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How Does OLX Makes Money? What Is The Revenue of OLX?

Shabina No Comments

OLX is one of the most popular free classified websites over the Internet. OLX is also one of the most visited websites in the world. OLX spends a large amount of money for the branding as well as on other product development. Thus, it arises a lot of question among many Internet users, that how OLX make money? What is the revenue of OLX?

In this article, we have provided information on how OLX makes money and its source of revenue.

OLX Logo

OLX Logo

2 Ways OLX Makes Huge Money Online, Source of Revenue

1. Text Ads/Banner Advertisement

It is the most popular way to make money online. OLX also uses the same method to earn money to run their operations and make a profit. They use Google AdSense, and other advertising networks to monetize their website. Most of time, Google AdSense ads are displayed when you open OLX website. So, it is one of the income streams for OLX to make some profit and run their operations.

2. Premium Listing/Paid Listing

A premium listing or paid listing will be seen top of each and every search or category. You have to pay extra money to show your classified ad on the top of search or category listing. However, charges are normal but you will get a good result based on your requirement.

OLX stopped this method to earn money. Right now, text ads and banner advertisement are the only way to make money and earn profit for them. OLX has many country specific websites, especially designed according to the needs of particular country. When writing this article on April 4, 2015, OLX.com’s Alexa Rank is 20,165. So, you can think that how much visitors OLX may be getting to earn a few thousand dollars daily. OLX.in is more popular than OLX.com, because Alexa Rank of OLX.in is 409 (global). Thus, OLX must be making a lot of amount from its million of visitors each month.

Article Title: How Does OLX Makes Money? What Is The Revenue of OLX?
Article last re-published on September 20, 2016.

How 7th Pay Commission will create positive impact on Indian economy

Shabina 3 comments

7th Pay Commission is the most awaited pay commission by lakhs of Government employees. After implementation of seventh pay commission recommendations, salaries of central government employees will be hiked almost double from now according to sources. A common man have question, “Why government employees should be paid this salary, Isn’t it create burden on government?”. To clear this doubt, I am providing my own personal opinion and thought. So, let’s read!

A man counting money

A man counting money

How 7th Pay Commission will create positive impact on Indian economy

After implementation of 7th Pay Commission, income of lakhs of government employees also will be increased. So, they have surplus money each month. Where they will spend this money? Ofcourse, for their personal usage such as buy new car, buy new motorbike, buy new home, and so on.

How economy will be benefited if government employees spending power increase? But obvious, government employees spend these money for buying new things or they will save it for their future expenses. After all, where this money will be in? Yes, in India. Whether, they will save money or spend, money will be in India.

Suppose, central government employees buy a new car, then it will be helpful for the people working in automobile industry. If they start building new home or repair existing one, then many labours will get employment for that period of time. It will have good and positive impact on economy after all because the spending power will be increased due to this.

So, a common man should not worry about the salary of government employees but they should worry about the performance of the government employees. I think, it is the moral responsibility of all government employees to perform well and serve to the people as they are paying good salaries to them.

Please visit 7th Pay Commission unofficial website to get more information.

Article last re-published on June 30, 2016.

How to Become Rich in India [Best Tips & Guide]

Shabina 15 comments

India is one of the fastest growing markets in the world. India is also considered as one of the best countries to invest in start ups. Recently, India has produced a large number of successful online start ups such as Just Dial, Flipkart, Myntra, Quikr, Jabong, Naukri.com, Snapdeal, and many others. It is one of the waves in India to become rich shortly and easily through an online start up. You have to wait for several years to become rich in India. Online is one of the best ways to become rich fast and quickly otherwise you will become rich after your 60s or 7os.

In this article, we have compiled a list of the best ways to become rich in India easily and quickly.

How to Become Rich in India

Indian Currency Notes

1. Become A Blogger

Blogging is one of the best ways to become rich in India without investment or with a small investment or you can say without money. You should have an extra-ordinary skill to become wealthy and rich in short-time otherwise you have to wait longer. In recent time, many bloggers become crorepati due to their hard work and dedication to the work.

Blogging is the fastest and the easiest way to become rich in India. There are many guides available online on how to become a successful blogger. You should download that PDF and start your journey soon. Quora is also the best way to discover other people’s success stories through their answers. It is no matter, if you are young age or in middle of your life, you can start your blogging journey.

2. Penny Stocks

Penny stocks are considered the most important stocks to become millionaire overnight and also become beggar overnight. We have seen a few people made good money just from penny stocks. It is one of the riskiest tradings in the stock market. So, be aware before implementing this step otherwise you will lost, what you have right now.

3. Invest in Real Estate

Real Estate is one of the fastest growing sectors in India. Most of millionaires and billionaires invest their money in the real estate market to make more money in short time. We are recommending you to invest in real estate market in India in newer areas where you may find development chances. Do not invest your money in already developed area, because you will get less return on this.

4. Alternative Investment

Many persons in India started a new trend, which is to invest in alternative investment. An alternative investment is considered as one of the safest as well as provide high returns on money. For example, collectible items (Historical Autographs, Philately, Bank Notes, Coins), Art Work (Paintings), and such other items. You should know that how much money a painting of M F Hussain fetches at the auction houses in India as well as abroad.

5. Invent Something

If we see in the past, millionaires and billionaires have invented something from their own. For example, Mark Zuckerberg has created Facebook to connect people across the world. Larry Page and Sergey Brin also invented web search engine Google to make search more easy and convenient to the user.

6. Invest in Start Up

Start up company provides you a large return compare to other traditional investment such as fixed deposits in bank/post office, real estate, and others. In recent time, start up companies has given great returns on investment. So, it is one of the best ways to double your money within a short time of period.

Note: If you are not comfortable in English, then you can use online translation tools to translate this article in your native language such as Hindi.

Article last re-published on January 31, 2016.

4 best bosses across the world

Shabina one comments

Most of us looking for the best bosses to live a perfect professional life but all are not lucky to get one. Still, there are a lot of bosses across the world who have done significant for their employees. In this article, we have compiled a list of the best bosses across the world in no particular order.

4 Best Bosses Across the World

Savji Dholakia – Harikrishna Exports, India

Savji Dholakia is the Chairman of Harikrishna Exports, a diamond firm situated in the city of Surat in the state of Gujarat in India. The company has more than 1,200 employees and a turnover of 6,000 crore. In each Diwali, company gives bonus/gifts cars, flats and jewellery to their employees. In 2014, company has given 500 Fiat Punto, 570 jewellery sets, and 207 flats.

Surat diamond boss gifts cars, flats and jewellery

Surat diamond boss gifts cars, flats and jewellery

Li Jinyuan – Tiens Group, China

Tiens Group is one of the large companies in China. The group is led by Chinese billionaire Li Jinyuan. He has spent US$14.6 Million to take his 6,400 employees to French vacation. His company booked almost 5000 rooms in France to accommodate his employees.

Chinese boss takes 6400 employees to French vacation

Chinese boss takes 6400 employees to French vacation

Li Huisen – Infitus, China

Li Huisen is one of the richest persons in China and CEO of herbal health company Infitus. He spent nearly £11m on whisking his employees in Bangkok and Pattaya. The news was revealed by Thailand tourism chief Juthaporn Rerngronasa, who said it will be bringing in 600million Thai Baht, to the country’s economy.

Chinese boss takes his employees to Thailand for free

Chinese boss takes his employees to Thailand for free

Dan Price – Gravity Payments, United States

Dan Price is the CEO of Gravity Payments, a payment processing company based in the United States of America. To give raise in employees salary, he cut his salary from $1 million to just $70,000. After his salary cut, his employees will get double the pay for next years.

Gravity Payments CEO Dane Price

Gravity Payments CEO Dane Price

Article first published on May 17, 2015.

How to Become Rich in America Fast & Quickly {Best Tips}

Shabina No Comments

United States of America is one of the richest countries in the world. US is a place of business leaders and innovation. Most of innovation has been researched by the people of the United States. Thus, they earn a large money from it. Thus, United States is the strongest country in the world.

In this article, we have compiled a list of the best ways to become rich in America fast and quickly. So, let’s see!

How to Become Rich in America Fast & Quickly {Best Tips}

1. Mobile App

Mobile App is the new and latest trend to earn a huge money within a few months or years. It also require less investment compare to other business. However, you have to make very much useful mobile app to get millions of downloads in a few months or years. There are a lot of mobile apps in Android and Apple Store which have been downloaded for millions of times. For example, Angry Birds, Temple Run, True Caller, and such other apps. Be innovative with new ideas to make a huge money in America.

Mobile App

Make Money with Mobile App

2. Stock Market

Stock Market is one of the best ways to earn a huge money within a short time of period. However, it is also one of the riskiest to become rich in America. You have to play your future in penny stocks to earn a huge money. Please be aware of your budget and do trading according to experts advice.

Stock Market

NASDAQ – Stock Market

3. Real Estate

Real Estate was badly hit in the recent recession in the United States. Recession is the best time to buy new real estate property anywhere in the world. So, buy a new property in America where your investments chances are more to grow. Please take advice from your local real estate expert to avoid lose.

Real Estate

New York City

4. Become a Celebrity

It is one of the easiest ways to become rich in America easily and quickly. In today’s Internet era, it is easy to become a celebrity in developed countries. Justin Bieber is the living and recent example. You should do something innovative or do create some controversies which will make you celebrity overnight.

Justin Bieber

Justin Bieber

5. Blogging

Blogging is the latest trend to make money online. In America, many bloggers become rich and wealthy due to blogging. Many popular blogs are making huge money in America, for example, Huffington Post, Mashable, TechCrunch, Perez Hilton, TMZ, LifeHacker, Gizmodo, Engadget, Kotaku, and many more. Be creative and create killer content to get popular your website within a few years.

ShoeMoney AdSense Check

ShoeMoney AdSense Check

Article first published on April 11, 2015.

How Quora Makes Money? What is it revenue?

Shabina No Comments

Quora is one of the most popular question answer sites over the Internet. Quora has already overtaken many popular Q&A sites such as Yahoo! Answers, Wiki Answers, and others within a short time. There are a large number of questions are already arise in the mind of users, some of the popular are, how Quora makes money? What is the revenue of Quora? How they run their operations? In this article, we have provided the best information available on how Quora makes money. So, let’s see!

Quora Logo

Quora Logo

How Quora Makes Money?

Right now, Quora is not making any money from its portal. They are waiting for the right time to implement advertisement. According to the latest information, Quora is planning to implement advertisement on its portal from 2015. They haven’t provided any actual or exact date of 2015 year.

What is the revenue of Quora?

Right now, there is no revenue or income of Quora. They haven’t implemented any monetization method till date to earn money to run their operations. According to our knowledge and information, they are running their company wholly from the money raised in various funding round. It is one of the common policies among various players to do not implement advertisement until portal gets popular.

List of Funding Rounds of Quora

  • US$11 million from Benchmark Capital in March 2010
  • US$50 million from Co-founder D’Angelo and Peter Thiel in May 2012
  • US$80 Tiger Global Management in April 2014

So, do you think Quora may be running out of money to run their day-to-day operations? No, they will not require any further money to run their portal without advertisement for several years.

We are expecting that Quora will make money by selling user’s decision making information, sponsored question/answer, promoted QA, simple banner ads, and many other ways. We have to wait till the official announcement by the team of Quora. So, let’s wait!

Article first published on April 1, 2015.