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Inc. 500 Names SwarmBuilder as 100th Fastest Growing Private Company

Inc. 500 Names SwarmBuilder as 100th Fastest Growing Private Company

Release Date: 2010-08-26

 

SALT LAKE CITY ― August 26, 2010 ― SwarmBuilder, whose solutions connect brands and sales influencers to create brand advocates, has been named as the nation's 100th fastest growing private company on the prestigious Inc. 500 list, and is the third highest ranking Utah-based business being recognized. According to Inc., "this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success and the place where future household names first make their mark." SwarmBuilder earned the century mark spot by growing its business nearly 2,500 percent over the past three years.
 
The company focuses on the sporting goods, footwear, and apparel industries and helps both brands and sales influencers connect in meaningful ways that improve sales. SwarmBuilder's 3point5.com and Promotive products work with more than 225 brands and over 400,000 sales influencers – retail sales associates, VIPs and Pros – to provide product education, improve sales, and create brand advocates by allowing the most influential people to purchase and use product personally. By using product themselves, these sales influencers and brand advocates are able to share their experiences via word-of-mouth marketing which improve sell through.
 
"We are thrilled to be included on the Inc. 500 list and are extremely pleased that our first submission resulted in such a high ranking. Our growth has been tremendous over the past three years because brands and sales influencers understand and value education and word-of-mouth marketing," said Duncan Robins, CEO of SwarmBuilder. "In this economic climate, consumers are more selective of where they spend their disposable income. By educating sales influencers and allowing them to purchase and use product at deeply discounted rates, we ultimately help the buyer make good decisions about where to spend their extra cash." 
 
SwarmBuilder originally introduced its Promotive and 3point5.com solutions for the sporting goods industry, but quickly realized that businesses in every market category could benefit from online retail training, incentivized purchase programs and word-of-mouth marketing. The company has since aggressively and successfully grown into the biking, footwear, apparel and automotive industries with customers such as Columbia, Under Armor, Raleigh/Diamondback, Rockport, Adidas Running and Optima Batteries. 
 
"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," said Inc. editor Jane Berentson. "The Inc 500 consists of these just-short-of-miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees and grown fast in difficult economic times."
 
In addition to growing the number of brands and retail outlets it works with, SwarmBuilder is growing its own internal team. Utah-based individuals interested in becoming part of the dynamic team at SwarmBuilder should visit //www.experticity.com/action/public/jobs. 
 
About SwarmBuilder, Inc.
SwarmBuilder, Inc., the parent company of 3point5.com.com and ProMotive, is the intersection where brands and sales influencers meet to create brand advocates. The company identifies and connects brands with this powerful audience – retail sales staff, VIPs and Pros – and converts them into true brand advocates that use word of mouth marketing to share their personal experiences and deep product knowledge in order to drive sales. SwarmBuilder focuses on creating an aggregated network of sales influencers, providing customized trainings for them, managing product seeding programs at deep discounts, all the while maintaining a strong engagement that fosters long-term relationships between brands and influencers. SwarmBuilder has connected more than 400,000 brand advocates with more than 225 brands and thousands of Retail locations. www.SwarmBuilder.com