During the last week of November, when retailers attracted buyers with big discounts, Estonians, Latvians and Lithuanians actively shopped in online stores. At the same time, the preferences of residents of all Baltic countries were similar: mainly household goods, electronics, coffee and products from Chinese online stores were purchased. “Compared to usual November days, the…
November 29th – Black Friday – marks the biggest sales of the year and the start of the Christmas shopping season. For e-commerce stores, sales that grow from a few to several dozen times their usual volume bring not only revenue but also numerous challenges that businesses don’t always manage to handle successfully. Darius Borisas,…
Say you’ve decided to sell your coffee maker. You’ve taken some photos and placed your ad on several online platforms. A buyer contacts you, claiming they’ve arranged a courier through a parcel service. All you need to do, they say, is click a link and provide your confidential details. This is a classic scam, with…
According to Bauhof, chain of DIY and gardening stores, customers are shopping more often but spending smaller amounts due to the economic downturn, with larger projects being postponed. One of the most important factors in sales growth, the company sees, is the online store, where the speed and convenience of delivery are increasingly important in…
The end-of-year season, particularly November and December, packs 90% of the retail sector’s key opportunities – from Singles’ Day and Black Friday to Cyber Monday, all culminating in the marathon of holiday shopping. Unsurprisingly, e-commerce players focus most of their attention, resources, and expectations on this period. But how can businesses enjoy success, steady sales,…
Although the anticipation of the year’s most beautiful holiday should bring joy and positivity, we often experience a lot of stress instead. Social pressures and high expectations create stress around gift-giving, leading to last-minute shopping, overspending, and, starting January, feeling the financial pinch. What can we do to enter the festive season joyful, calm, and…
“Today, it is no longer sufficient to merely provide a service, it is much more important to listen to customers’ expectations and tailor our services accordingly,” says Andrius Ladauskas, the new CEO of the international parcel company Venipak. Having previously worked for such companies as Lietuvos geležinkeliai (Lithuanian Railways) and Vilniaus prekyba, and having managed…
International parcel company Venipak – that operates over 160 parcel machines and provides courier services in Estonia – has appointed a new CEO. After eight years at the helm, Justas Šablinskas has been succeeded by Andrius Ladauskas, who brings extensive leadership experience from large Lithuanian companies like Lithuanian Railways and Vilniaus Prekyba. Since March 2024,…
As we observe the growing number of parcels, we aim to ensure that all shipments reach their recipients on time. Therefore, we are temporarily shortening the storage period for parcels in “Venipak” parcel lockers and pick-up points. Starting from October 29, 2024, parcels in “Venipak” parcel lockers and pick-up points will be stored for 3…
Ahead of summer, people often buy seasonal goods in online shops, from gardening supplies to swimming pools. But according to Tetyana Fromzel, shopping manager at Frog.ee, an online shop celebrating its 10th anniversary this year, this year’s biggest seller was an ice cream machine. Tetyana noted that electronics have been one of the most popular…
