SVP, Corporate Communications
NetSuite Goes Gaga for Google
PayPal Integration Lets Companies Transact Globally
Multi-Channel Selling Made Easy for SMBs
SAN MATEO, Calif. LONDON, TORONTO and SINGAPORE—November 17, 2005—NetSuite, Inc., the leader in on-demand business management software for small and mid-sized businesses, today announced a host of new features bringing unprecedented, advanced ecommerce capabilities to online retailers. For years, companies selling over the Web have been puzzled by how to attract customers, close sales on abandoned carts, measure the success of their marketing campaigns, transact globally, and integrate their ecommerce operations with their accounting, warehouse and service departments. The newly unveiled functionality added to the NetSuite ecommerce engine solves these mysteries by providing a single system that manages global ecommerce transactions from visit-to-fulfillment, while providing tools to integrate with multiple online channels and optimize search engine rankings. For more information about the NetSuite ecommerce engine, please visit www.netsuite.com/ecommerce.
NetSuite is the only ecommerce system built to manage multi-channel commerce, tightly integrating the accounting, warehouse, marketing, and support departments within a single system. Highlights of the new features announced today include:
"The Internet was supposed to make the size and location of a company irrelevant when it came to selling on the Web, but this promise was not realized because of weak, first generation technology," said Zach Nelson, CEO of NetSuite. "NetSuite's new features bring SMBs to the ecommerce promised land, where the quality of the buying and service experience—not the size of the merchant—defines winners and losers."
"We have seen our search engine ranking improve steadily since coming on board with NetSuite in 2001," said Andreas Katsambas, CEO of The End Records (www.theendrecords.com), a private record label and online retailer of eclectic rock music based in Salt Lake City. "In addition, the comparison engine feeds have caused our sales to increase while saving us time, and PayPal integration has doubled our non-credit card sales, including a strong percentage of international orders. We just inked a long-awaited deal with RED (an independent arm of Sony/BMG) and feel that our NetSuite integration has been instrumental in making this happen."
Built on the accounting heritage of NetSuite, ecommerce has naturally evolved as part of NetSuite, in conjunction with Customer Relationship Management (CRM) capabilities. The NetSuite ecommerce engine is unique in many ways, including:
Pricing and Availability
NetSuite includes the core ecommerce functionality together with the marketing and search engine optimization capabilities highlighted today at no additional charge. NetSuite Site Analytics and Site Builder modules are an additional $199 USD/$299 CAD per month.