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Tuesday, December 12, 2017

Does quikr , olx work ?

 

After all the buying online, it was finally time to sell something online for me. I was moving, and wanted to dispose off some things second hand , which were in fairly good condition. Being in the tech city, it was obvious the answer was online. So I installed apps of the two top reselling apps in ‘demand’. And tried my hand on trying to make a little profit instead of giving things away for free.

Well, it did not work. Some did. But mostly not. Instead of what I thought were  intelligent, careful buyers who would ask questions about what I was selling, I was greeted by a horde of deal jumping numbskulls with quick fingers. The only question they asked were: can you reduce the price to zero ? Something very low. You get the point. I had success selling a steel cupboard when I reduced the price to 50% of what I had paid originally. But for everything else, the buyer wanted the product for free. Even when I asked them to come over and inspect the goods to check its quality , to justify my asking price, they flatly refused. All they were doing were judging the quality of the goods on sale looking at the picture. And thats it.

This poses a problem. What you sell must be in good condition, or it will be returned. But if it is in very good condition, you wont get a good price for it. So basically, you can only sell off things in good condition for throw away prices. Basically its a market to dispose of good things at near zero prices.

Some years ago I was building a top CRM product for eBay. You know, the online auction company ? The site which started the whole online auction and marketplace business, now left for dust. I could see production data were customers were debating the quality of items sold. Some customers had clearly been cheaten, sellers sold a box of bricks packaged as UPS batteries and electronics. But there were also lots of complaints of ‘bad condition’ and ‘poor quality’ in them. In most cases, eBay policy meant reversing the sale, and they were loosing money taking care of the logistics expenses. Thankfully I was not a case agent, I was just building the CRM system for the agents. But I could see that they had a lot of work cut out for them, even with all the automation we built for them.

Sites like quikr and olx are quick ways to dispose off your good condition stuff you no longer need. But for dirt cheap prices. Don’t expect to make money off them, specially after their sale commissions.

Well, coming back to my problem, I found success somewhere else. Another new second hand furniture service called gozefo. These guys buy your funiture and appliaces, refurbish and sell them. They will still offer you less, but before arriving at the final price, they send an agent over to inspect the goods. The technician verifiies the goods are in good condition and then quotes a value. They take away the goods in 24 hours, and sell it refurbished via their online marketplace.

Its a much better service, if you want to talk some more sane buyers.

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