OLX.ph, the largest online store in the Philippines is urging Pinoy households to sell their unused but good condition items estimated at Php 21 billion.
Based on a survey conducted by TNS Global on behalf of OLX.ph, some of the most functional items were devices like Php 3.8 billion of computers, Php 3.5 billion mobile phones, Php 1.5 unused clothing, and P1.08 billion of kitchen appliances. These excludes other stuffs like electronics, clothes and fashion accessories, vehicles and automotive merchandise, home appliances, and collectibles.
A total of 500 urban households across the Philippines were interviewed in the survey entitled “Yesss, Yaman! Study”. It was conducted from June to July 2014 and most respondents were interested in selling their unused stuff online.
“It’s astonishing to learn that P21 billion worth of unused items in working condition are just sitting in people’s homes, gathering dust, and left to waste,” said RJ David, Managing Director of OLX Philippines. “Just imagine how much cash people can make when they sell these items.”
OLX.ph reported more than 600,000 Filipinos have already listed their pre-loved items for sale on OLX.ph. Projections are that one million Filipinos will be selling on the site before the year ends.