(PRESS RELEASE)NEW YORK – Jocalio, the leading end-to-end manufacturing to consumer marketing platform for independent jewelers, announced that it has been listed at number 134 on the Inc. 5000 list – a prestigious ranking of America’s fastest-growing private companies.
Jocalio recorded an impressive 3,159% growth rate over the past three years, earning them a listing in the magazine’s coveted Inc. 500 issue. Jocalio also ranked 1st among jewelry companies. Jocalio uses a data-driven approach to solve two of independent jewelers’ most significant challenges: leveraging digital marketing to drive customers in-store, and improving inventory turn by stocking collections that customers actually want to buy.
“The old ways of selling jewelry – based on seasonality and gut instinct – no longer work,” said Val Katayev, CEO & co-founder of Jocalio. “Our inclusion in the Inc 500 demonstrates that our data-driven approach to jewelry manufacturing, marketing, and sales was a much-needed service to independent jewelers. Our growth-minded clients typically realize annual sales increase ranging from 20% to 100% after partnering with Jocalio, significantly higher than the average industry growth rate.
Jocalio’s offering is powered by data science, proprietary tools, and a strong industry understanding to deliver robust and attributable results. For example, its highly successful in-store events program delivers jewelry based on anticipated demand, launches data-marketing campaigns to engage with highly-targeted audiences, and arranges in-store sales appointments at client stores. The turnkey process enables independent jewelers to avoid seasonal sales slumps, capitalize on market opportunities, and avoid surplus inventory.
“Data can be more valuable than diamonds within the jewelry business,” said CMO and co-founder David Weisz. “By continuously leveraging consumer and market data, we can determine regional demand, market to and engage audiences through the right channels and help independent jewelers grow their top and bottom lines.”
The Inc. 5000 list provides a glimpse into America’s most dynamic economic segment: independent businesses. Many widely-known brands, including Microsoft, Dell, Domino’s Pizza, Intuit, Patagonia, Zillow, and Oracle, gained their first national exposure on the list.
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“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
