A good product and a good price is no longer enough: what challenges lie ahead for e-commerce businesses in 2024?

E-commerce continues to grow consistently: Statista has forecast that the revenue in this market will approach USD 3 billion in 2023. Players in the sector have no time to relax – the unstable geopolitical situation, ever-changing consumer expectations and the intensely competitive environment are encouraging businesses to look for more and more intelligent solutions that…

What to consider when buying goods online

With the Black Friday sales and Christmas approaching, when many people choose to shop online, it is important to take note of a number of tips to ensure your parcel reaches its buyer on time. International shipping company Venipak has put together a number of tips to avoid problems and get parcels to customers on…

New partnership between Montonio and Venipak brings faster, easier shipping to online shopping in the Baltics

Montonio, a fast-growing online payment solutions provider, announces a strategic partnership with Venipak, an international delivery platform and one of the largest express delivery networks in the Baltic States. This collaboration marks a significant step in the e-commerce sector, especially in the Baltic region, by merging state-of-the-art shipping technology with Montonio’s comprehensive payment systems. The…

Collaborating to help small e-merchants: plans to save up to 50% on logistics costs

Slowing economy indicates tougher times for e-businesses. Reaching customers at optimal costs is likely to become increasingly difficult, especially for marginalized small businesses. Therefore, PHH Group, the largest e-commerce company in the Baltics, which owns Pigu.lt, 220.lv, Kaup24.ee, and other brands, has decided to cooperate with Venipak, an international parcel company. This partnership will aim…

Shoppers are unanimous: it is not just low-quality goods that keep them from returning to visit online shops for a second time

Although the experts are increasingly talking about a slowing economy and more budget-conscious shoppers, the e-commerce segment may avoid this crisis. In fact, e-commerce is projected to continue growing worldwide, with many product categories that have not yet been discovered by consumers online at all.   Electronic goods are the most popular According to research…

Venipak acquires Dutch e-commerce wholesaler, opening up avenues to Amazon and other global platforms as well as major European retailers

Lithuanian-owned international parcel delivery company Venipak has acquired Strengholt Entertainment BV, an e-commerce wholesaler based in the Netherlands and active throughout Europe. Among the suppliers and brands represented by the circa EUR 50 million turnover company are „Universal Music“, „Lego“, „L’Oreal“, „Disney“, „Mattel“ and others. This transaction is expected to form the basis for the…