltraDNS neustar Hosting - Enterprise data hosting services. Akamai Hosted - Data network CDN provider. Ubuntu - Server. jQuery.
  • 7. HOW DOES OLX WORKS ? • A Parallel system for customers. • Sellers can upload pictures. • Sellers decide the price of their product. • Buyers can browse through the listings. • Buyers can negotiate directly with the buyer. • Not a liaison but a catalyst.
  • 8. Where does the Revenue come from? • Google Adsense. • Google custom search engine. • Featured Listings.
  • 9. Business Model of OLX If we break up the OLX business model into parts, here’s how it functions: The Business Model of OLX is actually scale-dependent The website acts as a classifieds portal where customers can buy and sell goods OLX spends large amounts of money in order to garner more and more user traffic and greater frequency and number of listings The high traffic is put to use to earn revenue by monetizing the number of clicks and searches
  • 10. Security • Secured socket layer ("SSL") technology is used for processing payment transactions with third- party service provider partners, such as PayU, PayPal, and DineroMail. • Unique customer password and user ID. • Mandatory verification of Mobile number.
  • 11. Future Scope • Online trading of New products. • Can increase the number of categories. • Can add the option of fair-price.