MINNEAPOLIS, Aug. 15, 2018 /PRNewswire/ -- Merchology, an online retailer of custom logo gifts and apparel, has debuted at #282 on the 2018 Inc. 500 List of America's Fastest-Growing Companies. The list offers a deep dive into the most important segment of the economy – America's independent entrepreneurs. Companies such as Intuit, Zappos, Oracle, Dell, Domino's Pizza, and LinkedIn gained early exposure as members of the Inc. 5000.
This recognition comes at a time of pivotal growth in revenue, international expansion, and boost in hiring for Merchology, who achieved an astounding growth rate of 1730% from 2014 to 2017. "We are very proud to be an Inc. 500 company," stated Dick Ward, CEO and majority shareholder of Merchology. "In my 31 years in this industry, I've never seen change happen at the pace it's happening today, and it's exciting. To succeed in this industry or any industry, you must become comfortable with embracing and driving change, which has been one of our core values from day one."
Chief Marketing Officer Ally Delgado elaborated on what Merchology sees as the biggest industry change. "E-commerce has raised consumer expectations across the board with price, quality, speed, and service. We want to reset the bar in the B2B space as well. It should be just as easy, fast, and painless to place an order of customized gifts and apparel for your company – so that's what we're setting out to do. We make ordering gear for your company a breeze."
Merchology employs over 100 people in Minnetonka, Minnesota and does business in all 50 states and 70 countries worldwide. The company partners with over 200 brands, including Under Armour, Patagonia, YETI, S'well, Moleskine, and Carhartt. Under Armour and Carhartt's websites also link to the Merchology website, letting customers know they can add their corporate logo to their favorite brand. Merchology applies company logos using a variety of techniques, including embroidery, screen print, digital print, embossing, laser engraving, and more.
"Our customers love the products we bring to market combined with the highest quality decoration and best-in-class customer service. Consumer brands are proud to partner with us because they know we will represent them professionally while also driving new growth for them in this corporate channel," stated Andrew Ward, Chief Revenue Officer.