“OLX is the next generation of free online classifieds. OLX provides a simple solution to the complications involved in selling, buying, trading, discussing, organizing, and meeting people near you, wherever you may reside.”This simply means that OLX provides a smooth platform for buying and selling of goods and services. i.e. If you have anything to sell or wants to buy anything, you can do so on OLX.
So did I hear you asking “how do I make money from OLX?” The simple answer to that question is; SELL! SELL! SELL!
Converting OLX to Cash Machine
Find What to Sell: This is the first step. You need to find something to sell. This may not necessarily be physical goods; it could as well be a service that you can offer. However, I think selling physical goods will earn you some quick cash more than offering a service. So let’s assume you are into mini importation business (coming soon!), you can order goods at a very cheap rate and market them on OLX. Additionally, you can search for cheap products on OLX, buy, and resell them in your local market or to friends who may need it. Does that make sense to you?
Let’s see an example. I saw an advert on OLX where a seller from Onitsha was ready to sell his brand new tricycle (keke napep) at the rate of N220,000 (Two Hundred And Twenty Thousand Naira). Same tricycle costs around N400,000 (Four Hundred Thousand Naira) in most Northern state in Nigeria. YOU decided to buy it (please read Dos and Don’ts for Buying Products Online) and spent around N15,000 to get it down to one of theses Northern states in Nigeria and subsequently sold it at the rate of N405,000 (Four Hundred And Five Thousand Naira), How much profit did you make?
Create Nice Ads: OLX allows you to post free advertisements on their website. This feature makes OLX very interesting because you will be reaching out to over a million visitors on OLX without paying a dime. So it’s now left to you to create captivating ads that will get everyone “clicking” while you make the bucks. Luckily, OLX provides some tips on how to create catchy ads so you can take advantage of those tips.
Be Honest: If your plan is actually to go to OLX in search of whom to scam, chances are much that you will never make a dime there because most buyers will always opt for the “pay on delivery“ method- which means you only get paid when you deliver.
You have any questions or an addition? Please drop a comment in the box below.
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