Let's create value together.
To use transport services provided by public carriers at public prices set by the carriers themselves (the carrier itself determines what prices and under what conditions it provides its services). In this case, the Logistrik mediates the transport service.
Another option is to set up individual cooperation partners, or subcontractors, in Logistrik, in which case the customer must make the appropriate settings in Logistrik, and the carrier will invoice the customer directly. In this case, the online store uses Logistrik as a technology that helps to display all transport partners uniformly in the selection of delivery methods in the online store.
We see Europe (40+ countries) as our domain. According to BuiltWith data, as of December 2022, there were a total of approximately 3.16 million online stores with e-commerce solutions in the region targeted by us. These are online stores where something is sold and there is a need to ship the sold goods.
The market analysis we have done based on the year 2020 of the 27 countries of the European Union, according to Statista, the volume of parcel transport is about 11 billion shipments, in monetary terms 70+ billion euros.
The decision to start with the development and offering of the WooCommerce plugin, as the use of WooCommerce is most common in the Baltic countries and Finland: Estonia 4472, Latvia 2416, Lithuania 4886 and Finland 5160 online stores use the WooCommerce platform (according to BuiltWith, January 2023).
We grow together
We are facing rapid and massive growth. Geographical expansion brings with it the challenge and the need to integrate with transport companies in new regions. The estimated number of parcel transport service providers in Europe that we absolutely need is approx. 400+ transport companies. Until we achieve a significant volume in the market that motivates carriers to interface with us, we have to initially interface with carriers ourselves.
In parallel with geographic expansion, we aim to continuously expand the range of plugins offered. In our estimation, there are nearly 50 different platforms of e-commerce software used by online stores in Europe, to be considered and for which the development of plugins is planned. Each new platform for which we create a plugin gives us a strong capability in the regions we already serve and creates better conditions for the inclusion of new regions.
From the above, the main challenge for our growth will be building a development team of considerable size. In building and managing an efficient, well-working and large development team, we definitely need additional input - both in the form of know-how and involvement of additional resources. If you have the opportunity to contribute to one or the other (or both), we would be happy to exchange ideas.