OLX fetes top performing car dealers @3rd anniversary

ITRealms:

Acclaimed Nigeria’s number one online classified, OLX, has hosted top performing car dealers on its platform in commemoration of three years of successful operation in the country, reports ITRealms.  

Speaking at the Rooftop Restaurant, Victoria Island, Lagos, the Country Manager, OLX, Lola Masha reaffirmed OLX’s commitment to continuous innovation and improved quality of service delivery to its teeming users.

 “When OLX commenced operations in Nigeria three years ago, we had our work clearly cut out. We started out with a determination to build an operation with excellence at its core” Masha said.

She also said that among the many segments of the business, the vehicle category is one of the most popular, and OLX have seized the occasion of its third anniversary to celebrate our top-performing dealers on our site who have played a major role in our on-going success story. We are doing all we can to boost this category and other ones by establishing operational relationships and forging partnerships with other credible brands.’’

While acknowledging that the business had experienced its fair share of challenges, Public Relations Lead of OLX, Uche Nwagboso said that each challenge has however presented a unique growth opportunity.

“Each obstacle has actually driven us to do more, to innovate more and to achieve more. We believe that as we continue to innovate, to form new strategic alliances and to strengthen our twin pillars of safety and trust, we are contributing to the evolution and establishment of a vibrant e-commerce culture in Nigeria. Indeed, OLX is driven to become such a credible brand in the country that anytime, anyone has a product to buy or sell, the person automatically thinks OLX,” she said.

Sharing his OLX experience at the event, Henchard Omere, a car dealer based in Ikeja who has been on OLX since July 2013 and placed 322 ads till date, said, “As a car dealer, my dreams of expanding my reach had always seemed far-fetched until the day a colleague told me about OLX and since I signed on two years ago, my business has grown like never before.”

Stressing that with the limited space in his shop, he had many cars parked at his residence, but thanks to OLX, he was able to sell 12 vehicles within a short period. 

"I have also diversified to other profitable ventures because of the OLX advantage of safety, trust and convenience, and I am so grateful to the OLX team and everyone who has helped make my dreams come true,” he said.

OLX is the world’s leading classifieds platform in growth markets and is available in more than 40 countries and over 50 languages. OLX connects local people to buy, sell or exchange used goods and services by making it fast and easy for anyone to post an ad through the mobile app.

ITRealms recalls that every month, hundreds of millions of people in local markets around the world use OLX’s online marketplace to find and sell a wide range of products, including vehicles, electronics, phones and much more. 

+Remmy Nweke (ITRealms) +Lola Masha +Mayokun Soremekun 

 

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OLX identifies what Nigerians look out for in used vehicle

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Online classifieds site, OLX has revealed what Nigerians look out for when buying used cars, as engine, price and transmission of the car top results, reports ITRealms.

OLX Country Manager, Lola Masha, told ITRealms that the research was carried out to identify what is most important to the users when buying used cars. 

“This information will enable us educate them on what to really look out for when in the market to buy a used vehicle” she said, stressing that the poll revealed that 26 per cent of the respondents believed that the engine was the most important thing to consider when buying a used car. 

Also, she said that this was followed very closely by 22.3 per cent who considered the price as a vital thing to consider and 1.7 per cent chose the transmission. 

“While, the remaining 38.4 per cent, chose the model, colour and year of the car,” she said.

Seasoned expert in automobiles and General Manager, Mandilas Enterprises Limited, Stephen Gladwin stated that “there is a wide range of factors to consider when buying a used vehicle. More often than not, there is more to consider than what meets the naked eye. These factors range from the condition of engine, gearbox, transmission system, tyres, year of manufacture, the make of the vehicle, battery condition, and even the upholstery. These are instrumental factors that make up the overall perception of the vehicle.”

He also disclosed that, “There are however little things that could make or mar the feel of the car and they must be considered in the utmost regard. Some of these comprise of the AC system, Radio/CD, steering system, body condition, windscreen, rust, effectiveness of clutch system, brakes, windows, body colour, suspension system, Odometer reading, condition of airbag, ABS, wheel and exhaust.”

Gladwin further intimated that none of the aforementioned should be taken in levity. 

“It is important to seek proper assessment from a trained technician/mechanic who will carry out a physical test of the vehicle to ascertain these conditions, a road test to posit the girth and balance of the vehicle, as well as a diagnosis test to confirm the overall valuation of the vehicle,” he said.

Nigerians who are in the market to sell their used vehicles can post their cars on OLX for free and qualified ads will get an evaluation certificate from Mandilas that will state the current market value of the car as well as the condition of each part of the car.  This will benefit both the buyer who is worried about the worth and condition of the car they want to buy and the seller who is not sure of the monetary value of the car.

+Remmy Nweke (ITRealms) 

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Mandilas partner onfree vehicle diagnosis

ITRealms

 

Acclaimed Nigeria’s number 1 online classified platform, OLX is partnering Mandilas, one of the leading players in the auto industry in a strategic relationship to offer users on OLX free vehicle valuation and diagnostic services, reports ITRealms.

Also, Mandilas said it would list its vehicles on the OLX platform in an effort to attract buyers from across the country.

Speaking at a press conference in Lagos, Thursday, the OLX country manager, Lola Masha said that “the partnership between the 2 trusted brands in Nigeria - Mandilas and OLX - is truly one of a kind. It reinforces OLX’s commitment to enhancing its users experience on the platform and also provides a nationwide reach for Mandilas.”

Equally, she said that “this collaboration with Mandilas validates the effectiveness of OLX as a platform with a wide range of vehicles where buyers can find great car deals and trade with trusted sellers”.

The partnership, Masha explained, offers eligible users who post their cars for sale on OLX site, an opportunity to have their cars screened and evaluated for free. At the end of the screening, the user will get an evaluation certificate from Mandilas that will state the current market value of the car as well as the condition of each part of the car.  This will benefit both the buyer who is worried about the worth and condition of the car they want to buy and the seller who is not sure of the monetary value of the car.

While expressing delight working with OLX, the General Manager, Mandilas, Stephen Gladwin said that “the partnership with OLX will help build trust amongst Nigerians who are in the market to buy or sell their used cars because of the certificate they get at the end of the screening process”. 

“Over the years, Mandilas has built a reputation of  providing unrivalled service in the auto industry. We are excited about the partnership with OLX, the number 1 online classifieds site in Nigeria. OLX has provided a platform where users can feel safe buying and selling used vehicles across the country,” he said.

 @ITRealms

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OLX to monitor platform against fraud —Lola Masha

 ITRealm

 

The Country Manager, OLX Nigeria, Lola Masha has assured the public that the company has adequate measures to monitor whatever takes place on the platform, Reports ITRealms.

Speaking at the Nigeria DigitalSENSE 2015 Forum on Internet Governance for Development (IG4D) with the theme “Net Neutrality and Nigerian Internet Users,” in Lagos recently, she asserted that “With Nigerians reputed for advanced fee fraud, OLX has taken adequate measures to ensure that what comes on and off the platform is nothing but decent”.

She reiterated that classified as a concept has existed for over 500 years as a way of trading local stuff, adding that the task has remained the same over time but that only platforms of access have changed.

She said that online classified is where interested buyers and sellers place what they want to buy or sell with their contact details so that whoever is looking for such an item can easily reach each other, ITRealms gathered.

OLX, ITRealms reports, has a global presence, being in the family of Naspers which also has other companies like DSTv, Multi Choice and African Magic, it has physical presence in Nigeria, Kenya covering east African operations, and in South Africa covering Southern African operations, and an additional three different countries:  Ghana, Sudan and Tanzania which are managed from the countries where OLX has physical presence.

She assured that at OLX somebody is monitoring whatever goes on the platform to checkmate indecent postings on the site proactively. As the largest online classified globally, being in 40 countries and an approximately 200million monthly active users and 25 million new monthly listings, Masha said, OLX classified in Nigeria is mobile. She also stated that classifieds level the playing field and allow Nigerians financial benefits from the internet, ITRealms learnt.

 Cyriacus Nnaji/ GEE

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