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Quikr….
Loosing Battle in Online Classified Business

Group No: 03
Ankit Agrawal

Arshdeep Kaur
Manoj Kumar
Ravi Teja
Jagriti Kalra
Public Notice Carvings

59 BC

2000 BC

Social Classifieds
2007

Facebook introduced
Outdoor Advertisinga free classifieds
was
The Roman empire published
invented
Acta Diurna (“Daily Acts”)by the Egyptians Facebook Marketplace
called

Hand-writing Newssheets

206 BC

Online Classifieds

Mobile Classifieds
1995Future

The beginning of Internet classifieds.
China, early government produced
Every is competing to
One
handwritten news sheets called of the effort introduced was
dominate this mobile arena
Craigslist.
“ tipao”
Online Classified

Public Poster Ads
1600

Business Evolution

England
handwritten
Notices were nailed
to post and walls
Newspaper

Radio Ads

Who do you think will be
victorious?

Classifieds
1704

The first newspaper advertisement
was published in Boston News-Letter

Magazine Classifieds
Founded in the year 2008 by Pranay Chulet, alumni of IIT-Delhi & IIM-Kolkata

Quikr is inspired by the foreign business model Craigslist which started its operation in 1995

Services cover 160 categories in over 83 cities

1.8 crore consumer per month and millions of ad posted by users

Among World’s top 250 private companies

Quikr is backed by Matrix Partners India , Omidyar Network , Norwest Venture Partners , Nokia
Growth Partners , Warburg Pincus and invested in by eBay Inc.
Vertical
Classifieds

Specialized service
offering in single
category

Robust Customer Support

Example :
Maintenance of complex
database (MYSQL)

Shaadi.com,
Cardekho.com

Type of
Classifieds

Efficient Routing Techniques,
Algorithms and Computing
power

Service offering in different
categories with little or less
differentiation

Horizontal
Classifieds

Marketing Program Cost

Provide a platform for the
stakeholder to do
transaction under one roof

Cost Analysis

Example: Quikr, Olx,
Sulekha

Online Ads

Easy to post ads
Live tracking of your ads via email, SMS, and website

Company list their
ads with Quikr similar
to Google Ads

Free or less cost involved

Benefit of
online
classifieds

Better Service
More targeted search capabilities
Time Saving
IT Driven
Customer Support
Simplicity to understand functioning of mobile apps

Revenue
Model

Premium
Lists

You pay Rs. 1000 for print
ads, here you need to pay
Rs. 100 for same ad. The
pricing strategy differs from
category to category

Lead
Generation

Small businesses in categories
like real estate and
automobiles want to expand
their business via advertising
and here we provide them
with leads.
Quikr

EBay

Flipkart

Reviews

25049

189764

602735

44170

Average
Rating

Social

Olx

4.1

4.3

4.4

4.3

3.04 MB

9.52 MB

3.02 MB

10
millions +

50
10
million + millions +

Analytics

Applicatio
2.27 MB
Lead Generation
n Size

Facebook

Cross Selling

LinkedIn

Downloads

Mobile
Apps
Chat Box

10
millions +

Cloud
Data Storage
Data Routing Capabilities
Limitation
Limited only to city
Loses effectiveness very fast due to large postings od ads
daily
QUIKR VS OLX
Research Methodology
• Different Ads were posted
for different categories
which covered
advertisement with images
and non-images too
• Ads were posted in
categories like Real estate,
Car, Mobile, Furniture, Video
Games, Bike

Findings
 Olx outperforms Quikr in terms
of performance
 Car/ Mobile is the major trend
in Online classified business
 Olx generates 4 times
response compared to Quikr
in Car and Mobile category
 Other categories generate
less or no response and Quikr
Recommendation
scores marginally higher
 Chat Box can be used to connect to more withWhatsapp application used
 the users
 Mobile Apps has customer issues. That really needsthe be focused to connect
by to companies
 Optimization technique has to be more efficient. customers
to
 Olx has well organized ERP
system to track the ads
posted by user
 After 2-3 days of ad posting
References
http://www.thesmartceo.in/magazine/growth-enterprise/quick-quikrquickest.html
http://chennai.quikr.com/html/about.php
Quikr

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Quikr

  • 1. Quikr…. Loosing Battle in Online Classified Business Group No: 03 Ankit Agrawal Arshdeep Kaur Manoj Kumar Ravi Teja Jagriti Kalra
  • 2. Public Notice Carvings 59 BC 2000 BC Social Classifieds 2007 Facebook introduced Outdoor Advertisinga free classifieds was The Roman empire published invented Acta Diurna (“Daily Acts”)by the Egyptians Facebook Marketplace called Hand-writing Newssheets 206 BC Online Classifieds Mobile Classifieds 1995Future The beginning of Internet classifieds. China, early government produced Every is competing to One handwritten news sheets called of the effort introduced was dominate this mobile arena Craigslist. “ tipao” Online Classified Public Poster Ads 1600 Business Evolution England handwritten Notices were nailed to post and walls Newspaper Radio Ads Who do you think will be victorious? Classifieds 1704 The first newspaper advertisement was published in Boston News-Letter Magazine Classifieds
  • 3. Founded in the year 2008 by Pranay Chulet, alumni of IIT-Delhi & IIM-Kolkata Quikr is inspired by the foreign business model Craigslist which started its operation in 1995 Services cover 160 categories in over 83 cities 1.8 crore consumer per month and millions of ad posted by users Among World’s top 250 private companies Quikr is backed by Matrix Partners India , Omidyar Network , Norwest Venture Partners , Nokia Growth Partners , Warburg Pincus and invested in by eBay Inc.
  • 4. Vertical Classifieds Specialized service offering in single category Robust Customer Support Example : Maintenance of complex database (MYSQL) Shaadi.com, Cardekho.com Type of Classifieds Efficient Routing Techniques, Algorithms and Computing power Service offering in different categories with little or less differentiation Horizontal Classifieds Marketing Program Cost Provide a platform for the stakeholder to do transaction under one roof Cost Analysis Example: Quikr, Olx, Sulekha Online Ads Easy to post ads Live tracking of your ads via email, SMS, and website Company list their ads with Quikr similar to Google Ads Free or less cost involved Benefit of online classifieds Better Service More targeted search capabilities Time Saving IT Driven Customer Support Simplicity to understand functioning of mobile apps Revenue Model Premium Lists You pay Rs. 1000 for print ads, here you need to pay Rs. 100 for same ad. The pricing strategy differs from category to category Lead Generation Small businesses in categories like real estate and automobiles want to expand their business via advertising and here we provide them with leads.
  • 5. Quikr EBay Flipkart Reviews 25049 189764 602735 44170 Average Rating Social Olx 4.1 4.3 4.4 4.3 3.04 MB 9.52 MB 3.02 MB 10 millions + 50 10 million + millions + Analytics Applicatio 2.27 MB Lead Generation n Size Facebook Cross Selling LinkedIn Downloads Mobile Apps Chat Box 10 millions + Cloud Data Storage Data Routing Capabilities
  • 6. Limitation Limited only to city Loses effectiveness very fast due to large postings od ads daily
  • 7. QUIKR VS OLX Research Methodology • Different Ads were posted for different categories which covered advertisement with images and non-images too • Ads were posted in categories like Real estate, Car, Mobile, Furniture, Video Games, Bike Findings  Olx outperforms Quikr in terms of performance  Car/ Mobile is the major trend in Online classified business  Olx generates 4 times response compared to Quikr in Car and Mobile category  Other categories generate less or no response and Quikr Recommendation scores marginally higher  Chat Box can be used to connect to more withWhatsapp application used  the users  Mobile Apps has customer issues. That really needsthe be focused to connect by to companies  Optimization technique has to be more efficient. customers to  Olx has well organized ERP system to track the ads posted by user  After 2-3 days of ad posting