Fors Marsh Group (FMG) earned its highest ever rank on the American Marketing Association’s (AMA) 2018 Gold Report: Top 50 Market Research Firms. Each year, the list recognizes companies that have demonstrated growth, impactful work, and research leadership. FMG has been honored as an AMA Top 50 research consultancy firm every year since 2015.
Of U.S.-based companies considered in 2018, FMG ranked 36—its highest rank to date. FMG’s revenue increased 6.5% in 2017, reaching $32.8 million. FMG’s revenue growth of 6.5% surpassed the 3.4% average U.S. revenue growth rate for the top 50 market research companies.
“We are honored to earn this rank from the AMA on its Gold Top 50 Report,” said Dr. Sean Marsh, CEO at FMG. “This award and our success are due to our investing in talented people, expanding our market expertise, and delivering researched-backed solutions that create positive social impact. In 2017, we expanded our ability to support clients through the delivery of solutions shaped by our research. In 2018, we will continue building new partnerships in the defense, health, and technology markets—all of which leverage FMG’s experts and their expertise.”
In 2017, Fors Marsh Group saw increases in new client engagements, international projects, and staff size. FMG opened a new office in Columbus, Ohio to meet growing demand for data collection, storage, and analysis. In 2018, FMG will establish a second Arlington, Virginia office to meet demand for new client engagements supporting national and global programs. FMG also established two new divisions—the Learning and Training division and the Customer Experience division—to provide a greater range of consultancy and implementation services. New client partners include the U.S. Postal Service, Pew Research Center, Deltek, and the Centers for Medicare and Medicaid Services.
FMG also became the first Washington, D.C. metro area research company to earn the B Corporation Certification. As a Certified B Corporation, FMG is recognized internationally as being committed to a higher standard of business practices that create a positive impact on our community, employees, clients, and the environment.
“The success of FMG’s approach is reflected in 16 years of sustained growth,” said Andy Blenkle, Vice President, Marketing at FMG. “Since its inception, FMG has continued to hire notable subject matter experts and business leaders, as well as establish long-term client relationships. Earning this rank further affirms our work with institutions, organizations, and brands to disrupt markets, understand or influence behavior, drive action on a national or global scale, and create a positive impact on the world.”
Fors Marsh Group (FMG) applies science and strategy to improve organizational processes, business solutions, and customer experiences. This work is conducted within seven core U.S. markets: health, defense, technology, finance, homeland security, policy, and consumer. As a certified B Corporation, FMG’s business practices create positive impact beyond our client portfolio, extending into the community through pro bono service to nonprofits that are aligned with FMG’s corporate values.