Google Trends - NetSuite vs Open ERP

What an achievement for a company whose marketing bust must be 400 times tinier than NetSuite.

Just out of curiosity, I compared Open ERP with its peers. I think the graphic speaks by itself.

Google Trends - Open ERP vs peers

Add to that the latest statistics:

• 20% growth in the number of leads every two months
• 1,000 downloads of the auto-installer per day
• One new module produced every open day (20 per month)

It seems that Open ERP is doing everything right:

• The right object oriented technology allowing for easy add-ons development and integration.
• The right business model: a true Open Source model and not that pseudo “commercial” thing

Is this the application to follow? The future will tell … maybe sooner than we think.

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Some answers can be found in eMarketer reports and the monthly e-Commerce index from CEFRIO (financed by the Ministère du développement économique et de l’innovation). While eMarketer is forecasting a 16.4 Billion dollars market in 2009 (a 6.5% increase over 2008), CEFRIO is measuring a solid growth in the number of cyber buyers and associated revenue in Quebec.

• from July 2007 to August 2008, 15% of Quebec adults have been buying online for a total revenue of 3.2 Billion dollars.
• During the first quarter of 2009, the number of cyber buyers has increased by 40% (47% in April) with a 18% growth in revenue.

Did you know that due to a lack of local offer, more than one third (1/3) of this revenue went to US based companies?

So, is it time for Quebec companies to expand their potential market?

Here is a list what will be needed if you decide to go for it:

• Online shop – That’s the most obvious. What’s important here is to find THE platform that fits your needs.
• Online payment – Taking online payments (credit cards, Debit cards, Paypal or Google Checkout, etc.) is essential nowadays. Without it, you are going to frustrate your potential customers and loose them to the competition.
• Order Fulfillment and shipping – As soon as sales are in, you will have to pack and ship the goods. Are you ready to process dozens and possibly hundreds of orders per day?
• Customer service – This is where a lot of e-Commerce businesses fail. A good customer experience requires quick processing of complaints, product returns, and support questions.
• Promotion – Imperative because it is crucial to any e-Commerce site success. this part must be thoroughly taken care of in order to attract and retain cyber buyers.

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