Smart Pricing: Post Additional Ads on OLX at Reasonable Prices

Smart Pricing: Post Additional Ads on OLX at Reasonable Prices

UPDATE: Smart Pricing is no longer available. For more information, please click here.

The year 2015 has welcomed a lot of changes that we were glad to share with you. The success of these changes has proven that we have been, and will always be, constantly working to find the best solutions that make way for more win-win exchanges. And in spite of all these changes, we wholeheartedly appreciate that’ve you’ve stayed with us.

In order to continue making the OLX marketplace even more vibrant, we are happy to let you know that we’ve been listening to your suggestions. Now, we are ready to announce the implementation of Smart Pricing for Paid Limits.

 

What is Smart Pricing for Paid Limits?

If you have availed of additional slots and have paid a flat fee regardless of your item’s price, this is good news for you. Smart Pricing for Paid Limits now allows users to pay only a minimal amount to post their ads upon exceeding their free ads allocation.

 

How does it work?

Smart Pricing uses a simple percentage formula in determining the cost of posting the extra ad related to its selling price. It also has a minimum and maximum set amount to make sure that users will just pay the right amount in order to post their ads. But do take note that the Smart Pricing will initially apply only to the following Buy & Sell categories:

  • Mobile Phones and Tablets
  • Computers
  • Consumer Electronics
  • Clothing and Accessories
  • Books, Sports and Hobbies
  • Baby Stuff and Toys

For ads that fall under the rest of the categories, the previous pricing for additional ad slots would still apply. (See appendix A below).

 

How much are you paying for an additional slot?

If the price of the item to be sold is less than PHP 500.00, the amount to be charged is a flat rate of only PHP 10.00.
If you priced an item for more than PHP 500.00 but below PHP 5,000.00, the amount to be charged is 2% of the item’s price.
For items priced PHP 5,000 and above and fall within the categories mentioned above, the flat rate would be PHP 100.00.

Please see the sample pricing below:

Group A (item price above PHP 500 but below PHP 5,000, we’ll only charge 2% of published item price)

Category Price of item for Sale Ad Posting Cost (after exceeding free ad allocation)
Mobile Phones and Tablets 4700.00 94.00
Computers 2000.00 40.00
Consumer Electronics 3800.00 76.00

 

Group B (item price is PHP 500 or lower, we’ll just charge a flat rate of PHP 10.00 per listing)

Category Price of item for Sale Ad Posting Cost (after exceeding free ad allocation)
Mobile Phones and Tablets 470.00 10.00
Computers 200.00 10.00
Consumer Electronics 380.00 10.00

 

Group C (item price is PHP 5000 or higher, we’ll just charge a flat rate of PHP 100.00 per listing)

Category Price of item for Sale Ad Posting Cost (after exceeding free ad allocation)
Mobile Phones and Tablets 5000.00 100.00
Computers 20000.00 100.00
Consumer Electronics 18000.00 100.00

 

What are the benefits of Smart Pricing?

Having the smart pricing will increase your opportunity to post more ads on OLX, now that it comes at a much more reasonable price. Instead of having to pay a flat fee, you will only have to pay a small percentage of the price your item being sold. Additionally, if the price of the item is more than PHP5,000, you wouldn’t have to worry about the percentage but would instead only have to pay for a flat fee.

 

Still confused? No worries!

If you need assistance or further clarification, please feel free to contact our Support Team via email (support@olx.ph) or through our hotline (576-9591).

We are excited for you to try it and we hope to see more ads from you soon!

 

Appendix A: Paid Listing Pricing for other categories

Category No. of free ads you can post Cost per extra ad (Php/OLX Gold)
Real Estate for Sale 2 500
Real Estate for Rent 2 150
Cars 3 350
Business & E.O. 1 350
Car Parts and Accessories 9 250
Motorcycle Parts and Accessories 9 250
Jobs 2 100
Services 2 100

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