E-commerce in Lithuania

Some statistics

Fiber to home spread is #1 in Europe, #5 in the world

58% of residents use internet

60% of internet users uses social networks

47% of them uses at least once a day

Google is the most popular search engine

Facebook is the most popular social network

Most popular bank among residents is Swedbank

Most popular, 2010-09

Most popular e-shops

Pigu.lt

Neriba.lt

Assorti.lt

E-senukai.lt

Delivery methods

0%

5%

10%

15%

20%

25%

30%

Lexsystem DPD Siutos.lt Nege Nationalpost

Other

Payment methods

0%

5%10%

15%

20%

25%

30%

35%

40%45%

Decision made on 64%: I will find what to buy, then I go to the e-shop

29%: straight to the trusted e-shop and search there

5%: decision is based friends

1%: based on advertising

1%: other

Auctions

TukTuk.lt

TeleBid.lt

Rinkaplius.lt

Aggregators

Kainos.lt

VUP.lt

Turgus.plius.lt

Hosting TEO

Hostex.lt

BDC

Interdata

Baltnet

Duomenucentras

Serveriai.lt – most popular for simple users

How much does e-startup costs

0

500

1000

1500

2000

2500

3000

Typical web dev.company

E-commerce specializedcompany

Ready templates

Price from, EUR

Or you can rent an e-shop Verskis.lt was the first project dated 2008-11 to offer an

e-shop rent and still is the leader with about 90% share on the LT market

Main advantages of a solution

Moderate 50 EUR fee per month

Launched in seconds

Free regular updates

Excellent support provided

Fully localized to LT market

Integrations with: , ,

Thanks for attention

p.s. we are looking for partners outside Lithuania to promote this idea “rent-an-eshop” so if you are interested – let me know ;)