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

 

ECOMMERCE COMPANIES STANDARDIZE ON NETSUITE FOR ON-DEMAND END-TO-END ECOMMERCE SOLUTION WITH AMAZON.COM-LIKE POWER

LONDON and SAN MATEO, Calif. — 15 February 2007 — NetSuite, Inc., the leader in on-demand business management software for small and mid-sized businesses, today announced that more than 1,500 ecommerce customers around the globe have standardized their ecommerce operations on NetSuite for a complete and powerful end-to-end solution. These ecommerce companies have grown their businesses exponentially, resulting in 1,901,844 Web transactions totalling more than $290 million sold through NetSuite®-powered websites in 2006 — making NetSuite the leading provider of on-demand ecommerce solutions for sub-$10 million revenue sites. For more information about NetSuite ecommerce customers, please visit www.netsuite.com/uk_ecommerce

With the release of new NetSuite ecommerce functionality (please see the accompanying press release at www.netsuite.com/uk_pressrelease), more than 1,500 NetSuite ecommerce customers including mid-sized companies will have more functionality to manage their ecommerce sites and support their growth, globalization, multiple Web stores and companies/subsidiaries. NetSuite also brings more business process customization functionality to meet the specific needs of their industry requirements.

Some of the customers that have standardized on NetSuite ecommerce solutions and have experienced rapid growth include:

Radcliffe Denim (www.radcliffedenim.com) – based in London

  • NetSuite B2C user since 2005
  • NetSuite reduces order-to-dispatch process from 7-10 days to 2-3 days
  • Scales to support business growth from £1 million to £5 million in a year

"My sales are global so I have sales agents worldwide, and they all have instant access to the same data," said Suzy Radcliffe, Founder and Creative Director of Radcliffe Denim. "The speed of our supply chain is a major contributor to the success of our business. We also offer online ordering and our [NetSuite] website backs into our systems and is integrated with our inventory — very smart".

Radcliffe is about perfect fit. Fit to a lifestyle, fit to a function, and fit to the body. Suzy Radcliffe, Founder and Creative Director of Radcliffe, was first drawn into premium denim at the start of the phenomenon. Radcliffe's expanded concept of fit, function and attention to innovative details, responds directly to what women want, with cleaner lines, smarter cuts — entirely feminine.

Miglia Technology (www.miglia.com) – based in Tring, Herts

  • NetSuite B2C and B2B user since 2004
  • Web Store sales 2004 to 2005: rose 150 percent

"Our sales doubled over the last year, our Website hits increased by over 150 percent, and our cart abandonment rate dropped from 39 percent to 24 percent on average," said Simon Ellson, Managing Director of Miglia Technology.

Miglia is a manufacturer of both computer and consumer electronics accessories for the digital lifestyle. The company's products leverage high-end audio, video and voice technologies and apply them to the broader consumer marketplace. Founded in 2001, the company began life as a leading provider of Macintosh accessories and now has offices in the United Kingdom, the United States, China and Taiwan.

Otter Products, LLC (www.otterbox.com) – based in Fort Collins, Colorado (USA)

  • NetSuite B2C user since January 2006
  • Web sales from 2005 to 2006: increased by 125 percent.

"NetSuite provides us with an organized system that integrates all functions of our business, from sales and marketing to accounting and shipping," said Curt Richardson, CEO of Otter Products, LLC. "Our national and UK customers have a user friendly experience; they can easily manage their shopping cart and track orders. The overall success is evident."

Otter Products, LLC is a manufacturer of rugged technology cases for various devices such as iPods, PDAs, smart phones, laptops and GPS units which are sold worldwide, including the UK.

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

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