Fox Agency has experienced a tremendous year of growth due to significant advancements across the business. The B2B tech marketing agency, with offices in London, Leeds, Düsseldorf, and New York, saw revenues increase by 21% year-on-year to £6.5m, with a 94% surge in profit. This result is due to several key milestones achieved in Fox Agency’s five-year growth plan, such as expanding capabilities and launching into the US and Germany markets.
The strategic expansion of capabilities was achieved by hiring 15 new employees and promoting five internally across PR and media relations, analyst and investor relations, strategy and planning, video production and 3D, and organic and paid performance marketing. Also, the agency welcomed 11 new clients, including PHINIA, Tesa, Gamma, and OVHcloud, and expanded its coverage across global B2B tech accounts.
Ben Fox, CEO at Fox Agency, credited the company’s brand and demand proposition for its success, stating that “Global B2B tech firms are increasingly seeking strategic consultancy, creativity, and commerciality from agency partners – this is where our brand and demand proposition really comes into its own and supports accelerated growth.” Fox expects the company to see further progress in 2024.
In conclusion, Fox Agency’s continued growth demonstrates that its expansion strategy and focus on client satisfaction are bearing fruit. Through strategic expansion initiatives and an emphasis on providing invaluable client advice, the company is well-positioned to continue its strong growth trajectory.