Press Releases


Contact:

Mei Li
Senior VP
Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

NETSUITE'S HOT ECOMMERCE CUSTOMERS GROW BUSINESS WITH NETSUITE ECOMMERCE EDITIONS

 

SAN MATEO, Calif.—March 18, 2008—NetSuite Inc. (NYSE: N - News), a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies, today announced that a number of ecommerce companies have grown their businesses exponentially with NetSuite's Ecommerce Editions designed and built to address the end-to-end business processes of ecommerce companies from the first marketing touch through the web store / shopping cart experience and beyond to order processing, fulfilment, shipping and repeat purchases. For more information about NetSuite Ecommerce Editions please visit www.netsuite.com/ecommerce

NetSuite brings business software to manage an ecommerce company's web store, shopping cart, front-office and back-office business processes with a single, real-time business software suite. The newly created NetSuite Ecommerce Editions announced today, the introduction of the new NetSuite PayPal Express Checkout integration, and the addition of new ecommerce functionality (please see all three accompanying press releases), give ecommerce companies more power and flexibility in managing their end-to-end business operations.

NetSuite's ecommerce customers speak about their experience with NetSuite Ecommerce Editions and highlight the new features that have added the most value to their business. These companies include:

Dealyard.com (www.dealyard.com)
Most Valuable Feature — PayPal Express Checkout.
"The PayPal Express Checkout via NetSuite was implemented to provide our customers with a fast, secure and efficient way to checkout from our shopping cart", says Rob Heller, President of leading internet retailer DealYard.com, based in Westbury, NY. "PayPal Express allows our customers to pay without having to create a new account on the DealYard.com website. NetSuite's ecommerce platform enables us to maximise operational efficiencies by providing a complete ERP solution, including inventory management, CRM, financials, web store and reporting."

Touch-up Solutions (www.touchupsolutions.com)
Most Valuable Feature — Multi-Site.
"With NetSuite we don't have to have disparate accounting, inventory and order management systems for our multiple, separate web stores," said Troy Pait, owner of Touch-up Solutions, in Maiden, NC. "It also allows us to create multiple brands and have separate sites that are directed at different audiences, each with their own distinct look and feel, but they all run out of the same NetSuite back-end so we have a single source of truth about all of our business operations."

Electronics123.com (www.electronics123.com)
Most Valuable Feature — eBay Integration.
"NetSuite has really made the eBay module user friendly," said Johan Smit, president of Electronics123.com, based in Columbiana, OH. "The more items you sell on eBay the more valuable the integration. It's saving us the time and energy of having to do the whole process manually and update information in two places. Instead, we can concentrate on other parts of our business, rather than having to update the system every time an item sells."

AllAboutDance.com (www.allaboutdance.com)
Most Valuable Feature — PayPal Express Checkout.
"We had a lot of requests from our customers for PayPal Express Checkout," said Chris Nash, owner of AllAboutDance.com, based in Kingston, PA. "Once PayPal Express Checkout was added to our NetSuite-powered web store and shopping cart we saw a huge increase in overall PayPal orders. We have been able to keep costs low while saving the company time and providing our customers a higher degree of security and confidence."

DiscounTechnology (www.discountechnology.com)
Most Valuable Feature — Multi-Site.
"Why re-invent the wheel?" said Jesse Menczer, CIO of DiscounTechnology, based in San Diego, CA. "With NetSuite's multi-site capability we can manage our entire business and all our web stores from one application. We've really been able to focus on growing our business thanks to the end-to-end visibility that NetSuite gives us into our ecommerce operations."

Cleverboxes.com (www.cleverboxes.com)
Most Valuable Feature — eBay integration and PayPal Express Checkout integration.
"We built the foundation of our business around NetSuite functionality three years ago, and now with the new NetSuite-eBay and PayPal integration it forms an integral part of our current and progressive online sales strategy, taking us to the next level in the company's development," said Vernon Yerkess, Managing Director of Cleverboxes.com, an online e-tailer of branded IT equipment, specialising in Hewlett-Packard, based in North West England. " Previously less than 5 percent of our business has been via eBay / online sales, but our online sales strategy is to utilise the new NetSuite-eBay-PayPal functionality to help increase that to around 20 percent. The new functionality allows us to have full audit trail traceability of our eBay-PayPal transactions. Another key benefit is that we can upload / monitor / market as many products online as we want. It's a vital component in our growth strategy."

Canterbury Europe (www.canterburynz.com)
Most Valuable Feature — eBay integration and PayPal Express Checkout integration.
"We're a manufacturer and didn't plan to sell on eBay, but when we came on board with our NetSuite Web store last year and learned about the upcoming eBay integration and PayPal Express Checkout, we were excited and put that into our 2008 plan for increased growth," said Dave Adamson, e-commerce manager at Canterbury Europe, a sportswear wholesaler based in Reddish, Stockport, Cheshire (UK). "NetSuite Ecommerce already helped support our 65 percent growth in online sales last year -- with no stability issues and fewer running costs -- and now in rolling out to this new channel we expect another steady revenue stream. NetSuite-eBay and PayPal Express Checkout will give us the ability to increase sales that we would not have otherwise."

About NetSuite
NetSuite Inc. is a leading vendor of on-demand, integrated business software suites that include Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and Ecommerce software for small and midsized businesses and divisions of large companies. NetSuite enables companies to manage core business operations in a single system. NetSuite's patent-pending "real-time dashboard" technology provides an easy-to-use view into up-to-date, role-specific business information.

NOTE: NetSuite and the NetSuite logo are registered service marks of NetSuite Inc.