364% Revenue Growth Ranks Powered by Search #23 on PROFIT HOT 50, Canada's Top New Growth Companies

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Powered by Search continues to propel its reputation as Canada's leading SEO and Internet Marketing agency, placing #23 on PROFIT Magazine's annual list of Canada's Top New Growth Companies.

Powered by Search Ranked #23 on the 2012 PROFIT HOT 50.

Powered by Search Ranked #23 on the 2012 PROFIT HOT 50.

We're proud to be part of this year's PROFIT HOT 50 list, and be first amongst Canada's fastest growing digital marketing agencies

PROFIT Magazine today ranked Powered by Search NO. 23 on its 13th annual PROFIT HOT 50, the definitive ranking of Canada’s Top New Growth Companies. Published in the October issue of PROFIT magazine and online at PROFITguide.com, the PROFIT HOT 50 ranks young firms by two-year revenue growth.

Powered by Search, Canada's fastest growing Search Engine Optimization and Inbound Marketing agency made the PROFIT HOT 50 list with two-year revenue growth of 364%, with 2011 sales topping $1.2 Million.

"We're proud to be part of this year's PROFIT HOT 50 list, and be first amongst Canada's fastest growing digital marketing agencies" says Dev Basu, CEO at Powered by Search.

"Our team has worked incredibly hard to become amongst the best in the Search Engine Marketing industry, and these efforts have accelerated the growth of our client base to over 100+ clients in 9 countries and 3 continents. We are in a great position to continue on this path and deliver unparalleled internet marketing results for our clients."

Experts at SEMPO and Econsultancy estimate that the search engine marketing industry in North America will reach a value of nearly $23 billion by the end of 2012, an increase of nearly 19 percent, and up from $19.3 billion in 2011.

“A talented and diverse group of entrepreneurs have built this year’s HOT 50 companies,” says Ian Portsmouth, Publisher and Editor-in-Chief of PROFIT. “Their creativity and ambition spell a bright future for their businesses, and point the way to success in Canada’s ever-challenging economy.”

Powered by Search began operations in 2009 out of Basu's home, and has grown rapidly since then, with the company moving into its 3rd office to gear for further expansion. The agency specializes in helping mid-sized and enterprise level businesses gain the highest possible return on investment on their online marketing investments, managing marketing channels including Search Engine Optimization (SEO), Paid Search Marketing (PPC), and Conversion Rate Optimization (CRO).

About PROFIT Magazine and PROFITguide.com
PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 30 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at http://www.PROFITguide.com.

About Powered by Search Inc.
Powered by Search is a full service, award-winning Canadian internet marketing agency based in Toronto, Canada. The company excels in providing boutique oriented service with enterprise level results for its wide range of clients ranging from national brands such as RE/MAX, Intercontinental Hotels Group, Public Storage Canada, Delta Hotels to technology startups such as Intelliresponse, Firmex, Sprouter, and more.

Powered by Search is accredited as a Google Adwords Certified Partner, Better Business Bureau member, and Google Engage for Agencies member. The company’s employees regularly speak at SEO and Internet Marketing conferences throughout North America and are recognized in industry publications for their specialized expertise in organic search engine optimization, local search optimization, in addition to having in-depth knowledge of the internet marketing industry.

For more information visit http://www.poweredbysearch.com

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