In times when online shopping has become an everyday part of life for many, comprehensive order fulfillment service is becoming a key solution that helps businesses effectively manage product logistics. How this service works, the problems it solves, and how it is changing business operations in Lithuania – these are the topics discussed by Mantvydas…
In a world where e-commerce volumes are growing at an unprecedented pace, competing solely with the uniqueness of a product or service is no longer enough – in order to establish itself and stay relevant, a business must respond to market trends, consumer needs, and adapt flexibly. According to data provided by Statista, global e-commerce…
Valentine’s Day causes a clear uptick of discreet gifts, when people are buying aphrodisiacs, erotic games and intimate accessories from adult stores as February 14 approaches. Povilas Klusaitis, the head of the adult store Fantazijos.lt, notes that Lithuanians have become significantly more open over the past few years. While vibrators remain popular, Valentine’s Day shoppers…
In the era of digital transformation, more and more companies are leveraging artificial intelligence (AI) technologies to enhance efficiency and economic benefits. Jurgita Karčiauskaitė and Daiva Nariūnienė, students of the Executive MBA program at ISM Executive School, are exploring in their thesis how companies can better prepare for the impact of AI on customer service…
Venipak delivered over 1.2 million packages to Estonian clients last year, averaging nearly 5,000 packages per day. Last year, the most popular parcel lockers of Estonia’s largest privately-owned parcel company were in Viimsi, Võru, and near the Kristiine Center in Tallinn. “The number of Venipak shipments in Estonia grew by 24% over the year, and…
“I have my work so deep in my blood that I sometimes see myself sorting parcels, planning my daily route in my dreams. There’s nothing weird about it – after all, I have spent so many years doing this job,” says Algirdas Rozga, a courier for two decades. This 66-year-old Klaipėda native told us about…
Will 2025 be a prosperous and rewarding year for shoppers, filled with long-awaited purchases? Or, on the contrary, should they steer clear of big buys and unexpected expenses? When discounts dazzle and every store seems to tempt with ever-better and higher-quality goods, making choices can become a challenge. Let’s see what the stars have to…
Long-term statistics of Venipak reveal a clear trend that most recipients are picking up their parcels quickly – usually within the first or second day after delivery. “In Estonia, the largest customer group, 71%, picks up the parcels the same day and 17% the second day after receiving the SMS notification. Clients doing it three…
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,…
