SANTA ANA, Calif., Aug. 13, 2020 /PRNewswire-PRWeb/ -- Inc. magazine announced that Smarty Social Media has made the Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. Smarty Social earned its spot based on based on three-year revenue growth of 56.52 percent, and now sits among an impressive list of the most successful companies within the American economy's most dynamic segment – its independent small businesses.
"Social media has become the single most powerful tool for any business – from Fortune 50 to local mom and pop – to create meaningful connections with the people and companies who want and need their products and services. We are honored to spend each and every day helping our clients differentiate themselves from the competition to grow and thrive."
- Jami Eidsvold, Founder and CEO
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared to prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000's aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. The top 500 companies are also being featured in the September issue of Inc., available on newsstands August 12.
"The companies on this year's Inc. 5000 come from nearly every realm of business," says Inc. editor-in-chief Scott Omelianuk. "From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism."
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
Smarty Social Media, based in Orange County, Calif., is a full-service social marketing agency that helps businesses of all shapes and sizes win at using social media to drive consumer and customer demand. From brand building and content development to advertising, channel optimization, lead generation and conversion, Smarty provides its clients everything they need to stand out from the competition, resonate with their most important audiences and in culture, and drive sustainable and measurable business growth. Smarty custom designs, implements and manages integrated marketing plans to fit each client's unique needs and goals, and prides itself on impeccable client service.
More about Inc. and the Inc. 5000
Methodology
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
SOURCE Smarty Social Media
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