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Subject:
% of Web Merchants that use QuickBooks as their accounting software?
Category: Business and Money > eCommerce Asked by: cybershipper-ga List Price: $25.00 |
Posted:
08 Jan 2004 21:52 PST
Expires: 13 Jan 2004 13:34 PST Question ID: 294637 |
"What % of US based Web Merchants use Quickbooks as their backend accounting system?" I have developed an e-commerce Tool for small to medium businesses who sell merchandise on the Web. This tool synchronizes orders data from the merchant's website with inventory data in Quickbooks 2002, Quickbooks 2003 and Quickbooks 2004 versions only. Quickbooks is the leading accounting software for small businesses. BACKGROUND: (i.e. what leads me to ask and formulate my question): I have a mailing list of 150,000 US based web merchants, but the list represents the GENERAL population of web merchants, not just small web merchants, and definitely not what I really needed - which is small web merchants who use one of the 3 Quickbooks versions as their backend accounting software. Since I am going to be doing a regular mail campaign (not an email campaign), I want to make sure that this mailing will be seen by enough Quickbooks users so that the campaign is economically viable. That is why I need to know the specific answer to my question. What I don't need in an answer: I really don't need to know the OVERALL market share of Quickbooks, market share growth trends, etc. The answer must focus on the number of US based web merchants and how many of them use those 3 versions of Quickbooks, so that I can calculate exactly how many potential customers are hidden in my mailing list of 150,000 US based web merchants. |
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There is no answer at this time. |
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Subject:
Re: % of Web Merchants that use QuickBooks as their accounting software?
From: rainbow-ga on 09 Jan 2004 02:23 PST |
Hi cybershipper, The following may provide you or other researchers a starting point for your research: "Quickbooks enables small organizations to automate many of their accounting related functions, including bookkeeping, invoicing, and billing, and is the market leader in its category, with a market share in excess of 78% (based on recent NPD retail sales data). We estimate the company had approximately 2.6 million Quickbooks users at the end of April. According to the Small Business Administration, approximately 600,000 new companies start each year in the United States, and Intuit estimates that approximately 400,000 of them select Quickbooks for their accounting needs. In our opinion, Intuit was able to garner such a significant portion of the market for the same reason its Quicken product did; it?s easy to use and lets ordinary people without accounting degrees effectively and efficiently manage the finances for their businesses." RBC Capital Markets https://www.rbccmresearch.com/drw1.0.4/pdf/0,,41068,00.pdf. (Needs Adobe Acrobat) Best wishes, rainbow~ |
Subject:
rainbow-ja's comment
From: cybershipper-ga on 09 Jan 2004 14:17 PST |
Thanks, rainbow-ga. This is very helpful, and will be a good data source for the researcher. The real challenge is to find out how many US based web merchants exist today, and how many of them use Quickbooks. |
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