SOUTHFIELD, Mich. (PRWEB) August 20, 2015
Inc. magazine has ranked PrizeLogic on its 34th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. In 2015, PrizeLogic is among an elite group of just 10 percent of ranked companies that have been listed four consecutive years, and is among only four Michigan-based companies in the advertising and marketing sector to make the list.
Celebrating an impressive 147 percent growth rate over the past three years, the nation’s leading digital partner for promotions jumped 651 spots over last year, having achieved revenue exceeding $31 million and adding 30 jobs in 2014.
“We are honored to be recognized yet again as one of America’s fastest-growing companies,” said Keith Simmons, CEO of PrizeLogic. “We are attentive to the fact that with continued growth, ranking amongst those who are achieving growth rates such as those listed on the Inc. 5000 is increasingly challenging to maintain. We’ve focused on retaining and recruiting an industry-leading team that continues to innovate and provide unparalleled support to our clients, and they are the reason we continue to grow.”
PrizeLogic has repeatedly partnered with some of the most recognized Fortune 100 brands in the world including Pepsi, MillerCoors, Subway and Disney to ideate and execute promotions engaging consumers beyond the prize. In 2014 alone, PrizeLogic executed more than 800 promotions entered by more than 100 million consumers and awarded $50 million in prizes that lead to continued consumer impressions long after they were awarded.
“Our work doesn’t stop at getting consumers to enter digital promotions, in fact that’s just the beginning,” said John Vail, CMO of PrizeLogic. “We work with brands to come up with strategic concepts and methodical execution to create a lasting relationship between them and their target audience. Ironically, I hired PrizeLogic while Head of Digital for Pepsi in 2009; now going on three years since joining the PrizeLogic team, I am very proud of the consistent growth driven by existing and new clients alike.”
Chief!Marketer has also recognized PrizeLogic, adding the promotions expert to its prestigious list of “Promo Top Shops.” Specifically honored as a result of achievements with consumer packaged goods (CPG) and trade promotions as well as the company’s uncanny expertise in loyalty and retention marketing.
“The digital shopper marketing world is an ecosystem with many integral parts, one of which is incentives,” continued Simmons. “We have analyzed data from thousands of successful promotions and have pretty much narrowed down to a science what consumers want and what they’re willing to do to get it, and that’s why we’re the leading shopper marketing partner.”
Based in Southfield, Mich.,PrizeLogic is proud to be a part of the unique revival taking place throughout the metro-Detroit area. Named as one of Crain’s Detroit’s top 200 fastest growing private companies, nearly 50 percent of the company’s worldwide employees are located at its Southfield headquarters. “Everything we do is strategic and in the best interest of the clients we partner with,” added Simmons. “We’re proud to be a Michigan-based company and our heartbeat in the mid-west has benefitted our clients over the years because of the talent we’ve recruited here as well as both an accessibility standpoint and a pure cost advantage; it’s a win-win-win for everyone involved.”
PrizeLogic is trending toward double digit growth again in 2015. To view the PrizeLogic Inc. 5000 profile, visit http://www.inc.com/profile/prizelogic.
Founded in 2008, PrizeLogic is the most trusted digital partner for results-driven promotions. Millions of consumers have played 4,000+ promotions launched by PrizeLogic for hundreds of brands many of which are Fortune 100 including Pepsi, Disney, Subway and MillerCoors. In-house experts covering everything from technology and security to legal and fulfillment, ensure efficient execution while maintaining creative excellence; and consistently innovate to keep brands relevant in an evolving digital world. Co-headquartered in Southfield, Mich. and Scottsdale, Ariz. with offices in New York, Chicago, Los Angeles and Atlanta, PrizeLogic is a Promo Top Shop and has been an Inc 5000 fastest growing company for four consecutive years. For more information, http://www.prizelogic.com.
Minchillo Consulting LLC