Hub Camp #37 - Golden Age of Fin Tech Innovations 2016 03 25 Presentation "Retail & Payments. Old vs New patterns" Retail is detail In Sweden's 1st unstaffed food shop, all you need is a phone How much does it cost to open a Store? Where are your customers? Where are you? Solution. Virtual Store. Almost for free! Tesco Homeplus – Seoul, Korea Jetshop – Stockholm, Sweden Well.ca – Toronto, Canada Aliqua – Berlin, Germany Western Australian Newspaper – Perth, Australia Snap2Get – Kuala Lumpur, Malaysia Sorli Virtual – Barcelona, Spain Disco – Buenos Aires, Argentina eBay – London, United Kingdom Peapod – Philadelphia, USA In the Baltic region, "virtual stores" concept is very innovative. myVirtualStore and Omnitel have opened the first virtual stores in the Baltic States. 2015 Environment of entrepreneurs is uniquely challenging Innovation Adoption Stages When something new kills something older? Your biggest dream comes true! Arūnas Vizickas +370 686 00091 arunas.vizickas@gmail.com

1. Retail & Payments.
Old vs New patterns.
Based on the true story
Hub Camp #37 - Golden Age of Fin Tech
Innovations 2016 03 25

2. ARŪNAS VIZICKAS
18+ years retail and distribution experience
6+ years e-commerce development
experience
Currently:
„Conversion Sumo“ co-founder
„Go4price.com“ co-founder
„myVirtualStore“ co-founder
„Civitta“ business development
„Pricer.lt“on the way

3. Patirtis

4. Retail is my mission & Retail is detail

5. In Sweden's 1st unstaffed food shop, all you need is a phone

6. How much does it cost to open a Store?
Restaurant?
• Decoration, installation
• Equipment
• Stock-in-trade
• Insurance
• Rent
• Staff
• Promotion
• Etc.
Open and wait
if clients come.
And if not?

7. Where are your customers?
Where are you?
Once again about running costs?

8. Solution. Virtual Store. Almost for free!

9. How much does it cost to open a Store?
Restaurant?
• Decoration, installation
• Equipment
• Stock-in-trade
• Insurance
• Rent
• Staff
• Promotion
• Etc.
Open and wait
if clients come.
And if not?

10. Virtual stores in the world. 2011
Tesco Homeplus – Seoul, Korea
Jetshop – Stockholm, Sweden
Well.ca – Toronto, Canada
Aliqua – Berlin, Germany
Western Australian Newspaper – Perth,
Australia
Snap2Get – Kuala Lumpur, Malaysia
Sorli Virtual – Barcelona, Spain
Disco – Buenos Aires, Argentina
eBay – London, United Kingdom
Peapod – Philadelphia, USA

11. Virtual stores. Statistics
In the Baltic region, "virtual stores" concept is very innovative.

12. myVirtualStore and Omnitel have opened the
first virtual stores in the Baltic States. 2015

13. Virtual stores. How?
1
2 3
4 5
?

18. Environment of entrepreneurs is uniquely
challenging

19. Environment of entrepreneurs is uniquely
challenging

20. Innovation Adoption Stages

21. When something new kills
something older?

24. Your biggest dream comes true!

25. Thank you for attention
Q&A
Arūnas Vizickas
+370 686 00091
arunas.vizickas@gmail.com