● The UAE's leading online classifieds platform earns its number one position in motors by claiming 84% of all traffic to online motoring platforms in the UAE, as of September 2016
● With an average of 1,000+ new listings in used cars per day, dubizzle marketplace generates six times more content than the next largest motors platform in the UAE,
● Offering the highest liquidity and best return on investment for listers, each dubizzle motors listing on average receives its first lead within 30 minutes and over 20 inquiries within 30 days of being posted
● On average, a car will sell within 30 days of being listed on dubizzle.
Dubai, UAE – dubizzle, the UAE’s leading online classifieds platform, recorded over 109,000 daily active users on its motors section in September 2016, confirming its position as the number one online second-hand car marketplace in the UAE. As of September 2016, dubizzle Motors dominated online motoring market share with 84% of all web traffic to online motoring platforms in the UAE.
With an average of 40,000 live used car listings and 1.68 million monthly unique visitors to its Motors section, dubizzle has firmly cemented itself as the number one online marketplace for second-hand cars in the UAE. The platform receives over 1,000 net new listings per day, which is six times more than the next largest motors platform in the country.
“dubizzle's success is built on creating a highly transparent and liquid marketplace. Other platforms compromise transparency, often at the request of certain dealers looking to profit from information asymmetry, by removing asking prices and forcing potential buyers to call sellers for price. This creates an imbalance in negotiating power and encourages consumer exploitation. dubizzle and its parent OLX strive to create win-win transactions for buyers and sellers and will not compromise on its values to benefit the minority. In fact, 85% of our users search by price; therefore, hiding prices will ultimately hurt sellers as their ads will not prominently appear in search results, leading to fewer and lower quality leads,” commented Jean-Pierre Mondalek, General Manager Motors at dubizzle.
On average, every motors listing on dubizzle receives its first lead within 30 minutes of being posted, and over 20 leads within a month – the average time it takes to sell a car on the platform.Our focus on driving highly-relevant traffic and content to the platform and maximizing lead generation for sellers allows dubizzle to offer the lowest cost per lead in the industry and the bestreturn on investment for advertisers listing on the platform.
“We will continue to develop our platform with the best interests of our users in mind – the main reason we are the UAE’s most trafficked and liquid online marketplace for motors,” added Mondalek.
As of September 2016, the dubizzle app ranked as the #1 lifestyle app in the Google Play Store and in the top 3 shopping app in the Apple App Store in the UAE. It is also worth mentioning that 2015 was a great year for dubizzle, with the classifieds platform listed in the top five most searched UAE brands* and ranked as the sixth most visited website in the UAE**.
As part of its ongoing investment in features and services that benefit its users, dubizzle has recently partnered with CarReport, an international, independent vehicle history provider on used cars, to provide total transparency across the UAE’s used car market for the first time. Through this first-of-its-kind service, dubizzle aims to empower buyers by providing them with vehicle history and price guides for cars advertised on the platform – creating peace of mind in the used car buying experience. This simultaneously helps sellers by improving the quality of leads received. dubizzle will continue to facilitate fair trade on the platform, offering a quick, easy and accessible marketplace for second-hand cars.
© Press Release 2016
