After Flipkart, Amazon Goes In Direct Competition With Olx And Quikr Amazon to sell used goods on its platform.

By Ritu Kochar

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

With eCommerce firms looking to expand aggressively at a time of investment draught, Amazon is giving these firms a hard time coping up. Before, firms like Flipkart, Snapdeal and Jabong faced direct competition from the eCommerce giant, but other popular sites, like Olx and Quikr, famous for selling old goods were safe from this competition.

However, not anymore!

According to leading media daily, Amazon is looking to enter the market of used goods and will now allow consumers to sell their used things online.

The Seattle-based company is using its subsidiary firm, Junglee to launch a pilot which lets an individual sell second-hand goods across different categories like mobile phones, tablets, pre-owned watches, books, among other such items.

With this service, Amazon is looking to expand its user base among small sellers who are often unable to sell their businesses online. This new service will help them get on board. This service is currently available in Bengaluru and will soon be expanded to other cities looking at the consumer response.

Confirmed by Amazon's spokesperson, this service has so far been receiving good response. This makes them a direct competition for online portals like Quikr and Olx, besides Ebay, which has not been able to corner the Indian market, unlike the US. Like Quikr, Amazon will be providing pick-up and packing services for the used goods at the consumer's doorsteps as well as delivering the product to the buyer. The online retailer will only charge a commission once the transaction is complete between the two parties.

Recently, despite losing Tiger Global as a major investor, Amazon had been growing by over 150 per cent year-on-year in the first quarter of 2016 in India. Largest in the world, in India Amazon stands at the second position in terms of online marketplace but is gradually narrowing the gap with Flipkart, who are not having the best of times right now. The online retailer already has a warehouse in the outskirts of Hyderabad and a development centre in progress.

Ritu Kochar

Former Staff, Entrepreneur India

Ritu used to work as a Feature writer for Entrepreneur India.
Growing a Business

The 10 Best Podcasts Every Entrepreneur Should Listen to for Growth, Strategy and Success

Unlock your potential with the 10 must-listen podcasts for entrepreneurs, offering expert insights on growth, strategy and success.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growth Strategies

JLR To Ramp Up Production Of Made In India Range Rover & Range Rover Sport; To Focus On SV Variants: Rajan Amba

We are focusing on tailor made limited edition cars, specifically for the Indian market, catering to the high net worth individuals (HNIs), says Rajan Amba, MD, JLR India

Business Solutions

From Boardrooms to Virtual Calls: Your AI Meeting Coach Is Here

Hedy ensures you never miss a beat, whether in-person or online.

Growing a Business

4 Advanced Marketing Tactics for Small Businesses That Actually Work

Small businesses can adopt advanced marketing strategies to stand out and achieve sustainable growth. Techniques like personalization, content clusters and virtual events help build stronger customer connections and deliver real results.