A BIG SHOPPING STYLE TRANSITION -A CASE STUDY OF OLX.in pvt ltd. Abstract This case study is focused on a totally different aspect of online classified, a online site that only deals with the used items for status goods at very reasonable prices and a channel for direct interaction between customers who are in both the roles of seller and buyers. The birth of the online classifieds industry actually happened in 1995 when Craig Newmark started Craigslist as an email distribution list for friends and co-workers publicizing events in the San Francisco Bay Area. The subscriber list grew rapidly through word of mouth and an online community began to form. In 1996, Craigslist became a web based service and for many years it was the only known name Apart from Craigslist there are many other players in the industry who are either global or local depending on their strategy. One of the major participant in the online classifieds industry is OLX which differs from the rest of the competition by focusing on developing economies which have tremendous scope for growth in the next five years. OLX.in is an Indian online classified site which serves as a platform to connect buyers and sellers who wish to buy, sell, exchange or trade used goods and services, by posting a Free Ad on the website. People could use this classifieds platform to search for any product that they want to buy directly from individuals. OLX has been immensely successful over the years and has pioneered the concept of C2C selling in India by introducing the concept of buying and selling of second hand and pre-owned goods directly between individuals. OLX is an ad-supported model where they run sponsored links on the listing pages. So this case study has been developed by keeping in view the need to study OLX online classified, reason for formation of these site with latest shopping transition. Complete analysis of the business opportunities of OLX Reaction from TV Ad fight of OLX:
OLX began its TV Ad fight in 2011, the notices are clear, characteristic, interesting and loaded with amusingness, the greater part of the promotions are focused around day by day life, such as purchasing an infant bunk for child, purchasing another auto supposing it is little contrasted with neighbor, offering a bicycle to purchase another one, thousand dad promotion and others are exceptionally prevalent in OLX TV notice
Business Opportunities: there is a Market for what you product (people value and will pay you) – if they pay someone else it is a job Types of Business Ideas: 1. Lifestyle Entrepreneurs: opportunity to create one’s own opportunity (trade off/priorities: activities, hours, clients, employees, income) a. Job Businesses: replaces a job – provides income (commitment/involvement) business profit = salary (takes longer to start) – career choice (inspiring):Start-Up Cost less than one year’s profit/salary…
Christmas Lights Lee Wayne Lackey Spring 2013 – Online Class 21689 – SCM 3301 Introduction to Supply Chain Studies April 25, 2013 Table of Contents 1. Executive Summary 3 2. Did You Say “Christmas Lights?” 4 3. Change In The Summer of 2009 6 4. A Christmas Light Company is Born 7 5. Voicemail Reminder on Your Phone 8 6. Buying Supplies 9 7. Snow 11…
The Exploration of Turning Points in Online Relationships Aaron R. Breuer University of Wisconsin-La Crosse Abstract This study focused on turning points in online relationships and the way in which those who engaged in online dating reduced uncertainty regarding self-reported important topics. The results of this study found that there were a wide variety of self-reported turning points and important topics to discuss with a potential partner as well as a general time frame for both partners…
Used Car Dealership Industry Channel Analysis Prepared By: Sarah Hangsleben Caitlin Case Shannon Danner Table of Contents: Executive Summary Industry Analysis Category and Competitor Definition Industry Attractiveness Sales Analysis Customer Analysis Distribution Channel Structure…
ten-fold with recommendations to you for new business and innovative ideas you hadn’t thought of. Twitter Giveaways Give away your product or promotional item on Twitter. Ask a question about a product on your website or blog. The first person to answer wins. When you send the item write, “Retweet upon receipt,” to be entered in a second contest. Network Your Networks Network with friends who then network with their friends. There’s power in numbers. Don’t spam of course, but utilize your network…
l Social Media Business Model Analysis - Case Tencent, Facebook, and Myspace Logistics Master's thesis Xiaoyan Hu 2011 Department of Information and Service Economy Aalto University School of Economics ABSTRACT The term of social media is becoming increasingly popular presently, the amount of social media users is growing dramatically, and the monetization of social media has been discussed in publications but not in details. Nowadays, the most frequently used approach to make money for…
63). For that the study of communication documents of sharing businesses depicts an additional means to capture possible public values of the sharing economy. Published statements attempt to express the businesses assumed legitimization of their existence and commonly entail…