PR Newswire | 18 Jul, 2013
NEW DELHI: OLX.in, India's largest local online classifieds site, has chosen Lowe Lintas as its creative partner to further build upon its brand communication and strengthen its position as the No. 1 online classifieds site in India. Being a multi-agency pitch, Lowe Lintas won the OLX account amidst fierce competition from other top agencies of the country. In a nation where people have a tendency to hoard and aggregate goods, the agency will play a pivotal role in extending OLX's communication of being the largest C2C marketplace in India and an ideal platform for buying and selling of such aggregated goods lying around in households.
OLX has become one of the most popular brands in the recent past and is now a household name in India. Being a platform that enables buyers to sell anything ranging from vehicles, household furniture, mobile phones, electronics to real estate; Lowe Lintas has now been given the mandate to create engaging communications that cater to the further development of such categories while strengthening the message that people can now sell their pre-owned stuff easily on OLX.
In an official communique, Mr. Amarjit Singh Batra, CEO, OLX India, said, "The initial TV ads and messaging of 'Sab Kuch Bikta Hai' and 'OLX pe bech de' has witnessed positive mass appeal resulting in immense brand recall and a clear user preference for the brand. Building up from here, we want to take this notion a step further to fortify OLX's brand equity and humanize the brand. We were overwhelmed to see interest and response from the top most agencies in the country and we are thankful to all of them who participated in the pitch process and showed an eagerness to work with us. Having weighed all the proposals and looking at the best fit, we chose Lowe Lintas for their 'Populist' creativity, their focus on business results and their understanding of our brand. We are confident that Lowe Lintas will be able to help us fulfill our objectives."
Amer Jaleel, National Creative Director, Lowe Lintas commented on the win, "OLX is an extremely dynamic and exciting brand. The most interesting thing about OLX is that it's a completely new category with challenges of changing human behaviour. There will be opportunities to crack new insights, and therefore the brand would allow us to introduce absolutely fresh communication."
OLX has created a paradigm shift in the Indian mindset by giving the Indian populace the opportunity to sell freely and easily, and this has become increasingly popular among the Indian audience as evident from the traffic on the OLX site. Currently ranked 18th on Alexa, and having grown almost 50 times since the last two years, OLX has become more of a verb where people often refer to 'OLX pe bech de' or 'OLX kar do' among their friends and family in their daily lives. By helping individuals sell directly to other individuals and eliminating the middlemen, OLX has removed a big pain point for consumers on how to efficiently sell their unused stuff at a great price. And of course, there are millions of people who are looking for deals on second hand products that they couldn't buy new, and these people frequent OLX regularly and are patronizing the site in a big way. Every day, numerous stories of successful buying and selling on OLX are cropping up and cultivating a very strong word of mouth for the brand.
Having led this space with a very clear cut and focussed communication around creating the C2C category and market development, OLX is now looking at the next chapter of its growth and success in India with the newly formed partnership with Lowe Lintas.
Commenting on the win, Naveen Gaur, President, Lowe Lintas, said, "We are exceptionally excited to partner with OLX.in. OLX is at the forefront of a genuine consumer revolution in the Indian online space by creating a new selling culture that sees value in almost everything. OLX was seeking creative excellence based on strong strategic thinking and I think we as Lowe Lintas delivered to that. We look forward to partnering them in creating bigger, better and bolder creative work based on a distinctive brand promise."
About OLX.in:
OLX.in [http://www.olx.in ] is India's largest online classified site which serves as a platform to connect individual buyers and sellers locally who wish to buy, sell, exchange or trade used goods and services, by simply posting a free ad on the website. People could use this classifieds platform to search for any product that they want to buy directly from individuals by simply connecting with potential sellers located in or around their locality. A host of products like cars and motorcycles, furniture, electronics and mobiles, renting apartments, services like looking for a tutor, painting class, baby sitter are available on OLX.in. It has all key classifieds categories like vehicles, mobile phones, electronics, jobs, real estate and services.
Being an already established global platform, OLX ventured into the Indian market in 2006. Globally, OLX has around 2.2 million ads posted monthly along with 1.5 billion page views per month. Although Indians have diverse purchasing needs, there is still a definite shortage of a market for second hand goods. Consumers are unaware about where to go if they have to purchase second hand goods like desktops, electronic gadgets, furniture etc. With this viewpoint, OLX entered the Indian market with a marketplace for second hand goods. Today, OLX.in is present in more than 500 cities in India which includes the Tier I, Tier II and Tier III cities.
Primary Media Contact: Nupur Dhingra, nupur@value360india.com, 91-78-38437915
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