America’s Promotions Powerhouse Continues on Path of Year-Over-Year Growth
Southfield, Michigan (PRWEB) August 28, 2017
SOUTHFIELD, Mich. - Inc. Magazine has ranked PrizeLogic on its 36th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. In 2017, PrizeLogic joins a finite group of ranked companies that have been listed six consecutive years; less than 4 percent of the ranked companies can claim this accomplishment.
PrizeLogic closed 2016 with more than 43 percent revenue growth, and has increased revenue 271 percent in the last three years. The nation’s leading digital partner for promotions also received the number 18 spot for “Top Detroit Companies” in this year’s Inc. ranking, number 33 in the state of Michigan, and is barreling toward another year of double digit growth in 2017.
“Each time we rank on the Inc. 5000 is another exciting milestone for PrizeLogic as it represents our dedication to changing this industry,” said Keith Simmons, CEO of PrizeLogic. “I’m especially proud because we’ve been able to do it while taking the high road; the market has shown its appreciation for our premium product and service offering and we’re fortunate to be able to align our values with a long list of great clients, many of whom have been with us for a very long time. We don’t take this recognition lightly and we’ll continue to invest back into our company, improve our services and surpass our own accomplishments year after year.”
PrizeLogic is fueled by innovation and recently released the new Coors Light Experience Points loyalty platform (XP). The mobile app allows Coors Light consumers to earn points for drinking Coors Light and playing trivia games for localized/relevant rewards custom designed for them. In addition, PrizeLogic is associated with the award winning T-Mobile Tuesday’s campaign where consumers are rewarded simply for being a T-Mobile customer.
Simmons added “We support our client’s objectives to drive a positive return on their marketing investments, measured by a host of performance indicators that ultimately lead to sales lift. In addition we’re set up to support enriched on-going CRM (customer relation management) by leveraging the comprehensive data we acquire.”
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 2016 alone, PrizeLogic executed nearly 1,000 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.
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 expertise in loyalty and retention marketing. Crain’s Detroit recognized PrizeLogic in 2016 on its Fast 50 ranking, highlighting Michigan’s largest corporate growth stories.
To view the PrizeLogic Inc. 5000 profile, visit https://www.inc.com/profile/prizelogic.
Founded in 2008, PrizeLogic is the most trusted digital partner for results-driven promotions. Millions of consumers have participated in more than 6,000 promotions launched by PrizeLogic since inception. PrizeLogic’s in-house experts provide services ranging from technology and security to legal and fulfillment, ensuring efficient and timely execution while maintaining creative excellence. The Company consistently innovates in order to keep brands relevant in an evolving digital world. PrizeLogic is proudly overseen by its original, founding leadership in partnership with North Carolina-based partner Pamlico Capital, which is focused on aiding in the company’s continued business growth and development. PrizeLogic offices are located in Southfield, MI (HQ), Scottsdale, AZ, New York, NY, Chicago, IL, Los Angeles, CA and Atlanta, GA. For additional information, please visit http://www.prizelogic.com.