Victoria, BC, January 23, 2018: Crowd Content Media, a company that helps businesses create content at any scale, reported today that 2017 revenue grew 56% over 2016.
“We’re very excited to see another strong financial year to follow up from the 57% revenue growth we saw in 2016,” said Clayton Lainsbury, Crowd Content’s Founder and CEO. “Topline revenue was driven by sharp increases in enterprise business after acquiring several new Fortune 500 customers.”
The content creation company has been able to penetrate a retail segment where its services are desperately needed. Customers such as Bloomingdale’s, Michaels and 3M, to name a few, use Crowd Content to create compelling content at scale for their product pages. These large brands often have hundreds of thousands of SKUs, making it impossible for in-house teams to write, review and manage product copy on a consistent basis. Crowd Content’s enterprise service lets these brands offload those tasks and focus on their core competencies.
“Two things we’ve learned are that the world’s best brands can’t waste time managing content and can’t afford to publish subpar content,” stated Lainsbury. “Customer retention has been exceptionally high because our focus is on delivering publish-ready content. For customers, this means they save time and money by not having to review, edit and revise content before it goes live. It also means they can trust that published content is accurate and designed to sell their products.”
Lainsbury credits the company’s mature technology and refined production process for the success in attracting and retaining large accounts. “For the past two years, we’ve made it our goal to be the best at helping brands create publish-ready content at scale,” he said. “It’s really been a team effort from our development and production teams. They’ve built the platform to handle the volume while adding key layers of quality review throughout the process. It all comes together to create a smart content engine that works for both writers and customers.”
In a recent press release, Lainsbury stated that with its production capabilities running at full speed, Crowd Content will be investing more resources into sales and marketing for 2018. Considering the company has been primarily focused on R&D to this point and hasn’t had a formal marketing effort in place, it expects to see growth increase as customer acquisition campaigns are implemented.
About Crowd Content: Crowd Content is a content creation company based in Victoria, BC that helps brands and agencies create online marketing content at scale. The company is backed by well-known angel investors including Todd Dunlop (founder of Neverblue Media and RingPartner) and James DeGreef (founder of GenoLogics and Tectoria Venture Partners). For more information, visit www.crowdcontent.com.