We Announce Stellar Growth for Q1 for 2019
Earlier today, we announced that P2Sample has, once again, achieved record growth. Typically a slow quarter for our industry, Q1 never holds high expectations. We were so excited to see that our investments in technology and new products proved this expectation wrong! Our Q1 2019 revenue increased year over year by 44 percent and we registered more than 2.5 million survey completes during the same period.
This didn’t just happen by accident! A portion of this growth can be attributed to the release of our new platform early in the quarter, which features a fully-integrated, fully-automated solution for panel management and fieldwork. This, along with our ongoing investments in people (we hired six new staff members in the last year) and automation, have helped to grow our company.
In our press release issued this morning, our CEO, Mathijs de Jong, said: “This is the second year in a row that we’ve experienced an outstanding Q1, which has traditionally been a slower time of year for the industry. We’ve never wavered in our commitment to improving the respondent experience and focusing on data quality, mostly by implementing the latest technology. Our clients appreciate the efficiencies this approach creates, staying ahead of the curve and garnering better insights.”
You may have already read about our new platform, which is driving some of this success. It offers an end-to-end solution that manages processes from respondent recruitment through bidding and feasibility to project execution. In addition to this, we are applying automation and artificial intelligence in more ways along the supply chain, including for improving respondent targeting and conversion rates. Back it all up with our team of operational and technical experts, plus a company-wide commitment to superior customer service: a recipe for success.
We are proud to have been consistently been named on national lists for growth, most recently included in Deloitte’s 2018 Technology Fast 500 and the 2018 Inc 5000 List of Fastest Growing Companies. We’re keeping our respondents experience in mind as it truly is #timetolisten.
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