Free Classifieds
www.olx.com
Naspers: India eCommerce Day
OLX India
10th October 2014 , Bangalore
Amarjit Batra, CEO OLX India
OLX Classifieds is part of larger Naspers group
Operations located throughout LatAm, EMEA, India and Asia
Operations in ~25
countries
India is the key market in overall OLX classified business
Source: Naspers corporate website
We are the classifieds platform that connects buyer & seller
And we are different to etail
Online Retail (B2C)
Classifieds (C2C)
Path to winning is one of heavy investment and patience...
INR bn
We are here
3. Establish Leadership
5 7 Yrs
* OLX India already completed 4 yrs of focus on this path
** In some European markets this has been achieved within 3-5 yrs
6
But winners take it all
Source : Alexa.com, Comscore.com, 2012 annual report Schibsted
Advertising led monetisation model
1. Value added Services
2. Advertising
Several types of revenues streams:
Brand advertisers in consumer goods
1. Top Listings
2. Highlights
3. Gallery
4. Rebumps Paid
Contextual advertising
Sponsorship deals
India operational landscape
Growth of digital advertising in India
India online classifieds market
40
100
Web
36
87
Mobile
14
80
30
65
INR bn
INR bn
30
25
20
21
60
49
6
37
40
18
28
15
22
10
56
2
43
20
20
74
26
33
0
2012P
2013P
2014P
2015P
2016P
2012P
2017P
2013P
2014P
2015P
2016P
Data sources: FICCI-KPMG Indian Media & Entertainment report 2013
Market Leaders
Horizontals
Jobs
Real Estate
Auto
2017P
We have cemented our place as market leader
2.Traffic
1. Brand awareness
2X vs
No.2 player
3.6x
Pageviews
Source : Comscore
Source : Google trends
3. Engagement
4. Mobile downloads (Mn)
10.3
2x vs
No.2
player
Time on site
Half vs
No 2 player
Bounce rate
2x vs
No.2
player
3x vs
No.2 player
App Downloads
PageViews/Visit
Source : Similarweb
Source : Google play
10
OLX is also a leader in the auto category
Web PV compared with OLX
100%
42%
23%
20%
14%
Google Trends Auto Brand Awareness
Google Trends Brand Awareness
Data sources: Google Trends, PV data: from Similarweb for June 2014
11
OLX playa the role of C2C category creator
Focus on preowned goods
Localise
Communication
Sell side focus
Localised
communication
Extensive use of offline media
User generated content vs. sales driven model
12
Value of second hand For Sale Goods (non-auto)
Brown Money stuck in old unused goods in urban India
Source : OLX CRUST STUDY 2013
13
Focus on pre-owned goods
Outdoor campaign educating user to Sell Old before they buy new
The #1 marketplace for Used Goods collaborating with the #1 etailer, advocating the selling culture
14
Mobile first approach pioneered mobile classifieds
Offline
Distribution
(Pull, market making)
(Push, PoP)
Mobile Browsers
TV
App Stores
Radio
Ad Networks
Community Activations
Search
Social
Handset Preloads
15
Exponential growth in mobile
Total Pageviews (Web vs Mobile)
Avg Mobile
PV Growth ~
300% vs. LY
1 600
1 400
80%
90%
80%
70%
1 200
60%
1 000
50%
800
40%
600
30%
400
20%
200
10%
0%
2012
2013
2014
Web
Mobile
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.And in the process became part of the popular culture,
language and a household name
Students asking the
chancellor to be sold on OLX
in Kolkata!
Politicians were deemed sellable as well!
Bech-de has become
a verb for selling
Popular cricketer to be sold on
OLX after dismal performance
17
User advocacy and
testimonials
Thank You
18