The First Ever Inc. 5,000 List of Fastest-Growing Companies Recognizes TicketCity.com and Seventy-one Austin Area Businesses
TicketCity.com ranks No. 2,772 on the 2007 Inc. 5,000 with three-year sales growth of 45 percent.
Austin, TX September 6, 2007 -- Inc. ranked TicketCity.com 2,772 on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. Growing at an annual rate of 45% each year over the last three years, TicketCity.com remains a leader in the secondary ticketing industry.
Randy Cohen, founder and current CEO, grew TickeCity.com from selling a few UT tickets in the early 90s to establishing a multi-million dollar international ticketing business. "Our continued success results from maintaining our core values while carefully managing growth," comments Cohen.
The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held, independent - not subsidiaries or divisions of other companies - as of December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.
"The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy - the entrepreneurial part," said Inc. 5,000 Project Manager Jim Melloan. "The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media."
"Acquiring additional quality inventory, maintaining excellent customer service, and carefully managing growth are the keys to success for TicketCity.com," says Cohen. Partnerships with venues, media outlet and Fortune 500 companies allow TicketCIty.com to attain premium tickets to events while intensive training prepares agents to assist clients. Even more essential to TicketCity.com's successful growth is strategically forecasting growth requirements while maintaining a core team of employees.
To differentiate itself from other secondary ticketing brokers TicketCity.com excels in customer service and acquires quality tickets to events. As passionate fans and attending many events themselves, the TicketCity.com team provides clients with immediate and personalized service often making recommendations on purchases. Each ticket purchase is backed by a guarantee and quality ticket inventory ensures that clients receive the seats desired to any event.
With an increase in growth over the last several years, the coming year looks promising. "In 2008 our plans for growth include expanding online presence, boosting international business and strengthening brand awareness," states Cohen. "We've seen much success over the past years and will continue to strive for better while maintaining our core values of excellent service and quality ticket inventory."
TicketCity.com sells tickets for all sports, concerts and theatre shows -- both in the U.S. and around the world. Founded in 1990, TicketCity.com is a trusted source for secondary tickets to every major event from the Derby to the Masters to the Super Bowl to the U.S. Open. TicketCity.com partners include Rivals.com, SportsWar.com and TMP Worldwide.
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at http://www.inc.com.
Liz Link, Marketing Coordinator
Read More Press Releases