Lagos - OLX, the leading online classified is putting their
money where their mouth is by equipping young graduates with entrepreneurial
Business developer and an avid OLX user, Femi Oriowo,
described how he was able to get his current job by using the platform and has
been able to sell over 500 phones and electronics on the platform, in a recent
Can you please tell us how you discovered OLX?
I heard about OLX on radio in Sept/ Oct 2013
How has the experience been?
It has been great, I have been able to sell over 500 items
especially phones and electronics on the platform.
What do you like most about OLX?
The speed at which I get things sold on OLX is the catch for
me and the fact that there are no middle men involved allows me to increase my
profit margin considerably.
Also read: OLX educates Nigerians on purchase of used vehicles
So it is fair to say OLX has been life changing for you?
OLX has been more than that, earlier this year, I met
someone who bought a laptop from me, we later became friends and now I am the
Business Development Manager in his company, the opportunities with OLX are
What are the things you have learned from doing business on OLX?
I have learned how to fix prices with respect to market
trends, understand consumer psychology, engage in Customer Care/Support besides
the fact that I get to hone my negotiation skills hence becoming a better business
What advice do you have for the unemployed youths?
With the high unemployment rate amongst Nigerian youths, young
people can comfortably earn a decent side-income by selling on OLX starting
with little capital, it's a good way to start-up the ladder to being self-
employed and self-reliant. OLX gives you the exposure you need to get your
goods sold, provides excellent user support and what's more, it’s free. You
also get to develop and hone your entrepreneurial skills.
OLX, like every other online marketplace has had its share
of invasion from unscrupulous elements called scammers; but with the safety
measures recently being implemented by the management of OLX such as physical
verification among others, scamming on OLX is sure to become a thing of the
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